S'BY 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.
S'BY BIKES
Largest movements
- Tangible fixed assets -€14,797
down €14,797 (-23.6%), from €62,669 to €47,872
of which Furniture and vehicles: -€9,979
- Stocks and contracts -€7,870
down €7,870 (-2.5%), from €308,716 to €300,845
- Cash -€5,334
down €5,334 (-97.4%), from €5,478 to €144
mainly Trade debts (-€18,897) and Current portion of long-term debt (-€9,737)
- Trade debts -€18,897
down €18,897 (-88.7%), from €21,295 to €2,397
- Current portion of long-term debt -€9,737
down €9,737 (-61.6%), from €15,799 to €6,062
- Profit (loss) carried forward +€6,851
up €6,851 (+7.0%), from €98,148 to €104,999
- Debts after one year -€6,062
down €6,062 (-25.5%), from €23,784 to €17,722
- Gross operating margin -€19,734
down €19,734 (-39.5%), from €50,016 to €30,281
- Staff costs -€19,327
down €19,327, from €19,293 to -€34
- Taxes +€1,691
up €1,691 (+541%), from €312 to €2,004
- Financial charges -€1,161
down €1,161 (-27.4%), from €4,233 to €3,072
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 | €392,620 | €368,143 | -€24,476 | -6.2% |
| Fixed assets | 21/28 | €62,669 | €47,872 | -€14,797 | -23.6% |
| Tangible fixed assets | 22/27 | €62,669 | €47,872 | -€14,797 | -23.6% |
| Land and buildings | 22 | €13,979 | €11,585 | -€2,394 | -17.1% |
| Plant, machinery and equipment | 23 | €518 | €507 | -€11 | -2.1% |
| Furniture and vehicles | 24 | €26,349 | €16,370 | -€9,979 | -37.9% |
| Other tangible fixed assets | 26 | €21,823 | €19,410 | -€2,413 | -11.1% |
| Current assets | 29/58 | €329,950 | €320,271 | -€9,679 | -2.9% |
| Stocks and contracts in progress | 3 | €308,716 | €300,845 | -€7,870 | -2.5% |
| Stocks | 30/36 | €308,716 | €300,845 | -€7,870 | -2.5% |
| Amounts receivable within one year | 40/41 | €14,393 | €17,493 | +€3,100 | +21.5% |
| Trade receivables | 40 | €1,766 | €1,144 | -€622 | -35.2% |
| Other amounts receivable | 41 | €12,627 | €16,349 | +€3,722 | +29.5% |
| Cash at bank and in hand | 54/58 | €5,478 | €144 | -€5,334 | -97.4% |
| Deferred charges and accrued income | 490/1 | €1,364 | €1,789 | +€426 | +31.2% |
| Total equity and liabilities | 10/49 | €392,620 | €368,143 | -€24,476 | -6.2% |
| Equity | 10/15 | €319,089 | €325,941 | +€6,851 | +2.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Contributions outside capital | 11 | €15,000 | €15,000 | = | 0.0% |
| Other | 1109/19 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €205,941 | €205,941 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €204,081 | €204,081 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,148 | €104,999 | +€6,851 | +7.0% |
| Amounts payable | 17/49 | €73,530 | €42,202 | -€31,328 | -42.6% |
| Amounts payable after more than one year | 17 | €23,784 | €17,722 | -€6,062 | -25.5% |
| Financial debts | 170/4 | €23,784 | €17,722 | -€6,062 | -25.5% |
| Amounts payable within one year | 42/48 | €49,746 | €24,480 | -€25,265 | -50.8% |
| Current portion of amounts payable after more than one year | 42 | €15,799 | €6,062 | -€9,737 | -61.6% |
| Financial debts | 43 | - | €1,670 | +€1,670 | |
| Credit institutions | 430/8 | - | €1,670 | +€1,670 | |
| Trade debts | 44 | €21,295 | €2,397 | -€18,897 | -88.7% |
| Suppliers | 440/4 | €21,295 | €2,397 | -€18,897 | -88.7% |
| Taxes, remuneration and social security | 45 | €7,155 | €8,854 | +€1,699 | +23.8% |
| Taxes | 450/3 | €7,155 | €8,854 | +€1,699 | +23.8% |
| Other amounts payable | 47/48 | €5,497 | €5,497 | = | 0.0% |
| Non-recurring operating income | 76A | €5 | €0 | -€5 | -99.4% |
| Remuneration, social security and pensions | 62 | €19,293 | -€34 | -€19,327 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,090 | €15,132 | +€42 | +0.3% |
| Other operating charges | 640/8 | €3,326 | €3,361 | +€35 | +1.1% |
| Non-recurring operating charges | 66A | €5 | €9 | +€5 | +93.4% |
| Gross operating margin | 9900 | €50,016 | €30,281 | -€19,734 | -39.5% |
| Operating profit (loss) | 9901 | €12,302 | €11,812 | -€489 | -4.0% |
| Financial income | 75/76B | €75 | €114 | +€39 | +51.6% |
| Recurring financial income | 75 | €75 | €114 | +€39 | +51.6% |
| Financial charges | 65/66B | €4,233 | €3,072 | -€1,161 | -27.4% |
| Recurring financial charges | 65 | €4,233 | €3,072 | -€1,161 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €8,145 | €8,855 | +€710 | +8.7% |
| Income taxes | 67/77 | €312 | €2,004 | +€1,691 | +541% |
| Profit (loss) for the period | 9904 | €7,832 | €6,851 | -€981 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,832 | €6,851 | -€981 | -12.5% |
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 24 October 2026 via checked.be.