De Fietsbroers: 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
De Fietsbroers
NACE 46.495, Wholesale trade
financial year 31-12-2025 compared with 31-12-2024filed annual accounts (NBB)
Net result for the year
€27,011
31-12-2024 · €4,810+€22,201
Equity
€51,368
31-12-2024 · €43,480+€7,888
Cash
€21,520
31-12-2024 · €24,418-€2,897
Balance sheet total
€362,113
31-12-2024 · €358,195+€3,918
Largest movements
Assets
- Stocks and contracts +€13,387
up €13,387 (+18.3%), from €73,338 to €86,725
- Tangible fixed assets -€4,697
down €4,697 (-2.1%), from €228,266 to €223,569
of which Land and buildings: -€5,691
Equity and liabilities
- Debts after one year -€35,351
down €35,351 (-15.8%), from €223,610 to €188,259
- Current portion of long-term debt +€20,470
up €20,470 (+138%), from €14,880 to €35,351
- Other debts +€9,216
up €9,216 (+57.6%), from €16,000 to €25,216
- Contributions +€6,200
up €6,200 (+100%), from €6,200 to €12,400
- Trade debts +€4,579
up €4,579 (+42.5%), from €10,773 to €15,352
Income statement
- Gross operating margin +€20,058
up €20,058 (+30.8%), from €65,146 to €85,204
- Staff costs -€6,498
down €6,498 (-19.0%), from €34,151 to €27,653
- Taxes +€5,795
up €5,795 (+199%), from €2,906 to €8,701
- Financial charges -€1,281
down €1,281 (-10.3%), from €12,487 to €11,206
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024
€4,810
Gross operating margin
+€20,058
Staff costs
+€6,498
Depreciation
+€167
Other operating charges
+€52
Financial income
-€61
Financial charges
+€1,281
Taxes
-€5,795
Result 31-12-2025
€27,011
raises the resultlowers the result
Derived cash bridge
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€36,372
Investment
-€3,599
Financing
-€35,670
Cash 31-12-2024
€24,418
From operations (derived)
+€36,372
Net result for the year
+€27,011
Depreciation
+€8,296
Stocks and contracts
-€13,387
Receivables within one year
+€1,975
Deferred charges and accrued income
-€99
Provisions
-€81
Trade debts
+€4,579
Tax, wage and social debts
+€2,245
Other debts
+€9,216
Accrued charges and deferred income
-€3,383
Investment (derived)
-€3,599
Investment in fixed assets (net)
-€3,599
Financing
-€35,670
Debts after one year
-€35,351
Current portion of long-term debt
+€20,470
Short-term financial debts
-€1,667
Contributions, distributions and other
-€19,123
Cash 31-12-2025
€21,520
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €358,195 | €362,113 | +€3,918 | +1.1% |
| Fixed assets | 21/28 | €228,266 | €223,569 | -€4,697 | -2.1% |
| Tangible fixed assets | 22/27 | €228,266 | €223,569 | -€4,697 | -2.1% |
| Land and buildings | 22 | €221,285 | €215,594 | -€5,691 | -2.6% |
| Plant, machinery and equipment | 23 | €3,248 | €2,706 | -€542 | -16.7% |
| Furniture and vehicles | 24 | €3,733 | €5,269 | +€1,537 | +41.2% |
| Current assets | 29/58 | €129,930 | €138,544 | +€8,614 | +6.6% |
| Stocks and contracts in progress | 3 | €73,338 | €86,725 | +€13,387 | +18.3% |
| Stocks | 30/36 | €73,338 | €86,725 | +€13,387 | +18.3% |
| Amounts receivable within one year | 40/41 | €31,215 | €29,241 | -€1,975 | -6.3% |
| Trade receivables | 40 | €18,170 | €17,118 | -€1,052 | -5.8% |
| Other amounts receivable | 41 | €13,045 | €12,122 | -€923 | -7.1% |
| Cash at bank and in hand | 54/58 | €24,418 | €21,520 | -€2,897 | -11.9% |
| Deferred charges and accrued income | 490/1 | €959 | €1,058 | +€99 | +10.3% |
| Total equity and liabilities | 10/49 | €358,195 | €362,113 | +€3,918 | +1.1% |
| Equity | 10/15 | €43,480 | €51,368 | +€7,888 | +18.1% |
| Contributions | 10/11 | €6,200 | €12,400 | +€6,200 | +100% |
| Reserves | 13 | €28,728 | €30,739 | +€2,011 | +7.0% |
| Distributable reserves | 133 | €28,728 | €30,739 | +€2,011 | +7.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Investment grants | 15 | €8,552 | €8,229 | -€323 | -3.8% |
| Provisions and deferred taxes | 16 | €2,138 | €2,057 | -€81 | -3.8% |
| Deferred taxes | 168 | €2,138 | €2,057 | -€81 | -3.8% |
| Amounts payable | 17/49 | €312,578 | €308,688 | -€3,890 | -1.2% |
| Amounts payable after more than one year | 17 | €223,610 | €188,259 | -€35,351 | -15.8% |
| Financial debts | 170/4 | €223,610 | €188,259 | -€35,351 | -15.8% |
| Amounts payable within one year | 42/48 | €84,453 | €119,297 | +€34,844 | +41.3% |
| Current portion of amounts payable after more than one year | 42 | €14,880 | €35,351 | +€20,470 | +138% |
| Financial debts | 43 | €36,667 | €35,000 | -€1,667 | -4.5% |
| Credit institutions | 430/8 | €36,667 | €35,000 | -€1,667 | -4.5% |
| Trade debts | 44 | €10,773 | €15,352 | +€4,579 | +42.5% |
| Suppliers | 440/4 | €10,773 | €15,352 | +€4,579 | +42.5% |
| Taxes, remuneration and social security | 45 | €6,132 | €8,378 | +€2,245 | +36.6% |
| Taxes | 450/3 | €288 | €6,700 | +€6,412 | +2,224% |
| Remuneration and social security | 454/9 | €5,844 | €1,678 | -€4,166 | -71.3% |
| Other amounts payable | 47/48 | €16,000 | €25,216 | +€9,216 | +57.6% |
| Accrued charges and deferred income | 492/3 | €4,515 | €1,132 | -€3,383 | -74.9% |
| Remuneration, social security and pensions | 62 | €34,151 | €27,653 | -€6,498 | -19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,463 | €8,296 | -€167 | -2.0% |
| Other operating charges | 640/8 | €3,364 | €3,312 | -€52 | -1.5% |
| Gross operating margin | 9900 | €65,146 | €85,204 | +€20,058 | +30.8% |
| Operating profit (loss) | 9901 | €19,168 | €45,943 | +€26,775 | +140% |
| Financial income | 75/76B | €954 | €894 | -€61 | -6.4% |
| Recurring financial income | 75 | €954 | €894 | -€61 | -6.4% |
| Financial charges | 65/66B | €12,487 | €11,206 | -€1,281 | -10.3% |
| Recurring financial charges | 65 | €12,487 | €11,206 | -€1,281 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €7,635 | €35,631 | +€27,996 | +367% |
| Transfer from deferred taxes | 780 | €81 | €81 | = | 0.0% |
| Income taxes | 67/77 | €2,906 | €8,701 | +€5,795 | +199% |
| Profit (loss) for the period | 9904 | €4,810 | €27,011 | +€22,201 | +462% |
| Profit (loss) for the period to be appropriated | 9905 | €4,810 | €27,011 | +€22,201 | +462% |
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 26 October 2026 via checked.be.