RE - TYRES: 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.
RE - TYRES
Largest movements
- Deferred charges and accrued income -€29,623
down €29,623 (-93.7%), from €31,611 to €1,988
- Receivables within one year -€9,181
down €9,181 (-10.0%), from €91,968 to €82,787
of which Other amounts receivable: -€23,482
- Reserves -€92,541
down €92,541 (-28.5%), from €324,825 to €232,284
- Other debts +€53,822
new in 2025: €53,822
- Trade debts +€7,793
up €7,793 (+633%), from €1,232 to €9,025
- Debts after one year -€7,068
no longer reported in 2025 (was €7,068)
- Financial income -€25,897
down €25,897 (-91.1%), from €28,423 to €2,526
- Taxes -€7,389
down €7,389 (-18.9%), from €39,174 to €31,785
- Gross operating margin +€5,958
up €5,958 (+6.2%), from €95,486 to €101,444
- Staff costs +€5,341
new in 2025: €5,341
- Other operating charges -€3,702
down €3,702 (-57.6%), from €6,429 to €2,727
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 | €429,948 | €389,930 | -€40,017 | -9.3% |
| Fixed assets | 21/28 | €216,743 | €214,634 | -€2,109 | -1.0% |
| Tangible fixed assets | 22/27 | €3,894 | €1,785 | -€2,109 | -54.2% |
| Plant, machinery and equipment | 23 | - | €404 | +€404 | |
| Furniture and vehicles | 24 | €3,894 | €1,381 | -€2,513 | -64.5% |
| Financial fixed assets | 28 | €212,849 | €212,849 | = | 0.0% |
| Current assets | 29/58 | €213,204 | €175,296 | -€37,908 | -17.8% |
| Amounts receivable after more than one year | 29 | €89,603 | €87,291 | -€2,312 | -2.6% |
| Other amounts receivable | 291 | €89,603 | €87,291 | -€2,312 | -2.6% |
| Amounts receivable within one year | 40/41 | €91,968 | €82,787 | -€9,181 | -10.0% |
| Trade receivables | 40 | €10,470 | €24,771 | +€14,301 | +137% |
| Other amounts receivable | 41 | €81,498 | €58,016 | -€23,482 | -28.8% |
| Cash at bank and in hand | 54/58 | €22 | €3,230 | +€3,207 | +14,421% |
| Deferred charges and accrued income | 490/1 | €31,611 | €1,988 | -€29,623 | -93.7% |
| Total equity and liabilities | 10/49 | €429,948 | €389,930 | -€40,017 | -9.3% |
| Equity | 10/15 | €343,417 | €250,876 | -€92,541 | -26.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €324,825 | €232,284 | -€92,541 | -28.5% |
| Distributable reserves | 133 | €324,825 | €232,284 | -€92,541 | -28.5% |
| Amounts payable | 17/49 | €86,531 | €139,054 | +€52,523 | +60.7% |
| Amounts payable after more than one year | 17 | €7,068 | - | -€7,068 | |
| Financial debts | 170/4 | €7,068 | - | -€7,068 | |
| Amounts payable within one year | 42/48 | €78,011 | €138,801 | +€60,789 | +77.9% |
| Current portion of amounts payable after more than one year | 42 | €18,658 | €15,444 | -€3,214 | -17.2% |
| Financial debts | 43 | €6,540 | €5,591 | -€949 | -14.5% |
| Credit institutions | 430/8 | €6,540 | €5,591 | -€949 | -14.5% |
| Trade debts | 44 | €1,232 | €9,025 | +€7,793 | +633% |
| Suppliers | 440/4 | €1,232 | €9,025 | +€7,793 | +633% |
| Taxes, remuneration and social security | 45 | €51,582 | €54,919 | +€3,337 | +6.5% |
| Taxes | 450/3 | €51,582 | €53,956 | +€2,374 | +4.6% |
| Remuneration and social security | 454/9 | - | €963 | +€963 | |
| Other amounts payable | 47/48 | - | €53,822 | +€53,822 | |
| Accrued charges and deferred income | 492/3 | €1,452 | €253 | -€1,198 | -82.5% |
| Remuneration, social security and pensions | 62 | - | €5,341 | +€5,341 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,968 | €2,630 | -€337 | -11.4% |
| Other operating charges | 640/8 | €6,429 | €2,727 | -€3,702 | -57.6% |
| Gross operating margin | 9900 | €95,486 | €101,444 | +€5,958 | +6.2% |
| Operating profit (loss) | 9901 | €86,090 | €90,746 | +€4,656 | +5.4% |
| Financial income | 75/76B | €28,423 | €2,526 | -€25,897 | -91.1% |
| Recurring financial income | 75 | €28,423 | €2,526 | -€25,897 | -91.1% |
| Financial charges | 65/66B | €5,991 | €4,331 | -€1,659 | -27.7% |
| Recurring financial charges | 65 | €5,991 | €4,331 | -€1,659 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €108,522 | €88,941 | -€19,581 | -18.0% |
| Income taxes | 67/77 | €39,174 | €31,785 | -€7,389 | -18.9% |
| Profit (loss) for the period | 9904 | €69,348 | €57,156 | -€12,192 | -17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €69,348 | €57,156 | -€12,192 | -17.6% |
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 16 October 2026 via checked.be.