PILOUKI: 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.
PILOUKI
Largest movements
- Deferred charges and accrued income -€5,000
down €5,000 (-25.0%), from €20,000 to €15,000
- Receivables within one year +€4,649
up €4,649 (+58.2%), from €7,989 to €12,638
- Cash +€3,501
up €3,501 (+7.8%), from €45,100 to €48,601
mainly Deferred charges and accrued income (+€5,000) and Depreciation (+€3,452)
- Tangible fixed assets -€3,452
down €3,452 (-6.8%), from €50,685 to €47,234
- Trade debts -€2,616
down €2,616 (-61.6%), from €4,245 to €1,629
- Reserves +€1,500
up €1,500 (+4.9%), from €30,550 to €32,050
of which Distributable reserves: +€1,500
- Gross operating margin +€2,410
up €2,410 (+42.2%), from €5,715 to €8,125
- Taxes +€562
up €562 (+332.6%), from €169 to €730
- Other operating charges +€496
up €496 (+29.5%), from €1,681 to €2,177
- Depreciation +€157
up €157 (+4.8%), from €3,295 to €3,452
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 | €123,774 | €123,473 | -€301 | -0.2% |
| Fixed assets | 21/28 | €50,685 | €47,234 | -€3,452 | -6.8% |
| Tangible fixed assets | 22/27 | €50,685 | €47,234 | -€3,452 | -6.8% |
| Land and buildings | 22 | €50,685 | €47,234 | -€3,452 | -6.8% |
| Current assets | 29/58 | €73,089 | €76,239 | +€3,150 | +4.3% |
| Amounts receivable within one year | 40/41 | €7,989 | €12,638 | +€4,649 | +58.2% |
| Other amounts receivable | 41 | €7,989 | €12,638 | +€4,649 | +58.2% |
| Cash at bank and in hand | 54/58 | €45,100 | €48,601 | +€3,501 | +7.8% |
| Deferred charges and accrued income | 490/1 | €20,000 | €15,000 | -€5,000 | -25.0% |
| Total equity and liabilities | 10/49 | €123,774 | €123,473 | -€301 | -0.2% |
| Equity | 10/15 | €119,349 | €120,914 | +€1,566 | +1.3% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €30,550 | €32,050 | +€1,500 | +4.9% |
| Non-distributable reserves | 130/1 | €4,500 | €4,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,500 | €4,500 | = | 0.0% |
| Distributable reserves | 133 | €26,050 | €27,550 | +€1,500 | +5.8% |
| Profit (loss) carried forward | 14 | €43,799 | €43,864 | +€66 | +0.1% |
| Amounts payable | 17/49 | €4,425 | €2,558 | -€1,867 | -42.2% |
| Amounts payable within one year | 42/48 | €4,425 | €2,558 | -€1,867 | -42.2% |
| Trade debts | 44 | €4,245 | €1,629 | -€2,616 | -61.6% |
| Suppliers | 440/4 | €4,245 | €1,629 | -€2,616 | -61.6% |
| Taxes, remuneration and social security | 45 | €180 | €910 | +€730 | +405.8% |
| Taxes | 450/3 | €180 | €910 | +€730 | +405.8% |
| Other amounts payable | 47/48 | - | €19 | +€19 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,295 | €3,452 | +€157 | +4.8% |
| Other operating charges | 640/8 | €1,681 | €2,177 | +€496 | +29.5% |
| Gross operating margin | 9900 | €5,715 | €8,125 | +€2,410 | +42.2% |
| Operating profit (loss) | 9901 | €739 | €2,496 | +€1,757 | +237.9% |
| Financial charges | 65/66B | €150 | €200 | +€50 | +33.3% |
| Recurring financial charges | 65 | €150 | €200 | +€50 | +33.3% |
| Profit (loss) for the period before taxes | 9903 | €589 | €2,296 | +€1,707 | +290.0% |
| Income taxes | 67/77 | €169 | €730 | +€562 | +332.6% |
| Profit (loss) for the period | 9904 | €420 | €1,566 | +€1,146 | +272.8% |
| Profit (loss) for the period to be appropriated | 9905 | €420 | €1,566 | +€1,146 | +272.8% |
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 10 October 2026 via checked.be.