Fietsen Jacobs: 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.
What changed
Fietsen Jacobs
NACE 47.632, Retail sale of bicycles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€230,848
2024 · €207,687+€23,160
Equity
€894,583
2024 · €676,099+€218,484
Cash
€370,239
2024 · €304,393+€65,846
Balance sheet total
€2.2m
2024 · €2.0m+€162,098
Largest movements
Assets
- Tangible fixed assets +€131,689
up €131,689 (+19.9%), from €660,964 to €792,653
- Cash +€65,846
up €65,846 (+21.6%), from €304,393 to €370,239
mainly Net result for the year (+€230,848) and Depreciation (+€95,686)
- Stocks and contracts -€43,683
down €43,683 (-4.8%), from €909,536 to €865,853
Equity and liabilities
- Reserves +€218,484
up €218,484 (+33.3%), from €656,099 to €874,583
- Other debts -€42,485
down €42,485 (-59.2%), from €71,798 to €29,313
- Debts after one year -€41,093
down €41,093 (-4.2%), from €967,184 to €926,091
Income statement
- Gross operating margin +€76,985
up €76,985 (+12.3%), from €627,240 to €704,225
- Depreciation +€35,601
up €35,601 (+59.3%), from €60,084 to €95,686
- Staff costs +€15,571
up €15,571 (+5.9%), from €264,902 to €280,472
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.
Result 2024
€207,687
Gross operating margin
+€76,985
Staff costs
-€15,571
Depreciation
-€35,601
Write-downs
+€2,956
Other operating charges
+€1,334
Financial income
+€1,961
Financial charges
-€2,154
Taxes
-€6,749
Result 2025
€230,848
raises the resultlowers the result
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.
From operations
+€331,369
Investment
-€225,565
Financing
-€39,958
Cash 2024
€304,393
From operations (derived)
+€331,369
Net result for the year
+€230,848
Depreciation
+€95,686
Stocks and contracts
+€43,683
Receivables within one year
-€12,052
Deferred charges and accrued income
+€1,995
Trade debts
+€3,436
Tax, wage and social debts
+€12,494
Advances received
+€1,037
Other debts
-€42,485
Accrued charges and deferred income
-€3,272
Investment (derived)
-€225,565
Investment in fixed assets (net)
-€225,565
Financing
-€39,958
Debts after one year
-€41,093
Current portion of long-term debt
+€13,498
Contributions, distributions and other
-€12,364
Cash 2025
€370,239
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,999,112 | €2,161,210 | +€162,098 | +8.1% |
| Fixed assets | 21/28 | €669,965 | €799,844 | +€129,879 | +19.4% |
| Intangible fixed assets | 21 | €4,944 | €2,974 | -€1,970 | -39.8% |
| Tangible fixed assets | 22/27 | €660,964 | €792,653 | +€131,689 | +19.9% |
| Land and buildings | 22 | €587,495 | €642,927 | +€55,432 | +9.4% |
| Plant, machinery and equipment | 23 | €22,906 | €56,127 | +€33,221 | +145% |
| Furniture and vehicles | 24 | €49,957 | €89,923 | +€39,965 | +80.0% |
| Other tangible fixed assets | 26 | €606 | €3,677 | +€3,071 | +507% |
| Financial fixed assets | 28 | €4,057 | €4,217 | +€160 | +3.9% |
| Current assets | 29/58 | €1,329,147 | €1,361,367 | +€32,219 | +2.4% |
| Stocks and contracts in progress | 3 | €909,536 | €865,853 | -€43,683 | -4.8% |
| Stocks | 30/36 | €909,536 | €865,853 | -€43,683 | -4.8% |
| Amounts receivable within one year | 40/41 | €102,545 | €114,597 | +€12,052 | +11.8% |
| Trade receivables | 40 | €86,385 | €109,336 | +€22,951 | +26.6% |
| Other amounts receivable | 41 | €16,160 | €5,260 | -€10,900 | -67.4% |
| Cash at bank and in hand | 54/58 | €304,393 | €370,239 | +€65,846 | +21.6% |
| Deferred charges and accrued income | 490/1 | €12,674 | €10,678 | -€1,995 | -15.7% |
| Total equity and liabilities | 10/49 | €1,999,112 | €2,161,210 | +€162,098 | +8.1% |
| Equity | 10/15 | €676,099 | €894,583 | +€218,484 | +32.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €656,099 | €874,583 | +€218,484 | +33.3% |
| Distributable reserves | 133 | €656,099 | €874,583 | +€218,484 | +33.3% |
| Amounts payable | 17/49 | €1,323,013 | €1,266,627 | -€56,386 | -4.3% |
| Amounts payable after more than one year | 17 | €967,184 | €926,091 | -€41,093 | -4.2% |
| Financial debts | 170/4 | €967,184 | €926,091 | -€41,093 | -4.2% |
| Amounts payable within one year | 42/48 | €345,073 | €333,052 | -€12,021 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €85,629 | €99,127 | +€13,498 | +15.8% |
| Trade debts | 44 | €85,548 | €88,983 | +€3,436 | +4.0% |
| Suppliers | 440/4 | €85,548 | €88,983 | +€3,436 | +4.0% |
| Advances received on contracts in progress | 46 | €2,440 | €3,477 | +€1,037 | +42.5% |
| Taxes, remuneration and social security | 45 | €99,658 | €112,151 | +€12,494 | +12.5% |
| Taxes | 450/3 | €68,892 | €81,154 | +€12,262 | +17.8% |
| Remuneration and social security | 454/9 | €30,766 | €30,998 | +€231 | +0.8% |
| Other amounts payable | 47/48 | €71,798 | €29,313 | -€42,485 | -59.2% |
| Accrued charges and deferred income | 492/3 | €10,757 | €7,485 | -€3,272 | -30.4% |
| Remuneration, social security and pensions | 62 | €264,902 | €280,472 | +€15,571 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,084 | €95,686 | +€35,601 | +59.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,700 | €3,744 | -€2,956 | -44.1% |
| Other operating charges | 640/8 | €6,578 | €5,244 | -€1,334 | -20.3% |
| Gross operating margin | 9900 | €627,240 | €704,225 | +€76,985 | +12.3% |
| Operating profit (loss) | 9901 | €288,976 | €319,079 | +€30,103 | +10.4% |
| Financial income | 75/76B | €11,277 | €13,238 | +€1,961 | +17.4% |
| Recurring financial income | 75 | €11,277 | €13,238 | +€1,961 | +17.4% |
| Financial charges | 65/66B | €27,324 | €29,478 | +€2,154 | +7.9% |
| Recurring financial charges | 65 | €27,324 | €29,478 | +€2,154 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €272,930 | €302,839 | +€29,909 | +11.0% |
| Income taxes | 67/77 | €65,242 | €71,991 | +€6,749 | +10.3% |
| Profit (loss) for the period | 9904 | €207,687 | €230,848 | +€23,160 | +11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €207,687 | €230,848 | +€23,160 | +11.2% |
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 17 October 2026 via checked.be.