GL PIZZA: what changed
Two fiscal 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.
GL PIZZA
Largest movements
- Receivables within one year -€28,207
down €28,207 (-88.1%), from €32,000 to €3,793
of which Trade receivables: -€31,337
- Tangible fixed assets +€13,741
up €13,741 (+4.4%), from €313,882 to €327,623
of which Land and buildings: +€24,607
- Stocks and contracts -€13,046
down €13,046 (-71.5%), from €18,241 to €5,195
- Deferred charges and accrued income +€5,317
new in 2025: €5,317
- Profit (loss) carried forward +€30,959
up €30,959 (+55.6%), from -€55,651 to -€24,692
- Accrued charges and deferred income -€25,654
no longer reported in 2025 (was €25,654)
- Debts after one year -€23,139
down €23,139 (-8.5%), from €271,803 to €248,664
- Trade debts +€16,258
up €16,258 (+24633.3%), from €66 to €16,324
- Tax, wage and social debts -€15,546
down €15,546 (-59.8%), from €25,986 to €10,440
of which Taxes: -€10,658
- Gross operating margin +€30,238
up €30,238 (+26.4%), from €114,441 to €144,679
- Financial charges +€4,346
up €4,346 (+33.7%), from €12,888 to €17,234
- Other operating charges -€4,082
down €4,082 (-44.8%), from €9,120 to €5,038
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 | €373,599 | €354,085 | -€19,514 | -5.2% |
| Fixed assets | 21/28 | €314,627 | €328,368 | +€13,741 | +4.4% |
| Tangible fixed assets | 22/27 | €313,882 | €327,623 | +€13,741 | +4.4% |
| Land and buildings | 22 | €271,709 | €296,316 | +€24,607 | +9.1% |
| Plant, machinery and equipment | 23 | €1,675 | €109 | -€1,566 | -93.5% |
| Furniture and vehicles | 24 | €10,923 | €7,042 | -€3,881 | -35.5% |
| Other tangible fixed assets | 26 | €29,575 | €24,156 | -€5,419 | -18.3% |
| Financial fixed assets | 28 | €745 | €745 | = | 0.0% |
| Current assets | 29/58 | €58,972 | €25,717 | -€33,255 | -56.4% |
| Stocks and contracts in progress | 3 | €18,241 | €5,195 | -€13,046 | -71.5% |
| Stocks | 30/36 | €18,241 | €5,195 | -€13,046 | -71.5% |
| Amounts receivable within one year | 40/41 | €32,000 | €3,793 | -€28,207 | -88.1% |
| Trade receivables | 40 | €32,000 | €663 | -€31,337 | -97.9% |
| Other amounts receivable | 41 | - | €3,130 | +€3,130 | |
| Cash at bank and in hand | 54/58 | €8,731 | €11,412 | +€2,681 | +30.7% |
| Deferred charges and accrued income | 490/1 | - | €5,317 | +€5,317 | |
| Total equity and liabilities | 10/49 | €373,599 | €354,085 | -€19,514 | -5.2% |
| Equity | 10/15 | -€37,051 | -€6,092 | +€30,959 | +83.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,651 | -€24,692 | +€30,959 | +55.6% |
| Amounts payable | 17/49 | €410,650 | €360,177 | -€50,473 | -12.3% |
| Amounts payable after more than one year | 17 | €271,803 | €248,664 | -€23,139 | -8.5% |
| Financial debts | 170/4 | €271,803 | €248,664 | -€23,139 | -8.5% |
| Amounts payable within one year | 42/48 | €113,193 | €111,513 | -€1,680 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €22,475 | €22,483 | +€8 | 0.0% |
| Trade debts | 44 | €66 | €16,324 | +€16,258 | +24633.3% |
| Suppliers | 440/4 | €66 | €16,324 | +€16,258 | +24633.3% |
| Taxes, remuneration and social security | 45 | €25,986 | €10,440 | -€15,546 | -59.8% |
| Taxes | 450/3 | €10,658 | - | -€10,658 | |
| Remuneration and social security | 454/9 | €15,328 | €10,440 | -€4,888 | -31.9% |
| Other amounts payable | 47/48 | €64,666 | €62,266 | -€2,400 | -3.7% |
| Accrued charges and deferred income | 492/3 | €25,654 | - | -€25,654 | |
| Non-recurring operating income | 76A | - | €2,139 | +€2,139 | |
| Remuneration, social security and pensions | 62 | €63,764 | €62,876 | -€888 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,876 | €27,950 | -€926 | -3.2% |
| Other operating charges | 640/8 | €9,120 | €5,038 | -€4,082 | -44.8% |
| Gross operating margin | 9900 | €114,441 | €144,679 | +€30,238 | +26.4% |
| Operating profit (loss) | 9901 | €12,681 | €48,815 | +€36,134 | +284.9% |
| Financial charges | 65/66B | €12,888 | €17,234 | +€4,346 | +33.7% |
| Recurring financial charges | 65 | €12,888 | €17,234 | +€4,346 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | -€207 | €31,581 | +€31,788 | |
| Income taxes | 67/77 | - | €622 | +€622 | |
| Profit (loss) for the period | 9904 | -€207 | €30,959 | +€31,166 | |
| Profit (loss) for the period to be appropriated | 9905 | -€207 | €30,959 | +€31,166 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.