Fairway-Tech: 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.
Fairway-Tech
Largest movements
- Financial fixed assets +€50,000
up €50,000 (+12.4%), from €402,241 to €452,241
- Current investments +€20,024
new in 2025: €20,024
- Cash +€18,009
up €18,009 (+120%), from €15,016 to €33,025
mainly Other debts (+€307,657) and Debts after one year (+€107,758)
- Receivables within one year +€6,715
up €6,715 (+44.8%), from €15,000 to €21,715
of which Other amounts receivable: +€20,000
- Accrued charges and deferred income -€389,932
no longer reported in 2025 (was €389,932)
- Other debts +€307,657
new in 2025: €307,657
- Debts after one year +€107,758
new in 2025: €107,758
of which Financial debts: +€98,258
- Current portion of long-term debt +€28,666
new in 2025: €28,666
- Profit (loss) carried forward +€26,726
up €26,726 (+1,020%), from €2,619 to €29,345
- Gross operating margin +€40,088
up €40,088 (+54.3%), from €73,763 to €113,851
- Taxes +€8,035
up €8,035 (+440%), from €1,827 to €9,862
- Financial charges +€4,643
up €4,643 (+414%), from €1,122 to €5,765
- Staff costs -€3,239
down €3,239 (-4.5%), from €72,656 to €69,418
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.
Derived cash bridge
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 | €438,293 | €538,073 | +€99,780 | +22.8% |
| Fixed assets | 21/28 | €407,566 | €462,623 | +€55,057 | +13.5% |
| Tangible fixed assets | 22/27 | €5,324 | €10,382 | +€5,057 | +95.0% |
| Plant, machinery and equipment | 23 | €1,407 | €1,118 | -€289 | -20.5% |
| Furniture and vehicles | 24 | - | €810 | +€810 | |
| Other tangible fixed assets | 26 | €3,917 | €8,453 | +€4,536 | +116% |
| Financial fixed assets | 28 | €402,241 | €452,241 | +€50,000 | +12.4% |
| Current assets | 29/58 | €30,727 | €75,450 | +€44,722 | +146% |
| Amounts receivable within one year | 40/41 | €15,000 | €21,715 | +€6,715 | +44.8% |
| Trade receivables | 40 | €15,000 | €1,715 | -€13,285 | -88.6% |
| Other amounts receivable | 41 | - | €20,000 | +€20,000 | |
| Current investments | 50/53 | - | €20,024 | +€20,024 | |
| Cash at bank and in hand | 54/58 | €15,016 | €33,025 | +€18,009 | +120% |
| Deferred charges and accrued income | 490/1 | €711 | €687 | -€25 | -3.5% |
| Total equity and liabilities | 10/49 | €438,293 | €538,073 | +€99,780 | +22.8% |
| Equity | 10/15 | €9,972 | €36,697 | +€26,726 | +268% |
| Contributions | 10/11 | €6,200 | €7,353 | +€1,153 | +18.6% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,153 | - | -€1,153 | |
| Non-distributable reserves | 130/1 | €1,153 | - | -€1,153 | |
| Legal reserve | 130 | €1,153 | - | -€1,153 | |
| Profit (loss) carried forward | 14 | €2,619 | €29,345 | +€26,726 | +1,020% |
| Amounts payable | 17/49 | €428,321 | €501,376 | +€73,054 | +17.1% |
| Amounts payable after more than one year | 17 | - | €107,758 | +€107,758 | |
| Financial debts | 170/4 | - | €98,258 | +€98,258 | |
| Other amounts payable | 178/9 | - | €9,500 | +€9,500 | |
| Amounts payable within one year | 42/48 | €38,390 | €393,617 | +€355,228 | +925% |
| Current portion of amounts payable after more than one year | 42 | - | €28,666 | +€28,666 | |
| Financial debts | 43 | €15,077 | €15,662 | +€585 | +3.9% |
| Credit institutions | 430/8 | €15,077 | €15,662 | +€585 | +3.9% |
| Trade debts | 44 | €3,359 | €772 | -€2,587 | -77.0% |
| Suppliers | 440/4 | €3,359 | €772 | -€2,587 | -77.0% |
| Taxes, remuneration and social security | 45 | €19,953 | €40,860 | +€20,907 | +105% |
| Taxes | 450/3 | €11,882 | €25,209 | +€13,326 | +112% |
| Remuneration and social security | 454/9 | €8,071 | €15,651 | +€7,580 | +93.9% |
| Other amounts payable | 47/48 | - | €307,657 | +€307,657 | |
| Accrued charges and deferred income | 492/3 | €389,932 | - | -€389,932 | |
| Remuneration, social security and pensions | 62 | €72,656 | €69,418 | -€3,239 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €705 | €1,472 | +€767 | +109% |
| Other operating charges | 640/8 | €684 | €643 | -€41 | -6.0% |
| Gross operating margin | 9900 | €73,763 | €113,851 | +€40,088 | +54.3% |
| Operating profit (loss) | 9901 | -€283 | €42,318 | +€42,601 | |
| Financial income | 75/76B | €444 | €34 | -€409 | -92.2% |
| Recurring financial income | 75 | €444 | €34 | -€409 | -92.2% |
| Financial charges | 65/66B | €1,122 | €5,765 | +€4,643 | +414% |
| Recurring financial charges | 65 | €1,122 | €5,765 | +€4,643 | +414% |
| Profit (loss) for the period before taxes | 9903 | -€961 | €36,587 | +€37,548 | |
| Income taxes | 67/77 | €1,827 | €9,862 | +€8,035 | +440% |
| Profit (loss) for the period | 9904 | -€2,788 | €26,726 | +€29,513 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,788 | €26,726 | +€29,513 |
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 25 October 2026 via checked.be.