SD AUTOMOBILES: 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.
SD AUTOMOBILES
Largest movements
- Receivables within one year +€9,425
new in 2025: €9,425
- Stocks and contracts +€9,150
new in 2025: €9,150
- Cash -€8,458
down €8,458 (-32.0%), from €26,421 to €17,963
mainly Receivables within one year (-€9,425) and Stocks and contracts (-€9,150)
- Trade debts +€9,250
new in 2025: €9,250
- Other debts -€5,360
down €5,360 (-53.6%), from €10,000 to €4,640
- Profit (loss) carried forward +€4,581
up €4,581 (+90.8%), from €5,047 to €9,627
- Tax, wage and social debts +€1,646
up €1,646 (+120%), from €1,374 to €3,021
- Gross operating margin -€11,077
down €11,077 (-63.3%), from €17,502 to €6,425
- Other operating charges -€459
down €459 (-42.5%), from €1,080 to €620
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 | €26,421 | €36,538 | +€10,117 | +38.3% |
| Current assets | 29/58 | €26,421 | €36,538 | +€10,117 | +38.3% |
| Stocks and contracts in progress | 3 | - | €9,150 | +€9,150 | |
| Stocks | 30/36 | - | €9,150 | +€9,150 | |
| Amounts receivable within one year | 40/41 | - | €9,425 | +€9,425 | |
| Trade receivables | 40 | - | €9,425 | +€9,425 | |
| Cash at bank and in hand | 54/58 | €26,421 | €17,963 | -€8,458 | -32.0% |
| Total equity and liabilities | 10/49 | €26,421 | €36,538 | +€10,117 | +38.3% |
| Equity | 10/15 | €15,047 | €19,627 | +€4,581 | +30.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,047 | €9,627 | +€4,581 | +90.8% |
| Amounts payable | 17/49 | €11,374 | €16,911 | +€5,536 | +48.7% |
| Amounts payable within one year | 42/48 | €11,374 | €16,911 | +€5,536 | +48.7% |
| Trade debts | 44 | - | €9,250 | +€9,250 | |
| Suppliers | 440/4 | - | €9,250 | +€9,250 | |
| Taxes, remuneration and social security | 45 | €1,374 | €3,021 | +€1,646 | +120% |
| Taxes | 450/3 | €1,374 | €3,021 | +€1,646 | +120% |
| Other amounts payable | 47/48 | €10,000 | €4,640 | -€5,360 | -53.6% |
| Other operating charges | 640/8 | €1,080 | €620 | -€459 | -42.5% |
| Gross operating margin | 9900 | €17,502 | €6,425 | -€11,077 | -63.3% |
| Operating profit (loss) | 9901 | €16,423 | €5,805 | -€10,618 | -64.7% |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €78 | €79 | +€1 | +1.2% |
| Recurring financial charges | 65 | €78 | €79 | +€1 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €16,357 | €5,726 | -€10,631 | -65.0% |
| Income taxes | 67/77 | €1,310 | €1,145 | -€165 | -12.6% |
| Profit (loss) for the period | 9904 | €15,047 | €4,581 | -€10,466 | -69.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,047 | €4,581 | -€10,466 | -69.6% |
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 17 October 2026 via checked.be.