PICCOLO PIAZZA: 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.
PICCOLO PIAZZA
Largest movements
- Receivables within one year -€47,710
down €47,710 (-66.8%), from €71,396 to €23,686
of which Other amounts receivable: -€48,427
- Tangible fixed assets +€27,162
up €27,162 (+131%), from €20,697 to €47,859
of which Plant, machinery and equipment: +€25,998
- Cash -€18,116
down €18,116 (-16.3%), from €111,107 to €92,991
mainly Contributions, distributions and other (-€70,021) and Investment in fixed assets (net) (-€37,637)
- Profit (loss) carried forward -€35,132
down €35,132 (-25.7%), from €136,856 to €101,724
- Other debts +€20,000
up €20,000 (+40.0%), from €50,000 to €70,000
- Trade debts -€17,593
down €17,593 (-36.8%), from €47,797 to €30,205
- Tax, wage and social debts -€11,446
down €11,446 (-13.6%), from €84,230 to €72,783
of which Remuneration and social security: -€9,294
- Debts after one year +€4,525
new in 2025: €4,525
- Gross operating margin +€55,708
up €55,708 (+16.3%), from €341,570 to €397,277
- Staff costs +€54,080
up €54,080 (+19.9%), from €271,857 to €325,937
- Financial income +€5,190
up €5,190 (+508,811%), from €1 to €5,191
- Other operating charges +€5,025
up €5,025 (+80.2%), from €6,268 to €11,293
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.
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 | €337,985 | €298,339 | -€39,646 | -11.7% |
| Fixed assets | 21/28 | €20,697 | €47,859 | +€27,162 | +131% |
| Tangible fixed assets | 22/27 | €20,697 | €47,859 | +€27,162 | +131% |
| Plant, machinery and equipment | 23 | €19,194 | €45,191 | +€25,998 | +135% |
| Furniture and vehicles | 24 | €1,503 | €2,668 | +€1,165 | +77.5% |
| Current assets | 29/58 | €317,288 | €250,480 | -€66,808 | -21.1% |
| Amounts receivable after more than one year | 29 | €120,000 | €120,000 | = | 0.0% |
| Other amounts receivable | 291 | €120,000 | €120,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €14,710 | €13,703 | -€1,007 | -6.8% |
| Stocks | 30/36 | €14,710 | €13,703 | -€1,007 | -6.8% |
| Amounts receivable within one year | 40/41 | €71,396 | €23,686 | -€47,710 | -66.8% |
| Trade receivables | 40 | €6,691 | €7,408 | +€717 | +10.7% |
| Other amounts receivable | 41 | €64,705 | €16,278 | -€48,427 | -74.8% |
| Cash at bank and in hand | 54/58 | €111,107 | €92,991 | -€18,116 | -16.3% |
| Deferred charges and accrued income | 490/1 | €74 | €99 | +€25 | +33.8% |
| Total equity and liabilities | 10/49 | €337,985 | €298,339 | -€39,646 | -11.7% |
| Equity | 10/15 | €155,958 | €120,826 | -€35,132 | -22.5% |
| Contributions | 10/11 | €19,102 | €19,102 | = | 0.0% |
| Profit (loss) carried forward | 14 | €136,856 | €101,724 | -€35,132 | -25.7% |
| Amounts payable | 17/49 | €182,027 | €177,513 | -€4,514 | -2.5% |
| Amounts payable after more than one year | 17 | - | €4,525 | +€4,525 | |
| Financial debts | 170/4 | - | €4,525 | +€4,525 | |
| Amounts payable within one year | 42/48 | €182,027 | €172,988 | -€9,039 | -5.0% |
| Trade debts | 44 | €47,797 | €30,205 | -€17,593 | -36.8% |
| Suppliers | 440/4 | €47,797 | €30,205 | -€17,593 | -36.8% |
| Taxes, remuneration and social security | 45 | €84,230 | €72,783 | -€11,446 | -13.6% |
| Taxes | 450/3 | €35,711 | €33,558 | -€2,152 | -6.0% |
| Remuneration and social security | 454/9 | €48,519 | €39,225 | -€9,294 | -19.2% |
| Other amounts payable | 47/48 | €50,000 | €70,000 | +€20,000 | +40.0% |
| Remuneration, social security and pensions | 62 | €271,857 | €325,937 | +€54,080 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,395 | €10,475 | -€3,920 | -27.2% |
| Other operating charges | 640/8 | €6,268 | €11,293 | +€5,025 | +80.2% |
| Non-recurring operating charges | 66A | €497 | €0 | -€497 | -100% |
| Gross operating margin | 9900 | €341,570 | €397,277 | +€55,708 | +16.3% |
| Operating profit (loss) | 9901 | €48,553 | €49,573 | +€1,020 | +2.1% |
| Financial income | 75/76B | €1 | €5,191 | +€5,190 | +508,811% |
| Recurring financial income | 75 | €1 | €5,191 | +€5,190 | +508,811% |
| Financial charges | 65/66B | €3,811 | €6,416 | +€2,606 | +68.4% |
| Recurring financial charges | 65 | €3,811 | €6,416 | +€2,606 | +68.4% |
| Profit (loss) for the period before taxes | 9903 | €44,744 | €48,348 | +€3,604 | +8.1% |
| Income taxes | 67/77 | €12,841 | €13,459 | +€618 | +4.8% |
| Profit (loss) for the period | 9904 | €31,903 | €34,889 | +€2,986 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,903 | €34,889 | +€2,986 | +9.4% |
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 18 October 2026 via checked.be.