ACTIVE

Fairville

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Financial year 2025 · closed on 31/12/2025
Net result
-157,8 k €
-304.1% YoY
Revenue
1 M €
-15.5% YoY
Equity
-77,6 k €
-196.8% YoY
Workforce
5,0 ETP
+6.4% YoY

What does Fairville do?

Fairville is a Public limited company incorporated in 2020. Its main activity is: Other software publishing. Its registered office is in Nazareth-De Pinte. It employs on average 5,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0756.963.452
Incorporation
23/10/2020
Legal form
Public limited company
Registered office
Steenweg Deinze 154
9810 Nazareth-De Pinte · FlandreSee on map
Contributed capital
2 114 730,26 €
Latest accounts
31/12/2025
Average workforce
5,0 ETP
Activities (NACE)
58290Other software publishing· main58290Other software publishing62010Computer programming activities62100Computer programming, consultancy and related activities
Signals
Good liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Revenue1 M €1,2 M €1,3 M €1,5 M €1,6 M €
EBITDA60,3 k €298,1 k €-171,7 k €-359,6 k €-929,8 k €
Operating result-141,3 k €92,1 k €-381,6 k €-568,2 k €-1,1 M €
Net result-157,8 k €77,3 k €-394,1 k €-584,9 k €-1,1 M €
Balance sheet
Equity-77,6 k €80,1 k €2,8 k €396,9 k €981,8 k €
Total assets509 k €814,7 k €820,6 k €1,4 M €2,1 M €
Cash347,1 k €340,6 k €161,4 k €373,8 k €803,6 k €
Debts438,6 k €486,8 k €532,6 k €636,6 k €749,2 k €
Other
Workforce5,0 ETP4,7 ETP6,7 ETP11,0 ETP9,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 10 ended

Active mandates

VERDI

Director · since 20 juin 2025 · until 26 juin 2026 · 1003.792.721

Represented by Dirk Verstichele

Active
NUBEMA

Director · since 28 juin 2024 · until 26 juin 2026 · 0834.086.964

Represented by Sep Vandijck

Active
Hans Hulpiau

Managing director · since 20 octobre 2020 · until 20 juin 2025

Active
Nico Cras

Director · since 20 octobre 2020 · until 20 juin 2025

Active
NUTSBEDRIJVEN HOUDSTERMAATSCHAPPIJ

Director · since 20 octobre 2020 · until 26 juin 2026 · 0472.325.068

Represented by Ludo Kelchtermans

Active
Ronny Neckebroeck

Chairman of the board of directors · since 20 octobre 2020 · until 26 juin 2026

Active

Ended mandates

Hans Hulpiau

Managing director · since 20 octobre 2022 · until 20 juin 2026

Ended
NUBEMA

Director · since 20 octobre 2022 · until 26 juin 2026 · 0834.086.964

Represented by Peter Jans

Ended
Cassagrande Laura

Director · since 24 juin 2022 · until 23 juin 2028

Ended
Florent Istace

Director · since 20 octobre 2020 · until 24 juin 2022

Ended
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Annual accounts

Full financial information

20252024202320222021
Type of accountFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202223/10/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months15 months
Filing date10/07/202614/07/202517/07/202407/07/202325/07/2022
General meeting26/06/202627/06/202528/06/202423/06/202324/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/06/202610/07/2026DutchPDF
Full model31/12/202427/06/202514/07/2025DutchPDF
Full model31/12/202328/06/202417/07/2024DutchPDF
Full model31/12/202223/06/202307/07/2023DutchPDF
Full model31/12/202124/06/202225/07/2022DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 10 ended

Active mandates

VERDI

Director · since 20 juin 2025 · until 26 juin 2026 · 1003.792.721

Represented by Dirk Verstichele

Active
NUBEMA

Director · since 28 juin 2024 · until 26 juin 2026 · 0834.086.964

Represented by Sep Vandijck

Active
Hans Hulpiau

Managing director · since 20 octobre 2020 · until 20 juin 2025

Active
Nico Cras

Director · since 20 octobre 2020 · until 20 juin 2025

Active
NUTSBEDRIJVEN HOUDSTERMAATSCHAPPIJ

Director · since 20 octobre 2020 · until 26 juin 2026 · 0472.325.068

Represented by Ludo Kelchtermans

Active
Ronny Neckebroeck

Chairman of the board of directors · since 20 octobre 2020 · until 26 juin 2026

Active

Ended mandates

Hans Hulpiau

Managing director · since 20 octobre 2022 · until 20 juin 2026

Ended
NUBEMA

Director · since 20 octobre 2022 · until 26 juin 2026 · 0834.086.964

Represented by Peter Jans

Ended
Cassagrande Laura

Director · since 24 juin 2022 · until 23 juin 2028

Ended
Florent Istace

Director · since 20 octobre 2020 · until 24 juin 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring11/01/2021
    BENAMING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring12/11/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other27/10/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-157,8 k €↓
  2. 2024
    Annual accounts 202477,3 k €↑
  3. 2023
    Annual accounts 2023-394,1 k €↑
  4. 2022
    Annual accounts 2022-584,9 k €↑
  5. 2021
    Annual accounts 2021-1,1 M €
  6. 23/10/2020
    IncorporationPublic limited company