Fairwood: what changed
Fairwood
Largest movements
- Cash -€6,622
down €6,622 (-75.2%), from €8,808 to €2,186
mainly Debts after one year (-€48,159) and Current portion of long-term debt (-€25,927)
- Debts after one year -€48,159
down €48,159 (-15.4%), from €313,322 to €265,163
- Short-term financial debts +€27,159
new in 2025: €27,159
- Current portion of long-term debt -€25,927
no longer reported in 2025 (was €25,927)
- Other debts +€21,000
new in 2025: €21,000
- Profit (loss) carried forward +€18,950
up €18,950 (+36.1%), from €52,508 to €71,458
- Gross operating margin -€19,356
down €19,356 (-36.1%), from €53,640 to €34,285
- Taxes +€5,839
up €5,839 (+352%), from €1,661 to €7,500
- Financial charges -€1,516
down €1,516 (-16.2%), from €9,350 to €7,834
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €419,932 | €412,914 | -€7,018 | -1.7% |
| Fixed assets | 21/28 | €400,000 | €400,000 | = | 0.0% |
| Financial fixed assets | 28 | €400,000 | €400,000 | = | 0.0% |
| Current assets | 29/58 | €19,932 | €12,914 | -€7,018 | -35.2% |
| Amounts receivable within one year | 40/41 | €11,124 | €8,228 | -€2,896 | -26.0% |
| Trade receivables | 40 | €11,121 | €8,228 | -€2,893 | -26.0% |
| Other amounts receivable | 41 | €3 | - | -€3 | |
| Cash at bank and in hand | 54/58 | €8,808 | €2,186 | -€6,622 | -75.2% |
| Deferred charges and accrued income | 490/1 | - | €2,500 | +€2,500 | |
| Total equity and liabilities | 10/49 | €419,932 | €412,914 | -€7,018 | -1.7% |
| Equity | 10/15 | €78,658 | €97,608 | +€18,950 | +24.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,508 | €71,458 | +€18,950 | +36.1% |
| Amounts payable | 17/49 | €341,274 | €315,306 | -€25,968 | -7.6% |
| Amounts payable after more than one year | 17 | €313,322 | €265,163 | -€48,159 | -15.4% |
| Financial debts | 170/4 | €313,322 | €265,163 | -€48,159 | -15.4% |
| Amounts payable within one year | 42/48 | €27,952 | €50,143 | +€22,191 | +79.4% |
| Current portion of amounts payable after more than one year | 42 | €25,927 | - | -€25,927 | |
| Financial debts | 43 | - | €27,159 | +€27,159 | |
| Credit institutions | 430/8 | - | €27,159 | +€27,159 | |
| Taxes, remuneration and social security | 45 | €2,025 | €1,984 | -€41 | -2.0% |
| Taxes | 450/3 | €2,025 | €1,984 | -€41 | -2.0% |
| Other amounts payable | 47/48 | - | €21,000 | +€21,000 | |
| Gross operating margin | 9900 | €53,640 | €34,285 | -€19,356 | -36.1% |
| Operating profit (loss) | 9901 | €53,640 | €34,285 | -€19,356 | -36.1% |
| Financial charges | 65/66B | €9,350 | €7,834 | -€1,516 | -16.2% |
| Recurring financial charges | 65 | €9,350 | €7,834 | -€1,516 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €44,290 | €26,450 | -€17,840 | -40.3% |
| Income taxes | 67/77 | €1,661 | €7,500 | +€5,839 | +352% |
| Profit (loss) for the period | 9904 | €42,630 | €18,950 | -€23,679 | -55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €42,630 | €18,950 | -€23,679 | -55.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.