FAIRTIME: 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.
FAIRTIME
Largest movements
- Cash -€54,854
down €54,854 (-85.1%), from €64,459 to €9,604
mainly Trade debts (-€309,017) and Net result for the year (-€48,458)
- Receivables within one year -€38,663
down €38,663 (-15.5%), from €250,096 to €211,433
of which Trade receivables: -€35,610
- Trade debts -€309,017
down €309,017 (-99.2%), from €311,403 to €2,386
- Other debts +€272,985
up €272,985 (+510.1%), from €53,515 to €326,500
- Profit (loss) carried forward -€48,458
down €48,458 (-77.6%), from -€62,422 to -€110,880
- Tax, wage and social debts -€11,250
down €11,250 (-99.0%), from €11,360 to €111
of which Remuneration and social security: -€11,118
- Gross operating margin -€78,143
down €78,143, from €77,023 to -€1,120
- Staff costs -€26,732
down €26,732 (-38.5%), from €69,457 to €42,725
- Financial charges -€2,861
down €2,861 (-98.1%), from €2,917 to €55
- Depreciation -€2,552
down €2,552 (-53.5%), from €4,774 to €2,222
- Other operating charges +€966
up €966 (+103.0%), from €938 to €1,903
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 | €320,057 | €224,317 | -€95,740 | -29.9% |
| Fixed assets | 21/28 | €5,502 | €3,280 | -€2,222 | -40.4% |
| Intangible fixed assets | 21 | €2,600 | €1,300 | -€1,300 | -50.0% |
| Tangible fixed assets | 22/27 | €2,641 | €1,719 | -€922 | -34.9% |
| Furniture and vehicles | 24 | €2,641 | €1,719 | -€922 | -34.9% |
| Financial fixed assets | 28 | €261 | €261 | = | 0.0% |
| Current assets | 29/58 | €314,555 | €221,037 | -€93,518 | -29.7% |
| Amounts receivable within one year | 40/41 | €250,096 | €211,433 | -€38,663 | -15.5% |
| Trade receivables | 40 | €61,370 | €25,760 | -€35,610 | -58.0% |
| Other amounts receivable | 41 | €188,726 | €185,673 | -€3,053 | -1.6% |
| Cash at bank and in hand | 54/58 | €64,459 | €9,604 | -€54,854 | -85.1% |
| Total equity and liabilities | 10/49 | €320,057 | €224,317 | -€95,740 | -29.9% |
| Equity | 10/15 | -€56,222 | -€104,680 | -€48,458 | -86.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Profit (loss) carried forward | 14 | -€62,422 | -€110,880 | -€48,458 | -77.6% |
| Amounts payable | 17/49 | €376,278 | €328,997 | -€47,282 | -12.6% |
| Amounts payable within one year | 42/48 | €376,278 | €328,997 | -€47,282 | -12.6% |
| Trade debts | 44 | €311,403 | €2,386 | -€309,017 | -99.2% |
| Suppliers | 440/4 | €311,403 | €2,386 | -€309,017 | -99.2% |
| Taxes, remuneration and social security | 45 | €11,360 | €111 | -€11,250 | -99.0% |
| Taxes | 450/3 | €242 | €111 | -€131 | -54.2% |
| Remuneration and social security | 454/9 | €11,118 | - | -€11,118 | |
| Other amounts payable | 47/48 | €53,515 | €326,500 | +€272,985 | +510.1% |
| Remuneration, social security and pensions | 62 | €69,457 | €42,725 | -€26,732 | -38.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,774 | €2,222 | -€2,552 | -53.5% |
| Other operating charges | 640/8 | €938 | €1,903 | +€966 | +103.0% |
| Gross operating margin | 9900 | €77,023 | -€1,120 | -€78,143 | |
| Operating profit (loss) | 9901 | €1,854 | -€47,970 | -€49,825 | |
| Financial charges | 65/66B | €2,917 | €55 | -€2,861 | -98.1% |
| Recurring financial charges | 65 | €2,917 | €55 | -€2,861 | -98.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,062 | -€48,026 | -€46,963 | -4421.2% |
| Income taxes | 67/77 | €276 | €433 | +€156 | +56.5% |
| Profit (loss) for the period | 9904 | -€1,339 | -€48,458 | -€47,119 | -3519.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,339 | -€48,458 | -€47,119 | -3519.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.