VISION PNEUS: 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.
VISION PNEUS
Largest movements
- Cash +€2,594
up €2,594 (+5.7%), from €45,883 to €48,477
mainly Trade debts (+€12,030) and Net result for the year (+€8,297)
- Tangible fixed assets -€1,925
down €1,925 (-30.5%), from €6,321 to €4,396
- Other debts -€19,024
down €19,024 (-16.1%), from €118,331 to €99,307
- Trade debts +€12,030
up €12,030 (+18.3%), from €65,721 to €77,751
- Profit (loss) carried forward +€8,297
up €8,297 (+15.2%), from -€54,689 to -€46,392
- Staff costs +€23,577
new in 2025: €23,577
- Gross operating margin +€17,716
up €17,716 (+93.9%), from €18,867 to €36,584
- Other operating charges +€1,531
up €1,531 (+133%), from €1,147 to €2,678
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 | €149,024 | €150,943 | +€1,919 | +1.3% |
| Fixed assets | 21/28 | €6,321 | €4,396 | -€1,925 | -30.5% |
| Tangible fixed assets | 22/27 | €6,321 | €4,396 | -€1,925 | -30.5% |
| Furniture and vehicles | 24 | €6,321 | €4,396 | -€1,925 | -30.5% |
| Current assets | 29/58 | €142,703 | €146,547 | +€3,844 | +2.7% |
| Stocks and contracts in progress | 3 | €96,820 | €98,070 | +€1,250 | +1.3% |
| Stocks | 30/36 | €96,820 | €98,070 | +€1,250 | +1.3% |
| Cash at bank and in hand | 54/58 | €45,883 | €48,477 | +€2,594 | +5.7% |
| Total equity and liabilities | 10/49 | €149,024 | €150,943 | +€1,919 | +1.3% |
| Equity | 10/15 | -€42,289 | -€33,992 | +€8,297 | +19.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,689 | -€46,392 | +€8,297 | +15.2% |
| Amounts payable | 17/49 | €191,313 | €184,935 | -€6,378 | -3.3% |
| Amounts payable within one year | 42/48 | €191,313 | €184,935 | -€6,378 | -3.3% |
| Trade debts | 44 | €65,721 | €77,751 | +€12,030 | +18.3% |
| Suppliers | 440/4 | €65,721 | €77,751 | +€12,030 | +18.3% |
| Taxes, remuneration and social security | 45 | €7,261 | €7,877 | +€616 | +8.5% |
| Taxes | 450/3 | €7,261 | €7,877 | +€616 | +8.5% |
| Other amounts payable | 47/48 | €118,331 | €99,307 | -€19,024 | -16.1% |
| Remuneration, social security and pensions | 62 | - | €23,577 | +€23,577 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,925 | €1,925 | = | 0.0% |
| Other operating charges | 640/8 | €1,147 | €2,678 | +€1,531 | +133% |
| Gross operating margin | 9900 | €18,867 | €36,584 | +€17,716 | +93.9% |
| Operating profit (loss) | 9901 | €15,795 | €8,404 | -€7,391 | -46.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €107 | +€107 | |
| Recurring financial charges | 65 | - | €107 | +€107 | |
| Profit (loss) for the period before taxes | 9903 | €15,795 | €8,297 | -€7,498 | -47.5% |
| Profit (loss) for the period | 9904 | €15,795 | €8,297 | -€7,498 | -47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,795 | €8,297 | -€7,498 | -47.5% |
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 15 October 2026 via checked.be.