FAIRLIGHT: 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.
FAIRLIGHT
Largest movements
- Cash -€8,160
down €8,160 (-14.5%), from €56,408 to €48,248
mainly Tax, wage and social debts (-€17,367) and Accrued charges and deferred income (-€130)
- Receivables within one year -€844
down €844 (-12.9%), from €6,561 to €5,717
of which Trade receivables: -€6,298
- Tax, wage and social debts -€17,367
down €17,367 (-92.3%), from €18,817 to €1,450
of which Remuneration and social security: -€12,336
- Profit (loss) carried forward +€8,121
up €8,121 (+33.2%), from €24,468 to €32,589
- Staff costs -€76,817
down €76,817 (-77.8%), from €98,713 to €21,896
- Gross operating margin -€74,205
down €74,205 (-70.7%), from €105,005 to €30,800
- Taxes -€3,690
no longer reported in 2025 (was €3,690)
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 | €63,762 | €54,470 | -€9,292 | -14.6% |
| Fixed assets | 21/28 | €793 | €505 | -€288 | -36.3% |
| Tangible fixed assets | 22/27 | €793 | €505 | -€288 | -36.3% |
| Plant, machinery and equipment | 23 | €793 | - | -€793 | |
| Furniture and vehicles | 24 | - | €505 | +€505 | |
| Current assets | 29/58 | €62,969 | €53,965 | -€9,004 | -14.3% |
| Amounts receivable within one year | 40/41 | €6,561 | €5,717 | -€844 | -12.9% |
| Trade receivables | 40 | €6,298 | - | -€6,298 | |
| Other amounts receivable | 41 | €264 | €5,717 | +€5,454 | +2069.4% |
| Cash at bank and in hand | 54/58 | €56,408 | €48,248 | -€8,160 | -14.5% |
| Total equity and liabilities | 10/49 | €63,762 | €54,470 | -€9,292 | -14.6% |
| Equity | 10/15 | €44,815 | €52,936 | +€8,121 | +18.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,747 | €1,747 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,747 | €1,747 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,747 | - | -€1,747 | |
| Other | 1319 | - | €1,747 | +€1,747 | |
| Profit (loss) carried forward | 14 | €24,468 | €32,589 | +€8,121 | +33.2% |
| Amounts payable | 17/49 | €18,947 | €1,534 | -€17,413 | -91.9% |
| Amounts payable within one year | 42/48 | €18,817 | €1,534 | -€17,283 | -91.9% |
| Trade debts | 44 | - | €84 | +€84 | |
| Suppliers | 440/4 | - | €84 | +€84 | |
| Taxes, remuneration and social security | 45 | €18,817 | €1,450 | -€17,367 | -92.3% |
| Taxes | 450/3 | €6,481 | €1,450 | -€5,031 | -77.6% |
| Remuneration and social security | 454/9 | €12,336 | - | -€12,336 | |
| Accrued charges and deferred income | 492/3 | €130 | - | -€130 | |
| Remuneration, social security and pensions | 62 | €98,713 | €21,896 | -€76,817 | -77.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €288 | €288 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €105,005 | €30,800 | -€74,205 | -70.7% |
| Operating profit (loss) | 9901 | €5,886 | €8,496 | +€2,610 | +44.3% |
| Financial charges | 65/66B | €417 | €375 | -€42 | -10.2% |
| Recurring financial charges | 65 | €417 | €375 | -€42 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €5,469 | €8,121 | +€2,652 | +48.5% |
| Income taxes | 67/77 | €3,690 | - | -€3,690 | |
| Profit (loss) for the period | 9904 | €1,779 | €8,121 | +€6,342 | +356.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,779 | €8,121 | +€6,342 | +356.5% |
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.