BIKEPRO: 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.
BIKEPRO
Largest movements
- Cash -€694,232
down €694,232 (-81.7%), from €849,428 to €155,196
mainly Contributions, distributions and other (-€560,426) and Stocks and contracts (-€138,801)
- Stocks and contracts +€138,801
up €138,801 (+12.2%), from €1.1m to €1.3m
- Reserves -€375,426
down €375,426 (-22.1%), from €1.7m to €1.3m
- Debts after one year -€73,252
down €73,252 (-64.8%), from €113,054 to €39,802
of which Other amounts payable: -€50,194
- Trade debts -€54,540
down €54,540 (-35.4%), from €154,017 to €99,477
- Tax, wage and social debts -€43,027
down €43,027 (-37.8%), from €113,904 to €70,877
of which Remuneration and social security: -€34,532
- Staff costs -€99,360
down €99,360 (-24.5%), from €404,767 to €305,407
- Write-downs -€87,665
down €87,665, from €43,833 to -€43,833
- Other operating charges +€43,198
up €43,198 (+1910.4%), from €2,261 to €45,459
- Taxes +€12,593
up €12,593 (+38.1%), from €33,040 to €45,633
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 | €2,281,603 | €1,711,409 | -€570,194 | -25.0% |
| Fixed assets | 21/28 | €85,615 | €69,327 | -€16,288 | -19.0% |
| Tangible fixed assets | 22/27 | €85,615 | €69,327 | -€16,288 | -19.0% |
| Plant, machinery and equipment | 23 | €37,362 | €38,936 | +€1,574 | +4.2% |
| Furniture and vehicles | 24 | €48,253 | €30,391 | -€17,863 | -37.0% |
| Current assets | 29/58 | €2,195,989 | €1,642,083 | -€553,906 | -25.2% |
| Amounts receivable after more than one year | 29 | €50,389 | €51,776 | +€1,387 | +2.8% |
| Trade receivables | 290 | - | €51,776 | +€51,776 | |
| Other amounts receivable | 291 | €50,389 | - | -€50,389 | |
| Stocks and contracts in progress | 3 | €1,139,177 | €1,277,978 | +€138,801 | +12.2% |
| Stocks | 30/36 | €1,139,177 | €1,277,978 | +€138,801 | +12.2% |
| Amounts receivable within one year | 40/41 | €152,553 | €152,500 | -€53 | 0.0% |
| Trade receivables | 40 | €112,553 | €146,885 | +€34,332 | +30.5% |
| Other amounts receivable | 41 | €40,000 | €5,615 | -€34,385 | -86.0% |
| Cash at bank and in hand | 54/58 | €849,428 | €155,196 | -€694,232 | -81.7% |
| Deferred charges and accrued income | 490/1 | €4,441 | €4,632 | +€191 | +4.3% |
| Total equity and liabilities | 10/49 | €2,281,603 | €1,711,409 | -€570,194 | -25.0% |
| Equity | 10/15 | €1,712,834 | €1,337,785 | -€375,049 | -21.9% |
| Contributions | 10/11 | €11,364 | €11,364 | = | 0.0% |
| Reserves | 13 | €1,701,252 | €1,325,826 | -€375,426 | -22.1% |
| Distributable reserves | 133 | €1,701,252 | €1,325,826 | -€375,426 | -22.1% |
| Profit (loss) carried forward | 14 | €218 | €595 | +€377 | +173.4% |
| Amounts payable | 17/49 | €568,769 | €373,624 | -€195,145 | -34.3% |
| Amounts payable after more than one year | 17 | €113,054 | €39,802 | -€73,252 | -64.8% |
| Financial debts | 170/4 | €62,860 | €39,802 | -€23,058 | -36.7% |
| Other amounts payable | 178/9 | €50,194 | €0 | -€50,194 | -100.0% |
| Amounts payable within one year | 42/48 | €455,716 | €333,822 | -€121,893 | -26.7% |
| Current portion of amounts payable after more than one year | 42 | €33,654 | €26,058 | -€7,596 | -22.6% |
| Financial debts | 43 | €23,868 | €15,192 | -€8,676 | -36.3% |
| Credit institutions | 430/8 | €23,868 | €0 | -€23,868 | -100.0% |
| Other loans | 439 | - | €15,192 | +€15,192 | |
| Trade debts | 44 | €154,017 | €99,477 | -€54,540 | -35.4% |
| Suppliers | 440/4 | €154,017 | €99,477 | -€54,540 | -35.4% |
| Advances received on contracts in progress | 46 | €17,219 | €13,710 | -€3,509 | -20.4% |
| Taxes, remuneration and social security | 45 | €113,904 | €70,877 | -€43,027 | -37.8% |
| Taxes | 450/3 | €48,308 | €39,814 | -€8,495 | -17.6% |
| Remuneration and social security | 454/9 | €65,596 | €31,064 | -€34,532 | -52.6% |
| Other amounts payable | 47/48 | €113,055 | €108,508 | -€4,546 | -4.0% |
| Remuneration, social security and pensions | 62 | €404,767 | €305,407 | -€99,360 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,049 | €26,981 | -€67 | -0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €43,833 | -€43,833 | -€87,665 | |
| Other operating charges | 640/8 | €2,261 | €45,459 | +€43,198 | +1910.4% |
| Gross operating margin | 9900 | €561,008 | €555,975 | -€5,033 | -0.9% |
| Operating profit (loss) | 9901 | €83,099 | €221,961 | +€138,862 | +167.1% |
| Financial income | 75/76B | €14,980 | €20,238 | +€5,259 | +35.1% |
| Recurring financial income | 75 | €14,980 | €20,238 | +€5,259 | +35.1% |
| Financial charges | 65/66B | €15,140 | €11,189 | -€3,951 | -26.1% |
| Recurring financial charges | 65 | €15,140 | €11,189 | -€3,951 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €82,939 | €231,010 | +€148,071 | +178.5% |
| Income taxes | 67/77 | €33,040 | €45,633 | +€12,593 | +38.1% |
| Profit (loss) for the period | 9904 | €49,899 | €185,377 | +€135,478 | +271.5% |
| Transfer from tax-exempt reserves | 789 | €184,535 | €0 | -€184,535 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €234,435 | €185,377 | -€49,058 | -20.9% |
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 1 October 2026 via checked.be.