Fast AF Group: 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.
Fast AF Group
Largest movements
- Tangible fixed assets +€571,187
up €571,187 (+1,590%), from €35,914 to €607,101
of which Land and buildings: +€513,684
- Receivables within one year +€453,147
up €453,147 (+302%), from €149,893 to €603,041
of which Trade receivables: +€437,053
- Cash +€199,491
up €199,491 (+288%), from €69,338 to €268,828
mainly Debts after one year (+€848,582) and Current portion of long-term debt (+€265,199)
- Debts after one year +€848,582
new in 2025: €848,582
- Current portion of long-term debt +€265,199
new in 2025: €265,199
- Profit (loss) carried forward +€146,052
up €146,052 (+75.8%), from €192,649 to €338,700
- Trade debts -€100,761
down €100,761 (-80.6%), from €125,008 to €24,247
- Tax, wage and social debts +€49,177
up €49,177 (+157%), from €31,328 to €80,505
of which Taxes: +€40,488
- Gross operating margin +€107,412
up €107,412 (+37.8%), from €284,480 to €391,892
- Other operating charges +€59,660
up €59,660 (+12,574%), from €474 to €60,134
- Depreciation +€48,641
up €48,641 (+286%), from €17,007 to €65,647
- Staff costs +€31,155
up €31,155 (+93.7%), from €33,242 to €64,397
- Taxes -€12,090
down €12,090 (-21.5%), from €56,135 to €44,045
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 | €353,637 | €1,575,778 | +€1.2m | +346% |
| Fixed assets | 21/28 | €133,888 | €697,499 | +€563,610 | +421% |
| Intangible fixed assets | 21 | €94,374 | €86,798 | -€7,576 | -8.0% |
| Tangible fixed assets | 22/27 | €35,914 | €607,101 | +€571,187 | +1,590% |
| Land and buildings | 22 | - | €513,684 | +€513,684 | |
| Furniture and vehicles | 24 | €31,055 | €48,182 | +€17,127 | +55.2% |
| Leasing and similar rights | 25 | - | €33,236 | +€33,236 | |
| Other tangible fixed assets | 26 | €4,859 | €11,999 | +€7,140 | +147% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €219,749 | €878,280 | +€658,531 | +300% |
| Amounts receivable within one year | 40/41 | €149,893 | €603,041 | +€453,147 | +302% |
| Trade receivables | 40 | €138,696 | €575,749 | +€437,053 | +315% |
| Other amounts receivable | 41 | €11,198 | €27,292 | +€16,094 | +144% |
| Cash at bank and in hand | 54/58 | €69,338 | €268,828 | +€199,491 | +288% |
| Deferred charges and accrued income | 490/1 | €518 | €6,410 | +€5,893 | +1,139% |
| Total equity and liabilities | 10/49 | €353,637 | €1,575,778 | +€1.2m | +346% |
| Equity | 10/15 | €194,149 | €340,200 | +€146,052 | +75.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €192,649 | €338,700 | +€146,052 | +75.8% |
| Amounts payable | 17/49 | €159,489 | €1,235,578 | +€1.1m | +675% |
| Amounts payable after more than one year | 17 | - | €848,582 | +€848,582 | |
| Financial debts | 170/4 | - | €848,582 | +€848,582 | |
| Amounts payable within one year | 42/48 | €159,489 | €384,891 | +€225,402 | +141% |
| Current portion of amounts payable after more than one year | 42 | - | €265,199 | +€265,199 | |
| Financial debts | 43 | - | €56 | +€56 | |
| Credit institutions | 430/8 | - | €56 | +€56 | |
| Trade debts | 44 | €125,008 | €24,247 | -€100,761 | -80.6% |
| Suppliers | 440/4 | €125,008 | €24,247 | -€100,761 | -80.6% |
| Taxes, remuneration and social security | 45 | €31,328 | €80,505 | +€49,177 | +157% |
| Taxes | 450/3 | €24,693 | €65,180 | +€40,488 | +164% |
| Remuneration and social security | 454/9 | €6,635 | €15,325 | +€8,690 | +131% |
| Other amounts payable | 47/48 | €3,153 | €14,884 | +€11,731 | +372% |
| Accrued charges and deferred income | 492/3 | - | €2,105 | +€2,105 | |
| Remuneration, social security and pensions | 62 | €33,242 | €64,397 | +€31,155 | +93.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,007 | €65,647 | +€48,641 | +286% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €730 | €0 | -€730 | -100% |
| Other operating charges | 640/8 | €474 | €60,134 | +€59,660 | +12,574% |
| Gross operating margin | 9900 | €284,480 | €391,892 | +€107,412 | +37.8% |
| Operating profit (loss) | 9901 | €233,027 | €201,713 | -€31,313 | -13.4% |
| Financial income | 75/76B | €311 | €819 | +€509 | +164% |
| Recurring financial income | 75 | €311 | €819 | +€509 | +164% |
| Financial charges | 65/66B | €5,507 | €12,436 | +€6,929 | +126% |
| Recurring financial charges | 65 | €5,507 | €12,436 | +€6,929 | +126% |
| Profit (loss) for the period before taxes | 9903 | €227,831 | €190,097 | -€37,734 | -16.6% |
| Income taxes | 67/77 | €56,135 | €44,045 | -€12,090 | -21.5% |
| Profit (loss) for the period | 9904 | €171,695 | €146,052 | -€25,643 | -14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €171,695 | €146,052 | -€25,643 | -14.9% |
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 14 October 2026 via checked.be.