SKY 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.
SKY BIKES
Largest movements
- Receivables within one year +€33,101
up €33,101 (+111%), from €29,781 to €62,882
of which Trade receivables: +€22,628
- Tangible fixed assets +€21,827
up €21,827 (+338%), from €6,458 to €28,285
of which Furniture and vehicles: +€22,152
- Stocks and contracts +€20,550
up €20,550 (+138%), from €14,850 to €35,400
- Cash +€16,258
up €16,258 (+527%), from €3,088 to €19,345
mainly Trade debts (+€26,948) and Advances received (+€24,693)
- Trade debts +€26,948
up €26,948 (+210%), from €12,805 to €39,753
- Advances received +€24,693
new in 2024: €24,693
- Debts after one year +€19,286
new in 2024: €19,286
of which Other amounts payable: +€9,750
- Reserves +€9,266
up €9,266 (+64.2%), from €14,434 to €23,701
- Tax, wage and social debts +€5,920
up €5,920 (+80.1%), from €7,394 to €13,314
of which Taxes: +€4,417
- Gross operating margin +€14,391
up €14,391 (+100.0%), from €14,396 to €28,787
- Taxes +€3,311
up €3,311 (+137%), from €2,418 to €5,729
- Depreciation +€2,678
up €2,678 (+140%), from €1,907 to €4,585
- Financial charges +€626
up €626 (+263%), from €238 to €864
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,251 | €152,044 | +€90,793 | +148% |
| Fixed assets | 21/28 | €6,458 | €28,285 | +€21,827 | +338% |
| Tangible fixed assets | 22/27 | €6,458 | €28,285 | +€21,827 | +338% |
| Plant, machinery and equipment | 23 | €522 | €197 | -€325 | -62.2% |
| Furniture and vehicles | 24 | €5,936 | €28,088 | +€22,152 | +373% |
| Current assets | 29/58 | €54,792 | €123,758 | +€68,966 | +126% |
| Amounts receivable after more than one year | 29 | €5,910 | €4,910 | -€1,000 | -16.9% |
| Other amounts receivable | 291 | €5,910 | €4,910 | -€1,000 | -16.9% |
| Stocks and contracts in progress | 3 | €14,850 | €35,400 | +€20,550 | +138% |
| Stocks | 30/36 | €14,850 | €35,400 | +€20,550 | +138% |
| Amounts receivable within one year | 40/41 | €29,781 | €62,882 | +€33,101 | +111% |
| Trade receivables | 40 | €29,290 | €51,918 | +€22,628 | +77.3% |
| Other amounts receivable | 41 | €491 | €10,964 | +€10,473 | +2,132% |
| Cash at bank and in hand | 54/58 | €3,088 | €19,345 | +€16,258 | +527% |
| Deferred charges and accrued income | 490/1 | €1,164 | €1,221 | +€57 | +4.9% |
| Total equity and liabilities | 10/49 | €61,251 | €152,044 | +€90,793 | +148% |
| Equity | 10/15 | €41,051 | €50,318 | +€9,266 | +22.6% |
| Contributions | 10/11 | €7,200 | €7,200 | = | 0.0% |
| Reserves | 13 | €14,434 | €23,701 | +€9,266 | +64.2% |
| Distributable reserves | 133 | €14,434 | €23,701 | +€9,266 | +64.2% |
| Profit (loss) carried forward | 14 | €19,417 | €19,417 | = | 0.0% |
| Amounts payable | 17/49 | €20,199 | €101,726 | +€81,527 | +404% |
| Amounts payable after more than one year | 17 | - | €19,286 | +€19,286 | |
| Financial debts | 170/4 | - | €9,536 | +€9,536 | |
| Other amounts payable | 178/9 | - | €9,750 | +€9,750 | |
| Amounts payable within one year | 42/48 | €20,199 | €82,440 | +€62,241 | +308% |
| Current portion of amounts payable after more than one year | 42 | - | €4,680 | +€4,680 | |
| Trade debts | 44 | €12,805 | €39,753 | +€26,948 | +210% |
| Suppliers | 440/4 | €12,805 | €39,753 | +€26,948 | +210% |
| Advances received on contracts in progress | 46 | - | €24,693 | +€24,693 | |
| Taxes, remuneration and social security | 45 | €7,394 | €13,314 | +€5,920 | +80.1% |
| Taxes | 450/3 | €6,394 | €10,811 | +€4,417 | +69.1% |
| Remuneration and social security | 454/9 | €1,000 | €2,503 | +€1,503 | +150% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,907 | €4,585 | +€2,678 | +140% |
| Other operating charges | 640/8 | €924 | €867 | -€57 | -6.2% |
| Non-recurring operating charges | 66A | €4,082 | - | -€4,082 | |
| Gross operating margin | 9900 | €14,396 | €28,787 | +€14,391 | +100.0% |
| Operating profit (loss) | 9901 | €7,484 | €23,335 | +€15,851 | +212% |
| Financial income | 75/76B | €4 | €267 | +€263 | +6,633% |
| Recurring financial income | 75 | €4 | €267 | +€263 | +6,633% |
| Financial charges | 65/66B | €238 | €864 | +€626 | +263% |
| Recurring financial charges | 65 | €238 | €864 | +€626 | +263% |
| Profit (loss) for the period before taxes | 9903 | €7,250 | €22,737 | +€15,488 | +214% |
| Income taxes | 67/77 | €2,418 | €5,729 | +€3,311 | +137% |
| Profit (loss) for the period | 9904 | €4,832 | €17,009 | +€12,177 | +252% |
| Profit (loss) for the period to be appropriated | 9905 | €4,832 | €17,009 | +€12,177 | +252% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.