EREN 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.
EREN PNEUS
Largest movements
- Cash -€5,298
down €5,298 (-94.3%), from €5,619 to €321
mainly Stocks and contracts (-€5,104) and Investment in fixed assets (net) (-€3,607)
- Stocks and contracts +€5,104
up €5,104 (+60.2%), from €8,486 to €13,590
- Tangible fixed assets -€1,754
down €1,754 (-21.8%), from €8,033 to €6,279
of which Leasing and similar rights: -€4,820
- Receivables within one year +€1,555
new in 2025: €1,555
- Trade debts +€1,986
up €1,986 (+275%), from €722 to €2,708
- Current portion of long-term debt -€1,354
down €1,354 (-45.3%), from €2,986 to €1,632
- Debts after one year -€1,235
no longer reported in 2025 (was €1,235)
- Profit (loss) carried forward +€375
up €375 (+6.7%), from €5,609 to €5,984
- Taxes -€1,949
down €1,949 (-74.4%), from €2,619 to €670
- Other operating charges +€1,524
up €1,524 (+115%), from €1,323 to €2,848
- Staff costs +€579
new in 2025: €579
- Depreciation +€541
up €541 (+11.2%), from €4,820 to €5,361
- Gross operating margin -€109
down €109 (-1.0%), from €10,582 to €10,473
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 | €22,705 | €22,226 | -€479 | -2.1% |
| Fixed assets | 21/28 | €8,513 | €6,759 | -€1,754 | -20.6% |
| Tangible fixed assets | 22/27 | €8,033 | €6,279 | -€1,754 | -21.8% |
| Plant, machinery and equipment | 23 | - | €3,066 | +€3,066 | |
| Leasing and similar rights | 25 | €8,033 | €3,213 | -€4,820 | -60.0% |
| Financial fixed assets | 28 | €480 | €480 | = | 0.0% |
| Current assets | 29/58 | €14,192 | €15,467 | +€1,275 | +9.0% |
| Stocks and contracts in progress | 3 | €8,486 | €13,590 | +€5,104 | +60.2% |
| Stocks | 30/36 | €8,486 | €13,590 | +€5,104 | +60.2% |
| Amounts receivable within one year | 40/41 | - | €1,555 | +€1,555 | |
| Other amounts receivable | 41 | - | €1,555 | +€1,555 | |
| Cash at bank and in hand | 54/58 | €5,619 | €321 | -€5,298 | -94.3% |
| Deferred charges and accrued income | 490/1 | €87 | - | -€87 | |
| Total equity and liabilities | 10/49 | €22,705 | €22,226 | -€479 | -2.1% |
| Equity | 10/15 | €11,809 | €12,184 | +€375 | +3.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,609 | €5,984 | +€375 | +6.7% |
| Amounts payable | 17/49 | €10,896 | €10,042 | -€854 | -7.8% |
| Amounts payable after more than one year | 17 | €1,235 | - | -€1,235 | |
| Financial debts | 170/4 | €1,235 | - | -€1,235 | |
| Amounts payable within one year | 42/48 | €9,661 | €10,042 | +€381 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €2,986 | €1,632 | -€1,354 | -45.3% |
| Trade debts | 44 | €722 | €2,708 | +€1,986 | +275% |
| Suppliers | 440/4 | €722 | €2,708 | +€1,986 | +275% |
| Taxes, remuneration and social security | 45 | €5,862 | €5,702 | -€160 | -2.7% |
| Taxes | 450/3 | €4,612 | €4,452 | -€160 | -3.5% |
| Remuneration and social security | 454/9 | €1,250 | €1,250 | = | 0.0% |
| Other amounts payable | 47/48 | €91 | - | -€91 | |
| Remuneration, social security and pensions | 62 | - | €579 | +€579 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,820 | €5,361 | +€541 | +11.2% |
| Other operating charges | 640/8 | €1,323 | €2,848 | +€1,524 | +115% |
| Gross operating margin | 9900 | €10,582 | €10,473 | -€109 | -1.0% |
| Operating profit (loss) | 9901 | €4,439 | €1,685 | -€2,754 | -62.0% |
| Financial charges | 65/66B | €747 | €640 | -€107 | -14.3% |
| Recurring financial charges | 65 | €747 | €640 | -€107 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €3,692 | €1,044 | -€2,647 | -71.7% |
| Income taxes | 67/77 | €2,619 | €670 | -€1,949 | -74.4% |
| Profit (loss) for the period | 9904 | €1,073 | €375 | -€698 | -65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,073 | €375 | -€698 | -65.1% |
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 31 October 2026 via checked.be.