Fiets Gigant: 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.
Fiets Gigant
Largest movements
- Stocks and contracts -€14,618
down €14,618 (-15.0%), from €97,342 to €82,724
- Receivables within one year +€10,986
up €10,986 (+19.1%), from €57,560 to €68,546
of which Other amounts receivable: +€5,806
- Tangible fixed assets -€6,703
down €6,703 (-7.3%), from €92,048 to €85,346
of which Land and buildings: -€5,536
- Cash -€4,503
down €4,503 (-9.8%), from €45,890 to €41,387
mainly Current portion of long-term debt (-€14,240) and Debts after one year (-€12,127)
- Current portion of long-term debt -€14,240
down €14,240 (-48.1%), from €29,601 to €15,361
- Debts after one year -€12,127
down €12,127 (-85.0%), from €14,263 to €2,136
- Short-term financial debts +€4,950
up €4,950 (+11.7%), from €42,265 to €47,214
- Tax, wage and social debts +€4,066
up €4,066 (+10.0%), from €40,723 to €44,789
- Trade debts -€3,388
down €3,388 (-23.4%), from €14,505 to €11,117
- Gross operating margin -€38,319
down €38,319 (-45.6%), from €84,010 to €45,691
- Other operating charges -€19,222
down €19,222 (-79.0%), from €24,333 to €5,110
- Staff costs -€13,361
down €13,361 (-84.8%), from €15,761 to €2,400
- Financial charges +€9,642
up €9,642 (+121%), from €7,959 to €17,601
- Taxes -€7,865
down €7,865 (-65.5%), from €12,007 to €4,141
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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €301,794 | €284,383 | -€17,411 | -5.8% |
| Fixed assets | 21/28 | €98,899 | €91,564 | -€7,336 | -7.4% |
| Intangible fixed assets | 21 | €1,601 | €968 | -€633 | -39.5% |
| Tangible fixed assets | 22/27 | €92,048 | €85,346 | -€6,703 | -7.3% |
| Land and buildings | 22 | €72,145 | €66,609 | -€5,536 | -7.7% |
| Plant, machinery and equipment | 23 | €15,483 | €15,762 | +€279 | +1.8% |
| Furniture and vehicles | 24 | €3,501 | €2,469 | -€1,032 | -29.5% |
| Other tangible fixed assets | 26 | €920 | €506 | -€414 | -45.0% |
| Financial fixed assets | 28 | €5,250 | €5,250 | = | 0.0% |
| Current assets | 29/58 | €202,895 | €192,819 | -€10,076 | -5.0% |
| Stocks and contracts in progress | 3 | €97,342 | €82,724 | -€14,618 | -15.0% |
| Stocks | 30/36 | €97,342 | €82,724 | -€14,618 | -15.0% |
| Amounts receivable within one year | 40/41 | €57,560 | €68,546 | +€10,986 | +19.1% |
| Trade receivables | 40 | €36,280 | €41,460 | +€5,180 | +14.3% |
| Other amounts receivable | 41 | €21,280 | €27,086 | +€5,806 | +27.3% |
| Cash at bank and in hand | 54/58 | €45,890 | €41,387 | -€4,503 | -9.8% |
| Deferred charges and accrued income | 490/1 | €2,103 | €163 | -€1,940 | -92.3% |
| Total equity and liabilities | 10/49 | €301,794 | €284,383 | -€17,411 | -5.8% |
| Equity | 10/15 | €153,083 | €156,411 | +€3,329 | +2.2% |
| Contributions | 10/11 | €20,900 | €20,900 | = | 0.0% |
| Reserves | 13 | €132,183 | €135,511 | +€3,329 | +2.5% |
| Distributable reserves | 133 | €132,183 | €135,511 | +€3,329 | +2.5% |
| Provisions and deferred taxes | 16 | €7,355 | €7,355 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €7,355 | €7,355 | = | 0.0% |
| Major repairs and maintenance | 162 | €7,355 | €7,355 | = | 0.0% |
| Amounts payable | 17/49 | €141,357 | €120,617 | -€20,740 | -14.7% |
| Amounts payable after more than one year | 17 | €14,263 | €2,136 | -€12,127 | -85.0% |
| Financial debts | 170/4 | €14,263 | €2,136 | -€12,127 | -85.0% |
| Amounts payable within one year | 42/48 | €127,094 | €118,481 | -€8,613 | -6.8% |
| Current portion of amounts payable after more than one year | 42 | €29,601 | €15,361 | -€14,240 | -48.1% |
| Financial debts | 43 | €42,265 | €47,214 | +€4,950 | +11.7% |
| Credit institutions | 430/8 | €42,265 | €47,214 | +€4,950 | +11.7% |
| Trade debts | 44 | €14,505 | €11,117 | -€3,388 | -23.4% |
| Suppliers | 440/4 | €14,505 | €11,117 | -€3,388 | -23.4% |
| Taxes, remuneration and social security | 45 | €40,723 | €44,789 | +€4,066 | +10.0% |
| Taxes | 450/3 | €40,723 | €44,789 | +€4,066 | +10.0% |
| Remuneration, social security and pensions | 62 | €15,761 | €2,400 | -€13,361 | -84.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,358 | €13,135 | +€776 | +6.3% |
| Other operating charges | 640/8 | €24,333 | €5,110 | -€19,222 | -79.0% |
| Gross operating margin | 9900 | €84,010 | €45,691 | -€38,319 | -45.6% |
| Operating profit (loss) | 9901 | €31,558 | €25,046 | -€6,513 | -20.6% |
| Financial income | 75/76B | €293 | €25 | -€268 | -91.4% |
| Recurring financial income | 75 | €293 | €25 | -€268 | -91.4% |
| Financial charges | 65/66B | €7,959 | €17,601 | +€9,642 | +121% |
| Recurring financial charges | 65 | €7,959 | €17,601 | +€9,642 | +121% |
| Profit (loss) for the period before taxes | 9903 | €23,893 | €7,470 | -€16,423 | -68.7% |
| Income taxes | 67/77 | €12,007 | €4,141 | -€7,865 | -65.5% |
| Profit (loss) for the period | 9904 | €11,887 | €3,329 | -€8,558 | -72.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,887 | €3,329 | -€8,558 | -72.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.