Fietsen Vandeputte: 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 Vandeputte
Largest movements
- Stocks and contracts +€60,169
up €60,169 (+12.7%), from €472,911 to €533,080
- Cash +€20,356
up €20,356 (+42.0%), from €48,503 to €68,858
mainly Current portion of long-term debt (+€49,846) and Net result for the year (+€20,472)
- Current portion of long-term debt +€49,846
up €49,846 (+23.9%), from €208,951 to €258,797
- Profit (loss) carried forward +€20,472
up €20,472 (+9.4%), from €218,020 to €238,492
- Tax, wage and social debts -€18,540
down €18,540 (-27.8%), from €66,763 to €48,223
- Debts after one year +€17,487
up €17,487 (+571%), from €3,065 to €20,552
- Gross operating margin -€37,178
down €37,178 (-41.2%), from €90,191 to €53,013
- Write-downs -€25,000
no longer reported in 2025 (was €25,000)
- Taxes -€11,651
down €11,651 (-52.1%), from €22,362 to €10,710
- Financial charges -€1,322
down €1,322 (-9.8%), from €13,429 to €12,107
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 | €797,732 | €870,448 | +€72,716 | +9.1% |
| Fixed assets | 21/28 | €34,272 | €33,095 | -€1,177 | -3.4% |
| Tangible fixed assets | 22/27 | €34,247 | €33,070 | -€1,177 | -3.4% |
| Land and buildings | 22 | €24,841 | €22,205 | -€2,636 | -10.6% |
| Furniture and vehicles | 24 | €5,619 | €1,233 | -€4,386 | -78.1% |
| Leasing and similar rights | 25 | €9 | €2 | -€8 | -80.0% |
| Other tangible fixed assets | 26 | €3,777 | €9,630 | +€5,852 | +155% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €763,460 | €837,353 | +€73,893 | +9.7% |
| Stocks and contracts in progress | 3 | €472,911 | €533,080 | +€60,169 | +12.7% |
| Stocks | 30/36 | €472,911 | €533,080 | +€60,169 | +12.7% |
| Amounts receivable within one year | 40/41 | €240,289 | €234,506 | -€5,784 | -2.4% |
| Trade receivables | 40 | €235,660 | €222,309 | -€13,351 | -5.7% |
| Other amounts receivable | 41 | €4,629 | €12,197 | +€7,568 | +163% |
| Cash at bank and in hand | 54/58 | €48,503 | €68,858 | +€20,356 | +42.0% |
| Deferred charges and accrued income | 490/1 | €1,757 | €909 | -€848 | -48.2% |
| Total equity and liabilities | 10/49 | €797,732 | €870,448 | +€72,716 | +9.1% |
| Equity | 10/15 | €240,020 | €260,492 | +€20,472 | +8.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €218,020 | €238,492 | +€20,472 | +9.4% |
| Amounts payable | 17/49 | €557,712 | €609,956 | +€52,244 | +9.4% |
| Amounts payable after more than one year | 17 | €3,065 | €20,552 | +€17,487 | +571% |
| Financial debts | 170/4 | €3,065 | €20,552 | +€17,487 | +571% |
| Amounts payable within one year | 42/48 | €554,647 | €589,404 | +€34,757 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €208,951 | €258,797 | +€49,846 | +23.9% |
| Trade debts | 44 | €278,933 | €282,384 | +€3,451 | +1.2% |
| Suppliers | 440/4 | €278,933 | €282,384 | +€3,451 | +1.2% |
| Taxes, remuneration and social security | 45 | €66,763 | €48,223 | -€18,540 | -27.8% |
| Taxes | 450/3 | €66,763 | €48,223 | -€18,540 | -27.8% |
| Non-recurring operating income | 76A | - | €789 | +€789 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,682 | €9,314 | -€368 | -3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €25,000 | - | -€25,000 | |
| Other operating charges | 640/8 | €3,603 | €3,829 | +€226 | +6.3% |
| Gross operating margin | 9900 | €90,191 | €53,013 | -€37,178 | -41.2% |
| Operating profit (loss) | 9901 | €51,906 | €39,870 | -€12,037 | -23.2% |
| Financial income | 75/76B | €3,608 | €3,419 | -€188 | -5.2% |
| Recurring financial income | 75 | €3,608 | €3,419 | -€188 | -5.2% |
| Financial charges | 65/66B | €13,429 | €12,107 | -€1,322 | -9.8% |
| Recurring financial charges | 65 | €13,429 | €12,107 | -€1,322 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €42,085 | €31,182 | -€10,903 | -25.9% |
| Income taxes | 67/77 | €22,362 | €10,710 | -€11,651 | -52.1% |
| Profit (loss) for the period | 9904 | €19,723 | €20,472 | +€749 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,723 | €20,472 | +€749 | +3.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.