FALCON EU: 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 EU
Largest movements
- Tangible fixed assets +€51,693
up €51,693 (+10.2%), from €508,306 to €559,998
of which Land and buildings: +€37,542
- Formation expenses +€8,824
new in 2025: €8,824
- Profit (loss) carried forward +€68,773
up €68,773 (+92.3%), from €74,487 to €143,260
- Trade debts -€27,870
down €27,870 (-20.6%), from €135,612 to €107,742
- Other debts +€24,015
up €24,015 (+79.9%), from €30,047 to €54,063
- Accrued charges and deferred income +€20,009
new in 2025: €20,009
- Debts after one year -€18,141
down €18,141 (-4.8%), from €377,598 to €359,458
- Gross operating margin +€208,303
up €208,303 (+56.1%), from €371,627 to €579,931
- Staff costs +€65,972
up €65,972 (+17.5%), from €377,926 to €443,898
- Other operating charges -€48,663
down €48,663 (-68.3%), from €71,240 to €22,577
- Taxes +€24,271
up €24,271 (+1,827%), from €1,329 to €25,600
- Financial charges +€6,417
up €6,417 (+29.2%), from €22,001 to €28,417
of which Financial charges: +€9,519
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 | €771,516 | €840,431 | +€68,915 | +8.9% |
| Formation expenses | 20 | - | €8,824 | +€8,824 | |
| Fixed assets | 21/28 | €512,256 | €570,083 | +€57,828 | +11.3% |
| Tangible fixed assets | 22/27 | €508,306 | €559,998 | +€51,693 | +10.2% |
| Land and buildings | 22 | €498,747 | €536,289 | +€37,542 | +7.5% |
| Plant, machinery and equipment | 23 | €4,453 | €4,197 | -€256 | -5.7% |
| Furniture and vehicles | 24 | €5,106 | €19,512 | +€14,406 | +282% |
| Financial fixed assets | 28 | €3,950 | €10,085 | +€6,135 | +155% |
| Current assets | 29/58 | €259,260 | €261,524 | +€2,264 | +0.9% |
| Stocks and contracts in progress | 3 | €99,351 | €99,188 | -€163 | -0.2% |
| Stocks | 30/36 | €99,351 | €99,188 | -€163 | -0.2% |
| Amounts receivable within one year | 40/41 | €159,340 | €153,189 | -€6,151 | -3.9% |
| Trade receivables | 40 | €158,902 | €153,189 | -€5,713 | -3.6% |
| Other amounts receivable | 41 | €439 | - | -€439 | |
| Cash at bank and in hand | 54/58 | €569 | €4,394 | +€3,825 | +672% |
| Deferred charges and accrued income | 490/1 | - | €4,753 | +€4,753 | |
| Total equity and liabilities | 10/49 | €771,516 | €840,431 | +€68,915 | +8.9% |
| Equity | 10/15 | €93,087 | €161,860 | +€68,773 | +73.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,487 | €143,260 | +€68,773 | +92.3% |
| Amounts payable | 17/49 | €678,429 | €678,572 | +€142 | 0.0% |
| Amounts payable after more than one year | 17 | €377,598 | €359,458 | -€18,141 | -4.8% |
| Financial debts | 170/4 | €377,598 | €359,458 | -€18,141 | -4.8% |
| Amounts payable within one year | 42/48 | €300,831 | €299,105 | -€1,726 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €20,922 | €21,685 | +€764 | +3.7% |
| Financial debts | 43 | €6 | - | -€6 | |
| Credit institutions | 430/8 | €6 | - | -€6 | |
| Trade debts | 44 | €135,612 | €107,742 | -€27,870 | -20.6% |
| Suppliers | 440/4 | €135,612 | €107,742 | -€27,870 | -20.6% |
| Taxes, remuneration and social security | 45 | €114,244 | €115,615 | +€1,371 | +1.2% |
| Taxes | 450/3 | €76,317 | €79,655 | +€3,338 | +4.4% |
| Remuneration and social security | 454/9 | €37,927 | €35,960 | -€1,967 | -5.2% |
| Other amounts payable | 47/48 | €30,047 | €54,063 | +€24,015 | +79.9% |
| Accrued charges and deferred income | 492/3 | - | €20,009 | +€20,009 | |
| Remuneration, social security and pensions | 62 | €377,926 | €443,898 | +€65,972 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,345 | €32,278 | +€933 | +3.0% |
| Other operating charges | 640/8 | €71,240 | €22,577 | -€48,663 | -68.3% |
| Gross operating margin | 9900 | €371,627 | €579,931 | +€208,303 | +56.1% |
| Operating profit (loss) | 9901 | -€108,884 | €81,178 | +€190,062 | |
| Financial income | 75/76B | €34 | €82 | +€47 | +137% |
| Recurring financial income | 75 | €34 | €82 | +€47 | +137% |
| Financial charges | 65/66B | €22,001 | €28,417 | +€6,417 | +29.2% |
| Recurring financial charges | 65 | €18,898 | €28,417 | +€9,519 | +50.4% |
| Non-recurring financial charges | 66B | €3,102 | - | -€3,102 | |
| Profit (loss) for the period before taxes | 9903 | -€130,850 | €52,842 | +€183,692 | |
| Income taxes | 67/77 | €1,329 | €25,600 | +€24,271 | +1,827% |
| Profit (loss) for the period | 9904 | -€132,179 | €27,242 | +€159,421 | |
| Profit (loss) for the period to be appropriated | 9905 | -€132,179 | €27,242 | +€159,421 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.