Pizzadelinamur: 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.
Pizzadelinamur
Largest movements
- Receivables within one year -€118,369
down €118,369 (-24.7%), from €480,168 to €361,799
of which Trade receivables: -€145,090
- Tangible fixed assets -€16,396
down €16,396 (-14.7%), from €111,172 to €94,776
of which Plant, machinery and equipment: -€15,128
- Cash +€7,892
up €7,892 (+7.5%), from €105,359 to €113,251
mainly Receivables within one year (+€118,369) and Other debts (+€83,640)
- Advances received -€158,891
down €158,891 (-100%), from €158,891 to €0
- Reserves -€83,640
down €83,640 (-20.4%), from €410,640 to €327,000
of which Distributable reserves: -€83,640
- Other debts +€83,640
up €83,640, from €0 to €83,640
- Profit (loss) carried forward +€56,863
up €56,863 (+1,342%), from €4,239 to €61,102
- Trade debts -€16,356
down €16,356 (-32.5%), from €50,303 to €33,947
- Gross operating margin -€52,983
down €52,983 (-9.5%), from €555,826 to €502,843
- Staff costs +€40,663
up €40,663 (+11.6%), from €351,224 to €391,887
- Taxes -€35,052
down €35,052 (-66.9%), from €52,417 to €17,365
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 | €726,572 | €599,040 | -€127,532 | -17.6% |
| Fixed assets | 21/28 | €118,307 | €100,750 | -€17,557 | -14.8% |
| Intangible fixed assets | 21 | €4,066 | €2,904 | -€1,162 | -28.6% |
| Tangible fixed assets | 22/27 | €111,172 | €94,776 | -€16,396 | -14.7% |
| Plant, machinery and equipment | 23 | €96,202 | €81,074 | -€15,128 | -15.7% |
| Furniture and vehicles | 24 | €14,970 | €13,702 | -€1,268 | -8.5% |
| Financial fixed assets | 28 | €3,069 | €3,069 | = | 0.0% |
| Current assets | 29/58 | €608,265 | €498,290 | -€109,975 | -18.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €6,027 | €6,027 | = | 0.0% |
| Stocks | 30/36 | €6,027 | €6,027 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €480,168 | €361,799 | -€118,369 | -24.7% |
| Trade receivables | 40 | €155,385 | €10,296 | -€145,090 | -93.4% |
| Other amounts receivable | 41 | €324,782 | €351,503 | +€26,721 | +8.2% |
| Current investments | 50/53 | €7,783 | €7,927 | +€145 | +1.9% |
| Cash at bank and in hand | 54/58 | €105,359 | €113,251 | +€7,892 | +7.5% |
| Deferred charges and accrued income | 490/1 | €8,929 | €9,286 | +€358 | +4.0% |
| Total equity and liabilities | 10/49 | €726,572 | €599,040 | -€127,532 | -17.6% |
| Equity | 10/15 | €439,878 | €413,102 | -€26,777 | -6.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €410,640 | €327,000 | -€83,640 | -20.4% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €408,140 | €324,500 | -€83,640 | -20.5% |
| Profit (loss) carried forward | 14 | €4,239 | €61,102 | +€56,863 | +1,342% |
| Amounts payable | 17/49 | €286,693 | €185,939 | -€100,755 | -35.1% |
| Amounts payable within one year | 42/48 | €286,693 | €185,939 | -€100,755 | -35.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | €6,744 | +€6,744 | |
| Trade debts | 44 | €50,303 | €33,947 | -€16,356 | -32.5% |
| Suppliers | 440/4 | €50,303 | €33,947 | -€16,356 | -32.5% |
| Advances received on contracts in progress | 46 | €158,891 | €0 | -€158,891 | -100% |
| Taxes, remuneration and social security | 45 | €77,499 | €61,607 | -€15,892 | -20.5% |
| Taxes | 450/3 | €53,106 | €28,945 | -€24,162 | -45.5% |
| Remuneration and social security | 454/9 | €24,393 | €32,662 | +€8,270 | +33.9% |
| Other amounts payable | 47/48 | €0 | €83,640 | +€83,640 | |
| Remuneration, social security and pensions | 62 | €351,224 | €391,887 | +€40,663 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,147 | €22,101 | +€954 | +4.5% |
| Other operating charges | 640/8 | €5,341 | €3,045 | -€2,296 | -43.0% |
| Gross operating margin | 9900 | €555,826 | €502,843 | -€52,983 | -9.5% |
| Operating profit (loss) | 9901 | €178,113 | €85,810 | -€92,302 | -51.8% |
| Financial income | 75/76B | €17 | €0 | -€17 | -100% |
| Recurring financial income | 75 | €17 | €0 | -€17 | -100% |
| Financial charges | 65/66B | €12,306 | €11,583 | -€723 | -5.9% |
| Recurring financial charges | 65 | €12,306 | €11,583 | -€723 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €165,824 | €74,228 | -€91,596 | -55.2% |
| Income taxes | 67/77 | €52,417 | €17,365 | -€35,052 | -66.9% |
| Profit (loss) for the period | 9904 | €113,407 | €56,863 | -€56,544 | -49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €113,407 | €56,863 | -€56,544 | -49.9% |
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 29 October 2026 via checked.be.