Skip to content

Singletrack Bikes: what changed

Two fiscal 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.

What changed

Singletrack Bikes

BE 0840.964.363
NACE 47.632, Retail sale of bicycles
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€70,746
2024 · €15,314+€55,432
Equity
€300,864
2024 · €260,118+€40,746
Cash
€164,825
2024 · €103,711+€61,114
Balance sheet total
€384,160
2024 · €310,535+€73,625

Largest movements

2024 to 2025
Assets
  • Cash +€61,114

    up €61,114 (+58.9%), from €103,711 to €164,825

    mainly Net result for the year (+€70,746) and Trade debts (+€22,077)

  • Receivables within one year +€23,868

    up €23,868 (+89.8%), from €26,580 to €50,449

    of which Trade receivables: +€12,981

  • Stocks and contracts -€12,933

    down €12,933 (-7.9%), from €162,899 to €149,967

  • Deferred charges and accrued income +€4,431

    up €4,431 (+561.7%), from €789 to €5,220

Equity and liabilities
  • Reserves +€40,746

    up €40,746 (+16.0%), from €253,918 to €294,664

    of which Distributable reserves: +€40,746

  • Trade debts +€22,077

    up €22,077 (+58.8%), from €37,562 to €59,639

  • Tax, wage and social debts +€12,485

    up €12,485 (+240.9%), from €5,183 to €17,668

Income statement
  • Turnover -€531,600

    no longer reported in 2025 (was €531,600)

  • Purchases and services -€495,971

    no longer reported in 2025 (was €495,971)

  • Gross operating margin +€73,109

    up €73,109 (+203.7%), from €35,896 to €109,005

  • Taxes +€18,677

    up €18,677 (+400.5%), from €4,664 to €23,341

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €15,314
Gross operating margin +€73,109
Depreciation +€60
Other operating charges -€458
Financial income +€218
Financial charges +€1,181
Taxes -€18,677
Result 2025 €70,746

Cash bridge derived

cash 2024 to 2025

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.

From operations +€94,236
Investment -€3,121
Financing -€30,000
Cash 2024 €103,711
Net result for the year +€70,746
Depreciation +€5,977
Stocks and contracts +€12,933
Receivables within one year -€23,868
Deferred charges and accrued income -€4,431
Trade debts +€22,077
Tax, wage and social debts +€12,485
Other debts -€1,683
Investment in fixed assets (net) -€3,121
Contributions, distributions and other -€30,000
Cash 2025 €164,825
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €310,535 €384,160 +€73,625 +23.7%
Fixed assets 21/28 €16,555 €13,699 -€2,856 -17.3%
Tangible fixed assets 22/27 €16,555 €13,699 -€2,856 -17.3%
Land and buildings 22 €3,506 €3,109 -€397 -11.3%
Plant, machinery and equipment 23 €2,324 €1,527 -€798 -34.3%
Furniture and vehicles 24 €10,725 €9,063 -€1,662 -15.5%
Current assets 29/58 €293,979 €370,461 +€76,481 +26.0%
Stocks and contracts in progress 3 €162,899 €149,967 -€12,933 -7.9%
Stocks 30/36 €162,899 €149,967 -€12,933 -7.9%
Amounts receivable within one year 40/41 €26,580 €50,449 +€23,868 +89.8%
Trade receivables 40 €2,231 €15,212 +€12,981 +581.8%
Other amounts receivable 41 €24,349 €35,237 +€10,888 +44.7%
Cash at bank and in hand 54/58 €103,711 €164,825 +€61,114 +58.9%
Deferred charges and accrued income 490/1 €789 €5,220 +€4,431 +561.7%
Total equity and liabilities 10/49 €310,535 €384,160 +€73,625 +23.7%
Equity 10/15 €260,118 €300,864 +€40,746 +15.7%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €253,918 €294,664 +€40,746 +16.0%
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 €252,058 €292,804 +€40,746 +16.2%
Profit (loss) carried forward 14 - €0 =
Amounts payable 17/49 €50,417 €83,296 +€32,879 +65.2%
Amounts payable within one year 42/48 €50,417 €83,296 +€32,879 +65.2%
Trade debts 44 €37,562 €59,639 +€22,077 +58.8%
Suppliers 440/4 €37,562 €59,639 +€22,077 +58.8%
Taxes, remuneration and social security 45 €5,183 €17,668 +€12,485 +240.9%
Taxes 450/3 €5,183 €17,668 +€12,485 +240.9%
Other amounts payable 47/48 €7,672 €5,989 -€1,683 -21.9%
Turnover 70 €531,600 - -€531,600
Goods, raw materials, services and sundry goods 60/61 €495,971 - -€495,971
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,037 €5,977 -€60 -1.0%
Other operating charges 640/8 €5,449 €5,907 +€458 +8.4%
Gross operating margin 9900 €35,896 €109,005 +€73,109 +203.7%
Operating profit (loss) 9901 €24,410 €97,121 +€72,711 +297.9%
Financial income 75/76B €547 €765 +€218 +39.8%
Recurring financial income 75 €547 €765 +€218 +39.8%
Financial charges 65/66B €4,980 €3,799 -€1,181 -23.7%
Recurring financial charges 65 €4,980 €3,799 -€1,181 -23.7%
Profit (loss) for the period before taxes 9903 €19,977 €94,087 +€74,110 +371.0%
Income taxes 67/77 €4,664 €23,341 +€18,677 +400.5%
Profit (loss) for the period 9904 €15,314 €70,746 +€55,432 +362.0%
Profit (loss) for the period to be appropriated 9905 €15,314 €70,746 +€55,432 +362.0%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.