SPECIAL MOTORS: what changed
What changed
SPECIAL MOTORS
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€7,157
2024 · €2,526+€4,631
Equity
€239,479
2024 · €232,322+€7,157
Cash
€75,505
2024 · €73,832+€1,673
Balance sheet total
€257,940
2024 · €261,044-€3,104
Largest movements
Assets
- Stocks and contracts -€3,004
down €3,004 (-15.1%), from €19,858 to €16,854
Equity and liabilities
- Reserves +€7,157
up €7,157 (+5.1%), from €139,860 to €147,017
- Tax, wage and social debts -€4,157
down €4,157 (-48.9%), from €8,498 to €4,341
- Other debts -€4,036
down €4,036 (-57.0%), from €7,082 to €3,046
Income statement
- Gross operating margin +€9,968
up €9,968 (+34.0%), from €29,316 to €39,284
- Taxes +€4,765
up €4,765 (+269%), from €1,770 to €6,535
- Depreciation +€4,607
up €4,607 (+29.1%), from €15,847 to €20,454
- Financial income +€2,182
up €2,182 (+158%), from €1,381 to €3,563
- Financial charges -€1,025
down €1,025 (-21.2%), from €4,841 to €3,816
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€2,526
Gross operating margin
+€9,968
Depreciation
-€4,607
Other operating charges
+€910
Other operating items
-€82
Financial income
+€2,182
Financial charges
+€1,025
Taxes
-€4,765
Result 2025
€7,157
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€19,878
Investment
-€18,205
Financing
€0
Cash 2024
€73,832
From operations (derived)
+€19,878
Net result for the year
+€7,157
Depreciation
+€20,454
Stocks and contracts
+€3,004
Receivables within one year
-€889
Deferred charges and accrued income
+€413
Trade debts
+€310
Tax, wage and social debts
-€4,157
Other debts
-€4,036
Accrued charges and deferred income
-€2,378
Investment (derived)
-€18,205
Investment in fixed assets (net)
-€18,205
Cash 2025
€75,505
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €261,044 | €257,940 | -€3,104 | -1.2% |
| Formation expenses | 20 | €933 | €695 | -€239 | -25.6% |
| Fixed assets | 21/28 | €67,607 | €65,597 | -€2,010 | -3.0% |
| Tangible fixed assets | 22/27 | €66,997 | €64,987 | -€2,010 | -3.0% |
| Furniture and vehicles | 24 | €37,233 | €39,101 | +€1,868 | +5.0% |
| Leasing and similar rights | 25 | €29,763 | €25,885 | -€3,878 | -13.0% |
| Financial fixed assets | 28 | €610 | €610 | = | 0.0% |
| Current assets | 29/58 | €192,504 | €191,649 | -€856 | -0.4% |
| Amounts receivable after more than one year | 29 | €60,000 | €60,000 | = | 0.0% |
| Other amounts receivable | 291 | €60,000 | €60,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €19,858 | €16,854 | -€3,004 | -15.1% |
| Stocks | 30/36 | €19,858 | €16,854 | -€3,004 | -15.1% |
| Amounts receivable within one year | 40/41 | €32,937 | €33,826 | +€889 | +2.7% |
| Trade receivables | 40 | €24,705 | €25,596 | +€891 | +3.6% |
| Other amounts receivable | 41 | €8,232 | €8,230 | -€2 | 0.0% |
| Cash at bank and in hand | 54/58 | €73,832 | €75,505 | +€1,673 | +2.3% |
| Deferred charges and accrued income | 490/1 | €5,878 | €5,465 | -€413 | -7.0% |
| Total equity and liabilities | 10/49 | €261,044 | €257,940 | -€3,104 | -1.2% |
| Equity | 10/15 | €232,322 | €239,479 | +€7,157 | +3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €139,860 | €147,017 | +€7,157 | +5.1% |
| Distributable reserves | 133 | €139,860 | €147,017 | +€7,157 | +5.1% |
| Profit (loss) carried forward | 14 | €73,862 | €73,862 | = | 0.0% |
| Amounts payable | 17/49 | €28,722 | €18,461 | -€10,261 | -35.7% |
| Amounts payable within one year | 42/48 | €26,343 | €18,461 | -€7,883 | -29.9% |
| Trade debts | 44 | €10,763 | €11,073 | +€310 | +2.9% |
| Suppliers | 440/4 | €10,763 | €11,073 | +€310 | +2.9% |
| Taxes, remuneration and social security | 45 | €8,498 | €4,341 | -€4,157 | -48.9% |
| Taxes | 450/3 | €8,498 | €4,341 | -€4,157 | -48.9% |
| Other amounts payable | 47/48 | €7,082 | €3,046 | -€4,036 | -57.0% |
| Accrued charges and deferred income | 492/3 | €2,378 | - | -€2,378 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,847 | €20,454 | +€4,607 | +29.1% |
| Other operating charges | 640/8 | €5,175 | €4,265 | -€910 | -17.6% |
| Non-recurring operating charges | 66A | €539 | €621 | +€82 | +15.1% |
| Gross operating margin | 9900 | €29,316 | €39,284 | +€9,968 | +34.0% |
| Operating profit (loss) | 9901 | €7,755 | €13,945 | +€6,189 | +79.8% |
| Financial income | 75/76B | €1,381 | €3,563 | +€2,182 | +158% |
| Recurring financial income | 75 | €1,381 | €3,563 | +€2,182 | +158% |
| Financial charges | 65/66B | €4,841 | €3,816 | -€1,025 | -21.2% |
| Recurring financial charges | 65 | €4,841 | €3,816 | -€1,025 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €4,296 | €13,692 | +€9,396 | +219% |
| Income taxes | 67/77 | €1,770 | €6,535 | +€4,765 | +269% |
| Profit (loss) for the period | 9904 | €2,526 | €7,157 | +€4,631 | +183% |
| Profit (loss) for the period to be appropriated | 9905 | €2,526 | €7,157 | +€4,631 | +183% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.