JPR Racing 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.
JPR Racing Bikes
Largest movements
- Receivables within one year +€27,332
up €27,332 (+157%), from €17,460 to €44,792
- Stocks and contracts -€9,746
down €9,746 (-26.5%), from €36,714 to €26,968
of which Stocks: -€9,746
- Tangible fixed assets -€9,202
down €9,202 (-34.0%), from €27,098 to €17,896
of which Plant, machinery and equipment: -€5,241
- Cash -€3,419
down €3,419 (-36.4%), from €9,395 to €5,975
mainly Short-term financial debts (-€40,132) and Receivables within one year (-€27,332)
- Other debts +€47,301
up €47,301 (+821%), from €5,764 to €53,065
- Short-term financial debts -€40,132
down €40,132 (-100%), from €40,132 to €0
- Profit (loss) carried forward +€18,660
up €18,660 (+5.4%), from -€348,655 to -€329,995
- Tax, wage and social debts -€13,095
down €13,095 (-69.7%), from €18,799 to €5,704
of which Taxes: -€8,304
- Trade debts -€8,284
down €8,284 (-20.1%), from €41,244 to €32,960
- Gross operating margin +€35,633
up €35,633 (+374%), from €9,525 to €45,159
- Staff costs -€32,336
down €32,336 (-74.3%), from €43,496 to €11,160
- Financial charges -€3,076
down €3,076 (-48.2%), from €6,382 to €3,306
- Other operating charges -€1,542
down €1,542 (-35.1%), from €4,389 to €2,847
- Depreciation -€710
down €710 (-7.2%), from €9,912 to €9,202
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 | €99,163 | €103,124 | +€3,961 | +4.0% |
| Fixed assets | 21/28 | €33,098 | €23,896 | -€9,202 | -27.8% |
| Tangible fixed assets | 22/27 | €27,098 | €17,896 | -€9,202 | -34.0% |
| Plant, machinery and equipment | 23 | €13,256 | €8,015 | -€5,241 | -39.5% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €13,842 | €9,880 | -€3,962 | -28.6% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €66,065 | €79,228 | +€13,163 | +19.9% |
| Stocks and contracts in progress | 3 | €36,714 | €26,968 | -€9,746 | -26.5% |
| Stocks | 30/36 | €36,714 | €26,968 | -€9,746 | -26.5% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €17,460 | €44,792 | +€27,332 | +157% |
| Trade receivables | 40 | €17,460 | €44,792 | +€27,332 | +157% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,395 | €5,975 | -€3,419 | -36.4% |
| Deferred charges and accrued income | 490/1 | €2,246 | €1,243 | -€1,003 | -44.7% |
| Total equity and liabilities | 10/49 | €99,163 | €103,124 | +€3,961 | +4.0% |
| Equity | 10/15 | -€323,755 | -€305,095 | +€18,660 | +5.8% |
| Contributions | 10/11 | €24,900 | €24,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€348,655 | -€329,995 | +€18,660 | +5.4% |
| Amounts payable | 17/49 | €422,918 | €408,219 | -€14,699 | -3.5% |
| Amounts payable after more than one year | 17 | €316,193 | €315,194 | -€999 | -0.3% |
| Financial debts | 170/4 | €12,500 | €12,500 | = | 0.0% |
| Other amounts payable | 178/9 | €303,693 | €302,694 | -€999 | -0.3% |
| Amounts payable within one year | 42/48 | €106,725 | €93,025 | -€13,700 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €40,132 | €0 | -€40,132 | -100% |
| Credit institutions | 430/8 | €40,132 | €0 | -€40,132 | -100% |
| Trade debts | 44 | €41,244 | €32,960 | -€8,284 | -20.1% |
| Suppliers | 440/4 | €41,244 | €32,960 | -€8,284 | -20.1% |
| Advances received on contracts in progress | 46 | €786 | €1,297 | +€511 | +65.0% |
| Taxes, remuneration and social security | 45 | €18,799 | €5,704 | -€13,095 | -69.7% |
| Taxes | 450/3 | €11,487 | €3,183 | -€8,304 | -72.3% |
| Remuneration and social security | 454/9 | €7,312 | €2,521 | -€4,791 | -65.5% |
| Other amounts payable | 47/48 | €5,764 | €53,065 | +€47,301 | +821% |
| Remuneration, social security and pensions | 62 | €43,496 | €11,160 | -€32,336 | -74.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,912 | €9,202 | -€710 | -7.2% |
| Other operating charges | 640/8 | €4,389 | €2,847 | -€1,542 | -35.1% |
| Gross operating margin | 9900 | €9,525 | €45,159 | +€35,633 | +374% |
| Operating profit (loss) | 9901 | -€48,271 | €21,949 | +€70,220 | |
| Financial income | 75/76B | €26 | €17 | -€9 | -35.4% |
| Recurring financial income | 75 | €26 | €17 | -€9 | -35.4% |
| Financial charges | 65/66B | €6,382 | €3,306 | -€3,076 | -48.2% |
| Recurring financial charges | 65 | €6,382 | €3,306 | -€3,076 | -48.2% |
| Profit (loss) for the period before taxes | 9903 | -€54,627 | €18,660 | +€73,287 | |
| Profit (loss) for the period | 9904 | -€54,627 | €18,660 | +€73,287 | |
| Profit (loss) for the period to be appropriated | 9905 | -€54,627 | €18,660 | +€73,287 |
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 20 October 2026 via checked.be.