FALCON TRADING: 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 TRADING
Largest movements
- Cash +€143,671
up €143,671 (+175%), from €81,870 to €225,541
mainly Net result for the year (+€230,967) and Current investments (+€125,000)
- Current investments -€125,000
down €125,000 (-19.2%), from €650,000 to €525,000
- Receivables within one year +€97,539
up €97,539 (+19.4%), from €501,597 to €599,136
of which Trade receivables: +€83,480
- Reserves +€157,420
up €157,420 (+9.6%), from €1.6m to €1.8m
of which Distributable reserves: +€157,420
- Tax, wage and social debts -€74,445
down €74,445 (-72.7%), from €102,337 to €27,892
of which Taxes: -€74,445
- Other debts +€55,931
up €55,931 (+37.2%), from €150,422 to €206,354
- Trade debts -€24,195
down €24,195 (-75.8%), from €31,919 to €7,724
- Gross operating margin -€90,177
down €90,177 (-17.9%), from €504,151 to €413,974
- Taxes -€44,218
down €44,218 (-30.4%), from €145,480 to €101,262
- Depreciation -€17,916
down €17,916 (-56.5%), from €31,700 to €13,784
- Financial income +€13,587
up €13,587 (+186%), from €7,317 to €20,905
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 | €1,947,653 | €2,053,825 | +€106,172 | +5.5% |
| Fixed assets | 21/28 | €714,186 | €704,149 | -€10,037 | -1.4% |
| Tangible fixed assets | 22/27 | €109,921 | €99,883 | -€10,037 | -9.1% |
| Furniture and vehicles | 24 | €87,103 | €87,995 | +€893 | +1.0% |
| Leasing and similar rights | 25 | €22,818 | €11,888 | -€10,930 | -47.9% |
| Financial fixed assets | 28 | €604,265 | €604,265 | = | 0.0% |
| Current assets | 29/58 | €1,233,467 | €1,349,676 | +€116,209 | +9.4% |
| Amounts receivable within one year | 40/41 | €501,597 | €599,136 | +€97,539 | +19.4% |
| Trade receivables | 40 | €465,233 | €548,714 | +€83,480 | +17.9% |
| Other amounts receivable | 41 | €36,363 | €50,422 | +€14,058 | +38.7% |
| Current investments | 50/53 | €650,000 | €525,000 | -€125,000 | -19.2% |
| Cash at bank and in hand | 54/58 | €81,870 | €225,541 | +€143,671 | +175% |
| Total equity and liabilities | 10/49 | €1,947,653 | €2,053,825 | +€106,172 | +5.5% |
| Equity | 10/15 | €1,638,495 | €1,795,915 | +€157,420 | +9.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,632,295 | €1,789,715 | +€157,420 | +9.6% |
| Non-distributable reserves | 130/1 | €16,140 | €16,140 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,140 | €16,140 | = | 0.0% |
| Tax-exempt reserves | 132 | €231 | €231 | = | 0.0% |
| Distributable reserves | 133 | €1,615,924 | €1,773,344 | +€157,420 | +9.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €309,157 | €257,910 | -€51,248 | -16.6% |
| Amounts payable after more than one year | 17 | €3,303 | €0 | -€3,303 | -100% |
| Financial debts | 170/4 | €3,303 | €0 | -€3,303 | -100% |
| Amounts payable within one year | 42/48 | €304,504 | €256,560 | -€47,944 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €13,326 | €3,303 | -€10,022 | -75.2% |
| Financial debts | 43 | €6,500 | €11,287 | +€4,786 | +73.6% |
| Credit institutions | 430/8 | €6,500 | €11,287 | +€4,786 | +73.6% |
| Trade debts | 44 | €31,919 | €7,724 | -€24,195 | -75.8% |
| Suppliers | 440/4 | €31,919 | €7,724 | -€24,195 | -75.8% |
| Taxes, remuneration and social security | 45 | €102,337 | €27,892 | -€74,445 | -72.7% |
| Taxes | 450/3 | €102,228 | €27,784 | -€74,445 | -72.8% |
| Remuneration and social security | 454/9 | €108 | €108 | = | 0.0% |
| Other amounts payable | 47/48 | €150,422 | €206,354 | +€55,931 | +37.2% |
| Accrued charges and deferred income | 492/3 | €1,350 | €1,350 | = | 0.0% |
| Non-recurring operating income | 76A | - | €97,867 | +€97,867 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,700 | €13,784 | -€17,916 | -56.5% |
| Other operating charges | 640/8 | €1,851 | €664 | -€1,187 | -64.1% |
| Non-recurring operating charges | 66A | - | €76,655 | +€76,655 | |
| Gross operating margin | 9900 | €504,151 | €413,974 | -€90,177 | -17.9% |
| Operating profit (loss) | 9901 | €470,600 | €322,870 | -€147,729 | -31.4% |
| Financial income | 75/76B | €7,317 | €20,905 | +€13,587 | +186% |
| Recurring financial income | 75 | €7,317 | €20,905 | +€13,587 | +186% |
| Financial charges | 65/66B | €6,993 | €11,546 | +€4,553 | +65.1% |
| Recurring financial charges | 65 | €6,993 | €11,546 | +€4,553 | +65.1% |
| Profit (loss) for the period before taxes | 9903 | €470,924 | €332,229 | -€138,696 | -29.5% |
| Income taxes | 67/77 | €145,480 | €101,262 | -€44,218 | -30.4% |
| Profit (loss) for the period | 9904 | €325,445 | €230,967 | -€94,478 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €325,445 | €230,967 | -€94,478 | -29.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.