Ride Your 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.
Ride Your Bikes!
Largest movements
- Cash -€15,207
down €15,207 (-42.6%), from €35,722 to €20,515
mainly Contributions, distributions and other (-€91,934) and Tax, wage and social debts (-€12,555)
- Tangible fixed assets +€5,164
up €5,164 (+38.1%), from €13,549 to €18,713
of which Furniture and vehicles: +€5,759
- Receivables within one year -€1,219
down €1,219 (-6.0%), from €20,182 to €18,963
of which Trade receivables: -€3,622
- Other debts +€46,533
up €46,533 (+1,094%), from €4,255 to €50,788
- Reserves -€46,282
down €46,282 (-98.6%), from €46,934 to €652
- Tax, wage and social debts -€12,555
down €12,555 (-77.6%), from €16,171 to €3,616
- Trade debts +€1,099
up €1,099 (+112%), from €980 to €2,079
- Gross operating margin +€3,718
up €3,718 (+5.7%), from €64,974 to €68,692
- Depreciation +€2,766
up €2,766 (+62.3%), from €4,438 to €7,204
- Taxes +€1,256
up €1,256 (+10.7%), from €11,773 to €13,030
- Financial charges -€1,184
down €1,184 (-46.7%), from €2,536 to €1,352
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 | €70,340 | €59,134 | -€11,206 | -15.9% |
| Fixed assets | 21/28 | €13,549 | €18,713 | +€5,164 | +38.1% |
| Tangible fixed assets | 22/27 | €13,549 | €18,713 | +€5,164 | +38.1% |
| Furniture and vehicles | 24 | €11,466 | €17,225 | +€5,759 | +50.2% |
| Other tangible fixed assets | 26 | €2,083 | €1,488 | -€595 | -28.6% |
| Current assets | 29/58 | €56,791 | €40,421 | -€16,369 | -28.8% |
| Amounts receivable within one year | 40/41 | €20,182 | €18,963 | -€1,219 | -6.0% |
| Trade receivables | 40 | €19,163 | €15,541 | -€3,622 | -18.9% |
| Other amounts receivable | 41 | €1,019 | €3,422 | +€2,403 | +236% |
| Cash at bank and in hand | 54/58 | €35,722 | €20,515 | -€15,207 | -42.6% |
| Deferred charges and accrued income | 490/1 | €886 | €943 | +€56 | +6.4% |
| Total equity and liabilities | 10/49 | €70,340 | €59,134 | -€11,206 | -15.9% |
| Equity | 10/15 | €48,934 | €2,652 | -€46,282 | -94.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €46,934 | €652 | -€46,282 | -98.6% |
| Distributable reserves | 133 | €46,934 | €652 | -€46,282 | -98.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €21,406 | €56,483 | +€35,076 | +164% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €21,406 | €56,483 | +€35,076 | +164% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €980 | €2,079 | +€1,099 | +112% |
| Suppliers | 440/4 | €980 | €2,079 | +€1,099 | +112% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €16,171 | €3,616 | -€12,555 | -77.6% |
| Taxes | 450/3 | €16,171 | €3,616 | -€12,555 | -77.6% |
| Other amounts payable | 47/48 | €4,255 | €50,788 | +€46,533 | +1,094% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,438 | €7,204 | +€2,766 | +62.3% |
| Other operating charges | 640/8 | €1,632 | €1,455 | -€177 | -10.8% |
| Non-recurring operating charges | 66A | €6,416 | €0 | -€6,416 | -100% |
| Gross operating margin | 9900 | €64,974 | €68,692 | +€3,718 | +5.7% |
| Operating profit (loss) | 9901 | €52,488 | €60,033 | +€7,545 | +14.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €2,536 | €1,352 | -€1,184 | -46.7% |
| Recurring financial charges | 65 | €2,536 | €1,352 | -€1,184 | -46.7% |
| Profit (loss) for the period before taxes | 9903 | €49,952 | €58,681 | +€8,729 | +17.5% |
| Income taxes | 67/77 | €11,773 | €13,030 | +€1,256 | +10.7% |
| Profit (loss) for the period | 9904 | €38,179 | €45,652 | +€7,473 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,179 | €45,652 | +€7,473 | +19.6% |
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.