Falcon Management: 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 Management
Largest movements
- Cash +€28,469
up €28,469 (+24.0%), from €118,420 to €146,889
mainly Net result for the year (+€72,141) and Other debts (+€52,558)
- Tangible fixed assets -€6,465
down €6,465 (-37.9%), from €17,052 to €10,587
of which Furniture and vehicles: -€6,083
- Other debts +€52,558
up €52,558 (+97.9%), from €53,672 to €106,230
- Profit (loss) carried forward -€27,859
down €27,859 (-37.8%), from €73,777 to €45,918
- Gross operating margin +€20,134
up €20,134 (+23.8%), from €84,774 to €104,908
- Depreciation -€10,557
down €10,557 (-55.1%), from €19,172 to €8,615
- Taxes +€6,090
up €6,090 (+39.2%), from €15,533 to €21,622
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 | €159,451 | €183,379 | +€23,928 | +15.0% |
| Fixed assets | 21/28 | €17,052 | €10,587 | -€6,465 | -37.9% |
| Tangible fixed assets | 22/27 | €17,052 | €10,587 | -€6,465 | -37.9% |
| Plant, machinery and equipment | 23 | €2,759 | €2,377 | -€382 | -13.9% |
| Furniture and vehicles | 24 | €14,293 | €8,210 | -€6,083 | -42.6% |
| Current assets | 29/58 | €142,399 | €172,792 | +€30,393 | +21.3% |
| Amounts receivable within one year | 40/41 | €20,180 | €20,694 | +€513 | +2.5% |
| Trade receivables | 40 | €19,965 | €20,694 | +€729 | +3.6% |
| Other amounts receivable | 41 | €215 | - | -€215 | |
| Cash at bank and in hand | 54/58 | €118,420 | €146,889 | +€28,469 | +24.0% |
| Deferred charges and accrued income | 490/1 | €3,799 | €5,210 | +€1,411 | +37.1% |
| Total equity and liabilities | 10/49 | €159,451 | €183,379 | +€23,928 | +15.0% |
| Equity | 10/15 | €83,777 | €55,918 | -€27,859 | -33.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,777 | €45,918 | -€27,859 | -37.8% |
| Amounts payable | 17/49 | €75,673 | €127,460 | +€51,787 | +68.4% |
| Amounts payable within one year | 42/48 | €75,622 | €127,460 | +€51,838 | +68.5% |
| Trade debts | 44 | €4,610 | €4,707 | +€97 | +2.1% |
| Suppliers | 440/4 | €4,610 | €4,707 | +€97 | +2.1% |
| Taxes, remuneration and social security | 45 | €17,341 | €16,524 | -€817 | -4.7% |
| Taxes | 450/3 | €17,341 | €16,524 | -€817 | -4.7% |
| Other amounts payable | 47/48 | €53,672 | €106,230 | +€52,558 | +97.9% |
| Accrued charges and deferred income | 492/3 | €51 | - | -€51 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,172 | €8,615 | -€10,557 | -55.1% |
| Other operating charges | 640/8 | €1,933 | €2,420 | +€487 | +25.2% |
| Gross operating margin | 9900 | €84,774 | €104,908 | +€20,134 | +23.8% |
| Operating profit (loss) | 9901 | €63,669 | €93,872 | +€30,203 | +47.4% |
| Financial income | 75/76B | €3 | €41 | +€38 | +1,500% |
| Recurring financial income | 75 | €3 | €41 | +€38 | +1,500% |
| Financial charges | 65/66B | €161 | €149 | -€11 | -7.1% |
| Recurring financial charges | 65 | €161 | €149 | -€11 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €63,511 | €93,763 | +€30,253 | +47.6% |
| Income taxes | 67/77 | €15,533 | €21,622 | +€6,090 | +39.2% |
| Profit (loss) for the period | 9904 | €47,978 | €72,141 | +€24,163 | +50.4% |
| Profit (loss) for the period to be appropriated | 9905 | €47,978 | €72,141 | +€24,163 | +50.4% |
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 21 October 2026 via checked.be.