PASTA & CANELLA: 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.
PASTA & CANELLA
Largest movements
- Tangible fixed assets -€11,101
down €11,101 (-22.6%), from €49,077 to €37,975
of which Plant, machinery and equipment: -€12,459
- Cash -€3,317
down €3,317 (-47.7%), from €6,955 to €3,638
mainly Other debts (-€19,327) and Tax, wage and social debts (-€9,918)
- Other debts -€19,327
down €19,327 (-56.3%), from €34,318 to €14,992
- Current portion of long-term debt +€12,406
up €12,406, from €0 to €12,406
- Tax, wage and social debts -€9,918
down €9,918 (-69.9%), from €14,188 to €4,270
of which Taxes: -€10,081
- Debts after one year +€2,196
up €2,196 (+7.4%), from €29,520 to €31,716
of which Financial debts: +€2,196
- Profit (loss) carried forward +€2,039
up €2,039 (+2.0%), from -€101,355 to -€99,316
- Turnover -€49,554
down €49,554 (-24.9%), from €199,380 to €149,826
- Purchases and services -€32,119
down €32,119 (-18.7%), from €171,650 to €139,531
- Gross operating margin -€17,245
down €17,245 (-44.8%), from €38,530 to €21,285
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,058 | €52,179 | -€14,879 | -22.2% |
| Fixed assets | 21/28 | €49,729 | €38,627 | -€11,101 | -22.3% |
| Tangible fixed assets | 22/27 | €49,077 | €37,975 | -€11,101 | -22.6% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €48,939 | €36,480 | -€12,459 | -25.5% |
| Furniture and vehicles | 24 | €137 | €1,495 | +€1,358 | +989% |
| Financial fixed assets | 28 | €652 | €652 | = | 0.0% |
| Current assets | 29/58 | €17,329 | €13,552 | -€3,777 | -21.8% |
| Stocks and contracts in progress | 3 | €4,291 | €4,066 | -€226 | -5.3% |
| Stocks | 30/36 | €4,291 | €4,066 | -€226 | -5.3% |
| Amounts receivable within one year | 40/41 | €5,597 | €5,849 | +€252 | +4.5% |
| Trade receivables | 40 | €4,304 | €4,493 | +€189 | +4.4% |
| Other amounts receivable | 41 | €1,293 | €1,356 | +€63 | +4.9% |
| Cash at bank and in hand | 54/58 | €6,955 | €3,638 | -€3,317 | -47.7% |
| Deferred charges and accrued income | 490/1 | €487 | €0 | -€487 | -100% |
| Total equity and liabilities | 10/49 | €67,058 | €52,179 | -€14,879 | -22.2% |
| Equity | 10/15 | -€82,755 | -€80,716 | +€2,039 | +2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,355 | -€99,316 | +€2,039 | +2.0% |
| Amounts payable | 17/49 | €149,813 | €132,895 | -€16,918 | -11.3% |
| Amounts payable after more than one year | 17 | €29,520 | €31,716 | +€2,196 | +7.4% |
| Financial debts | 170/4 | - | €2,196 | +€2,196 | |
| Trade debts | 175 | €29,520 | €29,520 | = | 0.0% |
| Amounts payable within one year | 42/48 | €119,377 | €101,179 | -€18,197 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | €12,406 | +€12,406 | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €70,870 | €69,512 | -€1,359 | -1.9% |
| Suppliers | 440/4 | €70,870 | €69,512 | -€1,359 | -1.9% |
| Taxes, remuneration and social security | 45 | €14,188 | €4,270 | -€9,918 | -69.9% |
| Taxes | 450/3 | €14,188 | €4,107 | -€10,081 | -71.1% |
| Remuneration and social security | 454/9 | €0 | €163 | +€163 | |
| Other amounts payable | 47/48 | €34,318 | €14,992 | -€19,327 | -56.3% |
| Accrued charges and deferred income | 492/3 | €917 | €0 | -€917 | -100% |
| Turnover | 70 | €199,380 | €149,826 | -€49,554 | -24.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €171,650 | €139,531 | -€32,119 | -18.7% |
| Remuneration, social security and pensions | 62 | €406 | €1,431 | +€1,026 | +253% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,488 | €13,134 | +€1,646 | +14.3% |
| Other operating charges | 640/8 | €951 | €1,498 | +€547 | +57.6% |
| Non-recurring operating charges | 66A | - | €17 | +€17 | |
| Gross operating margin | 9900 | €38,530 | €21,285 | -€17,245 | -44.8% |
| Operating profit (loss) | 9901 | €25,686 | €5,205 | -€20,481 | -79.7% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €4,715 | €3,167 | -€1,548 | -32.8% |
| Recurring financial charges | 65 | €4,715 | €3,167 | -€1,548 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €20,971 | €2,039 | -€18,932 | -90.3% |
| Profit (loss) for the period | 9904 | €20,971 | €2,039 | -€18,932 | -90.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,971 | €2,039 | -€18,932 | -90.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.