Pilion: 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.
What changed
Pilion
NACE 68.310, Real estate agency activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€57,466
2024 · -€57,284+€114,751
Equity
€122,288
2024 · €64,822+€57,466
Cash
€32,179
2024 · €26,259+€5,920
Balance sheet total
€1.3m
2024 · €1.3m+€10,438
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Profit (loss) carried forward +€70,102
up €70,102 (+10.4%), from -€673,405 to -€603,303
- Debts after one year -€42,006
down €42,006 (-5.9%), from €708,638 to €666,632
of which Other amounts payable: -€26,120
- Other debts +€35,304
up €35,304 (+11.4%), from €308,539 to €343,843
- Trade debts -€31,887
down €31,887 (-70.1%), from €45,474 to €13,587
Income statement
- Gross operating margin +€112,968
up €112,968 (+3901.1%), from €2,896 to €115,864
- Financial charges -€6,879
down €6,879 (-59.6%), from €11,535 to €4,657
- Depreciation +€5,538
up €5,538 (+14.1%), from €39,317 to €44,855
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.
Result 2024
-€57,284
Gross operating margin
+€112,968
Depreciation
-€5,538
Other operating charges
+€121
Financial income
-€96
Financial charges
+€6,879
Taxes
-€105
Deferred taxes and other
+€521
Result 2025
€57,466
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.
From operations
+€102,801
Investment
-€49,267
Financing
-€47,615
Cash 2024
€26,259
From operations (derived)
+€102,801
Net result for the year
+€57,466
Depreciation
+€44,855
Receivables within one year
+€1,335
Deferred charges and accrued income
-€1,441
Provisions
-€3,159
Trade debts
-€31,887
Tax, wage and social debts
+€328
Other debts
+€35,304
Investment (derived)
-€49,267
Investment in fixed assets (net)
-€49,267
Financing
-€47,615
Debts after one year
-€42,006
Current portion of long-term debt
-€5,608
Cash 2025
€32,179
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,292,380 | €1,302,817 | +€10,438 | +0.8% |
| Fixed assets | 21/28 | €1,120,977 | €1,125,389 | +€4,412 | +0.4% |
| Tangible fixed assets | 22/27 | €1,120,977 | €1,125,389 | +€4,412 | +0.4% |
| Land and buildings | 22 | €1,115,686 | €1,115,453 | -€234 | 0.0% |
| Plant, machinery and equipment | 23 | €3,572 | €2,376 | -€1,196 | -33.5% |
| Furniture and vehicles | 24 | €269 | €7,560 | +€7,291 | +2715.2% |
| Leasing and similar rights | 25 | €1,450 | €0 | -€1,450 | -100.0% |
| Current assets | 29/58 | €171,403 | €177,429 | +€6,026 | +3.5% |
| Stocks and contracts in progress | 3 | €105,000 | €105,000 | = | 0.0% |
| Contracts in progress | 37 | €105,000 | €105,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,467 | €11,132 | -€1,335 | -10.7% |
| Trade receivables | 40 | €973 | €1,229 | +€256 | +26.4% |
| Other amounts receivable | 41 | €11,494 | €9,902 | -€1,591 | -13.8% |
| Cash at bank and in hand | 54/58 | €26,259 | €32,179 | +€5,920 | +22.5% |
| Deferred charges and accrued income | 490/1 | €27,677 | €29,118 | +€1,441 | +5.2% |
| Total equity and liabilities | 10/49 | €1,292,380 | €1,302,817 | +€10,438 | +0.8% |
| Equity | 10/15 | €64,822 | €122,288 | +€57,466 | +88.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €732,027 | €719,391 | -€12,636 | -1.7% |
| Tax-exempt reserves | 132 | €571,273 | €558,637 | -€12,636 | -2.2% |
| Distributable reserves | 133 | €160,754 | €160,754 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€673,405 | -€603,303 | +€70,102 | +10.4% |
| Provisions and deferred taxes | 16 | €142,818 | €139,659 | -€3,159 | -2.2% |
| Deferred taxes | 168 | €142,818 | €139,659 | -€3,159 | -2.2% |
| Amounts payable | 17/49 | €1,084,739 | €1,040,870 | -€43,869 | -4.0% |
| Amounts payable after more than one year | 17 | €708,638 | €666,632 | -€42,006 | -5.9% |
| Financial debts | 170/4 | €317,186 | €301,300 | -€15,886 | -5.0% |
| Other amounts payable | 178/9 | €391,452 | €365,332 | -€26,120 | -6.7% |
| Amounts payable within one year | 42/48 | €376,101 | €374,238 | -€1,863 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €21,495 | €15,886 | -€5,608 | -26.1% |
| Trade debts | 44 | €45,474 | €13,587 | -€31,887 | -70.1% |
| Suppliers | 440/4 | €45,474 | €13,587 | -€31,887 | -70.1% |
| Taxes, remuneration and social security | 45 | €593 | €921 | +€328 | +55.3% |
| Taxes | 450/3 | €593 | €921 | +€328 | +55.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €308,539 | €343,843 | +€35,304 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,317 | €44,855 | +€5,538 | +14.1% |
| Other operating charges | 640/8 | €11,615 | €11,494 | -€121 | -1.0% |
| Gross operating margin | 9900 | €2,896 | €115,864 | +€112,968 | +3901.1% |
| Operating profit (loss) | 9901 | -€48,036 | €59,515 | +€107,551 | |
| Financial income | 75/76B | €242 | €147 | -€96 | -39.4% |
| Recurring financial income | 75 | €242 | €147 | -€96 | -39.4% |
| Financial charges | 65/66B | €11,535 | €4,657 | -€6,879 | -59.6% |
| Recurring financial charges | 65 | €11,535 | €4,657 | -€6,879 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | -€59,329 | €55,005 | +€114,334 | |
| Transfer from deferred taxes | 780 | €2,638 | €3,159 | +€521 | +19.8% |
| Income taxes | 67/77 | €593 | €698 | +€105 | +17.7% |
| Profit (loss) for the period | 9904 | -€57,284 | €57,466 | +€114,751 | |
| Transfer from tax-exempt reserves | 789 | €10,551 | €12,636 | +€2,085 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,734 | €70,102 | +€116,836 |
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 7 October 2026 via checked.be.