IRIS TYRE CENTER: 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.
IRIS TYRE CENTER
Largest movements
- Tangible fixed assets -€33,928
down €33,928 (-26.8%), from €126,608 to €92,680
of which Plant, machinery and equipment: -€19,277
- Cash +€14,137
up €14,137 (+90.5%), from €15,623 to €29,760
mainly Depreciation (+€28,860) and Tax, wage and social debts (+€8,933)
- Stocks and contracts -€4,422
down €4,422 (-6.4%), from €69,498 to €65,076
- Deferred charges and accrued income -€2,822
down €2,822 (-40.6%), from €6,948 to €4,125
- Trade debts -€9,302
down €9,302 (-31.2%), from €29,841 to €20,539
- Tax, wage and social debts +€8,933
up €8,933 (+75.5%), from €11,831 to €20,764
of which Taxes: +€5,158
- Other debts -€8,000
no longer reported in 2025 (was €8,000)
- Investment grants -€6,921
down €6,921 (-33.3%), from €20,764 to €13,843
- Profit (loss) carried forward -€4,766
down €4,766 (-42.4%), from -€11,233 to -€15,999
- Gross operating margin +€14,952
up €14,952 (+14.8%), from €101,279 to €116,230
- Staff costs +€11,801
up €11,801 (+13.7%), from €86,426 to €98,227
- Other operating charges +€4,172
up €4,172 (+290%), from €1,437 to €5,609
- Depreciation -€2,459
down €2,459 (-7.8%), from €31,319 to €28,860
- Financial income +€1,428
up €1,428 (+20.5%), from €6,970 to €8,398
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 | €278,271 | €253,265 | -€25,006 | -9.0% |
| Fixed assets | 21/28 | €127,171 | €93,243 | -€33,928 | -26.7% |
| Tangible fixed assets | 22/27 | €126,608 | €92,680 | -€33,928 | -26.8% |
| Plant, machinery and equipment | 23 | €47,572 | €28,295 | -€19,277 | -40.5% |
| Other tangible fixed assets | 26 | €79,035 | €64,384 | -€14,651 | -18.5% |
| Financial fixed assets | 28 | €563 | €563 | = | 0.0% |
| Current assets | 29/58 | €151,101 | €160,022 | +€8,922 | +5.9% |
| Stocks and contracts in progress | 3 | €69,498 | €65,076 | -€4,422 | -6.4% |
| Stocks | 30/36 | €69,498 | €65,076 | -€4,422 | -6.4% |
| Amounts receivable within one year | 40/41 | €59,032 | €61,061 | +€2,028 | +3.4% |
| Trade receivables | 40 | €57,032 | €59,008 | +€1,975 | +3.5% |
| Other amounts receivable | 41 | €2,000 | €2,053 | +€53 | +2.7% |
| Cash at bank and in hand | 54/58 | €15,623 | €29,760 | +€14,137 | +90.5% |
| Deferred charges and accrued income | 490/1 | €6,948 | €4,125 | -€2,822 | -40.6% |
| Total equity and liabilities | 10/49 | €278,271 | €253,265 | -€25,006 | -9.0% |
| Equity | 10/15 | €39,410 | €23,783 | -€15,627 | -39.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €9,879 | €5,940 | -€3,940 | -39.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,879 | €3,940 | -€3,940 | -50.0% |
| Profit (loss) carried forward | 14 | -€11,233 | -€15,999 | -€4,766 | -42.4% |
| Investment grants | 15 | €20,764 | €13,843 | -€6,921 | -33.3% |
| Provisions and deferred taxes | 16 | €2,019 | €1,010 | -€1,010 | -50.0% |
| Deferred taxes | 168 | €2,019 | €1,010 | -€1,010 | -50.0% |
| Amounts payable | 17/49 | €236,842 | €228,472 | -€8,370 | -3.5% |
| Amounts payable after more than one year | 17 | €187,169 | €187,169 | = | 0.0% |
| Other amounts payable | 178/9 | €187,169 | €187,169 | = | 0.0% |
| Amounts payable within one year | 42/48 | €49,673 | €41,303 | -€8,370 | -16.8% |
| Trade debts | 44 | €29,841 | €20,539 | -€9,302 | -31.2% |
| Suppliers | 440/4 | €29,841 | €20,539 | -€9,302 | -31.2% |
| Taxes, remuneration and social security | 45 | €11,831 | €20,764 | +€8,933 | +75.5% |
| Taxes | 450/3 | €5,501 | €10,659 | +€5,158 | +93.8% |
| Remuneration and social security | 454/9 | €6,330 | €10,105 | +€3,775 | +59.6% |
| Other amounts payable | 47/48 | €8,000 | - | -€8,000 | |
| Remuneration, social security and pensions | 62 | €86,426 | €98,227 | +€11,801 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,319 | €28,860 | -€2,459 | -7.8% |
| Other operating charges | 640/8 | €1,437 | €5,609 | +€4,172 | +290% |
| Gross operating margin | 9900 | €101,279 | €116,230 | +€14,952 | +14.8% |
| Operating profit (loss) | 9901 | -€17,903 | -€16,466 | +€1,437 | +8.0% |
| Financial income | 75/76B | €6,970 | €8,398 | +€1,428 | +20.5% |
| Recurring financial income | 75 | €6,970 | €8,398 | +€1,428 | +20.5% |
| Financial charges | 65/66B | €1,427 | €1,647 | +€221 | +15.5% |
| Recurring financial charges | 65 | €1,427 | €1,647 | +€221 | +15.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,360 | -€9,715 | +€2,645 | +21.4% |
| Transfer from deferred taxes | 780 | €1,010 | €1,010 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€11,350 | -€8,706 | +€2,645 | +23.3% |
| Transfer from tax-exempt reserves | 789 | €3,940 | €3,940 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,410 | -€4,766 | +€2,645 | +35.7% |
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 28 October 2026 via checked.be.