FALCON GT: 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.
FALCON GT
Largest movements
- Tangible fixed assets +€105,319
new in 2025: €105,319
- Cash -€52,956
down €52,956 (-58.0%), from €91,246 to €38,290
mainly Investment in fixed assets (net) (-€114,159) and Receivables within one year (-€39,909)
- Receivables within one year +€39,909
up €39,909 (+100.8%), from €39,602 to €79,511
of which Other amounts receivable: +€29,097
- Profit (loss) carried forward +€57,426
up €57,426 (+59.7%), from €96,228 to €153,655
- Tax, wage and social debts +€30,511
up €30,511 (+66.0%), from €46,230 to €76,741
of which Taxes: +€27,840
- Gross operating margin -€56,515
down €56,515 (-35.1%), from €161,195 to €104,681
- Other operating charges -€14,843
down €14,843 (-92.0%), from €16,137 to €1,294
- Taxes -€12,446
down €12,446 (-35.1%), from €35,500 to €23,054
- Depreciation +€7,645
up €7,645 (+639.8%), from €1,195 to €8,840
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 | €269,908 | €362,180 | +€92,272 | +34.2% |
| Fixed assets | 21/28 | €139,060 | €244,379 | +€105,319 | +75.7% |
| Tangible fixed assets | 22/27 | - | €105,319 | +€105,319 | |
| Land and buildings | 22 | - | €105,319 | +€105,319 | |
| Financial fixed assets | 28 | €139,060 | €139,060 | = | 0.0% |
| Current assets | 29/58 | €130,848 | €117,801 | -€13,047 | -10.0% |
| Amounts receivable within one year | 40/41 | €39,602 | €79,511 | +€39,909 | +100.8% |
| Trade receivables | 40 | €34,651 | €45,463 | +€10,812 | +31.2% |
| Other amounts receivable | 41 | €4,951 | €34,048 | +€29,097 | +587.7% |
| Cash at bank and in hand | 54/58 | €91,246 | €38,290 | -€52,956 | -58.0% |
| Total equity and liabilities | 10/49 | €269,908 | €362,180 | +€92,272 | +34.2% |
| Equity | 10/15 | €101,228 | €158,655 | +€57,426 | +56.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,228 | €153,655 | +€57,426 | +59.7% |
| Amounts payable | 17/49 | €168,680 | €203,526 | +€34,846 | +20.7% |
| Amounts payable after more than one year | 17 | €112,320 | €115,690 | +€3,370 | +3.0% |
| Other amounts payable | 178/9 | €112,320 | €115,690 | +€3,370 | +3.0% |
| Amounts payable within one year | 42/48 | €56,360 | €87,836 | +€31,476 | +55.8% |
| Trade debts | 44 | €2,630 | €1,095 | -€1,535 | -58.4% |
| Suppliers | 440/4 | €2,630 | €1,095 | -€1,535 | -58.4% |
| Taxes, remuneration and social security | 45 | €46,230 | €76,741 | +€30,511 | +66.0% |
| Taxes | 450/3 | €45,512 | €73,352 | +€27,840 | +61.2% |
| Remuneration and social security | 454/9 | €718 | €3,389 | +€2,671 | +372.0% |
| Other amounts payable | 47/48 | €7,500 | €10,000 | +€2,500 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,195 | €8,840 | +€7,645 | +639.8% |
| Other operating charges | 640/8 | €16,137 | €1,294 | -€14,843 | -92.0% |
| Gross operating margin | 9900 | €161,195 | €104,681 | -€56,515 | -35.1% |
| Operating profit (loss) | 9901 | €143,864 | €94,546 | -€49,317 | -34.3% |
| Financial income | 75/76B | - | €309 | +€309 | |
| Recurring financial income | 75 | - | €309 | +€309 | |
| Financial charges | 65/66B | €4,635 | €4,375 | -€260 | -5.6% |
| Recurring financial charges | 65 | €4,635 | €4,375 | -€260 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €139,228 | €90,480 | -€48,748 | -35.0% |
| Income taxes | 67/77 | €35,500 | €23,054 | -€12,446 | -35.1% |
| Profit (loss) for the period | 9904 | €103,728 | €67,426 | -€36,302 | -35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €103,728 | €67,426 | -€36,302 | -35.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.