PIZZELLIA: 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.
PIZZELLIA
Largest movements
- Tangible fixed assets -€31,094
down €31,094 (-13.0%), from €239,362 to €208,268
of which Furniture and vehicles: -€27,859
- Receivables within one year +€19,092
up €19,092 (+1,571%), from €1,215 to €20,307
- Cash -€15,408
down €15,408 (-44.8%), from €34,430 to €19,022
mainly Debts after one year (-€29,732) and Other debts (-€28,392)
- Profit (loss) carried forward +€38,373
up €38,373 (+78.1%), from -€49,158 to -€10,785
- Debts after one year -€29,732
down €29,732 (-14.2%), from €209,778 to €180,046
- Other debts -€28,392
down €28,392 (-62.6%), from €45,370 to €16,978
- Tax, wage and social debts -€14,340
down €14,340 (-65.9%), from €21,767 to €7,427
of which Taxes: -€9,466
- Trade debts +€3,039
up €3,039 (+15.9%), from €19,117 to €22,156
- Taxes -€15,423
down €15,423, from €7,953 to -€7,470
- Staff costs +€11,794
up €11,794 (+9.3%), from €127,363 to €139,157
- Financial charges -€8,279
down €8,279 (-71.9%), from €11,518 to €3,239
- Gross operating margin -€4,481
down €4,481 (-2.1%), from €215,684 to €211,203
- Other operating charges -€2,863
down €2,863 (-73.9%), from €3,874 to €1,011
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 | €301,501 | €270,958 | -€30,543 | -10.1% |
| Fixed assets | 21/28 | €261,681 | €227,696 | -€33,985 | -13.0% |
| Intangible fixed assets | 21 | €22,155 | €19,264 | -€2,891 | -13.0% |
| Tangible fixed assets | 22/27 | €239,362 | €208,268 | -€31,094 | -13.0% |
| Land and buildings | 22 | €159,311 | €154,075 | -€5,236 | -3.3% |
| Plant, machinery and equipment | 23 | - | €2,001 | +€2,001 | |
| Furniture and vehicles | 24 | €80,051 | €52,192 | -€27,859 | -34.8% |
| Financial fixed assets | 28 | €164 | €164 | = | 0.0% |
| Current assets | 29/58 | €39,820 | €43,262 | +€3,442 | +8.6% |
| Stocks and contracts in progress | 3 | €3,973 | €3,722 | -€251 | -6.3% |
| Stocks | 30/36 | €3,973 | €3,722 | -€251 | -6.3% |
| Amounts receivable within one year | 40/41 | €1,215 | €20,307 | +€19,092 | +1,571% |
| Other amounts receivable | 41 | €1,215 | €20,307 | +€19,092 | +1,571% |
| Cash at bank and in hand | 54/58 | €34,430 | €19,022 | -€15,408 | -44.8% |
| Deferred charges and accrued income | 490/1 | €202 | €211 | +€9 | +4.5% |
| Total equity and liabilities | 10/49 | €301,501 | €270,958 | -€30,543 | -10.1% |
| Equity | 10/15 | -€24,158 | €14,215 | +€38,373 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Contributions outside capital | 11 | €25,000 | - | -€25,000 | |
| Share premium | 1100/10 | €24,000 | - | -€24,000 | |
| Other | 1109/19 | €1,000 | - | -€1,000 | |
| Profit (loss) carried forward | 14 | -€49,158 | -€10,785 | +€38,373 | +78.1% |
| Amounts payable | 17/49 | €325,659 | €256,743 | -€68,916 | -21.2% |
| Amounts payable after more than one year | 17 | €209,778 | €180,046 | -€29,732 | -14.2% |
| Financial debts | 170/4 | €209,778 | €180,046 | -€29,732 | -14.2% |
| Amounts payable within one year | 42/48 | €115,477 | €76,293 | -€39,184 | -33.9% |
| Current portion of amounts payable after more than one year | 42 | €29,223 | €29,732 | +€509 | +1.7% |
| Trade debts | 44 | €19,117 | €22,156 | +€3,039 | +15.9% |
| Suppliers | 440/4 | €19,117 | €22,156 | +€3,039 | +15.9% |
| Taxes, remuneration and social security | 45 | €21,767 | €7,427 | -€14,340 | -65.9% |
| Taxes | 450/3 | €12,602 | €3,136 | -€9,466 | -75.1% |
| Remuneration and social security | 454/9 | €9,165 | €4,291 | -€4,874 | -53.2% |
| Other amounts payable | 47/48 | €45,370 | €16,978 | -€28,392 | -62.6% |
| Accrued charges and deferred income | 492/3 | €404 | €404 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €127,363 | €139,157 | +€11,794 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,742 | €36,931 | +€189 | +0.5% |
| Other operating charges | 640/8 | €3,874 | €1,011 | -€2,863 | -73.9% |
| Gross operating margin | 9900 | €215,684 | €211,203 | -€4,481 | -2.1% |
| Operating profit (loss) | 9901 | €47,705 | €34,104 | -€13,601 | -28.5% |
| Financial income | 75/76B | €1 | €38 | +€37 | +3,700% |
| Recurring financial income | 75 | €1 | €38 | +€37 | +3,700% |
| Financial charges | 65/66B | €11,518 | €3,239 | -€8,279 | -71.9% |
| Recurring financial charges | 65 | €11,518 | €3,239 | -€8,279 | -71.9% |
| Profit (loss) for the period before taxes | 9903 | €36,188 | €30,903 | -€5,285 | -14.6% |
| Income taxes | 67/77 | €7,953 | -€7,470 | -€15,423 | |
| Profit (loss) for the period | 9904 | €28,235 | €38,373 | +€10,138 | +35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,235 | €38,373 | +€10,138 | +35.9% |
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 26 October 2026 via checked.be.