FAS (i)T.C.: 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.
FAS (i)T.C.
Largest movements
- Receivables within one year +€7,175
up €7,175 (+59.1%), from €12,143 to €19,318
of which Other amounts receivable: +€6,522
- Cash +€5,384
up €5,384 (+51.7%), from €10,412 to €15,796
mainly Depreciation (+€7,393) and Tax, wage and social debts (+€7,275)
- Deferred charges and accrued income -€632
no longer reported in 2025 (was €632)
- Tax, wage and social debts +€7,275
up €7,275 (+401%), from €1,816 to €9,090
- Profit (loss) carried forward +€3,768
no longer reported in 2025 (was -€3,768)
- Current portion of long-term debt +€3,000
new in 2025: €3,000
- Other debts -€2,127
no longer reported in 2025 (was €2,127)
- Accrued charges and deferred income -€650
no longer reported in 2025 (was €650)
- Gross operating margin +€12,899
up €12,899 (+200%), from €6,458 to €19,357
- Taxes +€3,105
up €3,105 (+1,006%), from €309 to €3,414
- Other operating charges -€882
down €882 (-47.3%), from €1,863 to €981
- Depreciation +€617
up €617 (+9.1%), from €6,776 to €7,393
- Financial charges -€522
down €522 (-40.4%), from €1,291 to €769
of which Financial charges: -€433
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 | €37,679 | €49,364 | +€11,686 | +31.0% |
| Fixed assets | 21/28 | €14,491 | €14,250 | -€241 | -1.7% |
| Tangible fixed assets | 22/27 | €14,491 | €14,250 | -€241 | -1.7% |
| Furniture and vehicles | 24 | €12,298 | €8,052 | -€4,246 | -34.5% |
| Other tangible fixed assets | 26 | €2,193 | €6,197 | +€4,005 | +183% |
| Current assets | 29/58 | €23,187 | €35,114 | +€11,927 | +51.4% |
| Amounts receivable within one year | 40/41 | €12,143 | €19,318 | +€7,175 | +59.1% |
| Trade receivables | 40 | €12,143 | €12,796 | +€653 | +5.4% |
| Other amounts receivable | 41 | - | €6,522 | +€6,522 | |
| Cash at bank and in hand | 54/58 | €10,412 | €15,796 | +€5,384 | +51.7% |
| Deferred charges and accrued income | 490/1 | €632 | - | -€632 | |
| Total equity and liabilities | 10/49 | €37,679 | €49,364 | +€11,686 | +31.0% |
| Equity | 10/15 | €32,432 | €36,200 | +€3,768 | +11.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €33,200 | €33,200 | = | 0.0% |
| Distributable reserves | 133 | €33,200 | €33,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,768 | - | +€3,768 | |
| Amounts payable | 17/49 | €5,247 | €13,164 | +€7,918 | +151% |
| Amounts payable within one year | 42/48 | €4,597 | €13,164 | +€8,568 | +186% |
| Current portion of amounts payable after more than one year | 42 | - | €3,000 | +€3,000 | |
| Trade debts | 44 | €654 | €1,074 | +€419 | +64.1% |
| Suppliers | 440/4 | €654 | €1,074 | +€419 | +64.1% |
| Taxes, remuneration and social security | 45 | €1,816 | €9,090 | +€7,275 | +401% |
| Taxes | 450/3 | €1,816 | €9,090 | +€7,275 | +401% |
| Other amounts payable | 47/48 | €2,127 | - | -€2,127 | |
| Accrued charges and deferred income | 492/3 | €650 | - | -€650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,776 | €7,393 | +€617 | +9.1% |
| Other operating charges | 640/8 | €1,863 | €981 | -€882 | -47.3% |
| Gross operating margin | 9900 | €6,458 | €19,357 | +€12,899 | +200% |
| Operating profit (loss) | 9901 | -€2,182 | €10,982 | +€13,164 | |
| Financial income | 75/76B | - | €115 | +€115 | |
| Recurring financial income | 75 | - | €115 | +€115 | |
| Financial charges | 65/66B | €1,291 | €769 | -€522 | -40.4% |
| Recurring financial charges | 65 | €1,203 | €769 | -€433 | -36.0% |
| Non-recurring financial charges | 66B | €89 | - | -€89 | |
| Profit (loss) for the period before taxes | 9903 | -€3,473 | €10,328 | +€13,801 | |
| Income taxes | 67/77 | €309 | €3,414 | +€3,105 | +1,006% |
| Profit (loss) for the period | 9904 | -€3,782 | €6,914 | +€10,696 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,782 | €6,914 | +€10,696 |
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.