Pedal Bikeshop: 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.
Pedal Bikeshop
Largest movements
- Stocks and contracts -€27,944
down €27,944 (-10.7%), from €262,326 to €234,382
- Tangible fixed assets +€21,588
up €21,588 (+61.3%), from €35,235 to €56,823
of which Land and buildings: +€16,912
- Receivables within one year +€9,838
up €9,838 (+18.4%), from €53,528 to €63,366
of which Other amounts receivable: +€9,495
- Intangible fixed assets -€9,100
down €9,100 (-12.4%), from €73,129 to €64,029
- Short-term financial debts +€50,000
up €50,000 (+66.7%), from €75,000 to €125,000
- Trade debts -€18,190
down €18,190 (-19.4%), from €93,830 to €75,640
- Tax, wage and social debts -€13,947
down €13,947 (-26.5%), from €52,693 to €38,746
of which Taxes: -€11,848
- Debts after one year -€13,636
down €13,636 (-15.3%), from €89,005 to €75,369
- Profit (loss) carried forward -€7,157
new in 2025: -€7,157
- Gross operating margin -€39,974
down €39,974 (-31.2%), from €128,273 to €88,299
- Staff costs +€22,364
up €22,364 (+54.2%), from €41,266 to €63,630
- Taxes -€16,606
down €16,606 (-99.3%), from €16,730 to €124
- Depreciation +€3,982
up €3,982 (+28.0%), from €14,211 to €18,193
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 | €432,201 | €430,809 | -€1,392 | -0.3% |
| Fixed assets | 21/28 | €108,364 | €120,852 | +€12,488 | +11.5% |
| Intangible fixed assets | 21 | €73,129 | €64,029 | -€9,100 | -12.4% |
| Tangible fixed assets | 22/27 | €35,235 | €56,823 | +€21,588 | +61.3% |
| Land and buildings | 22 | €21,596 | €38,508 | +€16,912 | +78.3% |
| Plant, machinery and equipment | 23 | €11,463 | €11,685 | +€222 | +1.9% |
| Furniture and vehicles | 24 | €2,176 | €6,629 | +€4,454 | +205% |
| Current assets | 29/58 | €323,837 | €309,957 | -€13,880 | -4.3% |
| Stocks and contracts in progress | 3 | €262,326 | €234,382 | -€27,944 | -10.7% |
| Stocks | 30/36 | €262,326 | €234,382 | -€27,944 | -10.7% |
| Amounts receivable within one year | 40/41 | €53,528 | €63,366 | +€9,838 | +18.4% |
| Trade receivables | 40 | €53,071 | €53,414 | +€343 | +0.6% |
| Other amounts receivable | 41 | €457 | €9,953 | +€9,495 | +2,076% |
| Cash at bank and in hand | 54/58 | €7,869 | €12,094 | +€4,225 | +53.7% |
| Deferred charges and accrued income | 490/1 | €114 | €115 | +€2 | +1.4% |
| Total equity and liabilities | 10/49 | €432,201 | €430,809 | -€1,392 | -0.3% |
| Equity | 10/15 | €82,891 | €75,734 | -€7,157 | -8.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €52,891 | €52,891 | = | 0.0% |
| Distributable reserves | 133 | €52,891 | €52,891 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€7,157 | -€7,157 | |
| Amounts payable | 17/49 | €349,310 | €355,075 | +€5,765 | +1.7% |
| Amounts payable after more than one year | 17 | €89,005 | €75,369 | -€13,636 | -15.3% |
| Financial debts | 170/4 | €89,005 | €75,369 | -€13,636 | -15.3% |
| Amounts payable within one year | 42/48 | €260,305 | €279,706 | +€19,401 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €32,972 | €37,126 | +€4,154 | +12.6% |
| Financial debts | 43 | €75,000 | €125,000 | +€50,000 | +66.7% |
| Credit institutions | 430/8 | €75,000 | €125,000 | +€50,000 | +66.7% |
| Trade debts | 44 | €93,830 | €75,640 | -€18,190 | -19.4% |
| Suppliers | 440/4 | €93,830 | €75,640 | -€18,190 | -19.4% |
| Advances received on contracts in progress | 46 | €2,584 | €3,194 | +€610 | +23.6% |
| Taxes, remuneration and social security | 45 | €52,693 | €38,746 | -€13,947 | -26.5% |
| Taxes | 450/3 | €42,211 | €30,363 | -€11,848 | -28.1% |
| Remuneration and social security | 454/9 | €10,482 | €8,383 | -€2,099 | -20.0% |
| Other amounts payable | 47/48 | €3,227 | - | -€3,227 | |
| Non-recurring operating income | 76A | €573 | - | -€573 | |
| Remuneration, social security and pensions | 62 | €41,266 | €63,630 | +€22,364 | +54.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,211 | €18,193 | +€3,982 | +28.0% |
| Other operating charges | 640/8 | €2,057 | €1,779 | -€279 | -13.5% |
| Non-recurring operating charges | 66A | €105 | - | -€105 | |
| Gross operating margin | 9900 | €128,273 | €88,299 | -€39,974 | -31.2% |
| Operating profit (loss) | 9901 | €70,633 | €4,697 | -€65,936 | -93.3% |
| Financial income | 75/76B | €856 | €1,001 | +€144 | +16.9% |
| Recurring financial income | 75 | €856 | €1,001 | +€144 | +16.9% |
| Financial charges | 65/66B | €12,396 | €12,731 | +€335 | +2.7% |
| Recurring financial charges | 65 | €12,396 | €12,731 | +€335 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €59,093 | -€7,033 | -€66,126 | |
| Income taxes | 67/77 | €16,730 | €124 | -€16,606 | -99.3% |
| Profit (loss) for the period | 9904 | €42,363 | -€7,157 | -€49,520 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,363 | -€7,157 | -€49,520 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.