FAST HEATING: 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 HEATING
Largest movements
- Receivables within one year -€47,215
down €47,215 (-61.4%), from €76,846 to €29,632
of which Other amounts receivable: -€25,072
- Cash +€34,465
up €34,465 (+72.8%), from €47,338 to €81,803
mainly Receivables within one year (+€47,215) and Net result for the year (+€10,729)
- Deferred charges and accrued income -€7,918
no longer reported in 2025 (was €7,918)
- Profit (loss) carried forward -€18,714
down €18,714 (-18.2%), from €102,946 to €84,232
- Trade debts -€4,320
down €4,320 (-33.4%), from €12,927 to €8,607
- Tax, wage and social debts +€1,684
up €1,684 (+1,360%), from €124 to €1,808
- Write-downs -€27,136
down €27,136, from €13,568 to -€13,568
- Gross operating margin -€21,866
down €21,866 (-54.9%), from €39,793 to €17,928
- Staff costs -€2,787
down €2,787 (-15.3%), from €18,201 to €15,414
- Taxes +€1,506
up €1,506 (+83.6%), from €1,802 to €3,308
- Financial income -€1,098
down €1,098 (-72.4%), from €1,517 to €418
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 | €134,645 | €113,295 | -€21,350 | -15.9% |
| Fixed assets | 21/28 | €1,568 | €885 | -€682 | -43.5% |
| Tangible fixed assets | 22/27 | €1,568 | €885 | -€682 | -43.5% |
| Plant, machinery and equipment | 23 | €28 | - | -€28 | |
| Other tangible fixed assets | 26 | €1,540 | €885 | -€654 | -42.5% |
| Current assets | 29/58 | €133,077 | €112,410 | -€20,668 | -15.5% |
| Stocks and contracts in progress | 3 | €975 | €975 | = | 0.0% |
| Stocks | 30/36 | €975 | €975 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €76,846 | €29,632 | -€47,215 | -61.4% |
| Trade receivables | 40 | €44,202 | €22,059 | -€22,143 | -50.1% |
| Other amounts receivable | 41 | €32,645 | €7,572 | -€25,072 | -76.8% |
| Cash at bank and in hand | 54/58 | €47,338 | €81,803 | +€34,465 | +72.8% |
| Deferred charges and accrued income | 490/1 | €7,918 | - | -€7,918 | |
| Total equity and liabilities | 10/49 | €134,645 | €113,295 | -€21,350 | -15.9% |
| Equity | 10/15 | €121,594 | €102,880 | -€18,714 | -15.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €6,247 | €6,247 | = | 0.0% |
| Distributable reserves | 133 | €6,247 | €6,247 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,946 | €84,232 | -€18,714 | -18.2% |
| Amounts payable | 17/49 | €13,051 | €10,415 | -€2,636 | -20.2% |
| Amounts payable within one year | 42/48 | €13,051 | €10,415 | -€2,636 | -20.2% |
| Trade debts | 44 | €12,927 | €8,607 | -€4,320 | -33.4% |
| Suppliers | 440/4 | €12,927 | €8,607 | -€4,320 | -33.4% |
| Taxes, remuneration and social security | 45 | €124 | €1,808 | +€1,684 | +1,360% |
| Taxes | 450/3 | €124 | €1,808 | +€1,684 | +1,360% |
| Remuneration, social security and pensions | 62 | €18,201 | €15,414 | -€2,787 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €957 | €682 | -€275 | -28.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,568 | -€13,568 | -€27,136 | |
| Other operating charges | 640/8 | €837 | €880 | +€43 | +5.1% |
| Gross operating margin | 9900 | €39,793 | €17,928 | -€21,866 | -54.9% |
| Operating profit (loss) | 9901 | €6,229 | €14,519 | +€8,289 | +133% |
| Financial income | 75/76B | €1,517 | €418 | -€1,098 | -72.4% |
| Recurring financial income | 75 | €1,517 | €418 | -€1,098 | -72.4% |
| Financial charges | 65/66B | €845 | €900 | +€54 | +6.4% |
| Recurring financial charges | 65 | €845 | €900 | +€54 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €6,901 | €14,037 | +€7,136 | +103% |
| Income taxes | 67/77 | €1,802 | €3,308 | +€1,506 | +83.6% |
| Profit (loss) for the period | 9904 | €5,099 | €10,729 | +€5,630 | +110% |
| Profit (loss) for the period to be appropriated | 9905 | €5,099 | €10,729 | +€5,630 | +110% |
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 28 October 2026 via checked.be.