Fairlake: what changed
Two financial 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.
Fairlake
Largest movements
- Cash +€113,594
up €113,594 (+42.7%), from €266,316 to €379,909
mainly Net result for the year (+€160,589) and Receivables within one year (+€52,426)
- Receivables within one year -€52,426
down €52,426 (-72.1%), from €72,753 to €20,327
of which Other amounts receivable: -€49,804
- Tangible fixed assets +€17,793
up €17,793 (+26.7%), from €66,525 to €84,318
of which Furniture and vehicles: +€17,793
- Reserves +€132,530
up €132,530 (+472.3%), from €28,059 to €160,589
- Other debts -€44,918
down €44,918 (-20.1%), from €223,010 to €178,093
- Debts after one year -€42,542
down €42,542 (-46.2%), from €92,093 to €49,551
- Tax, wage and social debts +€21,965
up €21,965 (+115.7%), from €18,982 to €40,946
of which Taxes: +€18,965
- Current portion of long-term debt +€8,881
up €8,881 (+41.1%), from €21,610 to €30,491
- Gross operating margin +€89,839
up €89,839 (+56.8%), from €158,196 to €248,036
- Taxes +€25,079
up €25,079 (+89.2%), from €28,118 to €53,197
- Depreciation +€5,928
up €5,928 (+24.3%), from €24,392 to €30,320
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 | €408,974 | €484,554 | +€75,580 | +18.5% |
| Fixed assets | 21/28 | €66,525 | €84,318 | +€17,793 | +26.7% |
| Tangible fixed assets | 22/27 | €66,525 | €84,318 | +€17,793 | +26.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €66,525 | €84,318 | +€17,793 | +26.7% |
| Current assets | 29/58 | €342,449 | €400,236 | +€57,787 | +16.9% |
| Amounts receivable within one year | 40/41 | €72,753 | €20,327 | -€52,426 | -72.1% |
| Trade receivables | 40 | €22,688 | €20,065 | -€2,623 | -11.6% |
| Other amounts receivable | 41 | €50,066 | €262 | -€49,804 | -99.5% |
| Cash at bank and in hand | 54/58 | €266,316 | €379,909 | +€113,594 | +42.7% |
| Deferred charges and accrued income | 490/1 | €3,380 | €0 | -€3,380 | -100.0% |
| Total equity and liabilities | 10/49 | €408,974 | €484,554 | +€75,580 | +18.5% |
| Equity | 10/15 | €46,659 | €179,189 | +€132,530 | +284.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,059 | €160,589 | +€132,530 | +472.3% |
| Distributable reserves | 133 | €28,059 | €160,589 | +€132,530 | +472.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €362,315 | €305,365 | -€56,950 | -15.7% |
| Amounts payable after more than one year | 17 | €92,093 | €49,551 | -€42,542 | -46.2% |
| Financial debts | 170/4 | €92,093 | €49,551 | -€42,542 | -46.2% |
| Amounts payable within one year | 42/48 | €269,859 | €255,489 | -€14,370 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €21,610 | €30,491 | +€8,881 | +41.1% |
| Trade debts | 44 | €6,257 | €5,959 | -€298 | -4.8% |
| Suppliers | 440/4 | €6,257 | €5,959 | -€298 | -4.8% |
| Taxes, remuneration and social security | 45 | €18,982 | €40,946 | +€21,965 | +115.7% |
| Taxes | 450/3 | €15,982 | €34,946 | +€18,965 | +118.7% |
| Remuneration and social security | 454/9 | €3,000 | €6,000 | +€3,000 | +100.0% |
| Other amounts payable | 47/48 | €223,010 | €178,093 | -€44,918 | -20.1% |
| Accrued charges and deferred income | 492/3 | €364 | €325 | -€39 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,392 | €30,320 | +€5,928 | +24.3% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €158,196 | €248,036 | +€89,839 | +56.8% |
| Operating profit (loss) | 9901 | €133,291 | €217,188 | +€83,897 | +62.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €2,915 | €3,403 | +€488 | +16.7% |
| Recurring financial charges | 65 | €2,915 | €3,403 | +€488 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €130,376 | €213,785 | +€83,409 | +64.0% |
| Income taxes | 67/77 | €28,118 | €53,197 | +€25,079 | +89.2% |
| Profit (loss) for the period | 9904 | €102,258 | €160,589 | +€58,331 | +57.0% |
| Profit (loss) for the period to be appropriated | 9905 | €102,258 | €160,589 | +€58,331 | +57.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.