FIETSEN FRANSSENS: what changed
What changed
FIETSEN FRANSSENS
NACE 47.632, Retail sale of bicycles
filed annual accounts (NBB)
Net result for the year
€92,380
2024 · €126,008-€33,627
Equity
€129,264
2024 · €536,884-€407,620
Cash
€52,846
2024 · €54,649-€1,803
Balance sheet total
€731,850
2024 · €912,429-€180,579
Largest movements
Assets
- Stocks and contracts -€142,967
down €142,967 (-19.8%), from €722,512 to €579,546
- Current investments -€55,727
down €55,727 (-82.9%), from €67,216 to €11,489
- Deferred charges and accrued income +€17,425
up €17,425 (+670%), from €2,600 to €20,025
Equity and liabilities
- Profit (loss) carried forward -€407,620
down €407,620 (-81.9%), from €497,674 to €90,054
- Other debts +€325,257
up €325,257 (+322%), from €101,027 to €426,284
- Debts after one year -€150,833
down €150,833 (-87.9%), from €171,500 to €20,668
- Tax, wage and social debts +€41,812
up €41,812 (+75.3%), from €55,546 to €97,358
of which Taxes: +€38,177
Income statement
- Gross operating margin -€61,174
down €61,174 (-18.4%), from €332,054 to €270,880
- Taxes -€10,861
down €10,861 (-28.3%), from €38,368 to €27,507
- Staff costs -€10,371
down €10,371 (-7.6%), from €136,110 to €125,739
- Financial charges -€5,583
down €5,583 (-43.4%), from €12,855 to €7,272
- Financial income +€4,128
up €4,128 (+234%), from €1,767 to €5,895
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€126,008
Gross operating margin
-€61,174
Staff costs
+€10,371
Depreciation
-€2,741
Other operating charges
-€656
Financial income
+€4,128
Financial charges
+€5,583
Taxes
+€10,861
Result 2025
€92,380
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€605,942
Investment
+€39,740
Financing
-€647,485
Cash 2024
€54,649
From operations (derived)
+€605,942
Net result for the year
+€92,380
Depreciation
+€19,486
Stocks and contracts
+€142,967
Receivables within one year
-€5,992
Deferred charges and accrued income
-€17,425
Trade debts
+€7,243
Tax, wage and social debts
+€41,812
Other debts
+€325,257
Accrued charges and deferred income
+€213
Investment (derived)
+€39,740
Investment in fixed assets (net)
-€15,987
Current investments
+€55,727
Financing
-€647,485
Debts after one year
-€150,833
Current portion of long-term debt
+€3,347
Contributions, distributions and other
-€500,000
Cash 2025
€52,846
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €912,429 | €731,850 | -€180,579 | -19.8% |
| Fixed assets | 21/28 | €56,723 | €53,224 | -€3,499 | -6.2% |
| Tangible fixed assets | 22/27 | €56,723 | €53,224 | -€3,499 | -6.2% |
| Land and buildings | 22 | €34,263 | €31,536 | -€2,727 | -8.0% |
| Plant, machinery and equipment | 23 | €10,385 | €9,344 | -€1,041 | -10.0% |
| Furniture and vehicles | 24 | €12,076 | €12,345 | +€269 | +2.2% |
| Current assets | 29/58 | €855,706 | €678,626 | -€177,080 | -20.7% |
| Stocks and contracts in progress | 3 | €722,512 | €579,546 | -€142,967 | -19.8% |
| Stocks | 30/36 | €722,512 | €579,546 | -€142,967 | -19.8% |
| Amounts receivable within one year | 40/41 | €8,729 | €14,720 | +€5,992 | +68.6% |
| Trade receivables | 40 | €4,118 | €4,591 | +€473 | +11.5% |
| Other amounts receivable | 41 | €4,611 | €10,130 | +€5,519 | +120% |
| Current investments | 50/53 | €67,216 | €11,489 | -€55,727 | -82.9% |
| Cash at bank and in hand | 54/58 | €54,649 | €52,846 | -€1,803 | -3.3% |
| Deferred charges and accrued income | 490/1 | €2,600 | €20,025 | +€17,425 | +670% |
| Total equity and liabilities | 10/49 | €912,429 | €731,850 | -€180,579 | -19.8% |
| Equity | 10/15 | €536,884 | €129,264 | -€407,620 | -75.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,610 | €20,610 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €497,674 | €90,054 | -€407,620 | -81.9% |
| Amounts payable | 17/49 | €375,545 | €602,585 | +€227,041 | +60.5% |
| Amounts payable after more than one year | 17 | €171,500 | €20,668 | -€150,833 | -87.9% |
| Financial debts | 170/4 | €171,500 | €20,668 | -€150,833 | -87.9% |
| Amounts payable within one year | 42/48 | €203,711 | €581,371 | +€377,660 | +185% |
| Current portion of amounts payable after more than one year | 42 | €30,564 | €33,912 | +€3,347 | +11.0% |
| Trade debts | 44 | €16,574 | €23,817 | +€7,243 | +43.7% |
| Suppliers | 440/4 | €16,574 | €23,817 | +€7,243 | +43.7% |
| Taxes, remuneration and social security | 45 | €55,546 | €97,358 | +€41,812 | +75.3% |
| Taxes | 450/3 | €36,868 | €75,046 | +€38,177 | +104% |
| Remuneration and social security | 454/9 | €18,678 | €22,313 | +€3,635 | +19.5% |
| Other amounts payable | 47/48 | €101,027 | €426,284 | +€325,257 | +322% |
| Accrued charges and deferred income | 492/3 | €334 | €547 | +€213 | +64.0% |
| Non-recurring operating income | 76A | - | €6,612 | +€6,612 | |
| Remuneration, social security and pensions | 62 | €136,110 | €125,739 | -€10,371 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,745 | €19,486 | +€2,741 | +16.4% |
| Other operating charges | 640/8 | €3,734 | €4,391 | +€656 | +17.6% |
| Gross operating margin | 9900 | €332,054 | €270,880 | -€61,174 | -18.4% |
| Operating profit (loss) | 9901 | €175,465 | €121,265 | -€54,200 | -30.9% |
| Financial income | 75/76B | €1,767 | €5,895 | +€4,128 | +234% |
| Recurring financial income | 75 | €1,767 | €5,895 | +€4,128 | +234% |
| Financial charges | 65/66B | €12,855 | €7,272 | -€5,583 | -43.4% |
| Recurring financial charges | 65 | €12,855 | €7,272 | -€5,583 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | €164,376 | €119,888 | -€44,489 | -27.1% |
| Income taxes | 67/77 | €38,368 | €27,507 | -€10,861 | -28.3% |
| Profit (loss) for the period | 9904 | €126,008 | €92,380 | -€33,627 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €126,008 | €92,380 | -€33,627 | -26.7% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.