FIETSEN LORET: 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 LORET
Largest movements
- Cash +€22,721
up €22,721 (+15.7%), from €145,044 to €167,765
mainly Receivables within one year (+€22,650) and Net result for the year (+€16,059)
- Receivables within one year -€22,650
down €22,650 (-75.6%), from €29,957 to €7,307
of which Trade receivables: -€12,373
- Reserves +€16,059
up €16,059 (+10.9%), from €146,811 to €162,870
- Trade debts -€7,580
down €7,580 (-99.6%), from €7,609 to €28
- Other debts -€6,661
no longer reported in 2025 (was €6,661)
- Tax, wage and social debts -€2,982
down €2,982 (-16.2%), from €18,361 to €15,379
- Gross operating margin -€22,380
down €22,380 (-42.9%), from €52,158 to €29,779
- Taxes -€5,385
down €5,385 (-37.3%), from €14,437 to €9,052
- Financial charges -€2,138
down €2,138 (-52.4%), from €4,081 to €1,943
- Other operating charges +€1,874
up €1,874 (+364%), from €515 to €2,389
- Financial income -€652
down €652 (-46.2%), from €1,411 to €759
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 | €182,146 | €181,182 | -€965 | -0.5% |
| Fixed assets | 21/28 | €6,273 | €5,178 | -€1,095 | -17.5% |
| Tangible fixed assets | 22/27 | €6,273 | €5,178 | -€1,095 | -17.5% |
| Land and buildings | 22 | €3,459 | €3,258 | -€201 | -5.8% |
| Furniture and vehicles | 24 | €2,814 | €1,920 | -€894 | -31.8% |
| Current assets | 29/58 | €175,873 | €176,003 | +€130 | +0.1% |
| Amounts receivable within one year | 40/41 | €29,957 | €7,307 | -€22,650 | -75.6% |
| Trade receivables | 40 | €18,286 | €5,912 | -€12,373 | -67.7% |
| Other amounts receivable | 41 | €11,671 | €1,394 | -€10,277 | -88.1% |
| Cash at bank and in hand | 54/58 | €145,044 | €167,765 | +€22,721 | +15.7% |
| Deferred charges and accrued income | 490/1 | €872 | €931 | +€59 | +6.8% |
| Total equity and liabilities | 10/49 | €182,146 | €181,182 | -€965 | -0.5% |
| Equity | 10/15 | €147,811 | €163,870 | +€16,059 | +10.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €146,811 | €162,870 | +€16,059 | +10.9% |
| Distributable reserves | 133 | €146,811 | €162,870 | +€16,059 | +10.9% |
| Amounts payable | 17/49 | €34,335 | €17,312 | -€17,023 | -49.6% |
| Amounts payable within one year | 42/48 | €32,630 | €15,408 | -€17,223 | -52.8% |
| Trade debts | 44 | €7,609 | €28 | -€7,580 | -99.6% |
| Suppliers | 440/4 | €7,609 | €28 | -€7,580 | -99.6% |
| Taxes, remuneration and social security | 45 | €18,361 | €15,379 | -€2,982 | -16.2% |
| Taxes | 450/3 | €18,361 | €15,379 | -€2,982 | -16.2% |
| Other amounts payable | 47/48 | €6,661 | - | -€6,661 | |
| Accrued charges and deferred income | 492/3 | €1,705 | €1,904 | +€199 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,073 | €1,095 | +€22 | +2.1% |
| Other operating charges | 640/8 | €515 | €2,389 | +€1,874 | +364% |
| Gross operating margin | 9900 | €52,158 | €29,779 | -€22,380 | -42.9% |
| Operating profit (loss) | 9901 | €50,571 | €26,295 | -€24,276 | -48.0% |
| Financial income | 75/76B | €1,411 | €759 | -€652 | -46.2% |
| Recurring financial income | 75 | €1,411 | €759 | -€652 | -46.2% |
| Financial charges | 65/66B | €4,081 | €1,943 | -€2,138 | -52.4% |
| Recurring financial charges | 65 | €4,081 | €1,943 | -€2,138 | -52.4% |
| Profit (loss) for the period before taxes | 9903 | €47,901 | €25,111 | -€22,790 | -47.6% |
| Income taxes | 67/77 | €14,437 | €9,052 | -€5,385 | -37.3% |
| Profit (loss) for the period | 9904 | €33,464 | €16,059 | -€17,405 | -52.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,464 | €16,059 | -€17,405 | -52.0% |
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 22 October 2026 via checked.be.