MOTORCYCLE CHECKPOINT: 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.
MOTORCYCLE CHECKPOINT
Largest movements
- Tangible fixed assets +€757,401
up €757,401 (+4,247%), from €17,835 to €775,236
of which Land and buildings: +€760,111
- Stocks and contracts +€106,660
up €106,660 (+95.4%), from €111,815 to €218,475
- Cash -€37,376
down €37,376 (-62.4%), from €59,912 to €22,536
mainly Investment in fixed assets (net) (-€864,719) and Stocks and contracts (-€106,660)
- Debts after one year +€615,811
new in 2025: €615,811
- Other debts +€140,900
up €140,900 (+1,095%), from €12,867 to €153,767
- Trade debts +€134,075
up €134,075 (+341%), from €39,284 to €173,359
- Profit (loss) carried forward -€83,886
down €83,886, from €22,085 to -€61,800
- Current portion of long-term debt +€22,997
new in 2025: €22,997
- Depreciation +€104,911
up €104,911 (+1,974%), from €5,316 to €110,227
- Taxes -€14,967
no longer reported in 2025 (was €14,967)
- Financial charges +€14,895
up €14,895 (+7,371%), from €202 to €15,097
- Gross operating margin +€13,173
up €13,173 (+24.4%), from €53,908 to €67,081
- Staff costs +€12,556
new in 2025: €12,556
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 | €214,360 | €1,049,179 | +€834,819 | +389% |
| Fixed assets | 21/28 | €22,333 | €776,825 | +€754,492 | +3,378% |
| Intangible fixed assets | 21 | €2,248 | €1,589 | -€659 | -29.3% |
| Tangible fixed assets | 22/27 | €17,835 | €775,236 | +€757,401 | +4,247% |
| Land and buildings | 22 | €8,842 | €768,953 | +€760,111 | +8,597% |
| Plant, machinery and equipment | 23 | €7,498 | €6,017 | -€1,480 | -19.7% |
| Furniture and vehicles | 24 | €860 | €266 | -€593 | -69.0% |
| Other tangible fixed assets | 26 | €635 | - | -€635 | |
| Financial fixed assets | 28 | €2,250 | - | -€2,250 | |
| Current assets | 29/58 | €192,027 | €272,354 | +€80,326 | +41.8% |
| Stocks and contracts in progress | 3 | €111,815 | €218,475 | +€106,660 | +95.4% |
| Stocks | 30/36 | €111,815 | €218,475 | +€106,660 | +95.4% |
| Amounts receivable within one year | 40/41 | €18,092 | €28,343 | +€10,251 | +56.7% |
| Trade receivables | 40 | €15,528 | €26,352 | +€10,824 | +69.7% |
| Other amounts receivable | 41 | €2,563 | €1,991 | -€572 | -22.3% |
| Cash at bank and in hand | 54/58 | €59,912 | €22,536 | -€37,376 | -62.4% |
| Deferred charges and accrued income | 490/1 | €2,209 | €3,000 | +€791 | +35.8% |
| Total equity and liabilities | 10/49 | €214,360 | €1,049,179 | +€834,819 | +389% |
| Equity | 10/15 | €157,954 | €74,068 | -€83,886 | -53.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €35,869 | €35,869 | = | 0.0% |
| Distributable reserves | 133 | €35,869 | €35,869 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,085 | -€61,800 | -€83,886 | |
| Amounts payable | 17/49 | €56,406 | €975,110 | +€918,704 | +1,629% |
| Amounts payable after more than one year | 17 | - | €615,811 | +€615,811 | |
| Financial debts | 170/4 | - | €615,811 | +€615,811 | |
| Amounts payable within one year | 42/48 | €53,924 | €357,770 | +€303,846 | +563% |
| Current portion of amounts payable after more than one year | 42 | - | €22,997 | +€22,997 | |
| Trade debts | 44 | €39,284 | €173,359 | +€134,075 | +341% |
| Suppliers | 440/4 | €39,284 | €173,359 | +€134,075 | +341% |
| Taxes, remuneration and social security | 45 | €1,773 | €7,647 | +€5,874 | +331% |
| Taxes | 450/3 | €1,773 | €5,174 | +€3,401 | +192% |
| Remuneration and social security | 454/9 | - | €2,473 | +€2,473 | |
| Other amounts payable | 47/48 | €12,867 | €153,767 | +€140,900 | +1,095% |
| Accrued charges and deferred income | 492/3 | €2,482 | €1,529 | -€953 | -38.4% |
| Remuneration, social security and pensions | 62 | - | €12,556 | +€12,556 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,316 | €110,227 | +€104,911 | +1,974% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€608 | -€608 | |
| Other operating charges | 640/8 | €4,036 | €5,046 | +€1,010 | +25.0% |
| Non-recurring operating charges | 66A | - | €9,124 | +€9,124 | |
| Gross operating margin | 9900 | €53,908 | €67,081 | +€13,173 | +24.4% |
| Operating profit (loss) | 9901 | €44,556 | -€69,265 | -€113,820 | |
| Financial income | 75/76B | €377 | €476 | +€99 | +26.3% |
| Recurring financial income | 75 | €377 | €476 | +€99 | +26.3% |
| Financial charges | 65/66B | €202 | €15,097 | +€14,895 | +7,371% |
| Recurring financial charges | 65 | €202 | €15,097 | +€14,895 | +7,371% |
| Profit (loss) for the period before taxes | 9903 | €44,731 | -€83,886 | -€128,616 | |
| Income taxes | 67/77 | €14,967 | - | -€14,967 | |
| Profit (loss) for the period | 9904 | €29,764 | -€83,886 | -€113,650 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,764 | -€83,886 | -€113,650 |
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 14 October 2026 via checked.be.