Fairways Computer Sciences
ActiveSummary
Fairways Computer Sciences has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €13k and a net result of €-4k. Equity is shrinking by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 94% of 205 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2026
Axes · tick = 2025
Profitability0=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 36.59 against 12.59 in 2025; short-term debt: 2.7% and cash: 27.8% of total assets), and 2.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
97.3%
Return on assets
-27.7%
Age of the figures
6 mo
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026Net result per financial year
1920212223242526
2019 to 2026 · latest year €-4k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 20-08-2026, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
72 d early
2025
7 d early
2024
3 d early
2023
14 d late
2022
1 d early
2021
65 d early
2020
23 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€13k▼ 22.2%
2025 · €16k
2019: €19k
2020: €24k▲ +25.1% vs 2019
2021: €21k▼ -12.3% vs 2020
2022: €39k▲ +83.5% vs 2021
2023: €40k▲ +3.0% vs 2022highest in 8 years
2024: €30k▼ -25.7% vs 2023
2025: €16k▼ -45.6% vs 2024
2026: €13k▼ -22.2% vs 2025lowest in 8 years
2019 → 2026
Total assets
€13k▼ 25.8%
2025 · €17k
2019: €25k
2020: €28k▲ +11.2% vs 2019
2021: €29k▲ +3.1% vs 2020
2022: €44k▲ +51.9% vs 2021highest in 8 years
2023: €43k▼ -1.3% vs 2022
2024: €30k▼ -30.1% vs 2023
2025: €17k▼ -42.3% vs 2024
2026: €13k▼ -25.8% vs 2025lowest in 8 years
2019 → 2026
Net result
€-4k▲ 73.5%
2025 · €-14k
2019: €9k
2020: €6k▼ -31.5% vs 2019
2021: €-3k▼ -146% vs 2020
2022: €18k▲ +698% vs 2021highest in 8 years
2023: €1k▼ -93.5% vs 2022
2024: €-10k▼ -990% vs 2023
2025: €-14k▼ -31.8% vs 2024lowest in 8 years
2026: €-4k▲ +73.5% vs 2025
2019 → 2026
Working capital
€12k▼ 14.5%
2025 · €14k
2019: €16k
2020: €21k▲ +34.3% vs 2019
2021: €18k▼ -15.5% vs 2020
2022: €36k▲ +101% vs 2021
2023: €37k▲ +4.3% vs 2022highest in 8 years
2024: €26k▼ -29.9% vs 2023
2025: €14k▼ -44.6% vs 2024
2026: €12k▼ -14.5% vs 2025lowest in 8 years
2019 → 2026
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€39k-€40k▲ 3.0%€30k▼ 25.7%€16k▼ 45.6%€13k▼ 22.2%
2022: €39k
2023: €40k▲ +3.0% vs 2022highest in 5 years
2024: €30k▼ -25.7% vs 2023
2025: €16k▼ -45.6% vs 2024
2026: €13k▼ -22.2% vs 2025lowest in 5 years
Operating result€25k-€2k▼ 93.3%€-10k€-14k▼ 33.2%€-4k▲ 71.8%
2022: €25khighest in 5 years
2023: €2k▼ -93.3% vs 2022
2024: €-10k▼ -709% vs 2023
2025: €-14k▼ -33.2% vs 2024lowest in 5 years
2026: €-4k▲ +71.8% vs 2025
Net result€18k-€1k▼ 93.5%€-10k€-14k▼ 31.8%€-4k▲ 73.5%
2022: €18khighest in 5 years
2023: €1k▼ -93.5% vs 2022
2024: €-10k▼ -990% vs 2023
2025: €-14k▼ -31.8% vs 2024lowest in 5 years
2026: €-4k▲ +73.5% vs 2025
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2026 against €14k in 2025; the loss shrinks.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €13k
Fixed assets
€233 ▼ 86.5%
Current assets
€13k ▼ 19.1%
Equity and liabilities €13k
Equity
€13k ▼ 22.2%
Debt
€348 ▼ 72.2%
Debt's share of the balance-sheet total falls from 7.2% to 2.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▲
2025 · €-12k
Cash flow
€-2k▲
2025 · €-12k
Current ratio
36.59▲
2025 · 12.59
Debt to equity
0.03▼
2025 · 0.08
ROE
-28.5%▲
2025 · -83.8%
ROA
-27.7%▲
2025 · -77.8%
Interest coverage
-15.80▲
2025 · -80.52
Debt ≤ 1 year
€348▼
2025 · €1k
Income taxes
€4▼
2025 · €18
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2026 against 2025 · 38 lines
Balance sheet
Code20252026
Assets
Total assets20/58€17k€13k▼
Fixed assets21/28€2k€233▼
Tangible fixed assets22/27€2k€233▼
Furniture and vehicles24€2k€233▼
Current assets29/58€16k€13k▼
Amounts receivable within one year40/41€6k€9k▲
Trade receivables40€0-
Other amounts receivable41€6k€9k▲
Cash at bank and in hand54/58€10k€4k▼
Deferred charges and accrued income490/1€0€38▲
Equity and liabilities
Total equity and liabilities10/49€17k€13k▼
Equity10/15€16k€13k▼
Contributions10/11€6k€6k=
Reserves13€27k€27k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€25k€25k=
Profit (loss) carried forward14€-17k€-20k▼
Amounts payable17/49€1k€348▼
Amounts payable within one year42/48€1k€348▼
Trade debts44€1k€348▼
Suppliers440/4€1k€348▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€431€444▲
Gross operating margin9900€-11k€-2k▲
Operating profit (loss)9901€-14k€-4k▲
Financial income75/76B€279€420▲
Recurring financial income75€279€420▲
Financial charges65/66B€146€150▲
Recurring financial charges65€146€150▲
Profit (loss) for the period before taxes9903€-14k€-4k▲
Income taxes67/77€18€4▼
Profit (loss) for the period9904€-14k€-4k▲
Profit (loss) for the period to be appropriated9905€-14k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-20k▼
Profit (loss) brought forward from the previous period14P€-3k€-17k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €2k | €2k | €1k | ▼ 21.6% |
| Other operating charges640/8 | €348 | €392 | €428 | €431 | €444 | ▲ 2.9% |
| Gross operating margin9900 | €28k | €4k | €-7k | €-11k | €-2k | ▲ 83.0% |
| Operating profit (loss)9901 | €25k | €2k | €-10k | €-14k | €-4k | ▲ 71.8% |
| Financial income75/76B | €106 | €61 | €101 | €279 | €420 | ▲ 50.4% |
| Recurring financial income75 | €106 | €61 | €101 | €279 | €420 | ▲ 50.4% |
| Financial charges65/66B | €120 | €123 | €110 | €146 | €150 | ▲ 2.5% |
| Recurring financial charges65 | €120 | €123 | €110 | €146 | €150 | ▲ 2.5% |
| Profit (loss) for the period before taxes9903 | €25k | €2k | €-10k | €-14k | €-4k | ▲ 73.5% |
| Income taxes67/77 | €7k | €468 | €10 | €18 | €4 | ▼ 79.2% |
| Profit (loss) for the period9904 | €18k | €1k | €-10k | €-14k | €-4k | ▲ 73.5% |
| Profit (loss) for the period to be appropriated9905 | €18k | €1k | €-10k | €-14k | €-4k | ▲ 73.5% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €44k | €43k | €30k | €17k | €13k | ▼ 25.8% |
| Fixed assets21/28 | €3k | €3k | €4k | €2k | €233 | ▼ 86.5% |
| Tangible fixed assets22/27 | €3k | €3k | €4k | €2k | €233 | ▼ 86.5% |
| Furniture and vehicles24 | €3k | €3k | €4k | €2k | €233 | ▼ 86.5% |
| Current assets29/58 | €41k | €40k | €27k | €16k | €13k | ▼ 19.1% |
| Amounts receivable within one year40/41 | €5k | €12k | €12k | €6k | €9k | ▲ 51.5% |
| Trade receivables40 | €4k | €10k | €9k | €0 | - | - |
| Other amounts receivable41 | €840 | €2k | €2k | €6k | €9k | ▲ 51.5% |
| Cash at bank and in hand54/58 | €35k | €27k | €13k | €10k | €4k | ▼ 63.0% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €0 | €38 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €44k | €43k | €30k | €17k | €13k | ▼ 25.8% |
| Equity10/15 | €39k | €40k | €30k | €16k | €13k | ▼ 22.2% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €25k | €27k | €27k | €27k | €27k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €24k | €25k | €25k | €25k | €25k | = |
| Profit (loss) carried forward14 | €7k | €7k | €-3k | €-17k | €-20k | ▼ 21.6% |
| Amounts payable17/49 | €5k | €3k | €439 | €1k | €348 | ▼ 72.2% |
| Amounts payable within one year42/48 | €5k | €3k | €439 | €1k | €348 | ▼ 72.2% |
| Trade debts44 | €2k | €3k | €439 | €1k | €348 | ▼ 72.2% |
| Suppliers440/4 | €2k | €3k | €439 | €1k | €348 | ▼ 72.2% |
| Taxes, remuneration and social security45 | €3k | €468 | €0 | €0 | - | - |
| Taxes450/3 | €3k | €468 | €0 | €0 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €1k | €-10k | €-14k | €-4k | ▲ 73.5% |
| + Depreciation and write-downs630 | €2k | €2k | €2k | €2k | €1k | ▼ 21.6% |
| Operating cash flow (approximation) | €20k | €3k | €-8k | €-12k | €-2k | ▲ 82.0% |
| Investment in fixed assets (approximation) | - | €-1k | €-3k | €0 | €0 | - |
| Change in cash | - | €-8k | €-14k | €-3k | €-6k | ▼ 87.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Liquidity triplescurrent ratio 36.59
Current ratio from 12.59 to 36.59; short-term debt falls from €1k to €348.
2025
24-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Liquidity times 5current ratio 60.54
Current ratio from 12.86 to 60.54; short-term debt falls from €3k to €439.
2023
14-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2022
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
31-03
Financial
Liquidity triplescurrent ratio 8.34
Current ratio from 3.33 to 8.34; short-term debt falls from €8k to €5k.
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
Show earlier events
2019
19-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Braine-le-Comte · 1 establishment unit since 2011
Ground area
7,591 m²
Building footprint
413 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Fairways
since 20112.197.816.595
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55036D0101/00V000 | Wallonia | 6,333 m² | 1 · 160 m² | - |
| 55036D0091/00R000 | Wallonia | 1,259 m² | 1 · 252 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 6,155 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-03-2011
Fiscal year end31-03
Activities, NACEBEL 2025
43211General electrical installation work
62900Other information technology and computer services
62100Computer programming
71121Engineering and related technical consultancy, excluding land surveyors
73300Public relations and communication consultancy
93110Operation of sports facilities
Scores and ratios are computed by Checked and are not a credit decision.