FairPro: 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.
FairPro
Largest movements
- Receivables within one year +€83,715
up €83,715 (+307.3%), from €27,246 to €110,962
of which Other amounts receivable: +€70,155
- Stocks and contracts -€74,546
down €74,546 (-60.3%), from €123,651 to €49,104
- Cash +€34,176
up €34,176 (+376.7%), from €9,072 to €43,248
mainly Other debts (+€93,588) and Stocks and contracts (+€74,546)
- Tangible fixed assets -€6,683
down €6,683 (-43.9%), from €15,210 to €8,526
- Other debts +€93,588
up €93,588 (+119.3%), from €78,416 to €172,005
- Short-term financial debts -€86,250
no longer reported in 2025 (was €86,250)
- Profit (loss) carried forward +€18,875
up €18,875, from -€2,140 to €16,736
- Trade debts +€13,085
up €13,085 (+1056.2%), from €1,239 to €14,324
- Current portion of long-term debt -€4,532
no longer reported in 2025 (was €4,532)
- Gross operating margin +€21,629
up €21,629 (+209.7%), from €10,314 to €31,943
- Other operating charges -€11,468
down €11,468 (-79.3%), from €14,457 to €2,989
- Financial charges -€2,548
down €2,548 (-50.7%), from €5,031 to €2,482
- Taxes +€915
new in 2025: €915
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 | €175,183 | €211,882 | +€36,699 | +20.9% |
| Fixed assets | 21/28 | €15,210 | €8,526 | -€6,683 | -43.9% |
| Tangible fixed assets | 22/27 | €15,210 | €8,526 | -€6,683 | -43.9% |
| Furniture and vehicles | 24 | €15,210 | €8,526 | -€6,683 | -43.9% |
| Current assets | 29/58 | €159,973 | €203,355 | +€43,382 | +27.1% |
| Stocks and contracts in progress | 3 | €123,651 | €49,104 | -€74,546 | -60.3% |
| Stocks | 30/36 | €123,651 | €49,104 | -€74,546 | -60.3% |
| Amounts receivable within one year | 40/41 | €27,246 | €110,962 | +€83,715 | +307.3% |
| Trade receivables | 40 | €21,626 | €35,187 | +€13,561 | +62.7% |
| Other amounts receivable | 41 | €5,620 | €75,775 | +€70,155 | +1248.2% |
| Cash at bank and in hand | 54/58 | €9,072 | €43,248 | +€34,176 | +376.7% |
| Deferred charges and accrued income | 490/1 | €4 | €41 | +€38 | +1000.0% |
| Total equity and liabilities | 10/49 | €175,183 | €211,882 | +€36,699 | +20.9% |
| Equity | 10/15 | €2,860 | €21,736 | +€18,875 | +660.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,140 | €16,736 | +€18,875 | |
| Amounts payable | 17/49 | €172,323 | €190,146 | +€17,824 | +10.3% |
| Amounts payable within one year | 42/48 | €171,843 | €190,131 | +€18,288 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €4,532 | - | -€4,532 | |
| Financial debts | 43 | €86,250 | - | -€86,250 | |
| Credit institutions | 430/8 | €86,250 | - | -€86,250 | |
| Trade debts | 44 | €1,239 | €14,324 | +€13,085 | +1056.2% |
| Suppliers | 440/4 | €1,239 | €14,324 | +€13,085 | +1056.2% |
| Taxes, remuneration and social security | 45 | €1,406 | €3,802 | +€2,396 | +170.5% |
| Taxes | 450/3 | €1,406 | €3,802 | +€2,396 | +170.5% |
| Other amounts payable | 47/48 | €78,416 | €172,005 | +€93,588 | +119.3% |
| Accrued charges and deferred income | 492/3 | €480 | €16 | -€464 | -96.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,683 | €6,683 | = | 0.0% |
| Other operating charges | 640/8 | €14,457 | €2,989 | -€11,468 | -79.3% |
| Gross operating margin | 9900 | €10,314 | €31,943 | +€21,629 | +209.7% |
| Operating profit (loss) | 9901 | -€10,826 | €22,271 | +€33,096 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €5,031 | €2,482 | -€2,548 | -50.7% |
| Recurring financial charges | 65 | €5,031 | €2,482 | -€2,548 | -50.7% |
| Profit (loss) for the period before taxes | 9903 | -€15,857 | €19,791 | +€35,647 | |
| Income taxes | 67/77 | - | €915 | +€915 | |
| Profit (loss) for the period | 9904 | -€15,857 | €18,875 | +€34,732 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,857 | €18,875 | +€34,732 |
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 7 October 2026 via checked.be.