PIZZA VESUVIO: 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 VESUVIO
Largest movements
- Tangible fixed assets +€5,495
up €5,495 (+192%), from €2,864 to €8,358
of which Furniture and vehicles: +€6,978
- Cash -€4,462
down €4,462 (-75.9%), from €5,877 to €1,416
mainly Net result for the year (-€18,315) and Debts after one year (-€12,259)
- Deferred charges and accrued income +€2,232
up €2,232 (+673%), from €332 to €2,564
- Receivables within one year -€454
down €454 (-100%), from €454 to €0
of which Trade receivables: -€300
- Stocks and contracts +€251
up €251 (+5.6%), from €4,471 to €4,722
- Trade debts +€25,247
up €25,247 (+60.4%), from €41,779 to €67,026
- Profit (loss) carried forward -€18,315
down €18,315 (-18.0%), from -€101,846 to -€120,161
- Debts after one year -€12,259
down €12,259 (-100%), from €12,259 to €0
- Other debts +€11,832
up €11,832 (+560%), from €2,112 to €13,944
- Tax, wage and social debts -€3,010
down €3,010 (-23.1%), from €13,018 to €10,009
of which Taxes: -€3,687
- Staff costs +€5,504
up €5,504 (+14.1%), from €38,974 to €44,478
- Gross operating margin +€3,398
up €3,398 (+11.5%), from €29,528 to €32,926
- Financial charges +€2,576
up €2,576 (+193%), from €1,336 to €3,911
- Other operating charges -€878
down €878 (-45.3%), from €1,938 to €1,060
- Depreciation -€823
down €823 (-30.2%), from €2,728 to €1,905
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 | €17,188 | €20,250 | +€3,062 | +17.8% |
| Fixed assets | 21/28 | €6,054 | €11,549 | +€5,495 | +90.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €2,864 | €8,358 | +€5,495 | +192% |
| Plant, machinery and equipment | 23 | €420 | €207 | -€213 | -50.8% |
| Furniture and vehicles | 24 | €0 | €6,978 | +€6,978 | |
| Other tangible fixed assets | 26 | €2,444 | €1,173 | -€1,270 | -52.0% |
| Financial fixed assets | 28 | €3,191 | €3,191 | = | 0.0% |
| Current assets | 29/58 | €11,134 | €8,701 | -€2,432 | -21.8% |
| Stocks and contracts in progress | 3 | €4,471 | €4,722 | +€251 | +5.6% |
| Stocks | 30/36 | €4,471 | €4,722 | +€251 | +5.6% |
| Amounts receivable within one year | 40/41 | €454 | €0 | -€454 | -100% |
| Trade receivables | 40 | €300 | €0 | -€300 | -100% |
| Other amounts receivable | 41 | €154 | €0 | -€154 | -100% |
| Cash at bank and in hand | 54/58 | €5,877 | €1,416 | -€4,462 | -75.9% |
| Deferred charges and accrued income | 490/1 | €332 | €2,564 | +€2,232 | +673% |
| Total equity and liabilities | 10/49 | €17,188 | €20,250 | +€3,062 | +17.8% |
| Equity | 10/15 | -€75,329 | -€93,644 | -€18,315 | -24.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €7,925 | €7,925 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,925 | €7,925 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,846 | -€120,161 | -€18,315 | -18.0% |
| Amounts payable | 17/49 | €92,517 | €113,895 | +€21,378 | +23.1% |
| Amounts payable after more than one year | 17 | €12,259 | €0 | -€12,259 | -100% |
| Financial debts | 170/4 | €12,259 | €0 | -€12,259 | -100% |
| Amounts payable within one year | 42/48 | €80,258 | €113,204 | +€32,946 | +41.0% |
| Current portion of amounts payable after more than one year | 42 | €11,741 | €12,259 | +€517 | +4.4% |
| Financial debts | 43 | €11,607 | €9,966 | -€1,640 | -14.1% |
| Credit institutions | 430/8 | €11,607 | €9,966 | -€1,640 | -14.1% |
| Trade debts | 44 | €41,779 | €67,026 | +€25,247 | +60.4% |
| Suppliers | 440/4 | €41,779 | €67,026 | +€25,247 | +60.4% |
| Taxes, remuneration and social security | 45 | €13,018 | €10,009 | -€3,010 | -23.1% |
| Taxes | 450/3 | €9,816 | €6,129 | -€3,687 | -37.6% |
| Remuneration and social security | 454/9 | €3,202 | €3,880 | +€677 | +21.1% |
| Other amounts payable | 47/48 | €2,112 | €13,944 | +€11,832 | +560% |
| Accrued charges and deferred income | 492/3 | - | €691 | +€691 | |
| Remuneration, social security and pensions | 62 | €38,974 | €44,478 | +€5,504 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,728 | €1,905 | -€823 | -30.2% |
| Other operating charges | 640/8 | €1,938 | €1,060 | -€878 | -45.3% |
| Gross operating margin | 9900 | €29,528 | €32,926 | +€3,398 | +11.5% |
| Operating profit (loss) | 9901 | -€14,111 | -€14,517 | -€406 | -2.9% |
| Financial income | 75/76B | €28 | €113 | +€86 | +307% |
| Recurring financial income | 75 | €28 | €113 | +€86 | +307% |
| Financial charges | 65/66B | €1,336 | €3,911 | +€2,576 | +193% |
| Recurring financial charges | 65 | €1,336 | €3,911 | +€2,576 | +193% |
| Profit (loss) for the period before taxes | 9903 | -€15,420 | -€18,315 | -€2,896 | -18.8% |
| Profit (loss) for the period | 9904 | -€15,420 | -€18,315 | -€2,896 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,420 | -€18,315 | -€2,896 | -18.8% |
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 22 October 2026 via checked.be.