GO 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.
GO PNEUS
Largest movements
- Cash +€4,277
up €4,277 (+117%), from €3,640 to €7,917
mainly Net result for the year (+€4,212) and Depreciation (+€3,630)
- Tangible fixed assets -€3,630
down €3,630 (-61.0%), from €5,952 to €2,322
of which Plant, machinery and equipment: -€3,656
- Stocks and contracts -€1,869
down €1,869 (-17.9%), from €10,425 to €8,556
- Receivables within one year +€765
up €765 (+11.9%), from €6,446 to €7,211
of which Trade receivables: +€3,162
- Tax, wage and social debts -€4,669
down €4,669 (-54.8%), from €8,525 to €3,856
- Profit (loss) carried forward +€4,212
up €4,212 (+42.6%), from €9,878 to €14,090
- Taxes -€1,123
no longer reported in 2025 (was €1,123)
- Gross operating margin -€702
down €702 (-7.9%), from €8,941 to €8,239
- Other operating charges -€370
down €370 (-53.7%), from €689 to €319
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 | €26,463 | €26,006 | -€457 | -1.7% |
| Fixed assets | 21/28 | €5,952 | €2,322 | -€3,630 | -61.0% |
| Tangible fixed assets | 22/27 | €5,952 | €2,322 | -€3,630 | -61.0% |
| Plant, machinery and equipment | 23 | €3,656 | - | -€3,656 | |
| Furniture and vehicles | 24 | €2,296 | €2,322 | +€26 | +1.1% |
| Current assets | 29/58 | €20,511 | €23,684 | +€3,173 | +15.5% |
| Stocks and contracts in progress | 3 | €10,425 | €8,556 | -€1,869 | -17.9% |
| Stocks | 30/36 | €10,425 | €8,556 | -€1,869 | -17.9% |
| Amounts receivable within one year | 40/41 | €6,446 | €7,211 | +€765 | +11.9% |
| Trade receivables | 40 | €3,588 | €6,749 | +€3,162 | +88.1% |
| Other amounts receivable | 41 | €2,858 | €462 | -€2,397 | -83.9% |
| Cash at bank and in hand | 54/58 | €3,640 | €7,917 | +€4,277 | +117% |
| Total equity and liabilities | 10/49 | €26,463 | €26,006 | -€457 | -1.7% |
| Equity | 10/15 | €17,938 | €22,150 | +€4,212 | +23.5% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,878 | €14,090 | +€4,212 | +42.6% |
| Amounts payable | 17/49 | €8,525 | €3,856 | -€4,669 | -54.8% |
| Amounts payable within one year | 42/48 | €8,525 | €3,856 | -€4,669 | -54.8% |
| Taxes, remuneration and social security | 45 | €8,525 | €3,856 | -€4,669 | -54.8% |
| Taxes | 450/3 | €8,525 | €3,856 | -€4,669 | -54.8% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €78 | +€78 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,678 | €3,630 | -€48 | -1.3% |
| Other operating charges | 640/8 | €689 | €319 | -€370 | -53.7% |
| Gross operating margin | 9900 | €8,941 | €8,239 | -€702 | -7.9% |
| Operating profit (loss) | 9901 | €4,575 | €4,290 | -€285 | -6.2% |
| Financial charges | 65/66B | €83 | €78 | -€5 | -5.6% |
| Recurring financial charges | 65 | €83 | €78 | -€5 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €4,492 | €4,212 | -€280 | -6.2% |
| Income taxes | 67/77 | €1,123 | - | -€1,123 | |
| Profit (loss) for the period | 9904 | €3,369 | €4,212 | +€843 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,369 | €4,212 | +€843 | +25.0% |
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 20 October 2026 via checked.be.