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
- Cash +€94,339
up €94,339 (+87.8%), from €107,464 to €201,803
mainly Net result for the year (+€229,650) and Depreciation (+€18,923)
- Tangible fixed assets -€18,093
down €18,093 (-38.1%), from €47,522 to €29,429
of which Furniture and vehicles: -€16,302
- Current investments -€12,775
down €12,775 (-2.6%), from €496,199 to €483,424
- Reserves +€90,000
up €90,000 (+29.0%), from €310,000 to €400,000
- Other debts -€55,523
down €55,523 (-30.1%), from €184,647 to €129,124
- Profit (loss) carried forward +€21,650
up €21,650 (+22.3%), from €97,276 to €118,926
- Tax, wage and social debts +€16,094
up €16,094 (+63.9%), from €25,188 to €41,281
- Gross operating margin +€19,088
up €19,088 (+6.4%), from €298,779 to €317,867
- Financial income +€13,556
up €13,556 (+269.1%), from €5,037 to €18,593
- Taxes +€9,522
up €9,522 (+12.6%), from €75,272 to €84,794
- Financial charges -€9,145
down €9,145 (-81.8%), from €11,178 to €2,034
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 | €653,039 | €717,163 | +€64,124 | +9.8% |
| Fixed assets | 21/28 | €47,522 | €29,429 | -€18,093 | -38.1% |
| Tangible fixed assets | 22/27 | €47,522 | €29,429 | -€18,093 | -38.1% |
| Plant, machinery and equipment | 23 | €2,537 | €746 | -€1,791 | -70.6% |
| Furniture and vehicles | 24 | €44,985 | €28,683 | -€16,302 | -36.2% |
| Current assets | 29/58 | €605,517 | €687,734 | +€82,217 | +13.6% |
| Amounts receivable within one year | 40/41 | - | €587 | +€587 | |
| Trade receivables | 40 | - | €587 | +€587 | |
| Current investments | 50/53 | €496,199 | €483,424 | -€12,775 | -2.6% |
| Cash at bank and in hand | 54/58 | €107,464 | €201,803 | +€94,339 | +87.8% |
| Deferred charges and accrued income | 490/1 | €1,855 | €1,921 | +€66 | +3.6% |
| Total equity and liabilities | 10/49 | €653,039 | €717,163 | +€64,124 | +9.8% |
| Equity | 10/15 | €427,736 | €539,386 | +€111,650 | +26.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €310,000 | €400,000 | +€90,000 | +29.0% |
| Distributable reserves | 133 | €310,000 | €400,000 | +€90,000 | +29.0% |
| Profit (loss) carried forward | 14 | €97,276 | €118,926 | +€21,650 | +22.3% |
| Amounts payable | 17/49 | €225,303 | €177,777 | -€47,526 | -21.1% |
| Amounts payable after more than one year | 17 | €6,474 | - | -€6,474 | |
| Financial debts | 170/4 | €6,474 | - | -€6,474 | |
| Amounts payable within one year | 42/48 | €218,829 | €177,777 | -€41,053 | -18.8% |
| Current portion of amounts payable after more than one year | 42 | €8,560 | €6,474 | -€2,087 | -24.4% |
| Trade debts | 44 | €434 | €897 | +€463 | +106.7% |
| Suppliers | 440/4 | €434 | €897 | +€463 | +106.7% |
| Taxes, remuneration and social security | 45 | €25,188 | €41,281 | +€16,094 | +63.9% |
| Taxes | 450/3 | €25,188 | €41,281 | +€16,094 | +63.9% |
| Other amounts payable | 47/48 | €184,647 | €129,124 | -€55,523 | -30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,506 | €18,923 | +€417 | +2.3% |
| Other operating charges | 640/8 | €1,381 | €1,059 | -€322 | -23.3% |
| Gross operating margin | 9900 | €298,779 | €317,867 | +€19,088 | +6.4% |
| Operating profit (loss) | 9901 | €278,892 | €297,885 | +€18,994 | +6.8% |
| Financial income | 75/76B | €5,037 | €18,593 | +€13,556 | +269.1% |
| Recurring financial income | 75 | €5,037 | €18,593 | +€13,556 | +269.1% |
| Financial charges | 65/66B | €11,178 | €2,034 | -€9,145 | -81.8% |
| Recurring financial charges | 65 | €11,178 | €2,034 | -€9,145 | -81.8% |
| Profit (loss) for the period before taxes | 9903 | €272,751 | €314,444 | +€41,694 | +15.3% |
| Income taxes | 67/77 | €75,272 | €84,794 | +€9,522 | +12.6% |
| Profit (loss) for the period | 9904 | €197,478 | €229,650 | +€32,172 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | €197,478 | €229,650 | +€32,172 | +16.3% |
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 3 October 2026 via checked.be.