Pile & Face One: 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.
Pile & Face One
Largest movements
- Receivables within one year +€4,916
up €4,916 (+4,096%), from €120 to €5,036
of which Trade receivables: +€4,511
- Intangible fixed assets +€2,452
new in 2025: €2,452
- Cash +€1,829
up €1,829 (+13.7%), from €13,362 to €15,191
mainly Net result for the year (+€7,290) and Tax, wage and social debts (+€2,236)
- Tangible fixed assets +€786
new in 2025: €786
- Formation expenses -€442
no longer reported in 2025 (was €442)
- Profit (loss) carried forward +€7,290
up €7,290 (+96.1%), from €7,589 to €14,879
- Tax, wage and social debts +€2,236
up €2,236 (+68.5%), from €3,265 to €5,502
- Other debts +€455
new in 2025: €455
- Gross operating margin -€945
down €945 (-8.4%), from €11,184 to €10,239
- Depreciation -€682
down €682 (-46.0%), from €1,482 to €800
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,030 | €23,916 | +€9,886 | +70.5% |
| Formation expenses | 20 | €442 | - | -€442 | |
| Fixed assets | 21/28 | - | €3,238 | +€3,238 | |
| Intangible fixed assets | 21 | - | €2,452 | +€2,452 | |
| Tangible fixed assets | 22/27 | - | €786 | +€786 | |
| Furniture and vehicles | 24 | - | €786 | +€786 | |
| Current assets | 29/58 | €13,587 | €20,678 | +€7,091 | +52.2% |
| Stocks and contracts in progress | 3 | - | €406 | +€406 | |
| Stocks | 30/36 | - | €406 | +€406 | |
| Amounts receivable within one year | 40/41 | €120 | €5,036 | +€4,916 | +4,096% |
| Trade receivables | 40 | - | €4,511 | +€4,511 | |
| Other amounts receivable | 41 | €120 | €525 | +€405 | +338% |
| Cash at bank and in hand | 54/58 | €13,362 | €15,191 | +€1,829 | +13.7% |
| Deferred charges and accrued income | 490/1 | €105 | €46 | -€59 | -56.2% |
| Total equity and liabilities | 10/49 | €14,030 | €23,916 | +€9,886 | +70.5% |
| Equity | 10/15 | €10,589 | €17,879 | +€7,290 | +68.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,589 | €14,879 | +€7,290 | +96.1% |
| Amounts payable | 17/49 | €3,441 | €6,037 | +€2,596 | +75.4% |
| Amounts payable within one year | 42/48 | €3,441 | €6,037 | +€2,596 | +75.4% |
| Trade debts | 44 | €175 | €80 | -€95 | -54.4% |
| Suppliers | 440/4 | €175 | €80 | -€95 | -54.4% |
| Taxes, remuneration and social security | 45 | €3,265 | €5,502 | +€2,236 | +68.5% |
| Taxes | 450/3 | €3,265 | €5,502 | +€2,236 | +68.5% |
| Other amounts payable | 47/48 | - | €455 | +€455 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,482 | €800 | -€682 | -46.0% |
| Other operating charges | 640/8 | - | €30 | +€30 | |
| Gross operating margin | 9900 | €11,184 | €10,239 | -€945 | -8.4% |
| Operating profit (loss) | 9901 | €9,702 | €9,409 | -€293 | -3.0% |
| Financial income | 75/76B | €1 | €9 | +€7 | +565% |
| Recurring financial income | 75 | €1 | €9 | +€7 | +565% |
| Financial charges | 65/66B | €114 | €125 | +€10 | +9.2% |
| Recurring financial charges | 65 | €114 | €125 | +€10 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | €9,589 | €9,293 | -€296 | -3.1% |
| Income taxes | 67/77 | €2,000 | €2,003 | +€2 | +0.1% |
| Profit (loss) for the period | 9904 | €7,589 | €7,290 | -€299 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,589 | €7,290 | -€299 | -3.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.