TIRE DISTRIBUTION: 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.
TIRE DISTRIBUTION
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€55,361
down €55,361 (-14.3%), from -€386,685 to -€442,046
- Other debts +€50,035
up €50,035 (+14.6%), from €341,942 to €391,977
- Tax, wage and social debts +€5,176
up €5,176 (+27.7%), from €18,703 to €23,879
of which Remuneration and social security: +€6,815
- Trade debts -€4,607
down €4,607 (-4.7%), from €98,760 to €94,153
- Accrued charges and deferred income +€4,338
up €4,338 (+434%), from €1,000 to €5,338
- Staff costs +€43,351
up €43,351 (+36.7%), from €118,038 to €161,390
- Financial income -€19,923
down €19,923 (-91.1%), from €21,862 to €1,939
- Financial charges +€16,899
up €16,899 (+593%), from €2,849 to €19,748
- Write-downs -€8,451
new in 2025: -€8,451
- Gross operating margin -€6,133
down €6,133 (-4.3%), from €141,751 to €135,618
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 | €348,847 | €348,429 | -€419 | -0.1% |
| Fixed assets | 21/28 | €132,831 | €134,592 | +€1,762 | +1.3% |
| Tangible fixed assets | 22/27 | €8,883 | €10,644 | +€1,762 | +19.8% |
| Plant, machinery and equipment | 23 | €8,883 | €6,430 | -€2,452 | -27.6% |
| Furniture and vehicles | 24 | €0 | €4,214 | +€4,214 | |
| Financial fixed assets | 28 | €123,948 | €123,948 | = | 0.0% |
| Current assets | 29/58 | €216,017 | €213,836 | -€2,180 | -1.0% |
| Stocks and contracts in progress | 3 | €44,913 | €44,913 | = | 0.0% |
| Stocks | 30/36 | €44,913 | €44,913 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €64,174 | €62,385 | -€1,790 | -2.8% |
| Trade receivables | 40 | €56,772 | €53,952 | -€2,820 | -5.0% |
| Other amounts receivable | 41 | €7,402 | €8,433 | +€1,031 | +13.9% |
| Cash at bank and in hand | 54/58 | €106,929 | €106,539 | -€391 | -0.4% |
| Total equity and liabilities | 10/49 | €348,847 | €348,429 | -€419 | -0.1% |
| Equity | 10/15 | -€111,558 | -€166,919 | -€55,361 | -49.6% |
| Contributions | 10/11 | €205,000 | €205,000 | = | 0.0% |
| Capital | 10 | €205,000 | €205,000 | = | 0.0% |
| Issued capital | 100 | €205,000 | €205,000 | = | 0.0% |
| Reserves | 13 | €70,127 | €70,127 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,500 | €20,500 | = | 0.0% |
| Legal reserve | 130 | €20,500 | €20,500 | = | 0.0% |
| Distributable reserves | 133 | €49,627 | €49,627 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€386,685 | -€442,046 | -€55,361 | -14.3% |
| Amounts payable | 17/49 | €460,405 | €515,348 | +€54,942 | +11.9% |
| Amounts payable within one year | 42/48 | €459,405 | €510,010 | +€50,604 | +11.0% |
| Trade debts | 44 | €98,760 | €94,153 | -€4,607 | -4.7% |
| Suppliers | 440/4 | €98,760 | €94,153 | -€4,607 | -4.7% |
| Taxes, remuneration and social security | 45 | €18,703 | €23,879 | +€5,176 | +27.7% |
| Taxes | 450/3 | €7,939 | €6,301 | -€1,639 | -20.6% |
| Remuneration and social security | 454/9 | €10,764 | €17,579 | +€6,815 | +63.3% |
| Other amounts payable | 47/48 | €341,942 | €391,977 | +€50,035 | +14.6% |
| Accrued charges and deferred income | 492/3 | €1,000 | €5,338 | +€4,338 | +434% |
| Remuneration, social security and pensions | 62 | €118,038 | €161,390 | +€43,351 | +36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,002 | €3,239 | +€1,236 | +61.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€8,451 | -€8,451 | |
| Other operating charges | 640/8 | €17,094 | €16,992 | -€101 | -0.6% |
| Gross operating margin | 9900 | €141,751 | €135,618 | -€6,133 | -4.3% |
| Operating profit (loss) | 9901 | €4,617 | -€37,552 | -€42,169 | |
| Financial income | 75/76B | €21,862 | €1,939 | -€19,923 | -91.1% |
| Recurring financial income | 75 | €21,862 | €1,939 | -€19,923 | -91.1% |
| Financial charges | 65/66B | €2,849 | €19,748 | +€16,899 | +593% |
| Recurring financial charges | 65 | €2,849 | €19,748 | +€16,899 | +593% |
| Profit (loss) for the period before taxes | 9903 | €23,630 | -€55,361 | -€78,991 | |
| Profit (loss) for the period | 9904 | €23,630 | -€55,361 | -€78,991 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,630 | -€55,361 | -€78,991 |
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 18 October 2026 via checked.be.