PIZZA CLARA
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 4 days after the deadline Filed on 4 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00384346.
Annual accounts 2025 filed on 04-08-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is 80% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|
| Employees at the balance-sheet date | 4 | 4 | 4 |
| full-time | 1 | 1 | 2 |
| part-time | 3 | 3 | 2 |
| in full-time equivalents | 2.5 | 2.9 | 3.3 |
| Average over the year, in full-time equivalents | 1 | 2.8 | 3 |
| On a permanent contract | 2 | 2 | - |
| Joined | 11 | 43 | 51 |
| Left | 7 | 43 | 51 |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €41,722 | €9,000 | €1,850 |
| Depreciation and write-downs of the year | €7,990 | €9,703 | €8,587 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €76,168 | €110,511 | €117,397 | ▲ 6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,990 | €9,703 | €8,587 | ▼ 11.5% |
| Other operating charges640/8 | €2,112 | €2,454 | €2,335 | ▼ 4.8% |
| Gross operating margin9900 | €153,614 | €149,217 | €133,676 | ▼ 10.4% |
| Operating profit (loss)9901 | €67,344 | €26,549 | €5,357 | ▼ 79.8% |
| Financial income75/76B | €294 | €851 | €1,065 | ▲ 25.2% |
| Recurring financial income75 | €294 | €851 | €1,065 | ▲ 25.2% |
| Financial charges65/66B | €1,425 | €1,523 | €1,253 | ▼ 17.7% |
| Recurring financial charges65 | €1,425 | €1,523 | €1,253 | ▼ 17.7% |
| Profit (loss) for the period before taxes9903 | €66,214 | €25,877 | €5,169 | ▼ 80.0% |
| Income taxes67/77 | €14,451 | €6,553 | €2,448 | ▼ 62.6% |
| Profit (loss) for the period9904 | €51,763 | €19,324 | €2,721 | ▼ 85.9% |
| Profit (loss) for the period to be appropriated9905 | €51,763 | €19,324 | €2,721 | ▼ 85.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €87,869 | €124,929 | €106,776 | ▼ 14.5% |
| Fixed assets21/28 | €33,732 | €33,029 | €26,292 | ▼ 20.4% |
| Tangible fixed assets22/27 | €33,732 | €33,029 | €26,292 | ▼ 20.4% |
| Plant, machinery and equipment23 | €2,460 | €694 | - | - |
| Furniture and vehicles24 | €1,908 | €6,909 | €3,274 | ▼ 52.6% |
| Other tangible fixed assets26 | €29,363 | €25,426 | €23,018 | ▼ 9.5% |
| Current assets29/58 | €54,137 | €91,900 | €80,484 | ▼ 12.4% |
| Amounts receivable after more than one year29 | €10,000 | €7,700 | €7,700 | = |
| Other amounts receivable291 | €10,000 | €7,700 | €7,700 | = |
| Stocks and contracts in progress3 | €2,495 | €2,950 | €3,233 | ▲ 9.6% |
| Stocks30/36 | €2,495 | €2,950 | €3,233 | ▲ 9.6% |
| Amounts receivable within one year40/41 | €3,477 | €10,666 | €20,369 | ▲ 91.0% |
| Trade receivables40 | €3,477 | €3,175 | €5,840 | ▲ 83.9% |
| Other amounts receivable41 | - | €7,491 | €14,530 | ▲ 94.0% |
| Cash at bank and in hand54/58 | €37,167 | €68,435 | €46,544 | ▼ 32.0% |
| Deferred charges and accrued income490/1 | €998 | €2,150 | €2,638 | ▲ 22.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €87,869 | €124,929 | €106,776 | ▼ 14.5% |
| Equity10/15 | €55,763 | €75,087 | €49,488 | ▼ 34.1% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | €51,763 | €71,087 | €45,488 | ▼ 36.0% |
| Amounts payable17/49 | €32,106 | €49,843 | €57,288 | ▲ 14.9% |
| Amounts payable within one year42/48 | €32,106 | €49,843 | €57,288 | ▲ 14.9% |
| Trade debts44 | €11,718 | €15,169 | €9,508 | ▼ 37.3% |
| Suppliers440/4 | €11,718 | €15,169 | €9,508 | ▼ 37.3% |
| Taxes, remuneration and social security45 | €20,011 | €34,673 | €19,461 | ▼ 43.9% |
| Taxes450/3 | €15,972 | €21,517 | €11,445 | ▼ 46.8% |
| Remuneration and social security454/9 | €4,039 | €13,156 | €8,015 | ▼ 39.1% |
| Other amounts payable47/48 | €377 | - | €28,320 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €51,763 | €19,324 | €2,721 | ▼ 85.9% |
| + Depreciation and write-downs630 | €7,990 | €9,703 | €8,587 | ▼ 11.5% |
| Operating cash flow (approximation) | €59,753 | €29,027 | €11,308 | ▼ 61.0% |
| Investment in fixed assets (approximation) | - | -€9,000 | -€1,850 | ▲ 79.4% |
| Change in cash | - | €31,268 | -€21,891 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,546 companies had the same profile as PIZZA CLARA has now. Two years later, 94.3% were still going and 2.3% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PIZZA CLARA itself: 1.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,546 companies, not a prediction for PIZZA CLARA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.