JP BIKES: what changed
Two fiscal 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.
JP BIKES
Largest movements
- Stocks and contracts +€103,089
up €103,089 (+31.2%), from €330,799 to €433,888
- Receivables within one year -€22,637
down €22,637 (-64.6%), from €35,061 to €12,424
- Tangible fixed assets +€7,237
up €7,237 (+8.1%), from €89,608 to €96,845
of which Furniture and vehicles: +€10,419
- Other debts +€41,178
up €41,178 (+299.5%), from €13,751 to €54,929
- Trade debts +€22,271
up €22,271 (+85.2%), from €26,153 to €48,425
- Tax, wage and social debts -€18,113
down €18,113 (-32.0%), from €56,609 to €38,496
of which Taxes: -€22,884
- Current portion of long-term debt +€13,795
new in 2025: €13,795
- Debts after one year +€13,008
new in 2025: €13,008
- Taxes -€26,418
down €26,418 (-53.8%), from €49,128 to €22,710
- Gross operating margin -€21,329
down €21,329 (-15.9%), from €133,916 to €112,587
- Financial income -€8,021
down €8,021 (-97.1%), from €8,264 to €243
of which Non-recurring financial income: -€8,264
- Other operating charges -€4,466
down €4,466 (-78.6%), from €5,680 to €1,214
- Depreciation +€1,473
up €1,473 (+8.4%), from €17,551 to €19,024
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.
Cash bridge derived
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 | €475,204 | €559,738 | +€84,533 | +17.8% |
| Fixed assets | 21/28 | €89,658 | €96,895 | +€7,237 | +8.1% |
| Tangible fixed assets | 22/27 | €89,608 | €96,845 | +€7,237 | +8.1% |
| Land and buildings | 22 | - | €5,610 | +€5,610 | |
| Plant, machinery and equipment | 23 | €73,435 | €64,643 | -€8,792 | -12.0% |
| Furniture and vehicles | 24 | €16,173 | €26,592 | +€10,419 | +64.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €385,546 | €462,843 | +€77,297 | +20.0% |
| Stocks and contracts in progress | 3 | €330,799 | €433,888 | +€103,089 | +31.2% |
| Stocks | 30/36 | €330,799 | €433,888 | +€103,089 | +31.2% |
| Amounts receivable within one year | 40/41 | €35,061 | €12,424 | -€22,637 | -64.6% |
| Trade receivables | 40 | €35,061 | €12,424 | -€22,637 | -64.6% |
| Cash at bank and in hand | 54/58 | €18,686 | €14,780 | -€3,906 | -20.9% |
| Deferred charges and accrued income | 490/1 | €1,000 | €1,750 | +€750 | +75.0% |
| Total equity and liabilities | 10/49 | €475,204 | €559,738 | +€84,533 | +17.8% |
| Equity | 10/15 | €378,692 | €391,085 | +€12,393 | +3.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €193,360 | €205,360 | +€12,000 | +6.2% |
| Tax-exempt reserves | 132 | €21,500 | €21,500 | = | 0.0% |
| Distributable reserves | 133 | €171,860 | €183,860 | +€12,000 | +7.0% |
| Profit (loss) carried forward | 14 | €175,332 | €175,725 | +€393 | +0.2% |
| Amounts payable | 17/49 | €96,513 | €168,652 | +€72,140 | +74.7% |
| Amounts payable after more than one year | 17 | - | €13,008 | +€13,008 | |
| Financial debts | 170/4 | - | €13,008 | +€13,008 | |
| Amounts payable within one year | 42/48 | €96,513 | €155,644 | +€59,132 | +61.3% |
| Current portion of amounts payable after more than one year | 42 | - | €13,795 | +€13,795 | |
| Trade debts | 44 | €26,153 | €48,425 | +€22,271 | +85.2% |
| Suppliers | 440/4 | €26,153 | €48,425 | +€22,271 | +85.2% |
| Taxes, remuneration and social security | 45 | €56,609 | €38,496 | -€18,113 | -32.0% |
| Taxes | 450/3 | €56,609 | €33,724 | -€22,884 | -40.4% |
| Remuneration and social security | 454/9 | - | €4,771 | +€4,771 | |
| Other amounts payable | 47/48 | €13,751 | €54,929 | +€41,178 | +299.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,551 | €19,024 | +€1,473 | +8.4% |
| Other operating charges | 640/8 | €5,680 | €1,214 | -€4,466 | -78.6% |
| Gross operating margin | 9900 | €133,916 | €112,587 | -€21,329 | -15.9% |
| Operating profit (loss) | 9901 | €110,684 | €92,349 | -€18,336 | -16.6% |
| Financial income | 75/76B | €8,264 | €243 | -€8,021 | -97.1% |
| Recurring financial income | 75 | €8,264 | €243 | -€8,021 | -97.1% |
| Non-recurring financial income | 76B | €8,264 | - | -€8,264 | |
| Financial charges | 65/66B | €2,280 | €2,788 | +€508 | +22.3% |
| Recurring financial charges | 65 | €2,280 | €2,788 | +€508 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | €116,669 | €89,804 | -€26,865 | -23.0% |
| Income taxes | 67/77 | €49,128 | €22,710 | -€26,418 | -53.8% |
| Profit (loss) for the period | 9904 | €67,540 | €67,093 | -€447 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €67,540 | €67,093 | -€447 | -0.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.