FASTGOED: 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.
FASTGOED
Largest movements
- Tangible fixed assets +€1.4m
up €1.4m (+34.4%), from €4.1m to €5.5m
of which Land and buildings: +€1.4m
- Stocks and contracts -€427,426
down €427,426 (-33.9%), from €1.3m to €832,249
- Cash -€267,112
down €267,112 (-90.5%), from €295,129 to €28,017
mainly Investment in fixed assets (net) (-€1.6m) and Other debts (-€396,489)
- Receivables within one year +€251,761
up €251,761 (+1460.4%), from €17,239 to €269,000
of which Trade receivables: +€172,689
- Deferred charges and accrued income -€119,138
down €119,138 (-90.1%), from €132,238 to €13,100
- Debts after one year +€1.2m
up €1.2m (+35.4%), from €3.3m to €4.4m
- Other debts -€396,489
down €396,489 (-19.9%), from €2.0m to €1.6m
- Revaluation surpluses +€370,273
new in 2025: €370,273
- Profit (loss) carried forward -€214,826
down €214,826 (-90.7%), from -€236,950 to -€451,775
- Tax, wage and social debts -€196,580
down €196,580 (-90.1%), from €218,087 to €21,507
of which Taxes: -€197,183
- Gross operating margin +€93,622
up €93,622 (+86.9%), from €107,690 to €201,312
- Depreciation +€48,069
up €48,069 (+33.2%), from €144,743 to €192,811
- Staff costs +€23,577
up €23,577 (+61.0%), from €38,674 to €62,251
- Other operating charges +€14,779
up €14,779 (+114.6%), from €12,902 to €27,681
- Financial charges +€2,792
up €2,792 (+2.1%), from €132,239 to €135,030
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 | €5,776,890 | €6,616,222 | +€839,332 | +14.5% |
| Fixed assets | 21/28 | €4,072,608 | €5,473,856 | +€1.4m | +34.4% |
| Tangible fixed assets | 22/27 | €4,072,608 | €5,473,856 | +€1.4m | +34.4% |
| Land and buildings | 22 | €4,000,362 | €5,442,180 | +€1.4m | +36.0% |
| Plant, machinery and equipment | 23 | €3,865 | €2,763 | -€1,102 | -28.5% |
| Furniture and vehicles | 24 | €68,381 | €28,913 | -€39,469 | -57.7% |
| Current assets | 29/58 | €1,704,282 | €1,142,366 | -€561,916 | -33.0% |
| Stocks and contracts in progress | 3 | €1,259,675 | €832,249 | -€427,426 | -33.9% |
| Stocks | 30/36 | €1,259,675 | €832,249 | -€427,426 | -33.9% |
| Amounts receivable within one year | 40/41 | €17,239 | €269,000 | +€251,761 | +1460.4% |
| Trade receivables | 40 | €6,675 | €179,364 | +€172,689 | +2587.0% |
| Other amounts receivable | 41 | €10,564 | €89,636 | +€79,072 | +748.5% |
| Cash at bank and in hand | 54/58 | €295,129 | €28,017 | -€267,112 | -90.5% |
| Deferred charges and accrued income | 490/1 | €132,238 | €13,100 | -€119,138 | -90.1% |
| Total equity and liabilities | 10/49 | €5,776,890 | €6,616,222 | +€839,332 | +14.5% |
| Equity | 10/15 | €83,756 | €239,203 | +€155,447 | +185.6% |
| Contributions | 10/11 | €320,706 | €320,706 | = | 0.0% |
| Revaluation surpluses | 12 | - | €370,273 | +€370,273 | |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€236,950 | -€451,775 | -€214,826 | -90.7% |
| Amounts payable | 17/49 | €5,693,134 | €6,377,019 | +€683,885 | +12.0% |
| Amounts payable after more than one year | 17 | €3,271,866 | €4,431,612 | +€1.2m | +35.4% |
| Financial debts | 170/4 | €3,271,866 | €4,431,612 | +€1.2m | +35.4% |
| Amounts payable within one year | 42/48 | €2,405,799 | €1,945,402 | -€460,397 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €163,943 | €228,877 | +€64,934 | +39.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €32,277 | €100,014 | +€67,737 | +209.9% |
| Suppliers | 440/4 | €32,277 | €100,014 | +€67,737 | +209.9% |
| Taxes, remuneration and social security | 45 | €218,087 | €21,507 | -€196,580 | -90.1% |
| Taxes | 450/3 | €214,288 | €17,106 | -€197,183 | -92.0% |
| Remuneration and social security | 454/9 | €3,799 | €4,402 | +€603 | +15.9% |
| Other amounts payable | 47/48 | €1,991,492 | €1,595,003 | -€396,489 | -19.9% |
| Accrued charges and deferred income | 492/3 | €15,469 | €5 | -€15,464 | -100.0% |
| Non-recurring operating income | 76A | €321 | €0 | -€321 | -100.0% |
| Remuneration, social security and pensions | 62 | €38,674 | €62,251 | +€23,577 | +61.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,743 | €192,811 | +€48,069 | +33.2% |
| Other operating charges | 640/8 | €12,902 | €27,681 | +€14,779 | +114.6% |
| Gross operating margin | 9900 | €107,690 | €201,312 | +€93,622 | +86.9% |
| Operating profit (loss) | 9901 | -€88,629 | -€81,432 | +€7,198 | +8.1% |
| Financial income | 75/76B | €8 | €2,211 | +€2,203 | +27430.3% |
| Recurring financial income | 75 | €8 | €2,211 | +€2,203 | +27430.3% |
| Financial charges | 65/66B | €132,239 | €135,030 | +€2,792 | +2.1% |
| Recurring financial charges | 65 | €132,239 | €135,030 | +€2,792 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | -€220,860 | -€214,251 | +€6,609 | +3.0% |
| Income taxes | 67/77 | €998 | €574 | -€423 | -42.5% |
| Profit (loss) for the period | 9904 | -€221,858 | -€214,826 | +€7,032 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€221,858 | -€214,826 | +€7,032 | +3.2% |
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 11 October 2026 via checked.be.