W.M. PIZZA: 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.
W.M. PIZZA
Largest movements
- Cash +€68,589
up €68,589 (+73.5%), from €93,345 to €161,934
mainly Net result for the year (+€49,265) and Tax, wage and social debts (+€16,807)
- Receivables within one year -€3,710
down €3,710 (-90.7%), from €4,091 to €381
of which Trade receivables: -€3,824
- Tangible fixed assets -€2,015
down €2,015 (-42.4%), from €4,752 to €2,736
of which Furniture and vehicles: -€1,067
- Profit (loss) carried forward +€49,265
up €49,265 (+95.7%), from €51,495 to €100,760
- Tax, wage and social debts +€16,807
up €16,807 (+51.2%), from €32,822 to €49,628
of which Taxes: +€8,491
- Trade debts -€3,279
down €3,279 (-57.5%), from €5,703 to €2,424
- Gross operating margin +€8,398
up €8,398 (+9.1%), from €91,942 to €100,340
- Taxes +€8,011
up €8,011 (+608%), from €1,317 to €9,327
- Staff costs -€5,926
down €5,926 (-14.3%), from €41,302 to €35,376
- Other operating charges +€1,645
up €1,645 (+63.0%), from €2,612 to €4,257
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 | €102,406 | €165,200 | +€62,794 | +61.3% |
| Fixed assets | 21/28 | €4,752 | €2,736 | -€2,015 | -42.4% |
| Tangible fixed assets | 22/27 | €4,752 | €2,736 | -€2,015 | -42.4% |
| Plant, machinery and equipment | 23 | €2,290 | €1,342 | -€948 | -41.4% |
| Furniture and vehicles | 24 | €2,462 | €1,395 | -€1,067 | -43.3% |
| Current assets | 29/58 | €97,655 | €162,464 | +€64,809 | +66.4% |
| Amounts receivable within one year | 40/41 | €4,091 | €381 | -€3,710 | -90.7% |
| Trade receivables | 40 | €4,091 | €267 | -€3,824 | -93.5% |
| Other amounts receivable | 41 | - | €114 | +€114 | |
| Cash at bank and in hand | 54/58 | €93,345 | €161,934 | +€68,589 | +73.5% |
| Deferred charges and accrued income | 490/1 | €219 | €149 | -€70 | -32.0% |
| Total equity and liabilities | 10/49 | €102,406 | €165,200 | +€62,794 | +61.3% |
| Equity | 10/15 | €63,495 | €112,760 | +€49,265 | +77.6% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,495 | €100,760 | +€49,265 | +95.7% |
| Amounts payable | 17/49 | €38,911 | €52,440 | +€13,529 | +34.8% |
| Amounts payable within one year | 42/48 | €38,911 | €52,440 | +€13,529 | +34.8% |
| Trade debts | 44 | €5,703 | €2,424 | -€3,279 | -57.5% |
| Suppliers | 440/4 | €5,703 | €2,424 | -€3,279 | -57.5% |
| Taxes, remuneration and social security | 45 | €32,822 | €49,628 | +€16,807 | +51.2% |
| Taxes | 450/3 | €836 | €9,327 | +€8,491 | +1,015% |
| Remuneration and social security | 454/9 | €31,985 | €40,301 | +€8,316 | +26.0% |
| Other amounts payable | 47/48 | €387 | €388 | +€1 | +0.3% |
| Remuneration, social security and pensions | 62 | €41,302 | €35,376 | -€5,926 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,538 | €2,015 | +€477 | +31.0% |
| Other operating charges | 640/8 | €2,612 | €4,257 | +€1,645 | +63.0% |
| Gross operating margin | 9900 | €91,942 | €100,340 | +€8,398 | +9.1% |
| Operating profit (loss) | 9901 | €46,490 | €58,692 | +€12,202 | +26.2% |
| Financial charges | 65/66B | €87 | €99 | +€12 | +13.5% |
| Recurring financial charges | 65 | €87 | €99 | +€12 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | €46,402 | €58,593 | +€12,190 | +26.3% |
| Income taxes | 67/77 | €1,317 | €9,327 | +€8,011 | +608% |
| Profit (loss) for the period | 9904 | €45,086 | €49,265 | +€4,179 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,086 | €49,265 | +€4,179 | +9.3% |
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 26 October 2026 via checked.be.