SB AUTOMOBILE: 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.
SB AUTOMOBILE
Largest movements
- Stocks and contracts +€63,585
up €63,585 (+9.3%), from €681,285 to €744,870
- Tangible fixed assets +€13,543
up €13,543 (+390%), from €3,474 to €17,018
- Cash +€9,152
up €9,152 (+939%), from €975 to €10,127
mainly Other debts (+€66,850) and Tax, wage and social debts (+€10,230)
- Other debts +€66,850
up €66,850 (+13.7%), from €489,445 to €556,295
- Tax, wage and social debts +€10,230
up €10,230 (+156%), from €6,564 to €16,794
of which Remuneration and social security: +€6,668
- Staff costs +€13,012
up €13,012 (+81.1%), from €16,036 to €29,048
- Gross operating margin +€6,755
up €6,755 (+22.0%), from €30,647 to €37,403
- Financial charges +€1,095
up €1,095 (+41.6%), from €2,629 to €3,724
- Depreciation +€534
up €534 (+32.9%), from €1,624 to €2,158
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 | €686,090 | €775,096 | +€89,006 | +13.0% |
| Fixed assets | 21/28 | €3,474 | €17,018 | +€13,543 | +390% |
| Tangible fixed assets | 22/27 | €3,474 | €17,018 | +€13,543 | +390% |
| Plant, machinery and equipment | 23 | €3,474 | €17,018 | +€13,543 | +390% |
| Current assets | 29/58 | €682,616 | €758,078 | +€75,463 | +11.1% |
| Stocks and contracts in progress | 3 | €681,285 | €744,870 | +€63,585 | +9.3% |
| Stocks | 30/36 | €681,285 | €744,870 | +€63,585 | +9.3% |
| Amounts receivable within one year | 40/41 | €356 | €39 | -€317 | -89.2% |
| Other amounts receivable | 41 | €356 | €39 | -€317 | -89.2% |
| Cash at bank and in hand | 54/58 | €975 | €10,127 | +€9,152 | +939% |
| Deferred charges and accrued income | 490/1 | - | €3,043 | +€3,043 | |
| Total equity and liabilities | 10/49 | €686,090 | €775,096 | +€89,006 | +13.0% |
| Equity | 10/15 | €92,612 | €95,043 | +€2,431 | +2.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Capital | 10 | €6,000 | €6,000 | = | 0.0% |
| Issued capital | 100 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,612 | €89,043 | +€2,431 | +2.8% |
| Amounts payable | 17/49 | €593,478 | €680,053 | +€86,575 | +14.6% |
| Amounts payable after more than one year | 17 | €67,898 | €65,246 | -€2,652 | -3.9% |
| Financial debts | 170/4 | €67,898 | €65,246 | -€2,652 | -3.9% |
| Amounts payable within one year | 42/48 | €525,580 | €614,807 | +€89,227 | +17.0% |
| Current portion of amounts payable after more than one year | 42 | €16,697 | €21,306 | +€4,609 | +27.6% |
| Trade debts | 44 | €12,874 | €20,412 | +€7,538 | +58.5% |
| Suppliers | 440/4 | €12,874 | €20,412 | +€7,538 | +58.5% |
| Taxes, remuneration and social security | 45 | €6,564 | €16,794 | +€10,230 | +156% |
| Taxes | 450/3 | €5,373 | €8,934 | +€3,562 | +66.3% |
| Remuneration and social security | 454/9 | €1,191 | €7,859 | +€6,668 | +560% |
| Other amounts payable | 47/48 | €489,445 | €556,295 | +€66,850 | +13.7% |
| Remuneration, social security and pensions | 62 | €16,036 | €29,048 | +€13,012 | +81.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,624 | €2,158 | +€534 | +32.9% |
| Non-recurring operating charges | 66A | - | €42 | +€42 | |
| Gross operating margin | 9900 | €30,647 | €37,403 | +€6,755 | +22.0% |
| Operating profit (loss) | 9901 | €12,988 | €6,155 | -€6,833 | -52.6% |
| Financial charges | 65/66B | €2,629 | €3,724 | +€1,095 | +41.6% |
| Recurring financial charges | 65 | €2,629 | €3,724 | +€1,095 | +41.6% |
| Profit (loss) for the period before taxes | 9903 | €10,359 | €2,431 | -€7,928 | -76.5% |
| Profit (loss) for the period | 9904 | €10,359 | €2,431 | -€7,928 | -76.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,359 | €2,431 | -€7,928 | -76.5% |
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 25 October 2026 via checked.be.