TIRE HOODOO: 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 HOODOO
Largest movements
- Receivables within one year +€12,305
up €12,305 (+135%), from €9,093 to €21,399
- Intangible fixed assets -€2,073
down €2,073 (-20.4%), from €10,177 to €8,104
- Cash +€1,434
up €1,434 (+16.9%), from €8,458 to €9,892
mainly Net result for the year (+€6,034) and Accrued charges and deferred income (+€3,548)
- Reserves +€6,034
up €6,034 (+121%), from €4,983 to €11,018
- Accrued charges and deferred income +€3,548
new in 2025: €3,548
- Tax, wage and social debts +€2,086
up €2,086 (+11.7%), from €17,856 to €19,942
- Gross operating margin +€3,793
up €3,793 (+52.8%), from €7,189 to €10,981
- Depreciation +€1,886
up €1,886 (+1,009%), from €187 to €2,073
- Taxes +€1,224
up €1,224 (+118%), from €1,039 to €2,263
- Other operating charges -€287
down €287 (-34.4%), from €834 to €547
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 | €27,728 | €39,395 | +€11,666 | +42.1% |
| Fixed assets | 21/28 | €10,177 | €8,104 | -€2,073 | -20.4% |
| Intangible fixed assets | 21 | €10,177 | €8,104 | -€2,073 | -20.4% |
| Current assets | 29/58 | €17,552 | €31,291 | +€13,739 | +78.3% |
| Amounts receivable within one year | 40/41 | €9,093 | €21,399 | +€12,305 | +135% |
| Trade receivables | 40 | €9,093 | €21,399 | +€12,305 | +135% |
| Cash at bank and in hand | 54/58 | €8,458 | €9,892 | +€1,434 | +16.9% |
| Total equity and liabilities | 10/49 | €27,728 | €39,395 | +€11,666 | +42.1% |
| Equity | 10/15 | €7,983 | €14,018 | +€6,034 | +75.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €4,983 | €11,018 | +€6,034 | +121% |
| Distributable reserves | 133 | €4,983 | €11,018 | +€6,034 | +121% |
| Amounts payable | 17/49 | €19,745 | €25,377 | +€5,632 | +28.5% |
| Amounts payable within one year | 42/48 | €19,745 | €21,829 | +€2,084 | +10.6% |
| Trade debts | 44 | €1,889 | €1,887 | -€2 | -0.1% |
| Suppliers | 440/4 | €1,889 | €1,887 | -€2 | -0.1% |
| Taxes, remuneration and social security | 45 | €17,856 | €19,942 | +€2,086 | +11.7% |
| Taxes | 450/3 | €17,856 | €19,942 | +€2,086 | +11.7% |
| Accrued charges and deferred income | 492/3 | - | €3,548 | +€3,548 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €187 | €2,073 | +€1,886 | +1,009% |
| Other operating charges | 640/8 | €834 | €547 | -€287 | -34.4% |
| Gross operating margin | 9900 | €7,189 | €10,981 | +€3,793 | +52.8% |
| Operating profit (loss) | 9901 | €6,168 | €8,362 | +€2,194 | +35.6% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €146 | €67 | -€79 | -54.2% |
| Recurring financial charges | 65 | €146 | €67 | -€79 | -54.2% |
| Profit (loss) for the period before taxes | 9903 | €6,022 | €8,297 | +€2,275 | +37.8% |
| Income taxes | 67/77 | €1,039 | €2,263 | +€1,224 | +118% |
| Profit (loss) for the period | 9904 | €4,983 | €6,034 | +€1,051 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,983 | €6,034 | +€1,051 | +21.1% |
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 20 October 2026 via checked.be.