FALRIX
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 3 filings
Turnover
≈ €370,000
Estimated: probably between €300,000 and €480,000
Total assets
€1.7m▲ 6.0%
2024 · €1.6m
Net result
€131,490▼ 7.9%
2024 · €142,812
Working capital
-€95,472▼ 593%
2024 · -€13,785
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
€191,790
▲ 1.9%
2025
20232025
Net result
€131,490
▼ 7.9%
2025
middle half of the sector
20232025
Equity
€344,740
▲ 50.3%
2025
middle half of the sector
20232025
Total assets
€1.7m
▲ 6.0%
2025
middle half of the sector
20232025
Debt
€1.4m
▼ 1.4%
2025
20232025
Working capital
-€95,472
▼ 593%
2025
lowest quarter of the sector
20232025
Solvency
20.2%
▲ 5.9pp
2025
lowest quarter of the sector
20232025
Current ratio
0.38
▼ 0.43
2025
lowest quarter of the sector
20232025
Return on assets (ROA)
7.7%
▼ 1.2pp
2025
middle half of the sector
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€0.1m-€0.2m▲ 79.7%€0.2m▲ 1.9%
Net result€0.08mabove the sector's middle half-€0.1mabove the sector's middle half▲ 75.0%€0.1mwithin the sector's middle half▼ 7.9%
Equity€0.09mwithin the sector's middle half-€0.2mwithin the sector's middle half▲ 165%€0.3mwithin the sector's middle half▲ 50.3%
Total assets€0.1mwithin the sector's middle half-€1.6mabove the sector's middle half▲ 12×€1.7mwithin the sector's middle half▲ 6.0%
Debt€0.05m-€1.4m▲ 26×€1.4m▼ 1.4%
Working capital-€0.007mbelow the sector's middle half--€0.01mbelow the sector's middle half▼ 111%-€0.1mbelow the sector's middle half▼ 593%
Solvency62.3%within the sector's middle half-14.2%below the sector's middle half▼ 48.1pp20.2%below the sector's middle half▲ 5.9pp
Current ratio0.87below the sector's middle half-0.81below the sector's middle half▼ 0.060.38below the sector's middle half▼ 0.43
Return on assets (ROA)58.7%above the sector's middle half-8.8%within the sector's middle half▼ 49.9pp7.7%within the sector's middle half▼ 1.2pp
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 2% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets
€1.7m ▲ 6.2%
Current assets
€59,690 ▼ 1.4%
Equity and liabilities €1.7m
Equity
€344,740 ▲ 50.3%
Debt
€1.4m ▼ 1.4%
Debt's share of the balance-sheet total falls from 85.8% to 79.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€231,687▲
2024 · €214,422
Cash flow
€171,387▲
2024 · €168,972
Debt to equity
3.96▼
2024 · 6.04
ROE
38.1%▼
2024 · 62.2%
Interest coverage
63.29▼
2024 · over 100
Debt ≤ 1 year
€155,162▲
2024 · €74,318
Debt > 1 year
€1.2m▼
2024 · €1.3m
Income taxes
€56,640▲
2024 · €45,308
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €116,707 | €76,277 | €136,938 |
| Financial fixed assets | - | €1.4m | - |
| Depreciation and write-downs of the year | €21,557 | €26,161 | €39,897 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,557 | €26,161 | €39,897 | ▲ 52.5% |
| Other operating charges640/8 | €1,533 | €1,893 | €1,982 | ▲ 4.7% |
| Gross operating margin9900 | €127,830 | €216,315 | €233,668 | ▲ 8.0% |
| Operating profit (loss)9901 | €104,741 | €188,261 | €191,790 | ▲ 1.9% |
| Financial income75/76B | €0 | €2 | - | - |
| Recurring financial income75 | €0 | €2 | - | - |
| Financial charges65/66B | €54 | €143 | €3,661 | ▲ 26× |
| Recurring financial charges65 | €54 | €143 | €3,661 | ▲ 26× |
| Profit (loss) for the period before taxes9903 | €104,687 | €188,119 | €188,129 | = |
| Income taxes67/77 | €23,070 | €45,308 | €56,640 | ▲ 25.0% |
| Profit (loss) for the period9904 | €81,616 | €142,812 | €131,490 | ▼ 7.9% |
| Profit (loss) for the period to be appropriated9905 | €81,616 | €142,812 | €131,490 | ▼ 7.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €0.1m | €1.6m | €1.7m | ▲ 6.0% |
| Fixed assets21/28 | €0.1m | €1.6m | €1.7m | ▲ 6.2% |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.2m | ▲ 66.8% |
| Plant, machinery and equipment23 | €0.002m | €0.004m | €0.002m | ▼ 45.7% |
| Furniture and vehicles24 | €0.09m | €0.1m | €0.2m | ▲ 69.8% |
| Financial fixed assets28 | - | €1.4m | €1.4m | = |
| Current assets29/58 | €0.04m | €0.06m | €0.06m | ▼ 1.4% |
| Amounts receivable within one year40/41 | €0.03m | €0.03m | €0.03m | ▲ 3.4% |
| Trade receivables40 | €0.03m | €0.03m | €0.03m | ▲ 3.4% |
| Cash at bank and in hand54/58 | €0.009m | €0.03m | €0.02m | ▼ 9.6% |
| Deferred charges and accrued income490/1 | €0.004m | €0.004m | €0.004m | ▲ 13.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €0.1m | €1.6m | €1.7m | ▲ 6.0% |
| Equity10/15 | €0.09m | €0.2m | €0.3m | ▲ 50.3% |
| Contributions10/11 | €0.005m | €0.005m | €0.005m | = |
| Reserves13 | - | - | €0.1m | - |
| Distributable reserves133 | - | - | €0.1m | - |
| Profit (loss) carried forward14 | €0.08m | €0.2m | €0.2m | = |
| Amounts payable17/49 | €0.05m | €1.4m | €1.4m | ▼ 1.4% |
| Amounts payable after more than one year17 | - | €1.3m | €1.2m | ▼ 7.6% |
| Financial debts170/4 | - | €1.3m | €1.2m | ▼ 7.6% |
| Amounts payable within one year42/48 | €0.05m | €0.07m | €0.2m | ▲ 109% |
| Trade debts44 | €0.006m | €0.01m | €0.006m | ▼ 53.5% |
| Suppliers440/4 | €0.006m | €0.01m | €0.006m | ▼ 53.5% |
| Taxes, remuneration and social security45 | €0.04m | €0.06m | €0.1m | ▲ 123% |
| Taxes450/3 | €0.04m | €0.06m | €0.1m | ▲ 123% |
| Remuneration and social security454/9 | €0.004m | - | - | - |
| Other amounts payable47/48 | €0.002m | €0.003m | €0.02m | ▲ 496% |
| Accrued charges and deferred income492/3 | €0.002m | €0.002m | €0.002m | ▲ 2.1% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.08m | €0.1m | €0.1m | ▼ 7.9% |
| + Depreciation and write-downs630 | €0.02m | €0.03m | €0.04m | ▲ 52.5% |
| Operating cash flow (approximation) | €0.1m | €0.2m | €0.2m | ▲ 1.4% |
| Investment in fixed assets (approximation) | - | -€1.5m | -€0.1m | ▲ 90.8% |
| Change in cash | - | €0.02m | -€0.002m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.