Hungry Cyclist: 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.
Hungry Cyclist
Largest movements
- Cash +€20,416
up €20,416 (+65.2%), from €31,290 to €51,707
mainly Advances received (+€19,333) and Receivables within one year (+€8,008)
- Receivables within one year -€8,008
down €8,008 (-73.6%), from €10,876 to €2,868
of which Trade receivables: -€8,261
- Deferred charges and accrued income +€3,912
up €3,912 (+8,218%), from €48 to €3,960
- Advances received +€19,333
up €19,333 (+242%), from €7,986 to €27,319
- Trade debts -€5,848
down €5,848 (-94.6%), from €6,179 to €331
- Profit (loss) carried forward +€2,800
up €2,800 (+20.1%), from -€13,960 to -€11,160
- Accrued charges and deferred income +€1,764
up €1,764 (+10.3%), from €17,054 to €18,818
- Other debts -€1,637
down €1,637 (-84.8%), from €1,929 to €293
- Gross operating margin +€15,202
up €15,202, from -€10,823 to €4,379
- Financial charges -€770
down €770 (-43.4%), from €1,775 to €1,005
- Other operating charges +€124
new in 2025: €124
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 | €44,731 | €60,601 | +€15,871 | +35.5% |
| Fixed assets | 21/28 | €2,516 | €2,066 | -€450 | -17.9% |
| Intangible fixed assets | 21 | €1,766 | €1,316 | -€450 | -25.5% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €42,214 | €58,535 | +€16,321 | +38.7% |
| Amounts receivable within one year | 40/41 | €10,876 | €2,868 | -€8,008 | -73.6% |
| Trade receivables | 40 | €10,741 | €2,481 | -€8,261 | -76.9% |
| Other amounts receivable | 41 | €135 | €388 | +€253 | +187% |
| Cash at bank and in hand | 54/58 | €31,290 | €51,707 | +€20,416 | +65.2% |
| Deferred charges and accrued income | 490/1 | €48 | €3,960 | +€3,912 | +8,218% |
| Total equity and liabilities | 10/49 | €44,731 | €60,601 | +€15,871 | +35.5% |
| Equity | 10/15 | €11,040 | €13,840 | +€2,800 | +25.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,960 | -€11,160 | +€2,800 | +20.1% |
| Amounts payable | 17/49 | €33,691 | €46,762 | +€13,071 | +38.8% |
| Amounts payable within one year | 42/48 | €16,637 | €27,944 | +€11,307 | +68.0% |
| Trade debts | 44 | €6,179 | €331 | -€5,848 | -94.6% |
| Suppliers | 440/4 | €6,179 | €331 | -€5,848 | -94.6% |
| Advances received on contracts in progress | 46 | €7,986 | €27,319 | +€19,333 | +242% |
| Taxes, remuneration and social security | 45 | €542 | €0 | -€542 | -100% |
| Taxes | 450/3 | €542 | €0 | -€542 | -100% |
| Other amounts payable | 47/48 | €1,929 | €293 | -€1,637 | -84.8% |
| Accrued charges and deferred income | 492/3 | €17,054 | €18,818 | +€1,764 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €450 | €450 | = | 0.0% |
| Other operating charges | 640/8 | - | €124 | +€124 | |
| Gross operating margin | 9900 | -€10,823 | €4,379 | +€15,202 | |
| Operating profit (loss) | 9901 | -€11,273 | €3,805 | +€15,078 | |
| Financial charges | 65/66B | €1,775 | €1,005 | -€770 | -43.4% |
| Recurring financial charges | 65 | €1,775 | €1,005 | -€770 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | -€13,048 | €2,800 | +€15,848 | |
| Profit (loss) for the period | 9904 | -€13,048 | €2,800 | +€15,848 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,048 | €2,800 | +€15,848 |
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 15 October 2026 via checked.be.