CYCLE JEEP: 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.
CYCLE JEEP
Largest movements
- Receivables within one year +€11,247
up €11,247 (+127%), from €8,867 to €20,114
of which Trade receivables: +€9,011
- Stocks and contracts +€8,737
up €8,737 (+6.5%), from €135,269 to €144,006
- Cash -€4,926
down €4,926 (-95.4%), from €5,163 to €236
mainly Short-term financial debts (-€16,701) and Receivables within one year (-€11,247)
- Deferred charges and accrued income +€2,074
up €2,074 (+155%), from €1,339 to €3,412
- Reserves +€20,932
up €20,932 (+37.9%), from €55,243 to €76,175
of which Distributable reserves: +€20,932
- Short-term financial debts -€16,701
down €16,701 (-72.7%), from €22,972 to €6,271
- Trade debts +€8,498
up €8,498 (+46.7%), from €18,201 to €26,699
- Other debts +€1,884
up €1,884 (+7.2%), from €26,226 to €28,110
- Gross operating margin +€15,473
up €15,473 (+21.8%), from €70,982 to €86,455
- Staff costs +€3,059
up €3,059 (+5.5%), from €55,375 to €58,434
- Taxes +€1,367
up €1,367 (+140%), from €979 to €2,346
- Financial charges -€1,300
down €1,300 (-42.8%), from €3,038 to €1,738
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 | €152,167 | €168,224 | +€16,056 | +10.6% |
| Fixed assets | 21/28 | €1,530 | €455 | -€1,075 | -70.2% |
| Tangible fixed assets | 22/27 | €1,406 | €331 | -€1,075 | -76.5% |
| Plant, machinery and equipment | 23 | €744 | €0 | -€744 | -100% |
| Other tangible fixed assets | 26 | €662 | €331 | -€331 | -50.0% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €150,637 | €167,768 | +€17,131 | +11.4% |
| Stocks and contracts in progress | 3 | €135,269 | €144,006 | +€8,737 | +6.5% |
| Stocks | 30/36 | €135,269 | €144,006 | +€8,737 | +6.5% |
| Amounts receivable within one year | 40/41 | €8,867 | €20,114 | +€11,247 | +127% |
| Trade receivables | 40 | €8,867 | €17,877 | +€9,011 | +102% |
| Other amounts receivable | 41 | - | €2,237 | +€2,237 | |
| Cash at bank and in hand | 54/58 | €5,163 | €236 | -€4,926 | -95.4% |
| Deferred charges and accrued income | 490/1 | €1,339 | €3,412 | +€2,074 | +155% |
| Total equity and liabilities | 10/49 | €152,167 | €168,224 | +€16,056 | +10.6% |
| Equity | 10/15 | €73,843 | €94,775 | +€20,932 | +28.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €55,243 | €76,175 | +€20,932 | +37.9% |
| Tax-exempt reserves | 132 | €2,862 | €2,862 | = | 0.0% |
| Distributable reserves | 133 | €52,381 | €73,313 | +€20,932 | +40.0% |
| Amounts payable | 17/49 | €78,324 | €73,448 | -€4,876 | -6.2% |
| Amounts payable within one year | 42/48 | €78,324 | €73,448 | -€4,876 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | - | €0 | = | |
| Financial debts | 43 | €22,972 | €6,271 | -€16,701 | -72.7% |
| Credit institutions | 430/8 | €22,972 | €6,271 | -€16,701 | -72.7% |
| Trade debts | 44 | €18,201 | €26,699 | +€8,498 | +46.7% |
| Suppliers | 440/4 | €18,201 | €26,699 | +€8,498 | +46.7% |
| Taxes, remuneration and social security | 45 | €10,925 | €12,368 | +€1,443 | +13.2% |
| Taxes | 450/3 | €4,130 | €5,121 | +€991 | +24.0% |
| Remuneration and social security | 454/9 | €6,795 | €7,248 | +€453 | +6.7% |
| Other amounts payable | 47/48 | €26,226 | €28,110 | +€1,884 | +7.2% |
| Remuneration, social security and pensions | 62 | €55,375 | €58,434 | +€3,059 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €331 | €1,075 | +€744 | +225% |
| Other operating charges | 640/8 | €2,582 | €1,930 | -€653 | -25.3% |
| Gross operating margin | 9900 | €70,982 | €86,455 | +€15,473 | +21.8% |
| Operating profit (loss) | 9901 | €12,694 | €25,016 | +€12,323 | +97.1% |
| Financial income | 75/76B | €64 | €0 | -€64 | -100% |
| Recurring financial income | 75 | €64 | €0 | -€64 | -100% |
| Financial charges | 65/66B | €3,038 | €1,738 | -€1,300 | -42.8% |
| Recurring financial charges | 65 | €3,038 | €1,738 | -€1,300 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €9,719 | €23,278 | +€13,559 | +140% |
| Income taxes | 67/77 | €979 | €2,346 | +€1,367 | +140% |
| Profit (loss) for the period | 9904 | €8,740 | €20,932 | +€12,192 | +140% |
| Profit (loss) for the period to be appropriated | 9905 | €8,740 | €20,932 | +€12,192 | +140% |
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.