Resto Milano: 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.
Resto Milano
Largest movements
- Receivables within one year +€146,383
up €146,383 (+227%), from €64,344 to €210,728
of which Other amounts receivable: +€147,107
- Cash +€123,392
up €123,392 (+30.6%), from €403,212 to €526,604
mainly Net result for the year (+€217,349) and Trade debts (+€33,091)
- Tangible fixed assets -€22,177
down €22,177 (-9.9%), from €224,747 to €202,571
of which Plant, machinery and equipment: -€21,560
- Reserves +€223,756
up €223,756 (+53.3%), from €420,000 to €643,756
- Trade debts +€33,091
up €33,091 (+18.8%), from €176,098 to €209,189
- Debts after one year -€19,700
down €19,700 (-38.7%), from €50,944 to €31,244
- Tax, wage and social debts +€14,299
up €14,299 (+16.7%), from €85,392 to €99,691
of which Taxes: +€11,769
- Gross operating margin -€89,831
down €89,831 (-13.0%), from €690,885 to €601,054
- Staff costs -€42,083
down €42,083 (-13.4%), from €313,071 to €270,989
- Taxes -€10,134
down €10,134 (-12.9%), from €78,841 to €68,707
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 | €775,511 | €1,017,378 | +€241,867 | +31.2% |
| Fixed assets | 21/28 | €304,473 | €278,797 | -€25,677 | -8.4% |
| Intangible fixed assets | 21 | €29,726 | €26,226 | -€3,500 | -11.8% |
| Tangible fixed assets | 22/27 | €224,747 | €202,571 | -€22,177 | -9.9% |
| Plant, machinery and equipment | 23 | €223,272 | €201,712 | -€21,560 | -9.7% |
| Furniture and vehicles | 24 | €1,475 | €858 | -€617 | -41.8% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €471,037 | €738,581 | +€267,544 | +56.8% |
| Amounts receivable within one year | 40/41 | €64,344 | €210,728 | +€146,383 | +227% |
| Trade receivables | 40 | €723 | €0 | -€723 | -100% |
| Other amounts receivable | 41 | €63,621 | €210,728 | +€147,107 | +231% |
| Cash at bank and in hand | 54/58 | €403,212 | €526,604 | +€123,392 | +30.6% |
| Deferred charges and accrued income | 490/1 | €3,481 | €1,250 | -€2,231 | -64.1% |
| Total equity and liabilities | 10/49 | €775,511 | €1,017,378 | +€241,867 | +31.2% |
| Equity | 10/15 | €438,408 | €655,756 | +€217,349 | +49.6% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €420,000 | €643,756 | +€223,756 | +53.3% |
| Distributable reserves | 133 | €420,000 | €643,756 | +€223,756 | +53.3% |
| Profit (loss) carried forward | 14 | €6,408 | €0 | -€6,408 | -100% |
| Amounts payable | 17/49 | €337,103 | €361,622 | +€24,519 | +7.3% |
| Amounts payable after more than one year | 17 | €50,944 | €31,244 | -€19,700 | -38.7% |
| Financial debts | 170/4 | €50,944 | €31,244 | -€19,700 | -38.7% |
| Amounts payable within one year | 42/48 | €286,160 | €330,378 | +€44,218 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | €20,639 | €21,497 | +€858 | +4.2% |
| Trade debts | 44 | €176,098 | €209,189 | +€33,091 | +18.8% |
| Suppliers | 440/4 | €176,098 | €209,189 | +€33,091 | +18.8% |
| Advances received on contracts in progress | 46 | €4,030 | €0 | -€4,030 | -100% |
| Taxes, remuneration and social security | 45 | €85,392 | €99,691 | +€14,299 | +16.7% |
| Taxes | 450/3 | €78,705 | €90,474 | +€11,769 | +15.0% |
| Remuneration and social security | 454/9 | €6,687 | €9,218 | +€2,530 | +37.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €313,071 | €270,989 | -€42,083 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,894 | €31,677 | +€1,783 | +6.0% |
| Other operating charges | 640/8 | €8,988 | €9,830 | +€842 | +9.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €690,885 | €601,054 | -€89,831 | -13.0% |
| Operating profit (loss) | 9901 | €338,932 | €288,559 | -€50,373 | -14.9% |
| Financial income | 75/76B | €1,232 | €7,446 | +€6,213 | +504% |
| Recurring financial income | 75 | €1,232 | €7,446 | +€6,213 | +504% |
| Financial charges | 65/66B | €11,830 | €9,949 | -€1,881 | -15.9% |
| Recurring financial charges | 65 | €11,830 | €9,949 | -€1,881 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €328,334 | €286,055 | -€42,279 | -12.9% |
| Income taxes | 67/77 | €78,841 | €68,707 | -€10,134 | -12.9% |
| Profit (loss) for the period | 9904 | €249,493 | €217,349 | -€32,145 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €249,493 | €217,349 | -€32,145 | -12.9% |
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 19 October 2026 via checked.be.