PILOT FISH CONSULTING: 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 FISH CONSULTING
Largest movements
- Cash -€27,790
down €27,790 (-33.9%), from €81,927 to €54,137
mainly Contributions, distributions and other (-€67,765) and Receivables within one year (-€12,911)
- Receivables within one year +€12,911
up €12,911 (+346%), from €3,734 to €16,644
of which Trade receivables: +€13,021
- Tangible fixed assets -€6,621
down €6,621 (-41.6%), from €15,904 to €9,283
of which Furniture and vehicles: -€6,532
- Profit (loss) carried forward -€31,619
down €31,619 (-75.3%), from €41,968 to €10,349
- Other debts +€9,122
up €9,122 (+375%), from €2,431 to €11,553
- Tax, wage and social debts +€1,136
up €1,136 (+11.6%), from €9,768 to €10,905
- Gross operating margin -€7,041
down €7,041 (-11.6%), from €60,703 to €53,662
- Taxes -€1,210
down €1,210 (-10.6%), from €11,377 to €10,168
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 | €103,005 | €81,558 | -€21,447 | -20.8% |
| Fixed assets | 21/28 | €15,904 | €9,283 | -€6,621 | -41.6% |
| Tangible fixed assets | 22/27 | €15,904 | €9,283 | -€6,621 | -41.6% |
| Plant, machinery and equipment | 23 | €105 | €16 | -€89 | -84.7% |
| Furniture and vehicles | 24 | €15,799 | €9,267 | -€6,532 | -41.3% |
| Current assets | 29/58 | €87,102 | €72,276 | -€14,826 | -17.0% |
| Amounts receivable within one year | 40/41 | €3,734 | €16,644 | +€12,911 | +346% |
| Trade receivables | 40 | - | €13,021 | +€13,021 | |
| Other amounts receivable | 41 | €3,734 | €3,624 | -€110 | -3.0% |
| Cash at bank and in hand | 54/58 | €81,927 | €54,137 | -€27,790 | -33.9% |
| Deferred charges and accrued income | 490/1 | €1,440 | €1,494 | +€54 | +3.7% |
| Total equity and liabilities | 10/49 | €103,005 | €81,558 | -€21,447 | -20.8% |
| Equity | 10/15 | €89,468 | €57,849 | -€31,619 | -35.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €45,000 | €45,000 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,968 | €10,349 | -€31,619 | -75.3% |
| Amounts payable | 17/49 | €13,537 | €23,710 | +€10,172 | +75.1% |
| Amounts payable within one year | 42/48 | €13,537 | €23,710 | +€10,172 | +75.1% |
| Trade debts | 44 | €1,338 | €1,252 | -€86 | -6.4% |
| Suppliers | 440/4 | €1,338 | €1,252 | -€86 | -6.4% |
| Taxes, remuneration and social security | 45 | €9,768 | €10,905 | +€1,136 | +11.6% |
| Taxes | 450/3 | €9,768 | €10,905 | +€1,136 | +11.6% |
| Other amounts payable | 47/48 | €2,431 | €11,553 | +€9,122 | +375% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,653 | €6,621 | -€32 | -0.5% |
| Other operating charges | 640/8 | €727 | €751 | +€24 | +3.3% |
| Gross operating margin | 9900 | €60,703 | €53,662 | -€7,041 | -11.6% |
| Operating profit (loss) | 9901 | €53,322 | €46,290 | -€7,033 | -13.2% |
| Financial income | 75/76B | €68 | €96 | +€28 | +41.9% |
| Recurring financial income | 75 | €68 | €96 | +€28 | +41.9% |
| Financial charges | 65/66B | €50 | €72 | +€22 | +44.0% |
| Recurring financial charges | 65 | €50 | €72 | +€22 | +44.0% |
| Profit (loss) for the period before taxes | 9903 | €53,340 | €46,314 | -€7,026 | -13.2% |
| Income taxes | 67/77 | €11,377 | €10,168 | -€1,210 | -10.6% |
| Profit (loss) for the period | 9904 | €41,963 | €36,146 | -€5,817 | -13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,963 | €36,146 | -€5,817 | -13.9% |
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 25 October 2026 via checked.be.