Pilatus Six: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Pilatus Six
Largest movements
- Tangible fixed assets -€237,154
down €237,154 (-5.7%), from €4.2m to €3.9m
- Profit (loss) carried forward -€350,652
down €350,652 (-52.0%), from -€673,787 to -€1.0m
- Trade debts +€255,149
up €255,149, from €0 to €255,149
- Debts after one year -€88,399
down €88,399 (-4.0%), from €2.2m to €2.1m
- Other debts -€60,988
no longer reported in 2024 (was €60,988)
- Gross operating margin +€40,666
up €40,666, from -€27,112 to €13,554
- Financial charges +€15,698
up €15,698 (+14.2%), from €110,302 to €126,000
- Other operating charges +€583
up €583 (+124%), from €469 to €1,053
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,186,850 | €3,944,803 | -€242,047 | -5.8% |
| Fixed assets | 21/28 | €4,181,050 | €3,943,896 | -€237,154 | -5.7% |
| Tangible fixed assets | 22/27 | €4,181,050 | €3,943,896 | -€237,154 | -5.7% |
| Plant, machinery and equipment | 23 | €4,181,050 | €3,943,896 | -€237,154 | -5.7% |
| Current assets | 29/58 | €5,800 | €906 | -€4,893 | -84.4% |
| Amounts receivable within one year | 40/41 | €3,624 | €32 | -€3,592 | -99.1% |
| Trade receivables | 40 | €3,609 | - | -€3,609 | |
| Other amounts receivable | 41 | €15 | €32 | +€17 | +112% |
| Cash at bank and in hand | 54/58 | €2,176 | €874 | -€1,302 | -59.8% |
| Total equity and liabilities | 10/49 | €4,186,850 | €3,944,803 | -€242,047 | -5.8% |
| Equity | 10/15 | €576,213 | €225,561 | -€350,652 | -60.9% |
| Contributions | 10/11 | €1,250,000 | €1,250,000 | = | 0.0% |
| Capital | 10 | €1,250,000 | €1,250,000 | = | 0.0% |
| Issued capital | 100 | €1,250,000 | €1,250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€673,787 | -€1,024,439 | -€350,652 | -52.0% |
| Amounts payable | 17/49 | €3,610,637 | €3,719,242 | +€108,605 | +3.0% |
| Amounts payable after more than one year | 17 | €2,189,010 | €2,100,611 | -€88,399 | -4.0% |
| Financial debts | 170/4 | €2,189,010 | €2,100,611 | -€88,399 | -4.0% |
| Amounts payable within one year | 42/48 | €1,419,226 | €1,616,526 | +€197,300 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €103,192 | €105,953 | +€2,761 | +2.7% |
| Financial debts | 43 | €1,250,000 | €1,250,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,250,000 | €1,250,000 | = | 0.0% |
| Trade debts | 44 | €0 | €255,149 | +€255,149 | |
| Suppliers | 440/4 | €0 | €255,149 | +€255,149 | |
| Taxes, remuneration and social security | 45 | €5,047 | €5,424 | +€378 | +7.5% |
| Taxes | 450/3 | €5,047 | €5,424 | +€378 | +7.5% |
| Other amounts payable | 47/48 | €60,988 | - | -€60,988 | |
| Accrued charges and deferred income | 492/3 | €2,401 | €2,105 | -€296 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €237,154 | €237,154 | = | 0.0% |
| Other operating charges | 640/8 | €469 | €1,053 | +€583 | +124% |
| Gross operating margin | 9900 | -€27,112 | €13,554 | +€40,666 | |
| Operating profit (loss) | 9901 | -€264,735 | -€224,652 | +€40,083 | +15.1% |
| Financial charges | 65/66B | €110,302 | €126,000 | +€15,698 | +14.2% |
| Recurring financial charges | 65 | €110,302 | €126,000 | +€15,698 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | -€375,037 | -€350,652 | +€24,385 | +6.5% |
| Profit (loss) for the period | 9904 | -€375,037 | -€350,652 | +€24,385 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€375,037 | -€350,652 | +€24,385 | +6.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.