FAST MG: what changed
Two fiscal 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 MG
Largest movements
- Receivables within one year +€49,881
up €49,881 (+42.7%), from €116,689 to €166,570
- Tangible fixed assets +€41,940
up €41,940 (+99.0%), from €42,349 to €84,289
- Cash -€29,714
down €29,714 (-77.6%), from €38,288 to €8,574
mainly Investment in fixed assets (net) (-€73,792) and Receivables within one year (-€49,881)
- Financial fixed assets +€5,000
up €5,000 (+106.7%), from €4,685 to €9,685
- Intangible fixed assets -€3,000
down €3,000 (-16.7%), from €18,000 to €15,000
- Tax, wage and social debts +€46,573
up €46,573 (+45.1%), from €103,373 to €149,947
of which Remuneration and social security: +€47,994
- Profit (loss) carried forward +€19,974
up €19,974 (+26.5%), from €75,236 to €95,210
- Other debts +€11,879
new in 2025: €11,879
- Trade debts -€7,663
down €7,663 (-54.3%), from €14,115 to €6,452
- Debts after one year -€6,824
down €6,824 (-68.1%), from €10,024 to €3,200
- Gross operating margin +€144,133
up €144,133 (+45.0%), from €320,259 to €464,392
- Staff costs +€133,277
up €133,277 (+53.9%), from €247,476 to €380,753
- Taxes +€20,784
up €20,784, from -€1,927 to €18,856
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 | €220,010 | €284,117 | +€64,107 | +29.1% |
| Fixed assets | 21/28 | €65,034 | €108,974 | +€43,940 | +67.6% |
| Intangible fixed assets | 21 | €18,000 | €15,000 | -€3,000 | -16.7% |
| Tangible fixed assets | 22/27 | €42,349 | €84,289 | +€41,940 | +99.0% |
| Furniture and vehicles | 24 | €42,349 | €84,289 | +€41,940 | +99.0% |
| Financial fixed assets | 28 | €4,685 | €9,685 | +€5,000 | +106.7% |
| Current assets | 29/58 | €154,977 | €175,144 | +€20,167 | +13.0% |
| Amounts receivable within one year | 40/41 | €116,689 | €166,570 | +€49,881 | +42.7% |
| Trade receivables | 40 | €116,689 | €166,570 | +€49,881 | +42.7% |
| Cash at bank and in hand | 54/58 | €38,288 | €8,574 | -€29,714 | -77.6% |
| Total equity and liabilities | 10/49 | €220,010 | €284,117 | +€64,107 | +29.1% |
| Equity | 10/15 | €85,236 | €105,210 | +€19,974 | +23.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,236 | €95,210 | +€19,974 | +26.5% |
| Amounts payable | 17/49 | €134,774 | €178,907 | +€44,133 | +32.7% |
| Amounts payable after more than one year | 17 | €10,024 | €3,200 | -€6,824 | -68.1% |
| Financial debts | 170/4 | €10,024 | €3,200 | -€6,824 | -68.1% |
| Amounts payable within one year | 42/48 | €124,751 | €175,707 | +€50,957 | +40.8% |
| Current portion of amounts payable after more than one year | 42 | €7,262 | €7,429 | +€167 | +2.3% |
| Trade debts | 44 | €14,115 | €6,452 | -€7,663 | -54.3% |
| Suppliers | 440/4 | €14,115 | €6,452 | -€7,663 | -54.3% |
| Taxes, remuneration and social security | 45 | €103,373 | €149,947 | +€46,573 | +45.1% |
| Taxes | 450/3 | €41,675 | €40,255 | -€1,421 | -3.4% |
| Remuneration and social security | 454/9 | €61,698 | €109,692 | +€47,994 | +77.8% |
| Other amounts payable | 47/48 | - | €11,879 | +€11,879 | |
| Remuneration, social security and pensions | 62 | €247,476 | €380,753 | +€133,277 | +53.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,940 | €29,852 | +€1,913 | +6.8% |
| Other operating charges | 640/8 | €6,639 | €8,982 | +€2,344 | +35.3% |
| Gross operating margin | 9900 | €320,259 | €464,392 | +€144,133 | +45.0% |
| Operating profit (loss) | 9901 | €38,204 | €44,804 | +€6,599 | +17.3% |
| Financial income | 75/76B | €8 | €1 | -€7 | -90.3% |
| Recurring financial income | 75 | €8 | €1 | -€7 | -90.3% |
| Financial charges | 65/66B | €10,610 | €5,974 | -€4,635 | -43.7% |
| Recurring financial charges | 65 | €10,610 | €5,974 | -€4,635 | -43.7% |
| Profit (loss) for the period before taxes | 9903 | €27,603 | €38,831 | +€11,228 | +40.7% |
| Income taxes | 67/77 | -€1,927 | €18,856 | +€20,784 | |
| Profit (loss) for the period | 9904 | €29,530 | €19,974 | -€9,556 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,530 | €19,974 | -€9,556 | -32.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.