HYPERFAST: what changed
What changed
HYPERFAST
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
filed annual accounts (NBB)
Net result for the year
-€495,774
2024 · €295,998-€791,773
Equity
-€318,587
2024 · €177,188-€495,774
Cash
€3.7m
2024 · €91,406+€3.6m
Balance sheet total
€16.9m
2024 · €5.7m+€11.1m
Largest movements
Assets
- Tangible fixed assets +€7.6m
up €7.6m (+156%), from €4.9m to €12.4m
of which Assets under construction and advance payments: +€5.5m
- Cash +€3.6m
up €3.6m (+3,930%), from €91,406 to €3.7m
mainly Debts after one year (+€5.8m) and Other debts (+€2.7m)
- Financial fixed assets -€187,826
down €187,826 (-100%), from €187,826 to €0
Equity and liabilities
- Debts after one year +€5.8m
new in 2025: €5.8m
- Other debts +€2.7m
up €2.7m (+59.1%), from €4.6m to €7.4m
- Trade debts +€2.1m
up €2.1m (+237%), from €893,096 to €3.0m
- Current portion of long-term debt +€955,554
new in 2025: €955,554
- Profit (loss) carried forward -€495,774
down €495,774, from €12,188 to -€483,587
Income statement
- Depreciation +€293,113
up €293,113 (+104%), from €282,981 to €576,094
- Financial charges +€215,378
up €215,378 (+127%), from €170,076 to €385,454
of which Financial charges: +€215,378
- Taxes -€152,536
down €152,536, from €97,463 to -€55,072
- Gross operating margin -€152,281
down €152,281 (-18.0%), from €846,988 to €694,707
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€295,998
Gross operating margin
-€152,281
Depreciation
-€293,113
Other operating charges
-€3,167
Other operating items
-€280,003
Financial income
-€366
Financial charges
-€215,378
Taxes
+€152,536
Result 2025
-€495,774
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€4.8m
Investment
-€7.9m
Financing
+€6.8m
Cash 2024
€91,406
From operations (derived)
+€4.8m
Net result for the year
-€495,774
Depreciation
+€576,094
Receivables within one year
-€140,147
Smaller working-capital items
-€21,935
Trade debts
+€2.1m
Other debts
+€2.7m
Investment (derived)
-€7.9m
Investment in fixed assets (net)
-€7.9m
Financing
+€6.8m
Debts after one year
+€5.8m
Current portion of long-term debt
+€955,554
Cash 2025
€3.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,739,995 | €16,856,579 | +€11.1m | +194% |
| Fixed assets | 21/28 | €5,042,631 | €12,412,389 | +€7.4m | +146% |
| Intangible fixed assets | 21 | €3,800 | €3,000 | -€800 | -21.1% |
| Tangible fixed assets | 22/27 | €4,851,005 | €12,409,389 | +€7.6m | +156% |
| Plant, machinery and equipment | 23 | €3,219,178 | €5,266,836 | +€2.0m | +63.6% |
| Assets under construction and advance payments | 27 | €1,631,826 | €7,142,552 | +€5.5m | +338% |
| Financial fixed assets | 28 | €187,826 | €0 | -€187,826 | -100% |
| Current assets | 29/58 | €697,364 | €4,444,190 | +€3.7m | +537% |
| Amounts receivable within one year | 40/41 | €597,558 | €737,706 | +€140,147 | +23.5% |
| Trade receivables | 40 | €583,715 | €534,254 | -€49,461 | -8.5% |
| Other amounts receivable | 41 | €13,843 | €203,452 | +€189,609 | +1,370% |
| Cash at bank and in hand | 54/58 | €91,406 | €3,683,839 | +€3.6m | +3,930% |
| Deferred charges and accrued income | 490/1 | €8,400 | €22,646 | +€14,246 | +170% |
| Total equity and liabilities | 10/49 | €5,739,995 | €16,856,579 | +€11.1m | +194% |
| Equity | 10/15 | €177,188 | -€318,587 | -€495,774 | |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,188 | -€483,587 | -€495,774 | |
| Amounts payable | 17/49 | €5,562,807 | €17,175,165 | +€11.6m | +209% |
| Amounts payable after more than one year | 17 | - | €5,801,465 | +€5.8m | |
| Financial debts | 170/4 | - | €5,801,465 | +€5.8m | |
| Amounts payable within one year | 42/48 | €5,562,807 | €11,373,700 | +€5.8m | +104% |
| Current portion of amounts payable after more than one year | 42 | - | €955,554 | +€955,554 | |
| Trade debts | 44 | €893,096 | €3,010,611 | +€2.1m | +237% |
| Suppliers | 440/4 | €893,096 | €3,010,611 | +€2.1m | +237% |
| Taxes, remuneration and social security | 45 | €20,536 | €12,848 | -€7,689 | -37.4% |
| Taxes | 450/3 | €20,536 | €12,848 | -€7,689 | -37.4% |
| Other amounts payable | 47/48 | €4,649,175 | €7,394,687 | +€2.7m | +59.1% |
| Non-recurring operating income | 76A | - | €13,926 | +€13,926 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €282,981 | €576,094 | +€293,113 | +104% |
| Other operating charges | 640/8 | €827 | €3,994 | +€3,167 | +383% |
| Non-recurring operating charges | 66A | €10 | €280,013 | +€280,003 | +2,871,828% |
| Gross operating margin | 9900 | €846,988 | €694,707 | -€152,281 | -18.0% |
| Operating profit (loss) | 9901 | €563,170 | -€165,393 | -€728,564 | |
| Financial income | 75/76B | €367 | €0 | -€366 | -99.9% |
| Recurring financial income | 75 | €367 | €0 | -€366 | -99.9% |
| Financial charges | 65/66B | €170,076 | €385,454 | +€215,378 | +127% |
| Recurring financial charges | 65 | €170,076 | €385,454 | +€215,378 | +127% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €393,462 | -€550,847 | -€944,309 | |
| Income taxes | 67/77 | €97,463 | -€55,072 | -€152,536 | |
| Profit (loss) for the period | 9904 | €295,998 | -€495,774 | -€791,773 | |
| Profit (loss) for the period to be appropriated | 9905 | €295,998 | -€495,774 | -€791,773 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.