FALCOS: 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.
FALCOS
Largest movements
- Cash -€3,437
down €3,437 (-29.4%), from €11,698 to €8,261
mainly Net result for the year (-€45,422) and Receivables within one year (-€578)
- Receivables within one year +€578
up €578 (+566.7%), from €102 to €680
- Tangible fixed assets -€146
no longer reported in 2025 (was €146)
- Profit (loss) carried forward -€44,896
down €44,896 (-123.4%), from -€36,373 to -€81,269
- Other debts +€42,411
up €42,411 (+782.2%), from €5,422 to €47,833
- Reserves -€527
down €527 (-1.5%), from €35,068 to €34,541
of which Tax-exempt reserves: -€527
- Gross operating margin -€34,205
down €34,205 (-335.6%), from -€10,192 to -€44,397
- Staff costs -€2,080
no longer reported in 2025 (was €2,080)
- Other operating charges -€649
down €649 (-52.3%), from €1,240 to €591
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 | €11,946 | €8,941 | -€3,005 | -25.2% |
| Fixed assets | 21/28 | €146 | - | -€146 | |
| Tangible fixed assets | 22/27 | €146 | - | -€146 | |
| Furniture and vehicles | 24 | €146 | - | -€146 | |
| Current assets | 29/58 | €11,800 | €8,941 | -€2,859 | -24.2% |
| Amounts receivable within one year | 40/41 | €102 | €680 | +€578 | +566.7% |
| Other amounts receivable | 41 | €102 | €680 | +€578 | +566.7% |
| Cash at bank and in hand | 54/58 | €11,698 | €8,261 | -€3,437 | -29.4% |
| Total equity and liabilities | 10/49 | €11,946 | €8,941 | -€3,005 | -25.2% |
| Equity | 10/15 | €6,131 | -€39,292 | -€45,423 | |
| Contributions | 10/11 | €7,436 | €7,436 | = | 0.0% |
| Reserves | 13 | €35,068 | €34,541 | -€527 | -1.5% |
| Non-distributable reserves | 130/1 | €4,936 | €4,936 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,936 | €4,936 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,527 | €6,000 | -€527 | -8.1% |
| Distributable reserves | 133 | €23,605 | €23,605 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,373 | -€81,269 | -€44,896 | -123.4% |
| Amounts payable | 17/49 | €5,815 | €48,233 | +€42,418 | +729.5% |
| Amounts payable within one year | 42/48 | €5,815 | €48,233 | +€42,418 | +729.5% |
| Trade debts | 44 | €393 | €400 | +€7 | +1.8% |
| Suppliers | 440/4 | €393 | €400 | +€7 | +1.8% |
| Other amounts payable | 47/48 | €5,422 | €47,833 | +€42,411 | +782.2% |
| Remuneration, social security and pensions | 62 | €2,080 | - | -€2,080 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €462 | €146 | -€316 | -68.4% |
| Other operating charges | 640/8 | €1,240 | €591 | -€649 | -52.3% |
| Gross operating margin | 9900 | -€10,192 | -€44,397 | -€34,205 | -335.6% |
| Operating profit (loss) | 9901 | -€13,974 | -€45,134 | -€31,160 | -223.0% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €558 | €293 | -€265 | -47.5% |
| Recurring financial charges | 65 | €558 | €293 | -€265 | -47.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,532 | -€45,422 | -€30,890 | -212.6% |
| Profit (loss) for the period | 9904 | -€14,532 | -€45,422 | -€30,890 | -212.6% |
| Transfer from tax-exempt reserves | 789 | - | €526 | +€526 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,532 | -€44,896 | -€30,364 | -208.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.