RS PNEUS: 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.
RS PNEUS
Largest movements
- Current investments -€2,160
down €2,160 (-22.1%), from €9,762 to €7,603
- Tangible fixed assets +€1,886
new in 2025: €1,886
- Receivables within one year -€573
down €573 (-21.0%), from €2,726 to €2,153
- Stocks and contracts +€456
up €456 (+176%), from €258 to €714
- Trade debts -€3,202
down €3,202 (-65.5%), from €4,888 to €1,687
- Reserves +€2,274
up €2,274 (+98.5%), from €2,309 to €4,583
- Tax, wage and social debts +€293
up €293 (+9.6%), from €3,049 to €3,342
of which Remuneration and social security: +€471
- Other debts +€244
new in 2025: €244
- Gross operating margin +€5,453
up €5,453 (+187%), from €2,922 to €8,375
- Staff costs +€4,457
new in 2025: €4,457
- Financial charges +€433
up €433 (+1,467%), from €30 to €463
- Depreciation +€414
new in 2025: €414
- Other operating charges +€117
new in 2025: €117
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,747 | €12,356 | -€391 | -3.1% |
| Fixed assets | 21/28 | - | €1,886 | +€1,886 | |
| Tangible fixed assets | 22/27 | - | €1,886 | +€1,886 | |
| Plant, machinery and equipment | 23 | - | €1,886 | +€1,886 | |
| Current assets | 29/58 | €12,747 | €10,469 | -€2,277 | -17.9% |
| Stocks and contracts in progress | 3 | €258 | €714 | +€456 | +176% |
| Stocks | 30/36 | €258 | €714 | +€456 | +176% |
| Amounts receivable within one year | 40/41 | €2,726 | €2,153 | -€573 | -21.0% |
| Trade receivables | 40 | €2,726 | €2,153 | -€573 | -21.0% |
| Current investments | 50/53 | €9,762 | €7,603 | -€2,160 | -22.1% |
| Total equity and liabilities | 10/49 | €12,747 | €12,356 | -€391 | -3.1% |
| Equity | 10/15 | €4,809 | €7,083 | +€2,274 | +47.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €2,309 | €4,583 | +€2,274 | +98.5% |
| Distributable reserves | 133 | €2,309 | €4,583 | +€2,274 | +98.5% |
| Amounts payable | 17/49 | €7,938 | €5,273 | -€2,665 | -33.6% |
| Amounts payable within one year | 42/48 | €7,938 | €5,273 | -€2,665 | -33.6% |
| Trade debts | 44 | €4,888 | €1,687 | -€3,202 | -65.5% |
| Suppliers | 440/4 | €4,888 | €1,687 | -€3,202 | -65.5% |
| Taxes, remuneration and social security | 45 | €3,049 | €3,342 | +€293 | +9.6% |
| Taxes | 450/3 | €3,049 | €2,872 | -€178 | -5.8% |
| Remuneration and social security | 454/9 | - | €471 | +€471 | |
| Other amounts payable | 47/48 | - | €244 | +€244 | |
| Remuneration, social security and pensions | 62 | - | €4,457 | +€4,457 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €414 | +€414 | |
| Other operating charges | 640/8 | - | €117 | +€117 | |
| Gross operating margin | 9900 | €2,922 | €8,375 | +€5,453 | +187% |
| Operating profit (loss) | 9901 | €2,922 | €3,387 | +€465 | +15.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €30 | €463 | +€433 | +1,467% |
| Recurring financial charges | 65 | €30 | €463 | +€433 | +1,467% |
| Profit (loss) for the period before taxes | 9903 | €2,892 | €2,924 | +€32 | +1.1% |
| Income taxes | 67/77 | €583 | €651 | +€67 | +11.6% |
| Profit (loss) for the period | 9904 | €2,309 | €2,274 | -€35 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,309 | €2,274 | -€35 | -1.5% |
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.