FAST-IN: 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-IN
Largest movements
- Receivables after one year -€252,788
down €252,788 (-45.3%), from €557,788 to €305,000
- Receivables within one year -€171,560
down €171,560 (-62.5%), from €274,458 to €102,898
of which Trade receivables: -€170,649
- Tangible fixed assets -€160,820
down €160,820 (-15.3%), from €1.1m to €892,854
of which Land and buildings: -€103,699
- Intangible fixed assets -€26,647
down €26,647 (-7.7%), from €346,405 to €319,758
- Debts after one year -€269,749
down €269,749 (-33.4%), from €807,942 to €538,193
of which Other amounts payable: -€180,000
- Trade debts -€201,690
down €201,690 (-53.6%), from €376,215 to €174,525
- Revaluation surpluses -€103,699
down €103,699 (-14.3%), from €725,895 to €622,196
- Other debts -€33,220
down €33,220 (-47.5%), from €69,902 to €36,682
- Profit (loss) carried forward -€28,137
down €28,137, from €21,870 to -€6,268
- Gross operating margin -€63,285
down €63,285 (-25.4%), from €248,705 to €185,420
- Other operating charges -€27,923
down €27,923 (-82.4%), from €33,876 to €5,953
- Taxes -€7,336
down €7,336 (-51.7%), from €14,198 to €6,861
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 | €2,256,687 | €1,639,079 | -€617,608 | -27.4% |
| Fixed assets | 21/28 | €1,400,438 | €1,212,972 | -€187,466 | -13.4% |
| Intangible fixed assets | 21 | €346,405 | €319,758 | -€26,647 | -7.7% |
| Tangible fixed assets | 22/27 | €1,053,674 | €892,854 | -€160,820 | -15.3% |
| Land and buildings | 22 | €733,902 | €630,203 | -€103,699 | -14.1% |
| Furniture and vehicles | 24 | €72,643 | €69,077 | -€3,565 | -4.9% |
| Other tangible fixed assets | 26 | €247,129 | €193,574 | -€53,555 | -21.7% |
| Financial fixed assets | 28 | €360 | €360 | = | 0.0% |
| Current assets | 29/58 | €856,248 | €426,107 | -€430,141 | -50.2% |
| Amounts receivable after more than one year | 29 | €557,788 | €305,000 | -€252,788 | -45.3% |
| Other amounts receivable | 291 | €557,788 | €305,000 | -€252,788 | -45.3% |
| Amounts receivable within one year | 40/41 | €274,458 | €102,898 | -€171,560 | -62.5% |
| Trade receivables | 40 | €273,547 | €102,898 | -€170,649 | -62.4% |
| Other amounts receivable | 41 | €911 | - | -€911 | |
| Cash at bank and in hand | 54/58 | €20,577 | €17,713 | -€2,864 | -13.9% |
| Deferred charges and accrued income | 490/1 | €3,425 | €496 | -€2,929 | -85.5% |
| Total equity and liabilities | 10/49 | €2,256,687 | €1,639,079 | -€617,608 | -27.4% |
| Equity | 10/15 | €819,459 | €687,622 | -€131,837 | -16.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €725,895 | €622,196 | -€103,699 | -14.3% |
| Reserves | 13 | €53,094 | €53,094 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,643 | €37,643 | = | 0.0% |
| Distributable reserves | 133 | €13,591 | €13,591 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,870 | -€6,268 | -€28,137 | |
| Amounts payable | 17/49 | €1,437,228 | €951,457 | -€485,771 | -33.8% |
| Amounts payable after more than one year | 17 | €807,942 | €538,193 | -€269,749 | -33.4% |
| Financial debts | 170/4 | €477,942 | €388,193 | -€89,749 | -18.8% |
| Other amounts payable | 178/9 | €330,000 | €150,000 | -€180,000 | -54.5% |
| Amounts payable within one year | 42/48 | €594,132 | €378,110 | -€216,022 | -36.4% |
| Current portion of amounts payable after more than one year | 42 | €116,572 | €118,199 | +€1,627 | +1.4% |
| Trade debts | 44 | €376,215 | €174,525 | -€201,690 | -53.6% |
| Suppliers | 440/4 | €376,215 | €174,525 | -€201,690 | -53.6% |
| Taxes, remuneration and social security | 45 | €31,443 | €48,704 | +€17,260 | +54.9% |
| Taxes | 450/3 | €31,443 | €48,704 | +€17,260 | +54.9% |
| Other amounts payable | 47/48 | €69,902 | €36,682 | -€33,220 | -47.5% |
| Accrued charges and deferred income | 492/3 | €35,154 | €35,154 | = | 0.0% |
| Non-recurring operating income | 76A | €103,699 | €283,699 | +€180,000 | +174% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188,605 | €187,466 | -€1,139 | -0.6% |
| Other operating charges | 640/8 | €33,876 | €5,953 | -€27,923 | -82.4% |
| Gross operating margin | 9900 | €248,705 | €185,420 | -€63,285 | -25.4% |
| Operating profit (loss) | 9901 | €26,224 | -€7,999 | -€34,223 | |
| Financial charges | 65/66B | €14,304 | €13,277 | -€1,027 | -7.2% |
| Recurring financial charges | 65 | €14,304 | €13,277 | -€1,027 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €11,920 | -€21,276 | -€33,196 | |
| Income taxes | 67/77 | €14,198 | €6,861 | -€7,336 | -51.7% |
| Profit (loss) for the period | 9904 | -€2,278 | -€28,137 | -€25,860 | -1,135% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,278 | -€28,137 | -€25,860 | -1,135% |
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.