FAST FORWARD TRANS: 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 FORWARD TRANS
Largest movements
- Tangible fixed assets -€24,855
down €24,855 (-96.3%), from €25,809 to €955
- Receivables within one year +€22,971
up €22,971 (+77.5%), from €29,636 to €52,607
of which Other amounts receivable: +€20,232
- Current portion of long-term debt +€7,683
new in 2025: €7,683
- Profit (loss) carried forward -€7,580
down €7,580 (-34.2%), from €22,133 to €14,553
- Trade debts -€4,045
down €4,045 (-54.5%), from €7,422 to €3,377
- Tax, wage and social debts +€1,930
up €1,930 (+13.2%), from €14,668 to €16,598
of which Remuneration and social security: +€2,659
- Gross operating margin +€16,011
up €16,011 (+55.6%), from €28,803 to €44,814
- Staff costs +€12,400
new in 2025: €12,400
- Depreciation -€9,049
down €9,049 (-88.6%), from €10,218 to €1,169
- Other operating charges -€7,779
down €7,779 (-50.1%), from €15,517 to €7,737
- Taxes -€4,393
down €4,393 (-93.5%), from €4,701 to €308
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.
Cash bridge derived
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 | €65,183 | €63,171 | -€2,012 | -3.1% |
| Fixed assets | 21/28 | €35,040 | €10,185 | -€24,855 | -70.9% |
| Tangible fixed assets | 22/27 | €25,809 | €955 | -€24,855 | -96.3% |
| Furniture and vehicles | 24 | €25,809 | €955 | -€24,855 | -96.3% |
| Financial fixed assets | 28 | €9,230 | €9,230 | = | 0.0% |
| Current assets | 29/58 | €30,143 | €52,986 | +€22,843 | +75.8% |
| Amounts receivable within one year | 40/41 | €29,636 | €52,607 | +€22,971 | +77.5% |
| Trade receivables | 40 | €1,147 | €3,886 | +€2,739 | +238.8% |
| Other amounts receivable | 41 | €28,490 | €48,722 | +€20,232 | +71.0% |
| Cash at bank and in hand | 54/58 | €67 | €284 | +€217 | +324.6% |
| Deferred charges and accrued income | 490/1 | €440 | €94 | -€345 | -78.5% |
| Total equity and liabilities | 10/49 | €65,183 | €63,171 | -€2,012 | -3.1% |
| Equity | 10/15 | €42,593 | €35,013 | -€7,580 | -17.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,133 | €14,553 | -€7,580 | -34.2% |
| Amounts payable | 17/49 | €22,590 | €28,158 | +€5,568 | +24.6% |
| Amounts payable within one year | 42/48 | €22,590 | €28,158 | +€5,568 | +24.6% |
| Current portion of amounts payable after more than one year | 42 | - | €7,683 | +€7,683 | |
| Trade debts | 44 | €7,422 | €3,377 | -€4,045 | -54.5% |
| Suppliers | 440/4 | €7,422 | €3,377 | -€4,045 | -54.5% |
| Advances received on contracts in progress | 46 | €500 | €500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €14,668 | €16,598 | +€1,930 | +13.2% |
| Taxes | 450/3 | €14,668 | €13,938 | -€730 | -5.0% |
| Remuneration and social security | 454/9 | - | €2,659 | +€2,659 | |
| Remuneration, social security and pensions | 62 | - | €12,400 | +€12,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,218 | €1,169 | -€9,049 | -88.6% |
| Other operating charges | 640/8 | €15,517 | €7,737 | -€7,779 | -50.1% |
| Non-recurring operating charges | 66A | - | €21,619 | +€21,619 | |
| Gross operating margin | 9900 | €28,803 | €44,814 | +€16,011 | +55.6% |
| Operating profit (loss) | 9901 | €3,068 | €1,887 | -€1,180 | -38.5% |
| Financial charges | 65/66B | €5,145 | €9,159 | +€4,014 | +78.0% |
| Recurring financial charges | 65 | €5,145 | €4,620 | -€525 | -10.2% |
| Non-recurring financial charges | 66B | - | €4,539 | +€4,539 | |
| Profit (loss) for the period before taxes | 9903 | -€2,077 | -€7,272 | -€5,195 | -250.0% |
| Income taxes | 67/77 | €4,701 | €308 | -€4,393 | -93.5% |
| Profit (loss) for the period | 9904 | -€6,778 | -€7,580 | -€802 | -11.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,778 | -€7,580 | -€802 | -11.8% |
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 12 October 2026 via checked.be.