FASTLINE: 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.
FASTLINE
Largest movements
- Receivables within one year +€196,646
up €196,646 (+63.5%), from €309,558 to €506,204
of which Trade receivables: +€183,159
- Tangible fixed assets -€164,055
down €164,055 (-28.4%), from €576,670 to €412,615
of which Leasing and similar rights: -€93,989
- Reserves -€97,373
down €97,373 (-53.5%), from €182,132 to €84,759
of which Distributable reserves: -€97,373
- Trade debts +€88,718
up €88,718 (+38.9%), from €228,173 to €316,891
- Other debts +€68,770
new in 2025: €68,770
- Debts after one year -€66,066
down €66,066 (-24.1%), from €273,713 to €207,647
- Short-term financial debts +€61,000
up €61,000 (+210%), from €29,000 to €90,000
- Gross operating margin +€158,905
up €158,905 (+42.6%), from €372,693 to €531,598
- Staff costs +€143,957
up €143,957 (+95.0%), from €151,544 to €295,501
- Other operating charges +€63,136
up €63,136 (+1,886%), from €3,348 to €66,484
- Depreciation -€39,385
down €39,385 (-21.7%), from €181,359 to €141,974
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 | €909,914 | €949,027 | +€39,113 | +4.3% |
| Fixed assets | 21/28 | €576,670 | €412,615 | -€164,055 | -28.4% |
| Tangible fixed assets | 22/27 | €576,670 | €412,615 | -€164,055 | -28.4% |
| Land and buildings | 22 | - | €4,626 | +€4,626 | |
| Plant, machinery and equipment | 23 | - | €4,477 | +€4,477 | |
| Furniture and vehicles | 24 | €184,759 | €105,590 | -€79,169 | -42.8% |
| Leasing and similar rights | 25 | €391,911 | €297,922 | -€93,989 | -24.0% |
| Current assets | 29/58 | €333,244 | €536,412 | +€203,168 | +61.0% |
| Amounts receivable within one year | 40/41 | €309,558 | €506,204 | +€196,646 | +63.5% |
| Trade receivables | 40 | €232,943 | €416,102 | +€183,159 | +78.6% |
| Other amounts receivable | 41 | €76,615 | €90,102 | +€13,487 | +17.6% |
| Cash at bank and in hand | 54/58 | €1,484 | €109 | -€1,375 | -92.7% |
| Deferred charges and accrued income | 490/1 | €22,202 | €30,099 | +€7,897 | +35.6% |
| Total equity and liabilities | 10/49 | €909,914 | €949,027 | +€39,113 | +4.3% |
| Equity | 10/15 | €200,732 | €103,359 | -€97,373 | -48.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €182,132 | €84,759 | -€97,373 | -53.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €180,272 | €82,899 | -€97,373 | -54.0% |
| Amounts payable | 17/49 | €709,182 | €845,668 | +€136,486 | +19.2% |
| Amounts payable after more than one year | 17 | €273,713 | €207,647 | -€66,066 | -24.1% |
| Financial debts | 170/4 | €273,713 | €207,647 | -€66,066 | -24.1% |
| Amounts payable within one year | 42/48 | €435,469 | €638,021 | +€202,552 | +46.5% |
| Current portion of amounts payable after more than one year | 42 | €100,006 | €96,039 | -€3,967 | -4.0% |
| Financial debts | 43 | €29,000 | €90,000 | +€61,000 | +210% |
| Credit institutions | 430/8 | €29,000 | €90,000 | +€61,000 | +210% |
| Trade debts | 44 | €228,173 | €316,891 | +€88,718 | +38.9% |
| Suppliers | 440/4 | €228,173 | €316,891 | +€88,718 | +38.9% |
| Taxes, remuneration and social security | 45 | €78,290 | €66,321 | -€11,969 | -15.3% |
| Taxes | 450/3 | €49,476 | €24,835 | -€24,641 | -49.8% |
| Remuneration and social security | 454/9 | €28,814 | €41,486 | +€12,672 | +44.0% |
| Other amounts payable | 47/48 | - | €68,770 | +€68,770 | |
| Remuneration, social security and pensions | 62 | €151,544 | €295,501 | +€143,957 | +95.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €181,359 | €141,974 | -€39,385 | -21.7% |
| Other operating charges | 640/8 | €3,348 | €66,484 | +€63,136 | +1,886% |
| Gross operating margin | 9900 | €372,693 | €531,598 | +€158,905 | +42.6% |
| Operating profit (loss) | 9901 | €36,442 | €27,639 | -€8,803 | -24.2% |
| Financial income | 75/76B | €50 | €1,672 | +€1,622 | +3,244% |
| Recurring financial income | 75 | €50 | €1,672 | +€1,622 | +3,244% |
| Financial charges | 65/66B | €16,353 | €20,706 | +€4,353 | +26.6% |
| Recurring financial charges | 65 | €16,353 | €20,706 | +€4,353 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | €20,139 | €8,605 | -€11,534 | -57.3% |
| Income taxes | 67/77 | €5,847 | €5,740 | -€107 | -1.8% |
| Profit (loss) for the period | 9904 | €14,292 | €2,865 | -€11,427 | -80.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,292 | €2,865 | -€11,427 | -80.0% |
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 15 October 2026 via checked.be.