FAST AIR CONTROL: 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 AIR CONTROL
Largest movements
- Cash -€197,109
down €197,109 (-71.7%), from €275,019 to €77,910
mainly Receivables within one year (-€117,862) and Net result for the year (-€75,223)
- Receivables within one year +€117,862
up €117,862 (+84.9%), from €138,780 to €256,642
of which Trade receivables: +€146,066
- Tangible fixed assets -€33,818
down €33,818 (-31.2%), from €108,247 to €74,429
of which Furniture and vehicles: -€30,515
- Reserves -€79,280
down €79,280 (-19.5%), from €407,594 to €328,314
of which Distributable reserves: -€75,223
- Trade debts -€15,954
down €15,954 (-78.9%), from €20,219 to €4,265
- Other debts -€10,986
down €10,986 (-17.7%), from €62,034 to €51,048
- Tax, wage and social debts -€5,851
down €5,851 (-42.0%), from €13,919 to €8,068
of which Taxes: -€6,551
- Gross operating margin -€82,109
down €82,109 (-97.0%), from €84,653 to €2,544
- Other operating charges -€23,404
down €23,404 (-82.6%), from €28,347 to €4,943
- Write-downs +€20,189
no longer reported in 2025 (was -€20,189)
- Financial charges +€13,433
up €13,433 (+69.0%), from €19,476 to €32,908
- Taxes -€7,117
down €7,117 (-95.4%), from €7,456 to €339
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 | €525,871 | €412,786 | -€113,085 | -21.5% |
| Fixed assets | 21/28 | €108,407 | €74,589 | -€33,818 | -31.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €108,247 | €74,429 | -€33,818 | -31.2% |
| Land and buildings | 22 | €22,030 | €19,856 | -€2,174 | -9.9% |
| Plant, machinery and equipment | 23 | €3,414 | €2,285 | -€1,129 | -33.1% |
| Furniture and vehicles | 24 | €82,804 | €52,289 | -€30,515 | -36.9% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €417,464 | €338,197 | -€79,267 | -19.0% |
| Stocks and contracts in progress | 3 | €3,665 | €2,280 | -€1,385 | -37.8% |
| Stocks | 30/36 | €3,665 | €2,280 | -€1,385 | -37.8% |
| Amounts receivable within one year | 40/41 | €138,780 | €256,642 | +€117,862 | +84.9% |
| Trade receivables | 40 | €85,404 | €231,470 | +€146,066 | +171% |
| Other amounts receivable | 41 | €53,376 | €25,172 | -€28,203 | -52.8% |
| Cash at bank and in hand | 54/58 | €275,019 | €77,910 | -€197,109 | -71.7% |
| Deferred charges and accrued income | 490/1 | - | €1,365 | +€1,365 | |
| Total equity and liabilities | 10/49 | €525,871 | €412,786 | -€113,085 | -21.5% |
| Equity | 10/15 | €428,045 | €348,765 | -€79,280 | -18.5% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €407,594 | €328,314 | -€79,280 | -19.5% |
| Tax-exempt reserves | 132 | €6,616 | €2,559 | -€4,057 | -61.3% |
| Distributable reserves | 133 | €400,978 | €325,755 | -€75,223 | -18.8% |
| Provisions and deferred taxes | 16 | €1,654 | €640 | -€1,014 | -61.3% |
| Deferred taxes | 168 | €1,654 | €640 | -€1,014 | -61.3% |
| Amounts payable | 17/49 | €96,172 | €63,381 | -€32,791 | -34.1% |
| Amounts payable within one year | 42/48 | €96,172 | €63,381 | -€32,791 | -34.1% |
| Trade debts | 44 | €20,219 | €4,265 | -€15,954 | -78.9% |
| Suppliers | 440/4 | €20,219 | €4,265 | -€15,954 | -78.9% |
| Taxes, remuneration and social security | 45 | €13,919 | €8,068 | -€5,851 | -42.0% |
| Taxes | 450/3 | €13,919 | €7,368 | -€6,551 | -47.1% |
| Remuneration and social security | 454/9 | €0 | €700 | +€700 | |
| Other amounts payable | 47/48 | €62,034 | €51,048 | -€10,986 | -17.7% |
| Remuneration, social security and pensions | 62 | €14,019 | €10,897 | -€3,122 | -22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,358 | €33,818 | +€3,460 | +11.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€20,189 | - | +€20,189 | |
| Other operating charges | 640/8 | €28,347 | €4,943 | -€23,404 | -82.6% |
| Non-recurring operating charges | 66A | - | €1,296 | +€1,296 | |
| Gross operating margin | 9900 | €84,653 | €2,544 | -€82,109 | -97.0% |
| Operating profit (loss) | 9901 | €32,118 | -€48,410 | -€80,528 | |
| Financial income | 75/76B | €2,095 | €1,363 | -€731 | -34.9% |
| Recurring financial income | 75 | €2,095 | €1,363 | -€731 | -34.9% |
| Financial charges | 65/66B | €19,476 | €32,908 | +€13,433 | +69.0% |
| Recurring financial charges | 65 | €19,476 | €32,908 | +€13,433 | +69.0% |
| Profit (loss) for the period before taxes | 9903 | €14,737 | -€79,955 | -€94,692 | |
| Transfer from deferred taxes | 780 | €5,071 | €5,071 | = | 0.0% |
| Income taxes | 67/77 | €7,456 | €339 | -€7,117 | -95.4% |
| Profit (loss) for the period | 9904 | €12,352 | -€75,223 | -€87,575 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,352 | -€75,223 | -€87,575 |
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 16 October 2026 via checked.be.