TYRE MANAGEMENT SYSTEM: 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.
TYRE MANAGEMENT SYSTEM
Largest movements
- Cash +€179,153
up €179,153 (+109%), from €164,555 to €343,708
mainly Trade debts (+€150,021) and Current portion of long-term debt (+€44,244)
- Receivables within one year +€85,190
up €85,190 (+21.5%), from €395,338 to €480,528
- Current investments +€10,000
new in 2025: €10,000
- Trade debts +€150,021
up €150,021 (+74.0%), from €202,656 to €352,677
- Current portion of long-term debt +€44,244
up €44,244 (+19.3%), from €229,400 to €273,644
- Profit (loss) carried forward +€36,534
up €36,534 (+37.8%), from -€96,526 to -€59,992
- Tax, wage and social debts +€32,488
up €32,488 (+17.9%), from €181,825 to €214,313
of which Taxes: +€26,809
- Gross operating margin +€74,501
up €74,501 (+152%), from €48,876 to €123,378
- Staff costs +€3,643
up €3,643 (+6.5%), from €55,702 to €59,345
- Financial charges +€1,524
up €1,524 (+29.1%), from €5,228 to €6,751
of which Financial charges: +€1,374
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 | €631,355 | €897,043 | +€265,688 | +42.1% |
| Formation expenses | 20 | €381 | - | -€381 | |
| Fixed assets | 21/28 | €71,082 | €62,807 | -€8,275 | -11.6% |
| Intangible fixed assets | 21 | €70,328 | €62,506 | -€7,823 | -11.1% |
| Tangible fixed assets | 22/27 | €754 | €302 | -€452 | -60.0% |
| Plant, machinery and equipment | 23 | €754 | €302 | -€452 | -60.0% |
| Current assets | 29/58 | €559,892 | €834,236 | +€274,343 | +49.0% |
| Amounts receivable within one year | 40/41 | €395,338 | €480,528 | +€85,190 | +21.5% |
| Trade receivables | 40 | €395,338 | €480,528 | +€85,190 | +21.5% |
| Current investments | 50/53 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €164,555 | €343,708 | +€179,153 | +109% |
| Total equity and liabilities | 10/49 | €631,355 | €897,043 | +€265,688 | +42.1% |
| Equity | 10/15 | -€72,526 | -€33,592 | +€38,934 | +53.7% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | - | €2,400 | +€2,400 | |
| Non-distributable reserves | 130/1 | - | €2,400 | +€2,400 | |
| Reserves not available under the articles | 1311 | - | €2,400 | +€2,400 | |
| Profit (loss) carried forward | 14 | -€96,526 | -€59,992 | +€36,534 | +37.8% |
| Amounts payable | 17/49 | €703,881 | €930,635 | +€226,753 | +32.2% |
| Amounts payable after more than one year | 17 | €90,000 | €90,000 | = | 0.0% |
| Financial debts | 170/4 | €90,000 | €90,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €613,881 | €840,635 | +€226,753 | +36.9% |
| Current portion of amounts payable after more than one year | 42 | €229,400 | €273,644 | +€44,244 | +19.3% |
| Trade debts | 44 | €202,656 | €352,677 | +€150,021 | +74.0% |
| Suppliers | 440/4 | €202,656 | €352,677 | +€150,021 | +74.0% |
| Taxes, remuneration and social security | 45 | €181,825 | €214,313 | +€32,488 | +17.9% |
| Taxes | 450/3 | €175,052 | €201,861 | +€26,809 | +15.3% |
| Remuneration and social security | 454/9 | €6,772 | €12,452 | +€5,679 | +83.9% |
| Remuneration, social security and pensions | 62 | €55,702 | €59,345 | +€3,643 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,990 | €19,566 | +€576 | +3.0% |
| Gross operating margin | 9900 | €48,876 | €123,378 | +€74,501 | +152% |
| Operating profit (loss) | 9901 | -€25,816 | €44,467 | +€70,282 | |
| Financial income | 75/76B | €344 | €1,219 | +€875 | +255% |
| Recurring financial income | 75 | €344 | €1,219 | +€875 | +255% |
| Financial charges | 65/66B | €5,228 | €6,751 | +€1,524 | +29.1% |
| Recurring financial charges | 65 | €5,228 | €6,601 | +€1,374 | +26.3% |
| Non-recurring financial charges | 66B | - | €150 | +€150 | |
| Profit (loss) for the period before taxes | 9903 | -€30,700 | €38,934 | +€69,634 | |
| Profit (loss) for the period | 9904 | -€30,700 | €38,934 | +€69,634 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,700 | €38,934 | +€69,634 |
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 14 October 2026 via checked.be.