PIZZA MINUTE: 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 MINUTE
Largest movements
- Cash -€22,429
down €22,429 (-36.8%), from €60,893 to €38,463
mainly Receivables within one year (-€18,573) and Trade debts (-€15,449)
- Receivables within one year +€18,573
up €18,573 (+40.5%), from €45,841 to €64,415
of which Other amounts receivable: +€15,511
- Tangible fixed assets -€11,335
down €11,335 (-38.3%), from €29,629 to €18,293
of which Furniture and vehicles: -€9,801
- Trade debts -€15,449
down €15,449 (-59.9%), from €25,792 to €10,343
- Current portion of long-term debt -€2,713
no longer reported in 2025 (was €2,713)
- Profit (loss) carried forward +€2,625
up €2,625 (+2.9%), from €91,738 to €94,363
- Taxes -€23,153
down €23,153 (-98.6%), from €23,472 to €319
- Gross operating margin -€14,580
down €14,580 (-35.9%), from €40,575 to €25,995
- Financial charges +€8,538
up €8,538 (+3,055%), from €279 to €8,817
- Other operating charges -€1,938
down €1,938 (-74.6%), from €2,598 to €660
- Staff costs +€889
new in 2025: €889
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 | €146,505 | €131,314 | -€15,191 | -10.4% |
| Fixed assets | 21/28 | €29,629 | €18,293 | -€11,335 | -38.3% |
| Tangible fixed assets | 22/27 | €29,629 | €18,293 | -€11,335 | -38.3% |
| Plant, machinery and equipment | 23 | €8,750 | €7,448 | -€1,302 | -14.9% |
| Furniture and vehicles | 24 | €19,864 | €10,063 | -€9,801 | -49.3% |
| Other tangible fixed assets | 26 | €1,014 | €782 | -€232 | -22.9% |
| Current assets | 29/58 | €116,877 | €113,021 | -€3,856 | -3.3% |
| Stocks and contracts in progress | 3 | €10,143 | €10,143 | = | 0.0% |
| Stocks | 30/36 | €10,143 | €10,143 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €45,841 | €64,415 | +€18,573 | +40.5% |
| Trade receivables | 40 | - | €3,063 | +€3,063 | |
| Other amounts receivable | 41 | €45,841 | €61,352 | +€15,511 | +33.8% |
| Cash at bank and in hand | 54/58 | €60,893 | €38,463 | -€22,429 | -36.8% |
| Total equity and liabilities | 10/49 | €146,505 | €131,314 | -€15,191 | -10.4% |
| Equity | 10/15 | €110,338 | €112,963 | +€2,625 | +2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,738 | €94,363 | +€2,625 | +2.9% |
| Amounts payable | 17/49 | €36,168 | €18,351 | -€17,816 | -49.3% |
| Amounts payable within one year | 42/48 | €36,168 | €18,351 | -€17,816 | -49.3% |
| Current portion of amounts payable after more than one year | 42 | €2,713 | - | -€2,713 | |
| Trade debts | 44 | €25,792 | €10,343 | -€15,449 | -59.9% |
| Suppliers | 440/4 | €25,792 | €10,343 | -€15,449 | -59.9% |
| Taxes, remuneration and social security | 45 | €7,663 | €8,008 | +€346 | +4.5% |
| Taxes | 450/3 | €7,500 | €7,760 | +€260 | +3.5% |
| Remuneration and social security | 454/9 | €163 | €249 | +€86 | +52.9% |
| Remuneration, social security and pensions | 62 | - | €889 | +€889 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,221 | €12,685 | +€464 | +3.8% |
| Other operating charges | 640/8 | €2,598 | €660 | -€1,938 | -74.6% |
| Gross operating margin | 9900 | €40,575 | €25,995 | -€14,580 | -35.9% |
| Operating profit (loss) | 9901 | €25,756 | €11,761 | -€13,996 | -54.3% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €279 | €8,817 | +€8,538 | +3,055% |
| Recurring financial charges | 65 | €279 | €8,817 | +€8,538 | +3,055% |
| Profit (loss) for the period before taxes | 9903 | €25,497 | €2,944 | -€22,553 | -88.5% |
| Income taxes | 67/77 | €23,472 | €319 | -€23,153 | -98.6% |
| Profit (loss) for the period | 9904 | €2,025 | €2,625 | +€600 | +29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,025 | €2,625 | +€600 | +29.7% |
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 17 October 2026 via checked.be.