SIDEM: what changed
Two fiscal 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
SIDEM
NACE 46.720, Wholesale of motor vehicle parts and accessories
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€8.6m
2024 · €11.3m-€2.7m
Equity
€51.9m
2024 · €43.4m+€8.5m
Cash
€29.8m
2024 · €8.3m+€21.5m
Balance sheet total
€62.3m
2024 · €53.2m+€9.1m
Largest movements
Assets
- Cash +€21.5m
up €21.5m (+257.2%), from €8.3m to €29.8m
mainly Current investments (+€8.7m) and Net result for the year (+€8.6m)
- Current investments -€8.7m
down €8.7m (-51.4%), from €16.9m to €8.2m
- Receivables within one year -€5.6m
down €5.6m (-33.8%), from €16.5m to €10.9m
of which Trade receivables: -€5.4m
- Stocks and contracts +€2.2m
up €2.2m (+26.5%), from €8.1m to €10.3m
Equity and liabilities
- Reserves +€8.5m
up €8.5m (+19.8%), from €43.0m to €51.5m
of which Distributable reserves: +€9.0m
- Debts after one year +€822,356
up €822,356 (+53.1%), from €1.5m to €2.4m
- Trade debts +€731,473
up €731,473 (+11.3%), from €6.5m to €7.2m
- Other debts -€675,000
down €675,000 (-90.0%), from €750,000 to €75,000
Income statement
- Turnover -€3.0m
down €3.0m (-6.1%), from €49.6m to €46.6m
- Financial income -€910,327
down €910,327 (-20.7%), from €4.4m to €3.5m
- Goods and materials -€888,376
down €888,376 (-3.1%), from €29.0m to €28.1m
of which Change in stocks: decrease (increase): -€5.2m
- Taxes -€677,219
down €677,219 (-26.5%), from €2.6m to €1.9m
of which Taxes: -€676,847
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
€11.3m
Turnover
-€3.0m
Other operating income
+€155,907
Goods and materials
+€888,376
Services and other goods
-€85,909
Staff costs
-€80,284
Depreciation
-€46,256
Provisions
+€26,851
Other operating charges
-€11,564
Other operating items
+€944
Financial income
-€910,327
Financial charges
-€308,603
Taxes
+€677,219
Result 2025
€8.6m
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
+€12.1m
Investment
+€8.7m
Financing
+€667,985
Cash 2024
€8.3m
From operations (derived)
+€12.1m
Net result for the year
+€8.6m
Depreciation
+€264,962
Stocks and contracts
-€2.2m
Receivables within one year
+€5.6m
Smaller working-capital items
+€18,255
Trade debts
+€731,473
Tax, wage and social debts
-€196,396
Other debts
-€675,000
Investment (derived)
+€8.7m
Investment in fixed assets (net)
-€4,234
Current investments
+€8.7m
Financing
+€667,985
Debts after one year
+€822,356
Short-term financial debts
-€79,371
Contributions, distributions and other
-€75,000
Cash 2025
€29.8m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,206,679 | €62,331,742 | +€9.1m | +17.2% |
| Fixed assets | 21/28 | €3,401,983 | €3,141,255 | -€260,728 | -7.7% |
| Intangible fixed assets | 21 | - | €6,227 | +€6,227 | |
| Tangible fixed assets | 22/27 | €740,175 | €1,068,500 | +€328,325 | +44.4% |
| Land and buildings | 22 | €51,475 | €44,146 | -€7,329 | -14.2% |
| Plant, machinery and equipment | 23 | €516,628 | €667,950 | +€151,323 | +29.3% |
| Furniture and vehicles | 24 | €172,071 | €356,403 | +€184,332 | +107.1% |
| Financial fixed assets | 28 | €2,661,808 | €2,066,528 | -€595,280 | -22.4% |
| Affiliated companies | 280/1 | €2,661,808 | €2,066,528 | -€595,280 | -22.4% |
| Participating interests | 280 | €1,373,199 | €1,373,199 | = | 0.0% |
| Amounts receivable | 281 | €1,288,609 | €693,329 | -€595,280 | -46.2% |
| Current assets | 29/58 | €49,804,696 | €59,190,487 | +€9.4m | +18.8% |
| Stocks and contracts in progress | 3 | €8,107,234 | €10,257,593 | +€2.2m | +26.5% |
| Stocks | 30/36 | €8,107,234 | €10,257,593 | +€2.2m | +26.5% |
| Goods purchased for resale | 34 | €8,107,234 | €10,257,593 | +€2.2m | +26.5% |
| Amounts receivable within one year | 40/41 | €16,497,398 | €10,926,203 | -€5.6m | -33.8% |
| Trade receivables | 40 | €16,160,252 | €10,735,089 | -€5.4m | -33.6% |
| Other amounts receivable | 41 | €337,145 | €191,114 | -€146,031 | -43.3% |
| Current investments | 50/53 | €16,853,564 | €8,189,161 | -€8.7m | -51.4% |
| Other investments | 51/53 | €16,853,564 | €8,189,161 | -€8.7m | -51.4% |
| Cash at bank and in hand | 54/58 | €8,345,271 | €29,812,395 | +€21.5m | +257.2% |
| Deferred charges and accrued income | 490/1 | €1,230 | €5,134 | +€3,903 | +317.3% |
| Total equity and liabilities | 10/49 | €53,206,679 | €62,331,742 | +€9.1m | +17.2% |
| Equity | 10/15 | €43,410,037 | €51,909,880 | +€8.5m | +19.6% |
| Contributions | 10/11 | €371,840 | €371,840 | = | 0.0% |
| Capital | 10 | €371,840 | €371,840 | = | 0.0% |
| Issued capital | 100 | €371,840 | €371,840 | = | 0.0% |
| Reserves | 13 | €42,965,509 | €51,461,364 | +€8.5m | +19.8% |
| Non-distributable reserves | 130/1 | €37,184 | €37,184 | = | 0.0% |
| Legal reserve | 130 | €37,184 | €37,184 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,978,325 | €4,454,180 | -€524,145 | -10.5% |
| Distributable reserves | 133 | €37,950,000 | €46,970,000 | +€9.0m | +23.8% |
| Profit (loss) carried forward | 14 | €72,688 | €76,676 | +€3,988 | +5.5% |
| Provisions and deferred taxes | 16 | €247,640 | €251,090 | +€3,451 | +1.4% |
| Provisions for liabilities and charges | 160/5 | €247,640 | €251,090 | +€3,451 | +1.4% |
| Other liabilities and charges | 164/5 | €247,640 | €251,090 | +€3,451 | +1.4% |
| Amounts payable | 17/49 | €9,549,002 | €10,170,771 | +€621,769 | +6.5% |
| Amounts payable after more than one year | 17 | €1,547,423 | €2,369,779 | +€822,356 | +53.1% |
| Other amounts payable | 178/9 | €1,547,423 | €2,369,779 | +€822,356 | +53.1% |
| Amounts payable within one year | 42/48 | €7,998,169 | €7,778,875 | -€219,294 | -2.7% |
| Financial debts | 43 | €79,371 | - | -€79,371 | |
| Credit institutions | 430/8 | €79,371 | - | -€79,371 | |
| Trade debts | 44 | €6,458,778 | €7,190,250 | +€731,473 | +11.3% |
| Suppliers | 440/4 | €6,458,778 | €7,190,250 | +€731,473 | +11.3% |
| Taxes, remuneration and social security | 45 | €710,021 | €513,625 | -€196,396 | -27.7% |
| Taxes | 450/3 | €431,198 | €292,656 | -€138,542 | -32.1% |
| Remuneration and social security | 454/9 | €278,822 | €220,969 | -€57,854 | -20.7% |
| Other amounts payable | 47/48 | €750,000 | €75,000 | -€675,000 | -90.0% |
| Accrued charges and deferred income | 492/3 | €3,410 | €22,117 | +€18,707 | +548.6% |
| Operating income | 70/76A | €50,118,711 | €47,275,221 | -€2.8m | -5.7% |
| Turnover | 70 | €49,550,553 | €46,551,156 | -€3.0m | -6.1% |
| Other operating income | 74 | €568,158 | €724,065 | +€155,907 | +27.4% |
| Operating charges | 60/66A | €40,510,405 | €39,818,247 | -€692,157 | -1.7% |
| Goods for resale, raw materials and consumables | 60 | €28,992,527 | €28,104,152 | -€888,376 | -3.1% |
| Purchases | 600/8 | €25,990,508 | €30,254,511 | +€4.3m | +16.4% |
| Change in stocks: decrease (increase) | 609 | €3,002,020 | -€2,150,359 | -€5.2m | |
| Services and other goods | 61 | €9,169,308 | €9,255,218 | +€85,909 | +0.9% |
| Remuneration, social security and pensions | 62 | €2,029,678 | €2,109,962 | +€80,284 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €218,706 | €264,962 | +€46,256 | +21.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €30,302 | €3,451 | -€26,851 | -88.6% |
| Other operating charges | 640/8 | €62,529 | €74,092 | +€11,564 | +18.5% |
| Non-recurring operating charges | 66A | €7,355 | €6,411 | -€944 | -12.8% |
| Operating profit (loss) | 9901 | €9,608,306 | €7,456,974 | -€2.2m | -22.4% |
| Financial income | 75/76B | €4,407,775 | €3,497,448 | -€910,327 | -20.7% |
| Recurring financial income | 75 | €4,407,775 | €3,497,448 | -€910,327 | -20.7% |
| Income from financial fixed assets | 750 | €3,021,131 | €2,781,628 | -€239,503 | -7.9% |
| Income from current assets | 751 | €1,089,620 | €614,026 | -€475,595 | -43.6% |
| Other financial income | 752/9 | €297,024 | €101,795 | -€195,229 | -65.7% |
| Financial charges | 65/66B | €195,084 | €503,687 | +€308,603 | +158.2% |
| Recurring financial charges | 65 | €195,084 | €503,687 | +€308,603 | +158.2% |
| Debt charges | 650 | €55,067 | €53,476 | -€1,592 | -2.9% |
| Other financial charges | 652/9 | €140,016 | €450,211 | +€310,195 | +221.5% |
| Profit (loss) for the period before taxes | 9903 | €13,820,998 | €10,450,735 | -€3.4m | -24.4% |
| Income taxes | 67/77 | €2,553,111 | €1,875,892 | -€677,219 | -26.5% |
| Taxes | 670/3 | €2,553,111 | €1,876,264 | -€676,847 | -26.5% |
| Tax adjustments and reversals of tax provisions | 77 | - | €372 | +€372 | |
| Profit (loss) for the period | 9904 | €11,267,887 | €8,574,843 | -€2.7m | -23.9% |
| Transfer from tax-exempt reserves | 789 | €631,500 | €1,513,495 | +€881,995 | +139.7% |
| Transfer to tax-exempt reserves | 689 | €989,350 | €989,350 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,910,037 | €9,098,988 | -€1.8m | -16.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.