PIAZZA FIORI: what changed
What changed
PIAZZA FIORI
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
filed annual accounts (NBB)
Net result for the year
€559
2024 · €44,957-€44,398
Equity
€587,361
2024 · €586,802+€559
Cash
€22,806
2024 · €29,431-€6,625
Balance sheet total
€1.2m
2024 · €920,827+€267,574
Largest movements
Assets
- Tangible fixed assets +€276,344
up €276,344 (+37.3%), from €740,391 to €1.0m
of which Land and buildings: +€287,164
- Receivables within one year +€16,129
up €16,129 (+136%), from €11,890 to €28,019
of which Trade receivables: +€12,907
- Current investments -€15,236
down €15,236 (-18.0%), from €84,853 to €69,617
Equity and liabilities
- Debts after one year +€227,652
up €227,652 (+90.3%), from €252,154 to €479,806
- Other debts +€41,308
up €41,308 (+2,048%), from €2,017 to €43,325
- Trade debts -€15,777
down €15,777 (-50.4%), from €31,302 to €15,525
Income statement
- Depreciation +€51,006
up €51,006 (+162%), from €31,511 to €82,517
- Taxes -€17,688
down €17,688 (-93.8%), from €18,857 to €1,169
- Financial charges +€8,031
up €8,031 (+88.0%), from €9,127 to €17,159
- Gross operating margin +€7,709
up €7,709 (+5.9%), from €130,313 to €138,022
- Staff costs +€7,121
up €7,121 (+25.0%), from €28,467 to €35,588
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€44,957
Gross operating margin
+€7,709
Staff costs
-€7,121
Depreciation
-€51,006
Other operating charges
+€204
Other operating items
-€497
Financial income
-€3,344
Financial charges
-€8,031
Taxes
+€17,688
Result 2025
€559
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€105,215
Investment
-€343,902
Financing
+€232,061
Cash 2024
€29,431
From operations (derived)
+€105,215
Net result for the year
+€559
Depreciation
+€82,517
Stocks and contracts
-€4,126
Receivables within one year
-€16,129
Deferred charges and accrued income
+€7,442
Trade debts
-€15,777
Tax, wage and social debts
+€697
Other debts
+€41,308
Accrued charges and deferred income
+€8,725
Investment (derived)
-€343,902
Investment in fixed assets (net)
-€359,138
Current investments
+€15,236
Financing
+€232,061
Debts after one year
+€227,652
Current portion of long-term debt
+€10,488
Short-term financial debts
-€6,079
Cash 2025
€22,806
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €920,827 | €1,188,401 | +€267,574 | +29.1% |
| Fixed assets | 21/28 | €744,293 | €1,020,914 | +€276,621 | +37.2% |
| Intangible fixed assets | 21 | €3,402 | €3,678 | +€277 | +8.1% |
| Tangible fixed assets | 22/27 | €740,391 | €1,016,736 | +€276,344 | +37.3% |
| Land and buildings | 22 | €714,082 | €1,001,246 | +€287,164 | +40.2% |
| Plant, machinery and equipment | 23 | €12,845 | €7,318 | -€5,526 | -43.0% |
| Furniture and vehicles | 24 | €3,889 | €5,090 | +€1,201 | +30.9% |
| Leasing and similar rights | 25 | €7,926 | €1,431 | -€6,494 | -81.9% |
| Other tangible fixed assets | 26 | €1,650 | €1,650 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €176,534 | €167,486 | -€9,048 | -5.1% |
| Stocks and contracts in progress | 3 | €21,269 | €25,395 | +€4,126 | +19.4% |
| Stocks | 30/36 | €21,269 | €25,395 | +€4,126 | +19.4% |
| Amounts receivable within one year | 40/41 | €11,890 | €28,019 | +€16,129 | +136% |
| Trade receivables | 40 | €10,744 | €23,651 | +€12,907 | +120% |
| Other amounts receivable | 41 | €1,146 | €4,368 | +€3,223 | +281% |
| Current investments | 50/53 | €84,853 | €69,617 | -€15,236 | -18.0% |
| Cash at bank and in hand | 54/58 | €29,431 | €22,806 | -€6,625 | -22.5% |
| Deferred charges and accrued income | 490/1 | €29,092 | €21,650 | -€7,442 | -25.6% |
| Total equity and liabilities | 10/49 | €920,827 | €1,188,401 | +€267,574 | +29.1% |
| Equity | 10/15 | €586,802 | €587,361 | +€559 | +0.1% |
| Contributions | 10/11 | €39,663 | €39,663 | = | 0.0% |
| Revaluation surpluses | 12 | €382,496 | €382,496 | = | 0.0% |
| Reserves | 13 | €164,643 | €165,202 | +€559 | +0.3% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €154,643 | €155,202 | +€559 | +0.4% |
| Amounts payable | 17/49 | €334,025 | €601,040 | +€267,015 | +79.9% |
| Amounts payable after more than one year | 17 | €252,154 | €479,806 | +€227,652 | +90.3% |
| Financial debts | 170/4 | €252,154 | €479,806 | +€227,652 | +90.3% |
| Amounts payable within one year | 42/48 | €81,872 | €112,509 | +€30,638 | +37.4% |
| Current portion of amounts payable after more than one year | 42 | €31,531 | €42,019 | +€10,488 | +33.3% |
| Financial debts | 43 | €9,012 | €2,934 | -€6,079 | -67.4% |
| Credit institutions | 430/8 | €9,012 | €2,934 | -€6,079 | -67.4% |
| Trade debts | 44 | €31,302 | €15,525 | -€15,777 | -50.4% |
| Suppliers | 440/4 | €31,302 | €15,525 | -€15,777 | -50.4% |
| Taxes, remuneration and social security | 45 | €8,010 | €8,707 | +€697 | +8.7% |
| Taxes | 450/3 | €3,322 | €1,842 | -€1,480 | -44.6% |
| Remuneration and social security | 454/9 | €4,688 | €6,865 | +€2,178 | +46.5% |
| Other amounts payable | 47/48 | €2,017 | €43,325 | +€41,308 | +2,048% |
| Accrued charges and deferred income | 492/3 | - | €8,725 | +€8,725 | |
| Non-recurring operating income | 76A | - | €17,054 | +€17,054 | |
| Remuneration, social security and pensions | 62 | €28,467 | €35,588 | +€7,121 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,511 | €82,517 | +€51,006 | +162% |
| Other operating charges | 640/8 | €2,727 | €2,523 | -€204 | -7.5% |
| Non-recurring operating charges | 66A | - | €497 | +€497 | |
| Gross operating margin | 9900 | €130,313 | €138,022 | +€7,709 | +5.9% |
| Operating profit (loss) | 9901 | €67,609 | €16,897 | -€50,711 | -75.0% |
| Financial income | 75/76B | €5,333 | €1,989 | -€3,344 | -62.7% |
| Recurring financial income | 75 | €5,333 | €1,989 | -€3,344 | -62.7% |
| Financial charges | 65/66B | €9,127 | €17,159 | +€8,031 | +88.0% |
| Recurring financial charges | 65 | €9,127 | €17,159 | +€8,031 | +88.0% |
| Profit (loss) for the period before taxes | 9903 | €63,814 | €1,728 | -€62,087 | -97.3% |
| Income taxes | 67/77 | €18,857 | €1,169 | -€17,688 | -93.8% |
| Profit (loss) for the period | 9904 | €44,957 | €559 | -€44,398 | -98.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,957 | €559 | -€44,398 | -98.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.