FAST SERVICE: 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 SERVICE
Largest movements
- Receivables within one year -€219,979
down €219,979 (-52.6%), from €417,994 to €198,015
of which Trade receivables: -€200,181
- Stocks and contracts +€34,500
new in 2024: €34,500
- Cash -€29,621
down €29,621 (-91.4%), from €32,413 to €2,792
mainly Advances received (-€126,098) and Trade debts (-€109,383)
- Tangible fixed assets +€16,454
up €16,454 (+857%), from €1,919 to €18,373
of which Leasing and similar rights: +€17,250
- Advances received -€126,098
down €126,098 (-97.7%), from €129,066 to €2,968
- Trade debts -€109,383
down €109,383 (-45.2%), from €241,741 to €132,358
- Debts after one year +€23,000
new in 2024: €23,000
- Other debts +€12,567
new in 2024: €12,567
- Profit (loss) carried forward +€5,948
up €5,948 (+10.5%), from €56,776 to €62,724
- Other operating charges +€6,800
up €6,800 (+257%), from €2,641 to €9,441
- Financial charges -€6,104
down €6,104 (-92.5%), from €6,601 to €497
- Gross operating margin +€5,445
up €5,445 (+28.2%), from €19,284 to €24,729
- Depreciation +€3,602
up €3,602 (+122%), from €2,945 to €6,547
- Taxes -€1,336
down €1,336 (-34.7%), from €3,850 to €2,514
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €452,466 | €253,820 | -€198,646 | -43.9% |
| Fixed assets | 21/28 | €2,059 | €18,513 | +€16,454 | +799% |
| Tangible fixed assets | 22/27 | €1,919 | €18,373 | +€16,454 | +857% |
| Plant, machinery and equipment | 23 | €269 | - | -€269 | |
| Furniture and vehicles | 24 | €1,650 | €1,123 | -€527 | -31.9% |
| Leasing and similar rights | 25 | - | €17,250 | +€17,250 | |
| Financial fixed assets | 28 | €140 | €140 | = | 0.0% |
| Current assets | 29/58 | €450,407 | €235,307 | -€215,100 | -47.8% |
| Stocks and contracts in progress | 3 | - | €34,500 | +€34,500 | |
| Stocks | 30/36 | - | €34,500 | +€34,500 | |
| Amounts receivable within one year | 40/41 | €417,994 | €198,015 | -€219,979 | -52.6% |
| Trade receivables | 40 | €393,914 | €193,733 | -€200,181 | -50.8% |
| Other amounts receivable | 41 | €24,080 | €4,282 | -€19,798 | -82.2% |
| Cash at bank and in hand | 54/58 | €32,413 | €2,792 | -€29,621 | -91.4% |
| Total equity and liabilities | 10/49 | €452,466 | €253,820 | -€198,646 | -43.9% |
| Equity | 10/15 | €64,696 | €70,644 | +€5,948 | +9.2% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Capital | 10 | €6,500 | €6,500 | = | 0.0% |
| Issued capital | 100 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €1,420 | €1,420 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,420 | €1,420 | = | 0.0% |
| Legal reserve | 130 | €1,420 | €1,420 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,776 | €62,724 | +€5,948 | +10.5% |
| Amounts payable | 17/49 | €387,770 | €183,176 | -€204,594 | -52.8% |
| Amounts payable after more than one year | 17 | - | €23,000 | +€23,000 | |
| Financial debts | 170/4 | - | €23,000 | +€23,000 | |
| Amounts payable within one year | 42/48 | €387,770 | €160,176 | -€227,594 | -58.7% |
| Trade debts | 44 | €241,741 | €132,358 | -€109,383 | -45.2% |
| Suppliers | 440/4 | €241,741 | €132,358 | -€109,383 | -45.2% |
| Advances received on contracts in progress | 46 | €129,066 | €2,968 | -€126,098 | -97.7% |
| Taxes, remuneration and social security | 45 | €16,963 | €12,283 | -€4,680 | -27.6% |
| Taxes | 450/3 | €16,963 | €12,283 | -€4,680 | -27.6% |
| Other amounts payable | 47/48 | - | €12,567 | +€12,567 | |
| Non-recurring operating income | 76A | €3 | €1 | -€2 | -66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,945 | €6,547 | +€3,602 | +122% |
| Other operating charges | 640/8 | €2,641 | €9,441 | +€6,800 | +257% |
| Non-recurring operating charges | 66A | €148 | - | -€148 | |
| Gross operating margin | 9900 | €19,284 | €24,729 | +€5,445 | +28.2% |
| Operating profit (loss) | 9901 | €13,550 | €8,741 | -€4,809 | -35.5% |
| Financial income | 75/76B | €712 | €218 | -€494 | -69.4% |
| Recurring financial income | 75 | €712 | €218 | -€494 | -69.4% |
| Financial charges | 65/66B | €6,601 | €497 | -€6,104 | -92.5% |
| Recurring financial charges | 65 | €6,601 | €497 | -€6,104 | -92.5% |
| Profit (loss) for the period before taxes | 9903 | €7,661 | €8,462 | +€801 | +10.5% |
| Income taxes | 67/77 | €3,850 | €2,514 | -€1,336 | -34.7% |
| Profit (loss) for the period | 9904 | €3,811 | €5,948 | +€2,137 | +56.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,811 | €5,948 | +€2,137 | +56.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.