FALCONIT: 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.
FALCONIT
Largest movements
- Tangible fixed assets +€64,804
up €64,804 (+69.8%), from €92,858 to €157,662
of which Land and buildings: +€65,035
- Cash +€29,004
up €29,004 (+100%), from €28,992 to €57,996
mainly Debts after one year (+€56,632) and Net result for the year (+€23,630)
- Receivables within one year -€8,227
down €8,227 (-65.4%), from €12,576 to €4,349
of which Trade receivables: -€11,436
- Debts after one year +€56,632
up €56,632 (+98.8%), from €57,344 to €113,976
- Profit (loss) carried forward +€23,630
up €23,630 (+47.2%), from €50,019 to €73,649
- Tax, wage and social debts +€2,712
up €2,712 (+12.0%), from €22,534 to €25,247
- Gross operating margin -€54,541
down €54,541 (-62.0%), from €87,902 to €33,361
- Other operating charges -€16,354
down €16,354 (-91.6%), from €17,846 to €1,492
- Taxes -€15,926
down €15,926 (-99.6%), from €15,984 to €58
- Depreciation +€2,198
up €2,198 (+89.6%), from €2,453 to €4,650
- Financial charges +€1,930
up €1,930 (+121%), from €1,600 to €3,530
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 | €136,326 | €220,007 | +€83,681 | +61.4% |
| Fixed assets | 21/28 | €92,858 | €157,662 | +€64,804 | +69.8% |
| Tangible fixed assets | 22/27 | €92,858 | €157,662 | +€64,804 | +69.8% |
| Land and buildings | 22 | €90,054 | €155,089 | +€65,035 | +72.2% |
| Furniture and vehicles | 24 | €2,804 | €2,573 | -€231 | -8.2% |
| Current assets | 29/58 | €43,468 | €62,345 | +€18,877 | +43.4% |
| Amounts receivable within one year | 40/41 | €12,576 | €4,349 | -€8,227 | -65.4% |
| Trade receivables | 40 | €12,335 | €899 | -€11,436 | -92.7% |
| Other amounts receivable | 41 | €241 | €3,450 | +€3,209 | +1,332% |
| Cash at bank and in hand | 54/58 | €28,992 | €57,996 | +€29,004 | +100% |
| Deferred charges and accrued income | 490/1 | €1,900 | - | -€1,900 | |
| Total equity and liabilities | 10/49 | €136,326 | €220,007 | +€83,681 | +61.4% |
| Equity | 10/15 | €52,019 | €75,649 | +€23,630 | +45.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,019 | €73,649 | +€23,630 | +47.2% |
| Amounts payable | 17/49 | €84,307 | €144,358 | +€60,051 | +71.2% |
| Amounts payable after more than one year | 17 | €57,344 | €113,976 | +€56,632 | +98.8% |
| Financial debts | 170/4 | €57,344 | €113,976 | +€56,632 | +98.8% |
| Amounts payable within one year | 42/48 | €26,750 | €30,383 | +€3,632 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | €3,186 | €3,995 | +€809 | +25.4% |
| Trade debts | 44 | €1,030 | €1,141 | +€111 | +10.8% |
| Suppliers | 440/4 | €1,030 | €1,141 | +€111 | +10.8% |
| Taxes, remuneration and social security | 45 | €22,534 | €25,247 | +€2,712 | +12.0% |
| Taxes | 450/3 | €22,534 | €25,247 | +€2,712 | +12.0% |
| Accrued charges and deferred income | 492/3 | €213 | - | -€213 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,453 | €4,650 | +€2,198 | +89.6% |
| Other operating charges | 640/8 | €17,846 | €1,492 | -€16,354 | -91.6% |
| Gross operating margin | 9900 | €87,902 | €33,361 | -€54,541 | -62.0% |
| Operating profit (loss) | 9901 | €67,603 | €27,218 | -€40,385 | -59.7% |
| Financial charges | 65/66B | €1,600 | €3,530 | +€1,930 | +121% |
| Recurring financial charges | 65 | €1,600 | €3,530 | +€1,930 | +121% |
| Profit (loss) for the period before taxes | 9903 | €66,003 | €23,688 | -€42,315 | -64.1% |
| Income taxes | 67/77 | €15,984 | €58 | -€15,926 | -99.6% |
| Profit (loss) for the period | 9904 | €50,019 | €23,630 | -€26,389 | -52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €50,019 | €23,630 | -€26,389 | -52.8% |
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 14 October 2026 via checked.be.