TYRE BUSINESS: what changed
TYRE BUSINESS
Largest movements
- Cash -€39,930
down €39,930 (-75.9%), from €52,609 to €12,679
mainly Net result for the year (-€29,903) and Tax, wage and social debts (-€6,462)
- Tangible fixed assets +€4,151
up €4,151 (+244%), from €1,701 to €5,852
of which Plant, machinery and equipment: +€5,092
- Stocks and contracts +€3,180
up €3,180 (+99.4%), from €3,200 to €6,380
- Receivables within one year +€1,269
up €1,269 (+15.3%), from €8,311 to €9,580
of which Other amounts receivable: +€6,585
- Profit (loss) carried forward -€29,903
down €29,903 (-70.3%), from €42,515 to €12,612
- Tax, wage and social debts -€6,462
down €6,462 (-50.4%), from €12,830 to €6,368
of which Taxes: -€8,862
- Trade debts +€5,035
up €5,035 (+1,058%), from €476 to €5,511
- Gross operating margin -€71,937
down €71,937, from €45,617 to -€26,320
- Staff costs -€31,411
no longer reported in 2025 (was €31,411)
- Taxes -€10,380
no longer reported in 2025 (was €10,380)
- Depreciation -€1,488
down €1,488 (-50.5%), from €2,945 to €1,457
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,821 | €34,491 | -€31,330 | -47.6% |
| Fixed assets | 21/28 | €1,701 | €5,852 | +€4,151 | +244% |
| Tangible fixed assets | 22/27 | €1,701 | €5,852 | +€4,151 | +244% |
| Plant, machinery and equipment | 23 | - | €5,092 | +€5,092 | |
| Furniture and vehicles | 24 | €1,701 | €760 | -€941 | -55.3% |
| Current assets | 29/58 | €64,120 | €28,639 | -€35,481 | -55.3% |
| Stocks and contracts in progress | 3 | €3,200 | €6,380 | +€3,180 | +99.4% |
| Stocks | 30/36 | €3,200 | €6,380 | +€3,180 | +99.4% |
| Amounts receivable within one year | 40/41 | €8,311 | €9,580 | +€1,269 | +15.3% |
| Trade receivables | 40 | €6,442 | €1,126 | -€5,316 | -82.5% |
| Other amounts receivable | 41 | €1,869 | €8,454 | +€6,585 | +352% |
| Cash at bank and in hand | 54/58 | €52,609 | €12,679 | -€39,930 | -75.9% |
| Total equity and liabilities | 10/49 | €65,821 | €34,491 | -€31,330 | -47.6% |
| Equity | 10/15 | €52,515 | €22,612 | -€29,903 | -56.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,515 | €12,612 | -€29,903 | -70.3% |
| Amounts payable | 17/49 | €13,306 | €11,879 | -€1,427 | -10.7% |
| Amounts payable within one year | 42/48 | €13,306 | €11,879 | -€1,427 | -10.7% |
| Trade debts | 44 | €476 | €5,511 | +€5,035 | +1,058% |
| Suppliers | 440/4 | €476 | €5,511 | +€5,035 | +1,058% |
| Taxes, remuneration and social security | 45 | €12,830 | €6,368 | -€6,462 | -50.4% |
| Taxes | 450/3 | €12,616 | €3,754 | -€8,862 | -70.2% |
| Remuneration and social security | 454/9 | €214 | €2,614 | +€2,400 | +1,121% |
| Remuneration, social security and pensions | 62 | €31,411 | - | -€31,411 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,945 | €1,457 | -€1,488 | -50.5% |
| Other operating charges | 640/8 | €1,136 | €1,270 | +€134 | +11.8% |
| Gross operating margin | 9900 | €45,617 | -€26,320 | -€71,937 | |
| Operating profit (loss) | 9901 | €10,125 | -€29,047 | -€39,172 | |
| Financial charges | 65/66B | €892 | €856 | -€36 | -4.0% |
| Recurring financial charges | 65 | €892 | €856 | -€36 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €9,233 | -€29,903 | -€39,136 | |
| Income taxes | 67/77 | €10,380 | - | -€10,380 | |
| Profit (loss) for the period | 9904 | -€1,147 | -€29,903 | -€28,756 | -2,507% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,147 | -€29,903 | -€28,756 | -2,507% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.