FAST T.D.: 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 T.D.
Largest movements
- Deferred charges and accrued income +€87,778
up €87,778 (+2772.3%), from €3,166 to €90,944
- Cash -€30,054
down €30,054 (-25.1%), from €119,929 to €89,875
mainly Deferred charges and accrued income (-€87,778) and Investment in fixed assets (net) (-€40,565)
- Tangible fixed assets +€23,099
up €23,099 (+14.5%), from €158,784 to €181,882
of which Furniture and vehicles: +€29,265
- Trade debts +€64,726
up €64,726 (+553.1%), from €11,703 to €76,429
- Advances received +€50,000
new in 2025: €50,000
- Tax, wage and social debts -€29,152
down €29,152 (-16.3%), from €178,438 to €149,287
of which Taxes: -€25,159
- Gross operating margin -€297,924
down €297,924 (-34.0%), from €877,364 to €579,440
- Staff costs -€144,002
down €144,002 (-21.1%), from €681,813 to €537,810
- Taxes -€17,852
down €17,852 (-87.7%), from €20,347 to €2,495
- Financial charges +€13,270
up €13,270 (+342.0%), from €3,881 to €17,151
of which Non-recurring financial charges: +€15,503
- Depreciation +€9,861
up €9,861 (+129.6%), from €7,606 to €17,467
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 | €402,411 | €485,643 | +€83,232 | +20.7% |
| Fixed assets | 21/28 | €198,784 | €221,882 | +€23,099 | +11.6% |
| Tangible fixed assets | 22/27 | €158,784 | €181,882 | +€23,099 | +14.5% |
| Land and buildings | 22 | €14,000 | €14,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €62,500 | €64,338 | +€1,838 | +2.9% |
| Furniture and vehicles | 24 | €7,340 | €36,605 | +€29,265 | +398.7% |
| Other tangible fixed assets | 26 | €74,944 | €66,939 | -€8,005 | -10.7% |
| Financial fixed assets | 28 | €40,000 | €40,000 | = | 0.0% |
| Current assets | 29/58 | €203,627 | €263,761 | +€60,133 | +29.5% |
| Amounts receivable within one year | 40/41 | €80,532 | €82,942 | +€2,410 | +3.0% |
| Trade receivables | 40 | €56,043 | €38,579 | -€17,464 | -31.2% |
| Other amounts receivable | 41 | €24,489 | €44,364 | +€19,875 | +81.2% |
| Cash at bank and in hand | 54/58 | €119,929 | €89,875 | -€30,054 | -25.1% |
| Deferred charges and accrued income | 490/1 | €3,166 | €90,944 | +€87,778 | +2772.3% |
| Total equity and liabilities | 10/49 | €402,411 | €485,643 | +€83,232 | +20.7% |
| Equity | 10/15 | €212,270 | €209,318 | -€2,952 | -1.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €12,870 | €12,870 | = | 0.0% |
| Distributable reserves | 133 | €12,870 | €12,870 | = | 0.0% |
| Profit (loss) carried forward | 14 | €194,400 | €191,448 | -€2,952 | -1.5% |
| Amounts payable | 17/49 | €190,141 | €276,325 | +€86,184 | +45.3% |
| Amounts payable within one year | 42/48 | €190,141 | €276,325 | +€86,184 | +45.3% |
| Trade debts | 44 | €11,703 | €76,429 | +€64,726 | +553.1% |
| Suppliers | 440/4 | €11,703 | €76,429 | +€64,726 | +553.1% |
| Advances received on contracts in progress | 46 | - | €50,000 | +€50,000 | |
| Taxes, remuneration and social security | 45 | €178,438 | €149,287 | -€29,152 | -16.3% |
| Taxes | 450/3 | €43,561 | €18,402 | -€25,159 | -57.8% |
| Remuneration and social security | 454/9 | €134,878 | €130,885 | -€3,993 | -3.0% |
| Other amounts payable | 47/48 | - | €610 | +€610 | |
| Remuneration, social security and pensions | 62 | €681,813 | €537,810 | -€144,002 | -21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,606 | €17,467 | +€9,861 | +129.6% |
| Other operating charges | 640/8 | €11,841 | €7,507 | -€4,334 | -36.6% |
| Gross operating margin | 9900 | €877,364 | €579,440 | -€297,924 | -34.0% |
| Operating profit (loss) | 9901 | €176,104 | €16,655 | -€159,449 | -90.5% |
| Financial income | 75/76B | €1 | €39 | +€38 | +6079.4% |
| Recurring financial income | 75 | €1 | €39 | +€38 | +6079.4% |
| Financial charges | 65/66B | €3,881 | €17,151 | +€13,270 | +342.0% |
| Recurring financial charges | 65 | €3,881 | €1,648 | -€2,232 | -57.5% |
| Non-recurring financial charges | 66B | - | €15,503 | +€15,503 | |
| Profit (loss) for the period before taxes | 9903 | €172,224 | -€457 | -€172,681 | |
| Income taxes | 67/77 | €20,347 | €2,495 | -€17,852 | -87.7% |
| Profit (loss) for the period | 9904 | €151,877 | -€2,952 | -€154,829 | |
| Profit (loss) for the period to be appropriated | 9905 | €151,877 | -€2,952 | -€154,829 |
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 9 October 2026 via checked.be.