PILEA Management: 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.
PILEA Management
Largest movements
- Cash +€142,226
up €142,226 (+39.5%), from €360,423 to €502,650
mainly Net result for the year (+€541,407) and Other debts (+€146,742)
- Other debts +€146,742
up €146,742 (+37.2%), from €394,664 to €541,407
- Gross operating margin +€199,463
up €199,463 (+38.4%), from €518,834 to €718,297
- Taxes +€50,535
up €50,535 (+39.8%), from €126,851 to €177,386
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 | €437,436 | €586,252 | +€148,816 | +34.0% |
| Current assets | 29/58 | €437,436 | €586,252 | +€148,816 | +34.0% |
| Amounts receivable within one year | 40/41 | €61,060 | €65,385 | +€4,324 | +7.1% |
| Trade receivables | 40 | €59,523 | €61,360 | +€1,837 | +3.1% |
| Other amounts receivable | 41 | €1,538 | €4,025 | +€2,487 | +162% |
| Current investments | 50/53 | €10,890 | €10,890 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €360,423 | €502,650 | +€142,226 | +39.5% |
| Deferred charges and accrued income | 490/1 | €5,063 | €7,328 | +€2,265 | +44.7% |
| Total equity and liabilities | 10/49 | €437,436 | €586,252 | +€148,816 | +34.0% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €432,436 | €581,252 | +€148,816 | +34.4% |
| Amounts payable within one year | 42/48 | €432,436 | €581,252 | +€148,816 | +34.4% |
| Trade debts | 44 | €1,348 | €670 | -€678 | -50.3% |
| Suppliers | 440/4 | €1,348 | €670 | -€678 | -50.3% |
| Taxes, remuneration and social security | 45 | €36,424 | €39,176 | +€2,751 | +7.6% |
| Taxes | 450/3 | €36,424 | €39,176 | +€2,751 | +7.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €394,664 | €541,407 | +€146,742 | +37.2% |
| Other operating charges | 640/8 | €1,031 | €465 | -€566 | -54.9% |
| Gross operating margin | 9900 | €518,834 | €718,297 | +€199,463 | +38.4% |
| Operating profit (loss) | 9901 | €517,803 | €717,832 | +€200,029 | +38.6% |
| Financial income | 75/76B | €3,805 | €1,148 | -€2,657 | -69.8% |
| Recurring financial income | 75 | €3,805 | €1,148 | -€2,657 | -69.8% |
| Financial charges | 65/66B | €93 | €187 | +€94 | +101% |
| Recurring financial charges | 65 | €93 | €187 | +€94 | +101% |
| Profit (loss) for the period before taxes | 9903 | €521,515 | €718,793 | +€197,278 | +37.8% |
| Income taxes | 67/77 | €126,851 | €177,386 | +€50,535 | +39.8% |
| Profit (loss) for the period | 9904 | €394,664 | €541,407 | +€146,742 | +37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €394,664 | €541,407 | +€146,742 | +37.2% |
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 16 October 2026 via checked.be.