Espace 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.
Espace Pneus
Largest movements
- Receivables within one year +€94,665
up €94,665 (+54.1%), from €175,090 to €269,755
of which Trade receivables: +€83,012
- Tangible fixed assets -€21,722
down €21,722 (-26.5%), from €81,983 to €60,261
of which Furniture and vehicles: -€13,364
- Cash +€11,664
up €11,664 (+156%), from €7,485 to €19,149
mainly Net result for the year (+€99,442) and Tax, wage and social debts (+€34,716)
- Stocks and contracts -€5,160
down €5,160 (-4.4%), from €116,847 to €111,687
- Profit (loss) carried forward +€99,442
up €99,442 (+190%), from €52,346 to €151,788
- Short-term financial debts -€47,332
no longer reported in 2025 (was €47,332)
- Tax, wage and social debts +€34,716
up €34,716 (+60.5%), from €57,383 to €92,099
of which Taxes: +€28,976
- Trade debts -€21,460
down €21,460 (-10.6%), from €202,397 to €180,937
- Debts after one year +€16,824
up €16,824 (+1,685%), from €999 to €17,823
- Turnover -€1.8m
no longer reported in 2025 (was €1.8m)
- Purchases and services -€1.3m
no longer reported in 2025 (was €1.3m)
- Gross operating margin +€69,891
up €69,891 (+14.9%), from €469,469 to €539,360
- Staff costs +€32,897
up €32,897 (+9.8%), from €336,234 to €369,131
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 | €402,658 | €489,296 | +€86,638 | +21.5% |
| Fixed assets | 21/28 | €103,236 | €84,308 | -€18,928 | -18.3% |
| Tangible fixed assets | 22/27 | €81,983 | €60,261 | -€21,722 | -26.5% |
| Plant, machinery and equipment | 23 | €13,475 | €8,295 | -€5,180 | -38.4% |
| Furniture and vehicles | 24 | €53,503 | €40,139 | -€13,364 | -25.0% |
| Other tangible fixed assets | 26 | €15,005 | €11,827 | -€3,178 | -21.2% |
| Financial fixed assets | 28 | €21,253 | €24,047 | +€2,794 | +13.1% |
| Current assets | 29/58 | €299,422 | €404,988 | +€105,566 | +35.3% |
| Stocks and contracts in progress | 3 | €116,847 | €111,687 | -€5,160 | -4.4% |
| Stocks | 30/36 | €116,847 | €111,687 | -€5,160 | -4.4% |
| Amounts receivable within one year | 40/41 | €175,090 | €269,755 | +€94,665 | +54.1% |
| Trade receivables | 40 | €160,771 | €243,783 | +€83,012 | +51.6% |
| Other amounts receivable | 41 | €14,319 | €25,972 | +€11,653 | +81.4% |
| Cash at bank and in hand | 54/58 | €7,485 | €19,149 | +€11,664 | +156% |
| Deferred charges and accrued income | 490/1 | - | €4,397 | +€4,397 | |
| Total equity and liabilities | 10/49 | €402,658 | €489,296 | +€86,638 | +21.5% |
| Equity | 10/15 | €58,546 | €157,988 | +€99,442 | +170% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,346 | €151,788 | +€99,442 | +190% |
| Amounts payable | 17/49 | €344,113 | €331,308 | -€12,805 | -3.7% |
| Amounts payable after more than one year | 17 | €999 | €17,823 | +€16,824 | +1,685% |
| Financial debts | 170/4 | €999 | €17,823 | +€16,824 | +1,685% |
| Amounts payable within one year | 42/48 | €343,114 | €313,485 | -€29,629 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €36,002 | €40,449 | +€4,447 | +12.4% |
| Financial debts | 43 | €47,332 | - | -€47,332 | |
| Credit institutions | 430/8 | €47,332 | - | -€47,332 | |
| Trade debts | 44 | €202,397 | €180,937 | -€21,460 | -10.6% |
| Suppliers | 440/4 | €202,397 | €180,937 | -€21,460 | -10.6% |
| Taxes, remuneration and social security | 45 | €57,383 | €92,099 | +€34,716 | +60.5% |
| Taxes | 450/3 | €34,882 | €63,858 | +€28,976 | +83.1% |
| Remuneration and social security | 454/9 | €22,501 | €28,241 | +€5,740 | +25.5% |
| Turnover | 70 | €1,772,758 | - | -€1.8m | |
| Non-recurring operating income | 76A | - | €310 | +€310 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,306,174 | - | -€1.3m | |
| Remuneration, social security and pensions | 62 | €336,234 | €369,131 | +€32,897 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,104 | €23,126 | +€1,022 | +4.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,368 | +€1,368 | |
| Other operating charges | 640/8 | €1,543 | €1,348 | -€195 | -12.7% |
| Non-recurring operating charges | 66A | - | €2,381 | +€2,381 | |
| Gross operating margin | 9900 | €469,469 | €539,360 | +€69,891 | +14.9% |
| Operating profit (loss) | 9901 | €109,587 | €142,006 | +€32,419 | +29.6% |
| Financial income | 75/76B | €2,301 | €3,638 | +€1,337 | +58.1% |
| Recurring financial income | 75 | €2,301 | €3,638 | +€1,337 | +58.1% |
| Financial charges | 65/66B | €14,468 | €12,696 | -€1,772 | -12.2% |
| Recurring financial charges | 65 | €14,468 | €12,696 | -€1,772 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €97,420 | €132,948 | +€35,528 | +36.5% |
| Income taxes | 67/77 | €21,266 | €33,506 | +€12,240 | +57.6% |
| Profit (loss) for the period | 9904 | €76,154 | €99,442 | +€23,288 | +30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €76,154 | €99,442 | +€23,288 | +30.6% |
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 14 October 2026 via checked.be.