TIREWORLD.BE: 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.
TIREWORLD.BE
Largest movements
- Receivables within one year +€29,392
up €29,392 (+65.3%), from €44,989 to €74,381
of which Trade receivables: +€24,121
- Deferred charges and accrued income -€11,633
down €11,633 (-24.1%), from €48,268 to €36,636
- Tangible fixed assets +€4,550
up €4,550 (+455%), from €1,000 to €5,550
- Profit (loss) carried forward +€20,838
up €20,838 (+85.0%), from €24,523 to €45,361
- Gross operating margin +€22,063
up €22,063, from -€724 to €21,338
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €163,175 | €185,484 | +€22,309 | +13.7% |
| Fixed assets | 21/28 | €1,000 | €5,550 | +€4,550 | +455% |
| Tangible fixed assets | 22/27 | €1,000 | €5,550 | +€4,550 | +455% |
| Furniture and vehicles | 24 | €1,000 | €5,550 | +€4,550 | +455% |
| Current assets | 29/58 | €162,175 | €179,934 | +€17,759 | +11.0% |
| Stocks and contracts in progress | 3 | €68,465 | €68,465 | = | 0.0% |
| Stocks | 30/36 | €68,465 | - | -€68,465 | |
| Contracts in progress | 37 | - | €68,465 | +€68,465 | |
| Amounts receivable within one year | 40/41 | €44,989 | €74,381 | +€29,392 | +65.3% |
| Trade receivables | 40 | €34,212 | €58,332 | +€24,121 | +70.5% |
| Other amounts receivable | 41 | €10,777 | €16,048 | +€5,271 | +48.9% |
| Cash at bank and in hand | 54/58 | €453 | €453 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €48,268 | €36,636 | -€11,633 | -24.1% |
| Total equity and liabilities | 10/49 | €163,175 | €185,484 | +€22,309 | +13.7% |
| Equity | 10/15 | €44,983 | €65,821 | +€20,838 | +46.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,523 | €45,361 | +€20,838 | +85.0% |
| Amounts payable | 17/49 | €118,192 | €119,663 | +€1,471 | +1.2% |
| Amounts payable after more than one year | 17 | €98,186 | €98,186 | = | 0.0% |
| Financial debts | 170/4 | €98,186 | €98,186 | = | 0.0% |
| Amounts payable within one year | 42/48 | €20,005 | €21,476 | +€1,471 | +7.4% |
| Financial debts | 43 | €700 | €586 | -€114 | -16.3% |
| Credit institutions | 430/8 | €700 | €586 | -€114 | -16.3% |
| Taxes, remuneration and social security | 45 | €1,305 | €2,891 | +€1,585 | +121% |
| Taxes | 450/3 | €1,305 | €2,891 | +€1,585 | +121% |
| Other amounts payable | 47/48 | €18,000 | €18,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €500 | = | 0.0% |
| Gross operating margin | 9900 | -€724 | €21,338 | +€22,063 | |
| Operating profit (loss) | 9901 | -€1,224 | €20,838 | +€22,063 | |
| Profit (loss) for the period before taxes | 9903 | -€1,224 | €20,838 | +€22,063 | |
| Profit (loss) for the period | 9904 | -€1,224 | €20,838 | +€22,063 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,224 | €20,838 | +€22,063 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.