S CONCEPT BIKE: what changed
S CONCEPT BIKE
Largest movements
- Cash -€11,649
down €11,649 (-14.8%), from €78,583 to €66,934
mainly Tax, wage and social debts (-€13,146) and Trade debts (-€4,613)
- Stocks and contracts -€3,737
down €3,737 (-9.9%), from €37,693 to €33,956
- Tangible fixed assets -€3,441
down €3,441 (-15.2%), from €22,647 to €19,207
of which Plant, machinery and equipment: -€3,441
- Tax, wage and social debts -€13,146
down €13,146 (-39.3%), from €33,485 to €20,339
of which Taxes: -€13,180
- Trade debts -€4,613
down €4,613 (-63.8%), from €7,229 to €2,615
- Profit (loss) carried forward -€1,957
down €1,957 (-71.8%), from €2,726 to €769
- Turnover -€82,005
down €82,005 (-30.6%), from €267,986 to €185,981
- Purchases and services -€52,898
down €52,898 (-25.4%), from €207,996 to €155,098
- Gross operating margin -€42,028
down €42,028 (-56.8%), from €74,008 to €31,980
- Taxes -€10,295
no longer reported in 2025 (was €10,295)
- Staff costs -€6,878
down €6,878 (-19.2%), from €35,767 to €28,890
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €141,693 | €121,676 | -€20,017 | -14.1% |
| Fixed assets | 21/28 | €24,007 | €20,154 | -€3,853 | -16.0% |
| Intangible fixed assets | 21 | €1,360 | €948 | -€413 | -30.3% |
| Tangible fixed assets | 22/27 | €22,647 | €19,207 | -€3,441 | -15.2% |
| Plant, machinery and equipment | 23 | €22,647 | €19,207 | -€3,441 | -15.2% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €117,686 | €101,521 | -€16,164 | -13.7% |
| Stocks and contracts in progress | 3 | €37,693 | €33,956 | -€3,737 | -9.9% |
| Stocks | 30/36 | €37,693 | €33,956 | -€3,737 | -9.9% |
| Amounts receivable within one year | 40/41 | €799 | €186 | -€614 | -76.8% |
| Trade receivables | 40 | €788 | €186 | -€603 | -76.5% |
| Other amounts receivable | 41 | €11 | €0 | -€11 | -100% |
| Cash at bank and in hand | 54/58 | €78,583 | €66,934 | -€11,649 | -14.8% |
| Deferred charges and accrued income | 490/1 | €611 | €446 | -€165 | -27.0% |
| Total equity and liabilities | 10/49 | €141,693 | €121,676 | -€20,017 | -14.1% |
| Equity | 10/15 | €61,726 | €59,769 | -€1,957 | -3.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €54,000 | €54,000 | = | 0.0% |
| Distributable reserves | 133 | €54,000 | €54,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,726 | €769 | -€1,957 | -71.8% |
| Amounts payable | 17/49 | €79,967 | €61,907 | -€18,060 | -22.6% |
| Amounts payable within one year | 42/48 | €79,967 | €61,907 | -€18,060 | -22.6% |
| Trade debts | 44 | €7,229 | €2,615 | -€4,613 | -63.8% |
| Suppliers | 440/4 | €7,229 | €2,615 | -€4,613 | -63.8% |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €33,485 | €20,339 | -€13,146 | -39.3% |
| Taxes | 450/3 | €27,836 | €14,656 | -€13,180 | -47.3% |
| Remuneration and social security | 454/9 | €5,649 | €5,683 | +€34 | +0.6% |
| Other amounts payable | 47/48 | €39,254 | €38,953 | -€301 | -0.8% |
| Turnover | 70 | €267,986 | €185,981 | -€82,005 | -30.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €207,996 | €155,098 | -€52,898 | -25.4% |
| Remuneration, social security and pensions | 62 | €35,767 | €28,890 | -€6,878 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,355 | €3,853 | +€498 | +14.9% |
| Other operating charges | 640/8 | €1,034 | €609 | -€425 | -41.1% |
| Gross operating margin | 9900 | €74,008 | €31,980 | -€42,028 | -56.8% |
| Operating profit (loss) | 9901 | €33,852 | -€1,372 | -€35,224 | |
| Financial income | 75/76B | €1,309 | €984 | -€325 | -24.9% |
| Recurring financial income | 75 | €1,309 | €984 | -€325 | -24.9% |
| Financial charges | 65/66B | €582 | €1,568 | +€986 | +169% |
| Recurring financial charges | 65 | €582 | €1,568 | +€986 | +169% |
| Profit (loss) for the period before taxes | 9903 | €34,579 | -€1,957 | -€36,535 | |
| Income taxes | 67/77 | €10,295 | - | -€10,295 | |
| Profit (loss) for the period | 9904 | €24,284 | -€1,957 | -€26,241 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,284 | -€1,957 | -€26,241 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.