Italian Bites: 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.
Italian Bites
Largest movements
- Tangible fixed assets -€2,581
down €2,581 (-31.3%), from €8,255 to €5,674
of which Plant, machinery and equipment: -€2,120
- Stocks and contracts +€2,218
up €2,218 (+10.7%), from €20,640 to €22,858
- Receivables within one year +€1,325
up €1,325 (+94.4%), from €1,403 to €2,727
of which Trade receivables: +€1,304
- Cash +€452
up €452 (+6.9%), from €6,547 to €6,999
mainly Trade debts (+€9,729) and Depreciation (+€2,581)
- Trade debts +€9,729
up €9,729, from €0 to €9,729
- Profit (loss) carried forward -€7,812
down €7,812 (-71.1%), from -€10,990 to -€18,803
- Gross operating margin +€1,322
up €1,322 (+28.0%), from -€4,714 to -€3,392
- Other operating charges +€730
up €730 (+77.3%), from €945 to €1,675
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 | €36,846 | €38,566 | +€1,720 | +4.7% |
| Fixed assets | 21/28 | €8,255 | €5,674 | -€2,581 | -31.3% |
| Tangible fixed assets | 22/27 | €8,255 | €5,674 | -€2,581 | -31.3% |
| Plant, machinery and equipment | 23 | €7,380 | €5,261 | -€2,120 | -28.7% |
| Furniture and vehicles | 24 | €875 | €414 | -€462 | -52.7% |
| Current assets | 29/58 | €28,590 | €32,891 | +€4,301 | +15.0% |
| Stocks and contracts in progress | 3 | €20,640 | €22,858 | +€2,218 | +10.7% |
| Stocks | 30/36 | €20,640 | €22,858 | +€2,218 | +10.7% |
| Amounts receivable within one year | 40/41 | €1,403 | €2,727 | +€1,325 | +94.4% |
| Trade receivables | 40 | €1,403 | €2,707 | +€1,304 | +93.0% |
| Other amounts receivable | 41 | - | €21 | +€21 | |
| Cash at bank and in hand | 54/58 | €6,547 | €6,999 | +€452 | +6.9% |
| Deferred charges and accrued income | 490/1 | - | €307 | +€307 | |
| Total equity and liabilities | 10/49 | €36,846 | €38,566 | +€1,720 | +4.7% |
| Equity | 10/15 | €35,614 | €27,801 | -€7,812 | -21.9% |
| Contributions | 10/11 | €46,604 | €46,604 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,990 | -€18,803 | -€7,812 | -71.1% |
| Amounts payable | 17/49 | €1,232 | €10,764 | +€9,532 | +774% |
| Amounts payable within one year | 42/48 | €1,232 | €10,764 | +€9,532 | +774% |
| Trade debts | 44 | €0 | €9,729 | +€9,729 | |
| Suppliers | 440/4 | €0 | €9,729 | +€9,729 | |
| Taxes, remuneration and social security | 45 | €868 | €672 | -€196 | -22.6% |
| Taxes | 450/3 | €868 | €672 | -€196 | -22.6% |
| Other amounts payable | 47/48 | €363 | €364 | +€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,581 | €2,581 | = | 0.0% |
| Other operating charges | 640/8 | €945 | €1,675 | +€730 | +77.3% |
| Gross operating margin | 9900 | -€4,714 | -€3,392 | +€1,322 | +28.0% |
| Operating profit (loss) | 9901 | -€8,240 | -€7,648 | +€592 | +7.2% |
| Financial charges | 65/66B | €149 | €164 | +€15 | +9.8% |
| Recurring financial charges | 65 | €149 | €164 | +€15 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,390 | -€7,812 | +€577 | +6.9% |
| Profit (loss) for the period | 9904 | -€8,390 | -€7,812 | +€577 | +6.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,390 | -€7,812 | +€577 | +6.9% |
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 31 October 2026 via checked.be.