Pneus Mosan: 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 Mosan
Largest movements
- Tangible fixed assets -€53,548
down €53,548 (-19.0%), from €282,479 to €228,931
of which Plant, machinery and equipment: -€45,895
- Receivables within one year -€43,347
down €43,347 (-10.0%), from €434,009 to €390,661
of which Trade receivables: -€73,144
- Cash -€42,192
down €42,192 (-20.4%), from €206,552 to €164,360
mainly Trade debts (-€135,648) and Other debts (-€88,868)
- Stocks and contracts +€14,530
up €14,530 (+8.8%), from €164,476 to €179,006
- Trade debts -€135,648
down €135,648 (-45.2%), from €300,431 to €164,783
- Debts after one year +€123,651
up €123,651 (+235%), from €52,517 to €176,168
- Other debts -€88,868
down €88,868 (-53.7%), from €165,519 to €76,651
- Profit (loss) carried forward -€39,545
down €39,545 (-21.8%), from €181,617 to €142,072
- Current portion of long-term debt +€30,462
up €30,462 (+240%), from €12,671 to €43,134
- Staff costs +€151,771
up €151,771 (+36.2%), from €418,880 to €570,651
- Taxes -€23,195
down €23,195 (-98.4%), from €23,584 to €388
- Gross operating margin +€22,700
up €22,700 (+3.9%), from €575,975 to €598,675
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 | €1,098,479 | €973,789 | -€124,690 | -11.4% |
| Fixed assets | 21/28 | €287,269 | €233,721 | -€53,548 | -18.6% |
| Tangible fixed assets | 22/27 | €282,479 | €228,931 | -€53,548 | -19.0% |
| Land and buildings | 22 | €7,276 | €7,276 | = | 0.0% |
| Plant, machinery and equipment | 23 | €235,417 | €189,522 | -€45,895 | -19.5% |
| Furniture and vehicles | 24 | €39,787 | €32,133 | -€7,654 | -19.2% |
| Financial fixed assets | 28 | €4,790 | €4,790 | = | 0.0% |
| Current assets | 29/58 | €811,210 | €740,068 | -€71,142 | -8.8% |
| Stocks and contracts in progress | 3 | €164,476 | €179,006 | +€14,530 | +8.8% |
| Stocks | 30/36 | €164,476 | €179,006 | +€14,530 | +8.8% |
| Amounts receivable within one year | 40/41 | €434,009 | €390,661 | -€43,347 | -10.0% |
| Trade receivables | 40 | €396,193 | €323,049 | -€73,144 | -18.5% |
| Other amounts receivable | 41 | €37,815 | €67,612 | +€29,797 | +78.8% |
| Cash at bank and in hand | 54/58 | €206,552 | €164,360 | -€42,192 | -20.4% |
| Deferred charges and accrued income | 490/1 | €6,174 | €6,041 | -€133 | -2.2% |
| Total equity and liabilities | 10/49 | €1,098,479 | €973,789 | -€124,690 | -11.4% |
| Equity | 10/15 | €458,104 | €418,559 | -€39,545 | -8.6% |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Capital | 10 | €247,894 | €247,894 | = | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | = | 0.0% |
| Reserves | 13 | €28,593 | €28,593 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,789 | €24,789 | = | 0.0% |
| Legal reserve | 130 | €24,789 | €24,789 | = | 0.0% |
| Distributable reserves | 133 | €3,804 | €3,804 | = | 0.0% |
| Profit (loss) carried forward | 14 | €181,617 | €142,072 | -€39,545 | -21.8% |
| Amounts payable | 17/49 | €640,375 | €555,230 | -€85,145 | -13.3% |
| Amounts payable after more than one year | 17 | €52,517 | €176,168 | +€123,651 | +235% |
| Financial debts | 170/4 | €52,517 | €176,168 | +€123,651 | +235% |
| Amounts payable within one year | 42/48 | €579,811 | €367,546 | -€212,265 | -36.6% |
| Current portion of amounts payable after more than one year | 42 | €12,671 | €43,134 | +€30,462 | +240% |
| Trade debts | 44 | €300,431 | €164,783 | -€135,648 | -45.2% |
| Suppliers | 440/4 | €300,431 | €164,783 | -€135,648 | -45.2% |
| Advances received on contracts in progress | 46 | - | €570 | +€570 | |
| Taxes, remuneration and social security | 45 | €101,189 | €82,407 | -€18,782 | -18.6% |
| Taxes | 450/3 | €53,702 | €55,294 | +€1,592 | +3.0% |
| Remuneration and social security | 454/9 | €47,487 | €27,113 | -€20,373 | -42.9% |
| Other amounts payable | 47/48 | €165,519 | €76,651 | -€88,868 | -53.7% |
| Accrued charges and deferred income | 492/3 | €8,047 | €11,516 | +€3,469 | +43.1% |
| Non-recurring operating income | 76A | - | €2,942 | +€2,942 | |
| Remuneration, social security and pensions | 62 | €418,880 | €570,651 | +€151,771 | +36.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,247 | €60,425 | +€1,179 | +2.0% |
| Other operating charges | 640/8 | €3,105 | €2,540 | -€565 | -18.2% |
| Gross operating margin | 9900 | €575,975 | €598,675 | +€22,700 | +3.9% |
| Operating profit (loss) | 9901 | €94,744 | -€34,941 | -€129,685 | |
| Financial income | 75/76B | €369 | €27 | -€343 | -92.8% |
| Recurring financial income | 75 | €369 | €27 | -€343 | -92.8% |
| Financial charges | 65/66B | €3,242 | €4,242 | +€1,000 | +30.9% |
| Recurring financial charges | 65 | €3,242 | €4,242 | +€1,000 | +30.9% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €91,871 | -€39,156 | -€131,028 | |
| Income taxes | 67/77 | €23,584 | €388 | -€23,195 | -98.4% |
| Profit (loss) for the period | 9904 | €68,287 | -€39,545 | -€107,832 | |
| Profit (loss) for the period to be appropriated | 9905 | €68,287 | -€39,545 | -€107,832 |
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 19 October 2026 via checked.be.