EUPEN 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.
EUPEN BIKES
Largest movements
- Cash -€26,034
down €26,034 (-32.9%), from €79,018 to €52,984
mainly Net result for the year (-€32,371) and Short-term financial debts (-€19,485)
- Stocks and contracts -€25,756
down €25,756 (-18.8%), from €136,762 to €111,007
- Tangible fixed assets -€20,133
down €20,133 (-58.4%), from €34,475 to €14,342
of which Furniture and vehicles: -€17,189
- Receivables within one year -€8,964
down €8,964 (-19.6%), from €45,773 to €36,809
of which Trade receivables: -€10,972
- Profit (loss) carried forward -€32,371
down €32,371 (-45.7%), from €70,886 to €38,514
- Short-term financial debts -€19,485
down €19,485 (-100%), from €19,485 to €0
of which Other loans: -€19,000
- Debts after one year -€14,000
down €14,000 (-43.6%), from €32,083 to €18,083
- Trade debts -€8,470
down €8,470 (-29.1%), from €29,091 to €20,621
- Tax, wage and social debts -€7,757
down €7,757 (-67.3%), from €11,526 to €3,769
of which Taxes: -€7,481
- Gross operating margin -€45,425
down €45,425, from €34,351 to -€11,074
- Write-downs +€18,337
up €18,337, from -€17,138 to €1,198
- Depreciation -€8,345
down €8,345 (-59.3%), from €14,062 to €5,717
- Taxes -€5,048
down €5,048 (-100%), from €5,048 to €0
- Staff costs +€3,308
up €3,308 (+47.6%), from €6,953 to €10,261
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 | €303,438 | €220,163 | -€83,274 | -27.4% |
| Formation expenses | 20 | €2,495 | €1,527 | -€968 | -38.8% |
| Fixed assets | 21/28 | €36,456 | €15,011 | -€21,445 | -58.8% |
| Intangible fixed assets | 21 | €1,982 | €669 | -€1,312 | -66.2% |
| Tangible fixed assets | 22/27 | €34,475 | €14,342 | -€20,133 | -58.4% |
| Furniture and vehicles | 24 | €17,648 | €458 | -€17,189 | -97.4% |
| Other tangible fixed assets | 26 | €16,827 | €13,883 | -€2,944 | -17.5% |
| Current assets | 29/58 | €264,486 | €203,625 | -€60,861 | -23.0% |
| Stocks and contracts in progress | 3 | €136,762 | €111,007 | -€25,756 | -18.8% |
| Stocks | 30/36 | €136,762 | €111,007 | -€25,756 | -18.8% |
| Amounts receivable within one year | 40/41 | €45,773 | €36,809 | -€8,964 | -19.6% |
| Trade receivables | 40 | €42,619 | €31,647 | -€10,972 | -25.7% |
| Other amounts receivable | 41 | €3,154 | €5,162 | +€2,008 | +63.7% |
| Cash at bank and in hand | 54/58 | €79,018 | €52,984 | -€26,034 | -32.9% |
| Deferred charges and accrued income | 490/1 | €2,932 | €2,825 | -€108 | -3.7% |
| Total equity and liabilities | 10/49 | €303,438 | €220,163 | -€83,274 | -27.4% |
| Equity | 10/15 | €185,128 | €152,756 | -€32,371 | -17.5% |
| Contributions | 10/11 | €20,942 | €20,942 | = | 0.0% |
| Reserves | 13 | €93,300 | €93,300 | = | 0.0% |
| Distributable reserves | 133 | €93,300 | €93,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,886 | €38,514 | -€32,371 | -45.7% |
| Amounts payable | 17/49 | €118,310 | €67,407 | -€50,903 | -43.0% |
| Amounts payable after more than one year | 17 | €32,083 | €18,083 | -€14,000 | -43.6% |
| Financial debts | 170/4 | €32,083 | €18,083 | -€14,000 | -43.6% |
| Amounts payable within one year | 42/48 | €80,543 | €43,654 | -€36,889 | -45.8% |
| Current portion of amounts payable after more than one year | 42 | €16,625 | €16,625 | = | 0.0% |
| Financial debts | 43 | €19,485 | €0 | -€19,485 | -100% |
| Credit institutions | 430/8 | €485 | €0 | -€485 | -100% |
| Other loans | 439 | €19,000 | €0 | -€19,000 | -100% |
| Trade debts | 44 | €29,091 | €20,621 | -€8,470 | -29.1% |
| Suppliers | 440/4 | €29,091 | €20,621 | -€8,470 | -29.1% |
| Advances received on contracts in progress | 46 | €115 | €475 | +€360 | +313% |
| Taxes, remuneration and social security | 45 | €11,526 | €3,769 | -€7,757 | -67.3% |
| Taxes | 450/3 | €10,474 | €2,993 | -€7,481 | -71.4% |
| Remuneration and social security | 454/9 | €1,052 | €776 | -€276 | -26.2% |
| Other amounts payable | 47/48 | €3,701 | €2,163 | -€1,537 | -41.5% |
| Accrued charges and deferred income | 492/3 | €5,684 | €5,670 | -€14 | -0.2% |
| Non-recurring operating income | 76A | - | €804 | +€804 | |
| Remuneration, social security and pensions | 62 | €6,953 | €10,261 | +€3,308 | +47.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,062 | €5,717 | -€8,345 | -59.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€17,138 | €1,198 | +€18,337 | |
| Other operating charges | 640/8 | €3,472 | €2,771 | -€701 | -20.2% |
| Gross operating margin | 9900 | €34,351 | -€11,074 | -€45,425 | |
| Operating profit (loss) | 9901 | €27,002 | -€31,021 | -€58,023 | |
| Financial income | 75/76B | €2,235 | €644 | -€1,591 | -71.2% |
| Recurring financial income | 75 | €2,235 | €644 | -€1,591 | -71.2% |
| Financial charges | 65/66B | €5,285 | €1,994 | -€3,290 | -62.3% |
| Recurring financial charges | 65 | €5,285 | €1,994 | -€3,290 | -62.3% |
| Profit (loss) for the period before taxes | 9903 | €23,953 | -€32,371 | -€56,324 | |
| Income taxes | 67/77 | €5,048 | €0 | -€5,048 | -100% |
| Profit (loss) for the period | 9904 | €18,905 | -€32,371 | -€51,276 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,905 | -€32,371 | -€51,276 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.