SUD MOTO: 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.
What changed
SUD MOTO
NACE 46.730, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€97,399
2024 · €48,100+€49,299
Equity
€1.1m
2024 · €971,323+€97,399
Cash
€349,162
2024 · €361,997-€12,834
Balance sheet total
€1.6m
2024 · €1.5m+€131,119
Largest movements
Assets
- Stocks and contracts +€159,202
up €159,202 (+18.1%), from €878,916 to €1.0m
- Tangible fixed assets -€23,003
down €23,003 (-26.7%), from €86,118 to €63,115
of which Other tangible fixed assets: -€21,139
Equity and liabilities
- Reserves +€97,399
up €97,399 (+46.7%), from €208,690 to €306,089
of which Distributable reserves: +€97,399
- Trade debts +€52,154
up €52,154 (+27.3%), from €191,324 to €243,478
- Debts after one year -€28,577
down €28,577 (-22.7%), from €125,919 to €97,342
of which Financial debts: -€27,785
Income statement
- Gross operating margin +€83,730
up €83,730 (+16.1%), from €518,562 to €602,292
- Staff costs +€35,967
up €35,967 (+10.8%), from €331,983 to €367,950
- Write-downs -€11,940
down €11,940 (-29.6%), from €40,390 to €28,451
- Other operating charges +€8,796
up €8,796 (+99.2%), from €8,866 to €17,662
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
€48,100
Gross operating margin
+€83,730
Staff costs
-€35,967
Depreciation
-€861
Write-downs
+€11,940
Other operating charges
-€8,796
Financial income
-€177
Financial charges
+€2,679
Taxes
-€3,248
Result 2025
€97,399
raises the resultlowers the result
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.
From operations
+€21,376
Investment
-€3,722
Financing
-€30,488
Cash 2024
€361,997
From operations (derived)
+€21,376
Net result for the year
+€97,399
Depreciation
+€28,940
Stocks and contracts
-€159,202
Receivables within one year
-€6,521
Deferred charges and accrued income
-€3,448
Trade debts
+€52,154
Tax, wage and social debts
+€5,439
Accrued charges and deferred income
+€6,616
Investment (derived)
-€3,722
Investment in fixed assets (net)
-€3,722
Financing
-€30,488
Debts after one year
-€28,577
Current portion of long-term debt
-€1,911
Cash 2025
€349,162
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,452,391 | €1,583,510 | +€131,119 | +9.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €95,003 | €69,785 | -€25,218 | -26.5% |
| Intangible fixed assets | 21 | €8,885 | €6,670 | -€2,214 | -24.9% |
| Tangible fixed assets | 22/27 | €86,118 | €63,115 | -€23,003 | -26.7% |
| Plant, machinery and equipment | 23 | €1,434 | €616 | -€818 | -57.0% |
| Furniture and vehicles | 24 | €2,469 | €1,422 | -€1,047 | -42.4% |
| Other tangible fixed assets | 26 | €82,215 | €61,076 | -€21,139 | -25.7% |
| Current assets | 29/58 | €1,357,388 | €1,513,725 | +€156,336 | +11.5% |
| Stocks and contracts in progress | 3 | €878,916 | €1,038,118 | +€159,202 | +18.1% |
| Stocks | 30/36 | €878,916 | €1,038,118 | +€159,202 | +18.1% |
| Amounts receivable within one year | 40/41 | €104,223 | €110,744 | +€6,521 | +6.3% |
| Trade receivables | 40 | €100,271 | €106,342 | +€6,071 | +6.1% |
| Other amounts receivable | 41 | €3,952 | €4,402 | +€450 | +11.4% |
| Cash at bank and in hand | 54/58 | €361,997 | €349,162 | -€12,834 | -3.5% |
| Deferred charges and accrued income | 490/1 | €12,253 | €15,701 | +€3,448 | +28.1% |
| Total equity and liabilities | 10/49 | €1,452,391 | €1,583,510 | +€131,119 | +9.0% |
| Equity | 10/15 | €971,323 | €1,068,722 | +€97,399 | +10.0% |
| Contributions | 10/11 | €105,900 | €105,900 | = | 0.0% |
| Reserves | 13 | €208,690 | €306,089 | +€97,399 | +46.7% |
| Non-distributable reserves | 130/1 | €10,590 | €10,590 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,590 | €10,590 | = | 0.0% |
| Distributable reserves | 133 | €198,100 | €295,499 | +€97,399 | +49.2% |
| Profit (loss) carried forward | 14 | €656,733 | €656,733 | = | 0.0% |
| Amounts payable | 17/49 | €481,068 | €514,788 | +€33,720 | +7.0% |
| Amounts payable after more than one year | 17 | €125,919 | €97,342 | -€28,577 | -22.7% |
| Financial debts | 170/4 | €27,785 | €0 | -€27,785 | -100% |
| Other amounts payable | 178/9 | €98,134 | €97,342 | -€792 | -0.8% |
| Amounts payable within one year | 42/48 | €336,099 | €391,780 | +€55,682 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €32,197 | €30,286 | -€1,911 | -5.9% |
| Financial debts | 43 | €30,000 | €30,000 | = | 0.0% |
| Credit institutions | 430/8 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €191,324 | €243,478 | +€52,154 | +27.3% |
| Suppliers | 440/4 | €191,324 | €243,478 | +€52,154 | +27.3% |
| Taxes, remuneration and social security | 45 | €82,578 | €88,016 | +€5,439 | +6.6% |
| Taxes | 450/3 | €29,234 | €42,432 | +€13,198 | +45.1% |
| Remuneration and social security | 454/9 | €53,344 | €45,584 | -€7,760 | -14.5% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €19,050 | €25,666 | +€6,616 | +34.7% |
| Turnover | 70 | €0 | €0 | = | |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €331,983 | €367,950 | +€35,967 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,079 | €28,940 | +€861 | +3.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €40,390 | €28,451 | -€11,940 | -29.6% |
| Other operating charges | 640/8 | €8,866 | €17,662 | +€8,796 | +99.2% |
| Gross operating margin | 9900 | €518,562 | €602,292 | +€83,730 | +16.1% |
| Operating profit (loss) | 9901 | €109,243 | €159,289 | +€50,046 | +45.8% |
| Financial income | 75/76B | €326 | €149 | -€177 | -54.3% |
| Recurring financial income | 75 | €326 | €149 | -€177 | -54.3% |
| Financial charges | 65/66B | €19,833 | €17,154 | -€2,679 | -13.5% |
| Recurring financial charges | 65 | €19,833 | €17,154 | -€2,679 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €89,736 | €142,283 | +€52,547 | +58.6% |
| Income taxes | 67/77 | €41,636 | €44,884 | +€3,248 | +7.8% |
| Profit (loss) for the period | 9904 | €48,100 | €97,399 | +€49,299 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €48,100 | €97,399 | +€49,299 | +102% |
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 30 October 2026 via checked.be.