LA PIAZZA 10: 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.
LA PIAZZA 10
Largest movements
- Receivables within one year -€25,345
down €25,345 (-93.2%), from €27,186 to €1,841
of which Trade receivables: -€24,960
- Tangible fixed assets +€23,922
up €23,922 (+777%), from €3,077 to €26,999
of which Plant, machinery and equipment: +€24,805
- Cash -€653
down €653 (-29.1%), from €2,249 to €1,595
mainly Investment in fixed assets (net) (-€25,000) and Other debts (-€7,739)
- Other debts -€7,739
down €7,739 (-45.3%), from €17,092 to €9,354
- Profit (loss) carried forward +€4,732
up €4,732 (+60.4%), from €7,832 to €12,565
- Tax, wage and social debts +€1,757
up €1,757 (+24,852%), from €7 to €1,764
of which Taxes: +€1,156
- Trade debts -€838
down €838 (-25.2%), from €3,322 to €2,484
- Gross operating margin -€15,504
down €15,504 (-46.9%), from €33,064 to €17,559
- Taxes -€4,586
down €4,586 (-79.9%), from €5,742 to €1,156
- Staff costs +€2,960
up €2,960 (+44.0%), from €6,729 to €9,689
- Other operating charges -€2,755
down €2,755 (-76.5%), from €3,602 to €847
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 | €38,254 | €36,167 | -€2,087 | -5.5% |
| Fixed assets | 21/28 | €6,089 | €30,011 | +€23,922 | +393% |
| Tangible fixed assets | 22/27 | €3,077 | €26,999 | +€23,922 | +777% |
| Plant, machinery and equipment | 23 | €195 | €25,000 | +€24,805 | +12,692% |
| Furniture and vehicles | 24 | €2,881 | €1,999 | -€882 | -30.6% |
| Financial fixed assets | 28 | €3,012 | €3,012 | = | 0.0% |
| Current assets | 29/58 | €32,165 | €6,156 | -€26,009 | -80.9% |
| Stocks and contracts in progress | 3 | €2,731 | €2,720 | -€11 | -0.4% |
| Stocks | 30/36 | €2,731 | €2,720 | -€11 | -0.4% |
| Amounts receivable within one year | 40/41 | €27,186 | €1,841 | -€25,345 | -93.2% |
| Trade receivables | 40 | €24,960 | - | -€24,960 | |
| Other amounts receivable | 41 | €2,226 | €1,841 | -€385 | -17.3% |
| Cash at bank and in hand | 54/58 | €2,249 | €1,595 | -€653 | -29.1% |
| Total equity and liabilities | 10/49 | €38,254 | €36,167 | -€2,087 | -5.5% |
| Equity | 10/15 | €17,832 | €22,565 | +€4,732 | +26.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,832 | €12,565 | +€4,732 | +60.4% |
| Amounts payable | 17/49 | €20,422 | €13,602 | -€6,819 | -33.4% |
| Amounts payable within one year | 42/48 | €20,422 | €13,602 | -€6,819 | -33.4% |
| Trade debts | 44 | €3,322 | €2,484 | -€838 | -25.2% |
| Suppliers | 440/4 | €3,322 | €2,484 | -€838 | -25.2% |
| Taxes, remuneration and social security | 45 | €7 | €1,764 | +€1,757 | +24,852% |
| Taxes | 450/3 | - | €1,156 | +€1,156 | |
| Remuneration and social security | 454/9 | €7 | €608 | +€601 | +8,501% |
| Other amounts payable | 47/48 | €17,092 | €9,354 | -€7,739 | -45.3% |
| Remuneration, social security and pensions | 62 | €6,729 | €9,689 | +€2,960 | +44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,235 | €1,078 | -€157 | -12.7% |
| Other operating charges | 640/8 | €3,602 | €847 | -€2,755 | -76.5% |
| Gross operating margin | 9900 | €33,064 | €17,559 | -€15,504 | -46.9% |
| Operating profit (loss) | 9901 | €21,498 | €5,945 | -€15,553 | -72.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €54 | €57 | +€3 | +4.7% |
| Recurring financial charges | 65 | €54 | €57 | +€3 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €21,445 | €5,888 | -€15,556 | -72.5% |
| Income taxes | 67/77 | €5,742 | €1,156 | -€4,586 | -79.9% |
| Profit (loss) for the period | 9904 | €15,703 | €4,732 | -€10,971 | -69.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,703 | €4,732 | -€10,971 | -69.9% |
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 23 October 2026 via checked.be.