Skip to content

FasterCAD: 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.

What changed

FasterCAD

BE 0635.918.637
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€18,941
2023 · -€2,415+€21,356
Equity
€21,626
2023 · €2,685+€18,941
Cash
€56,934
2023 · €9,045+€47,889
Balance sheet total
€69,617
2023 · €23,438+€46,179

Largest movements

2023 to 2024
Assets
  • Cash +€47,889

    up €47,889 (+529.5%), from €9,045 to €56,934

    mainly Tax, wage and social debts (+€28,473) and Net result for the year (+€18,941)

  • Receivables within one year -€934

    down €934 (-10.9%), from €8,601 to €7,667

  • Tangible fixed assets -€776

    down €776 (-13.4%), from €5,792 to €5,016

Equity and liabilities
  • Tax, wage and social debts +€28,473

    up €28,473 (+146.8%), from €19,390 to €47,863

  • Profit (loss) carried forward +€18,941

    up €18,941, from -€16,293 to €2,648

  • Trade debts -€1,235

    down €1,235 (-90.6%), from €1,363 to €128

Income statement
  • Gross operating margin +€29,324

    up €29,324 (+353.4%), from €8,297 to €37,621

  • Purchases and services -€19,834

    down €19,834 (-19.4%), from €102,033 to €82,199

  • Turnover +€18,600

    up €18,600 (+19.3%), from €96,611 to €115,211

  • Taxes +€10,529

    up €10,529 (+1101.4%), from €956 to €11,485

  • Other operating charges -€1,960

    down €1,960 (-34.8%), from €5,640 to €3,680

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€2,415
Gross operating margin +€29,324
Depreciation -€341
Other operating charges +€1,960
Other operating items +€421
Financial income -€9
Financial charges +€530
Taxes -€10,529
Result 2024 €18,941

Cash bridge derived

cash 2023 to 2024

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.

From operations +€49,977
Investment -€2,088
Financing €0
Cash 2023 €9,045
Net result for the year +€18,941
Depreciation +€2,864
Receivables within one year +€934
Trade debts -€1,235
Tax, wage and social debts +€28,473
Investment in fixed assets (net) -€2,088
Cash 2024 €56,934
Every line side by side 36 lines
Line Code 2023 2024 Change %
Total assets 20/58 €23,438 €69,617 +€46,179 +197.0%
Fixed assets 21/28 €5,792 €5,016 -€776 -13.4%
Tangible fixed assets 22/27 €5,792 €5,016 -€776 -13.4%
Furniture and vehicles 24 €5,792 €5,016 -€776 -13.4%
Current assets 29/58 €17,646 €64,601 +€46,955 +266.1%
Amounts receivable within one year 40/41 €8,601 €7,667 -€934 -10.9%
Other amounts receivable 41 €8,601 €7,667 -€934 -10.9%
Cash at bank and in hand 54/58 €9,045 €56,934 +€47,889 +529.5%
Total equity and liabilities 10/49 €23,438 €69,617 +€46,179 +197.0%
Equity 10/15 €2,685 €21,626 +€18,941 +705.4%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €378 €378 = 0.0%
Tax-exempt reserves 132 €378 €378 = 0.0%
Profit (loss) carried forward 14 -€16,293 €2,648 +€18,941
Amounts payable 17/49 €20,753 €47,991 +€27,238 +131.2%
Amounts payable within one year 42/48 €20,753 €47,991 +€27,238 +131.2%
Trade debts 44 €1,363 €128 -€1,235 -90.6%
Suppliers 440/4 €1,363 €128 -€1,235 -90.6%
Taxes, remuneration and social security 45 €19,390 €47,863 +€28,473 +146.8%
Taxes 450/3 €19,390 €47,863 +€28,473 +146.8%
Turnover 70 €96,611 €115,211 +€18,600 +19.3%
Non-recurring operating income 76A €13,698 €4,609 -€9,089 -66.4%
Goods, raw materials, services and sundry goods 60/61 €102,033 €82,199 -€19,834 -19.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,523 €2,864 +€341 +13.5%
Other operating charges 640/8 €5,640 €3,680 -€1,960 -34.8%
Non-recurring operating charges 66A €421 - -€421
Gross operating margin 9900 €8,297 €37,621 +€29,324 +353.4%
Operating profit (loss) 9901 -€287 €31,077 +€31,364
Financial income 75/76B €9 - -€9
Recurring financial income 75 €9 - -€9
Financial charges 65/66B €1,181 €651 -€530 -44.9%
Recurring financial charges 65 €1,181 €651 -€530 -44.9%
Profit (loss) for the period before taxes 9903 -€1,459 €30,426 +€31,885
Income taxes 67/77 €956 €11,485 +€10,529 +1101.4%
Profit (loss) for the period 9904 -€2,415 €18,941 +€21,356
Profit (loss) for the period to be appropriated 9905 -€2,415 €18,941 +€21,356

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.