FALBUD: what changed
Two fiscal 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.
FALBUD
Largest movements
- Receivables within one year +€14,803
up €14,803 (+44.9%), from €32,950 to €47,753
of which Trade receivables: +€14,919
- Tangible fixed assets +€14,748
up €14,748 (+13.7%), from €107,765 to €122,514
of which Furniture and vehicles: +€21,024
- Cash +€9,626
up €9,626 (+8.9%), from €108,406 to €118,032
mainly Net result for the year (+€90,607) and Other debts (+€25,000)
- Profit (loss) carried forward +€45,607
up €45,607 (+44.2%), from €103,191 to €148,798
- Trade debts -€39,001
down €39,001 (-60.7%), from €64,265 to €25,264
- Other debts +€25,000
up €25,000 (+38.5%), from €65,000 to €90,000
- Tax, wage and social debts +€9,877
up €9,877 (+161.4%), from €6,120 to €15,997
of which Taxes: +€9,877
- Current portion of long-term debt -€4,035
down €4,035 (-100.0%), from €4,035 to €0
- Gross operating margin +€63,252
up €63,252 (+118.5%), from €53,381 to €116,634
- Taxes +€9,504
up €9,504 (+183.4%), from €5,182 to €14,686
- Staff costs -€4,057
down €4,057 (-100.0%), from €4,057 to €0
- Depreciation +€1,519
up €1,519 (+20.7%), from €7,340 to €8,859
- Financial income +€1,332
up €1,332 (+1075.2%), from €124 to €1,455
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.
Cash bridge derived
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 | €251,671 | €290,119 | +€38,448 | +15.3% |
| Fixed assets | 21/28 | €107,865 | €122,614 | +€14,748 | +13.7% |
| Tangible fixed assets | 22/27 | €107,765 | €122,514 | +€14,748 | +13.7% |
| Land and buildings | 22 | €105,351 | €99,326 | -€6,025 | -5.7% |
| Plant, machinery and equipment | 23 | €251 | €0 | -€251 | -100.0% |
| Furniture and vehicles | 24 | €2,163 | €23,187 | +€21,024 | +971.9% |
| Leasing and similar rights | 25 | - | €0 | = | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €143,806 | €167,505 | +€23,700 | +16.5% |
| Amounts receivable within one year | 40/41 | €32,950 | €47,753 | +€14,803 | +44.9% |
| Trade receivables | 40 | €11,702 | €26,621 | +€14,919 | +127.5% |
| Other amounts receivable | 41 | €21,248 | €21,132 | -€117 | -0.5% |
| Cash at bank and in hand | 54/58 | €108,406 | €118,032 | +€9,626 | +8.9% |
| Deferred charges and accrued income | 490/1 | €2,450 | €1,721 | -€729 | -29.8% |
| Total equity and liabilities | 10/49 | €251,671 | €290,119 | +€38,448 | +15.3% |
| Equity | 10/15 | €111,251 | €156,858 | +€45,607 | +41.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €103,191 | €148,798 | +€45,607 | +44.2% |
| Amounts payable | 17/49 | €140,420 | €133,261 | -€7,159 | -5.1% |
| Amounts payable after more than one year | 17 | €1,000 | €1,000 | = | 0.0% |
| Financial debts | 170/4 | €0 | €0 | = | |
| Other amounts payable | 178/9 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €139,420 | €132,261 | -€7,159 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €4,035 | €0 | -€4,035 | -100.0% |
| Trade debts | 44 | €64,265 | €25,264 | -€39,001 | -60.7% |
| Suppliers | 440/4 | €64,265 | €25,264 | -€39,001 | -60.7% |
| Advances received on contracts in progress | 46 | - | €1,000 | +€1,000 | |
| Taxes, remuneration and social security | 45 | €6,120 | €15,997 | +€9,877 | +161.4% |
| Taxes | 450/3 | €6,120 | €15,997 | +€9,877 | +161.4% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €65,000 | €90,000 | +€25,000 | +38.5% |
| Turnover | 70 | €0 | €0 | = | |
| Non-recurring operating income | 76A | €588 | €3,315 | +€2,727 | +464.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €4,057 | €0 | -€4,057 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,340 | €8,859 | +€1,519 | +20.7% |
| Other operating charges | 640/8 | €1,738 | €2,199 | +€462 | +26.6% |
| Non-recurring operating charges | 66A | €568 | €251 | -€317 | -55.8% |
| Gross operating margin | 9900 | €53,381 | €116,634 | +€63,252 | +118.5% |
| Operating profit (loss) | 9901 | €39,680 | €105,324 | +€65,644 | +165.4% |
| Financial income | 75/76B | €124 | €1,455 | +€1,332 | +1075.2% |
| Recurring financial income | 75 | €124 | €1,455 | +€1,332 | +1075.2% |
| Financial charges | 65/66B | €982 | €1,485 | +€504 | +51.3% |
| Recurring financial charges | 65 | €982 | €1,485 | +€504 | +51.3% |
| Profit (loss) for the period before taxes | 9903 | €38,822 | €105,294 | +€66,472 | +171.2% |
| Income taxes | 67/77 | €5,182 | €14,686 | +€9,504 | +183.4% |
| Profit (loss) for the period | 9904 | €33,640 | €90,607 | +€56,968 | +169.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,640 | €90,607 | +€56,968 | +169.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.