Pizza Tower: 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 Tower
Largest movements
- Cash +€80,983
up €80,983 (+182%), from €44,610 to €125,593
mainly Trade debts (+€60,525) and Current portion of long-term debt (+€18,473)
- Tangible fixed assets -€7,251
down €7,251 (-6.0%), from €121,188 to €113,937
of which Land and buildings: -€6,690
- Trade debts +€60,525
up €60,525 (+309%), from €19,581 to €80,106
- Current portion of long-term debt +€18,473
up €18,473 (+158%), from €11,679 to €30,152
- Debts after one year -€15,059
down €15,059 (-11.2%), from €133,987 to €118,929
- Reserves +€14,310
up €14,310 (+285%), from €5,015 to €19,325
of which Distributable reserves: +€14,060
- Tax, wage and social debts -€3,896
down €3,896 (-26.1%), from €14,953 to €11,058
of which Remuneration and social security: -€11,156
- Staff costs -€10,071
down €10,071 (-7.2%), from €139,571 to €129,500
- Gross operating margin +€9,456
up €9,456 (+5.4%), from €174,840 to €184,296
- Financial charges +€8,497
up €8,497 (+76.2%), from €11,149 to €19,646
- Taxes +€6,398
up €6,398, from €0 to €6,398
- Depreciation +€2,784
up €2,784 (+52.9%), from €5,266 to €8,050
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 | €228,381 | €302,735 | +€74,354 | +32.6% |
| Fixed assets | 21/28 | €121,188 | €113,937 | -€7,251 | -6.0% |
| Tangible fixed assets | 22/27 | €121,188 | €113,937 | -€7,251 | -6.0% |
| Land and buildings | 22 | €115,947 | €109,257 | -€6,690 | -5.8% |
| Plant, machinery and equipment | 23 | €5,241 | €4,680 | -€561 | -10.7% |
| Current assets | 29/58 | €107,194 | €188,799 | +€81,605 | +76.1% |
| Amounts receivable within one year | 40/41 | €62,584 | €63,206 | +€622 | +1.0% |
| Trade receivables | 40 | €29,605 | €31,771 | +€2,167 | +7.3% |
| Other amounts receivable | 41 | €32,979 | €31,434 | -€1,545 | -4.7% |
| Cash at bank and in hand | 54/58 | €44,610 | €125,593 | +€80,983 | +182% |
| Total equity and liabilities | 10/49 | €228,381 | €302,735 | +€74,354 | +32.6% |
| Equity | 10/15 | €48,181 | €62,491 | +€14,310 | +29.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,015 | €19,325 | +€14,310 | +285% |
| Non-distributable reserves | 130/1 | €0 | €251 | +€251 | |
| Reserves not available under the articles | 1311 | €0 | €251 | +€251 | |
| Distributable reserves | 133 | €5,015 | €19,075 | +€14,060 | +280% |
| Profit (loss) carried forward | 14 | €24,566 | €24,566 | = | 0.0% |
| Amounts payable | 17/49 | €180,201 | €240,244 | +€60,044 | +33.3% |
| Amounts payable after more than one year | 17 | €133,987 | €118,929 | -€15,059 | -11.2% |
| Financial debts | 170/4 | €133,987 | €118,929 | -€15,059 | -11.2% |
| Amounts payable within one year | 42/48 | €46,213 | €121,316 | +€75,102 | +163% |
| Current portion of amounts payable after more than one year | 42 | €11,679 | €30,152 | +€18,473 | +158% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €19,581 | €80,106 | +€60,525 | +309% |
| Suppliers | 440/4 | €19,581 | €80,106 | +€60,525 | +309% |
| Taxes, remuneration and social security | 45 | €14,953 | €11,058 | -€3,896 | -26.1% |
| Taxes | 450/3 | €2,021 | €9,281 | +€7,261 | +359% |
| Remuneration and social security | 454/9 | €12,933 | €1,777 | -€11,156 | -86.3% |
| Remuneration, social security and pensions | 62 | €139,571 | €129,500 | -€10,071 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,266 | €8,050 | +€2,784 | +52.9% |
| Other operating charges | 640/8 | €5,440 | €6,391 | +€951 | +17.5% |
| Gross operating margin | 9900 | €174,840 | €184,296 | +€9,456 | +5.4% |
| Operating profit (loss) | 9901 | €24,563 | €40,354 | +€15,791 | +64.3% |
| Financial income | 75/76B | €37 | €1 | -€37 | -98.7% |
| Recurring financial income | 75 | €37 | €1 | -€37 | -98.7% |
| Financial charges | 65/66B | €11,149 | €19,646 | +€8,497 | +76.2% |
| Recurring financial charges | 65 | €11,149 | €19,646 | +€8,497 | +76.2% |
| Profit (loss) for the period before taxes | 9903 | €13,451 | €20,708 | +€7,257 | +54.0% |
| Income taxes | 67/77 | €0 | €6,398 | +€6,398 | |
| Profit (loss) for the period | 9904 | €13,451 | €14,310 | +€859 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,451 | €14,310 | +€859 | +6.4% |
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 27 October 2026 via checked.be.