FAST LANE: what changed
What changed
FAST LANE
NACE 64.210, Activities of holding companies
not consecutivefiled annual accounts (NBB)
Net result for the year
€15.8m
2024 · €904,940+€14.9m
Equity
€20.7m
2024 · €12.9m+€7.8m
Cash
€188,038
2024 · €63,960+€124,078
Balance sheet total
€22.4m
2024 · €17.8m+€4.6m
Largest movements
Assets
- Current investments +€6.5m
new in 2025: €6.5m
- Financial fixed assets -€4.4m
down €4.4m (-34.3%), from €12.8m to €8.4m
- Stocks and contracts +€2.6m
up €2.6m (+175%), from €1.5m to €4.1m
- Receivables within one year -€468,414
down €468,414 (-31.1%), from €1.5m to €1.0m
of which Trade receivables: -€706,800
Equity and liabilities
- Reserves +€13.2m
up €13.2m (+275%), from €4.8m to €18.0m
of which Distributable reserves: +€13.6m
- Contributions -€5.4m
down €5.4m (-66.7%), from €8.1m to €2.7m
- Debts after one year -€1.6m
down €1.6m (-100%), from €1.6m to €0
- Other debts -€855,054
down €855,054 (-100%), from €855,054 to €0
- Trade debts -€577,723
down €577,723 (-95.8%), from €602,818 to €25,095
Income statement
- Financial income +€16.0m
up €16.0m (+216,021%), from €7,409 to €16.0m
- Turnover -€1.6m
no longer reported in 2025 (was €1.6m)
- Gross operating margin +€464,376
new in 2025: €464,376
- Financial charges +€141,356
up €141,356 (+61.6%), from €229,384 to €370,740
- Taxes -€132,274
down €132,274 (-44.2%), from €299,119 to €166,845
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€904,940
Turnover
-€1.6m
Other operating income
-€81,499
Services and other goods
+€130,194
Depreciation
-€22,026
Other operating charges
-€11,179
Other operating items
+€464,376
Financial income
+€16.0m
Financial charges
-€141,356
Taxes
+€132,274
Result 2025
€15.8m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,762,690 | €22,409,309 | +€4.6m | +26.2% |
| Fixed assets | 21/28 | €14,683,402 | €10,247,249 | -€4.4m | -30.2% |
| Tangible fixed assets | 22/27 | €1,908,428 | €1,852,543 | -€55,885 | -2.9% |
| Land and buildings | 22 | €1,902,081 | €1,805,859 | -€96,222 | -5.1% |
| Plant, machinery and equipment | 23 | €5,606 | €20,009 | +€14,404 | +257% |
| Furniture and vehicles | 24 | €741 | €26,674 | +€25,934 | +3,502% |
| Financial fixed assets | 28 | €12,774,974 | €8,394,707 | -€4.4m | -34.3% |
| Affiliated companies | 280/1 | €12,774,974 | - | -€12.8m | |
| Participating interests | 280 | €12,774,974 | - | -€12.8m | |
| Current assets | 29/58 | €3,079,288 | €12,162,060 | +€9.1m | +295% |
| Amounts receivable after more than one year | 29 | - | €160,000 | +€160,000 | |
| Other amounts receivable | 291 | - | €160,000 | +€160,000 | |
| Stocks and contracts in progress | 3 | €1,501,473 | €4,136,121 | +€2.6m | +175% |
| Stocks | 30/36 | €1,501,473 | €4,136,121 | +€2.6m | +175% |
| Goods purchased for resale | 34 | €1,501,473 | - | -€1.5m | |
| Amounts receivable within one year | 40/41 | €1,505,000 | €1,036,586 | -€468,414 | -31.1% |
| Trade receivables | 40 | €855,000 | €148,200 | -€706,800 | -82.7% |
| Other amounts receivable | 41 | €650,000 | €888,386 | +€238,386 | +36.7% |
| Current investments | 50/53 | - | €6,538,225 | +€6.5m | |
| Cash at bank and in hand | 54/58 | €63,960 | €188,038 | +€124,078 | +194% |
| Deferred charges and accrued income | 490/1 | €8,856 | €103,089 | +€94,233 | +1,064% |
| Total equity and liabilities | 10/49 | €17,762,690 | €22,409,309 | +€4.6m | +26.2% |
| Equity | 10/15 | €12,871,007 | €20,687,242 | +€7.8m | +60.7% |
| Contributions | 10/11 | €8,074,102 | €2,688,563 | -€5.4m | -66.7% |
| Reserves | 13 | €4,796,906 | €17,998,679 | +€13.2m | +275% |
| Tax-exempt reserves | 132 | €877,200 | €477,250 | -€399,950 | -45.6% |
| Distributable reserves | 133 | €3,919,706 | €17,521,429 | +€13.6m | +347% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €1,644,794 | €1,604,055 | -€40,740 | -2.5% |
| Provisions for liabilities and charges | 160/5 | €1,644,794 | €1,604,055 | -€40,740 | -2.5% |
| Other liabilities and charges | 164/5 | €1,644,794 | €1,604,055 | -€40,740 | -2.5% |
| Amounts payable | 17/49 | €3,246,888 | €118,013 | -€3.1m | -96.4% |
| Amounts payable after more than one year | 17 | €1,635,795 | €0 | -€1.6m | -100% |
| Financial debts | 170/4 | €1,635,795 | €0 | -€1.6m | -100% |
| Other loans | 174 | €1,635,795 | - | -€1.6m | |
| Amounts payable within one year | 42/48 | €1,467,222 | €25,095 | -€1.4m | -98.3% |
| Trade debts | 44 | €602,818 | €25,095 | -€577,723 | -95.8% |
| Suppliers | 440/4 | €602,818 | €25,095 | -€577,723 | -95.8% |
| Taxes, remuneration and social security | 45 | €9,350 | €0 | -€9,350 | -100% |
| Taxes | 450/3 | €9,350 | €0 | -€9,350 | -100% |
| Other amounts payable | 47/48 | €855,054 | €0 | -€855,054 | -100% |
| Accrued charges and deferred income | 492/3 | €143,871 | €92,918 | -€50,953 | -35.4% |
| Operating income | 70/76A | €1,645,499 | - | -€1.6m | |
| Turnover | 70 | €1,564,000 | - | -€1.6m | |
| Other operating income | 74 | €81,499 | - | -€81,499 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €219,465 | - | -€219,465 | |
| Purchases | 600/8 | €684,693 | - | -€684,693 | |
| Change in stocks: decrease (increase) | 609 | -€684,693 | - | +€684,693 | |
| Services and other goods | 61 | €130,194 | - | -€130,194 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,039 | €99,065 | +€22,026 | +28.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €12,232 | €23,410 | +€11,179 | +91.4% |
| Gross operating margin | 9900 | - | €464,376 | +€464,376 | |
| Operating profit (loss) | 9901 | €1,426,034 | €341,901 | -€1.1m | -76.0% |
| Financial income | 75/76B | €7,409 | €16,011,917 | +€16.0m | +216,021% |
| Recurring financial income | 75 | €7,409 | €16,011,917 | +€16.0m | +216,021% |
| Income from current assets | 751 | €3,792 | - | -€3,792 | |
| Other financial income | 752/9 | €3,617 | - | -€3,617 | |
| Financial charges | 65/66B | €229,384 | €370,740 | +€141,356 | +61.6% |
| Recurring financial charges | 65 | €229,384 | €370,740 | +€141,356 | +61.6% |
| Debt charges | 650 | €225,927 | - | -€225,927 | |
| Other financial charges | 652/9 | €3,457 | - | -€3,457 | |
| Profit (loss) for the period before taxes | 9903 | €1,204,059 | €15,983,079 | +€14.8m | +1,227% |
| Income taxes | 67/77 | €299,119 | €166,845 | -€132,274 | -44.2% |
| Taxes | 670/3 | €299,119 | - | -€299,119 | |
| Profit (loss) for the period | 9904 | €904,940 | €15,816,235 | +€14.9m | +1,648% |
| Transfer from tax-exempt reserves | 789 | €142,400 | €399,950 | +€257,550 | +181% |
| Transfer to tax-exempt reserves | 689 | €168,400 | €0 | -€168,400 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €878,940 | €16,216,185 | +€15.3m | +1,745% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.