FALCON Projects: 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 Projects
Largest movements
- Cash +€37,989
up €37,989 (+114.3%), from €33,245 to €71,234
mainly Net result for the year (+€24,549) and Receivables within one year (+€9,024)
- Receivables within one year -€9,024
down €9,024 (-83.7%), from €10,775 to €1,751
of which Trade receivables: -€9,024
- Tangible fixed assets -€740
down €740 (-99.0%), from €748 to €8
of which Plant, machinery and equipment: -€716
- Profit (loss) carried forward +€24,549
up €24,549 (+49.9%), from -€49,227 to -€24,678
- Other debts +€2,833
up €2,833 (+25.2%), from €11,259 to €14,092
- Tax, wage and social debts +€759
up €759 (+5.8%), from €13,172 to €13,931
- Gross operating margin +€47,593
up €47,593, from -€20,513 to €27,080
- Depreciation -€633
down €633 (-46.1%), from €1,373 to €740
- Financial charges -€367
down €367 (-25.7%), from €1,430 to €1,063
- Other operating charges +€280
up €280 (+62.1%), from €451 to €731
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 | €44,768 | €73,075 | +€28,307 | +63.2% |
| Fixed assets | 21/28 | €748 | €8 | -€740 | -99.0% |
| Tangible fixed assets | 22/27 | €748 | €8 | -€740 | -99.0% |
| Plant, machinery and equipment | 23 | €724 | €8 | -€716 | -98.9% |
| Furniture and vehicles | 24 | €24 | €0 | -€24 | -100.0% |
| Current assets | 29/58 | €44,020 | €73,067 | +€29,047 | +66.0% |
| Amounts receivable within one year | 40/41 | €10,775 | €1,751 | -€9,024 | -83.7% |
| Trade receivables | 40 | €10,716 | €1,692 | -€9,024 | -84.2% |
| Other amounts receivable | 41 | €59 | €59 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €33,245 | €71,234 | +€37,989 | +114.3% |
| Deferred charges and accrued income | 490/1 | - | €82 | +€82 | |
| Total equity and liabilities | 10/49 | €44,768 | €73,075 | +€28,307 | +63.2% |
| Equity | 10/15 | €18,256 | €42,805 | +€24,549 | +134.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €61,283 | €61,283 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €59,423 | €59,423 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,227 | -€24,678 | +€24,549 | +49.9% |
| Amounts payable | 17/49 | €26,512 | €30,270 | +€3,758 | +14.2% |
| Amounts payable within one year | 42/48 | €26,512 | €30,270 | +€3,758 | +14.2% |
| Trade debts | 44 | €2,081 | €2,247 | +€165 | +7.9% |
| Suppliers | 440/4 | €2,081 | €2,247 | +€165 | +7.9% |
| Taxes, remuneration and social security | 45 | €13,172 | €13,931 | +€759 | +5.8% |
| Taxes | 450/3 | €13,172 | €13,931 | +€759 | +5.8% |
| Other amounts payable | 47/48 | €11,259 | €14,092 | +€2,833 | +25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,373 | €740 | -€633 | -46.1% |
| Other operating charges | 640/8 | €451 | €731 | +€280 | +62.1% |
| Gross operating margin | 9900 | -€20,513 | €27,080 | +€47,593 | |
| Operating profit (loss) | 9901 | -€22,337 | €25,609 | +€47,946 | |
| Financial income | 75/76B | €113 | €3 | -€110 | -97.3% |
| Recurring financial income | 75 | €113 | €3 | -€110 | -97.3% |
| Financial charges | 65/66B | €1,430 | €1,063 | -€367 | -25.7% |
| Recurring financial charges | 65 | €1,430 | €1,063 | -€367 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | -€23,654 | €24,549 | +€48,203 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€23,654 | €24,549 | +€48,203 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,654 | €24,549 | +€48,203 |
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 11 October 2026 via checked.be.