LA VITA E BELLA !: 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 VITA E BELLA !
Largest movements
- Cash -€75,959
down €75,959 (-24.6%), from €308,974 to €233,015
mainly Contributions, distributions and other (-€115,000) and Current portion of long-term debt (-€51,822)
- Tangible fixed assets -€73,162
down €73,162 (-21.2%), from €344,630 to €271,468
of which Other tangible fixed assets: -€56,635
- Receivables within one year +€45,736
up €45,736 (+144%), from €31,701 to €77,437
of which Other amounts receivable: +€41,367
- Other debts +€115,274
up €115,274 (+20,585%), from €560 to €115,834
- Profit (loss) carried forward -€114,266
down €114,266 (-38.1%), from €300,274 to €186,008
- Current portion of long-term debt -€51,822
down €51,822 (-57.8%), from €89,586 to €37,764
- Trade debts -€24,863
down €24,863 (-31.5%), from €78,890 to €54,027
- Debts after one year -€17,067
down €17,067 (-72.8%), from €23,448 to €6,381
- Gross operating margin -€293,038
down €293,038 (-21.2%), from €1.4m to €1.1m
- Staff costs -€154,756
down €154,756 (-13.8%), from €1.1m to €963,842
- Taxes -€30,239
down €30,239 (-78.4%), from €38,555 to €8,316
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 | €807,302 | €699,396 | -€107,906 | -13.4% |
| Fixed assets | 21/28 | €388,893 | €314,400 | -€74,493 | -19.2% |
| Intangible fixed assets | 21 | €7,951 | €6,620 | -€1,331 | -16.7% |
| Tangible fixed assets | 22/27 | €344,630 | €271,468 | -€73,162 | -21.2% |
| Plant, machinery and equipment | 23 | €61,999 | €48,325 | -€13,674 | -22.1% |
| Furniture and vehicles | 24 | €7,484 | €4,631 | -€2,853 | -38.1% |
| Other tangible fixed assets | 26 | €275,147 | €218,512 | -€56,635 | -20.6% |
| Financial fixed assets | 28 | €36,312 | €36,312 | = | 0.0% |
| Current assets | 29/58 | €418,409 | €384,996 | -€33,413 | -8.0% |
| Stocks and contracts in progress | 3 | €13,191 | €13,317 | +€126 | +1.0% |
| Stocks | 30/36 | €13,191 | €13,317 | +€126 | +1.0% |
| Amounts receivable within one year | 40/41 | €31,701 | €77,437 | +€45,736 | +144% |
| Trade receivables | 40 | €40 | €4,409 | +€4,369 | +10,923% |
| Other amounts receivable | 41 | €31,661 | €73,028 | +€41,367 | +131% |
| Cash at bank and in hand | 54/58 | €308,974 | €233,015 | -€75,959 | -24.6% |
| Deferred charges and accrued income | 490/1 | €64,543 | €61,227 | -€3,316 | -5.1% |
| Total equity and liabilities | 10/49 | €807,302 | €699,396 | -€107,906 | -13.4% |
| Equity | 10/15 | €438,642 | €324,376 | -€114,266 | -26.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €119,768 | €119,768 | = | 0.0% |
| Distributable reserves | 133 | €119,768 | €119,768 | = | 0.0% |
| Profit (loss) carried forward | 14 | €300,274 | €186,008 | -€114,266 | -38.1% |
| Amounts payable | 17/49 | €368,660 | €375,020 | +€6,360 | +1.7% |
| Amounts payable after more than one year | 17 | €23,448 | €6,381 | -€17,067 | -72.8% |
| Financial debts | 170/4 | €23,448 | €6,381 | -€17,067 | -72.8% |
| Amounts payable within one year | 42/48 | €328,699 | €356,378 | +€27,679 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €89,586 | €37,764 | -€51,822 | -57.8% |
| Trade debts | 44 | €78,890 | €54,027 | -€24,863 | -31.5% |
| Suppliers | 440/4 | €78,890 | €54,027 | -€24,863 | -31.5% |
| Advances received on contracts in progress | 46 | - | €158 | +€158 | |
| Taxes, remuneration and social security | 45 | €159,663 | €148,595 | -€11,068 | -6.9% |
| Taxes | 450/3 | €26,230 | €21,965 | -€4,265 | -16.3% |
| Remuneration and social security | 454/9 | €133,433 | €126,630 | -€6,803 | -5.1% |
| Other amounts payable | 47/48 | €560 | €115,834 | +€115,274 | +20,585% |
| Accrued charges and deferred income | 492/3 | €16,513 | €12,261 | -€4,252 | -25.7% |
| Remuneration, social security and pensions | 62 | €1,118,598 | €963,842 | -€154,756 | -13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,478 | €89,130 | -€9,348 | -9.5% |
| Other operating charges | 640/8 | €2,861 | €3,033 | +€172 | +6.0% |
| Gross operating margin | 9900 | €1,383,685 | €1,090,647 | -€293,038 | -21.2% |
| Operating profit (loss) | 9901 | €163,748 | €34,642 | -€129,106 | -78.8% |
| Financial income | 75/76B | €79 | €18 | -€61 | -77.2% |
| Recurring financial income | 75 | €79 | €18 | -€61 | -77.2% |
| Financial charges | 65/66B | €29,261 | €25,610 | -€3,651 | -12.5% |
| Recurring financial charges | 65 | €29,261 | €25,610 | -€3,651 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €134,566 | €9,050 | -€125,516 | -93.3% |
| Income taxes | 67/77 | €38,555 | €8,316 | -€30,239 | -78.4% |
| Profit (loss) for the period | 9904 | €96,011 | €734 | -€95,277 | -99.2% |
| Profit (loss) for the period to be appropriated | 9905 | €96,011 | €734 | -€95,277 | -99.2% |
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 22 October 2026 via checked.be.