Fietsen Bart: 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.
Fietsen Bart
Largest movements
- Cash +€16,864
up €16,864 (+10.4%), from €161,927 to €178,791
mainly Net result for the year (+€31,250) and Depreciation (+€14,076)
- Tangible fixed assets -€10,701
down €10,701 (-24.7%), from €43,330 to €32,629
of which Furniture and vehicles: -€10,421
- Stocks and contracts +€5,379
up €5,379 (+9.6%), from €56,312 to €61,691
- Reserves +€29,250
up €29,250 (+12.0%), from €244,481 to €273,731
- Tax, wage and social debts -€8,437
no longer reported in 2024 (was €8,437)
- Trade debts -€7,706
down €7,706 (-64.4%), from €11,970 to €4,264
- Gross operating margin -€60,885
down €60,885 (-51.3%), from €118,680 to €57,795
- Taxes -€18,527
down €18,527 (-62.6%), from €29,596 to €11,070
- Financial income -€2,755
down €2,755 (-65.5%), from €4,209 to €1,454
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €290,087 | €301,987 | +€11,899 | +4.1% |
| Fixed assets | 21/28 | €46,704 | €35,503 | -€11,201 | -24.0% |
| Intangible fixed assets | 21 | €3,374 | €2,874 | -€500 | -14.8% |
| Tangible fixed assets | 22/27 | €43,330 | €32,629 | -€10,701 | -24.7% |
| Land and buildings | 22 | €28,188 | €27,908 | -€280 | -1.0% |
| Furniture and vehicles | 24 | €15,142 | €4,721 | -€10,421 | -68.8% |
| Current assets | 29/58 | €243,383 | €266,484 | +€23,100 | +9.5% |
| Stocks and contracts in progress | 3 | €56,312 | €61,691 | +€5,379 | +9.6% |
| Stocks | 30/36 | €56,312 | €61,691 | +€5,379 | +9.6% |
| Amounts receivable within one year | 40/41 | €24,537 | €25,134 | +€597 | +2.4% |
| Trade receivables | 40 | €22,680 | €10,837 | -€11,843 | -52.2% |
| Other amounts receivable | 41 | €1,857 | €14,297 | +€12,440 | +669.8% |
| Cash at bank and in hand | 54/58 | €161,927 | €178,791 | +€16,864 | +10.4% |
| Deferred charges and accrued income | 490/1 | €608 | €868 | +€260 | +42.8% |
| Total equity and liabilities | 10/49 | €290,087 | €301,987 | +€11,899 | +4.1% |
| Equity | 10/15 | €258,481 | €287,731 | +€29,250 | +11.3% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Reserves | 13 | €244,481 | €273,731 | +€29,250 | +12.0% |
| Distributable reserves | 133 | €244,481 | €273,731 | +€29,250 | +12.0% |
| Amounts payable | 17/49 | €31,606 | €14,255 | -€17,351 | -54.9% |
| Amounts payable within one year | 42/48 | €31,606 | €14,255 | -€17,351 | -54.9% |
| Trade debts | 44 | €11,970 | €4,264 | -€7,706 | -64.4% |
| Suppliers | 440/4 | €11,970 | €4,264 | -€7,706 | -64.4% |
| Advances received on contracts in progress | 46 | €1,723 | - | -€1,723 | |
| Taxes, remuneration and social security | 45 | €8,437 | - | -€8,437 | |
| Taxes | 450/3 | €8,437 | - | -€8,437 | |
| Other amounts payable | 47/48 | €9,476 | €9,991 | +€515 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,550 | €14,076 | -€474 | -3.3% |
| Other operating charges | 640/8 | €926 | €906 | -€21 | -2.2% |
| Non-recurring operating charges | 66A | - | €1,522 | +€1,522 | |
| Gross operating margin | 9900 | €118,680 | €57,795 | -€60,885 | -51.3% |
| Operating profit (loss) | 9901 | €103,204 | €41,291 | -€61,913 | -60.0% |
| Financial income | 75/76B | €4,209 | €1,454 | -€2,755 | -65.5% |
| Recurring financial income | 75 | €4,209 | €1,454 | -€2,755 | -65.5% |
| Financial charges | 65/66B | €891 | €425 | -€466 | -52.3% |
| Recurring financial charges | 65 | €891 | €425 | -€466 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | €106,521 | €42,320 | -€64,201 | -60.3% |
| Income taxes | 67/77 | €29,596 | €11,070 | -€18,527 | -62.6% |
| Profit (loss) for the period | 9904 | €76,925 | €31,250 | -€45,674 | -59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €76,925 | €31,250 | -€45,674 | -59.4% |
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 5 October 2026 via checked.be.