FALCON BIO: what changed
Two financial 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.
FALCON BIO
Largest movements
- Cash -€48,721
down €48,721 (-83.2%), from €58,590 to €9,869
mainly Net result for the year (-€20,717) and Investment in fixed assets (net) (-€19,338)
- Tangible fixed assets +€13,874
up €13,874 (+140%), from €9,875 to €23,749
of which Furniture and vehicles: +€15,087
- Receivables within one year -€13,805
down €13,805 (-89.1%), from €15,498 to €1,692
of which Trade receivables: -€11,258
- Reserves -€20,717
down €20,717 (-66.6%), from €31,103 to €10,386
- Other debts -€15,248
down €15,248 (-40.5%), from €37,633 to €22,384
- Tax, wage and social debts -€11,635
down €11,635 (-95.5%), from €12,178 to €543
- Trade debts -€1,053
down €1,053 (-34.5%), from €3,049 to €1,996
- Gross operating margin -€55,856
down €55,856, from €41,492 to -€14,364
- Taxes -€8,085
down €8,085 (-98.6%), from €8,200 to €115
- Depreciation +€3,837
up €3,837 (+236%), from €1,627 to €5,464
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.
Derived cash bridge
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 | €83,963 | €35,310 | -€48,653 | -57.9% |
| Fixed assets | 21/28 | €9,875 | €23,749 | +€13,874 | +140% |
| Tangible fixed assets | 22/27 | €9,875 | €23,749 | +€13,874 | +140% |
| Plant, machinery and equipment | 23 | €9,572 | €8,358 | -€1,214 | -12.7% |
| Furniture and vehicles | 24 | €303 | €15,391 | +€15,087 | +4,972% |
| Current assets | 29/58 | €74,088 | €11,561 | -€62,526 | -84.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €15,498 | €1,692 | -€13,805 | -89.1% |
| Trade receivables | 40 | €12,698 | €1,439 | -€11,258 | -88.7% |
| Other amounts receivable | 41 | €2,800 | €253 | -€2,547 | -91.0% |
| Cash at bank and in hand | 54/58 | €58,590 | €9,869 | -€48,721 | -83.2% |
| Total equity and liabilities | 10/49 | €83,963 | €35,310 | -€48,653 | -57.9% |
| Equity | 10/15 | €31,104 | €10,387 | -€20,717 | -66.6% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €31,103 | €10,386 | -€20,717 | -66.6% |
| Distributable reserves | 133 | €31,103 | €10,386 | -€20,717 | -66.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,859 | €24,923 | -€27,936 | -52.8% |
| Amounts payable within one year | 42/48 | €52,859 | €24,923 | -€27,936 | -52.8% |
| Trade debts | 44 | €3,049 | €1,996 | -€1,053 | -34.5% |
| Suppliers | 440/4 | €3,049 | €1,996 | -€1,053 | -34.5% |
| Taxes, remuneration and social security | 45 | €12,178 | €543 | -€11,635 | -95.5% |
| Taxes | 450/3 | €12,178 | €543 | -€11,635 | -95.5% |
| Other amounts payable | 47/48 | €37,633 | €22,384 | -€15,248 | -40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,627 | €5,464 | +€3,837 | +236% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €41,492 | -€14,364 | -€55,856 | |
| Operating profit (loss) | 9901 | €39,478 | -€20,228 | -€59,706 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €175 | €374 | +€199 | +114% |
| Recurring financial charges | 65 | €175 | €374 | +€199 | +114% |
| Profit (loss) for the period before taxes | 9903 | €39,303 | -€20,602 | -€59,904 | |
| Income taxes | 67/77 | €8,200 | €115 | -€8,085 | -98.6% |
| Profit (loss) for the period | 9904 | €31,103 | -€20,717 | -€51,819 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,103 | -€20,717 | -€51,819 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.