FIETSEN BICYCLE: 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.
FIETSEN BICYCLE
Largest movements
- Tangible fixed assets -€12,762
down €12,762 (-28.3%), from €45,151 to €32,390
of which Furniture and vehicles: -€10,227
- Receivables within one year -€6,834
down €6,834 (-87.5%), from €7,806 to €972
of which Other amounts receivable: -€7,081
- Debts after one year -€11,377
down €11,377 (-53.9%), from €21,113 to €9,736
- Short-term financial debts -€8,754
down €8,754 (-28.9%), from €30,297 to €21,543
- Reserves +€3,335
up €3,335 (+11.3%), from €29,488 to €32,823
- Other debts -€2,305
down €2,305 (-21.1%), from €10,901 to €8,596
- Profit (loss) carried forward -€1,666
down €1,666 (-18.2%), from €9,130 to €7,464
- Gross operating margin -€5,024
down €5,024 (-17.4%), from €28,897 to €23,873
- Taxes -€1,266
down €1,266 (-40.2%), from €3,145 to €1,879
- Depreciation -€1,015
down €1,015 (-6.6%), from €15,445 to €14,431
- Financial charges -€585
down €585 (-16.2%), from €3,614 to €3,029
- Financial income -€323
down €323 (-60.0%), from €539 to €215
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 | €148,402 | €128,899 | -€19,503 | -13.1% |
| Fixed assets | 21/28 | €45,151 | €32,390 | -€12,762 | -28.3% |
| Tangible fixed assets | 22/27 | €45,151 | €32,390 | -€12,762 | -28.3% |
| Plant, machinery and equipment | 23 | - | €1,407 | +€1,407 | |
| Furniture and vehicles | 24 | €21,939 | €11,712 | -€10,227 | -46.6% |
| Other tangible fixed assets | 26 | €23,212 | €19,271 | -€3,941 | -17.0% |
| Current assets | 29/58 | €103,251 | €96,510 | -€6,741 | -6.5% |
| Stocks and contracts in progress | 3 | €94,352 | €94,334 | -€18 | 0.0% |
| Stocks | 30/36 | €94,352 | €94,334 | -€18 | 0.0% |
| Amounts receivable within one year | 40/41 | €7,806 | €972 | -€6,834 | -87.5% |
| Trade receivables | 40 | €25 | €272 | +€247 | +988% |
| Other amounts receivable | 41 | €7,781 | €700 | -€7,081 | -91.0% |
| Cash at bank and in hand | 54/58 | €599 | €345 | -€254 | -42.4% |
| Deferred charges and accrued income | 490/1 | €494 | €858 | +€365 | +73.9% |
| Total equity and liabilities | 10/49 | €148,402 | €128,899 | -€19,503 | -13.1% |
| Equity | 10/15 | €44,818 | €46,487 | +€1,669 | +3.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €29,488 | €32,823 | +€3,335 | +11.3% |
| Distributable reserves | 133 | €29,488 | €32,823 | +€3,335 | +11.3% |
| Profit (loss) carried forward | 14 | €9,130 | €7,464 | -€1,666 | -18.2% |
| Amounts payable | 17/49 | €103,584 | €82,412 | -€21,172 | -20.4% |
| Amounts payable after more than one year | 17 | €21,113 | €9,736 | -€11,377 | -53.9% |
| Financial debts | 170/4 | €21,113 | €9,736 | -€11,377 | -53.9% |
| Amounts payable within one year | 42/48 | €82,268 | €72,676 | -€9,592 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €11,310 | €11,377 | +€67 | +0.6% |
| Financial debts | 43 | €30,297 | €21,543 | -€8,754 | -28.9% |
| Credit institutions | 430/8 | €30,297 | €21,543 | -€8,754 | -28.9% |
| Trade debts | 44 | €28,972 | €29,049 | +€77 | +0.3% |
| Suppliers | 440/4 | €28,972 | €29,049 | +€77 | +0.3% |
| Advances received on contracts in progress | 46 | €227 | €440 | +€213 | +93.6% |
| Taxes, remuneration and social security | 45 | €560 | €1,671 | +€1,111 | +198% |
| Taxes | 450/3 | €560 | €1,671 | +€1,111 | +198% |
| Other amounts payable | 47/48 | €10,901 | €8,596 | -€2,305 | -21.1% |
| Accrued charges and deferred income | 492/3 | €202 | €0 | -€202 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,445 | €14,431 | -€1,015 | -6.6% |
| Other operating charges | 640/8 | €1,550 | €1,415 | -€136 | -8.7% |
| Gross operating margin | 9900 | €28,897 | €23,873 | -€5,024 | -17.4% |
| Operating profit (loss) | 9901 | €11,901 | €8,028 | -€3,874 | -32.6% |
| Financial income | 75/76B | €539 | €215 | -€323 | -60.0% |
| Recurring financial income | 75 | €539 | €215 | -€323 | -60.0% |
| Financial charges | 65/66B | €3,614 | €3,029 | -€585 | -16.2% |
| Recurring financial charges | 65 | €3,614 | €3,029 | -€585 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €8,826 | €5,214 | -€3,612 | -40.9% |
| Income taxes | 67/77 | €3,145 | €1,879 | -€1,266 | -40.2% |
| Profit (loss) for the period | 9904 | €5,682 | €3,335 | -€2,346 | -41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,682 | €3,335 | -€2,346 | -41.3% |
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 30 October 2026 via checked.be.