PILEA: what changed
Two fiscal 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.
PILEA
Largest movements
- Receivables within one year -€2,319
down €2,319 (-75.9%), from €3,056 to €736
of which Trade receivables: -€2,408
- Profit (loss) carried forward -€1,563
down €1,563 (-4.0%), from -€39,113 to -€40,675
- Trade debts -€973
down €973 (-65.2%), from €1,493 to €520
- Tax, wage and social debts +€600
up €600 (+26.0%), from €2,303 to €2,903
- Other debts -€520
down €520 (-0.9%), from €57,891 to €57,371
- Gross operating margin +€3,806
up €3,806, from -€3,658 to €148
- Depreciation -€137
down €137 (-57.8%), from €237 to €100
- Financial charges +€68
up €68 (+44.9%), from €152 to €221
- Other operating charges +€43
up €43 (+3.2%), from €1,347 to €1,390
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.
Cash bridge derived
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 | €29,737 | €27,281 | -€2,456 | -8.3% |
| Fixed assets | 21/28 | €141 | €41 | -€100 | -70.7% |
| Tangible fixed assets | 22/27 | €100 | - | -€100 | |
| Furniture and vehicles | 24 | €100 | - | -€100 | |
| Financial fixed assets | 28 | €41 | €41 | = | 0.0% |
| Current assets | 29/58 | €29,595 | €27,239 | -€2,356 | -8.0% |
| Stocks and contracts in progress | 3 | €26,402 | €26,402 | = | 0.0% |
| Stocks | 30/36 | €26,402 | €26,402 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,056 | €736 | -€2,319 | -75.9% |
| Trade receivables | 40 | €2,686 | €278 | -€2,408 | -89.6% |
| Other amounts receivable | 41 | €369 | €458 | +€89 | +24.0% |
| Cash at bank and in hand | 54/58 | €84 | €51 | -€33 | -39.3% |
| Deferred charges and accrued income | 490/1 | €54 | €50 | -€4 | -6.9% |
| Total equity and liabilities | 10/49 | €29,737 | €27,281 | -€2,456 | -8.3% |
| Equity | 10/15 | -€31,950 | -€33,513 | -€1,563 | -4.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €163 | €163 | = | 0.0% |
| Non-distributable reserves | 130/1 | €163 | €163 | = | 0.0% |
| Reserves not available under the articles | 1311 | €163 | €163 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,113 | -€40,675 | -€1,563 | -4.0% |
| Amounts payable | 17/49 | €61,687 | €60,794 | -€893 | -1.4% |
| Amounts payable within one year | 42/48 | €61,687 | €60,794 | -€893 | -1.4% |
| Trade debts | 44 | €1,493 | €520 | -€973 | -65.2% |
| Suppliers | 440/4 | €1,493 | €520 | -€973 | -65.2% |
| Taxes, remuneration and social security | 45 | €2,303 | €2,903 | +€600 | +26.0% |
| Remuneration and social security | 454/9 | €2,303 | €2,903 | +€600 | +26.0% |
| Other amounts payable | 47/48 | €57,891 | €57,371 | -€520 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €237 | €100 | -€137 | -57.8% |
| Other operating charges | 640/8 | €1,347 | €1,390 | +€43 | +3.2% |
| Gross operating margin | 9900 | -€3,658 | €148 | +€3,806 | |
| Operating profit (loss) | 9901 | -€5,242 | -€1,342 | +€3,900 | +74.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €152 | €221 | +€68 | +44.9% |
| Recurring financial charges | 65 | €152 | €221 | +€68 | +44.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,394 | -€1,563 | +€3,832 | +71.0% |
| Profit (loss) for the period | 9904 | -€5,394 | -€1,563 | +€3,832 | +71.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,394 | -€1,563 | +€3,832 | +71.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.