SA MOTORS: 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.
SA MOTORS
Largest movements
- Receivables within one year -€8,016
no longer reported in 2025 (was €8,016)
of which Trade receivables: -€7,943
- Cash -€6,611
down €6,611 (-47.0%), from €14,058 to €7,447
mainly Net result for the year (-€14,239) and Stocks and contracts (-€5,550)
- Stocks and contracts +€5,550
up €5,550 (+43.5%), from €12,750 to €18,300
- Tangible fixed assets -€784
down €784 (-34.0%), from €2,305 to €1,521
of which Furniture and vehicles: -€784
- Other debts +€9,306
up €9,306 (+76.0%), from €12,238 to €21,543
- Reserves -€8,441
no longer reported in 2025 (was €8,441)
- Profit (loss) carried forward -€5,798
new in 2025: -€5,798
- Trade debts -€2,700
down €2,700 (-83.3%), from €3,242 to €542
- Tax, wage and social debts -€1,962
down €1,962 (-73.9%), from €2,655 to €693
- Gross operating margin -€23,579
down €23,579, from €12,502 to -€11,077
- Other operating charges -€2,594
down €2,594 (-80.9%), from €3,207 to €612
- Taxes -€1,481
no longer reported in 2025 (was €1,481)
- Financial charges -€1,337
down €1,337 (-66.2%), from €2,018 to €681
- Depreciation +€320
up €320 (+69.1%), from €464 to €784
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,041 | €29,447 | -€9,594 | -24.6% |
| Fixed assets | 21/28 | €3,584 | €2,710 | -€875 | -24.4% |
| Tangible fixed assets | 22/27 | €2,305 | €1,521 | -€784 | -34.0% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €2,305 | €1,521 | -€784 | -34.0% |
| Financial fixed assets | 28 | €1,280 | €1,189 | -€91 | -7.1% |
| Current assets | 29/58 | €35,457 | €26,737 | -€8,719 | -24.6% |
| Stocks and contracts in progress | 3 | €12,750 | €18,300 | +€5,550 | +43.5% |
| Stocks | 30/36 | €12,750 | €18,300 | +€5,550 | +43.5% |
| Amounts receivable within one year | 40/41 | €8,016 | - | -€8,016 | |
| Trade receivables | 40 | €7,943 | - | -€7,943 | |
| Other amounts receivable | 41 | €73 | - | -€73 | |
| Cash at bank and in hand | 54/58 | €14,058 | €7,447 | -€6,611 | -47.0% |
| Deferred charges and accrued income | 490/1 | €634 | €991 | +€357 | +56.4% |
| Total equity and liabilities | 10/49 | €39,041 | €29,447 | -€9,594 | -24.6% |
| Equity | 10/15 | €20,841 | €6,602 | -€14,239 | -68.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €8,441 | - | -€8,441 | |
| Distributable reserves | 133 | €8,441 | - | -€8,441 | |
| Profit (loss) carried forward | 14 | - | -€5,798 | -€5,798 | |
| Amounts payable | 17/49 | €18,200 | €22,845 | +€4,645 | +25.5% |
| Amounts payable within one year | 42/48 | €18,134 | €22,778 | +€4,643 | +25.6% |
| Trade debts | 44 | €3,242 | €542 | -€2,700 | -83.3% |
| Suppliers | 440/4 | €3,242 | €542 | -€2,700 | -83.3% |
| Taxes, remuneration and social security | 45 | €2,655 | €693 | -€1,962 | -73.9% |
| Taxes | 450/3 | €2,655 | €693 | -€1,962 | -73.9% |
| Other amounts payable | 47/48 | €12,238 | €21,543 | +€9,306 | +76.0% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €464 | €784 | +€320 | +69.1% |
| Other operating charges | 640/8 | €3,207 | €612 | -€2,594 | -80.9% |
| Non-recurring operating charges | 66A | - | €1,100 | +€1,100 | |
| Gross operating margin | 9900 | €12,502 | -€11,077 | -€23,579 | |
| Operating profit (loss) | 9901 | €8,832 | -€13,573 | -€22,405 | |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €2,018 | €681 | -€1,337 | -66.2% |
| Recurring financial charges | 65 | €2,018 | €681 | -€1,337 | -66.2% |
| Profit (loss) for the period before taxes | 9903 | €6,813 | -€14,239 | -€21,052 | |
| Income taxes | 67/77 | €1,481 | - | -€1,481 | |
| Profit (loss) for the period | 9904 | €5,332 | -€14,239 | -€19,571 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,332 | -€14,239 | -€19,571 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.