Falcon Security: 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 Security
Largest movements
- Cash +€21,329
up €21,329 (+87.1%), from €24,474 to €45,803
mainly Net result for the year (+€15,391) and Receivables within one year (+€7,947)
- Receivables within one year -€7,947
down €7,947 (-82.9%), from €9,587 to €1,641
of which Trade receivables: -€4,133
- Tangible fixed assets +€1,354
up €1,354 (+76.6%), from €1,768 to €3,122
of which Plant, machinery and equipment: +€2,147
- Deferred charges and accrued income -€521
down €521 (-92.5%), from €564 to €42
- Profit (loss) carried forward +€15,391
up €15,391 (+184.1%), from €8,358 to €23,749
- Advances received -€3,598
no longer reported in 2026 (was €3,598)
- Trade debts +€1,275
up €1,275 (+33.0%), from €3,866 to €5,140
- Tax, wage and social debts +€1,146
new in 2026: €1,146
- Gross operating margin +€5,218
up €5,218 (+30.8%), from €16,935 to €22,154
- Taxes +€2,369
up €2,369 (+85.0%), from €2,786 to €5,155
- Other operating charges -€492
down €492 (-61.7%), from €797 to €305
- Staff costs -€335
down €335 (-45.6%), from €735 to €400
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,393 | €50,607 | +€14,214 | +39.1% |
| Fixed assets | 21/28 | €1,768 | €3,122 | +€1,354 | +76.6% |
| Tangible fixed assets | 22/27 | €1,768 | €3,122 | +€1,354 | +76.6% |
| Plant, machinery and equipment | 23 | - | €2,147 | +€2,147 | |
| Other tangible fixed assets | 26 | €1,768 | €975 | -€794 | -44.9% |
| Current assets | 29/58 | €34,625 | €47,485 | +€12,860 | +37.1% |
| Amounts receivable within one year | 40/41 | €9,587 | €1,641 | -€7,947 | -82.9% |
| Trade receivables | 40 | €4,929 | €796 | -€4,133 | -83.9% |
| Other amounts receivable | 41 | €4,658 | €845 | -€3,813 | -81.9% |
| Cash at bank and in hand | 54/58 | €24,474 | €45,803 | +€21,329 | +87.1% |
| Deferred charges and accrued income | 490/1 | €564 | €42 | -€521 | -92.5% |
| Total equity and liabilities | 10/49 | €36,393 | €50,607 | +€14,214 | +39.1% |
| Equity | 10/15 | €13,358 | €28,749 | +€15,391 | +115.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,358 | €23,749 | +€15,391 | +184.1% |
| Amounts payable | 17/49 | €23,035 | €21,858 | -€1,177 | -5.1% |
| Amounts payable within one year | 42/48 | €23,035 | €21,858 | -€1,177 | -5.1% |
| Trade debts | 44 | €3,866 | €5,140 | +€1,275 | +33.0% |
| Suppliers | 440/4 | €3,866 | €5,140 | +€1,275 | +33.0% |
| Advances received on contracts in progress | 46 | €3,598 | - | -€3,598 | |
| Taxes, remuneration and social security | 45 | - | €1,146 | +€1,146 | |
| Taxes | 450/3 | - | €1,146 | +€1,146 | |
| Other amounts payable | 47/48 | €15,572 | €15,572 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €735 | €400 | -€335 | -45.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €794 | €821 | +€28 | +3.5% |
| Other operating charges | 640/8 | €797 | €305 | -€492 | -61.7% |
| Gross operating margin | 9900 | €16,935 | €22,154 | +€5,218 | +30.8% |
| Operating profit (loss) | 9901 | €14,610 | €20,628 | +€6,017 | +41.2% |
| Financial charges | 65/66B | €74 | €82 | +€8 | +11.2% |
| Recurring financial charges | 65 | €74 | €82 | +€8 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €14,537 | €20,546 | +€6,009 | +41.3% |
| Income taxes | 67/77 | €2,786 | €5,155 | +€2,369 | +85.0% |
| Profit (loss) for the period | 9904 | €11,751 | €15,391 | +€3,640 | +31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,751 | €15,391 | +€3,640 | +31.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.