TOP 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.
TOP BIKE
Largest movements
- Cash +€20,452
up €20,452 (+43.9%), from €46,613 to €67,065
mainly Net result for the year (+€12,394) and Other debts (+€10,150)
- Stocks and contracts -€5,070
down €5,070 (-8.3%), from €61,389 to €56,319
- Tangible fixed assets +€3,915
up €3,915 (+16.8%), from €23,235 to €27,150
of which Plant, machinery and equipment: +€3,808
- Receivables within one year -€3,397
down €3,397 (-82.0%), from €4,144 to €747
of which Trade receivables: -€3,307
- Other debts +€10,150
up €10,150 (+801%), from €1,268 to €11,418
- Tax, wage and social debts +€4,066
up €4,066 (+128%), from €3,173 to €7,239
- Gross operating margin +€16,815
up €16,815 (+223%), from €7,524 to €24,340
- Taxes +€4,798
new in 2025: €4,798
- Depreciation -€706
down €706 (-19.7%), from €3,587 to €2,881
- Financial charges +€472
up €472 (+96.9%), from €487 to €958
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 | €135,755 | €151,655 | +€15,900 | +11.7% |
| Fixed assets | 21/28 | €23,609 | €27,524 | +€3,915 | +16.6% |
| Tangible fixed assets | 22/27 | €23,235 | €27,150 | +€3,915 | +16.8% |
| Land and buildings | 22 | €23,235 | €23,342 | +€107 | +0.5% |
| Plant, machinery and equipment | 23 | - | €3,808 | +€3,808 | |
| Financial fixed assets | 28 | €374 | €374 | = | 0.0% |
| Current assets | 29/58 | €112,146 | €124,131 | +€11,985 | +10.7% |
| Stocks and contracts in progress | 3 | €61,389 | €56,319 | -€5,070 | -8.3% |
| Stocks | 30/36 | €61,389 | €56,319 | -€5,070 | -8.3% |
| Amounts receivable within one year | 40/41 | €4,144 | €747 | -€3,397 | -82.0% |
| Trade receivables | 40 | €4,054 | €747 | -€3,307 | -81.6% |
| Other amounts receivable | 41 | €90 | - | -€90 | |
| Cash at bank and in hand | 54/58 | €46,613 | €67,065 | +€20,452 | +43.9% |
| Total equity and liabilities | 10/49 | €135,755 | €151,655 | +€15,900 | +11.7% |
| Equity | 10/15 | €125,973 | €128,368 | +€2,394 | +1.9% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €47,644 | €48,644 | +€1,000 | +2.1% |
| Distributable reserves | 133 | €47,644 | €48,644 | +€1,000 | +2.1% |
| Profit (loss) carried forward | 14 | -€20,828 | -€19,433 | +€1,394 | +6.7% |
| Amounts payable | 17/49 | €9,782 | €23,287 | +€13,506 | +138% |
| Amounts payable within one year | 42/48 | €9,782 | €23,287 | +€13,506 | +138% |
| Trade debts | 44 | €3,741 | €3,170 | -€571 | -15.3% |
| Suppliers | 440/4 | €3,741 | €3,170 | -€571 | -15.3% |
| Advances received on contracts in progress | 46 | €1,600 | €1,460 | -€140 | -8.8% |
| Taxes, remuneration and social security | 45 | €3,173 | €7,239 | +€4,066 | +128% |
| Taxes | 450/3 | €3,173 | €7,239 | +€4,066 | +128% |
| Other amounts payable | 47/48 | €1,268 | €11,418 | +€10,150 | +801% |
| Non-recurring operating income | 76A | €1 | €35 | +€34 | +3,476% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,587 | €2,881 | -€706 | -19.7% |
| Other operating charges | 640/8 | €3,216 | €3,311 | +€95 | +2.9% |
| Non-recurring operating charges | 66A | €1,120 | €7 | -€1,112 | -99.3% |
| Gross operating margin | 9900 | €7,524 | €24,340 | +€16,815 | +223% |
| Operating profit (loss) | 9901 | -€399 | €18,140 | +€18,539 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €487 | €958 | +€472 | +96.9% |
| Recurring financial charges | 65 | €487 | €958 | +€472 | +96.9% |
| Profit (loss) for the period before taxes | 9903 | -€886 | €17,192 | +€18,078 | |
| Income taxes | 67/77 | - | €4,798 | +€4,798 | |
| Profit (loss) for the period | 9904 | -€886 | €12,394 | +€13,280 | |
| Profit (loss) for the period to be appropriated | 9905 | -€886 | €12,394 | +€13,280 |
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 21 October 2026 via checked.be.