SUD MOTOR: 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 MOTOR
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.2m
2024 · €1.0m+€178,063
Equity
€944,476
2024 · €938,706+€5,770
Cash
€862,054
2024 · €650,971+€211,083
Balance sheet total
€9.2m
2024 · €9.5m-€327,457
Largest movements
Assets
- Stocks and contracts -€2.0m
down €2.0m (-33.7%), from €5.9m to €3.9m
- Receivables within one year +€1.4m
up €1.4m (+51.0%), from €2.8m to €4.3m
of which Trade receivables: +€1.9m
- Cash +€211,083
up €211,083 (+32.4%), from €650,971 to €862,054
mainly Stocks and contracts (+€2.0m) and Net result for the year (+€1.2m)
Equity and liabilities
- Trade debts -€710,247
down €710,247 (-9.9%), from €7.2m to €6.4m
- Tax, wage and social debts +€192,170
up €192,170 (+72.0%), from €266,980 to €459,150
of which Taxes: +€148,706
- Other debts +€184,554
up €184,554 (+18.4%), from €1.0m to €1.2m
Income statement
- Turnover +€10.1m
up €10.1m (+34.7%), from €29.1m to €39.2m
- Goods and materials +€9.5m
up €9.5m (+37.6%), from €25.3m to €34.8m
of which Purchases: +€6.2m
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
€1.0m
Turnover
+€10.1m
Other operating income
+€30,368
Goods and materials
-€9.5m
Services and other goods
-€147,832
Staff costs
-€128,481
Depreciation
-€1,701
Write-downs
-€119,143
Other operating charges
-€1,435
Financial income
-€5,220
Financial charges
-€35,368
Taxes
-€441
Result 2025
€1.2m
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
+€1.4m
Investment
-€33,329
Financing
-€1.2m
Cash 2024
€650,971
From operations (derived)
+€1.4m
Net result for the year
+€1.2m
Depreciation
+€34,868
Stocks and contracts
+€2.0m
Receivables within one year
-€1.4m
Deferred charges and accrued income
-€8,056
Trade debts
-€710,247
Tax, wage and social debts
+€192,170
Advances received
+€8,890
Other debts
+€184,554
Accrued charges and deferred income
+€11,663
Investment (derived)
-€33,329
Investment in fixed assets (net)
-€43,946
Current investments
+€10,617
Financing
-€1.2m
Debts after one year
-€17,053
Current portion of long-term debt
-€3,204
Contributions, distributions and other
-€1.2m
Cash 2025
€862,054
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,512,240 | €9,184,783 | -€327,457 | -3.4% |
| Fixed assets | 21/28 | €132,829 | €141,907 | +€9,078 | +6.8% |
| Intangible fixed assets | 21 | €10,252 | €5,381 | -€4,872 | -47.5% |
| Tangible fixed assets | 22/27 | €117,797 | €132,317 | +€14,520 | +12.3% |
| Plant, machinery and equipment | 23 | €29,927 | €30,321 | +€394 | +1.3% |
| Furniture and vehicles | 24 | €41,324 | €33,223 | -€8,102 | -19.6% |
| Other tangible fixed assets | 26 | €46,546 | €68,773 | +€22,228 | +47.8% |
| Financial fixed assets | 28 | €4,780 | €4,210 | -€570 | -11.9% |
| Other financial fixed assets | 284/8 | €4,780 | €4,210 | -€570 | -11.9% |
| Amounts receivable and cash guarantees | 285/8 | €4,780 | €4,210 | -€570 | -11.9% |
| Current assets | 29/58 | €9,379,411 | €9,042,876 | -€336,535 | -3.6% |
| Stocks and contracts in progress | 3 | €5,880,674 | €3,897,799 | -€2.0m | -33.7% |
| Stocks | 30/36 | €5,880,674 | €3,897,799 | -€2.0m | -33.7% |
| Goods purchased for resale | 34 | €5,880,674 | €3,897,799 | -€2.0m | -33.7% |
| Amounts receivable within one year | 40/41 | €2,821,140 | €4,258,957 | +€1.4m | +51.0% |
| Trade receivables | 40 | €2,340,159 | €4,231,883 | +€1.9m | +80.8% |
| Other amounts receivable | 41 | €480,981 | €27,074 | -€453,906 | -94.4% |
| Current investments | 50/53 | €10,617 | - | -€10,617 | |
| Other investments | 51/53 | €10,617 | - | -€10,617 | |
| Cash at bank and in hand | 54/58 | €650,971 | €862,054 | +€211,083 | +32.4% |
| Deferred charges and accrued income | 490/1 | €16,008 | €24,065 | +€8,056 | +50.3% |
| Total equity and liabilities | 10/49 | €9,512,240 | €9,184,783 | -€327,457 | -3.4% |
| Equity | 10/15 | €938,706 | €944,476 | +€5,770 | +0.6% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €688,706 | €694,476 | +€5,770 | +0.8% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €663,706 | €669,476 | +€5,770 | +0.9% |
| Amounts payable | 17/49 | €8,573,534 | €8,240,307 | -€333,227 | -3.9% |
| Amounts payable after more than one year | 17 | €17,053 | - | -€17,053 | |
| Financial debts | 170/4 | €17,053 | - | -€17,053 | |
| Credit institutions | 173 | €17,053 | - | -€17,053 | |
| Amounts payable within one year | 42/48 | €8,550,707 | €8,222,870 | -€327,837 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €20,257 | €17,053 | -€3,204 | -15.8% |
| Trade debts | 44 | €7,159,801 | €6,449,554 | -€710,247 | -9.9% |
| Suppliers | 440/4 | €7,159,801 | €6,449,554 | -€710,247 | -9.9% |
| Advances received on contracts in progress | 46 | €99,299 | €108,189 | +€8,890 | +9.0% |
| Taxes, remuneration and social security | 45 | €266,980 | €459,150 | +€192,170 | +72.0% |
| Taxes | 450/3 | €98,857 | €247,564 | +€148,706 | +150% |
| Remuneration and social security | 454/9 | €168,122 | €211,586 | +€43,463 | +25.9% |
| Other amounts payable | 47/48 | €1,004,369 | €1,188,924 | +€184,554 | +18.4% |
| Accrued charges and deferred income | 492/3 | €5,774 | €17,437 | +€11,663 | +202% |
| Operating income | 70/76A | €29,341,650 | €39,474,159 | +€10.1m | +34.5% |
| Turnover | 70 | €29,119,631 | €39,221,771 | +€10.1m | +34.7% |
| Other operating income | 74 | €222,019 | €252,388 | +€30,368 | +13.7% |
| Operating charges | 60/66A | €28,261,357 | €38,174,774 | +€9.9m | +35.1% |
| Goods for resale, raw materials and consumables | 60 | €25,302,602 | €34,817,427 | +€9.5m | +37.6% |
| Purchases | 600/8 | €26,697,120 | €32,895,729 | +€6.2m | +23.2% |
| Change in stocks: decrease (increase) | 609 | -€1,394,518 | €1,921,698 | +€3.3m | |
| Services and other goods | 61 | €1,511,966 | €1,659,798 | +€147,832 | +9.8% |
| Remuneration, social security and pensions | 62 | €1,410,854 | €1,539,335 | +€128,481 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,167 | €34,868 | +€1,701 | +5.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€57,966 | €61,177 | +€119,143 | |
| Other operating charges | 640/8 | €60,735 | €62,169 | +€1,435 | +2.4% |
| Operating profit (loss) | 9901 | €1,080,293 | €1,299,385 | +€219,092 | +20.3% |
| Financial income | 75/76B | €10,559 | €5,339 | -€5,220 | -49.4% |
| Recurring financial income | 75 | €10,559 | €5,339 | -€5,220 | -49.4% |
| Income from current assets | 751 | €10,163 | €3,310 | -€6,854 | -67.4% |
| Other financial income | 752/9 | €396 | €2,029 | +€1,634 | +413% |
| Financial charges | 65/66B | €59,791 | €95,158 | +€35,368 | +59.2% |
| Recurring financial charges | 65 | €59,791 | €95,158 | +€35,368 | +59.2% |
| Debt charges | 650 | €52,060 | €85,798 | +€33,738 | +64.8% |
| Other financial charges | 652/9 | €7,731 | €9,360 | +€1,629 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | €1,031,061 | €1,209,565 | +€178,504 | +17.3% |
| Income taxes | 67/77 | €23,353 | €23,794 | +€441 | +1.9% |
| Taxes | 670/3 | €23,353 | €23,794 | +€441 | +1.9% |
| Profit (loss) for the period | 9904 | €1,007,708 | €1,185,770 | +€178,063 | +17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,007,708 | €1,185,770 | +€178,063 | +17.7% |
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 29 October 2026 via checked.be.