EXPRESS 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.
EXPRESS PNEUS
Largest movements
- Receivables within one year -€26,635
down €26,635 (-86.3%), from €30,854 to €4,219
- Tangible fixed assets -€17,577
down €17,577 (-59.7%), from €29,436 to €11,859
of which Furniture and vehicles: -€14,745
- Stocks and contracts -€5,116
no longer reported in 2024 (was €5,116)
- Cash -€893
down €893 (-73.8%), from €1,209 to €316
mainly Tax, wage and social debts (-€84,902) and Trade debts (-€11,259)
- Tax, wage and social debts -€84,902
down €84,902 (-96.7%), from €87,768 to €2,865
of which Remuneration and social security: -€81,848
- Profit (loss) carried forward +€32,603
up €32,603 (+37.8%), from -€86,354 to -€53,751
- Other debts +€23,532
up €23,532 (+331%), from €7,120 to €30,652
- Trade debts -€11,259
down €11,259 (-49.9%), from €22,552 to €11,293
- Advances received -€4,752
no longer reported in 2024 (was €4,752)
- Gross operating margin +€60,047
up €60,047, from -€176 to €59,871
- Depreciation -€2,001
down €2,001 (-22.0%), from €9,074 to €7,074
- Staff costs +€1,860
up €1,860 (+12.5%), from €14,856 to €16,716
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 | €66,639 | €16,419 | -€50,220 | -75.4% |
| Formation expenses | 20 | €0 | €0 | = | 0.0% |
| Fixed assets | 21/28 | €29,461 | €11,884 | -€17,577 | -59.7% |
| Tangible fixed assets | 22/27 | €29,436 | €11,859 | -€17,577 | -59.7% |
| Plant, machinery and equipment | 23 | €5,135 | €2,303 | -€2,832 | -55.1% |
| Furniture and vehicles | 24 | €24,301 | €9,556 | -€14,745 | -60.7% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €37,179 | €4,535 | -€32,644 | -87.8% |
| Stocks and contracts in progress | 3 | €5,116 | - | -€5,116 | |
| Stocks | 30/36 | €5,116 | - | -€5,116 | |
| Amounts receivable within one year | 40/41 | €30,854 | €4,219 | -€26,635 | -86.3% |
| Trade receivables | 40 | €30,854 | €4,219 | -€26,635 | -86.3% |
| Cash at bank and in hand | 54/58 | €1,209 | €316 | -€893 | -73.8% |
| Total equity and liabilities | 10/49 | €66,639 | €16,419 | -€50,220 | -75.4% |
| Equity | 10/15 | -€67,754 | -€35,151 | +€32,603 | +48.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€86,354 | -€53,751 | +€32,603 | +37.8% |
| Amounts payable | 17/49 | €134,393 | €51,570 | -€82,823 | -61.6% |
| Amounts payable after more than one year | 17 | €6,759 | €3,956 | -€2,803 | -41.5% |
| Financial debts | 170/4 | €6,759 | €3,956 | -€2,803 | -41.5% |
| Amounts payable within one year | 42/48 | €124,862 | €47,614 | -€77,248 | -61.9% |
| Current portion of amounts payable after more than one year | 42 | €2,670 | €2,803 | +€133 | +5.0% |
| Trade debts | 44 | €22,552 | €11,293 | -€11,259 | -49.9% |
| Suppliers | 440/4 | €22,552 | €11,293 | -€11,259 | -49.9% |
| Advances received on contracts in progress | 46 | €4,752 | - | -€4,752 | |
| Taxes, remuneration and social security | 45 | €87,768 | €2,865 | -€84,902 | -96.7% |
| Taxes | 450/3 | €5,919 | €2,865 | -€3,054 | -51.6% |
| Remuneration and social security | 454/9 | €81,848 | - | -€81,848 | |
| Other amounts payable | 47/48 | €7,120 | €30,652 | +€23,532 | +331% |
| Accrued charges and deferred income | 492/3 | €2,772 | - | -€2,772 | |
| Remuneration, social security and pensions | 62 | €14,856 | €16,716 | +€1,860 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,074 | €7,074 | -€2,001 | -22.0% |
| Other operating charges | 640/8 | €1,279 | €1,337 | +€58 | +4.5% |
| Non-recurring operating charges | 66A | - | €1,412 | +€1,412 | |
| Gross operating margin | 9900 | -€176 | €59,871 | +€60,047 | |
| Operating profit (loss) | 9901 | -€25,386 | €33,332 | +€58,718 | |
| Financial income | 75/76B | €0 | €4 | +€3 | +702% |
| Recurring financial income | 75 | €0 | €4 | +€3 | +702% |
| Financial charges | 65/66B | €1,225 | €800 | -€424 | -34.7% |
| Recurring financial charges | 65 | €1,225 | €800 | -€424 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | -€26,610 | €32,536 | +€59,145 | |
| Income taxes | 67/77 | €67 | -€67 | -€134 | |
| Profit (loss) for the period | 9904 | -€26,677 | €32,603 | +€59,280 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,677 | €32,603 | +€59,280 |
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 19 October 2026 via checked.be.