BRAINE 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.
BRAINE PNEUS
Largest movements
- Tangible fixed assets -€74,081
down €74,081 (-62.5%), from €118,576 to €44,495
of which Furniture and vehicles: -€62,735
- Receivables within one year -€72,170
down €72,170 (-40.9%), from €176,297 to €104,127
of which Other amounts receivable: -€42,985
- Cash +€63,550
up €63,550 (+21.4%), from €297,481 to €361,031
mainly Net result for the year (+€113,457) and Receivables within one year (+€72,170)
- Stocks and contracts +€11,638
up €11,638 (+12.5%), from €92,937 to €104,574
- Deferred charges and accrued income +€7,208
new in 2025: €7,208
- Other debts -€128,816
no longer reported in 2025 (was €128,816)
- Profit (loss) carried forward +€43,457
up €43,457 (+30.2%), from €143,996 to €187,453
- Tax, wage and social debts +€23,874
up €23,874 (+26.2%), from €90,990 to €114,865
of which Taxes: +€20,075
- Gross operating margin +€55,930
up €55,930 (+14.5%), from €385,877 to €441,807
- Financial charges +€28,715
up €28,715 (+40,161%), from €72 to €28,787
- Depreciation -€16,869
down €16,869 (-37.8%), from €44,669 to €27,800
- Taxes +€5,093
up €5,093 (+22.8%), from €22,338 to €27,432
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 | €691,353 | €624,498 | -€66,855 | -9.7% |
| Fixed assets | 21/28 | €124,638 | €47,557 | -€77,081 | -61.8% |
| Tangible fixed assets | 22/27 | €118,576 | €44,495 | -€74,081 | -62.5% |
| Plant, machinery and equipment | 23 | €52,557 | €41,212 | -€11,346 | -21.6% |
| Furniture and vehicles | 24 | €66,018 | €3,283 | -€62,735 | -95.0% |
| Financial fixed assets | 28 | €6,062 | €3,062 | -€3,000 | -49.5% |
| Current assets | 29/58 | €566,715 | €576,941 | +€10,226 | +1.8% |
| Stocks and contracts in progress | 3 | €92,937 | €104,574 | +€11,638 | +12.5% |
| Stocks | 30/36 | €92,937 | €104,574 | +€11,638 | +12.5% |
| Amounts receivable within one year | 40/41 | €176,297 | €104,127 | -€72,170 | -40.9% |
| Trade receivables | 40 | €133,311 | €104,127 | -€29,184 | -21.9% |
| Other amounts receivable | 41 | €42,985 | - | -€42,985 | |
| Cash at bank and in hand | 54/58 | €297,481 | €361,031 | +€63,550 | +21.4% |
| Deferred charges and accrued income | 490/1 | - | €7,208 | +€7,208 | |
| Total equity and liabilities | 10/49 | €691,353 | €624,498 | -€66,855 | -9.7% |
| Equity | 10/15 | €385,833 | €429,290 | +€43,457 | +11.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €179,837 | €179,837 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €173,637 | €173,637 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €143,996 | €187,453 | +€43,457 | +30.2% |
| Amounts payable | 17/49 | €305,520 | €195,208 | -€110,312 | -36.1% |
| Amounts payable within one year | 42/48 | €305,520 | €195,208 | -€110,312 | -36.1% |
| Trade debts | 44 | €85,714 | €80,343 | -€5,370 | -6.3% |
| Suppliers | 440/4 | €85,714 | €80,343 | -€5,370 | -6.3% |
| Taxes, remuneration and social security | 45 | €90,990 | €114,865 | +€23,874 | +26.2% |
| Taxes | 450/3 | €65,841 | €85,916 | +€20,075 | +30.5% |
| Remuneration and social security | 454/9 | €25,150 | €28,949 | +€3,799 | +15.1% |
| Other amounts payable | 47/48 | €128,816 | - | -€128,816 | |
| Remuneration, social security and pensions | 62 | €242,348 | €246,130 | +€3,782 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,669 | €27,800 | -€16,869 | -37.8% |
| Other operating charges | 640/8 | €2,349 | €5,413 | +€3,064 | +130% |
| Non-recurring operating charges | 66A | €177 | €2,378 | +€2,201 | +1,246% |
| Gross operating margin | 9900 | €385,877 | €441,807 | +€55,930 | +14.5% |
| Operating profit (loss) | 9901 | €96,334 | €160,087 | +€63,753 | +66.2% |
| Financial income | 75/76B | €9,615 | €9,589 | -€26 | -0.3% |
| Recurring financial income | 75 | €9,615 | €9,589 | -€26 | -0.3% |
| Financial charges | 65/66B | €72 | €28,787 | +€28,715 | +40,161% |
| Recurring financial charges | 65 | €72 | €28,787 | +€28,715 | +40,161% |
| Profit (loss) for the period before taxes | 9903 | €105,877 | €140,889 | +€35,011 | +33.1% |
| Income taxes | 67/77 | €22,338 | €27,432 | +€5,093 | +22.8% |
| Profit (loss) for the period | 9904 | €83,539 | €113,457 | +€29,918 | +35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €83,539 | €113,457 | +€29,918 | +35.8% |
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 27 October 2026 via checked.be.