PASTA E 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.
What changed
PASTA E PIZZA
NACE 56.111, Full-service restaurants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€42,251
2024 · €120,352-€78,102
Equity
€570,543
2024 · €598,292-€27,749
Cash
€415,301
2024 · €418,009-€2,709
Balance sheet total
€934,780
2024 · €981,936-€47,156
Largest movements
Assets
- Tangible fixed assets -€69,193
down €69,193 (-13.3%), from €521,799 to €452,607
of which Furniture and vehicles: -€40,968
- Receivables within one year +€29,217
up €29,217 (+420%), from €6,957 to €36,174
of which Other amounts receivable: +€32,196
Equity and liabilities
- Other debts +€40,000
new in 2025: €40,000
- Debts after one year -€36,578
down €36,578 (-17.3%), from €211,240 to €174,662
- Reserves -€27,749
down €27,749 (-4.8%), from €577,840 to €550,091
of which Distributable reserves: -€27,749
- Trade debts -€19,478
down €19,478 (-59.8%), from €32,588 to €13,110
Income statement
- Staff costs +€62,228
up €62,228 (+12.2%), from €508,314 to €570,541
- Taxes -€40,966
down €40,966 (-71.0%), from €57,709 to €16,744
- Gross operating margin -€30,000
down €30,000 (-3.8%), from €779,365 to €749,365
- Depreciation +€25,429
up €25,429 (+33.1%), from €76,864 to €102,293
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.
Result 2024
€120,352
Gross operating margin
-€30,000
Staff costs
-€62,228
Depreciation
-€25,429
Other operating charges
-€1,490
Other operating items
+€3,203
Financial income
-€1,524
Financial charges
-€1,600
Taxes
+€40,966
Result 2025
€42,251
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€135,121
Investment
-€33,101
Financing
-€104,730
Cash 2024
€418,009
From operations (derived)
+€135,121
Net result for the year
+€42,251
Depreciation
+€102,293
Stocks and contracts
-€1,678
Receivables within one year
-€29,217
Deferred charges and accrued income
+€6,149
Trade debts
-€19,478
Tax, wage and social debts
+€1,491
Advances received
-€5,182
Other debts
+€40,000
Accrued charges and deferred income
-€1,508
Investment (derived)
-€33,101
Investment in fixed assets (net)
-€33,101
Financing
-€104,730
Debts after one year
-€36,578
Current portion of long-term debt
+€1,848
Contributions, distributions and other
-€70,000
Cash 2025
€415,301
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €981,936 | €934,780 | -€47,156 | -4.8% |
| Fixed assets | 21/28 | €527,002 | €457,810 | -€69,193 | -13.1% |
| Tangible fixed assets | 22/27 | €521,799 | €452,607 | -€69,193 | -13.3% |
| Plant, machinery and equipment | 23 | €49,305 | €47,582 | -€1,722 | -3.5% |
| Furniture and vehicles | 24 | €180,748 | €139,780 | -€40,968 | -22.7% |
| Other tangible fixed assets | 26 | €291,746 | €265,244 | -€26,502 | -9.1% |
| Financial fixed assets | 28 | €5,203 | €5,203 | = | 0.0% |
| Current assets | 29/58 | €454,933 | €476,970 | +€22,036 | +4.8% |
| Stocks and contracts in progress | 3 | €23,818 | €25,496 | +€1,678 | +7.0% |
| Stocks | 30/36 | €23,818 | €25,496 | +€1,678 | +7.0% |
| Amounts receivable within one year | 40/41 | €6,957 | €36,174 | +€29,217 | +420% |
| Trade receivables | 40 | €2,979 | - | -€2,979 | |
| Other amounts receivable | 41 | €3,978 | €36,174 | +€32,196 | +809% |
| Cash at bank and in hand | 54/58 | €418,009 | €415,301 | -€2,709 | -0.6% |
| Deferred charges and accrued income | 490/1 | €6,149 | - | -€6,149 | |
| Total equity and liabilities | 10/49 | €981,936 | €934,780 | -€47,156 | -4.8% |
| Equity | 10/15 | €598,292 | €570,543 | -€27,749 | -4.6% |
| Contributions | 10/11 | €20,452 | €20,452 | = | 0.0% |
| Contributions outside capital | 11 | €20,452 | - | -€20,452 | |
| Other | 1109/19 | €20,452 | - | -€20,452 | |
| Reserves | 13 | €577,840 | €550,091 | -€27,749 | -4.8% |
| Tax-exempt reserves | 132 | €6,780 | €6,780 | = | 0.0% |
| Distributable reserves | 133 | €571,060 | €543,310 | -€27,749 | -4.9% |
| Amounts payable | 17/49 | €383,644 | €364,237 | -€19,407 | -5.1% |
| Amounts payable after more than one year | 17 | €211,240 | €174,662 | -€36,578 | -17.3% |
| Financial debts | 170/4 | €211,240 | €174,662 | -€36,578 | -17.3% |
| Amounts payable within one year | 42/48 | €170,896 | €189,575 | +€18,679 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €36,238 | €38,086 | +€1,848 | +5.1% |
| Trade debts | 44 | €32,588 | €13,110 | -€19,478 | -59.8% |
| Suppliers | 440/4 | €32,588 | €13,110 | -€19,478 | -59.8% |
| Advances received on contracts in progress | 46 | €5,182 | - | -€5,182 | |
| Taxes, remuneration and social security | 45 | €96,888 | €98,379 | +€1,491 | +1.5% |
| Taxes | 450/3 | €53,133 | €30,703 | -€22,431 | -42.2% |
| Remuneration and social security | 454/9 | €43,755 | €67,676 | +€23,921 | +54.7% |
| Other amounts payable | 47/48 | - | €40,000 | +€40,000 | |
| Accrued charges and deferred income | 492/3 | €1,508 | - | -€1,508 | |
| Non-recurring operating income | 76A | €25,733 | - | -€25,733 | |
| Remuneration, social security and pensions | 62 | €508,314 | €570,541 | +€62,228 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,864 | €102,293 | +€25,429 | +33.1% |
| Other operating charges | 640/8 | €1,672 | €3,162 | +€1,490 | +89.1% |
| Non-recurring operating charges | 66A | €3,203 | - | -€3,203 | |
| Gross operating margin | 9900 | €779,365 | €749,365 | -€30,000 | -3.8% |
| Operating profit (loss) | 9901 | €189,313 | €73,369 | -€115,943 | -61.2% |
| Financial income | 75/76B | €2,323 | €799 | -€1,524 | -65.6% |
| Recurring financial income | 75 | €2,323 | €799 | -€1,524 | -65.6% |
| Financial charges | 65/66B | €13,574 | €15,174 | +€1,600 | +11.8% |
| Recurring financial charges | 65 | €13,511 | €15,174 | +€1,663 | +12.3% |
| Non-recurring financial charges | 66B | €63 | - | -€63 | |
| Profit (loss) for the period before taxes | 9903 | €178,062 | €58,994 | -€119,067 | -66.9% |
| Income taxes | 67/77 | €57,709 | €16,744 | -€40,966 | -71.0% |
| Profit (loss) for the period | 9904 | €120,352 | €42,251 | -€78,102 | -64.9% |
| Profit (loss) for the period to be appropriated | 9905 | €120,352 | €42,251 | -€78,102 | -64.9% |
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 27 October 2026 via checked.be.