FAIRYTALE: 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.
FAIRYTALE
Largest movements
- Cash +€10,679
up €10,679 (+9.7%), from €110,640 to €121,319
mainly Other debts (+€48,706) and Net result for the year (+€21,427)
- Receivables within one year -€8,593
down €8,593 (-43.2%), from €19,899 to €11,306
of which Trade receivables: -€8,529
- Tangible fixed assets -€6,594
down €6,594 (-17.9%), from €36,829 to €30,235
of which Furniture and vehicles: -€8,212
- Current investments -€5,000
down €5,000 (-4.8%), from €105,000 to €100,000
- Other debts +€48,706
up €48,706 (+219%), from €22,244 to €70,950
- Reserves -€42,356
down €42,356 (-22.5%), from €188,233 to €145,877
- Tax, wage and social debts -€7,438
down €7,438 (-34.9%), from €21,339 to €13,901
of which Taxes: -€7,459
- Debts after one year -€7,142
down €7,142 (-38.7%), from €18,460 to €11,318
- Financial income -€3,257
down €3,257 (-63.6%), from €5,120 to €1,863
- Taxes -€1,265
down €1,265 (-11.2%), from €11,343 to €10,078
- Financial charges +€522
up €522 (+13.3%), from €3,914 to €4,436
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 | €274,847 | €265,745 | -€9,102 | -3.3% |
| Fixed assets | 21/28 | €36,829 | €30,235 | -€6,594 | -17.9% |
| Tangible fixed assets | 22/27 | €36,829 | €30,235 | -€6,594 | -17.9% |
| Plant, machinery and equipment | 23 | €1,030 | €644 | -€385 | -37.4% |
| Furniture and vehicles | 24 | €26,635 | €18,423 | -€8,212 | -30.8% |
| Other tangible fixed assets | 26 | €9,165 | €11,168 | +€2,003 | +21.9% |
| Current assets | 29/58 | €238,018 | €235,510 | -€2,508 | -1.1% |
| Amounts receivable within one year | 40/41 | €19,899 | €11,306 | -€8,593 | -43.2% |
| Trade receivables | 40 | €19,836 | €11,306 | -€8,529 | -43.0% |
| Other amounts receivable | 41 | €64 | - | -€64 | |
| Current investments | 50/53 | €105,000 | €100,000 | -€5,000 | -4.8% |
| Cash at bank and in hand | 54/58 | €110,640 | €121,319 | +€10,679 | +9.7% |
| Deferred charges and accrued income | 490/1 | €2,478 | €2,884 | +€406 | +16.4% |
| Total equity and liabilities | 10/49 | €274,847 | €265,745 | -€9,102 | -3.3% |
| Equity | 10/15 | €194,433 | €152,077 | -€42,356 | -21.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €188,233 | €145,877 | -€42,356 | -22.5% |
| Distributable reserves | 133 | €188,233 | €145,877 | -€42,356 | -22.5% |
| Amounts payable | 17/49 | €80,414 | €113,668 | +€33,254 | +41.4% |
| Amounts payable after more than one year | 17 | €18,460 | €11,318 | -€7,142 | -38.7% |
| Financial debts | 170/4 | €18,460 | €11,318 | -€7,142 | -38.7% |
| Amounts payable within one year | 42/48 | €60,194 | €100,342 | +€40,148 | +66.7% |
| Current portion of amounts payable after more than one year | 42 | €6,835 | €7,142 | +€307 | +4.5% |
| Financial debts | 43 | €2,708 | €2,708 | = | 0.0% |
| Other loans | 439 | €2,708 | €2,708 | = | 0.0% |
| Trade debts | 44 | €7,069 | €5,641 | -€1,427 | -20.2% |
| Suppliers | 440/4 | €7,069 | €5,641 | -€1,427 | -20.2% |
| Taxes, remuneration and social security | 45 | €21,339 | €13,901 | -€7,438 | -34.9% |
| Taxes | 450/3 | €18,385 | €10,926 | -€7,459 | -40.6% |
| Remuneration and social security | 454/9 | €2,953 | €2,974 | +€21 | +0.7% |
| Other amounts payable | 47/48 | €22,244 | €70,950 | +€48,706 | +219% |
| Accrued charges and deferred income | 492/3 | €1,761 | €2,008 | +€247 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,194 | €9,383 | +€189 | +2.1% |
| Other operating charges | 640/8 | €633 | €825 | +€192 | +30.3% |
| Gross operating margin | 9900 | €44,183 | €44,286 | +€103 | +0.2% |
| Operating profit (loss) | 9901 | €34,356 | €34,078 | -€278 | -0.8% |
| Financial income | 75/76B | €5,120 | €1,863 | -€3,257 | -63.6% |
| Recurring financial income | 75 | €5,120 | €1,863 | -€3,257 | -63.6% |
| Financial charges | 65/66B | €3,914 | €4,436 | +€522 | +13.3% |
| Recurring financial charges | 65 | €3,914 | €4,436 | +€522 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €35,562 | €31,505 | -€4,057 | -11.4% |
| Income taxes | 67/77 | €11,343 | €10,078 | -€1,265 | -11.2% |
| Profit (loss) for the period | 9904 | €24,219 | €21,427 | -€2,792 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,219 | €21,427 | -€2,792 | -11.5% |
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 13 October 2026 via checked.be.