Bitbikes: 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.
Bitbikes
Largest movements
- Receivables within one year -€50,339
down €50,339 (-75.1%), from €67,002 to €16,663
of which Other amounts receivable: -€45,964
- Cash +€24,299
up €24,299 (+23.8%), from €102,137 to €126,436
mainly Other debts (+€62,501) and Net result for the year (+€53,199)
- Tangible fixed assets -€8,758
down €8,758 (-16.6%), from €52,698 to €43,940
of which Furniture and vehicles: -€8,182
- Reserves -€96,801
down €96,801 (-50.8%), from €190,390 to €93,588
- Other debts +€62,501
new in 2025: €62,501
- Tax, wage and social debts -€5,167
down €5,167 (-31.7%), from €16,292 to €11,126
of which Taxes: -€5,169
- Trade debts +€3,497
up €3,497 (+1070.9%), from €327 to €3,823
- Gross operating margin -€24,762
down €24,762 (-21.4%), from €115,454 to €90,692
- Depreciation +€1,955
up €1,955 (+19.3%), from €10,148 to €12,103
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 | €225,609 | €189,638 | -€35,970 | -15.9% |
| Fixed assets | 21/28 | €52,698 | €43,940 | -€8,758 | -16.6% |
| Tangible fixed assets | 22/27 | €52,698 | €43,940 | -€8,758 | -16.6% |
| Land and buildings | 22 | €13,127 | €11,722 | -€1,405 | -10.7% |
| Plant, machinery and equipment | 23 | €4,551 | €5,379 | +€828 | +18.2% |
| Furniture and vehicles | 24 | €35,021 | €26,839 | -€8,182 | -23.4% |
| Current assets | 29/58 | €172,910 | €145,699 | -€27,212 | -15.7% |
| Amounts receivable within one year | 40/41 | €67,002 | €16,663 | -€50,339 | -75.1% |
| Trade receivables | 40 | €21,038 | €16,663 | -€4,375 | -20.8% |
| Other amounts receivable | 41 | €45,964 | - | -€45,964 | |
| Cash at bank and in hand | 54/58 | €102,137 | €126,436 | +€24,299 | +23.8% |
| Deferred charges and accrued income | 490/1 | €3,771 | €2,599 | -€1,172 | -31.1% |
| Total equity and liabilities | 10/49 | €225,609 | €189,638 | -€35,970 | -15.9% |
| Equity | 10/15 | €208,990 | €112,188 | -€96,801 | -46.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €190,390 | €93,588 | -€96,801 | -50.8% |
| Distributable reserves | 133 | €190,390 | €93,588 | -€96,801 | -50.8% |
| Amounts payable | 17/49 | €16,619 | €77,450 | +€60,831 | +366.0% |
| Amounts payable within one year | 42/48 | €16,619 | €77,450 | +€60,831 | +366.0% |
| Trade debts | 44 | €327 | €3,823 | +€3,497 | +1070.9% |
| Suppliers | 440/4 | €327 | €3,823 | +€3,497 | +1070.9% |
| Taxes, remuneration and social security | 45 | €16,292 | €11,126 | -€5,167 | -31.7% |
| Taxes | 450/3 | €16,292 | €11,124 | -€5,169 | -31.7% |
| Remuneration and social security | 454/9 | - | €2 | +€2 | |
| Other amounts payable | 47/48 | - | €62,501 | +€62,501 | |
| Remuneration, social security and pensions | 62 | - | €74 | +€74 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,148 | €12,103 | +€1,955 | +19.3% |
| Other operating charges | 640/8 | €777 | €1,030 | +€253 | +32.5% |
| Gross operating margin | 9900 | €115,454 | €90,692 | -€24,762 | -21.4% |
| Operating profit (loss) | 9901 | €104,529 | €77,485 | -€27,043 | -25.9% |
| Financial income | 75/76B | €0 | €133 | +€132 | +34778.9% |
| Recurring financial income | 75 | €0 | €133 | +€132 | +34778.9% |
| Financial charges | 65/66B | €4,663 | €4,505 | -€158 | -3.4% |
| Recurring financial charges | 65 | €4,663 | €4,505 | -€158 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €99,866 | €73,113 | -€26,753 | -26.8% |
| Income taxes | 67/77 | €20,932 | €19,915 | -€1,018 | -4.9% |
| Profit (loss) for the period | 9904 | €78,934 | €53,199 | -€25,736 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €78,934 | €53,199 | -€25,736 | -32.6% |
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 9 October 2026 via checked.be.