Skip to content

2 FAST 4 U: what changed

Two fiscal 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

2 FAST 4 U

BE 0720.578.752
NACE 68.122, Development of non-residential building projects
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€20,471
2023 · -€14,727-€5,745
Equity
€2,457
2023 · €22,828-€20,371
Cash
€4,098
2023 · €9,536-€5,438
Balance sheet total
€54,421
2023 · €55,806-€1,385

Largest movements

2023 to 2024
Assets
  • Cash -€5,438

    down €5,438 (-57.0%), from €9,536 to €4,098

    mainly Net result for the year (-€20,471) and Stocks and contracts (-€3,689)

  • Stocks and contracts +€3,689

    new in 2024: €3,689

  • Receivables within one year +€728

    up €728 (+1.6%), from €45,732 to €46,460

    of which Other amounts receivable: +€10,239

Equity and liabilities
  • Trade debts +€23,820

    up €23,820 (+139.7%), from €17,056 to €40,876

  • Profit (loss) carried forward -€20,471

    down €20,471, from €4,328 to -€16,143

  • Current portion of long-term debt -€3,000

    no longer reported in 2024 (was €3,000)

  • Other debts -€1,834

    down €1,834 (-14.2%), from €12,922 to €11,088

Income statement
  • Gross operating margin -€5,712

    down €5,712 (-43.8%), from -€13,029 to -€18,741

  • Financial charges +€897

    up €897 (+681.2%), from €132 to €1,029

  • Financial income +€345

    new in 2024: €345

  • Other operating charges -€343

    down €343 (-36.3%), from €944 to €602

From the 2023 result to the 2024 result

effect on the 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 2023 -€14,727
Gross operating margin -€5,712
Other operating charges +€343
Financial income +€345
Financial charges -€897
Taxes +€176
Result 2024 -€20,471

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€2,538
Investment €0
Financing -€2,900
Cash 2023 €9,536
Net result for the year -€20,471
Depreciation +€446
Stocks and contracts -€3,689
Receivables within one year -€728
Deferred charges and accrued income -€82
Trade debts +€23,820
Other debts -€1,834
Current portion of long-term debt -€3,000
Contributions, distributions and other +€100
Cash 2024 €4,098
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €55,806 €54,421 -€1,385 -2.5%
Fixed assets 21/28 €538 €93 -€446 -82.8%
Tangible fixed assets 22/27 €538 €93 -€446 -82.8%
Plant, machinery and equipment 23 €538 €93 -€446 -82.8%
Financial fixed assets 28 €0 - =
Current assets 29/58 €55,267 €54,328 -€940 -1.7%
Stocks and contracts in progress 3 - €3,689 +€3,689
Stocks 30/36 - €3,689 +€3,689
Amounts receivable within one year 40/41 €45,732 €46,460 +€728 +1.6%
Trade receivables 40 €44,140 €34,629 -€9,511 -21.5%
Other amounts receivable 41 €1,591 €11,831 +€10,239 +643.4%
Cash at bank and in hand 54/58 €9,536 €4,098 -€5,438 -57.0%
Deferred charges and accrued income 490/1 - €82 +€82
Total equity and liabilities 10/49 €55,806 €54,421 -€1,385 -2.5%
Equity 10/15 €22,828 €2,457 -€20,371 -89.2%
Contributions 10/11 €18,500 €18,600 +€100 +0.5%
Profit (loss) carried forward 14 €4,328 -€16,143 -€20,471
Amounts payable 17/49 €32,978 €51,964 +€18,986 +57.6%
Amounts payable within one year 42/48 €32,978 €51,964 +€18,986 +57.6%
Current portion of amounts payable after more than one year 42 €3,000 - -€3,000
Trade debts 44 €17,056 €40,876 +€23,820 +139.7%
Suppliers 440/4 €17,056 €40,876 +€23,820 +139.7%
Other amounts payable 47/48 €12,922 €11,088 -€1,834 -14.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €446 €446 = 0.0%
Other operating charges 640/8 €944 €602 -€343 -36.3%
Gross operating margin 9900 -€13,029 -€18,741 -€5,712 -43.8%
Operating profit (loss) 9901 -€14,419 -€19,788 -€5,369 -37.2%
Financial income 75/76B - €345 +€345
Recurring financial income 75 - €345 +€345
Financial charges 65/66B €132 €1,029 +€897 +681.2%
Recurring financial charges 65 €132 €1,029 +€897 +681.2%
Profit (loss) for the period before taxes 9903 -€14,550 -€20,471 -€5,921 -40.7%
Income taxes 67/77 €176 - -€176
Profit (loss) for the period 9904 -€14,727 -€20,471 -€5,745 -39.0%
Profit (loss) for the period to be appropriated 9905 -€14,727 -€20,471 -€5,745 -39.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.