TYRESZONE: what changed
Two fiscal 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.
TYRESZONE
Largest movements
- Receivables within one year -€42,319
down €42,319 (-39.1%), from €108,287 to €65,969
of which Trade receivables: -€36,092
- Stocks and contracts +€26,560
up €26,560 (+37.0%), from €71,782 to €98,342
- Cash +€8,137
new in 2024: €8,137
mainly Net result for the year (+€48,804) and Receivables within one year (+€42,319)
- Tangible fixed assets +€6,018
up €6,018 (+34.4%), from €17,479 to €23,497
of which Land and buildings: +€4,400
- Current investments -€4,012
no longer reported in 2024 (was €4,012)
- Advances received -€103,136
no longer reported in 2024 (was €103,136)
- Profit (loss) carried forward +€46,364
up €46,364 (+75.1%), from €61,742 to €108,106
- Tax, wage and social debts +€33,323
up €33,323 (+7234.1%), from €461 to €33,784
of which Taxes: +€31,790
- Trade debts +€15,122
up €15,122 (+80.2%), from €18,853 to €33,974
- Reserves +€2,440
new in 2024: €2,440
- Gross operating margin +€33,996
up €33,996 (+48.6%), from €69,979 to €103,976
- Staff costs +€22,422
up €22,422 (+102.9%), from €21,798 to €44,221
- Taxes -€5,242
no longer reported in 2024 (was €5,242)
- Depreciation +€3,418
up €3,418 (+54.8%), from €6,240 to €9,658
- Financial charges -€2,381
down €2,381 (-86.9%), from €2,739 to €358
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.
Cash bridge derived
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 | €202,791 | €196,904 | -€5,887 | -2.9% |
| Formation expenses | 20 | €1,230 | €960 | -€270 | -22.0% |
| Fixed assets | 21/28 | €17,479 | €23,497 | +€6,018 | +34.4% |
| Tangible fixed assets | 22/27 | €17,479 | €23,497 | +€6,018 | +34.4% |
| Land and buildings | 22 | - | €4,400 | +€4,400 | |
| Plant, machinery and equipment | 23 | €15,000 | €12,789 | -€2,211 | -14.7% |
| Furniture and vehicles | 24 | €2,479 | €6,308 | +€3,829 | +154.4% |
| Current assets | 29/58 | €184,082 | €172,448 | -€11,634 | -6.3% |
| Stocks and contracts in progress | 3 | €71,782 | €98,342 | +€26,560 | +37.0% |
| Stocks | 30/36 | €71,782 | €98,342 | +€26,560 | +37.0% |
| Amounts receivable within one year | 40/41 | €108,287 | €65,969 | -€42,319 | -39.1% |
| Trade receivables | 40 | €101,984 | €65,892 | -€36,092 | -35.4% |
| Other amounts receivable | 41 | €6,303 | €77 | -€6,226 | -98.8% |
| Current investments | 50/53 | €4,012 | - | -€4,012 | |
| Cash at bank and in hand | 54/58 | - | €8,137 | +€8,137 | |
| Total equity and liabilities | 10/49 | €202,791 | €196,904 | -€5,887 | -2.9% |
| Equity | 10/15 | €80,342 | €129,147 | +€48,804 | +60.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | - | €2,440 | +€2,440 | |
| Non-distributable reserves | 130/1 | - | €2,440 | +€2,440 | |
| Reserves not available under the articles | 1311 | - | €2,440 | +€2,440 | |
| Profit (loss) carried forward | 14 | €61,742 | €108,106 | +€46,364 | +75.1% |
| Amounts payable | 17/49 | €122,449 | €67,758 | -€54,691 | -44.7% |
| Amounts payable within one year | 42/48 | €122,449 | €67,758 | -€54,691 | -44.7% |
| Trade debts | 44 | €18,853 | €33,974 | +€15,122 | +80.2% |
| Suppliers | 440/4 | €18,853 | €33,974 | +€15,122 | +80.2% |
| Advances received on contracts in progress | 46 | €103,136 | - | -€103,136 | |
| Taxes, remuneration and social security | 45 | €461 | €33,784 | +€33,323 | +7234.1% |
| Taxes | 450/3 | €96 | €31,886 | +€31,790 | +33250.2% |
| Remuneration and social security | 454/9 | €365 | €1,898 | +€1,533 | +419.9% |
| Remuneration, social security and pensions | 62 | €21,798 | €44,221 | +€22,422 | +102.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,240 | €9,658 | +€3,418 | +54.8% |
| Other operating charges | 640/8 | €50 | €935 | +€885 | +1767.3% |
| Gross operating margin | 9900 | €69,979 | €103,976 | +€33,996 | +48.6% |
| Operating profit (loss) | 9901 | €41,891 | €49,162 | +€7,271 | +17.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,739 | €358 | -€2,381 | -86.9% |
| Recurring financial charges | 65 | €2,739 | €358 | -€2,381 | -86.9% |
| Profit (loss) for the period before taxes | 9903 | €39,153 | €48,804 | +€9,651 | +24.7% |
| Income taxes | 67/77 | €5,242 | - | -€5,242 | |
| Profit (loss) for the period | 9904 | €33,911 | €48,804 | +€14,893 | +43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,911 | €48,804 | +€14,893 | +43.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.