AVA FIETSEN: 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.
What changed
AVA FIETSEN
NACE 47.632, Retail sale of bicycles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€90,505
2024 · €79,356+€11,149
Equity
€406,484
2024 · €315,979+€90,505
Cash
€247,201
2024 · €217,325+€29,877
Balance sheet total
€996,213
2024 · €943,525+€52,689
Largest movements
Assets
- Cash +€29,877
up €29,877 (+13.7%), from €217,325 to €247,201
mainly Net result for the year (+€90,505) and Depreciation (+€29,230)
- Stocks and contracts +€22,502
up €22,502 (+5.7%), from €397,268 to €419,770
Equity and liabilities
- Profit (loss) carried forward +€90,505
up €90,505 (+114%), from €79,356 to €169,862
- Debts after one year -€28,500
down €28,500 (-22.7%), from €125,764 to €97,264
- Other debts -€18,511
down €18,511 (-4.8%), from €383,832 to €365,321
Income statement
- Other operating charges -€37,195
down €37,195 (-91.2%), from €40,771 to €3,576
- Depreciation +€19,747
up €19,747 (+208%), from €9,483 to €29,230
- Gross operating margin -€4,165
down €4,165 (-2.5%), from €167,423 to €163,258
- Financial income -€2,824
down €2,824 (-73.5%), from €3,842 to €1,018
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.
Result 2024
€79,356
Gross operating margin
-€4,165
Staff costs
+€195
Depreciation
-€19,747
Write-downs
-€657
Other operating charges
+€37,195
Financial income
-€2,824
Financial charges
+€1,038
Taxes
+€114
Result 2025
€90,505
raises the resultlowers the result
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.
From operations
+€85,933
Investment
-€27,717
Financing
-€28,339
Cash 2024
€217,325
From operations (derived)
+€85,933
Net result for the year
+€90,505
Depreciation
+€29,230
Stocks and contracts
-€22,502
Receivables within one year
+€915
Deferred charges and accrued income
-€2,738
Trade debts
-€107
Tax, wage and social debts
+€7,805
Advances received
+€1,336
Other debts
-€18,511
Investment (derived)
-€27,717
Investment in fixed assets (net)
-€27,717
Financing
-€28,339
Debts after one year
-€28,500
Current portion of long-term debt
+€161
Cash 2025
€247,201
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €943,525 | €996,213 | +€52,689 | +5.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €275,300 | €273,787 | -€1,513 | -0.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €275,300 | €273,787 | -€1,513 | -0.5% |
| Land and buildings | 22 | €256,713 | €230,384 | -€26,330 | -10.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €15,896 | €41,609 | +€25,713 | +162% |
| Other tangible fixed assets | 26 | €2,691 | €1,794 | -€897 | -33.3% |
| Current assets | 29/58 | €668,225 | €722,426 | +€54,202 | +8.1% |
| Stocks and contracts in progress | 3 | €397,268 | €419,770 | +€22,502 | +5.7% |
| Stocks | 30/36 | €397,268 | €419,770 | +€22,502 | +5.7% |
| Amounts receivable within one year | 40/41 | €46,499 | €45,584 | -€915 | -2.0% |
| Trade receivables | 40 | €45,556 | €43,294 | -€2,262 | -5.0% |
| Other amounts receivable | 41 | €943 | €2,290 | +€1,347 | +143% |
| Cash at bank and in hand | 54/58 | €217,325 | €247,201 | +€29,877 | +13.7% |
| Deferred charges and accrued income | 490/1 | €7,133 | €9,872 | +€2,738 | +38.4% |
| Total equity and liabilities | 10/49 | €943,525 | €996,213 | +€52,689 | +5.6% |
| Equity | 10/15 | €315,979 | €406,484 | +€90,505 | +28.6% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €229,623 | €229,623 | = | 0.0% |
| Distributable reserves | 133 | €229,623 | €229,623 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,356 | €169,862 | +€90,505 | +114% |
| Amounts payable | 17/49 | €627,546 | €589,729 | -€37,817 | -6.0% |
| Amounts payable after more than one year | 17 | €125,764 | €97,264 | -€28,500 | -22.7% |
| Financial debts | 170/4 | €125,764 | €97,264 | -€28,500 | -22.7% |
| Amounts payable within one year | 42/48 | €501,781 | €492,465 | -€9,317 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €28,339 | €28,500 | +€161 | +0.6% |
| Trade debts | 44 | €23,598 | €23,491 | -€107 | -0.5% |
| Suppliers | 440/4 | €23,598 | €23,491 | -€107 | -0.5% |
| Advances received on contracts in progress | 46 | €12,068 | €13,403 | +€1,336 | +11.1% |
| Taxes, remuneration and social security | 45 | €53,944 | €61,749 | +€7,805 | +14.5% |
| Taxes | 450/3 | €53,944 | €53,753 | -€190 | -0.4% |
| Remuneration and social security | 454/9 | - | €7,996 | +€7,996 | |
| Other amounts payable | 47/48 | €383,832 | €365,321 | -€18,511 | -4.8% |
| Remuneration, social security and pensions | 62 | €442 | €247 | -€195 | -44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,483 | €29,230 | +€19,747 | +208% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,676 | €10,332 | +€657 | +6.8% |
| Other operating charges | 640/8 | €40,771 | €3,576 | -€37,195 | -91.2% |
| Gross operating margin | 9900 | €167,423 | €163,258 | -€4,165 | -2.5% |
| Operating profit (loss) | 9901 | €107,051 | €119,873 | +€12,821 | +12.0% |
| Financial income | 75/76B | €3,842 | €1,018 | -€2,824 | -73.5% |
| Recurring financial income | 75 | €3,842 | €1,018 | -€2,824 | -73.5% |
| Financial charges | 65/66B | €7,284 | €6,246 | -€1,038 | -14.3% |
| Recurring financial charges | 65 | €7,284 | €6,246 | -€1,038 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €103,610 | €114,645 | +€11,035 | +10.7% |
| Income taxes | 67/77 | €24,253 | €24,140 | -€114 | -0.5% |
| Profit (loss) for the period | 9904 | €79,356 | €90,505 | +€11,149 | +14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €79,356 | €90,505 | +€11,149 | +14.0% |
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 19 October 2026 via checked.be.