FIETSCENTER LUC: 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.
FIETSCENTER LUC
Largest movements
- Current investments +€400,000
new in 2025: €400,000
- Cash -€369,200
down €369,200 (-69.0%), from €534,801 to €165,601
mainly Current investments (-€400,000) and Investment in fixed assets (net) (-€86,000)
- Tangible fixed assets +€63,469
up €63,469 (+161%), from €39,399 to €102,868
of which Furniture and vehicles: +€64,247
- Receivables within one year -€9,330
down €9,330 (-33.2%), from €28,091 to €18,762
of which Trade receivables: -€23,759
- Reserves +€110,095
up €110,095 (+15.1%), from €728,869 to €838,964
- Tax, wage and social debts -€10,856
down €10,856 (-47.6%), from €22,829 to €11,973
- Gross operating margin -€44,409
down €44,409 (-21.6%), from €205,459 to €161,050
- Taxes -€13,713
down €13,713 (-32.8%), from €41,783 to €28,071
- Depreciation +€2,350
up €2,350 (+11.6%), from €20,181 to €22,531
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 | €801,865 | €889,250 | +€87,385 | +10.9% |
| Fixed assets | 21/28 | €39,399 | €102,868 | +€63,469 | +161% |
| Tangible fixed assets | 22/27 | €39,399 | €102,868 | +€63,469 | +161% |
| Plant, machinery and equipment | 23 | €2,533 | €1,756 | -€777 | -30.7% |
| Furniture and vehicles | 24 | €36,865 | €101,112 | +€64,247 | +174% |
| Current assets | 29/58 | €762,466 | €786,382 | +€23,916 | +3.1% |
| Stocks and contracts in progress | 3 | €199,229 | €201,689 | +€2,459 | +1.2% |
| Stocks | 30/36 | €199,229 | €201,689 | +€2,459 | +1.2% |
| Amounts receivable within one year | 40/41 | €28,091 | €18,762 | -€9,330 | -33.2% |
| Trade receivables | 40 | €28,091 | €4,332 | -€23,759 | -84.6% |
| Other amounts receivable | 41 | - | €14,429 | +€14,429 | |
| Current investments | 50/53 | - | €400,000 | +€400,000 | |
| Cash at bank and in hand | 54/58 | €534,801 | €165,601 | -€369,200 | -69.0% |
| Deferred charges and accrued income | 490/1 | €345 | €331 | -€14 | -4.1% |
| Total equity and liabilities | 10/49 | €801,865 | €889,250 | +€87,385 | +10.9% |
| Equity | 10/15 | €733,869 | €843,964 | +€110,095 | +15.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €728,869 | €838,964 | +€110,095 | +15.1% |
| Distributable reserves | 133 | €728,869 | €838,964 | +€110,095 | +15.1% |
| Amounts payable | 17/49 | €67,996 | €45,286 | -€22,710 | -33.4% |
| Amounts payable after more than one year | 17 | €2,385 | - | -€2,385 | |
| Financial debts | 170/4 | €2,385 | - | -€2,385 | |
| Amounts payable within one year | 42/48 | €65,611 | €45,286 | -€20,325 | -31.0% |
| Trade debts | 44 | €30,349 | €24,607 | -€5,742 | -18.9% |
| Suppliers | 440/4 | €30,349 | €24,607 | -€5,742 | -18.9% |
| Taxes, remuneration and social security | 45 | €22,829 | €11,973 | -€10,856 | -47.6% |
| Taxes | 450/3 | €22,829 | €11,973 | -€10,856 | -47.6% |
| Other amounts payable | 47/48 | €12,433 | €8,705 | -€3,727 | -30.0% |
| Remuneration, social security and pensions | 62 | €55 | €55 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,181 | €22,531 | +€2,350 | +11.6% |
| Other operating charges | 640/8 | €905 | €1,044 | +€139 | +15.4% |
| Gross operating margin | 9900 | €205,459 | €161,050 | -€44,409 | -21.6% |
| Operating profit (loss) | 9901 | €184,319 | €137,420 | -€46,899 | -25.4% |
| Financial income | 75/76B | €2,510 | €1,303 | -€1,208 | -48.1% |
| Recurring financial income | 75 | €2,510 | €1,303 | -€1,208 | -48.1% |
| Financial charges | 65/66B | €573 | €557 | -€16 | -2.8% |
| Recurring financial charges | 65 | €573 | €557 | -€16 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €186,256 | €138,166 | -€48,090 | -25.8% |
| Income taxes | 67/77 | €41,783 | €28,071 | -€13,713 | -32.8% |
| Profit (loss) for the period | 9904 | €144,473 | €110,095 | -€34,377 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €144,473 | €110,095 | -€34,377 | -23.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.