ESIN 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.
ESIN PNEUS
Largest movements
- Cash -€16,904
down €16,904 (-62.5%), from €27,068 to €10,164
mainly Net result for the year (-€39,948) and Investment in fixed assets (net) (-€3,494)
- Stocks and contracts -€15,856
down €15,856 (-37.0%), from €42,899 to €27,043
- Tangible fixed assets +€1,620
up €1,620 (+101%), from €1,604 to €3,224
of which Plant, machinery and equipment: +€1,685
- Profit (loss) carried forward -€39,948
down €39,948 (-611%), from -€6,541 to -€46,489
- Other debts +€7,749
up €7,749 (+13.9%), from €55,860 to €63,609
- Gross operating margin -€40,430
down €40,430, from €29,467 to -€10,963
- Staff costs +€19,669
up €19,669 (+289%), from €6,806 to €26,474
- Other operating charges -€472
down €472 (-48.3%), from €977 to €505
- Depreciation +€409
up €409 (+27.9%), from €1,465 to €1,874
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,280 | €52,418 | -€31,862 | -37.8% |
| Fixed assets | 21/28 | €4,660 | €6,280 | +€1,620 | +34.8% |
| Tangible fixed assets | 22/27 | €1,604 | €3,224 | +€1,620 | +101% |
| Plant, machinery and equipment | 23 | €1,539 | €3,224 | +€1,685 | +109% |
| Furniture and vehicles | 24 | €65 | €0 | -€65 | -100% |
| Financial fixed assets | 28 | €3,056 | €3,056 | = | 0.0% |
| Current assets | 29/58 | €79,620 | €46,139 | -€33,481 | -42.1% |
| Stocks and contracts in progress | 3 | €42,899 | €27,043 | -€15,856 | -37.0% |
| Stocks | 30/36 | €42,899 | €27,043 | -€15,856 | -37.0% |
| Amounts receivable within one year | 40/41 | €9,157 | €8,932 | -€226 | -2.5% |
| Trade receivables | 40 | €9,157 | €8,932 | -€226 | -2.5% |
| Cash at bank and in hand | 54/58 | €27,068 | €10,164 | -€16,904 | -62.5% |
| Deferred charges and accrued income | 490/1 | €496 | - | -€496 | |
| Total equity and liabilities | 10/49 | €84,280 | €52,418 | -€31,862 | -37.8% |
| Equity | 10/15 | €3,459 | -€36,489 | -€39,948 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,541 | -€46,489 | -€39,948 | -611% |
| Amounts payable | 17/49 | €80,821 | €88,907 | +€8,086 | +10.0% |
| Amounts payable within one year | 42/48 | €80,821 | €88,907 | +€8,086 | +10.0% |
| Trade debts | 44 | €10,064 | €10,079 | +€15 | +0.2% |
| Suppliers | 440/4 | €10,064 | €10,079 | +€15 | +0.2% |
| Taxes, remuneration and social security | 45 | €14,897 | €15,219 | +€322 | +2.2% |
| Taxes | 450/3 | €10,152 | €6,875 | -€3,278 | -32.3% |
| Remuneration and social security | 454/9 | €4,745 | €8,345 | +€3,600 | +75.9% |
| Other amounts payable | 47/48 | €55,860 | €63,609 | +€7,749 | +13.9% |
| Remuneration, social security and pensions | 62 | €6,806 | €26,474 | +€19,669 | +289% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,465 | €1,874 | +€409 | +27.9% |
| Other operating charges | 640/8 | €977 | €505 | -€472 | -48.3% |
| Gross operating margin | 9900 | €29,467 | -€10,963 | -€40,430 | |
| Operating profit (loss) | 9901 | €20,220 | -€39,817 | -€60,037 | |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €255 | €131 | -€124 | -48.6% |
| Recurring financial charges | 65 | €255 | €131 | -€124 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | €19,968 | -€39,948 | -€59,916 | |
| Profit (loss) for the period | 9904 | €19,968 | -€39,948 | -€59,916 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,968 | -€39,948 | -€59,916 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.