TISIO BIKE: what changed
TISIO BIKE
Largest movements
- Stocks and contracts -€33,948
down €33,948 (-43.9%), from €77,335 to €43,388
- Tangible fixed assets +€19,605
up €19,605 (+31.9%), from €61,384 to €80,988
of which Furniture and vehicles: +€25,437
- Cash -€4,904
down €4,904 (-31.0%), from €15,797 to €10,893
mainly Investment in fixed assets (net) (-€32,915) and Trade debts (-€13,396)
- Trade debts -€13,396
down €13,396 (-71.6%), from €18,702 to €5,306
- Debts after one year +€8,736
up €8,736 (+38.7%), from €22,599 to €31,335
of which Other amounts payable: +€18,902
- Profit (loss) carried forward -€7,479
down €7,479 (-15.2%), from €49,148 to €41,669
- Tax, wage and social debts -€4,846
down €4,846 (-87.4%), from €5,543 to €697
- Gross operating margin -€16,350
down €16,350 (-63.0%), from €25,949 to €9,599
- Depreciation -€1,520
down €1,520 (-10.3%), from €14,831 to €13,310
- Financial charges -€1,375
down €1,375 (-44.0%), from €3,125 to €1,750
- Taxes -€979
down €979 (-61.9%), from €1,582 to €603
- Other operating charges +€602
up €602 (+404%), from €149 to €750
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 | €159,906 | €141,598 | -€18,308 | -11.4% |
| Fixed assets | 21/28 | €61,384 | €80,988 | +€19,605 | +31.9% |
| Tangible fixed assets | 22/27 | €61,384 | €80,988 | +€19,605 | +31.9% |
| Land and buildings | 22 | €16,139 | €10,484 | -€5,654 | -35.0% |
| Plant, machinery and equipment | 23 | €406 | €228 | -€178 | -43.8% |
| Furniture and vehicles | 24 | €44,839 | €70,276 | +€25,437 | +56.7% |
| Current assets | 29/58 | €98,522 | €60,609 | -€37,913 | -38.5% |
| Stocks and contracts in progress | 3 | €77,335 | €43,388 | -€33,948 | -43.9% |
| Stocks | 30/36 | €77,335 | €43,388 | -€33,948 | -43.9% |
| Amounts receivable within one year | 40/41 | €4,029 | €3,667 | -€362 | -9.0% |
| Trade receivables | 40 | €611 | - | -€611 | |
| Other amounts receivable | 41 | €3,418 | €3,667 | +€249 | +7.3% |
| Cash at bank and in hand | 54/58 | €15,797 | €10,893 | -€4,904 | -31.0% |
| Deferred charges and accrued income | 490/1 | €1,361 | €2,662 | +€1,301 | +95.6% |
| Total equity and liabilities | 10/49 | €159,906 | €141,598 | -€18,308 | -11.4% |
| Equity | 10/15 | €99,312 | €91,832 | -€7,479 | -7.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €45,164 | €45,164 | = | 0.0% |
| Distributable reserves | 133 | €45,164 | €45,164 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,148 | €41,669 | -€7,479 | -15.2% |
| Amounts payable | 17/49 | €60,594 | €49,765 | -€10,829 | -17.9% |
| Amounts payable after more than one year | 17 | €22,599 | €31,335 | +€8,736 | +38.7% |
| Financial debts | 170/4 | €11,869 | €1,703 | -€10,165 | -85.6% |
| Other amounts payable | 178/9 | €10,730 | €29,632 | +€18,902 | +176% |
| Amounts payable within one year | 42/48 | €36,175 | €17,001 | -€19,174 | -53.0% |
| Current portion of amounts payable after more than one year | 42 | €11,329 | €10,165 | -€1,164 | -10.3% |
| Trade debts | 44 | €18,702 | €5,306 | -€13,396 | -71.6% |
| Suppliers | 440/4 | €18,702 | €5,306 | -€13,396 | -71.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €5,543 | €697 | -€4,846 | -87.4% |
| Taxes | 450/3 | €5,543 | €697 | -€4,846 | -87.4% |
| Other amounts payable | 47/48 | €601 | €833 | +€232 | +38.5% |
| Accrued charges and deferred income | 492/3 | €1,820 | €1,429 | -€391 | -21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,831 | €13,310 | -€1,520 | -10.3% |
| Other operating charges | 640/8 | €149 | €750 | +€602 | +404% |
| Gross operating margin | 9900 | €25,949 | €9,599 | -€16,350 | -63.0% |
| Operating profit (loss) | 9901 | €10,969 | -€4,462 | -€15,431 | |
| Financial income | 75/76B | €64 | €168 | +€104 | +161% |
| Recurring financial income | 75 | €64 | €168 | +€104 | +161% |
| Financial charges | 65/66B | €3,125 | €1,750 | -€1,375 | -44.0% |
| Recurring financial charges | 65 | €3,125 | €1,750 | -€1,375 | -44.0% |
| Profit (loss) for the period before taxes | 9903 | €7,909 | -€6,043 | -€13,952 | |
| Income taxes | 67/77 | €1,582 | €603 | -€979 | -61.9% |
| Profit (loss) for the period | 9904 | €6,327 | -€6,646 | -€12,974 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,327 | -€6,646 | -€12,974 |
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 3 November 2026 via checked.be.