FALCO: 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.
FALCO
Largest movements
- Receivables within one year -€1.2m
down €1.2m (-76.5%), from €1.6m to €371,112
of which Other amounts receivable: -€1.2m
- Stocks and contracts +€833,292
up €833,292 (+11.3%), from €7.4m to €8.2m
- Other debts +€705,229
up €705,229 (+34.7%), from €2.0m to €2.7m
- Debts after one year -€599,800
down €599,800 (-15.2%), from €3.9m to €3.3m
- Current portion of long-term debt -€524,000
down €524,000 (-31.7%), from €1.7m to €1.1m
- Trade debts +€397,571
up €397,571 (+173.9%), from €228,601 to €626,172
- Profit (loss) carried forward -€234,659
down €234,659 (-23.3%), from €1.0m to €770,901
- Gross operating margin -€2.2m
down €2.2m, from €2.1m to -€14,429
- Taxes -€294,511
down €294,511 (-100.0%), from €294,511 to €0
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 | €9,062,709 | €8,713,056 | -€349,653 | -3.9% |
| Fixed assets | 21/28 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €9,062,709 | €8,713,056 | -€349,653 | -3.9% |
| Stocks and contracts in progress | 3 | €7,381,855 | €8,215,147 | +€833,292 | +11.3% |
| Stocks | 30/36 | €7,381,855 | €8,215,147 | +€833,292 | +11.3% |
| Amounts receivable within one year | 40/41 | €1,575,936 | €371,112 | -€1.2m | -76.5% |
| Trade receivables | 40 | €26,291 | €36,865 | +€10,574 | +40.2% |
| Other amounts receivable | 41 | €1,549,645 | €334,247 | -€1.2m | -78.4% |
| Current investments | 50/53 | €5,960 | €69 | -€5,891 | -98.8% |
| Cash at bank and in hand | 54/58 | €98,958 | €126,727 | +€27,769 | +28.1% |
| Total equity and liabilities | 10/49 | €9,062,709 | €8,713,056 | -€349,653 | -3.9% |
| Equity | 10/15 | €1,070,882 | €836,223 | -€234,659 | -21.9% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €2,322 | €2,322 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,322 | €2,322 | = | 0.0% |
| Legal reserve | 130 | €2,322 | €2,322 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,005,559 | €770,901 | -€234,659 | -23.3% |
| Amounts payable | 17/49 | €7,991,828 | €7,876,833 | -€114,995 | -1.4% |
| Amounts payable after more than one year | 17 | €3,947,800 | €3,348,000 | -€599,800 | -15.2% |
| Financial debts | 170/4 | €3,947,800 | €3,348,000 | -€599,800 | -15.2% |
| Amounts payable within one year | 42/48 | €4,043,455 | €4,518,405 | +€474,950 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €1,653,000 | €1,129,000 | -€524,000 | -31.7% |
| Trade debts | 44 | €228,601 | €626,172 | +€397,571 | +173.9% |
| Suppliers | 440/4 | €228,601 | €626,172 | +€397,571 | +173.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €129,897 | €26,048 | -€103,850 | -79.9% |
| Taxes | 450/3 | €129,897 | €26,048 | -€103,850 | -79.9% |
| Other amounts payable | 47/48 | €2,031,957 | €2,737,186 | +€705,229 | +34.7% |
| Accrued charges and deferred income | 492/3 | €572 | €10,428 | +€9,855 | +1721.7% |
| Other operating charges | 640/8 | €1,794 | €1,466 | -€328 | -18.3% |
| Non-recurring operating charges | 66A | €1,150 | €0 | -€1,150 | -100.0% |
| Gross operating margin | 9900 | €2,136,083 | -€14,429 | -€2.2m | |
| Operating profit (loss) | 9901 | €2,133,139 | -€15,895 | -€2.1m | |
| Financial income | 75/76B | €29,437 | €47,106 | +€17,670 | +60.0% |
| Recurring financial income | 75 | €29,437 | €47,106 | +€17,670 | +60.0% |
| Financial charges | 65/66B | €26,736 | €15,870 | -€10,866 | -40.6% |
| Recurring financial charges | 65 | €26,736 | €15,870 | -€10,866 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | €2,135,841 | €15,341 | -€2.1m | -99.3% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €294,511 | €0 | -€294,511 | -100.0% |
| Profit (loss) for the period | 9904 | €1,841,329 | €15,341 | -€1.8m | -99.2% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €1,841,329 | €15,341 | -€1.8m | -99.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.