CHRISTOPHE BIKES: 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.
CHRISTOPHE BIKES
Largest movements
- Cash +€318,826
up €318,826 (+262%), from €121,615 to €440,440
mainly Current portion of long-term debt (+€195,541) and Net result for the year (+€124,785)
- Receivables within one year +€61,880
up €61,880 (+110%), from €56,092 to €117,972
of which Trade receivables: +€61,474
- Tangible fixed assets -€51,439
down €51,439 (-6.2%), from €832,399 to €780,960
of which Furniture and vehicles: -€30,745
- Stocks and contracts -€25,000
down €25,000 (-2.9%), from €873,880 to €848,880
- Current portion of long-term debt +€195,541
up €195,541 (+277%), from €70,698 to €266,239
- Reserves +€124,785
up €124,785 (+16.6%), from €750,237 to €875,023
- Trade debts +€54,434
up €54,434 (+40.9%), from €132,937 to €187,371
- Short-term financial debts -€50,000
down €50,000 (-100%), from €50,000 to €0
- Other debts +€22,698
up €22,698 (+9.0%), from €253,352 to €276,050
- Gross operating margin +€121,219
up €121,219 (+51.0%), from €237,556 to €358,776
- Taxes +€35,469
up €35,469 (+200%), from €17,763 to €53,232
- Financial income +€9,355
up €9,355 (+159%), from €5,868 to €15,223
- Staff costs +€7,208
up €7,208 (+8.5%), from €85,269 to €92,477
- Financial charges -€5,776
down €5,776 (-23.0%), from €25,131 to €19,355
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 | €1,888,508 | €2,194,674 | +€306,167 | +16.2% |
| Fixed assets | 21/28 | €833,324 | €781,109 | -€52,216 | -6.3% |
| Intangible fixed assets | 21 | €926 | €149 | -€777 | -83.9% |
| Tangible fixed assets | 22/27 | €832,399 | €780,960 | -€51,439 | -6.2% |
| Land and buildings | 22 | €739,461 | €711,938 | -€27,524 | -3.7% |
| Plant, machinery and equipment | 23 | €20,144 | €26,974 | +€6,830 | +33.9% |
| Furniture and vehicles | 24 | €67,293 | €36,548 | -€30,745 | -45.7% |
| Other tangible fixed assets | 26 | €5,500 | €5,500 | = | 0.0% |
| Current assets | 29/58 | €1,055,183 | €1,413,566 | +€358,382 | +34.0% |
| Stocks and contracts in progress | 3 | €873,880 | €848,880 | -€25,000 | -2.9% |
| Stocks | 30/36 | €873,880 | €848,880 | -€25,000 | -2.9% |
| Amounts receivable within one year | 40/41 | €56,092 | €117,972 | +€61,880 | +110% |
| Trade receivables | 40 | €19,981 | €81,455 | +€61,474 | +308% |
| Other amounts receivable | 41 | €36,111 | €36,518 | +€406 | +1.1% |
| Cash at bank and in hand | 54/58 | €121,615 | €440,440 | +€318,826 | +262% |
| Deferred charges and accrued income | 490/1 | €3,596 | €6,272 | +€2,676 | +74.4% |
| Total equity and liabilities | 10/49 | €1,888,508 | €2,194,674 | +€306,167 | +16.2% |
| Equity | 10/15 | €762,637 | €887,423 | +€124,785 | +16.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €750,237 | €875,023 | +€124,785 | +16.6% |
| Distributable reserves | 133 | €750,237 | €875,023 | +€124,785 | +16.6% |
| Amounts payable | 17/49 | €1,125,870 | €1,307,251 | +€181,381 | +16.1% |
| Amounts payable after more than one year | 17 | €507,623 | €499,268 | -€8,354 | -1.6% |
| Financial debts | 170/4 | €507,623 | €499,268 | -€8,354 | -1.6% |
| Amounts payable within one year | 42/48 | €604,259 | €805,175 | +€200,917 | +33.3% |
| Current portion of amounts payable after more than one year | 42 | €70,698 | €266,239 | +€195,541 | +277% |
| Financial debts | 43 | €50,000 | €0 | -€50,000 | -100% |
| Other loans | 439 | €50,000 | €0 | -€50,000 | -100% |
| Trade debts | 44 | €132,937 | €187,371 | +€54,434 | +40.9% |
| Suppliers | 440/4 | €132,937 | €187,371 | +€54,434 | +40.9% |
| Taxes, remuneration and social security | 45 | €97,271 | €75,515 | -€21,756 | -22.4% |
| Taxes | 450/3 | €84,437 | €60,100 | -€24,336 | -28.8% |
| Remuneration and social security | 454/9 | €12,835 | €15,415 | +€2,580 | +20.1% |
| Other amounts payable | 47/48 | €253,352 | €276,050 | +€22,698 | +9.0% |
| Accrued charges and deferred income | 492/3 | €13,989 | €2,808 | -€11,181 | -79.9% |
| Remuneration, social security and pensions | 62 | €85,269 | €92,477 | +€7,208 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,369 | €67,246 | +€1,877 | +2.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €16,831 | €16,904 | +€73 | +0.4% |
| Gross operating margin | 9900 | €237,556 | €358,776 | +€121,219 | +51.0% |
| Operating profit (loss) | 9901 | €70,087 | €182,149 | +€112,062 | +160% |
| Financial income | 75/76B | €5,868 | €15,223 | +€9,355 | +159% |
| Recurring financial income | 75 | €5,868 | €15,223 | +€9,355 | +159% |
| Financial charges | 65/66B | €25,131 | €19,355 | -€5,776 | -23.0% |
| Recurring financial charges | 65 | €25,131 | €19,355 | -€5,776 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €50,824 | €178,017 | +€127,193 | +250% |
| Income taxes | 67/77 | €17,763 | €53,232 | +€35,469 | +200% |
| Profit (loss) for the period | 9904 | €33,061 | €124,785 | +€91,724 | +277% |
| Profit (loss) for the period to be appropriated | 9905 | €33,061 | €124,785 | +€91,724 | +277% |
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 21 October 2026 via checked.be.