Speed E-Bike: 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.
Speed E-Bike
Largest movements
- Receivables within one year +€3,644
up €3,644 (+122%), from €2,975 to €6,619
of which Trade receivables: +€3,644
- Stocks and contracts +€2,625
up €2,625 (+11.4%), from €22,945 to €25,570
- Cash +€729
up €729 (+8.4%), from €8,692 to €9,421
mainly Net result for the year (+€9,441) and Trade debts (+€3,392)
- Profit (loss) carried forward +€9,441
up €9,441 (+555,364%), from €2 to €9,443
- Debts after one year -€5,000
down €5,000 (-100%), from €5,000 to €0
- Trade debts +€3,392
up €3,392 (+1,002%), from €339 to €3,731
- Current portion of long-term debt -€3,360
down €3,360 (-44.6%), from €7,527 to €4,167
- Tax, wage and social debts +€2,498
up €2,498 (+90.4%), from €2,765 to €5,263
- Taxes +€3,413
up €3,413 (+14,346%), from €24 to €3,437
- Gross operating margin +€2,200
up €2,200 (+17.0%), from €12,909 to €15,109
- Financial charges -€175
down €175 (-41.3%), from €425 to €249
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 | €35,542 | €42,513 | +€6,971 | +19.6% |
| Fixed assets | 21/28 | €930 | €505 | -€425 | -45.7% |
| Tangible fixed assets | 22/27 | €930 | €505 | -€425 | -45.7% |
| Other tangible fixed assets | 26 | €930 | €505 | -€425 | -45.7% |
| Current assets | 29/58 | €34,612 | €42,008 | +€7,396 | +21.4% |
| Stocks and contracts in progress | 3 | €22,945 | €25,570 | +€2,625 | +11.4% |
| Stocks | 30/36 | €22,945 | €25,570 | +€2,625 | +11.4% |
| Amounts receivable within one year | 40/41 | €2,975 | €6,619 | +€3,644 | +122% |
| Trade receivables | 40 | €275 | €3,919 | +€3,644 | +1,326% |
| Other amounts receivable | 41 | €2,700 | €2,700 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,692 | €9,421 | +€729 | +8.4% |
| Deferred charges and accrued income | 490/1 | - | €398 | +€398 | |
| Total equity and liabilities | 10/49 | €35,542 | €42,513 | +€6,971 | +19.6% |
| Equity | 10/15 | €7,502 | €16,943 | +€9,441 | +126% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2 | €9,443 | +€9,441 | +555,364% |
| Amounts payable | 17/49 | €28,040 | €25,570 | -€2,470 | -8.8% |
| Amounts payable after more than one year | 17 | €5,000 | €0 | -€5,000 | -100% |
| Financial debts | 170/4 | €5,000 | €0 | -€5,000 | -100% |
| Amounts payable within one year | 42/48 | €23,040 | €25,570 | +€2,530 | +11.0% |
| Current portion of amounts payable after more than one year | 42 | €7,527 | €4,167 | -€3,360 | -44.6% |
| Trade debts | 44 | €339 | €3,731 | +€3,392 | +1,002% |
| Suppliers | 440/4 | €339 | €3,731 | +€3,392 | +1,002% |
| Taxes, remuneration and social security | 45 | €2,765 | €5,263 | +€2,498 | +90.4% |
| Taxes | 450/3 | €2,765 | €5,263 | +€2,498 | +90.4% |
| Other amounts payable | 47/48 | €12,410 | €12,410 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €425 | €425 | = | 0.0% |
| Other operating charges | 640/8 | €1,495 | €1,557 | +€62 | +4.1% |
| Gross operating margin | 9900 | €12,909 | €15,109 | +€2,200 | +17.0% |
| Operating profit (loss) | 9901 | €10,990 | €13,127 | +€2,138 | +19.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €425 | €249 | -€175 | -41.3% |
| Recurring financial charges | 65 | €425 | €249 | -€175 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €10,565 | €12,878 | +€2,313 | +21.9% |
| Income taxes | 67/77 | €24 | €3,437 | +€3,413 | +14,346% |
| Profit (loss) for the period | 9904 | €10,541 | €9,441 | -€1,100 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,541 | €9,441 | -€1,100 | -10.4% |
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 16 October 2026 via checked.be.