INTERBIKE: 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.
INTERBIKE
Largest movements
- Receivables within one year +€109,919
up €109,919 (+97.3%), from €112,924 to €222,843
of which Trade receivables: +€114,061
- Stocks and contracts -€89,158
down €89,158 (-9.5%), from €940,310 to €851,152
- Cash +€85,478
up €85,478 (+189%), from €45,314 to €130,792
mainly Stocks and contracts (+€89,158) and Other debts (+€42,404)
- Tangible fixed assets -€12,541
down €12,541 (-40.1%), from €31,304 to €18,763
of which Land and buildings: -€10,563
- Other debts +€42,404
up €42,404 (+65.2%), from €65,023 to €107,427
- Debts after one year -€30,668
down €30,668 (-96.0%), from €31,938 to €1,269
of which Other amounts payable: -€30,668
- Reserves +€30,116
up €30,116 (+17.6%), from €171,026 to €201,142
of which Distributable reserves: +€30,116
- Tax, wage and social debts +€29,857
up €29,857 (+149%), from €19,983 to €49,840
of which Taxes: +€32,503
- Short-term financial debts +€13,026
up €13,026 (+4.9%), from €263,764 to €276,790
- Write-downs +€56,009
up €56,009 (+336%), from €16,645 to €72,654
- Gross operating margin +€40,135
up €40,135 (+20.7%), from €193,611 to €233,745
- Other operating charges -€7,068
down €7,068 (-41.3%), from €17,117 to €10,049
- Depreciation -€6,197
down €6,197 (-33.1%), from €18,738 to €12,541
- Financial charges -€5,065
down €5,065 (-24.2%), from €20,917 to €15,852
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 | €1,135,375 | €1,225,282 | +€89,907 | +7.9% |
| Fixed assets | 21/28 | €31,304 | €18,763 | -€12,541 | -40.1% |
| Tangible fixed assets | 22/27 | €31,304 | €18,763 | -€12,541 | -40.1% |
| Land and buildings | 22 | €27,373 | €16,810 | -€10,563 | -38.6% |
| Plant, machinery and equipment | 23 | €2,870 | €1,592 | -€1,278 | -44.5% |
| Furniture and vehicles | 24 | €1,061 | €361 | -€700 | -65.9% |
| Current assets | 29/58 | €1,104,072 | €1,206,520 | +€102,448 | +9.3% |
| Stocks and contracts in progress | 3 | €940,310 | €851,152 | -€89,158 | -9.5% |
| Stocks | 30/36 | €940,310 | €851,152 | -€89,158 | -9.5% |
| Amounts receivable within one year | 40/41 | €112,924 | €222,843 | +€109,919 | +97.3% |
| Trade receivables | 40 | €54,106 | €168,167 | +€114,061 | +211% |
| Other amounts receivable | 41 | €58,818 | €54,676 | -€4,142 | -7.0% |
| Cash at bank and in hand | 54/58 | €45,314 | €130,792 | +€85,478 | +189% |
| Deferred charges and accrued income | 490/1 | €5,524 | €1,733 | -€3,790 | -68.6% |
| Total equity and liabilities | 10/49 | €1,135,375 | €1,225,282 | +€89,907 | +7.9% |
| Equity | 10/15 | €272,662 | €302,778 | +€30,116 | +11.0% |
| Contributions | 10/11 | €101,636 | €101,636 | = | 0.0% |
| Reserves | 13 | €171,026 | €201,142 | +€30,116 | +17.6% |
| Tax-exempt reserves | 132 | €41 | €41 | = | 0.0% |
| Distributable reserves | 133 | €170,985 | €201,101 | +€30,116 | +17.6% |
| Amounts payable | 17/49 | €862,713 | €922,504 | +€59,791 | +6.9% |
| Amounts payable after more than one year | 17 | €31,938 | €1,269 | -€30,668 | -96.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €31,938 | €1,269 | -€30,668 | -96.0% |
| Amounts payable within one year | 42/48 | €830,776 | €921,235 | +€90,460 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €12,092 | €15,436 | +€3,344 | +27.7% |
| Financial debts | 43 | €263,764 | €276,790 | +€13,026 | +4.9% |
| Credit institutions | 430/8 | €263,764 | €276,790 | +€13,026 | +4.9% |
| Trade debts | 44 | €468,800 | €465,575 | -€3,225 | -0.7% |
| Suppliers | 440/4 | €468,800 | €465,575 | -€3,225 | -0.7% |
| Advances received on contracts in progress | 46 | €1,113 | €6,167 | +€5,054 | +454% |
| Taxes, remuneration and social security | 45 | €19,983 | €49,840 | +€29,857 | +149% |
| Taxes | 450/3 | €10,720 | €43,223 | +€32,503 | +303% |
| Remuneration and social security | 454/9 | €9,263 | €6,617 | -€2,646 | -28.6% |
| Other amounts payable | 47/48 | €65,023 | €107,427 | +€42,404 | +65.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €7,660 | +€7,660 | |
| Remuneration, social security and pensions | 62 | €78,561 | €79,544 | +€983 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,738 | €12,541 | -€6,197 | -33.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,645 | €72,654 | +€56,009 | +336% |
| Other operating charges | 640/8 | €17,117 | €10,049 | -€7,068 | -41.3% |
| Gross operating margin | 9900 | €193,611 | €233,745 | +€40,135 | +20.7% |
| Operating profit (loss) | 9901 | €62,549 | €58,957 | -€3,592 | -5.7% |
| Financial income | 75/76B | €3 | €11 | +€8 | +314% |
| Recurring financial income | 75 | €3 | €11 | +€8 | +314% |
| Financial charges | 65/66B | €20,917 | €15,852 | -€5,065 | -24.2% |
| Recurring financial charges | 65 | €20,917 | €15,852 | -€5,065 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €41,634 | €43,116 | +€1,482 | +3.6% |
| Income taxes | 67/77 | €12,005 | €13,000 | +€995 | +8.3% |
| Profit (loss) for the period | 9904 | €29,629 | €30,116 | +€486 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,629 | €30,116 | +€486 | +1.6% |
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 13 October 2026 via checked.be.