BIKESQUARE: 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.
BIKESQUARE
Largest movements
- Cash -€70,750
down €70,750 (-60.8%), from €116,451 to €45,701
mainly Investment in fixed assets (net) (-€79,793) and Trade debts (-€36,365)
- Intangible fixed assets +€54,181
up €54,181 (+1,210%), from €4,479 to €58,661
- Stocks and contracts -€12,392
down €12,392 (-6.0%), from €207,765 to €195,373
- Receivables within one year +€8,595
up €8,595 (+47.5%), from €18,085 to €26,680
of which Other amounts receivable: +€7,657
- Deferred charges and accrued income -€7,238
down €7,238 (-98.3%), from €7,365 to €127
- Trade debts -€36,365
down €36,365 (-25.2%), from €144,486 to €108,121
- Debts after one year -€31,832
down €31,832 (-100%), from €31,832 to €0
- Other debts +€24,789
up €24,789 (+3,840%), from €646 to €25,435
- Tax, wage and social debts +€8,417
up €8,417 (+21.6%), from €38,963 to €47,380
of which Remuneration and social security: +€6,976
- Short-term financial debts +€4,955
up €4,955 (+14.1%), from €35,167 to €40,122
of which Credit institutions: +€4,955
- Gross operating margin -€72,452
down €72,452 (-25.2%), from €288,030 to €215,579
- Taxes -€13,871
down €13,871 (-58.1%), from €23,871 to €10,000
- Write-downs -€3,065
down €3,065 (-100%), from €3,065 to €0
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 | €404,466 | €382,107 | -€22,359 | -5.5% |
| Fixed assets | 21/28 | €54,801 | €114,226 | +€59,425 | +108% |
| Intangible fixed assets | 21 | €4,479 | €58,661 | +€54,181 | +1,210% |
| Tangible fixed assets | 22/27 | €46,501 | €51,613 | +€5,111 | +11.0% |
| Other tangible fixed assets | 26 | €46,501 | €51,613 | +€5,111 | +11.0% |
| Financial fixed assets | 28 | €3,820 | €3,953 | +€132 | +3.5% |
| Current assets | 29/58 | €349,665 | €267,881 | -€81,784 | -23.4% |
| Stocks and contracts in progress | 3 | €207,765 | €195,373 | -€12,392 | -6.0% |
| Stocks | 30/36 | €207,765 | €195,373 | -€12,392 | -6.0% |
| Amounts receivable within one year | 40/41 | €18,085 | €26,680 | +€8,595 | +47.5% |
| Trade receivables | 40 | - | €938 | +€938 | |
| Other amounts receivable | 41 | €18,085 | €25,742 | +€7,657 | +42.3% |
| Cash at bank and in hand | 54/58 | €116,451 | €45,701 | -€70,750 | -60.8% |
| Deferred charges and accrued income | 490/1 | €7,365 | €127 | -€7,238 | -98.3% |
| Total equity and liabilities | 10/49 | €404,466 | €382,107 | -€22,359 | -5.5% |
| Equity | 10/15 | €122,543 | €124,359 | +€1,816 | +1.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,543 | €94,359 | +€1,816 | +2.0% |
| Amounts payable | 17/49 | €281,923 | €257,748 | -€24,175 | -8.6% |
| Amounts payable after more than one year | 17 | €31,832 | €0 | -€31,832 | -100% |
| Financial debts | 170/4 | €31,832 | €0 | -€31,832 | -100% |
| Amounts payable within one year | 42/48 | €250,091 | €253,898 | +€3,807 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €30,830 | €32,841 | +€2,010 | +6.5% |
| Financial debts | 43 | €35,167 | €40,122 | +€4,955 | +14.1% |
| Credit institutions | 430/8 | €35,167 | €40,122 | +€4,955 | +14.1% |
| Other loans | 439 | - | €0 | = | |
| Trade debts | 44 | €144,486 | €108,121 | -€36,365 | -25.2% |
| Suppliers | 440/4 | €144,486 | €108,121 | -€36,365 | -25.2% |
| Taxes, remuneration and social security | 45 | €38,963 | €47,380 | +€8,417 | +21.6% |
| Taxes | 450/3 | €16,050 | €17,491 | +€1,441 | +9.0% |
| Remuneration and social security | 454/9 | €22,913 | €29,889 | +€6,976 | +30.4% |
| Other amounts payable | 47/48 | €646 | €25,435 | +€24,789 | +3,840% |
| Accrued charges and deferred income | 492/3 | - | €3,850 | +€3,850 | |
| Remuneration, social security and pensions | 62 | €176,196 | €177,292 | +€1,096 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,955 | €20,368 | +€413 | +2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,065 | €0 | -€3,065 | -100% |
| Other operating charges | 640/8 | €1,196 | €567 | -€629 | -52.6% |
| Gross operating margin | 9900 | €288,030 | €215,579 | -€72,452 | -25.2% |
| Operating profit (loss) | 9901 | €87,619 | €17,352 | -€70,266 | -80.2% |
| Financial income | 75/76B | €2,198 | €96 | -€2,102 | -95.6% |
| Recurring financial income | 75 | €2,198 | €96 | -€2,102 | -95.6% |
| Financial charges | 65/66B | €6,116 | €5,632 | -€484 | -7.9% |
| Recurring financial charges | 65 | €6,116 | €5,632 | -€484 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €83,701 | €11,816 | -€71,884 | -85.9% |
| Income taxes | 67/77 | €23,871 | €10,000 | -€13,871 | -58.1% |
| Profit (loss) for the period | 9904 | €59,830 | €1,816 | -€58,013 | -97.0% |
| Profit (loss) for the period to be appropriated | 9905 | €59,830 | €1,816 | -€58,013 | -97.0% |
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 14 October 2026 via checked.be.