FAIR +: 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.
FAIR +
Largest movements
- Receivables within one year +€46,071
up €46,071 (+521.5%), from €8,834 to €54,906
of which Trade receivables: +€54,906
- Cash +€12,750
up €12,750 (+1248.1%), from €1,022 to €13,771
mainly Net result for the year (+€27,770) and Other debts (+€20,030)
- Tangible fixed assets +€12,637
new in 2025: €12,637
- Stocks and contracts -€2,657
down €2,657 (-54.9%), from €4,840 to €2,183
- Profit (loss) carried forward +€27,770
up €27,770, from -€6,718 to €21,052
- Other debts +€20,030
new in 2025: €20,030
- Tax, wage and social debts +€11,369
up €11,369 (+4552.7%), from €250 to €11,619
- Trade debts +€9,372
up €9,372 (+1894.7%), from €495 to €9,867
- Turnover +€63,824
up €63,824 (+164.7%), from €38,742 to €102,566
- Purchases and services +€46,159
up €46,159 (+143.7%), from €32,124 to €78,283
- Gross operating margin +€31,783
up €31,783 (+480.2%), from €6,618 to €38,401
- Depreciation +€4,861
new in 2025: €4,861
- Taxes +€2,979
up €2,979 (+1219.1%), from €244 to €3,224
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 | €16,027 | €84,568 | +€68,541 | +427.7% |
| Fixed assets | 21/28 | - | €12,637 | +€12,637 | |
| Tangible fixed assets | 22/27 | - | €12,637 | +€12,637 | |
| Furniture and vehicles | 24 | - | €12,637 | +€12,637 | |
| Current assets | 29/58 | €16,027 | €71,931 | +€55,904 | +348.8% |
| Stocks and contracts in progress | 3 | €4,840 | €2,183 | -€2,657 | -54.9% |
| Stocks | 30/36 | €4,840 | €2,183 | -€2,657 | -54.9% |
| Amounts receivable within one year | 40/41 | €8,834 | €54,906 | +€46,071 | +521.5% |
| Trade receivables | 40 | - | €54,906 | +€54,906 | |
| Other amounts receivable | 41 | €8,834 | - | -€8,834 | |
| Cash at bank and in hand | 54/58 | €1,022 | €13,771 | +€12,750 | +1248.1% |
| Deferred charges and accrued income | 490/1 | €1,331 | €1,071 | -€260 | -19.5% |
| Total equity and liabilities | 10/49 | €16,027 | €84,568 | +€68,541 | +427.7% |
| Equity | 10/15 | €15,282 | €43,052 | +€27,770 | +181.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,718 | €21,052 | +€27,770 | |
| Amounts payable | 17/49 | €744 | €41,516 | +€40,772 | +5477.2% |
| Amounts payable within one year | 42/48 | €744 | €41,516 | +€40,772 | +5477.2% |
| Trade debts | 44 | €495 | €9,867 | +€9,372 | +1894.7% |
| Suppliers | 440/4 | €495 | €9,867 | +€9,372 | +1894.7% |
| Taxes, remuneration and social security | 45 | €250 | €11,619 | +€11,369 | +4552.7% |
| Taxes | 450/3 | €250 | €11,619 | +€11,369 | +4552.7% |
| Other amounts payable | 47/48 | - | €20,030 | +€20,030 | |
| Turnover | 70 | €38,742 | €102,566 | +€63,824 | +164.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €32,124 | €78,283 | +€46,159 | +143.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,861 | +€4,861 | |
| Other operating charges | 640/8 | €1,014 | €1,032 | +€17 | +1.7% |
| Gross operating margin | 9900 | €6,618 | €38,401 | +€31,783 | +480.2% |
| Operating profit (loss) | 9901 | €5,604 | €32,509 | +€26,905 | +480.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €384 | €1,516 | +€1,132 | +294.7% |
| Recurring financial charges | 65 | €384 | €1,466 | +€1,082 | +281.6% |
| Non-recurring financial charges | 66B | - | €50 | +€50 | |
| Profit (loss) for the period before taxes | 9903 | €5,220 | €30,993 | +€25,774 | +493.8% |
| Income taxes | 67/77 | €244 | €3,224 | +€2,979 | +1219.1% |
| Profit (loss) for the period | 9904 | €4,975 | €27,770 | +€22,794 | +458.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,975 | €27,770 | +€22,794 | +458.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.