FASTRE Mark: 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.
FASTRE Mark
Largest movements
- Cash -€34,960
down €34,960 (-25.1%), from €139,163 to €104,203
mainly Contributions, distributions and other (-€86,724) and Net result for the year (-€26,332)
- Tangible fixed assets -€25,746
down €25,746 (-10.0%), from €258,365 to €232,620
of which Plant, machinery and equipment: -€21,222
- Current investments +€7,470
up €7,470 (+8.2%), from €91,224 to €98,694
- Reserves -€86,724
down €86,724 (-21.7%), from €400,345 to €313,621
of which Distributable reserves: -€86,724
- Other debts +€58,204
up €58,204 (+45.2%), from €128,761 to €186,965
- Profit (loss) carried forward -€26,332
down €26,332 (-50.8%), from -€51,857 to -€78,189
- Gross operating margin +€22,177
up €22,177, from -€18,167 to €4,009
- Other operating charges -€5,388
down €5,388 (-52.7%), from €10,227 to €4,839
- Depreciation -€1,783
down €1,783 (-6.5%), from €27,529 to €25,746
- Financial charges +€990
up €990 (+65.8%), from -€1,506 to -€516
- Financial income -€903
down €903 (-87.6%), from €1,031 to €128
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 | €521,020 | €467,847 | -€53,173 | -10.2% |
| Fixed assets | 21/28 | €258,405 | €232,660 | -€25,746 | -10.0% |
| Tangible fixed assets | 22/27 | €258,365 | €232,620 | -€25,746 | -10.0% |
| Land and buildings | 22 | €225,034 | €225,738 | +€704 | +0.3% |
| Plant, machinery and equipment | 23 | €23,834 | €2,612 | -€21,222 | -89.0% |
| Furniture and vehicles | 24 | €6,697 | €1,470 | -€5,227 | -78.1% |
| Other tangible fixed assets | 26 | €2,800 | €2,800 | = | 0.0% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €262,614 | €235,187 | -€27,427 | -10.4% |
| Stocks and contracts in progress | 3 | €6,286 | €5,257 | -€1,029 | -16.4% |
| Stocks | 30/36 | €6,286 | €5,257 | -€1,029 | -16.4% |
| Amounts receivable within one year | 40/41 | €15,455 | €19,234 | +€3,779 | +24.5% |
| Trade receivables | 40 | €15,455 | €18,552 | +€3,097 | +20.0% |
| Other amounts receivable | 41 | - | €682 | +€682 | |
| Current investments | 50/53 | €91,224 | €98,694 | +€7,470 | +8.2% |
| Cash at bank and in hand | 54/58 | €139,163 | €104,203 | -€34,960 | -25.1% |
| Deferred charges and accrued income | 490/1 | €10,486 | €7,800 | -€2,687 | -25.6% |
| Total equity and liabilities | 10/49 | €521,020 | €467,847 | -€53,173 | -10.2% |
| Equity | 10/15 | €367,488 | €254,432 | -€113,056 | -30.8% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €400,345 | €313,621 | -€86,724 | -21.7% |
| Non-distributable reserves | 130/1 | €13,659 | €13,659 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,659 | €13,659 | = | 0.0% |
| Distributable reserves | 133 | €386,687 | €299,963 | -€86,724 | -22.4% |
| Profit (loss) carried forward | 14 | -€51,857 | -€78,189 | -€26,332 | -50.8% |
| Amounts payable | 17/49 | €153,532 | €213,415 | +€59,883 | +39.0% |
| Amounts payable within one year | 42/48 | €138,998 | €196,494 | +€57,495 | +41.4% |
| Trade debts | 44 | €9,748 | €9,129 | -€618 | -6.3% |
| Suppliers | 440/4 | €9,748 | €9,129 | -€618 | -6.3% |
| Taxes, remuneration and social security | 45 | €489 | €399 | -€90 | -18.4% |
| Taxes | 450/3 | €489 | €399 | -€90 | -18.4% |
| Other amounts payable | 47/48 | €128,761 | €186,965 | +€58,204 | +45.2% |
| Accrued charges and deferred income | 492/3 | €14,533 | €16,921 | +€2,388 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,529 | €25,746 | -€1,783 | -6.5% |
| Other operating charges | 640/8 | €10,227 | €4,839 | -€5,388 | -52.7% |
| Gross operating margin | 9900 | -€18,167 | €4,009 | +€22,177 | |
| Operating profit (loss) | 9901 | -€55,924 | -€26,576 | +€29,348 | +52.5% |
| Financial income | 75/76B | €1,031 | €128 | -€903 | -87.6% |
| Recurring financial income | 75 | €1,031 | €128 | -€903 | -87.6% |
| Financial charges | 65/66B | -€1,506 | -€516 | +€990 | +65.8% |
| Recurring financial charges | 65 | -€1,506 | -€516 | +€990 | +65.8% |
| Profit (loss) for the period before taxes | 9903 | -€53,387 | -€25,933 | +€27,454 | +51.4% |
| Income taxes | 67/77 | €375 | €399 | +€24 | +6.3% |
| Profit (loss) for the period | 9904 | -€53,762 | -€26,332 | +€27,430 | +51.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,762 | -€26,332 | +€27,430 | +51.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.