H PIZZA: 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.
H PIZZA
Largest movements
- Receivables within one year +€19,983
up €19,983 (+646%), from €3,094 to €23,078
of which Other amounts receivable: +€10,177
- Cash +€7,189
up €7,189 (+97.1%), from €7,402 to €14,592
mainly Net result for the year (+€24,403) and Tax, wage and social debts (+€1,663)
- Tangible fixed assets -€1,172
down €1,172 (-55.1%), from €2,126 to €954
- Stocks and contracts -€757
down €757 (-33.2%), from €2,277 to €1,520
- Profit (loss) carried forward +€23,570
up €23,570, from -€19,839 to €3,731
- Other debts -€2,076
down €2,076 (-74.6%), from €2,784 to €708
- Tax, wage and social debts +€1,663
up €1,663 (+11.2%), from €14,794 to €16,457
of which Taxes: +€4,968
- Trade debts +€1,524
up €1,524 (+11.0%), from €13,803 to €15,327
- Gross operating margin +€21,980
up €21,980 (+28.6%), from €76,913 to €98,893
- Staff costs +€5,986
up €5,986 (+9.9%), from €60,700 to €66,686
- Taxes +€4,060
new in 2025: €4,060
- Other operating charges +€1,657
up €1,657 (+175%), from €945 to €2,603
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 | €15,394 | €40,380 | +€24,985 | +162% |
| Fixed assets | 21/28 | €2,126 | €954 | -€1,172 | -55.1% |
| Tangible fixed assets | 22/27 | €2,126 | €954 | -€1,172 | -55.1% |
| Furniture and vehicles | 24 | €2,126 | €954 | -€1,172 | -55.1% |
| Current assets | 29/58 | €13,268 | €39,426 | +€26,158 | +197% |
| Stocks and contracts in progress | 3 | €2,277 | €1,520 | -€757 | -33.2% |
| Stocks | 30/36 | €2,277 | €1,520 | -€757 | -33.2% |
| Amounts receivable within one year | 40/41 | €3,094 | €23,078 | +€19,983 | +646% |
| Trade receivables | 40 | €946 | €10,752 | +€9,806 | +1,037% |
| Other amounts receivable | 41 | €2,149 | €12,326 | +€10,177 | +474% |
| Cash at bank and in hand | 54/58 | €7,402 | €14,592 | +€7,189 | +97.1% |
| Deferred charges and accrued income | 490/1 | €495 | €237 | -€258 | -52.1% |
| Total equity and liabilities | 10/49 | €15,394 | €40,380 | +€24,985 | +162% |
| Equity | 10/15 | -€17,339 | €6,231 | +€23,570 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,839 | €3,731 | +€23,570 | |
| Amounts payable | 17/49 | €32,733 | €34,149 | +€1,416 | +4.3% |
| Amounts payable within one year | 42/48 | €31,381 | €32,492 | +€1,111 | +3.5% |
| Trade debts | 44 | €13,803 | €15,327 | +€1,524 | +11.0% |
| Suppliers | 440/4 | €13,803 | €15,327 | +€1,524 | +11.0% |
| Taxes, remuneration and social security | 45 | €14,794 | €16,457 | +€1,663 | +11.2% |
| Taxes | 450/3 | €32 | €5,001 | +€4,968 | +15,292% |
| Remuneration and social security | 454/9 | €14,762 | €11,456 | -€3,306 | -22.4% |
| Other amounts payable | 47/48 | €2,784 | €708 | -€2,076 | -74.6% |
| Accrued charges and deferred income | 492/3 | €1,352 | €1,656 | +€305 | +22.6% |
| Remuneration, social security and pensions | 62 | €60,700 | €66,686 | +€5,986 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,139 | €1,172 | +€34 | +3.0% |
| Other operating charges | 640/8 | €945 | €2,603 | +€1,657 | +175% |
| Gross operating margin | 9900 | €76,913 | €98,893 | +€21,980 | +28.6% |
| Operating profit (loss) | 9901 | €14,129 | €28,432 | +€14,303 | +101% |
| Financial income | 75/76B | - | €247 | +€247 | |
| Recurring financial income | 75 | - | €247 | +€247 | |
| Financial charges | 65/66B | €1,094 | €217 | -€877 | -80.2% |
| Recurring financial charges | 65 | €1,094 | €217 | -€877 | -80.2% |
| Profit (loss) for the period before taxes | 9903 | €13,035 | €28,462 | +€15,428 | +118% |
| Income taxes | 67/77 | - | €4,060 | +€4,060 | |
| Profit (loss) for the period | 9904 | €13,035 | €24,403 | +€11,368 | +87.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,035 | €24,403 | +€11,368 | +87.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.