PASTA GIANNI: 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 GIANNI
Largest movements
- Receivables within one year -€48,376
down €48,376 (-43.5%), from €111,102 to €62,726
of which Trade receivables: -€48,378
- Cash +€20,109
up €20,109 (+63.0%), from €31,934 to €52,043
mainly Receivables within one year (+€48,376) and Net result for the year (+€19,457)
- Stocks and contracts -€4,590
down €4,590 (-78.5%), from €5,848 to €1,258
- Deferred charges and accrued income -€4,345
down €4,345 (-52.0%), from €8,354 to €4,009
- Trade debts -€81,442
down €81,442 (-79.2%), from €102,800 to €21,358
- Profit (loss) carried forward +€19,457
up €19,457 (+116%), from €16,796 to €36,254
- Other debts +€18,508
up €18,508 (+207%), from €8,957 to €27,465
- Accrued charges and deferred income +€8,400
new in 2025: €8,400
- Debts after one year -€2,938
down €2,938 (-30.5%), from €9,628 to €6,690
- Staff costs -€16,037
down €16,037 (-22.7%), from €70,714 to €54,677
- Gross operating margin +€10,650
up €10,650 (+11.0%), from €97,009 to €107,659
- Taxes +€7,480
up €7,480 (+234%), from €3,192 to €10,672
- Other operating charges -€6,628
down €6,628 (-35.4%), from €18,704 to €12,076
- Depreciation +€4,349
up €4,349 (+134%), from €3,257 to €7,606
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 | €185,701 | €148,752 | -€36,949 | -19.9% |
| Fixed assets | 21/28 | €28,463 | €28,717 | +€254 | +0.9% |
| Tangible fixed assets | 22/27 | €28,463 | €28,717 | +€254 | +0.9% |
| Plant, machinery and equipment | 23 | €10,528 | €14,518 | +€3,990 | +37.9% |
| Leasing and similar rights | 25 | €17,935 | €14,199 | -€3,736 | -20.8% |
| Current assets | 29/58 | €157,239 | €120,036 | -€37,203 | -23.7% |
| Stocks and contracts in progress | 3 | €5,848 | €1,258 | -€4,590 | -78.5% |
| Stocks | 30/36 | €5,848 | €1,258 | -€4,590 | -78.5% |
| Amounts receivable within one year | 40/41 | €111,102 | €62,726 | -€48,376 | -43.5% |
| Trade receivables | 40 | €109,858 | €61,480 | -€48,378 | -44.0% |
| Other amounts receivable | 41 | €1,244 | €1,247 | +€3 | +0.2% |
| Cash at bank and in hand | 54/58 | €31,934 | €52,043 | +€20,109 | +63.0% |
| Deferred charges and accrued income | 490/1 | €8,354 | €4,009 | -€4,345 | -52.0% |
| Total equity and liabilities | 10/49 | €185,701 | €148,752 | -€36,949 | -19.9% |
| Equity | 10/15 | €29,196 | €48,654 | +€19,457 | +66.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,796 | €36,254 | +€19,457 | +116% |
| Amounts payable | 17/49 | €156,505 | €100,099 | -€56,406 | -36.0% |
| Amounts payable after more than one year | 17 | €9,628 | €6,690 | -€2,938 | -30.5% |
| Financial debts | 170/4 | €9,628 | €6,690 | -€2,938 | -30.5% |
| Amounts payable within one year | 42/48 | €146,877 | €85,009 | -€61,868 | -42.1% |
| Current portion of amounts payable after more than one year | 42 | €4,530 | €2,938 | -€1,591 | -35.1% |
| Trade debts | 44 | €102,800 | €21,358 | -€81,442 | -79.2% |
| Suppliers | 440/4 | €102,800 | €21,358 | -€81,442 | -79.2% |
| Taxes, remuneration and social security | 45 | €30,591 | €33,248 | +€2,657 | +8.7% |
| Taxes | 450/3 | €7,503 | €23,566 | +€16,063 | +214% |
| Remuneration and social security | 454/9 | €23,088 | €9,682 | -€13,406 | -58.1% |
| Other amounts payable | 47/48 | €8,957 | €27,465 | +€18,508 | +207% |
| Accrued charges and deferred income | 492/3 | - | €8,400 | +€8,400 | |
| Remuneration, social security and pensions | 62 | €70,714 | €54,677 | -€16,037 | -22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,257 | €7,606 | +€4,349 | +134% |
| Other operating charges | 640/8 | €18,704 | €12,076 | -€6,628 | -35.4% |
| Gross operating margin | 9900 | €97,009 | €107,659 | +€10,650 | +11.0% |
| Operating profit (loss) | 9901 | €4,335 | €33,300 | +€28,966 | +668% |
| Financial income | 75/76B | €55 | €65 | +€10 | +18.7% |
| Recurring financial income | 75 | €55 | €65 | +€10 | +18.7% |
| Financial charges | 65/66B | €4,092 | €3,236 | -€856 | -20.9% |
| Recurring financial charges | 65 | €4,092 | €3,236 | -€856 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €297 | €30,129 | +€29,832 | +10,033% |
| Income taxes | 67/77 | €3,192 | €10,672 | +€7,480 | +234% |
| Profit (loss) for the period | 9904 | -€2,894 | €19,457 | +€22,352 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,894 | €19,457 | +€22,352 |
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 25 October 2026 via checked.be.