L.M. SNACK: 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.
What changed
L.M. SNACK
NACE 56.111, Full-service restaurants
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€16,734
2024 · €2,427-€19,160
Equity
€437,650
2024 · €89,961+€347,689
Cash
€43,737
2024 · €44,745-€1,009
Balance sheet total
€459,944
2024 · €108,331+€351,613
Largest movements
Assets
- Tangible fixed assets +€348,381
up €348,381 (+585%), from €59,600 to €407,981
of which Land and buildings: +€352,549
Equity and liabilities
- Revaluation surpluses +€364,423
new in 2025: €364,423
- Profit (loss) carried forward -€16,734
down €16,734 (-24.1%), from €69,510 to €52,776
- Trade debts +€10,160
up €10,160 (+262%), from €3,884 to €14,044
Income statement
- Staff costs +€25,746
up €25,746 (+25.1%), from €102,392 to €128,138
- Gross operating margin +€12,345
up €12,345 (+10.1%), from €122,072 to €134,417
- Depreciation +€7,984
up €7,984 (+99.1%), from €8,058 to €16,042
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.
Result 2024
€2,427
Gross operating margin
+€12,345
Staff costs
-€25,746
Depreciation
-€7,984
Other operating charges
+€506
Other operating items
+€1,471
Financial charges
+€247
Result 2025
-€16,734
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€667
Investment
-€366,099
Financing
+€364,423
Cash 2024
€44,745
From operations (derived)
+€667
Net result for the year
-€16,734
Depreciation
+€16,042
Smaller working-capital items
-€718
Receivables within one year
-€1,847
Trade debts
+€10,160
Tax, wage and social debts
-€3,738
Other debts
-€2,498
Investment (derived)
-€366,099
Investment in fixed assets (net)
-€366,099
Financing
+€364,423
Contributions, distributions and other
+€364,423
Cash 2025
€43,737
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,331 | €459,944 | +€351,613 | +325% |
| Fixed assets | 21/28 | €59,675 | €409,732 | +€350,057 | +587% |
| Tangible fixed assets | 22/27 | €59,600 | €407,981 | +€348,381 | +585% |
| Land and buildings | 22 | €42,178 | €394,727 | +€352,549 | +836% |
| Plant, machinery and equipment | 23 | €11,007 | €8,251 | -€2,756 | -25.0% |
| Furniture and vehicles | 24 | €2,311 | €1,550 | -€761 | -32.9% |
| Other tangible fixed assets | 26 | €4,104 | €3,453 | -€651 | -15.9% |
| Financial fixed assets | 28 | €75 | €1,751 | +€1,676 | +2,226% |
| Current assets | 29/58 | €48,656 | €50,213 | +€1,556 | +3.2% |
| Stocks and contracts in progress | 3 | €1,153 | €1,793 | +€640 | +55.6% |
| Stocks | 30/36 | €1,153 | €1,793 | +€640 | +55.6% |
| Amounts receivable within one year | 40/41 | €2,758 | €4,605 | +€1,847 | +67.0% |
| Other amounts receivable | 41 | €2,758 | €4,605 | +€1,847 | +67.0% |
| Cash at bank and in hand | 54/58 | €44,745 | €43,737 | -€1,009 | -2.3% |
| Deferred charges and accrued income | 490/1 | - | €77 | +€77 | |
| Total equity and liabilities | 10/49 | €108,331 | €459,944 | +€351,613 | +325% |
| Equity | 10/15 | €89,961 | €437,650 | +€347,689 | +386% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | - | €364,423 | +€364,423 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,510 | €52,776 | -€16,734 | -24.1% |
| Amounts payable | 17/49 | €18,370 | €22,294 | +€3,924 | +21.4% |
| Amounts payable within one year | 42/48 | €18,370 | €22,294 | +€3,924 | +21.4% |
| Trade debts | 44 | €3,884 | €14,044 | +€10,160 | +262% |
| Suppliers | 440/4 | €3,884 | €14,044 | +€10,160 | +262% |
| Taxes, remuneration and social security | 45 | €11,989 | €8,250 | -€3,738 | -31.2% |
| Taxes | 450/3 | €1,595 | €1,399 | -€196 | -12.3% |
| Remuneration and social security | 454/9 | €10,394 | €6,851 | -€3,543 | -34.1% |
| Other amounts payable | 47/48 | €2,498 | - | -€2,498 | |
| Non-recurring operating income | 76A | €1,800 | €205 | -€1,595 | -88.6% |
| Remuneration, social security and pensions | 62 | €102,392 | €128,138 | +€25,746 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,058 | €16,042 | +€7,984 | +99.1% |
| Other operating charges | 640/8 | €4,238 | €3,732 | -€506 | -11.9% |
| Non-recurring operating charges | 66A | €2,121 | €650 | -€1,471 | -69.4% |
| Gross operating margin | 9900 | €122,072 | €134,417 | +€12,345 | +10.1% |
| Operating profit (loss) | 9901 | €5,262 | -€14,145 | -€19,407 | |
| Financial charges | 65/66B | €2,836 | €2,589 | -€247 | -8.7% |
| Recurring financial charges | 65 | €2,436 | €2,589 | +€153 | +6.3% |
| Non-recurring financial charges | 66B | €400 | - | -€400 | |
| Profit (loss) for the period before taxes | 9903 | €2,427 | -€16,734 | -€19,160 | |
| Profit (loss) for the period | 9904 | €2,427 | -€16,734 | -€19,160 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,427 | -€16,734 | -€19,160 |
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 25 October 2026 via checked.be.