Pneus 5: 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.
Pneus 5
Largest movements
- Receivables within one year -€9,271
down €9,271 (-48.9%), from €18,949 to €9,678
of which Other amounts receivable: -€9,369
- Tangible fixed assets -€2,630
down €2,630 (-64.7%), from €4,063 to €1,433
of which Furniture and vehicles: -€2,490
- Cash +€1,537
up €1,537 (+12.1%), from €12,692 to €14,229
mainly Receivables within one year (+€9,271) and Trade debts (+€3,638)
- Deferred charges and accrued income +€1,078
new in 2025: €1,078
- Profit (loss) carried forward -€14,156
down €14,156 (-77.8%), from -€18,202 to -€32,358
- Trade debts +€3,638
up €3,638 (+26.6%), from €13,689 to €17,327
- Other debts +€1,839
new in 2025: €1,839
- Advances received -€1,560
no longer reported in 2025 (was €1,560)
- Tax, wage and social debts +€1,180
up €1,180 (+3.7%), from €32,067 to €33,247
of which Taxes: +€6,454
- Gross operating margin +€45,646
up €45,646 (+92.1%), from €49,573 to €95,219
- Staff costs +€15,597
up €15,597 (+18.4%), from €84,927 to €100,524
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 | €47,714 | €38,654 | -€9,060 | -19.0% |
| Fixed assets | 21/28 | €11,605 | €8,726 | -€2,879 | -24.8% |
| Intangible fixed assets | 21 | €942 | €692 | -€250 | -26.5% |
| Tangible fixed assets | 22/27 | €4,063 | €1,433 | -€2,630 | -64.7% |
| Plant, machinery and equipment | 23 | €417 | €278 | -€139 | -33.4% |
| Furniture and vehicles | 24 | €3,646 | €1,156 | -€2,490 | -68.3% |
| Financial fixed assets | 28 | €6,600 | €6,600 | = | 0.0% |
| Current assets | 29/58 | €36,109 | €29,928 | -€6,181 | -17.1% |
| Stocks and contracts in progress | 3 | €4,468 | €4,943 | +€475 | +10.6% |
| Stocks | 30/36 | €4,468 | €4,943 | +€475 | +10.6% |
| Amounts receivable within one year | 40/41 | €18,949 | €9,678 | -€9,271 | -48.9% |
| Trade receivables | 40 | €9,580 | €9,678 | +€98 | +1.0% |
| Other amounts receivable | 41 | €9,369 | - | -€9,369 | |
| Cash at bank and in hand | 54/58 | €12,692 | €14,229 | +€1,537 | +12.1% |
| Deferred charges and accrued income | 490/1 | - | €1,078 | +€1,078 | |
| Total equity and liabilities | 10/49 | €47,714 | €38,654 | -€9,060 | -19.0% |
| Equity | 10/15 | €398 | -€13,758 | -€14,156 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,202 | -€32,358 | -€14,156 | -77.8% |
| Amounts payable | 17/49 | €47,316 | €52,412 | +€5,096 | +10.8% |
| Amounts payable within one year | 42/48 | €47,316 | €52,412 | +€5,096 | +10.8% |
| Trade debts | 44 | €13,689 | €17,327 | +€3,638 | +26.6% |
| Suppliers | 440/4 | €13,689 | €17,327 | +€3,638 | +26.6% |
| Advances received on contracts in progress | 46 | €1,560 | - | -€1,560 | |
| Taxes, remuneration and social security | 45 | €32,067 | €33,247 | +€1,180 | +3.7% |
| Taxes | 450/3 | €6,465 | €12,919 | +€6,454 | +99.8% |
| Remuneration and social security | 454/9 | €25,602 | €20,328 | -€5,274 | -20.6% |
| Other amounts payable | 47/48 | - | €1,839 | +€1,839 | |
| Remuneration, social security and pensions | 62 | €84,927 | €100,524 | +€15,597 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,819 | €2,879 | +€60 | +2.1% |
| Other operating charges | 640/8 | €5,639 | €5,230 | -€409 | -7.2% |
| Non-recurring operating charges | 66A | - | €500 | +€500 | |
| Gross operating margin | 9900 | €49,573 | €95,219 | +€45,646 | +92.1% |
| Operating profit (loss) | 9901 | -€43,812 | -€13,915 | +€29,897 | +68.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €454 | €242 | -€212 | -46.6% |
| Recurring financial charges | 65 | €454 | €242 | -€212 | -46.6% |
| Profit (loss) for the period before taxes | 9903 | -€44,266 | -€14,156 | +€30,110 | +68.0% |
| Income taxes | 67/77 | €829 | - | -€829 | |
| Profit (loss) for the period | 9904 | -€45,095 | -€14,156 | +€30,939 | +68.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,095 | -€14,156 | +€30,939 | +68.6% |
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 20 October 2026 via checked.be.