SN SRL: 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
SN SRL
NACE 56.111, Full-service restaurants
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€42,400
2024 · €24,496+€17,904
Equity
€184,525
2024 · €142,125+€42,400
Cash
€4,467
2024 · €7,461-€2,993
Balance sheet total
€784,292
2024 · €803,792-€19,500
Largest movements
Assets
- Tangible fixed assets -€37,306
down €37,306 (-5.9%), from €632,310 to €595,004
- Receivables after one year +€26,000
up €26,000 (+17.3%), from €150,000 to €176,000
Equity and liabilities
- Debts after one year -€50,193
down €50,193 (-9.6%), from €521,087 to €470,894
- Profit (loss) carried forward +€42,400
up €42,400 (+59.6%), from €71,175 to €113,575
- Trade debts -€8,589
down €8,589 (-12.8%), from €67,314 to €58,726
Income statement
- Gross operating margin +€15,514
up €15,514 (+9.2%), from €168,121 to €183,635
- Depreciation -€2,532
down €2,532 (-6.4%), from €39,839 to €37,306
- Taxes +€2,087
new in 2025: €2,087
- Financial charges -€1,955
down €1,955 (-7.2%), from €27,179 to €25,224
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
€24,496
Gross operating margin
+€15,514
Staff costs
+€179
Depreciation
+€2,532
Other operating charges
-€270
Financial income
+€80
Financial charges
+€1,955
Taxes
-€2,087
Result 2025
€42,400
Cash bridge derived
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
+€45,434
Investment
€0
Financing
-€48,428
Cash 2024
€7,461
From operations (derived)
+€45,434
Net result for the year
+€42,400
Depreciation
+€37,306
Receivables after one year
-€26,000
Stocks and contracts
+€3,375
Receivables within one year
+€353
Deferred charges and accrued income
+€1,471
Trade debts
-€8,589
Tax, wage and social debts
+€4,364
Other debts
-€5,782
Accrued charges and deferred income
-€3,465
Financing
-€48,428
Debts after one year
-€50,193
Current portion of long-term debt
+€1,765
Cash 2025
€4,467
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €803,792 | €784,292 | -€19,500 | -2.4% |
| Fixed assets | 21/28 | €632,673 | €595,367 | -€37,306 | -5.9% |
| Tangible fixed assets | 22/27 | €632,310 | €595,004 | -€37,306 | -5.9% |
| Land and buildings | 22 | €535,213 | €518,462 | -€16,751 | -3.1% |
| Plant, machinery and equipment | 23 | €6,788 | €4,323 | -€2,465 | -36.3% |
| Furniture and vehicles | 24 | €90,309 | €72,219 | -€18,091 | -20.0% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €171,119 | €188,925 | +€17,807 | +10.4% |
| Amounts receivable after more than one year | 29 | €150,000 | €176,000 | +€26,000 | +17.3% |
| Other amounts receivable | 291 | €150,000 | €176,000 | +€26,000 | +17.3% |
| Stocks and contracts in progress | 3 | €9,079 | €5,704 | -€3,375 | -37.2% |
| Stocks | 30/36 | €9,079 | €5,704 | -€3,375 | -37.2% |
| Amounts receivable within one year | 40/41 | €3,108 | €2,754 | -€353 | -11.4% |
| Trade receivables | 40 | €191 | €211 | +€20 | +10.5% |
| Other amounts receivable | 41 | €2,917 | €2,543 | -€373 | -12.8% |
| Cash at bank and in hand | 54/58 | €7,461 | €4,467 | -€2,993 | -40.1% |
| Deferred charges and accrued income | 490/1 | €1,471 | - | -€1,471 | |
| Total equity and liabilities | 10/49 | €803,792 | €784,292 | -€19,500 | -2.4% |
| Equity | 10/15 | €142,125 | €184,525 | +€42,400 | +29.8% |
| Contributions | 10/11 | €48,000 | €48,000 | = | 0.0% |
| Capital | 10 | €48,000 | €48,000 | = | 0.0% |
| Issued capital | 100 | €48,000 | €48,000 | = | 0.0% |
| Reserves | 13 | €22,950 | €22,950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,800 | €4,800 | = | 0.0% |
| Legal reserve | 130 | €4,800 | €4,800 | = | 0.0% |
| Distributable reserves | 133 | €18,150 | €18,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,175 | €113,575 | +€42,400 | +59.6% |
| Amounts payable | 17/49 | €661,667 | €599,767 | -€61,899 | -9.4% |
| Amounts payable after more than one year | 17 | €521,087 | €470,894 | -€50,193 | -9.6% |
| Financial debts | 170/4 | €521,087 | €470,894 | -€50,193 | -9.6% |
| Amounts payable within one year | 42/48 | €136,780 | €128,538 | -€8,242 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €49,513 | €51,278 | +€1,765 | +3.6% |
| Trade debts | 44 | €67,314 | €58,726 | -€8,589 | -12.8% |
| Suppliers | 440/4 | €67,314 | €58,726 | -€8,589 | -12.8% |
| Taxes, remuneration and social security | 45 | €9,398 | €13,762 | +€4,364 | +46.4% |
| Taxes | 450/3 | €2,941 | €4,984 | +€2,043 | +69.5% |
| Remuneration and social security | 454/9 | €6,457 | €8,778 | +€2,321 | +35.9% |
| Other amounts payable | 47/48 | €10,555 | €4,773 | -€5,782 | -54.8% |
| Accrued charges and deferred income | 492/3 | €3,800 | €335 | -€3,465 | -91.2% |
| Remuneration, social security and pensions | 62 | €66,792 | €66,613 | -€179 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,839 | €37,306 | -€2,532 | -6.4% |
| Other operating charges | 640/8 | €9,818 | €10,088 | +€270 | +2.7% |
| Gross operating margin | 9900 | €168,121 | €183,635 | +€15,514 | +9.2% |
| Operating profit (loss) | 9901 | €51,673 | €69,629 | +€17,956 | +34.7% |
| Financial income | 75/76B | €2 | €82 | +€80 | +4365.2% |
| Recurring financial income | 75 | €2 | €82 | +€80 | +4365.2% |
| Financial charges | 65/66B | €27,179 | €25,224 | -€1,955 | -7.2% |
| Recurring financial charges | 65 | €27,179 | €25,224 | -€1,955 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €24,496 | €44,487 | +€19,991 | +81.6% |
| Income taxes | 67/77 | - | €2,087 | +€2,087 | |
| Profit (loss) for the period | 9904 | €24,496 | €42,400 | +€17,904 | +73.1% |
| Profit (loss) for the period to be appropriated | 9905 | €24,496 | €42,400 | +€17,904 | +73.1% |
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 11 October 2026 via checked.be.