PIZZERIA PALERMO: 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.
PIZZERIA PALERMO
Largest movements
- Tangible fixed assets +€109,844
up €109,844 (+159%), from €68,958 to €178,802
of which Assets under construction and advance payments: +€115,795
- Receivables within one year +€70,454
up €70,454 (+163%), from €43,167 to €113,622
- Cash -€9,080
down €9,080 (-64.2%), from €14,134 to €5,054
mainly Investment in fixed assets (net) (-€118,648) and Receivables within one year (-€70,454)
- Debts after one year +€107,527
up €107,527 (+248%), from €43,414 to €150,941
- Trade debts +€90,477
up €90,477 (+250%), from €36,225 to €126,702
- Profit (loss) carried forward -€22,610
down €22,610, from €433 to -€22,177
- Advances received -€8,154
down €8,154 (-93.8%), from €8,694 to €540
- Current portion of long-term debt +€3,920
up €3,920 (+90.4%), from €4,336 to €8,257
- Gross operating margin -€10,578
down €10,578 (-29.8%), from €35,548 to €24,970
- Depreciation -€9,343
down €9,343 (-46.3%), from €20,199 to €10,856
- Financial charges +€6,222
up €6,222 (+158%), from €3,943 to €10,165
- Staff costs +€2,823
up €2,823 (+11.8%), from €24,012 to €26,835
- Financial income -€1,064
down €1,064 (-28.1%), from €3,785 to €2,721
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 | €134,010 | €303,276 | +€169,266 | +126% |
| Fixed assets | 21/28 | €74,428 | €182,220 | +€107,793 | +145% |
| Intangible fixed assets | 21 | €5,470 | €3,419 | -€2,051 | -37.5% |
| Tangible fixed assets | 22/27 | €68,958 | €178,802 | +€109,844 | +159% |
| Land and buildings | 22 | €48,402 | €46,702 | -€1,700 | -3.5% |
| Plant, machinery and equipment | 23 | €5,274 | €1,836 | -€3,438 | -65.2% |
| Furniture and vehicles | 24 | €15,282 | €12,834 | -€2,448 | -16.0% |
| Other tangible fixed assets | 26 | - | €1,635 | +€1,635 | |
| Assets under construction and advance payments | 27 | - | €115,795 | +€115,795 | |
| Current assets | 29/58 | €59,582 | €121,056 | +€61,473 | +103% |
| Stocks and contracts in progress | 3 | €2,268 | €2,341 | +€73 | +3.2% |
| Stocks | 30/36 | €2,268 | €2,341 | +€73 | +3.2% |
| Amounts receivable within one year | 40/41 | €43,167 | €113,622 | +€70,454 | +163% |
| Trade receivables | 40 | €43,167 | €113,622 | +€70,454 | +163% |
| Cash at bank and in hand | 54/58 | €14,134 | €5,054 | -€9,080 | -64.2% |
| Deferred charges and accrued income | 490/1 | €13 | €39 | +€26 | +195% |
| Total equity and liabilities | 10/49 | €134,010 | €303,276 | +€169,266 | +126% |
| Equity | 10/15 | €25,433 | €2,823 | -€22,610 | -88.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €433 | -€22,177 | -€22,610 | |
| Amounts payable | 17/49 | €108,577 | €300,453 | +€191,876 | +177% |
| Amounts payable after more than one year | 17 | €43,414 | €150,941 | +€107,527 | +248% |
| Financial debts | 170/4 | €43,414 | €150,941 | +€107,527 | +248% |
| Amounts payable within one year | 42/48 | €65,163 | €149,512 | +€84,348 | +129% |
| Current portion of amounts payable after more than one year | 42 | €4,336 | €8,257 | +€3,920 | +90.4% |
| Trade debts | 44 | €36,225 | €126,702 | +€90,477 | +250% |
| Suppliers | 440/4 | €36,225 | €126,702 | +€90,477 | +250% |
| Advances received on contracts in progress | 46 | €8,694 | €540 | -€8,154 | -93.8% |
| Taxes, remuneration and social security | 45 | €9,519 | €6,584 | -€2,935 | -30.8% |
| Taxes | 450/3 | €6,522 | €1,492 | -€5,030 | -77.1% |
| Remuneration and social security | 454/9 | €2,997 | €5,092 | +€2,095 | +69.9% |
| Other amounts payable | 47/48 | €6,390 | €7,429 | +€1,039 | +16.3% |
| Remuneration, social security and pensions | 62 | €24,012 | €26,835 | +€2,823 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,199 | €10,856 | -€9,343 | -46.3% |
| Other operating charges | 640/8 | €1,553 | €2,413 | +€860 | +55.3% |
| Gross operating margin | 9900 | €35,548 | €24,970 | -€10,578 | -29.8% |
| Operating profit (loss) | 9901 | -€10,216 | -€15,134 | -€4,918 | -48.1% |
| Financial income | 75/76B | €3,785 | €2,721 | -€1,064 | -28.1% |
| Recurring financial income | 75 | €3,785 | €2,721 | -€1,064 | -28.1% |
| Financial charges | 65/66B | €3,943 | €10,165 | +€6,222 | +158% |
| Recurring financial charges | 65 | €3,943 | €10,165 | +€6,222 | +158% |
| Profit (loss) for the period before taxes | 9903 | -€10,375 | -€22,578 | -€12,203 | -118% |
| Income taxes | 67/77 | -€5 | €32 | +€37 | |
| Profit (loss) for the period | 9904 | -€10,370 | -€22,610 | -€12,240 | -118% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,370 | -€22,610 | -€12,240 | -118% |
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 23 October 2026 via checked.be.