FAST WORK: 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 WORK
Largest movements
- Receivables within one year -€60,663
down €60,663 (-41.3%), from €146,737 to €86,074
of which Trade receivables: -€46,656
- Tangible fixed assets -€54,621
down €54,621 (-53.0%), from €103,107 to €48,486
of which Furniture and vehicles: -€58,955
- Cash -€5,537
down €5,537 (-54.5%), from €10,163 to €4,626
mainly Net result for the year (-€51,777) and Trade debts (-€27,086)
- Reserves -€56,682
down €56,682 (-43.9%), from €129,024 to €72,342
of which Distributable reserves: -€56,682
- Trade debts -€27,086
down €27,086 (-64.8%), from €41,801 to €14,715
- Debts after one year -€24,645
no longer reported in 2025 (was €24,645)
- Short-term financial debts -€20,316
no longer reported in 2025 (was €20,316)
- Current portion of long-term debt +€15,248
new in 2025: €15,248
- Purchases and services -€362,960
down €362,960 (-67.7%), from €535,938 to €172,978
- Turnover -€342,689
down €342,689 (-45.7%), from €749,237 to €406,547
- Staff costs +€44,428
up €44,428 (+24.7%), from €180,140 to €224,568
- Depreciation -€20,465
down €20,465 (-97.4%), from €21,019 to €553
- Gross operating margin +€9,470
up €9,470 (+4.2%), from €224,081 to €233,551
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 | €260,006 | €139,186 | -€120,820 | -46.5% |
| Fixed assets | 21/28 | €103,107 | €48,486 | -€54,621 | -53.0% |
| Tangible fixed assets | 22/27 | €103,107 | €48,486 | -€54,621 | -53.0% |
| Plant, machinery and equipment | 23 | €8,273 | €12,607 | +€4,334 | +52.4% |
| Furniture and vehicles | 24 | €94,834 | €35,879 | -€58,955 | -62.2% |
| Current assets | 29/58 | €156,900 | €90,701 | -€66,199 | -42.2% |
| Amounts receivable within one year | 40/41 | €146,737 | €86,074 | -€60,663 | -41.3% |
| Trade receivables | 40 | €112,742 | €66,086 | -€46,656 | -41.4% |
| Other amounts receivable | 41 | €33,995 | €19,988 | -€14,007 | -41.2% |
| Cash at bank and in hand | 54/58 | €10,163 | €4,626 | -€5,537 | -54.5% |
| Total equity and liabilities | 10/49 | €260,006 | €139,186 | -€120,820 | -46.5% |
| Equity | 10/15 | €147,624 | €95,847 | -€51,777 | -35.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €129,024 | €72,342 | -€56,682 | -43.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €127,164 | €70,482 | -€56,682 | -44.6% |
| Profit (loss) carried forward | 14 | - | €4,905 | +€4,905 | |
| Amounts payable | 17/49 | €112,383 | €43,339 | -€69,044 | -61.4% |
| Amounts payable after more than one year | 17 | €24,645 | - | -€24,645 | |
| Financial debts | 170/4 | €24,645 | - | -€24,645 | |
| Amounts payable within one year | 42/48 | €87,738 | €43,339 | -€44,399 | -50.6% |
| Current portion of amounts payable after more than one year | 42 | - | €15,248 | +€15,248 | |
| Financial debts | 43 | €20,316 | - | -€20,316 | |
| Credit institutions | 430/8 | €20,316 | - | -€20,316 | |
| Trade debts | 44 | €41,801 | €14,715 | -€27,086 | -64.8% |
| Suppliers | 440/4 | €41,801 | €14,715 | -€27,086 | -64.8% |
| Taxes, remuneration and social security | 45 | €15,620 | €13,376 | -€2,244 | -14.4% |
| Taxes | 450/3 | €15,620 | €9,096 | -€6,524 | -41.8% |
| Remuneration and social security | 454/9 | - | €4,280 | +€4,280 | |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Turnover | 70 | €749,237 | €406,547 | -€342,689 | -45.7% |
| Non-recurring operating income | 76A | €10,783 | €4,096 | -€6,687 | -62.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €535,938 | €172,978 | -€362,960 | -67.7% |
| Remuneration, social security and pensions | 62 | €180,140 | €224,568 | +€44,428 | +24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,019 | €553 | -€20,465 | -97.4% |
| Other operating charges | 640/8 | €2,557 | €3,357 | +€799 | +31.3% |
| Non-recurring operating charges | 66A | - | €51,807 | +€51,807 | |
| Gross operating margin | 9900 | €224,081 | €233,551 | +€9,470 | +4.2% |
| Operating profit (loss) | 9901 | €20,365 | -€46,734 | -€67,099 | |
| Financial charges | 65/66B | €1,256 | €2,311 | +€1,056 | +84.0% |
| Recurring financial charges | 65 | €1,256 | €2,311 | +€1,056 | +84.0% |
| Profit (loss) for the period before taxes | 9903 | €19,109 | -€49,045 | -€68,154 | |
| Income taxes | 67/77 | €7,764 | €2,732 | -€5,033 | -64.8% |
| Profit (loss) for the period | 9904 | €11,345 | -€51,777 | -€63,122 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,345 | -€51,777 | -€63,122 |
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 18 October 2026 via checked.be.