PILGRIM SUPPORT: 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.
PILGRIM SUPPORT
Largest movements
- Receivables within one year +€6,323
up €6,323 (+42.9%), from €14,730 to €21,053
of which Other amounts receivable: +€10,923
- Cash -€1,675
down €1,675 (-92.5%), from €1,810 to €135
mainly Net result for the year (-€10,409) and Receivables within one year (-€6,323)
- Short-term financial debts +€10,583
new in 2025: €10,583
- Profit (loss) carried forward -€10,409
down €10,409, from €6,885 to -€3,523
- Trade debts +€5,081
up €5,081 (+75.1%), from €6,770 to €11,851
- Tax, wage and social debts -€1,263
down €1,263 (-63.6%), from €1,986 to €723
- Gross operating margin -€10,078
down €10,078, from €2,249 to -€7,829
- Financial charges -€379
down €379 (-26.8%), from €1,413 to €1,034
- Other operating charges -€287
down €287 (-23.9%), from €1,200 to €914
- Depreciation +€256
up €256 (+1820.8%), from €14 to €270
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 | €37,711 | €41,703 | +€3,993 | +10.6% |
| Fixed assets | 21/28 | €796 | €526 | -€270 | -33.9% |
| Tangible fixed assets | 22/27 | €796 | €526 | -€270 | -33.9% |
| Furniture and vehicles | 24 | €796 | €526 | -€270 | -33.9% |
| Current assets | 29/58 | €36,914 | €41,177 | +€4,263 | +11.5% |
| Stocks and contracts in progress | 3 | €17,804 | €17,689 | -€114 | -0.6% |
| Stocks | 30/36 | €17,804 | €17,689 | -€114 | -0.6% |
| Amounts receivable within one year | 40/41 | €14,730 | €21,053 | +€6,323 | +42.9% |
| Trade receivables | 40 | €9,657 | €5,057 | -€4,600 | -47.6% |
| Other amounts receivable | 41 | €5,073 | €15,996 | +€10,923 | +215.3% |
| Cash at bank and in hand | 54/58 | €1,810 | €135 | -€1,675 | -92.5% |
| Deferred charges and accrued income | 490/1 | €2,571 | €2,300 | -€271 | -10.6% |
| Total equity and liabilities | 10/49 | €37,711 | €41,703 | +€3,993 | +10.6% |
| Equity | 10/15 | €28,955 | €18,547 | -€10,409 | -35.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,070 | €2,070 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,070 | €2,070 | = | 0.0% |
| Legal reserve | 130 | €2,070 | €2,070 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,885 | -€3,523 | -€10,409 | |
| Amounts payable | 17/49 | €8,755 | €23,157 | +€14,401 | +164.5% |
| Amounts payable within one year | 42/48 | €8,755 | €23,157 | +€14,401 | +164.5% |
| Financial debts | 43 | - | €10,583 | +€10,583 | |
| Credit institutions | 430/8 | - | €10,583 | +€10,583 | |
| Trade debts | 44 | €6,770 | €11,851 | +€5,081 | +75.1% |
| Suppliers | 440/4 | €6,770 | €11,851 | +€5,081 | +75.1% |
| Taxes, remuneration and social security | 45 | €1,986 | €723 | -€1,263 | -63.6% |
| Taxes | 450/3 | €1,986 | €723 | -€1,263 | -63.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14 | €270 | +€256 | +1820.8% |
| Other operating charges | 640/8 | €1,200 | €914 | -€287 | -23.9% |
| Gross operating margin | 9900 | €2,249 | -€7,829 | -€10,078 | |
| Operating profit (loss) | 9901 | €1,035 | -€9,012 | -€10,047 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,413 | €1,034 | -€379 | -26.8% |
| Recurring financial charges | 65 | €1,413 | €1,034 | -€379 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | -€379 | -€10,047 | -€9,668 | -2553.1% |
| Income taxes | 67/77 | €352 | €362 | +€10 | +2.9% |
| Profit (loss) for the period | 9904 | -€730 | -€10,409 | -€9,678 | -1324.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€730 | -€10,409 | -€9,678 | -1324.9% |
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 2 October 2026 via checked.be.