PILÕ IMMO: 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.
PILÕ IMMO
Largest movements
- Tangible fixed assets -€20,086
down €20,086 (-3.6%), from €554,914 to €534,827
of which Land and buildings: -€10,675
- Cash +€18,489
up €18,489 (+538.8%), from €3,431 to €21,920
mainly Depreciation (+€20,086) and Current portion of long-term debt (+€6,468)
- Debts after one year -€12,183
down €12,183 (-2.2%), from €552,725 to €540,542
- Current portion of long-term debt +€6,468
up €6,468 (+93.7%), from €6,905 to €13,372
- Profit (loss) carried forward +€6,308
up €6,308 (+28.2%), from -€22,349 to -€16,040
- Depreciation +€3,452
up €3,452 (+20.8%), from €16,634 to €20,086
- Financial charges -€2,870
down €2,870 (-19.8%), from €14,485 to €11,614
- Gross operating margin +€2,414
up €2,414 (+6.8%), from €35,596 to €38,009
- Other operating charges -€387
no longer reported in 2025 (was €387)
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 | €558,345 | €556,747 | -€1,598 | -0.3% |
| Fixed assets | 21/28 | €554,914 | €534,827 | -€20,086 | -3.6% |
| Tangible fixed assets | 22/27 | €554,914 | €534,827 | -€20,086 | -3.6% |
| Land and buildings | 22 | €454,282 | €443,607 | -€10,675 | -2.3% |
| Plant, machinery and equipment | 23 | €100,632 | €91,220 | -€9,412 | -9.4% |
| Current assets | 29/58 | €3,431 | €21,920 | +€18,489 | +538.8% |
| Cash at bank and in hand | 54/58 | €3,431 | €21,920 | +€18,489 | +538.8% |
| Total equity and liabilities | 10/49 | €558,345 | €556,747 | -€1,598 | -0.3% |
| Equity | 10/15 | -€12,349 | -€6,040 | +€6,308 | +51.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,349 | -€16,040 | +€6,308 | +28.2% |
| Amounts payable | 17/49 | €570,694 | €562,787 | -€7,906 | -1.4% |
| Amounts payable after more than one year | 17 | €552,725 | €540,542 | -€12,183 | -2.2% |
| Financial debts | 170/4 | €552,725 | €540,542 | -€12,183 | -2.2% |
| Amounts payable within one year | 42/48 | €13,074 | €22,245 | +€9,172 | +70.2% |
| Current portion of amounts payable after more than one year | 42 | €6,905 | €13,372 | +€6,468 | +93.7% |
| Trade debts | 44 | €6,169 | €8,873 | +€2,704 | +43.8% |
| Suppliers | 440/4 | €6,169 | €8,873 | +€2,704 | +43.8% |
| Accrued charges and deferred income | 492/3 | €4,895 | €0 | -€4,895 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,634 | €20,086 | +€3,452 | +20.8% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €35,596 | €38,009 | +€2,414 | +6.8% |
| Operating profit (loss) | 9901 | €18,574 | €17,923 | -€651 | -3.5% |
| Financial charges | 65/66B | €14,485 | €11,614 | -€2,870 | -19.8% |
| Recurring financial charges | 65 | €14,485 | €11,614 | -€2,870 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €4,089 | €6,308 | +€2,219 | +54.3% |
| Profit (loss) for the period | 9904 | €4,089 | €6,308 | +€2,219 | +54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,089 | €6,308 | +€2,219 | +54.3% |
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 4 October 2026 via checked.be.