PILLEN: 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.
PILLEN
Largest movements
- Cash +€12,699
up €12,699 (+150.3%), from €8,448 to €21,146
mainly Other debts (+€4,927) and Net result for the year (+€4,151)
- Intangible fixed assets -€3,215
down €3,215 (-50.0%), from €6,430 to €3,215
- Other debts +€4,927
up €4,927 (+5.9%), from €83,765 to €88,692
- Profit (loss) carried forward +€4,151
up €4,151 (+1.8%), from -€233,613 to -€229,463
- Trade debts +€528
new in 2025: €528
- Financial income +€21,611
new in 2025: €21,611
- Gross operating margin -€548
down €548 (-4.3%), from -€12,681 to -€13,229
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 | €20,021 | €29,500 | +€9,479 | +47.3% |
| Fixed assets | 21/28 | €11,388 | €8,173 | -€3,215 | -28.2% |
| Intangible fixed assets | 21 | €6,430 | €3,215 | -€3,215 | -50.0% |
| Tangible fixed assets | 22/27 | €4,958 | €4,958 | = | 0.0% |
| Land and buildings | 22 | €4,958 | €4,958 | = | 0.0% |
| Current assets | 29/58 | €8,634 | €21,328 | +€12,694 | +147.0% |
| Cash at bank and in hand | 54/58 | €8,448 | €21,146 | +€12,699 | +150.3% |
| Deferred charges and accrued income | 490/1 | €186 | €181 | -€5 | -2.5% |
| Total equity and liabilities | 10/49 | €20,021 | €29,500 | +€9,479 | +47.3% |
| Equity | 10/15 | -€63,870 | -€59,719 | +€4,151 | +6.5% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €138,757 | €138,757 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €135,658 | €135,658 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€233,613 | -€229,463 | +€4,151 | +1.8% |
| Amounts payable | 17/49 | €83,891 | €89,220 | +€5,328 | +6.4% |
| Amounts payable within one year | 42/48 | €83,765 | €89,220 | +€5,454 | +6.5% |
| Trade debts | 44 | - | €528 | +€528 | |
| Suppliers | 440/4 | - | €528 | +€528 | |
| Other amounts payable | 47/48 | €83,765 | €88,692 | +€4,927 | +5.9% |
| Accrued charges and deferred income | 492/3 | €126 | - | -€126 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,215 | €3,215 | = | 0.0% |
| Other operating charges | 640/8 | €882 | €877 | -€5 | -0.6% |
| Gross operating margin | 9900 | -€12,681 | -€13,229 | -€548 | -4.3% |
| Operating profit (loss) | 9901 | -€16,778 | -€17,321 | -€543 | -3.2% |
| Financial income | 75/76B | - | €21,611 | +€21,611 | |
| Recurring financial income | 75 | - | €21,611 | +€21,611 | |
| Financial charges | 65/66B | €140 | €140 | = | 0.0% |
| Recurring financial charges | 65 | €140 | €140 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€16,918 | €4,151 | +€21,068 | |
| Profit (loss) for the period | 9904 | -€16,918 | €4,151 | +€21,068 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,918 | €4,151 | +€21,068 |
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 1 October 2026 via checked.be.