Pilot Biologix: 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.
Pilot Biologix
Largest movements
- Receivables within one year +€87,080
up €87,080 (+168%), from €51,734 to €138,814
of which Trade receivables: +€68,970
- Cash -€79,286
down €79,286 (-81.5%), from €97,306 to €18,020
mainly Receivables within one year (-€87,080) and Debts after one year (-€25,371)
- Tangible fixed assets -€43,302
down €43,302 (-13.5%), from €319,954 to €276,652
of which Land and buildings: -€26,718
- Financial fixed assets +€25,000
up €25,000 (+13.8%), from €180,643 to €205,643
- Debts after one year -€25,371
down €25,371 (-11.5%), from €221,263 to €195,891
- Reserves +€20,315
up €20,315 (+5.5%), from €372,201 to €392,515
of which Distributable reserves: +€20,315
- Current portion of long-term debt -€14,413
down €14,413 (-36.2%), from €39,785 to €25,371
- Tax, wage and social debts +€10,086
up €10,086 (+117%), from €8,599 to €18,685
- Taxes +€4,876
up €4,876 (+71.5%), from €6,817 to €11,693
- Gross operating margin -€3,768
down €3,768 (-4.2%), from €89,645 to €85,878
- Depreciation -€3,222
down €3,222 (-6.9%), from €46,524 to €43,302
- Financial charges -€1,144
down €1,144 (-10.6%), from €10,757 to €9,613
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 | €649,638 | €639,129 | -€10,509 | -1.6% |
| Fixed assets | 21/28 | €500,598 | €482,295 | -€18,302 | -3.7% |
| Tangible fixed assets | 22/27 | €319,954 | €276,652 | -€43,302 | -13.5% |
| Land and buildings | 22 | €302,050 | €275,332 | -€26,718 | -8.8% |
| Furniture and vehicles | 24 | €17,904 | €1,320 | -€16,584 | -92.6% |
| Financial fixed assets | 28 | €180,643 | €205,643 | +€25,000 | +13.8% |
| Current assets | 29/58 | €149,040 | €156,834 | +€7,794 | +5.2% |
| Amounts receivable within one year | 40/41 | €51,734 | €138,814 | +€87,080 | +168% |
| Trade receivables | 40 | €33,106 | €102,076 | +€68,970 | +208% |
| Other amounts receivable | 41 | €18,628 | €36,738 | +€18,110 | +97.2% |
| Cash at bank and in hand | 54/58 | €97,306 | €18,020 | -€79,286 | -81.5% |
| Total equity and liabilities | 10/49 | €649,638 | €639,129 | -€10,509 | -1.6% |
| Equity | 10/15 | €378,401 | €398,715 | +€20,315 | +5.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €372,201 | €392,515 | +€20,315 | +5.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €370,341 | €390,655 | +€20,315 | +5.5% |
| Amounts payable | 17/49 | €271,237 | €240,414 | -€30,823 | -11.4% |
| Amounts payable after more than one year | 17 | €221,263 | €195,891 | -€25,371 | -11.5% |
| Financial debts | 170/4 | €221,263 | €195,891 | -€25,371 | -11.5% |
| Amounts payable within one year | 42/48 | €49,975 | €44,522 | -€5,452 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €39,785 | €25,371 | -€14,413 | -36.2% |
| Trade debts | 44 | €1,370 | €466 | -€904 | -66.0% |
| Suppliers | 440/4 | €1,370 | €466 | -€904 | -66.0% |
| Taxes, remuneration and social security | 45 | €8,599 | €18,685 | +€10,086 | +117% |
| Taxes | 450/3 | €8,599 | €18,685 | +€10,086 | +117% |
| Other amounts payable | 47/48 | €221 | - | -€221 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,524 | €43,302 | -€3,222 | -6.9% |
| Other operating charges | 640/8 | €1,086 | €1,111 | +€25 | +2.3% |
| Gross operating margin | 9900 | €89,645 | €85,878 | -€3,768 | -4.2% |
| Operating profit (loss) | 9901 | €42,036 | €41,464 | -€571 | -1.4% |
| Financial income | 75/76B | €102 | €157 | +€54 | +52.7% |
| Recurring financial income | 75 | €102 | €157 | +€54 | +52.7% |
| Financial charges | 65/66B | €10,757 | €9,613 | -€1,144 | -10.6% |
| Recurring financial charges | 65 | €10,757 | €9,613 | -€1,144 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €31,381 | €32,008 | +€627 | +2.0% |
| Income taxes | 67/77 | €6,817 | €11,693 | +€4,876 | +71.5% |
| Profit (loss) for the period | 9904 | €24,564 | €20,315 | -€4,249 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,564 | €20,315 | -€4,249 | -17.3% |
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 31 October 2026 via checked.be.