FIETSEN BREMS: 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 BREMS
Largest movements
- Cash +€50,495
up €50,495 (+79.5%), from €63,542 to €114,037
mainly Net result for the year (+€51,491) and Other debts (+€42,447)
- Stocks and contracts -€26,942
down €26,942 (-22.1%), from €122,174 to €95,232
- Receivables within one year +€21,034
up €21,034 (+357%), from €5,888 to €26,923
of which Trade receivables: +€17,587
- Tangible fixed assets +€17,767
up €17,767 (+1,139%), from €1,560 to €19,327
of which Furniture and vehicles: +€16,264
- Other debts +€42,447
up €42,447 (+36.9%), from €114,888 to €157,336
- Reserves -€16,381
no longer reported in 2025 (was €16,381)
- Debts after one year +€12,987
new in 2025: €12,987
- Trade debts +€9,988
up €9,988 (+105%), from €9,516 to €19,503
- Tax, wage and social debts +€9,459
up €9,459 (+50.4%), from €18,780 to €28,238
of which Taxes: +€6,704
- Gross operating margin +€55,352
up €55,352 (+98.3%), from €56,331 to €111,683
- Taxes +€12,409
up €12,409 (+277%), from €4,473 to €16,882
- Staff costs +€3,629
up €3,629 (+11.3%), from €32,168 to €35,797
- Depreciation +€2,502
up €2,502 (+133%), from €1,875 to €4,377
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 | €193,165 | €255,519 | +€62,354 | +32.3% |
| Fixed assets | 21/28 | €1,560 | €19,327 | +€17,767 | +1,139% |
| Tangible fixed assets | 22/27 | €1,560 | €19,327 | +€17,767 | +1,139% |
| Plant, machinery and equipment | 23 | €1,537 | €3,051 | +€1,514 | +98.5% |
| Furniture and vehicles | 24 | - | €16,264 | +€16,264 | |
| Other tangible fixed assets | 26 | €23 | €12 | -€11 | -47.9% |
| Current assets | 29/58 | €191,605 | €236,192 | +€44,587 | +23.3% |
| Stocks and contracts in progress | 3 | €122,174 | €95,232 | -€26,942 | -22.1% |
| Stocks | 30/36 | €122,174 | €95,232 | -€26,942 | -22.1% |
| Amounts receivable within one year | 40/41 | €5,888 | €26,923 | +€21,034 | +357% |
| Trade receivables | 40 | €4,195 | €21,782 | +€17,587 | +419% |
| Other amounts receivable | 41 | €1,694 | €5,141 | +€3,447 | +204% |
| Cash at bank and in hand | 54/58 | €63,542 | €114,037 | +€50,495 | +79.5% |
| Total equity and liabilities | 10/49 | €193,165 | €255,519 | +€62,354 | +32.3% |
| Equity | 10/15 | €34,981 | €18,600 | -€16,381 | -46.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,381 | - | -€16,381 | |
| Distributable reserves | 133 | €16,381 | - | -€16,381 | |
| Amounts payable | 17/49 | €158,184 | €236,919 | +€78,735 | +49.8% |
| Amounts payable after more than one year | 17 | - | €12,987 | +€12,987 | |
| Financial debts | 170/4 | - | €12,987 | +€12,987 | |
| Amounts payable within one year | 42/48 | €158,184 | €223,752 | +€65,568 | +41.5% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €18,674 | +€3,674 | +24.5% |
| Trade debts | 44 | €9,516 | €19,503 | +€9,988 | +105% |
| Suppliers | 440/4 | €9,516 | €19,503 | +€9,988 | +105% |
| Taxes, remuneration and social security | 45 | €18,780 | €28,238 | +€9,459 | +50.4% |
| Taxes | 450/3 | €13,912 | €20,615 | +€6,704 | +48.2% |
| Remuneration and social security | 454/9 | €4,868 | €7,623 | +€2,755 | +56.6% |
| Other amounts payable | 47/48 | €114,888 | €157,336 | +€42,447 | +36.9% |
| Accrued charges and deferred income | 492/3 | - | €180 | +€180 | |
| Remuneration, social security and pensions | 62 | €32,168 | €35,797 | +€3,629 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,875 | €4,377 | +€2,502 | +133% |
| Other operating charges | 640/8 | €1,036 | €1,161 | +€125 | +12.0% |
| Gross operating margin | 9900 | €56,331 | €111,683 | +€55,352 | +98.3% |
| Operating profit (loss) | 9901 | €21,252 | €70,348 | +€49,096 | +231% |
| Financial income | 75/76B | €1,180 | €497 | -€683 | -57.9% |
| Recurring financial income | 75 | €1,180 | €497 | -€683 | -57.9% |
| Financial charges | 65/66B | €1,578 | €2,472 | +€894 | +56.6% |
| Recurring financial charges | 65 | €1,578 | €2,472 | +€894 | +56.6% |
| Profit (loss) for the period before taxes | 9903 | €20,854 | €68,373 | +€47,519 | +228% |
| Income taxes | 67/77 | €4,473 | €16,882 | +€12,409 | +277% |
| Profit (loss) for the period | 9904 | €16,381 | €51,491 | +€35,110 | +214% |
| Profit (loss) for the period to be appropriated | 9905 | €16,381 | €51,491 | +€35,110 | +214% |
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 19 October 2026 via checked.be.