CL Tyres: 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.
CL Tyres
Largest movements
- Cash +€174,839
up €174,839 (+189.7%), from €92,167 to €267,006
mainly Stocks and contracts (+€119,691) and Receivables within one year (+€113,290)
- Stocks and contracts -€119,691
down €119,691 (-17.5%), from €685,375 to €565,684
- Receivables within one year -€113,290
down €113,290 (-15.7%), from €720,968 to €607,678
of which Trade receivables: -€118,646
- Tangible fixed assets +€53,553
up €53,553 (+21.3%), from €251,225 to €304,777
of which Plant, machinery and equipment: +€90,220
- Short-term financial debts -€82,935
down €82,935 (-16.8%), from €492,511 to €409,577
- Other debts +€47,498
up €47,498 (+45.2%), from €104,997 to €152,495
- Debts after one year +€44,264
up €44,264 (+20.8%), from €213,137 to €257,400
- Reserves -€43,879
down €43,879 (-10.4%), from €422,194 to €378,314
of which Distributable reserves: -€43,879
- Staff costs +€93,967
up €93,967 (+75.8%), from €124,002 to €217,968
- Taxes -€25,786
down €25,786 (-53.4%), from €48,280 to €22,494
- Financial charges -€15,335
down €15,335 (-24.2%), from €63,245 to €47,910
- Depreciation +€10,753
up €10,753 (+12.8%), from €84,236 to €94,989
- Gross operating margin +€8,446
up €8,446 (+1.9%), from €441,647 to €450,093
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.
Cash bridge derived
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 | €1,759,940 | €1,756,242 | -€3,697 | -0.2% |
| Fixed assets | 21/28 | €261,430 | €309,085 | +€47,654 | +18.2% |
| Tangible fixed assets | 22/27 | €251,225 | €304,777 | +€53,553 | +21.3% |
| Land and buildings | 22 | €25,548 | €57,512 | +€31,964 | +125.1% |
| Plant, machinery and equipment | 23 | €9,192 | €99,412 | +€90,220 | +981.5% |
| Furniture and vehicles | 24 | €5,930 | €2,192 | -€3,739 | -63.0% |
| Leasing and similar rights | 25 | €210,555 | €145,662 | -€64,893 | -30.8% |
| Financial fixed assets | 28 | €10,206 | €4,307 | -€5,898 | -57.8% |
| Current assets | 29/58 | €1,498,510 | €1,447,158 | -€51,352 | -3.4% |
| Stocks and contracts in progress | 3 | €685,375 | €565,684 | -€119,691 | -17.5% |
| Stocks | 30/36 | €685,375 | €565,684 | -€119,691 | -17.5% |
| Amounts receivable within one year | 40/41 | €720,968 | €607,678 | -€113,290 | -15.7% |
| Trade receivables | 40 | €720,968 | €602,322 | -€118,646 | -16.5% |
| Other amounts receivable | 41 | - | €5,356 | +€5,356 | |
| Cash at bank and in hand | 54/58 | €92,167 | €267,006 | +€174,839 | +189.7% |
| Deferred charges and accrued income | 490/1 | - | €6,790 | +€6,790 | |
| Total equity and liabilities | 10/49 | €1,759,940 | €1,756,242 | -€3,697 | -0.2% |
| Equity | 10/15 | €473,700 | €429,820 | -€43,879 | -9.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €422,194 | €378,314 | -€43,879 | -10.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €420,194 | €376,314 | -€43,879 | -10.4% |
| Profit (loss) carried forward | 14 | €31,506 | €31,506 | = | 0.0% |
| Amounts payable | 17/49 | €1,286,240 | €1,326,422 | +€40,182 | +3.1% |
| Amounts payable after more than one year | 17 | €213,137 | €257,400 | +€44,264 | +20.8% |
| Financial debts | 170/4 | €213,137 | €257,400 | +€44,264 | +20.8% |
| Amounts payable within one year | 42/48 | €1,070,604 | €1,069,022 | -€1,582 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €73,418 | €84,797 | +€11,379 | +15.5% |
| Financial debts | 43 | €492,511 | €409,577 | -€82,935 | -16.8% |
| Credit institutions | 430/8 | €492,511 | €409,577 | -€82,935 | -16.8% |
| Trade debts | 44 | €317,024 | €322,691 | +€5,668 | +1.8% |
| Suppliers | 440/4 | €317,024 | €322,691 | +€5,668 | +1.8% |
| Taxes, remuneration and social security | 45 | €82,653 | €99,462 | +€16,809 | +20.3% |
| Taxes | 450/3 | €62,461 | €62,397 | -€64 | -0.1% |
| Remuneration and social security | 454/9 | €20,192 | €37,065 | +€16,872 | +83.6% |
| Other amounts payable | 47/48 | €104,997 | €152,495 | +€47,498 | +45.2% |
| Accrued charges and deferred income | 492/3 | €2,500 | - | -€2,500 | |
| Remuneration, social security and pensions | 62 | €124,002 | €217,968 | +€93,967 | +75.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,236 | €94,989 | +€10,753 | +12.8% |
| Other operating charges | 640/8 | €10,252 | €10,899 | +€646 | +6.3% |
| Gross operating margin | 9900 | €441,647 | €450,093 | +€8,446 | +1.9% |
| Operating profit (loss) | 9901 | €223,157 | €126,237 | -€96,920 | -43.4% |
| Financial income | 75/76B | €5,096 | €6,397 | +€1,301 | +25.5% |
| Recurring financial income | 75 | €5,096 | €6,397 | +€1,301 | +25.5% |
| Financial charges | 65/66B | €63,245 | €47,910 | -€15,335 | -24.2% |
| Recurring financial charges | 65 | €63,245 | €47,910 | -€15,335 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €165,008 | €84,724 | -€80,284 | -48.7% |
| Income taxes | 67/77 | €48,280 | €22,494 | -€25,786 | -53.4% |
| Profit (loss) for the period | 9904 | €116,728 | €62,230 | -€54,498 | -46.7% |
| Profit (loss) for the period to be appropriated | 9905 | €116,728 | €62,230 | -€54,498 | -46.7% |
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 9 October 2026 via checked.be.