FASTNAM: 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.
FASTNAM
Largest movements
- Tangible fixed assets -€22,447
down €22,447 (-2.6%), from €873,604 to €851,157
- Debts after one year -€110,586
down €110,586 (-3.8%), from €2.9m to €2.8m
- Current portion of long-term debt +€30,626
up €30,626 (+38.3%), from €79,960 to €110,586
- Profit (loss) carried forward +€28,688
up €28,688 (+1.2%), from -€2.5m to -€2.4m
- Other debts +€24,706
up €24,706 (+7.9%), from €311,453 to €336,159
- Gross operating margin +€25,291
up €25,291 (+18.7%), from €135,187 to €160,478
- Depreciation +€9,978
up €9,978 (+80.0%), from €12,469 to €22,447
- Other operating charges -€6,290
no longer reported in 2025 (was €6,290)
- Financial charges +€2,173
up €2,173 (+2.0%), from €107,170 to €109,343
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 | €904,761 | €878,195 | -€26,566 | -2.9% |
| Fixed assets | 21/28 | €873,604 | €851,157 | -€22,447 | -2.6% |
| Tangible fixed assets | 22/27 | €873,604 | €851,157 | -€22,447 | -2.6% |
| Land and buildings | 22 | €873,604 | €851,157 | -€22,447 | -2.6% |
| Current assets | 29/58 | €31,157 | €27,038 | -€4,119 | -13.2% |
| Amounts receivable within one year | 40/41 | €2,503 | €438 | -€2,065 | -82.5% |
| Trade receivables | 40 | €2,031 | - | -€2,031 | |
| Other amounts receivable | 41 | €472 | €438 | -€34 | -7.2% |
| Cash at bank and in hand | 54/58 | €28,654 | €26,600 | -€2,054 | -7.2% |
| Total equity and liabilities | 10/49 | €904,761 | €878,195 | -€26,566 | -2.9% |
| Equity | 10/15 | -€2,406,692 | -€2,378,004 | +€28,688 | +1.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Capital | 10 | €50,000 | €50,000 | = | 0.0% |
| Issued capital | 100 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,456,692 | -€2,428,004 | +€28,688 | +1.2% |
| Amounts payable | 17/49 | €3,311,453 | €3,256,199 | -€55,254 | -1.7% |
| Amounts payable after more than one year | 17 | €2,920,040 | €2,809,454 | -€110,586 | -3.8% |
| Financial debts | 170/4 | €2,920,040 | €2,809,454 | -€110,586 | -3.8% |
| Amounts payable within one year | 42/48 | €391,413 | €446,745 | +€55,332 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €79,960 | €110,586 | +€30,626 | +38.3% |
| Other amounts payable | 47/48 | €311,453 | €336,159 | +€24,706 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,469 | €22,447 | +€9,978 | +80.0% |
| Other operating charges | 640/8 | €6,290 | - | -€6,290 | |
| Non-recurring operating charges | 66A | €2,090,052 | - | -€2.1m | |
| Gross operating margin | 9900 | €135,187 | €160,478 | +€25,291 | +18.7% |
| Operating profit (loss) | 9901 | -€1,973,624 | €138,031 | +€2.1m | |
| Financial charges | 65/66B | €107,170 | €109,343 | +€2,173 | +2.0% |
| Recurring financial charges | 65 | €107,170 | €109,343 | +€2,173 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,080,794 | €28,688 | +€2.1m | |
| Profit (loss) for the period | 9904 | -€2,080,794 | €28,688 | +€2.1m | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,080,794 | €28,688 | +€2.1m |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.