FALCONWOOD: 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.
FALCONWOOD
Largest movements
- Cash -€52,981
down €52,981 (-28.3%), from €187,066 to €134,085
mainly Contributions, distributions and other (-€100,000) and Receivables after one year (-€9,000)
- Receivables after one year +€9,000
up €9,000 (+8.0%), from €112,000 to €121,000
- Receivables within one year -€4,397
down €4,397 (-66.0%), from €6,658 to €2,261
of which Trade receivables: -€4,768
- Reserves -€63,636
down €63,636 (-24.2%), from €263,195 to €199,559
- Tax, wage and social debts +€9,428
up €9,428 (+25.1%), from €37,532 to €46,959
- Trade debts +€8,346
up €8,346 (+12,248%), from €68 to €8,414
- Gross operating margin -€56,571
down €56,571 (-52.1%), from €108,632 to €52,061
- Taxes -€19,760
down €19,760 (-51.9%), from €38,045 to €18,285
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 | €314,685 | €267,878 | -€46,807 | -14.9% |
| Fixed assets | 21/28 | €3,040 | €1,673 | -€1,366 | -44.9% |
| Tangible fixed assets | 22/27 | €3,040 | €1,673 | -€1,366 | -44.9% |
| Furniture and vehicles | 24 | €3,040 | €1,673 | -€1,366 | -44.9% |
| Current assets | 29/58 | €311,645 | €266,204 | -€45,441 | -14.6% |
| Amounts receivable after more than one year | 29 | €112,000 | €121,000 | +€9,000 | +8.0% |
| Other amounts receivable | 291 | €112,000 | €121,000 | +€9,000 | +8.0% |
| Amounts receivable within one year | 40/41 | €6,658 | €2,261 | -€4,397 | -66.0% |
| Trade receivables | 40 | €6,500 | €1,732 | -€4,768 | -73.4% |
| Other amounts receivable | 41 | €158 | €529 | +€371 | +235% |
| Cash at bank and in hand | 54/58 | €187,066 | €134,085 | -€52,981 | -28.3% |
| Deferred charges and accrued income | 490/1 | €5,921 | €8,858 | +€2,937 | +49.6% |
| Total equity and liabilities | 10/49 | €314,685 | €267,878 | -€46,807 | -14.9% |
| Equity | 10/15 | €275,567 | €211,931 | -€63,636 | -23.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €263,195 | €199,559 | -€63,636 | -24.2% |
| Distributable reserves | 133 | €263,195 | €199,559 | -€63,636 | -24.2% |
| Profit (loss) carried forward | 14 | €9,372 | €9,372 | = | 0.0% |
| Amounts payable | 17/49 | €39,118 | €55,947 | +€16,829 | +43.0% |
| Amounts payable within one year | 42/48 | €39,118 | €55,947 | +€16,829 | +43.0% |
| Trade debts | 44 | €68 | €8,414 | +€8,346 | +12,248% |
| Suppliers | 440/4 | €68 | €8,414 | +€8,346 | +12,248% |
| Taxes, remuneration and social security | 45 | €37,532 | €46,959 | +€9,428 | +25.1% |
| Taxes | 450/3 | €37,532 | €46,959 | +€9,428 | +25.1% |
| Other amounts payable | 47/48 | €1,518 | €574 | -€944 | -62.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,167 | €967 | -€200 | -17.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €108,632 | €52,061 | -€56,571 | -52.1% |
| Operating profit (loss) | 9901 | €107,078 | €50,694 | -€56,384 | -52.7% |
| Financial income | 75/76B | €3,720 | €4,105 | +€385 | +10.3% |
| Recurring financial income | 75 | €3,720 | €4,105 | +€385 | +10.3% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €110,663 | €54,649 | -€56,014 | -50.6% |
| Income taxes | 67/77 | €38,045 | €18,285 | -€19,760 | -51.9% |
| Profit (loss) for the period | 9904 | €72,618 | €36,364 | -€36,254 | -49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €72,618 | €36,364 | -€36,254 | -49.9% |
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 31 October 2026 via checked.be.