CastBikes: 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.
CastBikes
Largest movements
- Stocks and contracts +€79,344
up €79,344 (+62.2%), from €127,490 to €206,833
- Cash +€58,225
up €58,225 (+371%), from €15,697 to €73,922
mainly Net result for the year (+€122,673) and Debts after one year (+€89,525)
- Tangible fixed assets +€22,704
up €22,704 (+5.3%), from €430,059 to €452,763
of which Land and buildings: +€12,612
- Debts after one year +€89,525
up €89,525 (+20.0%), from €447,131 to €536,656
- Tax, wage and social debts +€53,589
up €53,589 (+275%), from €19,506 to €73,095
of which Taxes: +€53,954
- Trade debts +€35,004
up €35,004 (+157%), from €22,258 to €57,261
- Reserves -€19,068
down €19,068 (-45.7%), from €41,741 to €22,673
- Gross operating margin +€116,957
up €116,957 (+125%), from €93,931 to €210,888
- Depreciation -€50,552
down €50,552 (-62.4%), from €80,997 to €30,445
- Taxes +€43,962
up €43,962 (+77,891%), from €56 to €44,018
- Financial income +€2,743
up €2,743 (+247%), from €1,108 to €3,851
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 | €584,922 | €752,326 | +€167,404 | +28.6% |
| Fixed assets | 21/28 | €430,529 | €452,918 | +€22,389 | +5.2% |
| Intangible fixed assets | 21 | €470 | €155 | -€315 | -67.0% |
| Tangible fixed assets | 22/27 | €430,059 | €452,763 | +€22,704 | +5.3% |
| Land and buildings | 22 | €410,946 | €423,558 | +€12,612 | +3.1% |
| Plant, machinery and equipment | 23 | €10,136 | €18,548 | +€8,412 | +83.0% |
| Furniture and vehicles | 24 | €8,977 | €10,657 | +€1,679 | +18.7% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €154,393 | €299,408 | +€145,015 | +93.9% |
| Stocks and contracts in progress | 3 | €127,490 | €206,833 | +€79,344 | +62.2% |
| Stocks | 30/36 | €127,490 | €206,833 | +€79,344 | +62.2% |
| Amounts receivable within one year | 40/41 | €10,904 | €15,424 | +€4,520 | +41.5% |
| Trade receivables | 40 | €9,695 | €15,415 | +€5,720 | +59.0% |
| Other amounts receivable | 41 | €1,209 | €9 | -€1,200 | -99.2% |
| Cash at bank and in hand | 54/58 | €15,697 | €73,922 | +€58,225 | +371% |
| Deferred charges and accrued income | 490/1 | €302 | €3,229 | +€2,927 | +970% |
| Total equity and liabilities | 10/49 | €584,922 | €752,326 | +€167,404 | +28.6% |
| Equity | 10/15 | €71,741 | €52,673 | -€19,068 | -26.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €41,741 | €22,673 | -€19,068 | -45.7% |
| Distributable reserves | 133 | €41,741 | €22,673 | -€19,068 | -45.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €513,181 | €699,653 | +€186,472 | +36.3% |
| Amounts payable after more than one year | 17 | €447,131 | €536,656 | +€89,525 | +20.0% |
| Financial debts | 170/4 | €447,131 | €536,656 | +€89,525 | +20.0% |
| Amounts payable within one year | 42/48 | €66,049 | €161,678 | +€95,629 | +145% |
| Current portion of amounts payable after more than one year | 42 | €21,089 | €21,955 | +€866 | +4.1% |
| Trade debts | 44 | €22,258 | €57,261 | +€35,004 | +157% |
| Suppliers | 440/4 | €22,258 | €57,261 | +€35,004 | +157% |
| Taxes, remuneration and social security | 45 | €19,506 | €73,095 | +€53,589 | +275% |
| Taxes | 450/3 | €18,162 | €72,117 | +€53,954 | +297% |
| Remuneration and social security | 454/9 | €1,344 | €978 | -€366 | -27.2% |
| Other amounts payable | 47/48 | €3,196 | €9,367 | +€6,171 | +193% |
| Accrued charges and deferred income | 492/3 | - | €1,318 | +€1,318 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,997 | €30,445 | -€50,552 | -62.4% |
| Other operating charges | 640/8 | €1,256 | €2,234 | +€978 | +77.9% |
| Gross operating margin | 9900 | €93,931 | €210,888 | +€116,957 | +125% |
| Operating profit (loss) | 9901 | €11,678 | €178,209 | +€166,530 | +1,426% |
| Financial income | 75/76B | €1,108 | €3,851 | +€2,743 | +247% |
| Recurring financial income | 75 | €1,108 | €3,851 | +€2,743 | +247% |
| Financial charges | 65/66B | €13,699 | €15,368 | +€1,669 | +12.2% |
| Recurring financial charges | 65 | €13,699 | €15,368 | +€1,669 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | -€913 | €166,691 | +€167,604 | |
| Income taxes | 67/77 | €56 | €44,018 | +€43,962 | +77,891% |
| Profit (loss) for the period | 9904 | -€969 | €122,673 | +€123,642 | |
| Profit (loss) for the period to be appropriated | 9905 | -€969 | €122,673 | +€123,642 |
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 16 October 2026 via checked.be.