AKGUL PNEUS: 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.
AKGUL PNEUS
Largest movements
- Cash +€16,424
up €16,424 (+176%), from €9,344 to €25,768
mainly Receivables within one year (+€12,093) and Depreciation (+€11,971)
- Receivables within one year -€12,093
down €12,093 (-83.3%), from €14,511 to €2,419
of which Trade receivables: -€12,660
- Tangible fixed assets -€6,672
down €6,672 (-2.4%), from €277,167 to €270,494
of which Land and buildings: -€8,371
- Debts after one year -€10,922
down €10,922 (-5.5%), from €199,067 to €188,145
- Profit (loss) carried forward +€7,090
up €7,090 (+41.9%), from €16,907 to €23,997
- Staff costs -€10,775
down €10,775 (-26.8%), from €40,268 to €29,493
- Depreciation -€6,297
down €6,297 (-34.5%), from €18,268 to €11,971
- Other operating charges +€3,409
up €3,409 (+69.4%), from €4,912 to €8,321
- Financial charges -€849
down €849 (-6.1%), from €13,809 to €12,960
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 | €356,494 | €353,605 | -€2,889 | -0.8% |
| Fixed assets | 21/28 | €277,167 | €270,494 | -€6,672 | -2.4% |
| Tangible fixed assets | 22/27 | €277,167 | €270,494 | -€6,672 | -2.4% |
| Land and buildings | 22 | €258,326 | €249,956 | -€8,371 | -3.2% |
| Plant, machinery and equipment | 23 | €1,153 | €403 | -€750 | -65.0% |
| Furniture and vehicles | 24 | €16,497 | €19,545 | +€3,048 | +18.5% |
| Other tangible fixed assets | 26 | €1,190 | €590 | -€600 | -50.4% |
| Current assets | 29/58 | €79,327 | €83,111 | +€3,784 | +4.8% |
| Stocks and contracts in progress | 3 | €55,472 | €54,100 | -€1,372 | -2.5% |
| Stocks | 30/36 | €55,472 | €54,100 | -€1,372 | -2.5% |
| Amounts receivable within one year | 40/41 | €14,511 | €2,419 | -€12,093 | -83.3% |
| Trade receivables | 40 | €14,511 | €1,851 | -€12,660 | -87.2% |
| Other amounts receivable | 41 | - | €568 | +€568 | |
| Cash at bank and in hand | 54/58 | €9,344 | €25,768 | +€16,424 | +176% |
| Deferred charges and accrued income | 490/1 | - | €824 | +€824 | |
| Total equity and liabilities | 10/49 | €356,494 | €353,605 | -€2,889 | -0.8% |
| Equity | 10/15 | €21,907 | €28,997 | +€7,090 | +32.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,907 | €23,997 | +€7,090 | +41.9% |
| Amounts payable | 17/49 | €334,587 | €324,608 | -€9,979 | -3.0% |
| Amounts payable after more than one year | 17 | €199,067 | €188,145 | -€10,922 | -5.5% |
| Financial debts | 170/4 | €199,067 | €188,145 | -€10,922 | -5.5% |
| Amounts payable within one year | 42/48 | €135,521 | €136,464 | +€943 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €11,181 | €11,806 | +€625 | +5.6% |
| Trade debts | 44 | €8,009 | €8,194 | +€185 | +2.3% |
| Suppliers | 440/4 | €8,009 | €8,194 | +€185 | +2.3% |
| Taxes, remuneration and social security | 45 | €25,630 | €22,622 | -€3,008 | -11.7% |
| Taxes | 450/3 | €22,050 | €20,204 | -€1,846 | -8.4% |
| Remuneration and social security | 454/9 | €3,580 | €2,418 | -€1,162 | -32.5% |
| Other amounts payable | 47/48 | €90,701 | €93,841 | +€3,141 | +3.5% |
| Non-recurring operating income | 76A | - | €4,561 | +€4,561 | |
| Remuneration, social security and pensions | 62 | €40,268 | €29,493 | -€10,775 | -26.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,268 | €11,971 | -€6,297 | -34.5% |
| Other operating charges | 640/8 | €4,912 | €8,321 | +€3,409 | +69.4% |
| Gross operating margin | 9900 | €70,032 | €70,527 | +€495 | +0.7% |
| Operating profit (loss) | 9901 | €6,584 | €20,742 | +€14,158 | +215% |
| Financial income | 75/76B | - | €47 | +€47 | |
| Recurring financial income | 75 | - | €47 | +€47 | |
| Financial charges | 65/66B | €13,809 | €12,960 | -€849 | -6.1% |
| Recurring financial charges | 65 | €13,809 | €12,960 | -€849 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,225 | €7,829 | +€15,054 | |
| Income taxes | 67/77 | €1,254 | €739 | -€515 | -41.1% |
| Profit (loss) for the period | 9904 | -€8,479 | €7,090 | +€15,569 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,479 | €7,090 | +€15,569 |
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 1 November 2026 via checked.be.