JUGOBIKE: 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.
JUGOBIKE
Largest movements
- Stocks and contracts +€61,843
up €61,843 (+16.8%), from €367,342 to €429,185
- Tangible fixed assets +€36,685
up €36,685 (+1,221%), from €3,006 to €39,691
of which Other tangible fixed assets: +€37,901
- Cash -€16,679
down €16,679 (-42.7%), from €39,041 to €22,362
mainly Stocks and contracts (-€61,843) and Investment in fixed assets (net) (-€41,558)
- Receivables within one year +€14,466
up €14,466 (+38.8%), from €37,284 to €51,751
of which Trade receivables: +€9,925
- Trade debts +€65,643
up €65,643 (+72.4%), from €90,722 to €156,365
- Tax, wage and social debts +€13,550
up €13,550 (+51.3%), from €26,391 to €39,941
of which Taxes: +€10,442
- Profit (loss) carried forward +€12,751
up €12,751 (+8.6%), from €148,351 to €161,101
- Gross operating margin -€46,814
down €46,814 (-53.2%), from €88,033 to €41,219
- Taxes -€17,182
down €17,182 (-93.2%), from €18,438 to €1,255
- Depreciation +€2,144
up €2,144 (+78.6%), from €2,729 to €4,873
- Staff costs -€1,663
down €1,663 (-7.9%), from €20,939 to €19,277
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 | €446,673 | €542,989 | +€96,316 | +21.6% |
| Fixed assets | 21/28 | €3,006 | €39,691 | +€36,685 | +1,221% |
| Tangible fixed assets | 22/27 | €3,006 | €39,691 | +€36,685 | +1,221% |
| Furniture and vehicles | 24 | €1,498 | €282 | -€1,216 | -81.2% |
| Other tangible fixed assets | 26 | €1,507 | €39,409 | +€37,901 | +2,514% |
| Current assets | 29/58 | €443,667 | €503,298 | +€59,630 | +13.4% |
| Stocks and contracts in progress | 3 | €367,342 | €429,185 | +€61,843 | +16.8% |
| Stocks | 30/36 | €367,342 | €429,185 | +€61,843 | +16.8% |
| Amounts receivable within one year | 40/41 | €37,284 | €51,751 | +€14,466 | +38.8% |
| Trade receivables | 40 | €36,335 | €46,260 | +€9,925 | +27.3% |
| Other amounts receivable | 41 | €949 | €5,490 | +€4,541 | +478% |
| Cash at bank and in hand | 54/58 | €39,041 | €22,362 | -€16,679 | -42.7% |
| Total equity and liabilities | 10/49 | €446,673 | €542,989 | +€96,316 | +21.6% |
| Equity | 10/15 | €295,551 | €308,301 | +€12,751 | +4.3% |
| Contributions | 10/11 | €42,000 | €42,000 | = | 0.0% |
| Reserves | 13 | €105,200 | €105,200 | = | 0.0% |
| Distributable reserves | 133 | €105,200 | €105,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,351 | €161,101 | +€12,751 | +8.6% |
| Amounts payable | 17/49 | €151,122 | €234,687 | +€83,565 | +55.3% |
| Amounts payable within one year | 42/48 | €151,122 | €234,687 | +€83,565 | +55.3% |
| Trade debts | 44 | €90,722 | €156,365 | +€65,643 | +72.4% |
| Suppliers | 440/4 | €90,722 | €156,365 | +€65,643 | +72.4% |
| Advances received on contracts in progress | 46 | €34,009 | €38,287 | +€4,278 | +12.6% |
| Taxes, remuneration and social security | 45 | €26,391 | €39,941 | +€13,550 | +51.3% |
| Taxes | 450/3 | €24,875 | €35,317 | +€10,442 | +42.0% |
| Remuneration and social security | 454/9 | €1,516 | €4,623 | +€3,108 | +205% |
| Other amounts payable | 47/48 | - | €94 | +€94 | |
| Remuneration, social security and pensions | 62 | €20,939 | €19,277 | -€1,663 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,729 | €4,873 | +€2,144 | +78.6% |
| Other operating charges | 640/8 | €1,963 | €2,687 | +€724 | +36.9% |
| Non-recurring operating charges | 66A | €1,989 | €559 | -€1,429 | -71.9% |
| Gross operating margin | 9900 | €88,033 | €41,219 | -€46,814 | -53.2% |
| Operating profit (loss) | 9901 | €60,413 | €13,822 | -€46,591 | -77.1% |
| Financial income | 75/76B | €869 | €1,365 | +€497 | +57.1% |
| Recurring financial income | 75 | €869 | €1,365 | +€497 | +57.1% |
| Financial charges | 65/66B | €756 | €1,182 | +€425 | +56.2% |
| Recurring financial charges | 65 | €756 | €1,182 | +€425 | +56.2% |
| Profit (loss) for the period before taxes | 9903 | €60,526 | €14,006 | -€46,519 | -76.9% |
| Income taxes | 67/77 | €18,438 | €1,255 | -€17,182 | -93.2% |
| Profit (loss) for the period | 9904 | €42,088 | €12,751 | -€29,337 | -69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,088 | €12,751 | -€29,337 | -69.7% |
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 31 October 2026 via checked.be.