Pizza Vali: 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 Vali
Largest movements
- Stocks and contracts -€6,215
down €6,215 (-80.5%), from €7,726 to €1,510
- Receivables within one year +€5,940
up €5,940 (+61.6%), from €9,640 to €15,580
- Tangible fixed assets -€5,604
down €5,604 (-22.8%), from €24,604 to €19,000
of which Furniture and vehicles: -€6,787
- Cash -€4,283
down €4,283 (-42.7%), from €10,021 to €5,738
mainly Other debts (-€36,652) and Receivables within one year (-€5,940)
- Deferred charges and accrued income -€1,187
no longer reported in 2025 (was €1,187)
- Other debts -€36,652
no longer reported in 2025 (was €36,652)
- Profit (loss) carried forward +€13,594
up €13,594 (+50.7%), from -€26,839 to -€13,245
- Trade debts +€7,826
up €7,826 (+71.1%), from €11,001 to €18,828
- Tax, wage and social debts +€3,902
up €3,902 (+29.7%), from €13,133 to €17,035
of which Taxes: +€13,169
- Taxes +€10,579
up €10,579 (+326%), from €3,248 to €13,827
- Gross operating margin +€7,901
up €7,901 (+19.1%), from €41,396 to €49,297
- Other operating charges -€4,267
down €4,267 (-36.1%), from €11,837 to €7,570
- Depreciation +€1,487
up €1,487 (+23.7%), from €6,272 to €7,759
- Financial charges -€1,393
down €1,393 (-34.7%), from €4,013 to €2,620
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 | €53,428 | €42,078 | -€11,350 | -21.2% |
| Fixed assets | 21/28 | €24,854 | €19,250 | -€5,604 | -22.5% |
| Tangible fixed assets | 22/27 | €24,604 | €19,000 | -€5,604 | -22.8% |
| Land and buildings | 22 | €2,757 | €2,257 | -€500 | -18.1% |
| Plant, machinery and equipment | 23 | €1,363 | €3,046 | +€1,683 | +123% |
| Furniture and vehicles | 24 | €20,484 | €13,697 | -€6,787 | -33.1% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €28,574 | €22,828 | -€5,746 | -20.1% |
| Stocks and contracts in progress | 3 | €7,726 | €1,510 | -€6,215 | -80.5% |
| Stocks | 30/36 | €7,726 | €1,510 | -€6,215 | -80.5% |
| Amounts receivable within one year | 40/41 | €9,640 | €15,580 | +€5,940 | +61.6% |
| Other amounts receivable | 41 | €9,640 | €15,580 | +€5,940 | +61.6% |
| Cash at bank and in hand | 54/58 | €10,021 | €5,738 | -€4,283 | -42.7% |
| Deferred charges and accrued income | 490/1 | €1,187 | - | -€1,187 | |
| Total equity and liabilities | 10/49 | €53,428 | €42,078 | -€11,350 | -21.2% |
| Equity | 10/15 | -€8,239 | €5,355 | +€13,594 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,839 | -€13,245 | +€13,594 | +50.7% |
| Amounts payable | 17/49 | €61,667 | €36,723 | -€24,944 | -40.4% |
| Amounts payable within one year | 42/48 | €60,785 | €35,863 | -€24,923 | -41.0% |
| Trade debts | 44 | €11,001 | €18,828 | +€7,826 | +71.1% |
| Suppliers | 440/4 | €11,001 | €18,828 | +€7,826 | +71.1% |
| Taxes, remuneration and social security | 45 | €13,133 | €17,035 | +€3,902 | +29.7% |
| Taxes | 450/3 | €3,866 | €17,035 | +€13,169 | +341% |
| Remuneration and social security | 454/9 | €9,267 | - | -€9,267 | |
| Other amounts payable | 47/48 | €36,652 | - | -€36,652 | |
| Accrued charges and deferred income | 492/3 | €881 | €860 | -€21 | -2.4% |
| Remuneration, social security and pensions | 62 | €2,717 | €3,929 | +€1,212 | +44.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,272 | €7,759 | +€1,487 | +23.7% |
| Other operating charges | 640/8 | €11,837 | €7,570 | -€4,267 | -36.1% |
| Gross operating margin | 9900 | €41,396 | €49,297 | +€7,901 | +19.1% |
| Operating profit (loss) | 9901 | €20,570 | €30,040 | +€9,470 | +46.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €4,013 | €2,620 | -€1,393 | -34.7% |
| Recurring financial charges | 65 | €4,013 | €2,620 | -€1,393 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | €16,557 | €27,421 | +€10,864 | +65.6% |
| Income taxes | 67/77 | €3,248 | €13,827 | +€10,579 | +326% |
| Profit (loss) for the period | 9904 | €13,309 | €13,594 | +€285 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,309 | €13,594 | +€285 | +2.1% |
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 27 October 2026 via checked.be.