JIMMY CYCLES: 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.
What changed
JIMMY CYCLES
NACE 46.495, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€5,040
2024 · €54,213-€49,173
Equity
€476,306
2024 · €471,266+€5,040
Cash
€1,790
2024 · €4,195-€2,405
Balance sheet total
€1.2m
2024 · €1.2m+€46,689
Largest movements
Assets
- Stocks and contracts +€58,265
up €58,265 (+6.2%), from €945,677 to €1.0m
- Intangible fixed assets -€29,253
down €29,253 (-18.7%), from €156,316 to €127,064
Equity and liabilities
- Short-term financial debts +€74,334
up €74,334 (+42.5%), from €174,819 to €249,153
- Debts after one year -€62,621
down €62,621 (-29.2%), from €214,627 to €152,006
- Trade debts +€47,332
up €47,332 (+25.4%), from €186,349 to €233,681
Income statement
- Gross operating margin -€62,085
down €62,085 (-19.8%), from €312,991 to €250,906
- Taxes -€12,473
down €12,473 (-83.9%), from €14,870 to €2,396
- Staff costs +€6,113
up €6,113 (+3.7%), from €165,869 to €171,982
- Other operating charges -€4,231
down €4,231 (-32.5%), from €13,024 to €8,793
- Financial charges -€3,278
down €3,278 (-15.2%), from €21,633 to €18,355
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.
Result 2024
€54,213
Gross operating margin
-€62,085
Staff costs
-€6,113
Depreciation
-€1,368
Other operating charges
+€4,231
Financial income
+€411
Financial charges
+€3,278
Taxes
+€12,473
Result 2025
€5,040
raises the resultlowers the result
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.
From operations
+€18,721
Investment
-€28,877
Financing
+€7,751
Cash 2024
€4,195
From operations (derived)
+€18,721
Net result for the year
+€5,040
Depreciation
+€47,976
Stocks and contracts
-€58,265
Receivables within one year
-€9,847
Deferred charges and accrued income
-€80
Trade debts
+€47,332
Tax, wage and social debts
-€6,887
Advances received
-€3,220
Other debts
-€6,326
Accrued charges and deferred income
+€3,000
Investment (derived)
-€28,877
Investment in fixed assets (net)
-€28,877
Financing
+€7,751
Debts after one year
-€62,621
Current portion of long-term debt
-€3,963
Short-term financial debts
+€74,334
Cash 2025
€1,790
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,196,816 | €1,243,505 | +€46,689 | +3.9% |
| Fixed assets | 21/28 | €225,969 | €206,870 | -€19,099 | -8.5% |
| Intangible fixed assets | 21 | €156,316 | €127,064 | -€29,253 | -18.7% |
| Tangible fixed assets | 22/27 | €69,195 | €79,349 | +€10,154 | +14.7% |
| Plant, machinery and equipment | 23 | €1,031 | €0 | -€1,031 | -100% |
| Furniture and vehicles | 24 | €16,800 | €38,911 | +€22,111 | +132% |
| Other tangible fixed assets | 26 | €51,364 | €40,438 | -€10,926 | -21.3% |
| Financial fixed assets | 28 | €458 | €458 | = | 0.0% |
| Current assets | 29/58 | €970,847 | €1,036,635 | +€65,788 | +6.8% |
| Stocks and contracts in progress | 3 | €945,677 | €1,003,942 | +€58,265 | +6.2% |
| Stocks | 30/36 | €945,677 | €1,003,942 | +€58,265 | +6.2% |
| Amounts receivable within one year | 40/41 | €14,551 | €24,398 | +€9,847 | +67.7% |
| Trade receivables | 40 | €14,265 | €3,398 | -€10,867 | -76.2% |
| Other amounts receivable | 41 | €286 | €21,000 | +€20,714 | +7,232% |
| Cash at bank and in hand | 54/58 | €4,195 | €1,790 | -€2,405 | -57.3% |
| Deferred charges and accrued income | 490/1 | €6,424 | €6,504 | +€80 | +1.3% |
| Total equity and liabilities | 10/49 | €1,196,816 | €1,243,505 | +€46,689 | +3.9% |
| Equity | 10/15 | €471,266 | €476,306 | +€5,040 | +1.1% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €360,000 | €365,000 | +€5,000 | +1.4% |
| Distributable reserves | 133 | €360,000 | €365,000 | +€5,000 | +1.4% |
| Profit (loss) carried forward | 14 | €31,266 | €31,306 | +€40 | +0.1% |
| Amounts payable | 17/49 | €725,550 | €767,199 | +€41,649 | +5.7% |
| Amounts payable after more than one year | 17 | €214,627 | €152,006 | -€62,621 | -29.2% |
| Financial debts | 170/4 | €214,627 | €152,006 | -€62,621 | -29.2% |
| Amounts payable within one year | 42/48 | €510,923 | €612,193 | +€101,270 | +19.8% |
| Current portion of amounts payable after more than one year | 42 | €75,445 | €71,482 | -€3,963 | -5.3% |
| Financial debts | 43 | €174,819 | €249,153 | +€74,334 | +42.5% |
| Credit institutions | 430/8 | €174,819 | €249,153 | +€74,334 | +42.5% |
| Trade debts | 44 | €186,349 | €233,681 | +€47,332 | +25.4% |
| Suppliers | 440/4 | €186,349 | €233,681 | +€47,332 | +25.4% |
| Advances received on contracts in progress | 46 | €6,520 | €3,300 | -€3,220 | -49.4% |
| Taxes, remuneration and social security | 45 | €40,952 | €34,064 | -€6,887 | -16.8% |
| Taxes | 450/3 | €26,338 | €18,271 | -€8,067 | -30.6% |
| Remuneration and social security | 454/9 | €14,614 | €15,793 | +€1,179 | +8.1% |
| Other amounts payable | 47/48 | €26,839 | €20,513 | -€6,326 | -23.6% |
| Accrued charges and deferred income | 492/3 | - | €3,000 | +€3,000 | |
| Remuneration, social security and pensions | 62 | €165,869 | €171,982 | +€6,113 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,608 | €47,976 | +€1,368 | +2.9% |
| Other operating charges | 640/8 | €13,024 | €8,793 | -€4,231 | -32.5% |
| Gross operating margin | 9900 | €312,991 | €250,906 | -€62,085 | -19.8% |
| Operating profit (loss) | 9901 | €87,490 | €22,155 | -€65,335 | -74.7% |
| Financial income | 75/76B | €3,226 | €3,637 | +€411 | +12.7% |
| Recurring financial income | 75 | €3,226 | €3,637 | +€411 | +12.7% |
| Financial charges | 65/66B | €21,633 | €18,355 | -€3,278 | -15.2% |
| Recurring financial charges | 65 | €21,633 | €18,355 | -€3,278 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €69,083 | €7,436 | -€61,646 | -89.2% |
| Income taxes | 67/77 | €14,870 | €2,396 | -€12,473 | -83.9% |
| Profit (loss) for the period | 9904 | €54,213 | €5,040 | -€49,173 | -90.7% |
| Profit (loss) for the period to be appropriated | 9905 | €54,213 | €5,040 | -€49,173 | -90.7% |
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 24 October 2026 via checked.be.