Fietsen Haverbeke: what changed
What changed
Fietsen Haverbeke
NACE 47.632, Retail sale of bicycles
filed annual accounts (NBB)
Net result for the year
-€42,561
2024 · €99,345-€141,907
Equity
€444,648
2024 · €487,210-€42,561
Cash
€108,090
2024 · €108,864-€773
Balance sheet total
€2.0m
2024 · €2.0m-€480
Largest movements
Assets
- Receivables within one year +€26,942
up €26,942 (+56.6%), from €47,572 to €74,515
of which Other amounts receivable: +€43,062
- Stocks and contracts -€19,837
down €19,837 (-3.0%), from €658,750 to €638,913
Equity and liabilities
- Trade debts +€39,632
up €39,632 (+92.0%), from €43,066 to €82,698
- Reserves -€39,561
down €39,561 (-8.7%), from €454,210 to €414,648
Income statement
- Gross operating margin -€151,715
down €151,715 (-40.3%), from €376,518 to €224,803
- Taxes -€41,649
down €41,649 (-99.7%), from €41,781 to €132
- Staff costs +€34,801
up €34,801 (+36.2%), from €96,083 to €130,884
- Financial charges -€4,756
down €4,756 (-11.7%), from €40,572 to €35,816
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
€99,345
Gross operating margin
-€151,715
Staff costs
-€34,801
Depreciation
-€912
Other operating charges
-€740
Financial income
-€143
Financial charges
+€4,756
Taxes
+€41,649
Result 2025
-€42,561
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
+€81,328
Investment
-€85,847
Financing
+€3,745
Cash 2024
€108,864
From operations (derived)
+€81,328
Net result for the year
-€42,561
Depreciation
+€92,505
Stocks and contracts
+€19,837
Receivables within one year
-€26,942
Smaller working-capital items
+€204
Trade debts
+€39,632
Tax, wage and social debts
-€6,778
Other debts
+€6,741
Accrued charges and deferred income
-€1,309
Investment (derived)
-€85,847
Investment in fixed assets (net)
-€85,847
Financing
+€3,745
Debts after one year
-€856
Current portion of long-term debt
+€4,602
Cash 2025
€108,090
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,975,196 | €1,974,716 | -€480 | 0.0% |
| Fixed assets | 21/28 | €1,153,752 | €1,147,095 | -€6,658 | -0.6% |
| Tangible fixed assets | 22/27 | €1,151,682 | €1,143,957 | -€7,726 | -0.7% |
| Land and buildings | 22 | €1,136,214 | €1,135,604 | -€610 | -0.1% |
| Plant, machinery and equipment | 23 | €4,579 | €1,957 | -€2,622 | -57.3% |
| Furniture and vehicles | 24 | €10,889 | €6,396 | -€4,493 | -41.3% |
| Financial fixed assets | 28 | €2,070 | €3,138 | +€1,068 | +51.6% |
| Current assets | 29/58 | €821,444 | €827,622 | +€6,178 | +0.8% |
| Stocks and contracts in progress | 3 | €658,750 | €638,913 | -€19,837 | -3.0% |
| Stocks | 30/36 | €658,750 | €638,913 | -€19,837 | -3.0% |
| Amounts receivable within one year | 40/41 | €47,572 | €74,515 | +€26,942 | +56.6% |
| Trade receivables | 40 | €47,042 | €30,922 | -€16,120 | -34.3% |
| Other amounts receivable | 41 | €530 | €43,592 | +€43,062 | +8,125% |
| Cash at bank and in hand | 54/58 | €108,864 | €108,090 | -€773 | -0.7% |
| Deferred charges and accrued income | 490/1 | €6,258 | €6,103 | -€154 | -2.5% |
| Total equity and liabilities | 10/49 | €1,975,196 | €1,974,716 | -€480 | 0.0% |
| Equity | 10/15 | €487,210 | €444,648 | -€42,561 | -8.7% |
| Contributions | 10/11 | €33,000 | €30,000 | -€3,000 | -9.1% |
| Reserves | 13 | €454,210 | €414,648 | -€39,561 | -8.7% |
| Distributable reserves | 133 | €454,210 | €414,648 | -€39,561 | -8.7% |
| Amounts payable | 17/49 | €1,487,986 | €1,530,068 | +€42,082 | +2.8% |
| Amounts payable after more than one year | 17 | €1,141,910 | €1,141,053 | -€856 | -0.1% |
| Financial debts | 170/4 | €1,141,910 | €1,141,053 | -€856 | -0.1% |
| Amounts payable within one year | 42/48 | €339,960 | €384,206 | +€44,247 | +13.0% |
| Current portion of amounts payable after more than one year | 42 | €68,369 | €72,971 | +€4,602 | +6.7% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €43,066 | €82,698 | +€39,632 | +92.0% |
| Suppliers | 440/4 | €43,066 | €82,698 | +€39,632 | +92.0% |
| Advances received on contracts in progress | 46 | €1,154 | €1,204 | +€50 | +4.3% |
| Taxes, remuneration and social security | 45 | €30,709 | €23,931 | -€6,778 | -22.1% |
| Taxes | 450/3 | €21,461 | €10,591 | -€10,871 | -50.7% |
| Remuneration and social security | 454/9 | €9,247 | €13,340 | +€4,092 | +44.3% |
| Other amounts payable | 47/48 | €96,663 | €103,403 | +€6,741 | +7.0% |
| Accrued charges and deferred income | 492/3 | €6,117 | €4,808 | -€1,309 | -21.4% |
| Non-recurring operating income | 76A | €68 | - | -€68 | |
| Remuneration, social security and pensions | 62 | €96,083 | €130,884 | +€34,801 | +36.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,592 | €92,505 | +€912 | +1.0% |
| Other operating charges | 640/8 | €16,150 | €16,891 | +€740 | +4.6% |
| Gross operating margin | 9900 | €376,518 | €224,803 | -€151,715 | -40.3% |
| Operating profit (loss) | 9901 | €172,692 | -€15,477 | -€188,169 | |
| Financial income | 75/76B | €9,006 | €8,863 | -€143 | -1.6% |
| Recurring financial income | 75 | €9,006 | €8,863 | -€143 | -1.6% |
| Financial charges | 65/66B | €40,572 | €35,816 | -€4,756 | -11.7% |
| Recurring financial charges | 65 | €40,572 | €35,816 | -€4,756 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €141,126 | -€42,429 | -€183,556 | |
| Income taxes | 67/77 | €41,781 | €132 | -€41,649 | -99.7% |
| Profit (loss) for the period | 9904 | €99,345 | -€42,561 | -€141,907 | |
| Profit (loss) for the period to be appropriated | 9905 | €99,345 | -€42,561 | -€141,907 |
Next steps
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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.