Financials
Financial year 2024
SAN MARINO from Gent, company number BE0426396657, closed financial year 2024 with a result of € -15,192 after tax. For that financial year SAN MARINO recorded a gross margin of € 47,274 and equity of € 430,355. Compared with financial year 2023, the result moved from € 541,423 to € -15,192. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2025.
€ 430,355
▼ 3% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,192
▼ still € 541,423 profit in 2023
Profit after tax over the fiscal year.
€ 74
▼ 67% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 411,995.
People and assets in 2024
€ 360
▼ 40% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 563,077
▼ 2% vs 2023
Loans from banks and other lenders, long and short.
€ 5,638
▼ 86% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 17,722
▼ 47% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 122,640 | € 117,742 | € 961,036 | € 47,274 | ▼ 95% |
| Profit after taxes | € -97,822 | € 8,841 | € 541,423 | € -15,192 | ▼ € 556,615 |
| Equity | € -114,870 | € -95,876 | € 445,547 | € 430,355 | ▼ 3% |
| Total debts | € 1,583,212 | € 1,535,920 | € 650,119 | € 588,937 | ▼ 9% |
| Cash | € 391 | € 12 | € 222 | € 74 | ▼ 67% |
| Land & buildings | € 744,685 | € 720,778 | € 547,590 | € 540,848 | ▼ 1% |
| Retained profit | € -133,230 | € -114,236 | € 427,187 | € 411,995 | ▼ 4% |
| Bank debt | € 1,411,511 | € 1,388,807 | € 573,792 | € 563,077 | ▼ 2% |
| Balance sheet total | € 1,468,343 | € 1,440,044 | € 1,329,054 | € 1,252,681 | ▼ 6% |
Key figures of SAN MARINO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SAN MARINO?
What happened at SAN MARINO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 15,192 (▼ € 556,615 vs 2023). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 97,822 loss in 2021 to € 15,192 loss in 2024.
Paid € 43,984 in corporate taxes since 2021.
Best year ever: 2023, with € 541,423 profit.
Establishments
Establishment units
Physical locations of this company
Vlaanderenstraat 46
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.396.657
- VAT number
- BE 0426.396.657
- Registered office
- Vlaanderenstraat 46, 9000 Gent
- Names & denominations
- SAN MARINO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 August 1984
- Peppol
- Active · Active since 5 Aug 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen