B-BIKES: 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.
B-BIKES
Largest movements
- Receivables within one year +€77,928
up €77,928 (+69.5%), from €112,051 to €189,979
of which Other amounts receivable: +€78,089
- Stocks and contracts -€65,419
down €65,419 (-13.7%), from €478,985 to €413,566
- Cash +€21,669
up €21,669 (+358.7%), from €6,040 to €27,709
mainly Trade debts (+€164,204) and Stocks and contracts (+€65,419)
- Tangible fixed assets -€7,085
down €7,085 (-9.7%), from €72,705 to €65,620
of which Other tangible fixed assets: -€4,530
- Trade debts +€164,204
up €164,204 (+71.8%), from €228,681 to €392,886
- Profit (loss) carried forward -€113,438
down €113,438, from €60,553 to -€52,885
- Debts after one year -€20,502
down €20,502 (-79.9%), from €25,674 to €5,172
- Other debts +€18,995
up €18,995 (+7.6%), from €248,619 to €267,614
- Current portion of long-term debt -€10,532
down €10,532 (-33.9%), from €31,034 to €20,502
- Gross operating margin -€19,217
down €19,217 (-39.7%), from €48,455 to €29,238
- Staff costs -€8,800
down €8,800 (-6.4%), from €138,417 to €129,617
- Financial charges -€3,298
down €3,298 (-27.7%), from €11,893 to €8,595
- Financial income -€2,510
down €2,510 (-28.1%), from €8,926 to €6,417
- Depreciation -€1,802
down €1,802 (-20.3%), from €8,887 to €7,085
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.
Cash bridge derived
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 | €671,905 | €698,688 | +€26,783 | +4.0% |
| Fixed assets | 21/28 | €72,705 | €65,620 | -€7,085 | -9.7% |
| Tangible fixed assets | 22/27 | €72,705 | €65,620 | -€7,085 | -9.7% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €2,555 | €0 | -€2,555 | -100.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €70,150 | €65,620 | -€4,530 | -6.5% |
| Current assets | 29/58 | €599,199 | €633,068 | +€33,868 | +5.7% |
| Stocks and contracts in progress | 3 | €478,985 | €413,566 | -€65,419 | -13.7% |
| Stocks | 30/36 | €478,985 | €413,566 | -€65,419 | -13.7% |
| Amounts receivable within one year | 40/41 | €112,051 | €189,979 | +€77,928 | +69.5% |
| Trade receivables | 40 | €15,029 | €14,868 | -€161 | -1.1% |
| Other amounts receivable | 41 | €97,022 | €175,111 | +€78,089 | +80.5% |
| Cash at bank and in hand | 54/58 | €6,040 | €27,709 | +€21,669 | +358.7% |
| Deferred charges and accrued income | 490/1 | €2,124 | €1,814 | -€309 | -14.6% |
| Total equity and liabilities | 10/49 | €671,905 | €698,688 | +€26,783 | +4.0% |
| Equity | 10/15 | €85,553 | -€27,885 | -€113,438 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,553 | -€52,885 | -€113,438 | |
| Amounts payable | 17/49 | €586,351 | €726,572 | +€140,221 | +23.9% |
| Amounts payable after more than one year | 17 | €25,674 | €5,172 | -€20,502 | -79.9% |
| Financial debts | 170/4 | €25,674 | €5,172 | -€20,502 | -79.9% |
| Amounts payable within one year | 42/48 | €556,865 | €719,673 | +€162,808 | +29.2% |
| Current portion of amounts payable after more than one year | 42 | €31,034 | €20,502 | -€10,532 | -33.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €228,681 | €392,886 | +€164,204 | +71.8% |
| Suppliers | 440/4 | €228,681 | €392,886 | +€164,204 | +71.8% |
| Advances received on contracts in progress | 46 | €4,261 | €0 | -€4,261 | -100.0% |
| Taxes, remuneration and social security | 45 | €44,269 | €38,671 | -€5,599 | -12.6% |
| Taxes | 450/3 | €17,327 | €10,554 | -€6,774 | -39.1% |
| Remuneration and social security | 454/9 | €26,942 | €28,117 | +€1,175 | +4.4% |
| Other amounts payable | 47/48 | €248,619 | €267,614 | +€18,995 | +7.6% |
| Accrued charges and deferred income | 492/3 | €3,813 | €1,728 | -€2,085 | -54.7% |
| Remuneration, social security and pensions | 62 | €138,417 | €129,617 | -€8,800 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,887 | €7,085 | -€1,802 | -20.3% |
| Other operating charges | 640/8 | €3,079 | €3,796 | +€717 | +23.3% |
| Non-recurring operating charges | 66A | €396 | €0 | -€396 | -100.0% |
| Gross operating margin | 9900 | €48,455 | €29,238 | -€19,217 | -39.7% |
| Operating profit (loss) | 9901 | -€102,324 | -€111,260 | -€8,936 | -8.7% |
| Financial income | 75/76B | €8,926 | €6,417 | -€2,510 | -28.1% |
| Recurring financial income | 75 | €8,926 | €6,417 | -€2,510 | -28.1% |
| Financial charges | 65/66B | €11,893 | €8,595 | -€3,298 | -27.7% |
| Recurring financial charges | 65 | €11,893 | €8,595 | -€3,298 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | -€105,290 | -€113,438 | -€8,148 | -7.7% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€105,290 | -€113,438 | -€8,148 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€105,290 | -€113,438 | -€8,148 | -7.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.