INTERTYRES: what changed
Two fiscal 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.
INTERTYRES
Largest movements
- Receivables within one year +€41,008
up €41,008 (+21.7%), from €189,361 to €230,369
- Stocks and contracts +€35,314
up €35,314 (+43.1%), from €81,971 to €117,286
- Tangible fixed assets -€13,261
down €13,261 (-14.2%), from €93,063 to €79,802
of which Furniture and vehicles: -€9,993
- Profit (loss) carried forward +€95,026
up €95,026 (+111.0%), from €85,582 to €180,607
- Other debts -€89,917
down €89,917 (-47.3%), from €190,247 to €100,330
- Debts after one year +€27,249
new in 2025: €27,249
- Trade debts +€20,388
up €20,388 (+27.6%), from €73,933 to €94,321
- Current portion of long-term debt +€8,153
new in 2025: €8,153
- Gross operating margin +€16,093
up €16,093 (+12.1%), from €133,085 to €149,178
- Taxes +€3,700
up €3,700 (+16.8%), from €22,089 to €25,790
- Financial charges +€1,813
up €1,813 (+3799.0%), from €48 to €1,861
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.
Cash bridge derived
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 | €372,742 | €439,636 | +€66,894 | +17.9% |
| Fixed assets | 21/28 | €93,063 | €79,802 | -€13,261 | -14.2% |
| Tangible fixed assets | 22/27 | €93,063 | €79,802 | -€13,261 | -14.2% |
| Plant, machinery and equipment | 23 | €44,339 | €41,072 | -€3,268 | -7.4% |
| Furniture and vehicles | 24 | €48,724 | €38,730 | -€9,993 | -20.5% |
| Current assets | 29/58 | €279,679 | €359,834 | +€80,155 | +28.7% |
| Stocks and contracts in progress | 3 | €81,971 | €117,286 | +€35,314 | +43.1% |
| Stocks | 30/36 | €81,971 | €117,286 | +€35,314 | +43.1% |
| Amounts receivable within one year | 40/41 | €189,361 | €230,369 | +€41,008 | +21.7% |
| Trade receivables | 40 | €189,361 | €230,369 | +€41,008 | +21.7% |
| Cash at bank and in hand | 54/58 | €8,347 | €8,121 | -€226 | -2.7% |
| Deferred charges and accrued income | 490/1 | - | €4,058 | +€4,058 | |
| Total equity and liabilities | 10/49 | €372,742 | €439,636 | +€66,894 | +17.9% |
| Equity | 10/15 | €87,582 | €182,607 | +€95,026 | +108.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,582 | €180,607 | +€95,026 | +111.0% |
| Amounts payable | 17/49 | €285,160 | €257,029 | -€28,132 | -9.9% |
| Amounts payable after more than one year | 17 | - | €27,249 | +€27,249 | |
| Financial debts | 170/4 | - | €27,249 | +€27,249 | |
| Amounts payable within one year | 42/48 | €285,160 | €229,780 | -€55,381 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | - | €8,153 | +€8,153 | |
| Trade debts | 44 | €73,933 | €94,321 | +€20,388 | +27.6% |
| Suppliers | 440/4 | €73,933 | €94,321 | +€20,388 | +27.6% |
| Taxes, remuneration and social security | 45 | €20,981 | €26,976 | +€5,996 | +28.6% |
| Taxes | 450/3 | €20,981 | €26,976 | +€5,996 | +28.6% |
| Other amounts payable | 47/48 | €190,247 | €100,330 | -€89,917 | -47.3% |
| Remuneration, social security and pensions | 62 | €297 | €964 | +€666 | +224.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,821 | €23,571 | +€750 | +3.3% |
| Other operating charges | 640/8 | €2,247 | €1,968 | -€280 | -12.4% |
| Gross operating margin | 9900 | €133,085 | €149,178 | +€16,093 | +12.1% |
| Operating profit (loss) | 9901 | €107,719 | €122,676 | +€14,957 | +13.9% |
| Financial charges | 65/66B | €48 | €1,861 | +€1,813 | +3799.0% |
| Recurring financial charges | 65 | €48 | €1,861 | +€1,813 | +3799.0% |
| Profit (loss) for the period before taxes | 9903 | €107,671 | €120,815 | +€13,144 | +12.2% |
| Income taxes | 67/77 | €22,089 | €25,790 | +€3,700 | +16.8% |
| Profit (loss) for the period | 9904 | €85,582 | €95,026 | +€9,444 | +11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €85,582 | €95,026 | +€9,444 | +11.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.