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Faast: 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

Faast

BE 1001.021.588
NACE 62.100, Computer programming
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€25,434
2024 · €32,204-€57,638
Equity
€31,519
2024 · €56,954-€25,434
Cash
€7,226
2024 · €59,863-€52,637
Balance sheet total
€41,043
2024 · €102,931-€61,888

Largest movements

2024 to 2025
Assets
  • Cash -€52,637

    down €52,637 (-87.9%), from €59,863 to €7,226

    mainly Trade debts (-€38,228) and Net result for the year (-€25,434)

  • Intangible fixed assets -€4,611

    down €4,611 (-25.0%), from €18,445 to €13,834

  • Tangible fixed assets -€2,386

    down €2,386 (-11.2%), from €21,341 to €18,955

    of which Plant, machinery and equipment: -€4,741

  • Receivables within one year -€2,254

    down €2,254 (-68.7%), from €3,282 to €1,028

Equity and liabilities
  • Trade debts -€38,228

    down €38,228 (-87.4%), from €43,727 to €5,499

  • Profit (loss) carried forward -€25,434

    new in 2025: -€25,434

  • Other debts +€1,774

    up €1,774 (+78.8%), from €2,250 to €4,024

Income statement
  • Gross operating margin -€57,000

    down €57,000, from €42,513 to -€14,487

  • Depreciation +€737

    up €737 (+7.4%), from €9,947 to €10,684

From the 2024 result to the 2025 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 2024 €32,204
Gross operating margin -€57,000
Depreciation -€737
Other operating charges +€100
Financial income -€0
Financial charges -€0
Result 2025 -€25,434

Cash bridge derived

cash 2024 to 2025

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 -€48,951
Investment -€3,686
Financing €0
Cash 2024 €59,863
Net result for the year -€25,434
Depreciation +€10,684
Receivables within one year +€2,254
Trade debts -€38,228
Other debts +€1,774
Investment in fixed assets (net) -€3,686
Cash 2025 €7,226
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €102,931 €41,043 -€61,888 -60.1%
Fixed assets 21/28 €39,786 €32,789 -€6,997 -17.6%
Intangible fixed assets 21 €18,445 €13,834 -€4,611 -25.0%
Tangible fixed assets 22/27 €21,341 €18,955 -€2,386 -11.2%
Plant, machinery and equipment 23 €18,963 €14,222 -€4,741 -25.0%
Furniture and vehicles 24 €2,378 €4,733 +€2,355 +99.0%
Current assets 29/58 €63,145 €8,254 -€54,891 -86.9%
Amounts receivable within one year 40/41 €3,282 €1,028 -€2,254 -68.7%
Other amounts receivable 41 €3,282 €1,028 -€2,254 -68.7%
Cash at bank and in hand 54/58 €59,863 €7,226 -€52,637 -87.9%
Total equity and liabilities 10/49 €102,931 €41,043 -€61,888 -60.1%
Equity 10/15 €56,954 €31,519 -€25,434 -44.7%
Contributions 10/11 €24,750 €24,750 = 0.0%
Reserves 13 €32,204 €32,204 = 0.0%
Distributable reserves 133 €32,204 €32,204 = 0.0%
Profit (loss) carried forward 14 - -€25,434 -€25,434
Amounts payable 17/49 €45,977 €9,524 -€36,454 -79.3%
Amounts payable within one year 42/48 €45,977 €9,524 -€36,454 -79.3%
Trade debts 44 €43,727 €5,499 -€38,228 -87.4%
Suppliers 440/4 €43,727 €5,499 -€38,228 -87.4%
Other amounts payable 47/48 €2,250 €4,024 +€1,774 +78.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €9,947 €10,684 +€737 +7.4%
Other operating charges 640/8 €286 €186 -€100 -35.0%
Gross operating margin 9900 €42,513 -€14,487 -€57,000
Operating profit (loss) 9901 €32,281 -€25,357 -€57,638
Financial income 75/76B €0 - -€0
Recurring financial income 75 €0 - -€0
Financial charges 65/66B €77 €78 +€0 +0.6%
Recurring financial charges 65 €77 €78 +€0 +0.6%
Profit (loss) for the period before taxes 9903 €32,204 -€25,434 -€57,638
Profit (loss) for the period 9904 €32,204 -€25,434 -€57,638
Profit (loss) for the period to be appropriated 9905 €32,204 -€25,434 -€57,638

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.