BIKE DESIGN: 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.
BIKE DESIGN
Largest movements
- Stocks and contracts +€101,240
up €101,240 (+10.7%), from €943,802 to €1.0m
- Other debts +€175,986
up €175,986 (+65.2%), from €270,054 to €446,039
- Debts after one year -€55,540
down €55,540 (-52.5%), from €105,776 to €50,236
- Profit (loss) carried forward -€53,054
down €53,054 (-13.3%), from €398,808 to €345,754
- Trade debts +€23,406
up €23,406 (+21.3%), from €110,065 to €133,471
- Tax, wage and social debts +€21,449
up €21,449 (+66.5%), from €32,233 to €53,682
of which Remuneration and social security: +€23,735
- Staff costs +€51,854
up €51,854 (+20.4%), from €253,640 to €305,495
- Financial charges -€16,166
down €16,166 (-38.1%), from €42,413 to €26,247
- Gross operating margin -€12,401
down €12,401 (-4.0%), from €311,148 to €298,747
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 | €1,273,411 | €1,385,073 | +€111,662 | +8.8% |
| Fixed assets | 21/28 | €14,942 | €1,442 | -€13,500 | -90.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €14,942 | €1,442 | -€13,500 | -90.4% |
| Furniture and vehicles | 24 | €14,942 | €1,442 | -€13,500 | -90.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €1,258,470 | €1,383,632 | +€125,162 | +9.9% |
| Stocks and contracts in progress | 3 | €943,802 | €1,045,042 | +€101,240 | +10.7% |
| Stocks | 30/36 | €943,802 | €1,045,042 | +€101,240 | +10.7% |
| Amounts receivable within one year | 40/41 | €313,355 | €326,842 | +€13,486 | +4.3% |
| Trade receivables | 40 | €313,355 | €326,842 | +€13,486 | +4.3% |
| Cash at bank and in hand | 54/58 | €1,312 | €11,748 | +€10,436 | +795% |
| Total equity and liabilities | 10/49 | €1,273,411 | €1,385,073 | +€111,662 | +8.8% |
| Equity | 10/15 | €449,775 | €396,721 | -€53,054 | -11.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €32,375 | €32,375 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,516 | €30,516 | = | 0.0% |
| Profit (loss) carried forward | 14 | €398,808 | €345,754 | -€53,054 | -13.3% |
| Amounts payable | 17/49 | €823,637 | €988,353 | +€164,716 | +20.0% |
| Amounts payable after more than one year | 17 | €105,776 | €50,236 | -€55,540 | -52.5% |
| Financial debts | 170/4 | €105,776 | €50,236 | -€55,540 | -52.5% |
| Amounts payable within one year | 42/48 | €717,861 | €938,117 | +€220,256 | +30.7% |
| Current portion of amounts payable after more than one year | 42 | €55,681 | €55,540 | -€141 | -0.3% |
| Financial debts | 43 | €249,828 | €249,384 | -€444 | -0.2% |
| Credit institutions | 430/8 | €249,828 | €249,384 | -€444 | -0.2% |
| Trade debts | 44 | €110,065 | €133,471 | +€23,406 | +21.3% |
| Suppliers | 440/4 | €110,065 | €133,471 | +€23,406 | +21.3% |
| Taxes, remuneration and social security | 45 | €32,233 | €53,682 | +€21,449 | +66.5% |
| Taxes | 450/3 | €7,482 | €5,196 | -€2,286 | -30.6% |
| Remuneration and social security | 454/9 | €24,751 | €48,486 | +€23,735 | +95.9% |
| Other amounts payable | 47/48 | €270,054 | €446,039 | +€175,986 | +65.2% |
| Remuneration, social security and pensions | 62 | €253,640 | €305,495 | +€51,854 | +20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €829 | €1,139 | +€310 | +37.4% |
| Other operating charges | 640/8 | €5,573 | €4,983 | -€590 | -10.6% |
| Non-recurring operating charges | 66A | - | €14,225 | +€14,225 | |
| Gross operating margin | 9900 | €311,148 | €298,747 | -€12,401 | -4.0% |
| Operating profit (loss) | 9901 | €51,106 | -€27,095 | -€78,201 | |
| Financial income | 75/76B | €836 | €862 | +€26 | +3.1% |
| Recurring financial income | 75 | €836 | €862 | +€26 | +3.1% |
| Financial charges | 65/66B | €42,413 | €26,247 | -€16,166 | -38.1% |
| Recurring financial charges | 65 | €42,413 | €26,247 | -€16,166 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €9,529 | -€52,480 | -€62,009 | |
| Income taxes | 67/77 | -€104 | €574 | +€678 | |
| Profit (loss) for the period | 9904 | €9,633 | -€53,054 | -€62,687 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,633 | -€53,054 | -€62,687 |
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 29 October 2026 via checked.be.