PYLADES: 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.
What changed
PYLADES
NACE 62.100, Computer programming
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€40,984
2024 · -€6,632-€34,352
Equity
€247,187
2024 · €288,171-€40,984
Cash
€269,317
2024 · €310,477-€41,160
Balance sheet total
€269,730
2024 · €311,213-€41,483
Largest movements
Assets
- Cash -€41,160
down €41,160 (-13.3%), from €310,477 to €269,317
mainly Net result for the year (-€40,984) and Other debts (-€675)
Equity and liabilities
- Profit (loss) carried forward -€40,984
down €40,984 (-16.3%), from €251,855 to €210,871
Income statement
- Gross operating margin -€31,509
down €31,509 (-399.8%), from -€7,881 to -€39,390
- Turnover -€31,500
down €31,500 (-100.0%), from €31,500 to €0
- Taxes +€2,821
up €2,821, from -€1,907 to €914
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.
Result 2024
-€6,632
Gross operating margin
-€31,509
Other operating charges
-€20
Financial charges
-€2
Taxes
-€2,821
Result 2025
-€40,984
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.
From operations
-€41,160
Investment
€0
Financing
€0
Cash 2024
€310,477
From operations (derived)
-€41,160
Net result for the year
-€40,984
Receivables within one year
+€323
Trade debts
+€139
Tax, wage and social debts
+€37
Other debts
-€675
Cash 2025
€269,317
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €311,213 | €269,730 | -€41,483 | -13.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Assets under construction and advance payments | 27 | €0 | €0 | = | |
| Financial fixed assets | 28 | €0 | €0 | = | |
| Current assets | 29/58 | €311,213 | €269,730 | -€41,483 | -13.3% |
| Amounts receivable after more than one year | 29 | €0 | €0 | = | |
| Trade receivables | 290 | €0 | €0 | = | |
| Other amounts receivable | 291 | €0 | €0 | = | |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Stocks | 30/36 | €0 | €0 | = | |
| Contracts in progress | 37 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €736 | €413 | -€323 | -43.9% |
| Trade receivables | 40 | €381 | €0 | -€381 | -100.0% |
| Other amounts receivable | 41 | €355 | €413 | +€58 | +16.3% |
| Current investments | 50/53 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €310,477 | €269,317 | -€41,160 | -13.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €311,213 | €269,730 | -€41,483 | -13.3% |
| Equity | 10/15 | €288,171 | €247,187 | -€40,984 | -14.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €0 | €0 | = | |
| Contributions outside capital | 11 | €0 | €0 | = | |
| Share premium | 1100/10 | €0 | €0 | = | |
| Other | 1109/19 | €0 | €0 | = | |
| Revaluation surpluses | 12 | €0 | €0 | = | |
| Reserves | 13 | €17,724 | €17,724 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,724 | €17,724 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,865 | €15,865 | = | 0.0% |
| Own shares acquired | 1312 | €0 | €0 | = | |
| Financial assistance | 1313 | €0 | €0 | = | |
| Other | 1319 | €0 | €0 | = | |
| Tax-exempt reserves | 132 | €0 | €0 | = | |
| Distributable reserves | 133 | €0 | €0 | = | |
| Profit (loss) carried forward | 14 | €251,855 | €210,871 | -€40,984 | -16.3% |
| Investment grants | 15 | €0 | €0 | = | |
| Advance to shareholders on the distribution of net assets | 19 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | €0 | = | |
| Provisions for liabilities and charges | 160/5 | €0 | €0 | = | |
| Pensions and similar obligations | 160 | €0 | €0 | = | |
| Taxes | 161 | €0 | €0 | = | |
| Major repairs and maintenance | 162 | €0 | €0 | = | |
| Environmental obligations | 163 | €0 | €0 | = | |
| Other liabilities and charges | 164/5 | €0 | €0 | = | |
| Deferred taxes | 168 | €0 | €0 | = | |
| Amounts payable | 17/49 | €23,042 | €22,543 | -€499 | -2.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Trade debts | 175 | €0 | - | = | |
| Advances received on contracts in progress | 176 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €23,042 | €22,543 | -€499 | -2.2% |
| Trade debts | 44 | - | €139 | +€139 | |
| Suppliers | 440/4 | - | €139 | +€139 | |
| Taxes, remuneration and social security | 45 | €128 | €165 | +€37 | +28.9% |
| Taxes | 450/3 | €128 | - | -€128 | |
| Remuneration and social security | 454/9 | - | €165 | +€165 | |
| Other amounts payable | 47/48 | €22,914 | €22,239 | -€675 | -2.9% |
| Turnover | 70 | €31,500 | €0 | -€31,500 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €39,381 | €39,390 | +€9 | 0.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €618 | €638 | +€20 | +3.2% |
| Gross operating margin | 9900 | -€7,881 | -€39,390 | -€31,509 | -399.8% |
| Operating profit (loss) | 9901 | -€8,499 | -€40,028 | -€31,529 | -371.0% |
| Financial charges | 65/66B | €40 | €42 | +€2 | +5.0% |
| Recurring financial charges | 65 | €40 | €42 | +€2 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,539 | -€40,070 | -€31,531 | -369.3% |
| Income taxes | 67/77 | -€1,907 | €914 | +€2,821 | |
| Profit (loss) for the period | 9904 | -€6,632 | -€40,984 | -€34,352 | -518.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,632 | -€40,984 | -€34,352 | -518.0% |
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.