Pneus Cointe: 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 Cointe
Largest movements
- Cash -€24,918
down €24,918 (-93.1%), from €26,771 to €1,853
mainly Trade debts (-€29,240) and Receivables within one year (-€21,926)
- Receivables within one year +€21,926
up €21,926 (+89.8%), from €24,405 to €46,330
of which Other amounts receivable: +€15,680
- Tangible fixed assets -€6,077
down €6,077 (-20.7%), from €29,377 to €23,301
of which Furniture and vehicles: -€25,133
- Stocks and contracts +€4,982
up €4,982 (+27.5%), from €18,150 to €23,133
- Trade debts -€29,240
down €29,240 (-76.7%), from €38,112 to €8,872
- Tax, wage and social debts +€15,226
up €15,226 (+183%), from €8,325 to €23,551
of which Taxes: +€14,348
- Profit (loss) carried forward +€14,725
up €14,725 (+84.0%), from €17,525 to €32,250
- Debts after one year -€5,449
down €5,449 (-22.8%), from €23,944 to €18,495
- Short-term financial debts +€2,798
new in 2025: €2,798
- Gross operating margin +€16,183
up €16,183 (+66.9%), from €24,203 to €40,386
- Staff costs +€10,020
new in 2025: €10,020
- Other operating charges +€4,471
up €4,471 (+863%), from €518 to €4,989
- Financial charges +€2,767
up €2,767 (+786%), from €352 to €3,119
- Depreciation +€1,708
up €1,708 (+65.1%), from €2,623 to €4,331
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 | €99,580 | €95,436 | -€4,145 | -4.2% |
| Fixed assets | 21/28 | €29,377 | €23,301 | -€6,077 | -20.7% |
| Tangible fixed assets | 22/27 | €29,377 | €23,301 | -€6,077 | -20.7% |
| Plant, machinery and equipment | 23 | - | €19,056 | +€19,056 | |
| Furniture and vehicles | 24 | €29,377 | €4,244 | -€25,133 | -85.6% |
| Current assets | 29/58 | €70,203 | €72,135 | +€1,932 | +2.8% |
| Stocks and contracts in progress | 3 | €18,150 | €23,133 | +€4,982 | +27.5% |
| Stocks | 30/36 | €18,150 | €23,133 | +€4,982 | +27.5% |
| Amounts receivable within one year | 40/41 | €24,405 | €46,330 | +€21,926 | +89.8% |
| Trade receivables | 40 | €24,405 | €30,650 | +€6,245 | +25.6% |
| Other amounts receivable | 41 | - | €15,680 | +€15,680 | |
| Cash at bank and in hand | 54/58 | €26,771 | €1,853 | -€24,918 | -93.1% |
| Deferred charges and accrued income | 490/1 | €877 | €819 | -€58 | -6.6% |
| Total equity and liabilities | 10/49 | €99,580 | €95,436 | -€4,145 | -4.2% |
| Equity | 10/15 | €20,525 | €35,250 | +€14,725 | +71.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,525 | €32,250 | +€14,725 | +84.0% |
| Amounts payable | 17/49 | €79,055 | €60,186 | -€18,869 | -23.9% |
| Amounts payable after more than one year | 17 | €23,944 | €18,495 | -€5,449 | -22.8% |
| Financial debts | 170/4 | €23,944 | €18,495 | -€5,449 | -22.8% |
| Amounts payable within one year | 42/48 | €55,023 | €41,691 | -€13,333 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €7,451 | €6,470 | -€981 | -13.2% |
| Financial debts | 43 | - | €2,798 | +€2,798 | |
| Credit institutions | 430/8 | - | €2,798 | +€2,798 | |
| Trade debts | 44 | €38,112 | €8,872 | -€29,240 | -76.7% |
| Suppliers | 440/4 | €38,112 | €8,872 | -€29,240 | -76.7% |
| Taxes, remuneration and social security | 45 | €8,325 | €23,551 | +€15,226 | +183% |
| Taxes | 450/3 | €8,325 | €22,673 | +€14,348 | +172% |
| Remuneration and social security | 454/9 | - | €878 | +€878 | |
| Other amounts payable | 47/48 | €1,135 | - | -€1,135 | |
| Accrued charges and deferred income | 492/3 | €88 | - | -€88 | |
| Remuneration, social security and pensions | 62 | - | €10,020 | +€10,020 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,623 | €4,331 | +€1,708 | +65.1% |
| Other operating charges | 640/8 | €518 | €4,989 | +€4,471 | +863% |
| Gross operating margin | 9900 | €24,203 | €40,386 | +€16,183 | +66.9% |
| Operating profit (loss) | 9901 | €21,062 | €21,046 | -€16 | -0.1% |
| Financial income | 75/76B | €1,243 | €1,118 | -€125 | -10.0% |
| Recurring financial income | 75 | €1,243 | €1,118 | -€125 | -10.0% |
| Financial charges | 65/66B | €352 | €3,119 | +€2,767 | +786% |
| Recurring financial charges | 65 | €352 | €3,119 | +€2,767 | +786% |
| Profit (loss) for the period before taxes | 9903 | €21,953 | €19,045 | -€2,908 | -13.2% |
| Income taxes | 67/77 | €4,428 | €4,320 | -€107 | -2.4% |
| Profit (loss) for the period | 9904 | €17,525 | €14,725 | -€2,801 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,525 | €14,725 | -€2,801 | -16.0% |
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 15 October 2026 via checked.be.