FAIRETRE: 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.
FAIRETRE
Largest movements
- Receivables within one year +€10,897
up €10,897 (+15.4%), from €70,614 to €81,511
of which Other amounts receivable: +€11,655
- Cash +€7,694
up €7,694 (+15.2%), from €50,702 to €58,396
mainly Net result for the year (+€27,096) and Depreciation (+€3,508)
- Profit (loss) carried forward +€27,096
up €27,096 (+55.2%), from €49,131 to €76,227
- Trade debts -€11,486
down €11,486 (-92.6%), from €12,405 to €919
- Tax, wage and social debts +€1,768
up €1,768 (+11.3%), from €15,615 to €17,383
of which Remuneration and social security: +€2,800
- Gross operating margin +€14,394
up €14,394 (+67.2%), from €21,421 to €35,815
- Taxes +€2,708
up €2,708 (+52.3%), from €5,182 to €7,890
- Depreciation +€1,938
up €1,938 (+123.3%), from €1,571 to €3,508
- Financial income +€637
up €637 (+19.1%), from €3,334 to €3,972
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 | €132,911 | €150,288 | +€17,377 | +13.1% |
| Fixed assets | 21/28 | €11,495 | €10,282 | -€1,213 | -10.6% |
| Tangible fixed assets | 22/27 | €11,409 | €10,195 | -€1,213 | -10.6% |
| Furniture and vehicles | 24 | €2,860 | €3,517 | +€657 | +23.0% |
| Other tangible fixed assets | 26 | €8,549 | €6,678 | -€1,871 | -21.9% |
| Financial fixed assets | 28 | €86 | €86 | = | 0.0% |
| Current assets | 29/58 | €121,416 | €140,007 | +€18,591 | +15.3% |
| Stocks and contracts in progress | 3 | €100 | €100 | = | 0.0% |
| Stocks | 30/36 | €100 | €100 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €70,614 | €81,511 | +€10,897 | +15.4% |
| Trade receivables | 40 | €12,930 | €12,172 | -€759 | -5.9% |
| Other amounts receivable | 41 | €57,684 | €69,339 | +€11,655 | +20.2% |
| Cash at bank and in hand | 54/58 | €50,702 | €58,396 | +€7,694 | +15.2% |
| Total equity and liabilities | 10/49 | €132,911 | €150,288 | +€17,377 | +13.1% |
| Equity | 10/15 | €104,891 | €131,987 | +€27,096 | +25.8% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Outside capital | 11 | €14,260 | €14,260 | = | 0.0% |
| Other | 1109/19 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €41,500 | €41,500 | = | 0.0% |
| Distributable reserves | 133 | €41,500 | €41,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,131 | €76,227 | +€27,096 | +55.2% |
| Amounts payable | 17/49 | €28,020 | €18,302 | -€9,718 | -34.7% |
| Amounts payable within one year | 42/48 | €28,020 | €18,302 | -€9,718 | -34.7% |
| Trade debts | 44 | €12,405 | €919 | -€11,486 | -92.6% |
| Suppliers | 440/4 | €12,405 | €919 | -€11,486 | -92.6% |
| Taxes, remuneration and social security | 45 | €15,615 | €17,383 | +€1,768 | +11.3% |
| Taxes | 450/3 | €15,615 | €14,583 | -€1,032 | -6.6% |
| Remuneration and social security | 454/9 | - | €2,800 | +€2,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,571 | €3,508 | +€1,938 | +123.3% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | - | €350 | +€350 | |
| Gross operating margin | 9900 | €21,421 | €35,815 | +€14,394 | +67.2% |
| Operating profit (loss) | 9901 | €19,463 | €31,557 | +€12,094 | +62.1% |
| Financial income | 75/76B | €3,334 | €3,972 | +€637 | +19.1% |
| Recurring financial income | 75 | €3,334 | €3,972 | +€637 | +19.1% |
| Financial charges | 65/66B | €506 | €544 | +€38 | +7.5% |
| Recurring financial charges | 65 | €506 | €544 | +€38 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €22,292 | €34,986 | +€12,694 | +56.9% |
| Income taxes | 67/77 | €5,182 | €7,890 | +€2,708 | +52.3% |
| Profit (loss) for the period | 9904 | €17,110 | €27,096 | +€9,986 | +58.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,110 | €27,096 | +€9,986 | +58.4% |
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 6 October 2026 via checked.be.