PYLA Group: 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.
PYLA Group
Largest movements
- Receivables within one year +€47,240
up €47,240 (+24.3%), from €194,737 to €241,976
of which Other amounts receivable: +€46,427
- Reserves +€26,209
up €26,209 (+11.8%), from €221,243 to €247,452
of which Distributable reserves: +€26,209
- Other debts +€17,497
up €17,497 (+3.3%), from €534,835 to €552,332
- Financial income +€9,082
up €9,082 (+20.2%), from €45,062 to €54,144
- Gross operating margin +€6,685
up €6,685 (+84.4%), from €7,923 to €14,608
- Financial charges -€4,313
down €4,313 (-10.2%), from €42,333 to €38,019
- Taxes +€1,769
up €1,769 (+208%), from €852 to €2,621
- Depreciation +€366
up €366 (+375%), from €98 to €464
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 | €1,399,307 | €1,439,735 | +€40,429 | +2.9% |
| Fixed assets | 21/28 | €1,184,778 | €1,188,267 | +€3,489 | +0.3% |
| Tangible fixed assets | 22/27 | €1,294 | €830 | -€464 | -35.8% |
| Furniture and vehicles | 24 | €1,294 | €830 | -€464 | -35.8% |
| Financial fixed assets | 28 | €1,183,484 | €1,187,437 | +€3,953 | +0.3% |
| Current assets | 29/58 | €214,529 | €251,468 | +€36,940 | +17.2% |
| Amounts receivable within one year | 40/41 | €194,737 | €241,976 | +€47,240 | +24.3% |
| Trade receivables | 40 | €592 | €1,404 | +€812 | +137% |
| Other amounts receivable | 41 | €194,145 | €240,572 | +€46,427 | +23.9% |
| Cash at bank and in hand | 54/58 | €19,792 | €9,407 | -€10,385 | -52.5% |
| Deferred charges and accrued income | 490/1 | - | €85 | +€85 | |
| Total equity and liabilities | 10/49 | €1,399,307 | €1,439,735 | +€40,429 | +2.9% |
| Equity | 10/15 | €822,140 | €848,349 | +€26,209 | +3.2% |
| Contributions | 10/11 | €526,485 | €526,485 | = | 0.0% |
| Reserves | 13 | €221,243 | €247,452 | +€26,209 | +11.8% |
| Non-distributable reserves | 130/1 | €8,771 | €8,771 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,771 | €8,771 | = | 0.0% |
| Distributable reserves | 133 | €212,472 | €238,682 | +€26,209 | +12.3% |
| Profit (loss) carried forward | 14 | €74,411 | €74,411 | = | 0.0% |
| Amounts payable | 17/49 | €577,167 | €591,387 | +€14,220 | +2.5% |
| Amounts payable within one year | 42/48 | €534,874 | €553,408 | +€18,534 | +3.5% |
| Trade debts | 44 | €39 | €747 | +€708 | +1,813% |
| Suppliers | 440/4 | €39 | €747 | +€708 | +1,813% |
| Taxes, remuneration and social security | 45 | €0 | €329 | +€329 | |
| Taxes | 450/3 | €0 | €329 | +€329 | |
| Other amounts payable | 47/48 | €534,835 | €552,332 | +€17,497 | +3.3% |
| Accrued charges and deferred income | 492/3 | €42,294 | €37,979 | -€4,315 | -10.2% |
| Non-recurring operating income | 76A | €4,912 | €8,865 | +€3,953 | +80.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98 | €464 | +€366 | +375% |
| Other operating charges | 640/8 | €1,188 | €1,438 | +€251 | +21.1% |
| Gross operating margin | 9900 | €7,923 | €14,608 | +€6,685 | +84.4% |
| Operating profit (loss) | 9901 | €6,638 | €12,705 | +€6,067 | +91.4% |
| Financial income | 75/76B | €45,062 | €54,144 | +€9,082 | +20.2% |
| Recurring financial income | 75 | €45,062 | €54,144 | +€9,082 | +20.2% |
| Financial charges | 65/66B | €42,333 | €38,019 | -€4,313 | -10.2% |
| Recurring financial charges | 65 | €42,333 | €38,019 | -€4,313 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €9,368 | €28,830 | +€19,462 | +208% |
| Income taxes | 67/77 | €852 | €2,621 | +€1,769 | +208% |
| Profit (loss) for the period | 9904 | €8,516 | €26,209 | +€17,693 | +208% |
| Profit (loss) for the period to be appropriated | 9905 | €8,516 | €26,209 | +€17,693 | +208% |
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 18 October 2026 via checked.be.