PIAZZA PARTNERS: 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.
PIAZZA PARTNERS
Largest movements
- Cash -€4,276
down €4,276 (-2.6%), from €162,771 to €158,496
mainly Net result for the year (-€4,100) and Trade debts (-€575)
- Profit (loss) carried forward -€4,100
down €4,100 (-31.4%), from -€13,069 to -€17,168
- Gross operating margin -€1,893
down €1,893 (-108%), from -€1,749 to -€3,641
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 | €163,170 | €158,496 | -€4,674 | -2.9% |
| Current assets | 29/58 | €163,170 | €158,496 | -€4,674 | -2.9% |
| Amounts receivable within one year | 40/41 | €399 | - | -€399 | |
| Other amounts receivable | 41 | €399 | - | -€399 | |
| Cash at bank and in hand | 54/58 | €162,771 | €158,496 | -€4,276 | -2.6% |
| Total equity and liabilities | 10/49 | €163,170 | €158,496 | -€4,674 | -2.9% |
| Equity | 10/15 | €161,486 | €157,386 | -€4,100 | -2.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €154,554 | €154,554 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €152,554 | €152,554 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,069 | -€17,168 | -€4,100 | -31.4% |
| Amounts payable | 17/49 | €1,684 | €1,109 | -€575 | -34.1% |
| Amounts payable within one year | 42/48 | €1,684 | €1,109 | -€575 | -34.1% |
| Trade debts | 44 | €1,123 | €548 | -€575 | -51.2% |
| Suppliers | 440/4 | €1,123 | €548 | -€575 | -51.2% |
| Other amounts payable | 47/48 | €561 | €561 | = | 0.0% |
| Other operating charges | 640/8 | €402 | €387 | -€15 | -3.6% |
| Gross operating margin | 9900 | -€1,749 | -€3,641 | -€1,893 | -108% |
| Operating profit (loss) | 9901 | -€2,151 | -€4,029 | -€1,878 | -87.3% |
| Financial charges | 65/66B | €64 | €71 | +€7 | +11.2% |
| Recurring financial charges | 65 | €64 | €71 | +€7 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,214 | -€4,100 | -€1,885 | -85.1% |
| Profit (loss) for the period | 9904 | -€2,214 | -€4,100 | -€1,885 | -85.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,214 | -€4,100 | -€1,885 | -85.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.