GO FAST LOGISTICS: 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.
GO FAST LOGISTICS
Largest movements
- Receivables within one year -€80,961
down €80,961 (-37.5%), from €215,960 to €134,999
of which Trade receivables: -€56,319
- Tangible fixed assets -€72,761
down €72,761 (-10.2%), from €712,858 to €640,097
of which Leasing and similar rights: -€99,294
- Deferred charges and accrued income +€22,814
up €22,814 (+23.6%), from €96,526 to €119,340
- Cash -€21,109
down €21,109 (-37.6%), from €56,128 to €35,018
mainly Debts after one year (-€132,787) and Investment in fixed assets (net) (-€65,635)
- Debts after one year -€132,787
down €132,787 (-37.6%), from €353,053 to €220,265
- Reserves +€13,885
up €13,885 (+5.4%), from €256,334 to €270,218
- Trade debts -€11,351
down €11,351 (-13.1%), from €86,742 to €75,391
- Gross operating margin -€48,735
down €48,735 (-10.5%), from €464,472 to €415,737
- Staff costs -€34,234
down €34,234 (-14.9%), from €230,474 to €196,240
- Depreciation -€10,915
down €10,915 (-7.3%), from €149,311 to €138,396
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 | €1,115,472 | €963,455 | -€152,018 | -13.6% |
| Fixed assets | 21/28 | €746,858 | €674,097 | -€72,761 | -9.7% |
| Tangible fixed assets | 22/27 | €712,858 | €640,097 | -€72,761 | -10.2% |
| Plant, machinery and equipment | 23 | €62,999 | €95,327 | +€32,328 | +51.3% |
| Furniture and vehicles | 24 | €42,333 | €36,537 | -€5,796 | -13.7% |
| Leasing and similar rights | 25 | €607,527 | €508,233 | -€99,294 | -16.3% |
| Financial fixed assets | 28 | €34,000 | €34,000 | = | 0.0% |
| Current assets | 29/58 | €368,614 | €289,358 | -€79,256 | -21.5% |
| Amounts receivable within one year | 40/41 | €215,960 | €134,999 | -€80,961 | -37.5% |
| Trade receivables | 40 | €135,727 | €79,408 | -€56,319 | -41.5% |
| Other amounts receivable | 41 | €80,233 | €55,591 | -€24,642 | -30.7% |
| Cash at bank and in hand | 54/58 | €56,128 | €35,018 | -€21,109 | -37.6% |
| Deferred charges and accrued income | 490/1 | €96,526 | €119,340 | +€22,814 | +23.6% |
| Total equity and liabilities | 10/49 | €1,115,472 | €963,455 | -€152,018 | -13.6% |
| Equity | 10/15 | €370,301 | €384,186 | +€13,885 | +3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €256,334 | €270,218 | +€13,885 | +5.4% |
| Distributable reserves | 133 | €256,334 | €270,218 | +€13,885 | +5.4% |
| Profit (loss) carried forward | 14 | €95,367 | €95,367 | = | 0.0% |
| Amounts payable | 17/49 | €745,171 | €579,269 | -€165,902 | -22.3% |
| Amounts payable after more than one year | 17 | €353,053 | €220,265 | -€132,787 | -37.6% |
| Financial debts | 170/4 | €353,053 | €220,265 | -€132,787 | -37.6% |
| Amounts payable within one year | 42/48 | €385,760 | €359,004 | -€26,756 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €185,636 | €184,943 | -€693 | -0.4% |
| Trade debts | 44 | €86,742 | €75,391 | -€11,351 | -13.1% |
| Suppliers | 440/4 | €86,742 | €75,391 | -€11,351 | -13.1% |
| Taxes, remuneration and social security | 45 | €83,029 | €72,772 | -€10,257 | -12.4% |
| Taxes | 450/3 | €53,452 | €40,604 | -€12,848 | -24.0% |
| Remuneration and social security | 454/9 | €29,577 | €32,168 | +€2,590 | +8.8% |
| Other amounts payable | 47/48 | €30,353 | €25,898 | -€4,455 | -14.7% |
| Accrued charges and deferred income | 492/3 | €6,359 | - | -€6,359 | |
| Remuneration, social security and pensions | 62 | €230,474 | €196,240 | -€34,234 | -14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149,311 | €138,396 | -€10,915 | -7.3% |
| Other operating charges | 640/8 | €24,717 | €24,153 | -€565 | -2.3% |
| Gross operating margin | 9900 | €464,472 | €415,737 | -€48,735 | -10.5% |
| Operating profit (loss) | 9901 | €59,970 | €56,949 | -€3,022 | -5.0% |
| Financial income | 75/76B | €78 | €326 | +€248 | +318% |
| Recurring financial income | 75 | €78 | €326 | +€248 | +318% |
| Financial charges | 65/66B | €39,613 | €35,829 | -€3,784 | -9.6% |
| Recurring financial charges | 65 | €39,613 | €35,829 | -€3,784 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €20,436 | €21,446 | +€1,010 | +4.9% |
| Income taxes | 67/77 | €9,267 | €7,561 | -€1,706 | -18.4% |
| Profit (loss) for the period | 9904 | €11,169 | €13,885 | +€2,716 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,169 | €13,885 | +€2,716 | +24.3% |
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 18 October 2026 via checked.be.