Bike Engineering: 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.
Bike Engineering
Largest movements
- Cash +€11,426
up €11,426 (+28.0%), from €40,850 to €52,276
mainly Tax, wage and social debts (+€10,100) and Net result for the year (+€9,526)
- Stocks and contracts +€8,773
up €8,773 (+2.5%), from €349,994 to €358,767
- Deferred charges and accrued income +€6,377
new in 2025: €6,377
- Receivables within one year -€6,198
down €6,198 (-19.5%), from €31,782 to €25,585
- Tangible fixed assets -€5,513
down €5,513 (-100.0%), from €5,513 to €0
of which Plant, machinery and equipment: -€3,388
- Tax, wage and social debts +€10,100
up €10,100 (+90.6%), from €11,148 to €21,247
- Reserves +€9,526
up €9,526 (+5.1%), from €185,608 to €195,134
- Trade debts -€4,759
down €4,759 (-4.5%), from €106,384 to €101,625
- Gross operating margin -€10,483
down €10,483 (-42.9%), from €24,421 to €13,938
- Financial income +€2,187
up €2,187 (+48.4%), from €4,516 to €6,703
- Staff costs -€1,876
no longer reported in 2025 (was €1,876)
- Depreciation -€1,307
down €1,307 (-19.2%), from €6,819 to €5,513
- Taxes -€1,077
down €1,077 (-20.5%), from €5,249 to €4,172
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 | €428,139 | €443,006 | +€14,866 | +3.5% |
| Fixed assets | 21/28 | €5,513 | €0 | -€5,513 | -100.0% |
| Tangible fixed assets | 22/27 | €5,513 | €0 | -€5,513 | -100.0% |
| Plant, machinery and equipment | 23 | €3,388 | €0 | -€3,388 | -100.0% |
| Furniture and vehicles | 24 | €2,125 | €0 | -€2,125 | -100.0% |
| Current assets | 29/58 | €422,627 | €443,006 | +€20,379 | +4.8% |
| Stocks and contracts in progress | 3 | €349,994 | €358,767 | +€8,773 | +2.5% |
| Stocks | 30/36 | €349,994 | €358,767 | +€8,773 | +2.5% |
| Amounts receivable within one year | 40/41 | €31,782 | €25,585 | -€6,198 | -19.5% |
| Trade receivables | 40 | €31,782 | €25,585 | -€6,198 | -19.5% |
| Cash at bank and in hand | 54/58 | €40,850 | €52,276 | +€11,426 | +28.0% |
| Deferred charges and accrued income | 490/1 | - | €6,377 | +€6,377 | |
| Total equity and liabilities | 10/49 | €428,139 | €443,006 | +€14,866 | +3.5% |
| Equity | 10/15 | €310,608 | €320,134 | +€9,526 | +3.1% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €185,608 | €195,134 | +€9,526 | +5.1% |
| Distributable reserves | 133 | €185,608 | €195,134 | +€9,526 | +5.1% |
| Amounts payable | 17/49 | €117,532 | €122,872 | +€5,340 | +4.5% |
| Amounts payable within one year | 42/48 | €117,532 | €122,872 | +€5,340 | +4.5% |
| Trade debts | 44 | €106,384 | €101,625 | -€4,759 | -4.5% |
| Suppliers | 440/4 | €106,384 | €101,625 | -€4,759 | -4.5% |
| Taxes, remuneration and social security | 45 | €11,148 | €21,247 | +€10,100 | +90.6% |
| Taxes | 450/3 | €11,148 | €21,247 | +€10,100 | +90.6% |
| Remuneration, social security and pensions | 62 | €1,876 | - | -€1,876 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,819 | €5,513 | -€1,307 | -19.2% |
| Other operating charges | 640/8 | €844 | €871 | +€27 | +3.2% |
| Gross operating margin | 9900 | €24,421 | €13,938 | -€10,483 | -42.9% |
| Operating profit (loss) | 9901 | €14,881 | €7,554 | -€7,327 | -49.2% |
| Financial income | 75/76B | €4,516 | €6,703 | +€2,187 | +48.4% |
| Recurring financial income | 75 | €4,516 | €6,703 | +€2,187 | +48.4% |
| Financial charges | 65/66B | €1,002 | €559 | -€443 | -44.2% |
| Recurring financial charges | 65 | €1,002 | €559 | -€443 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €18,395 | €13,698 | -€4,697 | -25.5% |
| Income taxes | 67/77 | €5,249 | €4,172 | -€1,077 | -20.5% |
| Profit (loss) for the period | 9904 | €13,146 | €9,526 | -€3,620 | -27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,146 | €9,526 | -€3,620 | -27.5% |
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 2 October 2026 via checked.be.