Fastback: 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.
Fastback
Largest movements
- Receivables within one year +€852,290
up €852,290 (+215.3%), from €395,926 to €1.2m
- Cash +€280,229
up €280,229 (+102.5%), from €273,509 to €553,737
- Receivables after one year +€200,274
up €200,274 (+7.9%), from €2.5m to €2.7m
- Profit (loss) carried forward +€862,837
up €862,837 (+32.5%), from €2.7m to €3.5m
- Tax, wage and social debts +€596,074
up €596,074 (+134.1%), from €444,582 to €1.0m
of which Taxes: +€506,374
- Debts after one year -€215,663
no longer reported in 2024 (was €215,663)
- Trade debts +€128,584
up €128,584 (+100.8%), from €127,589 to €256,173
- Current portion of long-term debt -€89,930
no longer reported in 2024 (was €89,930)
- Gross operating margin +€2.6m
up €2.6m (+84.5%), from €3.1m to €5.8m
- Staff costs +€770,252
up €770,252 (+77.2%), from €997,569 to €1.8m
- Taxes +€525,373
up €525,373 (+99.8%), from €526,404 to €1.1m
- Financial income +€181,166
up €181,166 (+820.3%), from €22,086 to €203,252
- Depreciation +€119,084
up €119,084 (+199.9%), from €59,572 to €178,656
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.
Cash bridge derived
A cash bridge needs two consecutive fiscal 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,689,375 | €5,990,103 | +€1.3m | +27.7% |
| Fixed assets | 21/28 | €1,485,605 | €1,447,163 | -€38,442 | -2.6% |
| Intangible fixed assets | 21 | €317,180 | €324,841 | +€7,661 | +2.4% |
| Tangible fixed assets | 22/27 | €568,300 | €522,197 | -€46,103 | -8.1% |
| Land and buildings | 22 | €457,166 | €428,142 | -€29,025 | -6.3% |
| Plant, machinery and equipment | 23 | €9,962 | €6,686 | -€3,275 | -32.9% |
| Furniture and vehicles | 24 | €101,172 | €87,369 | -€13,803 | -13.6% |
| Financial fixed assets | 28 | €600,125 | €600,125 | = | 0.0% |
| Current assets | 29/58 | €3,203,770 | €4,542,940 | +€1.3m | +41.8% |
| Amounts receivable after more than one year | 29 | €2,520,690 | €2,720,964 | +€200,274 | +7.9% |
| Trade receivables | 290 | €2,520,690 | €2,720,964 | +€200,274 | +7.9% |
| Amounts receivable within one year | 40/41 | €395,926 | €1,248,215 | +€852,290 | +215.3% |
| Trade receivables | 40 | €395,926 | €1,248,215 | +€852,290 | +215.3% |
| Cash at bank and in hand | 54/58 | €273,509 | €553,737 | +€280,229 | +102.5% |
| Deferred charges and accrued income | 490/1 | €13,645 | €20,023 | +€6,377 | +46.7% |
| Total equity and liabilities | 10/49 | €4,689,375 | €5,990,103 | +€1.3m | +27.7% |
| Equity | 10/15 | €3,538,900 | €4,400,098 | +€861,198 | +24.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €848,747 | €848,747 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €846,887 | €848,747 | +€1,860 | +0.2% |
| Profit (loss) carried forward | 14 | €2,654,812 | €3,517,649 | +€862,837 | +32.5% |
| Investment grants | 15 | €16,740 | €15,101 | -€1,639 | -9.8% |
| Amounts payable | 17/49 | €1,150,475 | €1,590,005 | +€439,530 | +38.2% |
| Amounts payable after more than one year | 17 | €215,663 | - | -€215,663 | |
| Financial debts | 170/4 | €215,663 | - | -€215,663 | |
| Amounts payable within one year | 42/48 | €934,812 | €1,590,005 | +€655,193 | +70.1% |
| Current portion of amounts payable after more than one year | 42 | €89,930 | - | -€89,930 | |
| Trade debts | 44 | €127,589 | €256,173 | +€128,584 | +100.8% |
| Suppliers | 440/4 | €127,589 | €256,173 | +€128,584 | +100.8% |
| Taxes, remuneration and social security | 45 | €444,582 | €1,040,656 | +€596,074 | +134.1% |
| Taxes | 450/3 | €317,797 | €824,171 | +€506,374 | +159.3% |
| Remuneration and social security | 454/9 | €126,785 | €216,485 | +€89,700 | +70.7% |
| Other amounts payable | 47/48 | €272,711 | €293,176 | +€20,466 | +7.5% |
| Non-recurring operating income | 76A | €7,205 | €400 | -€6,805 | -94.4% |
| Remuneration, social security and pensions | 62 | €997,569 | €1,767,821 | +€770,252 | +77.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,572 | €178,656 | +€119,084 | +199.9% |
| Other operating charges | 640/8 | €7,515 | €14,946 | +€7,431 | +98.9% |
| Non-recurring operating charges | 66A | €2,572 | - | -€2,572 | |
| Gross operating margin | 9900 | €3,119,916 | €5,756,440 | +€2.6m | +84.5% |
| Operating profit (loss) | 9901 | €2,052,689 | €3,795,018 | +€1.7m | +84.9% |
| Financial income | 75/76B | €22,086 | €203,252 | +€181,166 | +820.3% |
| Recurring financial income | 75 | €22,086 | €203,252 | +€181,166 | +820.3% |
| Financial charges | 65/66B | €17,432 | €46,657 | +€29,225 | +167.7% |
| Recurring financial charges | 65 | €17,432 | €46,657 | +€29,225 | +167.7% |
| Profit (loss) for the period before taxes | 9903 | €2,057,343 | €3,951,614 | +€1.9m | +92.1% |
| Income taxes | 67/77 | €526,404 | €1,051,777 | +€525,373 | +99.8% |
| Profit (loss) for the period | 9904 | €1,530,939 | €2,899,837 | +€1.4m | +89.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,530,939 | €2,899,837 | +€1.4m | +89.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.