PILLEN LARS: 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.
PILLEN LARS
Largest movements
- Cash +€31,680
up €31,680 (+105%), from €30,250 to €61,930
mainly Net result for the year (+€33,515) and Tax, wage and social debts (+€12,888)
- Receivables within one year -€6,981
down €6,981 (-30.5%), from €22,923 to €15,942
- Tangible fixed assets +€5,650
new in 2025: €5,650
- Reserves +€32,682
up €32,682 (+124%), from €26,367 to €59,049
- Debts after one year -€14,765
down €14,765 (-27.5%), from €53,660 to €38,895
- Tax, wage and social debts +€12,888
up €12,888 (+85.5%), from €15,070 to €27,958
- Other debts -€2,122
down €2,122 (-15.4%), from €13,762 to €11,640
- Gross operating margin +€6,446
up €6,446 (+16.4%), from €39,420 to €45,866
- Taxes +€1,865
up €1,865 (+19.0%), from €9,817 to €11,682
- Financial income +€1,667
new in 2025: €1,667
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 | €128,173 | €158,521 | +€30,349 | +23.7% |
| Fixed assets | 21/28 | €75,000 | €80,650 | +€5,650 | +7.5% |
| Tangible fixed assets | 22/27 | - | €5,650 | +€5,650 | |
| Other tangible fixed assets | 26 | - | €5,650 | +€5,650 | |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €53,173 | €77,871 | +€24,699 | +46.4% |
| Amounts receivable within one year | 40/41 | €22,923 | €15,942 | -€6,981 | -30.5% |
| Trade receivables | 40 | €22,923 | €15,942 | -€6,981 | -30.5% |
| Cash at bank and in hand | 54/58 | €30,250 | €61,930 | +€31,680 | +105% |
| Total equity and liabilities | 10/49 | €128,173 | €158,521 | +€30,349 | +23.7% |
| Equity | 10/15 | €30,367 | €63,049 | +€32,682 | +108% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €26,367 | €59,049 | +€32,682 | +124% |
| Distributable reserves | 133 | €26,367 | €59,049 | +€32,682 | +124% |
| Amounts payable | 17/49 | €97,806 | €95,472 | -€2,334 | -2.4% |
| Amounts payable after more than one year | 17 | €53,660 | €38,895 | -€14,765 | -27.5% |
| Financial debts | 170/4 | €53,660 | €38,895 | -€14,765 | -27.5% |
| Amounts payable within one year | 42/48 | €43,296 | €55,906 | +€12,611 | +29.1% |
| Current portion of amounts payable after more than one year | 42 | €14,332 | €14,765 | +€433 | +3.0% |
| Trade debts | 44 | €132 | €1,543 | +€1,411 | +1,070% |
| Suppliers | 440/4 | €132 | €1,543 | +€1,411 | +1,070% |
| Taxes, remuneration and social security | 45 | €15,070 | €27,958 | +€12,888 | +85.5% |
| Taxes | 450/3 | €15,070 | €27,958 | +€12,888 | +85.5% |
| Other amounts payable | 47/48 | €13,762 | €11,640 | -€2,122 | -15.4% |
| Accrued charges and deferred income | 492/3 | €850 | €671 | -€179 | -21.1% |
| Other operating charges | 640/8 | €387 | €536 | +€148 | +38.3% |
| Gross operating margin | 9900 | €39,420 | €45,866 | +€6,446 | +16.4% |
| Operating profit (loss) | 9901 | €39,032 | €45,330 | +€6,298 | +16.1% |
| Financial income | 75/76B | - | €1,667 | +€1,667 | |
| Recurring financial income | 75 | - | €1,667 | +€1,667 | |
| Financial charges | 65/66B | €2,016 | €1,799 | -€217 | -10.8% |
| Recurring financial charges | 65 | €2,016 | €1,799 | -€217 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €37,016 | €45,198 | +€8,181 | +22.1% |
| Income taxes | 67/77 | €9,817 | €11,682 | +€1,865 | +19.0% |
| Profit (loss) for the period | 9904 | €27,200 | €33,515 | +€6,316 | +23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,200 | €33,515 | +€6,316 | +23.2% |
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 14 October 2026 via checked.be.