FALCON FINANCIAL MANAGEMENT: what changed
FALCON FINANCIAL MANAGEMENT
Largest movements
- Receivables within one year +€37,464
up €37,464 (+382%), from €9,795 to €47,260
of which Other amounts receivable: +€27,037
- Tangible fixed assets -€17,278
down €17,278 (-6.4%), from €270,674 to €253,396
of which Land and buildings: -€10,000
- Debts after one year -€71,663
down €71,663 (-33.8%), from €211,963 to €140,299
of which Other amounts payable: -€63,020
- Profit (loss) carried forward +€69,841
up €69,841 (+108%), from €64,946 to €134,788
- Tax, wage and social debts +€23,094
up €23,094 (+168%), from €13,753 to €36,847
of which Taxes: +€22,590
- Gross operating margin +€43,548
up €43,548 (+61.0%), from €71,403 to €114,951
- Other operating charges -€30,668
down €30,668 (-94.2%), from €32,547 to €1,879
- Taxes +€15,104
up €15,104 (+351%), from €4,300 to €19,405
- Depreciation +€6,376
up €6,376 (+58.5%), from €10,902 to €17,278
- Financial charges +€2,789
up €2,789 (+92.7%), from €3,009 to €5,799
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €300,609 | €322,356 | +€21,747 | +7.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €270,674 | €253,396 | -€17,278 | -6.4% |
| Tangible fixed assets | 22/27 | €270,674 | €253,396 | -€17,278 | -6.4% |
| Land and buildings | 22 | €246,329 | €236,329 | -€10,000 | -4.1% |
| Furniture and vehicles | 24 | €24,345 | €17,067 | -€7,278 | -29.9% |
| Current assets | 29/58 | €29,935 | €68,960 | +€39,025 | +130% |
| Amounts receivable within one year | 40/41 | €9,795 | €47,260 | +€37,464 | +382% |
| Trade receivables | 40 | €9,731 | €20,159 | +€10,427 | +107% |
| Other amounts receivable | 41 | €64 | €27,101 | +€27,037 | +42,378% |
| Cash at bank and in hand | 54/58 | €19,484 | €21,045 | +€1,560 | +8.0% |
| Deferred charges and accrued income | 490/1 | €656 | €656 | = | 0.0% |
| Total equity and liabilities | 10/49 | €300,609 | €322,356 | +€21,747 | +7.2% |
| Equity | 10/15 | €65,946 | €135,788 | +€69,841 | +106% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,946 | €134,788 | +€69,841 | +108% |
| Amounts payable | 17/49 | €234,662 | €186,568 | -€48,095 | -20.5% |
| Amounts payable after more than one year | 17 | €211,963 | €140,299 | -€71,663 | -33.8% |
| Financial debts | 170/4 | €148,943 | €140,299 | -€8,644 | -5.8% |
| Other amounts payable | 178/9 | €63,020 | €0 | -€63,020 | -100% |
| Amounts payable within one year | 42/48 | €22,700 | €46,268 | +€23,569 | +104% |
| Current portion of amounts payable after more than one year | 42 | €8,345 | €8,644 | +€298 | +3.6% |
| Trade debts | 44 | - | €253 | +€253 | |
| Suppliers | 440/4 | - | €253 | +€253 | |
| Taxes, remuneration and social security | 45 | €13,753 | €36,847 | +€23,094 | +168% |
| Taxes | 450/3 | €13,753 | €36,343 | +€22,590 | +164% |
| Remuneration and social security | 454/9 | €0 | €504 | +€504 | |
| Other amounts payable | 47/48 | €601 | €525 | -€77 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,902 | €17,278 | +€6,376 | +58.5% |
| Other operating charges | 640/8 | €32,547 | €1,879 | -€30,668 | -94.2% |
| Gross operating margin | 9900 | €71,403 | €114,951 | +€43,548 | +61.0% |
| Operating profit (loss) | 9901 | €27,954 | €95,794 | +€67,840 | +243% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,009 | €5,799 | +€2,789 | +92.7% |
| Recurring financial charges | 65 | €3,009 | €5,799 | +€2,789 | +92.7% |
| Profit (loss) for the period before taxes | 9903 | €24,944 | €89,996 | +€65,051 | +261% |
| Income taxes | 67/77 | €4,300 | €19,405 | +€15,104 | +351% |
| Profit (loss) for the period | 9904 | €20,644 | €70,591 | +€49,947 | +242% |
| Profit (loss) for the period to be appropriated | 9905 | €20,644 | €70,591 | +€49,947 | +242% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.