SG RESTAURATIE: what changed
SG RESTAURATIE
Largest movements
- Stocks and contracts +€26,399
new in 2025: €26,399
- Receivables within one year -€24,264
down €24,264 (-96.5%), from €25,149 to €885
of which Trade receivables: -€12,439
- Cash -€7,221
down €7,221 (-63.9%), from €11,293 to €4,072
mainly Stocks and contracts (-€26,399) and Trade debts (-€8,894)
- Tangible fixed assets -€1,451
down €1,451 (-31.1%), from €4,661 to €3,210
- Trade debts -€8,894
down €8,894 (-92.0%), from €9,668 to €774
- Profit (loss) carried forward +€2,084
up €2,084 (+249%), from €836 to €2,920
- Tax, wage and social debts +€497
up €497 (+34.8%), from €1,428 to €1,925
of which Taxes: +€497
- Gross operating margin -€19,073
down €19,073 (-79.6%), from €23,974 to €4,901
- Other operating charges -€441
down €441 (-48.8%), from €905 to €464
- Taxes +€369
up €369 (+86.2%), from €428 to €797
- Financial charges -€313
down €313 (-68.9%), from €454 to €141
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,103 | €34,565 | -€6,538 | -15.9% |
| Fixed assets | 21/28 | €4,661 | €3,210 | -€1,451 | -31.1% |
| Tangible fixed assets | 22/27 | €4,661 | €3,210 | -€1,451 | -31.1% |
| Plant, machinery and equipment | 23 | €4,661 | €3,210 | -€1,451 | -31.1% |
| Current assets | 29/58 | €36,442 | €31,355 | -€5,087 | -14.0% |
| Stocks and contracts in progress | 3 | - | €26,399 | +€26,399 | |
| Stocks | 30/36 | - | €26,399 | +€26,399 | |
| Amounts receivable within one year | 40/41 | €25,149 | €885 | -€24,264 | -96.5% |
| Trade receivables | 40 | €12,722 | €282 | -€12,439 | -97.8% |
| Other amounts receivable | 41 | €12,428 | €603 | -€11,825 | -95.1% |
| Cash at bank and in hand | 54/58 | €11,293 | €4,072 | -€7,221 | -63.9% |
| Total equity and liabilities | 10/49 | €41,103 | €34,565 | -€6,538 | -15.9% |
| Equity | 10/15 | €1,836 | €3,920 | +€2,084 | +113% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €836 | €2,920 | +€2,084 | +249% |
| Amounts payable | 17/49 | €39,267 | €30,645 | -€8,622 | -22.0% |
| Amounts payable within one year | 42/48 | €39,042 | €30,645 | -€8,397 | -21.5% |
| Trade debts | 44 | €9,668 | €774 | -€8,894 | -92.0% |
| Suppliers | 440/4 | €9,668 | €774 | -€8,894 | -92.0% |
| Taxes, remuneration and social security | 45 | €1,428 | €1,925 | +€497 | +34.8% |
| Taxes | 450/3 | €428 | €925 | +€497 | +116% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €27,947 | €27,947 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €225 | - | -€225 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,451 | €1,451 | = | 0.0% |
| Other operating charges | 640/8 | €905 | €464 | -€441 | -48.8% |
| Gross operating margin | 9900 | €23,974 | €4,901 | -€19,073 | -79.6% |
| Operating profit (loss) | 9901 | €21,618 | €2,986 | -€18,632 | -86.2% |
| Financial income | 75/76B | €57 | €35 | -€22 | -38.5% |
| Recurring financial income | 75 | €57 | €35 | -€22 | -38.5% |
| Financial charges | 65/66B | €454 | €141 | -€313 | -68.9% |
| Recurring financial charges | 65 | €454 | €141 | -€313 | -68.9% |
| Profit (loss) for the period before taxes | 9903 | €21,222 | €2,881 | -€18,341 | -86.4% |
| Income taxes | 67/77 | €428 | €797 | +€369 | +86.2% |
| Profit (loss) for the period | 9904 | €20,794 | €2,084 | -€18,710 | -90.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,794 | €2,084 | -€18,710 | -90.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.