PIZZIPATI: 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.
PIZZIPATI
Largest movements
- Cash +€10,967
up €10,967 (+32.2%), from €34,059 to €45,026
mainly Depreciation (+€4,599) and Receivables within one year (+€1,935)
- Tangible fixed assets -€4,599
down €4,599 (-36.1%), from €12,750 to €8,151
- Receivables within one year -€1,935
down €1,935 (-40.4%), from €4,793 to €2,858
of which Other amounts receivable: -€1,199
- Tax, wage and social debts +€1,837
up €1,837 (+198%), from €926 to €2,763
of which Taxes: +€1,257
- Profit (loss) carried forward +€1,575
up €1,575 (+4.4%), from €36,065 to €37,640
- Trade debts +€1,355
up €1,355 (+39.3%), from €3,452 to €4,807
- Purchases and services +€8,447
up €8,447 (+10.5%), from €80,712 to €89,159
- Gross operating margin -€5,298
down €5,298 (-20.2%), from €26,212 to €20,914
- Staff costs +€4,033
up €4,033 (+65.8%), from €6,127 to €10,160
- Turnover +€3,150
up €3,150 (+2.9%), from €106,923 to €110,073
- Taxes -€2,283
no longer reported in 2025 (was €2,283)
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 | €52,852 | €57,619 | +€4,767 | +9.0% |
| Fixed assets | 21/28 | €12,750 | €8,151 | -€4,599 | -36.1% |
| Tangible fixed assets | 22/27 | €12,750 | €8,151 | -€4,599 | -36.1% |
| Furniture and vehicles | 24 | €12,750 | €8,151 | -€4,599 | -36.1% |
| Current assets | 29/58 | €40,102 | €49,468 | +€9,366 | +23.4% |
| Stocks and contracts in progress | 3 | €224 | €558 | +€334 | +149% |
| Stocks | 30/36 | €224 | €558 | +€334 | +149% |
| Amounts receivable within one year | 40/41 | €4,793 | €2,858 | -€1,935 | -40.4% |
| Trade receivables | 40 | €1,509 | €773 | -€736 | -48.8% |
| Other amounts receivable | 41 | €3,284 | €2,085 | -€1,199 | -36.5% |
| Cash at bank and in hand | 54/58 | €34,059 | €45,026 | +€10,967 | +32.2% |
| Deferred charges and accrued income | 490/1 | €1,026 | €1,026 | = | 0.0% |
| Total equity and liabilities | 10/49 | €52,852 | €57,619 | +€4,767 | +9.0% |
| Equity | 10/15 | €48,465 | €50,040 | +€1,575 | +3.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,065 | €37,640 | +€1,575 | +4.4% |
| Amounts payable | 17/49 | €4,387 | €7,579 | +€3,192 | +72.8% |
| Amounts payable within one year | 42/48 | €4,378 | €7,570 | +€3,192 | +72.9% |
| Trade debts | 44 | €3,452 | €4,807 | +€1,355 | +39.3% |
| Suppliers | 440/4 | €3,452 | €4,807 | +€1,355 | +39.3% |
| Taxes, remuneration and social security | 45 | €926 | €2,763 | +€1,837 | +198% |
| Taxes | 450/3 | - | €1,257 | +€1,257 | |
| Remuneration and social security | 454/9 | €926 | €1,506 | +€580 | +62.6% |
| Accrued charges and deferred income | 492/3 | €9 | €9 | = | 0.0% |
| Turnover | 70 | €106,923 | €110,073 | +€3,150 | +2.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €80,712 | €89,159 | +€8,447 | +10.5% |
| Remuneration, social security and pensions | 62 | €6,127 | €10,160 | +€4,033 | +65.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,590 | €4,599 | +€9 | +0.2% |
| Other operating charges | 640/8 | €4,003 | €4,427 | +€424 | +10.6% |
| Gross operating margin | 9900 | €26,212 | €20,914 | -€5,298 | -20.2% |
| Operating profit (loss) | 9901 | €11,492 | €1,728 | -€9,764 | -85.0% |
| Financial charges | 65/66B | €405 | €153 | -€252 | -62.2% |
| Recurring financial charges | 65 | €405 | €153 | -€252 | -62.2% |
| Profit (loss) for the period before taxes | 9903 | €11,087 | €1,575 | -€9,512 | -85.8% |
| Income taxes | 67/77 | €2,283 | - | -€2,283 | |
| Profit (loss) for the period | 9904 | €8,804 | €1,575 | -€7,229 | -82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,804 | €1,575 | -€7,229 | -82.1% |
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 15 October 2026 via checked.be.