TechNico 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.
TechNico Bikes
Largest movements
- Cash +€44,668
up €44,668 (+36.6%), from €122,196 to €166,864
mainly Net result for the year (+€132,151) and Trade debts (+€43,582)
- Stocks and contracts +€15,964
up €15,964 (+5.6%), from €282,741 to €298,705
- Receivables within one year +€13,013
up €13,013 (+38.2%), from €34,071 to €47,084
of which Trade receivables: +€32,477
- Profit (loss) carried forward +€118,151
up €118,151 (+28.0%), from €422,059 to €540,210
- Trade debts +€43,582
up €43,582 (+378.2%), from €11,524 to €55,106
- Tax, wage and social debts -€39,475
down €39,475 (-79.0%), from €49,953 to €10,477
of which Taxes: -€41,907
- Other debts -€36,912
down €36,912 (-70.3%), from €52,500 to €15,588
- Debts after one year -€12,828
down €12,828 (-7.7%), from €167,549 to €154,721
- Gross operating margin -€23,866
down €23,866 (-8.4%), from €285,201 to €261,336
- Taxes -€15,985
down €15,985 (-28.1%), from €56,961 to €40,975
- Staff costs +€13,361
up €13,361 (+54.1%), from €24,691 to €38,052
- Depreciation +€12,439
up €12,439 (+44.6%), from €27,917 to €40,356
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.
Cash bridge derived
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 | €735,952 | €808,930 | +€72,979 | +9.9% |
| Fixed assets | 21/28 | €292,808 | €294,698 | +€1,890 | +0.6% |
| Intangible fixed assets | 21 | €31,219 | €26,219 | -€5,000 | -16.0% |
| Tangible fixed assets | 22/27 | €261,589 | €268,479 | +€6,890 | +2.6% |
| Land and buildings | 22 | €222,206 | €211,756 | -€10,450 | -4.7% |
| Plant, machinery and equipment | 23 | €13,208 | €11,510 | -€1,698 | -12.9% |
| Furniture and vehicles | 24 | €8,213 | €33,212 | +€24,999 | +304.4% |
| Other tangible fixed assets | 26 | €17,962 | €12,002 | -€5,960 | -33.2% |
| Current assets | 29/58 | €443,144 | €514,232 | +€71,088 | +16.0% |
| Stocks and contracts in progress | 3 | €282,741 | €298,705 | +€15,964 | +5.6% |
| Stocks | 30/36 | €282,741 | €298,705 | +€15,964 | +5.6% |
| Amounts receivable within one year | 40/41 | €34,071 | €47,084 | +€13,013 | +38.2% |
| Trade receivables | 40 | €10,516 | €42,994 | +€32,477 | +308.8% |
| Other amounts receivable | 41 | €23,555 | €4,091 | -€19,464 | -82.6% |
| Cash at bank and in hand | 54/58 | €122,196 | €166,864 | +€44,668 | +36.6% |
| Deferred charges and accrued income | 490/1 | €4,136 | €1,579 | -€2,557 | -61.8% |
| Total equity and liabilities | 10/49 | €735,952 | €808,930 | +€72,979 | +9.9% |
| Equity | 10/15 | €442,059 | €560,210 | +€118,151 | +26.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €422,059 | €540,210 | +€118,151 | +28.0% |
| Amounts payable | 17/49 | €293,893 | €248,720 | -€45,172 | -15.4% |
| Amounts payable after more than one year | 17 | €167,549 | €154,721 | -€12,828 | -7.7% |
| Financial debts | 170/4 | €167,549 | €154,721 | -€12,828 | -7.7% |
| Amounts payable within one year | 42/48 | €126,344 | €93,999 | -€32,345 | -25.6% |
| Current portion of amounts payable after more than one year | 42 | €12,367 | €12,828 | +€461 | +3.7% |
| Trade debts | 44 | €11,524 | €55,106 | +€43,582 | +378.2% |
| Suppliers | 440/4 | €11,524 | €55,106 | +€43,582 | +378.2% |
| Taxes, remuneration and social security | 45 | €49,953 | €10,477 | -€39,475 | -79.0% |
| Taxes | 450/3 | €49,953 | €8,046 | -€41,907 | -83.9% |
| Remuneration and social security | 454/9 | - | €2,431 | +€2,431 | |
| Other amounts payable | 47/48 | €52,500 | €15,588 | -€36,912 | -70.3% |
| Remuneration, social security and pensions | 62 | €24,691 | €38,052 | +€13,361 | +54.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,917 | €40,356 | +€12,439 | +44.6% |
| Other operating charges | 640/8 | €1,213 | €3,682 | +€2,469 | +203.6% |
| Gross operating margin | 9900 | €285,201 | €261,336 | -€23,866 | -8.4% |
| Operating profit (loss) | 9901 | €231,381 | €179,246 | -€52,134 | -22.5% |
| Financial income | 75/76B | €1,856 | €773 | -€1,083 | -58.3% |
| Recurring financial income | 75 | €1,856 | €773 | -€1,083 | -58.3% |
| Financial charges | 65/66B | €4,449 | €6,893 | +€2,444 | +54.9% |
| Recurring financial charges | 65 | €4,449 | €6,893 | +€2,444 | +54.9% |
| Profit (loss) for the period before taxes | 9903 | €228,788 | €173,126 | -€55,662 | -24.3% |
| Income taxes | 67/77 | €56,961 | €40,975 | -€15,985 | -28.1% |
| Profit (loss) for the period | 9904 | €171,827 | €132,151 | -€39,676 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €171,827 | €132,151 | -€39,676 | -23.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.