XBIKE: 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.
What changed
XBIKE
NACE 95.290, Repair and maintenance of other personal and household goods
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€29,234
2023 · €27,758-€56,992
Equity
€400,652
2023 · €429,886-€29,234
Cash
€43,301
2023 · €144,167-€100,866
Balance sheet total
€2.3m
2023 · €2.2m+€130,534
Largest movements
Assets
- Stocks and contracts +€217,122
up €217,122 (+35.7%), from €608,802 to €825,925
- Cash -€100,866
down €100,866 (-70.0%), from €144,167 to €43,301
mainly Stocks and contracts (-€217,122) and Investment in fixed assets (net) (-€144,716)
Equity and liabilities
- Other debts +€90,844
up €90,844 (+79.2%), from €114,713 to €205,557
- Current portion of long-term debt +€48,744
up €48,744 (+65.5%), from €74,475 to €123,219
- Profit (loss) carried forward -€29,234
down €29,234 (-85.3%), from €34,254 to €5,020
Income statement
- Staff costs +€121,503
up €121,503 (+56.4%), from €215,444 to €336,947
- Gross operating margin +€96,141
up €96,141 (+24.2%), from €397,211 to €493,352
- Depreciation +€31,702
up €31,702 (+30.8%), from €102,933 to €134,635
- Financial charges +€25,059
up €25,059 (+96.5%), from €25,956 to €51,015
- Taxes -€16,141
down €16,141 (-97.4%), from €16,579 to €438
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.
Result 2023
€27,758
Gross operating margin
+€96,141
Staff costs
-€121,503
Depreciation
-€31,702
Other operating charges
-€1,236
Other operating items
-€782
Financial income
+€11,008
Financial charges
-€25,059
Taxes
+€16,141
Result 2024
-€29,234
Cash bridge derived
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.
From operations
-€20,963
Investment
-€144,716
Financing
+€64,813
Cash 2023
€144,167
From operations (derived)
-€20,963
Net result for the year
-€29,234
Depreciation
+€134,635
Stocks and contracts
-€217,122
Receivables within one year
+€16,812
Deferred charges and accrued income
-€21,009
Trade debts
-€6,822
Tax, wage and social debts
+€10,860
Advances received
-€12,806
Other debts
+€90,844
Accrued charges and deferred income
+€12,880
Investment (derived)
-€144,716
Investment in fixed assets (net)
-€144,716
Financing
+€64,813
Debts after one year
+€16,069
Current portion of long-term debt
+€48,744
Cash 2024
€43,301
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,158,702 | €2,289,236 | +€130,534 | +6.0% |
| Fixed assets | 21/28 | €1,299,027 | €1,309,108 | +€10,081 | +0.8% |
| Intangible fixed assets | 21 | €74,616 | €64,521 | -€10,095 | -13.5% |
| Tangible fixed assets | 22/27 | €1,222,612 | €1,242,787 | +€20,176 | +1.7% |
| Land and buildings | 22 | €741,299 | €709,456 | -€31,843 | -4.3% |
| Plant, machinery and equipment | 23 | €442,114 | €419,326 | -€22,788 | -5.2% |
| Furniture and vehicles | 24 | €17,756 | €78,044 | +€60,289 | +339.5% |
| Other tangible fixed assets | 26 | €21,443 | €35,962 | +€14,519 | +67.7% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €859,675 | €980,128 | +€120,453 | +14.0% |
| Stocks and contracts in progress | 3 | €608,802 | €825,925 | +€217,122 | +35.7% |
| Stocks | 30/36 | €608,802 | €825,925 | +€217,122 | +35.7% |
| Amounts receivable within one year | 40/41 | €52,936 | €36,124 | -€16,812 | -31.8% |
| Trade receivables | 40 | €52,936 | €21,444 | -€31,492 | -59.5% |
| Other amounts receivable | 41 | - | €14,680 | +€14,680 | |
| Cash at bank and in hand | 54/58 | €144,167 | €43,301 | -€100,866 | -70.0% |
| Deferred charges and accrued income | 490/1 | €53,770 | €74,779 | +€21,009 | +39.1% |
| Total equity and liabilities | 10/49 | €2,158,702 | €2,289,236 | +€130,534 | +6.0% |
| Equity | 10/15 | €429,886 | €400,652 | -€29,234 | -6.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €377,032 | €377,032 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €375,172 | €375,172 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,254 | €5,020 | -€29,234 | -85.3% |
| Amounts payable | 17/49 | €1,728,817 | €1,888,585 | +€159,768 | +9.2% |
| Amounts payable after more than one year | 17 | €1,044,529 | €1,060,598 | +€16,069 | +1.5% |
| Financial debts | 170/4 | €1,044,529 | €1,060,598 | +€16,069 | +1.5% |
| Amounts payable within one year | 42/48 | €622,943 | €753,762 | +€130,820 | +21.0% |
| Current portion of amounts payable after more than one year | 42 | €74,475 | €123,219 | +€48,744 | +65.5% |
| Trade debts | 44 | €314,713 | €307,891 | -€6,822 | -2.2% |
| Suppliers | 440/4 | €220,926 | €298,011 | +€77,085 | +34.9% |
| Bills of exchange payable | 441 | €93,788 | €9,880 | -€83,908 | -89.5% |
| Advances received on contracts in progress | 46 | €52,806 | €40,000 | -€12,806 | -24.3% |
| Taxes, remuneration and social security | 45 | €66,235 | €77,095 | +€10,860 | +16.4% |
| Taxes | 450/3 | €47,005 | €47,839 | +€834 | +1.8% |
| Remuneration and social security | 454/9 | €19,230 | €29,256 | +€10,026 | +52.1% |
| Other amounts payable | 47/48 | €114,713 | €205,557 | +€90,844 | +79.2% |
| Accrued charges and deferred income | 492/3 | €61,345 | €74,224 | +€12,880 | +21.0% |
| Non-recurring operating income | 76A | €474 | €40,663 | +€40,189 | +8482.4% |
| Remuneration, social security and pensions | 62 | €215,444 | €336,947 | +€121,503 | +56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,933 | €134,635 | +€31,702 | +30.8% |
| Other operating charges | 640/8 | €8,844 | €10,080 | +€1,236 | +14.0% |
| Non-recurring operating charges | 66A | - | €782 | +€782 | |
| Gross operating margin | 9900 | €397,211 | €493,352 | +€96,141 | +24.2% |
| Operating profit (loss) | 9901 | €69,990 | €10,909 | -€59,082 | -84.4% |
| Financial income | 75/76B | €302 | €11,311 | +€11,008 | +3639.6% |
| Recurring financial income | 75 | €302 | €11,311 | +€11,008 | +3639.6% |
| Financial charges | 65/66B | €25,956 | €51,015 | +€25,059 | +96.5% |
| Recurring financial charges | 65 | €25,956 | €51,015 | +€25,059 | +96.5% |
| Profit (loss) for the period before taxes | 9903 | €44,337 | -€28,796 | -€73,133 | |
| Income taxes | 67/77 | €16,579 | €438 | -€16,141 | -97.4% |
| Profit (loss) for the period | 9904 | €27,758 | -€29,234 | -€56,992 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,758 | -€29,234 | -€56,992 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.