KEEP RIDING: 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.
KEEP RIDING
Largest movements
- Receivables within one year +€23,751
up €23,751 (+1,536%), from €1,546 to €25,297
of which Trade receivables: +€22,628
- Other debts +€103,499
up €103,499 (+41.8%), from €247,772 to €351,271
- Profit (loss) carried forward -€58,039
no longer reported in 2025 (was €58,039)
- Tax, wage and social debts -€22,534
down €22,534 (-64.0%), from €35,225 to €12,691
- Taxes -€2,137
down €2,137 (-8.2%), from €26,021 to €23,883
- Financial charges +€1,722
up €1,722 (+211%), from €815 to €2,537
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 | €344,371 | €367,421 | +€23,050 | +6.7% |
| Fixed assets | 21/28 | €23,246 | €23,769 | +€523 | +2.2% |
| Tangible fixed assets | 22/27 | €23,246 | €23,769 | +€523 | +2.2% |
| Furniture and vehicles | 24 | €7,928 | €10,619 | +€2,691 | +33.9% |
| Other tangible fixed assets | 26 | €15,319 | €13,150 | -€2,168 | -14.2% |
| Current assets | 29/58 | €321,125 | €343,652 | +€22,527 | +7.0% |
| Amounts receivable within one year | 40/41 | €1,546 | €25,297 | +€23,751 | +1,536% |
| Trade receivables | 40 | €1,542 | €24,169 | +€22,628 | +1,468% |
| Other amounts receivable | 41 | €5 | €1,128 | +€1,123 | +24,849% |
| Cash at bank and in hand | 54/58 | €319,579 | €318,355 | -€1,224 | -0.4% |
| Total equity and liabilities | 10/49 | €344,371 | €367,421 | +€23,050 | +6.7% |
| Equity | 10/15 | €58,139 | €100 | -€58,039 | -99.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,039 | - | -€58,039 | |
| Amounts payable | 17/49 | €286,232 | €367,321 | +€81,089 | +28.3% |
| Amounts payable within one year | 42/48 | €286,232 | €367,321 | +€81,089 | +28.3% |
| Trade debts | 44 | €3,235 | €3,359 | +€124 | +3.8% |
| Suppliers | 440/4 | €3,235 | €3,359 | +€124 | +3.8% |
| Taxes, remuneration and social security | 45 | €35,225 | €12,691 | -€22,534 | -64.0% |
| Taxes | 450/3 | €35,225 | €12,691 | -€22,534 | -64.0% |
| Other amounts payable | 47/48 | €247,772 | €351,271 | +€103,499 | +41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,278 | €6,665 | +€386 | +6.2% |
| Other operating charges | 640/8 | €854 | €2,033 | +€1,178 | +138% |
| Gross operating margin | 9900 | €123,287 | €122,197 | -€1,090 | -0.9% |
| Operating profit (loss) | 9901 | €116,155 | €113,500 | -€2,655 | -2.3% |
| Financial charges | 65/66B | €815 | €2,537 | +€1,722 | +211% |
| Recurring financial charges | 65 | €815 | €2,537 | +€1,722 | +211% |
| Profit (loss) for the period before taxes | 9903 | €115,340 | €110,963 | -€4,376 | -3.8% |
| Income taxes | 67/77 | €26,021 | €23,883 | -€2,137 | -8.2% |
| Profit (loss) for the period | 9904 | €89,319 | €87,080 | -€2,239 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €89,319 | €87,080 | -€2,239 | -2.5% |
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 17 October 2026 via checked.be.