PILOON: 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.
PILOON
Largest movements
- Receivables within one year +€8,182
up €8,182 (+48.6%), from €16,830 to €25,012
of which Other amounts receivable: +€6,276
- Financial fixed assets +€2,550
new in 2025: €2,550
- Tangible fixed assets +€2,402
up €2,402 (+42.4%), from €5,665 to €8,067
of which Plant, machinery and equipment: +€1,902
- Cash +€2,234
up €2,234 (+6.5%), from €34,276 to €36,511
mainly Net result for the year (+€8,560) and Other debts (+€3,766)
- Profit (loss) carried forward +€6,894
up €6,894 (+17.9%), from €38,606 to €45,501
- Other debts +€3,766
up €3,766 (+265%), from €1,421 to €5,187
- Tax, wage and social debts +€3,488
up €3,488 (+23.4%), from €14,878 to €18,366
- Trade debts +€1,220
up €1,220 (+69.1%), from €1,767 to €2,987
- Gross operating margin -€33,965
down €33,965 (-69.2%), from €49,097 to €15,132
- Taxes -€7,085
down €7,085 (-70.5%), from €10,056 to €2,970
- Depreciation +€1,833
up €1,833 (+459%), from €399 to €2,233
- Staff costs +€764
new in 2025: €764
- Other operating charges +€692
new in 2025: €692
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 | €56,772 | €72,140 | +€15,368 | +27.1% |
| Fixed assets | 21/28 | €5,665 | €10,617 | +€4,952 | +87.4% |
| Tangible fixed assets | 22/27 | €5,665 | €8,067 | +€2,402 | +42.4% |
| Plant, machinery and equipment | 23 | €1,847 | €3,749 | +€1,902 | +103% |
| Furniture and vehicles | 24 | €3,818 | €4,318 | +€500 | +13.1% |
| Financial fixed assets | 28 | - | €2,550 | +€2,550 | |
| Current assets | 29/58 | €51,107 | €61,523 | +€10,416 | +20.4% |
| Amounts receivable within one year | 40/41 | €16,830 | €25,012 | +€8,182 | +48.6% |
| Trade receivables | 40 | €8,430 | €10,336 | +€1,906 | +22.6% |
| Other amounts receivable | 41 | €8,400 | €14,677 | +€6,276 | +74.7% |
| Cash at bank and in hand | 54/58 | €34,276 | €36,511 | +€2,234 | +6.5% |
| Total equity and liabilities | 10/49 | €56,772 | €72,140 | +€15,368 | +27.1% |
| Equity | 10/15 | €38,706 | €45,601 | +€6,894 | +17.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,606 | €45,501 | +€6,894 | +17.9% |
| Amounts payable | 17/49 | €18,065 | €26,539 | +€8,474 | +46.9% |
| Amounts payable within one year | 42/48 | €18,065 | €26,539 | +€8,474 | +46.9% |
| Trade debts | 44 | €1,767 | €2,987 | +€1,220 | +69.1% |
| Suppliers | 440/4 | €1,767 | €2,987 | +€1,220 | +69.1% |
| Taxes, remuneration and social security | 45 | €14,878 | €18,366 | +€3,488 | +23.4% |
| Taxes | 450/3 | €14,878 | €18,366 | +€3,488 | +23.4% |
| Other amounts payable | 47/48 | €1,421 | €5,187 | +€3,766 | +265% |
| Remuneration, social security and pensions | 62 | - | €764 | +€764 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €399 | €2,233 | +€1,833 | +459% |
| Other operating charges | 640/8 | - | €692 | +€692 | |
| Gross operating margin | 9900 | €49,097 | €15,132 | -€33,965 | -69.2% |
| Operating profit (loss) | 9901 | €48,698 | €11,444 | -€37,254 | -76.5% |
| Financial income | 75/76B | - | €398 | +€398 | |
| Recurring financial income | 75 | - | €398 | +€398 | |
| Financial charges | 65/66B | €36 | €311 | +€275 | +765% |
| Recurring financial charges | 65 | €36 | €311 | +€275 | +765% |
| Profit (loss) for the period before taxes | 9903 | €48,662 | €11,531 | -€37,131 | -76.3% |
| Income taxes | 67/77 | €10,056 | €2,970 | -€7,085 | -70.5% |
| Profit (loss) for the period | 9904 | €38,606 | €8,560 | -€30,046 | -77.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,606 | €8,560 | -€30,046 | -77.8% |
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 16 October 2026 via checked.be.