PIZZA GRANO: 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.
PIZZA GRANO
Largest movements
- Receivables within one year +€9,559
up €9,559 (+52.7%), from €18,151 to €27,710
of which Trade receivables: +€11,195
- Financial fixed assets -€4,545
down €4,545 (-100%), from €4,545 to €0
- Tangible fixed assets -€2,743
down €2,743 (-23.4%), from €11,721 to €8,979
- Cash -€2,298
down €2,298 (-32.1%), from €7,163 to €4,864
mainly Trade debts (-€9,663) and Receivables within one year (-€9,559)
- Stocks and contracts +€1,358
up €1,358 (+25.0%), from €5,438 to €6,796
- Reserves +€9,700
new in 2024: €9,700
- Trade debts -€9,663
down €9,663 (-59.0%), from €16,385 to €6,723
- Other debts +€1,559
up €1,559 (+43.7%), from €3,566 to €5,125
- Staff costs -€46,572
down €46,572 (-50.3%), from €92,581 to €46,010
- Gross operating margin -€40,014
down €40,014 (-35.4%), from €112,932 to €72,918
- Other operating charges +€4,440
up €4,440 (+1,253%), from €354 to €4,795
- Taxes +€4,175
up €4,175 (+124%), from €3,354 to €7,529
- Financial charges +€1,134
up €1,134 (+124%), from €916 to €2,050
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,018 | €48,349 | +€1,331 | +2.8% |
| Fixed assets | 21/28 | €16,266 | €8,979 | -€7,287 | -44.8% |
| Tangible fixed assets | 22/27 | €11,721 | €8,979 | -€2,743 | -23.4% |
| Plant, machinery and equipment | 23 | €3,218 | €1,945 | -€1,273 | -39.6% |
| Furniture and vehicles | 24 | €472 | €277 | -€195 | -41.3% |
| Other tangible fixed assets | 26 | €8,031 | €6,757 | -€1,274 | -15.9% |
| Financial fixed assets | 28 | €4,545 | €0 | -€4,545 | -100% |
| Current assets | 29/58 | €30,752 | €39,370 | +€8,618 | +28.0% |
| Stocks and contracts in progress | 3 | €5,438 | €6,796 | +€1,358 | +25.0% |
| Stocks | 30/36 | €5,438 | €6,796 | +€1,358 | +25.0% |
| Amounts receivable within one year | 40/41 | €18,151 | €27,710 | +€9,559 | +52.7% |
| Trade receivables | 40 | €1,935 | €13,130 | +€11,195 | +578% |
| Other amounts receivable | 41 | €16,216 | €14,580 | -€1,636 | -10.1% |
| Cash at bank and in hand | 54/58 | €7,163 | €4,864 | -€2,298 | -32.1% |
| Total equity and liabilities | 10/49 | €47,018 | €48,349 | +€1,331 | +2.8% |
| Equity | 10/15 | €11,790 | €21,582 | +€9,792 | +83.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €9,700 | +€9,700 | |
| Distributable reserves | 133 | - | €9,700 | +€9,700 | |
| Profit (loss) carried forward | 14 | €9,790 | €9,882 | +€92 | +0.9% |
| Amounts payable | 17/49 | €35,228 | €26,767 | -€8,461 | -24.0% |
| Amounts payable after more than one year | 17 | - | €0 | = | |
| Financial debts | 170/4 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €35,228 | €26,767 | -€8,461 | -24.0% |
| Trade debts | 44 | €16,385 | €6,723 | -€9,663 | -59.0% |
| Suppliers | 440/4 | €16,385 | €6,723 | -€9,663 | -59.0% |
| Taxes, remuneration and social security | 45 | €15,276 | €14,919 | -€357 | -2.3% |
| Taxes | 450/3 | €4,195 | €11,724 | +€7,529 | +179% |
| Remuneration and social security | 454/9 | €11,081 | €3,195 | -€7,886 | -71.2% |
| Other amounts payable | 47/48 | €3,566 | €5,125 | +€1,559 | +43.7% |
| Remuneration, social security and pensions | 62 | €92,581 | €46,010 | -€46,572 | -50.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,743 | €2,743 | = | 0.0% |
| Other operating charges | 640/8 | €354 | €4,795 | +€4,440 | +1,253% |
| Gross operating margin | 9900 | €112,932 | €72,918 | -€40,014 | -35.4% |
| Operating profit (loss) | 9901 | €17,254 | €19,371 | +€2,117 | +12.3% |
| Financial income | 75/76B | €189 | €0 | -€189 | -100% |
| Recurring financial income | 75 | €189 | €0 | -€189 | -100% |
| Financial charges | 65/66B | €916 | €2,050 | +€1,134 | +124% |
| Recurring financial charges | 65 | €916 | €2,050 | +€1,134 | +124% |
| Profit (loss) for the period before taxes | 9903 | €16,526 | €17,321 | +€794 | +4.8% |
| Income taxes | 67/77 | €3,354 | €7,529 | +€4,175 | +124% |
| Profit (loss) for the period | 9904 | €13,172 | €9,792 | -€3,380 | -25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,172 | €9,792 | -€3,380 | -25.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.