pilipili: 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.
pilipili
Largest movements
- Tangible fixed assets -€39,799
down €39,799 (-8.5%), from €466,285 to €426,486
of which Furniture and vehicles: -€22,638
- Cash +€11,653
up €11,653 (+184%), from €6,327 to €17,980
mainly Depreciation (+€39,799) and Other debts (+€10,831)
- Debts after one year -€43,731
down €43,731 (-11.5%), from €381,466 to €337,736
of which Financial debts: -€45,761
- Other debts +€10,831
up €10,831 (+533%), from €2,030 to €12,861
- Gross operating margin -€9,212
down €9,212 (-14.7%), from €62,702 to €53,490
- Other operating charges -€3,212
down €3,212 (-71.7%), from €4,478 to €1,266
- Taxes -€974
no longer reported in 2025 (was €974)
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 | €484,221 | €455,418 | -€28,803 | -5.9% |
| Fixed assets | 21/28 | €466,534 | €426,735 | -€39,799 | -8.5% |
| Tangible fixed assets | 22/27 | €466,285 | €426,486 | -€39,799 | -8.5% |
| Land and buildings | 22 | €214,830 | €198,371 | -€16,459 | -7.7% |
| Plant, machinery and equipment | 23 | €3,435 | €2,732 | -€702 | -20.4% |
| Furniture and vehicles | 24 | €248,020 | €225,383 | -€22,638 | -9.1% |
| Financial fixed assets | 28 | €249 | €249 | = | 0.0% |
| Current assets | 29/58 | €17,687 | €28,683 | +€10,996 | +62.2% |
| Amounts receivable within one year | 40/41 | €10,721 | €10,573 | -€148 | -1.4% |
| Trade receivables | 40 | €8,600 | €10,573 | +€1,972 | +22.9% |
| Other amounts receivable | 41 | €2,121 | - | -€2,121 | |
| Cash at bank and in hand | 54/58 | €6,327 | €17,980 | +€11,653 | +184% |
| Deferred charges and accrued income | 490/1 | €639 | €130 | -€509 | -79.6% |
| Total equity and liabilities | 10/49 | €484,221 | €455,418 | -€28,803 | -5.9% |
| Equity | 10/15 | €13,084 | €12,510 | -€574 | -4.4% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Contributions outside capital | 11 | €6,500 | €6,500 | = | 0.0% |
| Other | 1109/19 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,724 | €4,150 | -€574 | -12.1% |
| Amounts payable | 17/49 | €471,137 | €442,908 | -€28,229 | -6.0% |
| Amounts payable after more than one year | 17 | €381,466 | €337,736 | -€43,731 | -11.5% |
| Financial debts | 170/4 | €376,666 | €330,905 | -€45,761 | -12.1% |
| Other amounts payable | 178/9 | €4,800 | €6,830 | +€2,030 | +42.3% |
| Amounts payable within one year | 42/48 | €89,671 | €102,412 | +€12,741 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €68,857 | €69,761 | +€904 | +1.3% |
| Trade debts | 44 | €4,339 | €5,309 | +€970 | +22.4% |
| Suppliers | 440/4 | €4,339 | €5,309 | +€970 | +22.4% |
| Taxes, remuneration and social security | 45 | €14,445 | €14,481 | +€37 | +0.3% |
| Taxes | 450/3 | €4,445 | €5,481 | +€1,037 | +23.3% |
| Remuneration and social security | 454/9 | €10,000 | €9,000 | -€1,000 | -10.0% |
| Other amounts payable | 47/48 | €2,030 | €12,861 | +€10,831 | +533% |
| Accrued charges and deferred income | 492/3 | - | €2,760 | +€2,760 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,215 | €39,799 | -€416 | -1.0% |
| Other operating charges | 640/8 | €4,478 | €1,266 | -€3,212 | -71.7% |
| Gross operating margin | 9900 | €62,702 | €53,490 | -€9,212 | -14.7% |
| Operating profit (loss) | 9901 | €18,010 | €12,425 | -€5,584 | -31.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €13,069 | €12,999 | -€70 | -0.5% |
| Recurring financial charges | 65 | €13,069 | €12,705 | -€364 | -2.8% |
| Non-recurring financial charges | 66B | - | €294 | +€294 | |
| Profit (loss) for the period before taxes | 9903 | €4,941 | -€574 | -€5,515 | |
| Income taxes | 67/77 | €974 | - | -€974 | |
| Profit (loss) for the period | 9904 | €3,967 | -€574 | -€4,541 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,967 | -€574 | -€4,541 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.