FASTRAL: 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.
FASTRAL
Largest movements
- Receivables within one year +€491,758
up €491,758 (+15.9%), from €3.1m to €3.6m
of which Trade receivables: +€468,891
- Tangible fixed assets -€280,181
down €280,181 (-43.4%), from €645,258 to €365,076
of which Plant, machinery and equipment: -€187,672
- Cash -€232,321
down €232,321 (-24.2%), from €961,641 to €729,319
mainly Receivables within one year (-€491,758) and Debts after one year (-€171,911)
- Short-term financial debts +€203,702
up €203,702 (+14.5%), from €1.4m to €1.6m
- Debts after one year -€171,911
down €171,911 (-82.1%), from €209,329 to €37,418
- Current portion of long-term debt -€110,154
down €110,154 (-39.1%), from €282,065 to €171,911
- Other debts -€75,069
down €75,069 (-49.4%), from €151,999 to €76,930
- Trade debts +€72,747
up €72,747 (+2.4%), from €3.0m to €3.1m
- Staff costs +€130,451
up €130,451 (+5.8%), from €2.2m to €2.4m
- Depreciation -€112,988
down €112,988 (-27.3%), from €413,541 to €300,553
- Gross operating margin -€88,429
down €88,429 (-3.0%), from €3.0m to €2.9m
- Write-downs -€42,666
no longer reported in 2024 (was €42,666)
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
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,822,451 | €6,819,986 | -€2,465 | 0.0% |
| Fixed assets | 21/28 | €645,258 | €365,076 | -€280,181 | -43.4% |
| Tangible fixed assets | 22/27 | €645,258 | €365,076 | -€280,181 | -43.4% |
| Land and buildings | 22 | €72,578 | €72,578 | = | 0.0% |
| Plant, machinery and equipment | 23 | €291,220 | €103,549 | -€187,672 | -64.4% |
| Furniture and vehicles | 24 | €26,478 | €22,333 | -€4,144 | -15.7% |
| Leasing and similar rights | 25 | €117,978 | €73,808 | -€44,171 | -37.4% |
| Other tangible fixed assets | 26 | €136,059 | €92,150 | -€43,909 | -32.3% |
| Assets under construction and advance payments | 27 | €944 | €659 | -€285 | -30.2% |
| Current assets | 29/58 | €6,177,193 | €6,454,910 | +€277,717 | +4.5% |
| Stocks and contracts in progress | 3 | €2,107,494 | €2,130,975 | +€23,481 | +1.1% |
| Stocks | 30/36 | €1,596,894 | €1,708,875 | +€111,982 | +7.0% |
| Contracts in progress | 37 | €510,600 | €422,100 | -€88,501 | -17.3% |
| Amounts receivable within one year | 40/41 | €3,097,023 | €3,588,781 | +€491,758 | +15.9% |
| Trade receivables | 40 | €2,879,920 | €3,348,811 | +€468,891 | +16.3% |
| Other amounts receivable | 41 | €217,103 | €239,970 | +€22,867 | +10.5% |
| Cash at bank and in hand | 54/58 | €961,641 | €729,319 | -€232,321 | -24.2% |
| Deferred charges and accrued income | 490/1 | €11,036 | €5,835 | -€5,201 | -47.1% |
| Total equity and liabilities | 10/49 | €6,822,451 | €6,819,986 | -€2,465 | 0.0% |
| Equity | 10/15 | €1,313,010 | €1,319,708 | +€6,698 | +0.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,178,418 | €1,185,116 | +€6,698 | +0.6% |
| Distributable reserves | 133 | €1,178,418 | €1,185,116 | +€6,698 | +0.6% |
| Investment grants | 15 | €116,000 | €116,000 | = | 0.0% |
| Amounts payable | 17/49 | €5,509,441 | €5,500,278 | -€9,163 | -0.2% |
| Amounts payable after more than one year | 17 | €209,329 | €37,418 | -€171,911 | -82.1% |
| Financial debts | 170/4 | €209,329 | €37,418 | -€171,911 | -82.1% |
| Amounts payable within one year | 42/48 | €5,291,459 | €5,457,421 | +€165,963 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €282,065 | €171,911 | -€110,154 | -39.1% |
| Financial debts | 43 | €1,406,380 | €1,610,082 | +€203,702 | +14.5% |
| Credit institutions | 430/8 | €1,406,380 | €1,610,082 | +€203,702 | +14.5% |
| Trade debts | 44 | €2,997,365 | €3,070,112 | +€72,747 | +2.4% |
| Suppliers | 440/4 | €2,997,365 | €3,070,112 | +€72,747 | +2.4% |
| Advances received on contracts in progress | 46 | €163,005 | €233,215 | +€70,210 | +43.1% |
| Taxes, remuneration and social security | 45 | €290,645 | €295,172 | +€4,527 | +1.6% |
| Taxes | 450/3 | €62,826 | €53,799 | -€9,027 | -14.4% |
| Remuneration and social security | 454/9 | €227,819 | €241,373 | +€13,553 | +5.9% |
| Other amounts payable | 47/48 | €151,999 | €76,930 | -€75,069 | -49.4% |
| Accrued charges and deferred income | 492/3 | €8,652 | €5,438 | -€3,214 | -37.1% |
| Non-recurring operating income | 76A | €85 | €725 | +€641 | +758.2% |
| Remuneration, social security and pensions | 62 | €2,241,988 | €2,372,439 | +€130,451 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €413,541 | €300,553 | -€112,988 | -27.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €42,666 | - | -€42,666 | |
| Other operating charges | 640/8 | €32,702 | €30,061 | -€2,641 | -8.1% |
| Non-recurring operating charges | 66A | €24,148 | €0 | -€24,148 | -100.0% |
| Gross operating margin | 9900 | €2,982,748 | €2,894,319 | -€88,429 | -3.0% |
| Operating profit (loss) | 9901 | €227,702 | €191,266 | -€36,437 | -16.0% |
| Financial income | 75/76B | €4,174 | - | -€4,174 | |
| Recurring financial income | 75 | €4,174 | - | -€4,174 | |
| Financial charges | 65/66B | €171,326 | €162,939 | -€8,387 | -4.9% |
| Recurring financial charges | 65 | €171,326 | €162,939 | -€8,387 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €60,550 | €28,327 | -€32,223 | -53.2% |
| Income taxes | 67/77 | €28,789 | €21,629 | -€7,159 | -24.9% |
| Profit (loss) for the period | 9904 | €31,761 | €6,698 | -€25,064 | -78.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,761 | €6,698 | -€25,064 | -78.9% |
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 7 October 2026 via checked.be.