K-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.
K-Bikes
Largest movements
- Stocks and contracts -€59,984
down €59,984 (-12.3%), from €488,421 to €428,437
- Cash +€9,345
up €9,345 (+412%), from €2,267 to €11,612
mainly Other debts (+€113,895) and Stocks and contracts (+€59,984)
- Profit (loss) carried forward -€115,471
down €115,471 (-95.0%), from €121,589 to €6,118
- Other debts +€113,895
up €113,895 (+286%), from €39,800 to €153,695
- Debts after one year -€42,214
down €42,214 (-19.4%), from €217,734 to €175,520
- Trade debts -€26,144
down €26,144 (-41.9%), from €62,385 to €36,240
of which Suppliers: -€21,700
- Current portion of long-term debt +€16,946
up €16,946 (+178%), from €9,534 to €26,480
- Gross operating margin -€163,006
down €163,006, from €108,056 to -€54,950
- Taxes -€10,619
down €10,619 (-90.1%), from €11,785 to €1,167
- Depreciation -€9,969
down €9,969 (-72.7%), from €13,719 to €3,749
- Staff costs -€1,836
down €1,836 (-4.0%), from €45,625 to €43,789
- Financial charges -€1,209
down €1,209 (-10.2%), from €11,812 to €10,603
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €525,308 | €472,535 | -€52,773 | -10.0% |
| Fixed assets | 21/28 | €14,281 | €17,032 | +€2,751 | +19.3% |
| Tangible fixed assets | 22/27 | €10,356 | €13,107 | +€2,751 | +26.6% |
| Furniture and vehicles | 24 | €10,356 | €7,356 | -€3,000 | -29.0% |
| Other tangible fixed assets | 26 | - | €5,751 | +€5,751 | |
| Financial fixed assets | 28 | €3,925 | €3,925 | = | 0.0% |
| Current assets | 29/58 | €511,026 | €455,503 | -€55,524 | -10.9% |
| Stocks and contracts in progress | 3 | €488,421 | €428,437 | -€59,984 | -12.3% |
| Stocks | 30/36 | €488,421 | €428,437 | -€59,984 | -12.3% |
| Amounts receivable within one year | 40/41 | €20,338 | €15,237 | -€5,101 | -25.1% |
| Trade receivables | 40 | €20,338 | €15,237 | -€5,101 | -25.1% |
| Cash at bank and in hand | 54/58 | €2,267 | €11,612 | +€9,345 | +412% |
| Deferred charges and accrued income | 490/1 | - | €217 | +€217 | |
| Total equity and liabilities | 10/49 | €525,308 | €472,535 | -€52,773 | -10.0% |
| Equity | 10/15 | €168,564 | €53,093 | -€115,471 | -68.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €28,375 | €28,375 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,375 | €8,375 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,589 | €6,118 | -€115,471 | -95.0% |
| Amounts payable | 17/49 | €356,744 | €419,442 | +€62,698 | +17.6% |
| Amounts payable after more than one year | 17 | €217,734 | €175,520 | -€42,214 | -19.4% |
| Financial debts | 170/4 | €217,734 | €175,520 | -€42,214 | -19.4% |
| Amounts payable within one year | 42/48 | €139,010 | €243,922 | +€104,911 | +75.5% |
| Current portion of amounts payable after more than one year | 42 | €9,534 | €26,480 | +€16,946 | +178% |
| Financial debts | 43 | - | €12,440 | +€12,440 | |
| Credit institutions | 430/8 | - | €12,440 | +€12,440 | |
| Trade debts | 44 | €62,385 | €36,240 | -€26,144 | -41.9% |
| Suppliers | 440/4 | €57,941 | €36,240 | -€21,700 | -37.5% |
| Bills of exchange payable | 441 | €4,444 | €0 | -€4,444 | -100% |
| Taxes, remuneration and social security | 45 | €27,292 | €15,066 | -€12,226 | -44.8% |
| Taxes | 450/3 | €23,463 | €5,626 | -€17,837 | -76.0% |
| Remuneration and social security | 454/9 | €3,829 | €9,440 | +€5,612 | +147% |
| Other amounts payable | 47/48 | €39,800 | €153,695 | +€113,895 | +286% |
| Non-recurring operating income | 76A | - | €13,013 | +€13,013 | |
| Remuneration, social security and pensions | 62 | €45,625 | €43,789 | -€1,836 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,719 | €3,749 | -€9,969 | -72.7% |
| Other operating charges | 640/8 | €1,767 | €1,230 | -€537 | -30.4% |
| Gross operating margin | 9900 | €108,056 | -€54,950 | -€163,006 | |
| Operating profit (loss) | 9901 | €46,945 | -€103,718 | -€150,663 | |
| Financial income | 75/76B | €11 | €17 | +€6 | +51.1% |
| Recurring financial income | 75 | €11 | €17 | +€6 | +51.1% |
| Financial charges | 65/66B | €11,812 | €10,603 | -€1,209 | -10.2% |
| Recurring financial charges | 65 | €11,812 | €10,603 | -€1,209 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €35,145 | -€114,304 | -€149,449 | |
| Income taxes | 67/77 | €11,785 | €1,167 | -€10,619 | -90.1% |
| Profit (loss) for the period | 9904 | €23,359 | -€115,471 | -€138,830 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,359 | -€115,471 | -€138,830 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.