PILLENS: 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.
PILLENS
Largest movements
- Receivables within one year +€33,769
up €33,769 (+615.6%), from €5,485 to €39,254
of which Trade receivables: +€22,142
- Cash -€14,507
down €14,507 (-14.4%), from €100,568 to €86,061
mainly Receivables within one year (-€33,769) and Debts after one year (-€8,818)
- Tangible fixed assets -€11,658
down €11,658 (-49.5%), from €23,547 to €11,890
of which Furniture and vehicles: -€11,461
- Reserves +€17,500
up €17,500 (+52.5%), from €33,360 to €50,860
- Debts after one year -€8,818
no longer reported in 2025 (was €8,818)
- Trade debts -€7,170
down €7,170 (-24.5%), from €29,319 to €22,149
- Tax, wage and social debts +€7,104
up €7,104 (+56.3%), from €12,626 to €19,730
of which Taxes: +€5,944
- Turnover -€447,822
no longer reported in 2025 (was €447,822)
- Purchases and services -€358,436
no longer reported in 2025 (was €358,436)
- Gross operating margin +€15,137
up €15,137 (+16.9%), from €89,386 to €104,523
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 | €139,642 | €147,985 | +€8,342 | +6.0% |
| Fixed assets | 21/28 | €23,863 | €12,206 | -€11,658 | -48.9% |
| Tangible fixed assets | 22/27 | €23,547 | €11,890 | -€11,658 | -49.5% |
| Furniture and vehicles | 24 | €23,111 | €11,650 | -€11,461 | -49.6% |
| Leasing and similar rights | 25 | €436 | €240 | -€197 | -45.1% |
| Financial fixed assets | 28 | €316 | €316 | = | 0.0% |
| Current assets | 29/58 | €115,779 | €135,779 | +€20,000 | +17.3% |
| Amounts receivable within one year | 40/41 | €5,485 | €39,254 | +€33,769 | +615.6% |
| Trade receivables | 40 | €284 | €22,426 | +€22,142 | +7798.3% |
| Other amounts receivable | 41 | €5,201 | €16,829 | +€11,627 | +223.5% |
| Cash at bank and in hand | 54/58 | €100,568 | €86,061 | -€14,507 | -14.4% |
| Deferred charges and accrued income | 490/1 | €9,726 | €10,463 | +€738 | +7.6% |
| Total equity and liabilities | 10/49 | €139,642 | €147,985 | +€8,342 | +6.0% |
| Equity | 10/15 | €76,297 | €93,923 | +€17,626 | +23.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,360 | €50,860 | +€17,500 | +52.5% |
| Distributable reserves | 133 | €33,360 | €50,860 | +€17,500 | +52.5% |
| Profit (loss) carried forward | 14 | €24,337 | €24,463 | +€126 | +0.5% |
| Amounts payable | 17/49 | €63,345 | €54,062 | -€9,284 | -14.7% |
| Amounts payable after more than one year | 17 | €8,818 | - | -€8,818 | |
| Financial debts | 170/4 | €8,818 | - | -€8,818 | |
| Amounts payable within one year | 42/48 | €53,661 | €54,062 | +€400 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €9,194 | €8,818 | -€377 | -4.1% |
| Trade debts | 44 | €29,319 | €22,149 | -€7,170 | -24.5% |
| Suppliers | 440/4 | €29,319 | €22,149 | -€7,170 | -24.5% |
| Taxes, remuneration and social security | 45 | €12,626 | €19,730 | +€7,104 | +56.3% |
| Taxes | 450/3 | €5,160 | €11,105 | +€5,944 | +115.2% |
| Remuneration and social security | 454/9 | €7,465 | €8,625 | +€1,160 | +15.5% |
| Other amounts payable | 47/48 | €2,522 | €3,365 | +€843 | +33.4% |
| Accrued charges and deferred income | 492/3 | €867 | - | -€867 | |
| Turnover | 70 | €447,822 | - | -€447,822 | |
| Goods, raw materials, services and sundry goods | 60/61 | €358,436 | - | -€358,436 | |
| Remuneration, social security and pensions | 62 | €64,718 | €64,902 | +€184 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,767 | €11,658 | -€109 | -0.9% |
| Other operating charges | 640/8 | €834 | €630 | -€204 | -24.4% |
| Gross operating margin | 9900 | €89,386 | €104,523 | +€15,137 | +16.9% |
| Operating profit (loss) | 9901 | €12,068 | €27,334 | +€15,265 | +126.5% |
| Financial income | 75/76B | €61 | €6 | -€55 | -90.7% |
| Recurring financial income | 75 | €61 | €6 | -€55 | -90.7% |
| Financial charges | 65/66B | €1,270 | €817 | -€453 | -35.7% |
| Recurring financial charges | 65 | €1,270 | €817 | -€453 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €10,860 | €26,522 | +€15,663 | +144.2% |
| Income taxes | 67/77 | €3,663 | €8,064 | +€4,401 | +120.1% |
| Profit (loss) for the period | 9904 | €7,196 | €18,459 | +€11,262 | +156.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,196 | €18,459 | +€11,262 | +156.5% |
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 9 October 2026 via checked.be.