X 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.
What changed
X PNEUS
NACE 47.820, Retail sale of motor vehicle parts and accessories
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€35,750
2024 · €24,587+€11,162
Equity
€687,272
2024 · €651,523+€35,750
Cash
€126,617
2024 · €66,997+€59,620
Balance sheet total
€1.9m
2024 · €1.8m+€166,059
Largest movements
Assets
- Receivables within one year +€139,848
up €139,848 (+18.6%), from €752,110 to €891,958
of which Other amounts receivable: +€90,843
- Tangible fixed assets -€127,456
down €127,456 (-22.6%), from €564,932 to €437,476
of which Land and buildings: -€100,463
- Stocks and contracts +€104,610
up €104,610 (+29.9%), from €349,934 to €454,545
- Cash +€59,620
up €59,620 (+89.0%), from €66,997 to €126,617
mainly Trade debts (+€184,368) and Depreciation (+€132,453)
Equity and liabilities
- Trade debts +€184,368
up €184,368 (+125%), from €147,283 to €331,651
- Debts after one year -€140,000
down €140,000 (-37.0%), from €378,333 to €238,332
- Advances received +€48,147
up €48,147 (+170%), from €28,374 to €76,521
- Reserves +€35,750
up €35,750 (+6.4%), from €559,804 to €595,553
of which Distributable reserves: +€35,750
- Short-term financial debts +€25,894
up €25,894 (+8.6%), from €300,000 to €325,894
Income statement
- Turnover +€164,923
up €164,923 (+4.7%), from €3.5m to €3.6m
- Staff costs +€132,241
up €132,241 (+27.1%), from €487,482 to €619,723
- Goods and materials +€86,811
up €86,811 (+3.8%), from €2.3m to €2.4m
of which Purchases: +€234,887
- Services and other goods -€85,376
down €85,376 (-15.6%), from €546,360 to €460,984
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.
Result 2024
€24,587
Turnover
+€164,923
Other operating income
-€2,930
Goods and materials
-€86,811
Services and other goods
+€85,376
Staff costs
-€132,241
Depreciation
+€51
Write-downs
-€676
Other operating charges
+€4,521
Other operating items
-€1,493
Financial income
-€4,916
Financial charges
-€14,756
Taxes
+€113
Result 2025
€35,750
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€166,643
Investment
+€7,083
Financing
-€114,106
Cash 2024
€66,997
From operations (derived)
+€166,643
Net result for the year
+€35,750
Depreciation
+€132,453
Stocks and contracts
-€104,610
Receivables within one year
-€139,848
Deferred charges and accrued income
-€1,516
Trade debts
+€184,368
Tax, wage and social debts
+€19,391
Advances received
+€48,147
Accrued charges and deferred income
-€7,491
Investment (derived)
+€7,083
Investment in fixed assets (net)
-€4,997
Current investments
+€12,080
Financing
-€114,106
Debts after one year
-€140,000
Short-term financial debts
+€25,894
Cash 2025
€126,617
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,755,046 | €1,921,105 | +€166,059 | +9.5% |
| Fixed assets | 21/28 | €566,947 | €439,491 | -€127,456 | -22.5% |
| Tangible fixed assets | 22/27 | €564,932 | €437,476 | -€127,456 | -22.6% |
| Land and buildings | 22 | €486,424 | €385,961 | -€100,463 | -20.7% |
| Plant, machinery and equipment | 23 | €46,033 | €29,002 | -€17,031 | -37.0% |
| Furniture and vehicles | 24 | €32,475 | €22,513 | -€9,962 | -30.7% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €2,015 | €2,015 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,015 | €2,015 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,015 | €2,015 | = | 0.0% |
| Current assets | 29/58 | €1,188,099 | €1,481,614 | +€293,515 | +24.7% |
| Stocks and contracts in progress | 3 | €349,934 | €454,545 | +€104,610 | +29.9% |
| Stocks | 30/36 | €349,934 | €454,545 | +€104,610 | +29.9% |
| Goods purchased for resale | 34 | €349,934 | €454,545 | +€104,610 | +29.9% |
| Amounts receivable within one year | 40/41 | €752,110 | €891,958 | +€139,848 | +18.6% |
| Trade receivables | 40 | €479,622 | €528,628 | +€49,005 | +10.2% |
| Other amounts receivable | 41 | €272,487 | €363,330 | +€90,843 | +33.3% |
| Current investments | 50/53 | €12,080 | €0 | -€12,080 | -100% |
| Other investments | 51/53 | €12,080 | €0 | -€12,080 | -100% |
| Cash at bank and in hand | 54/58 | €66,997 | €126,617 | +€59,620 | +89.0% |
| Deferred charges and accrued income | 490/1 | €6,978 | €8,494 | +€1,516 | +21.7% |
| Total equity and liabilities | 10/49 | €1,755,046 | €1,921,105 | +€166,059 | +9.5% |
| Equity | 10/15 | €651,523 | €687,272 | +€35,750 | +5.5% |
| Contributions | 10/11 | €91,719 | €91,719 | = | 0.0% |
| Capital | 10 | €91,719 | €91,719 | = | 0.0% |
| Issued capital | 100 | €91,719 | €91,719 | = | 0.0% |
| Reserves | 13 | €559,804 | €595,553 | +€35,750 | +6.4% |
| Non-distributable reserves | 130/1 | €9,172 | €9,172 | = | 0.0% |
| Legal reserve | 130 | €9,172 | €9,172 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €513,132 | €548,882 | +€35,750 | +7.0% |
| Amounts payable | 17/49 | €1,103,523 | €1,233,832 | +€130,309 | +11.8% |
| Amounts payable after more than one year | 17 | €378,333 | €238,332 | -€140,000 | -37.0% |
| Financial debts | 170/4 | €378,333 | €238,332 | -€140,000 | -37.0% |
| Credit institutions | 173 | €378,333 | €238,332 | -€140,000 | -37.0% |
| Amounts payable within one year | 42/48 | €706,122 | €983,922 | +€277,800 | +39.3% |
| Current portion of amounts payable after more than one year | 42 | €140,000 | €140,000 | = | 0.0% |
| Financial debts | 43 | €300,000 | €325,894 | +€25,894 | +8.6% |
| Credit institutions | 430/8 | €300,000 | €325,894 | +€25,894 | +8.6% |
| Trade debts | 44 | €147,283 | €331,651 | +€184,368 | +125% |
| Suppliers | 440/4 | €147,283 | €331,651 | +€184,368 | +125% |
| Advances received on contracts in progress | 46 | €28,374 | €76,521 | +€48,147 | +170% |
| Taxes, remuneration and social security | 45 | €90,465 | €109,856 | +€19,391 | +21.4% |
| Taxes | 450/3 | €13,574 | €17,045 | +€3,471 | +25.6% |
| Remuneration and social security | 454/9 | €76,891 | €92,811 | +€15,920 | +20.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €19,068 | €11,578 | -€7,491 | -39.3% |
| Operating income | 70/76A | €3,505,280 | €3,667,108 | +€161,828 | +4.6% |
| Turnover | 70 | €3,479,281 | €3,644,205 | +€164,923 | +4.7% |
| Other operating income | 74 | €25,834 | €22,903 | -€2,930 | -11.3% |
| Non-recurring operating income | 76A | €165 | €0 | -€165 | -100% |
| Operating charges | 60/66A | €3,488,175 | €3,619,282 | +€131,107 | +3.8% |
| Goods for resale, raw materials and consumables | 60 | €2,299,913 | €2,386,724 | +€86,811 | +3.8% |
| Purchases | 600/8 | €2,261,735 | €2,496,622 | +€234,887 | +10.4% |
| Change in stocks: decrease (increase) | 609 | €38,178 | -€109,898 | -€148,076 | |
| Services and other goods | 61 | €546,360 | €460,984 | -€85,376 | -15.6% |
| Remuneration, social security and pensions | 62 | €487,482 | €619,723 | +€132,241 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,504 | €132,453 | -€51 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,332 | €5,008 | +€676 | +15.6% |
| Other operating charges | 640/8 | €17,585 | €13,064 | -€4,521 | -25.7% |
| Non-recurring operating charges | 66A | - | €1,327 | +€1,327 | |
| Operating profit (loss) | 9901 | €17,105 | €47,826 | +€30,721 | +180% |
| Financial income | 75/76B | €22,705 | €17,789 | -€4,916 | -21.7% |
| Recurring financial income | 75 | €22,705 | €17,789 | -€4,916 | -21.7% |
| Income from current assets | 751 | €15,833 | €11,435 | -€4,399 | -27.8% |
| Other financial income | 752/9 | €6,872 | €6,355 | -€517 | -7.5% |
| Financial charges | 65/66B | €15,110 | €29,866 | +€14,756 | +97.7% |
| Recurring financial charges | 65 | €15,110 | €29,866 | +€14,756 | +97.7% |
| Debt charges | 650 | €12,534 | €24,444 | +€11,910 | +95.0% |
| Other financial charges | 652/9 | €2,576 | €5,422 | +€2,846 | +110% |
| Profit (loss) for the period before taxes | 9903 | €24,700 | €35,750 | +€11,049 | +44.7% |
| Income taxes | 67/77 | €113 | €0 | -€113 | -100% |
| Taxes | 670/3 | €113 | €0 | -€113 | -100% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €24,587 | €35,750 | +€11,162 | +45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,587 | €35,750 | +€11,162 | +45.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.