VILLA GIULIA: 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.
VILLA GIULIA
Largest movements
- Tangible fixed assets -€21,653
down €21,653 (-36.4%), from €59,504 to €37,851
of which Plant, machinery and equipment: -€13,759
- Cash -€5,507
down €5,507 (-16.9%), from €32,641 to €27,134
mainly Net result for the year (-€24,216) and Tax, wage and social debts (-€14,507)
- Stocks and contracts +€1,211
up €1,211 (+5.1%), from €23,590 to €24,801
- Profit (loss) carried forward -€24,216
down €24,216 (-26.4%), from -€91,743 to -€115,959
- Tax, wage and social debts -€14,507
down €14,507 (-23.9%), from €60,689 to €46,182
of which Remuneration and social security: -€15,361
- Other debts +€7,351
up €7,351 (+6.5%), from €113,649 to €121,001
- Trade debts +€5,329
up €5,329 (+21.9%), from €24,336 to €29,664
- Gross operating margin +€9,579
up €9,579 (+3.6%), from €262,994 to €272,573
- Staff costs +€4,748
up €4,748 (+1.8%), from €267,868 to €272,616
- Financial charges -€4,285
down €4,285 (-80.3%), from €5,338 to €1,052
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 | €116,931 | €90,889 | -€26,043 | -22.3% |
| Fixed assets | 21/28 | €59,504 | €37,851 | -€21,653 | -36.4% |
| Tangible fixed assets | 22/27 | €59,504 | €37,851 | -€21,653 | -36.4% |
| Plant, machinery and equipment | 23 | €14,914 | €1,155 | -€13,759 | -92.3% |
| Other tangible fixed assets | 26 | €44,590 | €36,695 | -€7,894 | -17.7% |
| Current assets | 29/58 | €57,428 | €53,038 | -€4,390 | -7.6% |
| Stocks and contracts in progress | 3 | €23,590 | €24,801 | +€1,211 | +5.1% |
| Stocks | 30/36 | €23,590 | €24,801 | +€1,211 | +5.1% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €32,641 | €27,134 | -€5,507 | -16.9% |
| Deferred charges and accrued income | 490/1 | €1,197 | €1,103 | -€93 | -7.8% |
| Total equity and liabilities | 10/49 | €116,931 | €90,889 | -€26,043 | -22.3% |
| Equity | 10/15 | -€81,743 | -€105,959 | -€24,216 | -29.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,743 | -€115,959 | -€24,216 | -26.4% |
| Amounts payable | 17/49 | €198,674 | €196,848 | -€1,827 | -0.9% |
| Amounts payable within one year | 42/48 | €198,674 | €196,848 | -€1,827 | -0.9% |
| Trade debts | 44 | €24,336 | €29,664 | +€5,329 | +21.9% |
| Suppliers | 440/4 | €24,336 | €29,664 | +€5,329 | +21.9% |
| Taxes, remuneration and social security | 45 | €60,689 | €46,182 | -€14,507 | -23.9% |
| Taxes | 450/3 | €16,157 | €17,011 | +€854 | +5.3% |
| Remuneration and social security | 454/9 | €44,532 | €29,171 | -€15,361 | -34.5% |
| Other amounts payable | 47/48 | €113,649 | €121,001 | +€7,351 | +6.5% |
| Remuneration, social security and pensions | 62 | €267,868 | €272,616 | +€4,748 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,849 | €21,653 | -€2,197 | -9.2% |
| Other operating charges | 640/8 | €1,403 | €1,467 | +€65 | +4.6% |
| Gross operating margin | 9900 | €262,994 | €272,573 | +€9,579 | +3.6% |
| Operating profit (loss) | 9901 | -€30,127 | -€23,163 | +€6,963 | +23.1% |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Financial charges | 65/66B | €5,338 | €1,052 | -€4,285 | -80.3% |
| Recurring financial charges | 65 | €5,338 | €1,052 | -€4,285 | -80.3% |
| Profit (loss) for the period before taxes | 9903 | -€35,464 | -€24,216 | +€11,249 | +31.7% |
| Profit (loss) for the period | 9904 | -€35,464 | -€24,216 | +€11,249 | +31.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,464 | -€24,216 | +€11,249 | +31.7% |
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 23 October 2026 via checked.be.