Fastback: what changed
What changed
Fastback
NACE 62.200, Computer consultancy and computer facilities management
not consecutivefiled annual accounts (NBB)
Net result for the year
€2.9m
2023 · €1.5m+€1.4m
Equity
€4.4m
2023 · €3.5m+€861,198
Cash
€553,737
2023 · €273,509+€280,229
Balance sheet total
€6.0m
2023 · €4.7m+€1.3m
Largest movements
Assets
- Receivables within one year +€852,290
up €852,290 (+215%), from €395,926 to €1.2m
- Cash +€280,229
up €280,229 (+102%), from €273,509 to €553,737
- Receivables after one year +€200,274
up €200,274 (+7.9%), from €2.5m to €2.7m
Equity and liabilities
- Profit (loss) carried forward +€862,837
up €862,837 (+32.5%), from €2.7m to €3.5m
- Tax, wage and social debts +€596,074
up €596,074 (+134%), from €444,582 to €1.0m
of which Taxes: +€506,374
- Debts after one year -€215,663
no longer reported in 2024 (was €215,663)
- Trade debts +€128,584
up €128,584 (+101%), from €127,589 to €256,173
- Current portion of long-term debt -€89,930
no longer reported in 2024 (was €89,930)
Income statement
- Gross operating margin +€2.6m
up €2.6m (+84.5%), from €3.1m to €5.8m
- Staff costs +€770,252
up €770,252 (+77.2%), from €997,569 to €1.8m
- Taxes +€525,373
up €525,373 (+99.8%), from €526,404 to €1.1m
- Financial income +€181,166
up €181,166 (+820%), from €22,086 to €203,252
- Depreciation +€119,084
up €119,084 (+200%), from €59,572 to €178,656
Change in the result, 2023 to 2024
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 2023
€1.5m
Gross operating margin
+€2.6m
Staff costs
-€770,252
Depreciation
-€119,084
Other operating charges
-€7,431
Other operating items
+€2,572
Financial income
+€181,166
Financial charges
-€29,225
Taxes
-€525,373
Result 2024
€2.9m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,689,375 | €5,990,103 | +€1.3m | +27.7% |
| Fixed assets | 21/28 | €1,485,605 | €1,447,163 | -€38,442 | -2.6% |
| Intangible fixed assets | 21 | €317,180 | €324,841 | +€7,661 | +2.4% |
| Tangible fixed assets | 22/27 | €568,300 | €522,197 | -€46,103 | -8.1% |
| Land and buildings | 22 | €457,166 | €428,142 | -€29,025 | -6.3% |
| Plant, machinery and equipment | 23 | €9,962 | €6,686 | -€3,275 | -32.9% |
| Furniture and vehicles | 24 | €101,172 | €87,369 | -€13,803 | -13.6% |
| Financial fixed assets | 28 | €600,125 | €600,125 | = | 0.0% |
| Current assets | 29/58 | €3,203,770 | €4,542,940 | +€1.3m | +41.8% |
| Amounts receivable after more than one year | 29 | €2,520,690 | €2,720,964 | +€200,274 | +7.9% |
| Trade receivables | 290 | €2,520,690 | €2,720,964 | +€200,274 | +7.9% |
| Amounts receivable within one year | 40/41 | €395,926 | €1,248,215 | +€852,290 | +215% |
| Trade receivables | 40 | €395,926 | €1,248,215 | +€852,290 | +215% |
| Cash at bank and in hand | 54/58 | €273,509 | €553,737 | +€280,229 | +102% |
| Deferred charges and accrued income | 490/1 | €13,645 | €20,023 | +€6,377 | +46.7% |
| Total equity and liabilities | 10/49 | €4,689,375 | €5,990,103 | +€1.3m | +27.7% |
| Equity | 10/15 | €3,538,900 | €4,400,098 | +€861,198 | +24.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €848,747 | €848,747 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €846,887 | €848,747 | +€1,860 | +0.2% |
| Profit (loss) carried forward | 14 | €2,654,812 | €3,517,649 | +€862,837 | +32.5% |
| Investment grants | 15 | €16,740 | €15,101 | -€1,639 | -9.8% |
| Amounts payable | 17/49 | €1,150,475 | €1,590,005 | +€439,530 | +38.2% |
| Amounts payable after more than one year | 17 | €215,663 | - | -€215,663 | |
| Financial debts | 170/4 | €215,663 | - | -€215,663 | |
| Amounts payable within one year | 42/48 | €934,812 | €1,590,005 | +€655,193 | +70.1% |
| Current portion of amounts payable after more than one year | 42 | €89,930 | - | -€89,930 | |
| Trade debts | 44 | €127,589 | €256,173 | +€128,584 | +101% |
| Suppliers | 440/4 | €127,589 | €256,173 | +€128,584 | +101% |
| Taxes, remuneration and social security | 45 | €444,582 | €1,040,656 | +€596,074 | +134% |
| Taxes | 450/3 | €317,797 | €824,171 | +€506,374 | +159% |
| Remuneration and social security | 454/9 | €126,785 | €216,485 | +€89,700 | +70.7% |
| Other amounts payable | 47/48 | €272,711 | €293,176 | +€20,466 | +7.5% |
| Non-recurring operating income | 76A | €7,205 | €400 | -€6,805 | -94.4% |
| Remuneration, social security and pensions | 62 | €997,569 | €1,767,821 | +€770,252 | +77.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,572 | €178,656 | +€119,084 | +200% |
| Other operating charges | 640/8 | €7,515 | €14,946 | +€7,431 | +98.9% |
| Non-recurring operating charges | 66A | €2,572 | - | -€2,572 | |
| Gross operating margin | 9900 | €3,119,916 | €5,756,440 | +€2.6m | +84.5% |
| Operating profit (loss) | 9901 | €2,052,689 | €3,795,018 | +€1.7m | +84.9% |
| Financial income | 75/76B | €22,086 | €203,252 | +€181,166 | +820% |
| Recurring financial income | 75 | €22,086 | €203,252 | +€181,166 | +820% |
| Financial charges | 65/66B | €17,432 | €46,657 | +€29,225 | +168% |
| Recurring financial charges | 65 | €17,432 | €46,657 | +€29,225 | +168% |
| Profit (loss) for the period before taxes | 9903 | €2,057,343 | €3,951,614 | +€1.9m | +92.1% |
| Income taxes | 67/77 | €526,404 | €1,051,777 | +€525,373 | +99.8% |
| Profit (loss) for the period | 9904 | €1,530,939 | €2,899,837 | +€1.4m | +89.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,530,939 | €2,899,837 | +€1.4m | +89.4% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.