GARAGE PIZZINI: 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.
GARAGE PIZZINI
Largest movements
- Stocks and contracts -€13,154
down €13,154 (-47.1%), from €27,918 to €14,764
- Tangible fixed assets -€9,002
down €9,002 (-26.3%), from €34,251 to €25,249
of which Furniture and vehicles: -€5,902
- Receivables within one year -€1,350
no longer reported in 2025 (was €1,350)
- Profit (loss) carried forward -€18,081
down €18,081 (-21.6%), from -€83,636 to -€101,717
- Current portion of long-term debt -€7,600
down €7,600 (-14.6%), from €52,052 to €44,452
- Debts after one year -€2,552
no longer reported in 2025 (was €2,552)
- Tax, wage and social debts +€2,099
up €2,099 (+98.8%), from €2,125 to €4,224
- Other debts +€1,266
up €1,266 (+2.1%), from €60,544 to €61,810
- Gross operating margin +€11,390
up €11,390, from -€5,028 to €6,362
- Depreciation +€596
up €596 (+4.8%), from €12,506 to €13,102
- Financial charges -€443
down €443 (-8.5%), from €5,244 to €4,801
- Staff costs +€423
up €423 (+336%), from €126 to €549
- Taxes -€403
no longer reported in 2025 (was €403)
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 | €67,813 | €44,112 | -€23,700 | -34.9% |
| Fixed assets | 21/28 | €34,251 | €25,249 | -€9,002 | -26.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €34,251 | €25,249 | -€9,002 | -26.3% |
| Land and buildings | 22 | €12,494 | €12,494 | = | 0.0% |
| Plant, machinery and equipment | 23 | €9,370 | €6,271 | -€3,100 | -33.1% |
| Furniture and vehicles | 24 | €12,387 | €6,485 | -€5,902 | -47.6% |
| Current assets | 29/58 | €33,562 | €18,863 | -€14,698 | -43.8% |
| Stocks and contracts in progress | 3 | €27,918 | €14,764 | -€13,154 | -47.1% |
| Stocks | 30/36 | €27,918 | €14,764 | -€13,154 | -47.1% |
| Amounts receivable within one year | 40/41 | €1,350 | - | -€1,350 | |
| Trade receivables | 40 | €1,350 | - | -€1,350 | |
| Cash at bank and in hand | 54/58 | €4,294 | €4,099 | -€195 | -4.5% |
| Total equity and liabilities | 10/49 | €67,813 | €44,112 | -€23,700 | -34.9% |
| Equity | 10/15 | -€60,723 | -€78,804 | -€18,081 | -29.8% |
| 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% |
| Reserves | 13 | €4,321 | €4,321 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,321 | €4,321 | = | 0.0% |
| Legal reserve | 130 | €4,321 | €4,321 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,636 | -€101,717 | -€18,081 | -21.6% |
| Amounts payable | 17/49 | €128,536 | €122,916 | -€5,620 | -4.4% |
| Amounts payable after more than one year | 17 | €2,552 | - | -€2,552 | |
| Financial debts | 170/4 | €2,552 | - | -€2,552 | |
| Amounts payable within one year | 42/48 | €125,983 | €122,916 | -€3,067 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €52,052 | €44,452 | -€7,600 | -14.6% |
| Financial debts | 43 | €1,647 | €2,538 | +€891 | +54.1% |
| Credit institutions | 430/8 | €1,647 | €2,538 | +€891 | +54.1% |
| Trade debts | 44 | €9,616 | €9,892 | +€276 | +2.9% |
| Suppliers | 440/4 | €9,616 | €9,892 | +€276 | +2.9% |
| Taxes, remuneration and social security | 45 | €2,125 | €4,224 | +€2,099 | +98.8% |
| Taxes | 450/3 | €2,125 | €4,224 | +€2,099 | +98.8% |
| Other amounts payable | 47/48 | €60,544 | €61,810 | +€1,266 | +2.1% |
| Remuneration, social security and pensions | 62 | €126 | €549 | +€423 | +336% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,506 | €13,102 | +€596 | +4.8% |
| Other operating charges | 640/8 | €5,815 | €5,994 | +€179 | +3.1% |
| Gross operating margin | 9900 | -€5,028 | €6,362 | +€11,390 | |
| Operating profit (loss) | 9901 | -€23,476 | -€13,284 | +€10,192 | +43.4% |
| Financial income | 75/76B | €0 | €4 | +€4 | +9,700% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +9,700% |
| Financial charges | 65/66B | €5,244 | €4,801 | -€443 | -8.5% |
| Recurring financial charges | 65 | €5,244 | €4,801 | -€443 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | -€28,720 | -€18,081 | +€10,639 | +37.0% |
| Income taxes | 67/77 | €403 | - | -€403 | |
| Profit (loss) for the period | 9904 | -€29,123 | -€18,081 | +€11,042 | +37.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,123 | -€18,081 | +€11,042 | +37.9% |
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 27 October 2026 via checked.be.