FALIDIS: 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.
FALIDIS
Largest movements
- Cash +€574,152
up €574,152 (+48.2%), from €1.2m to €1.8m
mainly Net result for the year (+€502,499) and Trade debts (+€351,975)
- Current investments +€400,000
new in 2025: €400,000
- Deferred charges and accrued income -€124,884
no longer reported in 2025 (was €124,884)
- Receivables within one year +€92,654
up €92,654 (+42.8%), from €216,546 to €309,200
of which Trade receivables: +€139,109
- Profit (loss) carried forward +€502,499
up €502,499 (+126.4%), from €397,434 to €899,933
- Trade debts +€351,975
up €351,975 (+27.1%), from €1.3m to €1.7m
- Tax, wage and social debts +€92,265
up €92,265 (+27.0%), from €341,292 to €433,557
of which Taxes: +€95,981
- Staff costs -€105,592
down €105,592 (-4.4%), from €2.4m to €2.3m
- Gross operating margin +€43,432
up €43,432 (+1.4%), from €3.0m to €3.1m
- Taxes +€32,100
up €32,100 (+20.6%), from €155,620 to €187,720
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 | €2,260,617 | €3,217,711 | +€957,093 | +42.3% |
| Fixed assets | 21/28 | €29,441 | €37,308 | +€7,866 | +26.7% |
| Intangible fixed assets | 21 | €10,510 | €8,180 | -€2,331 | -22.2% |
| Tangible fixed assets | 22/27 | €18,931 | €29,128 | +€10,197 | +53.9% |
| Plant, machinery and equipment | 23 | €15,799 | €19,301 | +€3,502 | +22.2% |
| Furniture and vehicles | 24 | €3,132 | €9,827 | +€6,695 | +213.8% |
| Current assets | 29/58 | €2,231,176 | €3,180,403 | +€949,227 | +42.5% |
| Stocks and contracts in progress | 3 | €699,231 | €706,536 | +€7,305 | +1.0% |
| Stocks | 30/36 | €699,231 | €706,536 | +€7,305 | +1.0% |
| Amounts receivable within one year | 40/41 | €216,546 | €309,200 | +€92,654 | +42.8% |
| Trade receivables | 40 | €167,332 | €306,441 | +€139,109 | +83.1% |
| Other amounts receivable | 41 | €49,214 | €2,759 | -€46,455 | -94.4% |
| Current investments | 50/53 | - | €400,000 | +€400,000 | |
| Cash at bank and in hand | 54/58 | €1,190,515 | €1,764,667 | +€574,152 | +48.2% |
| Deferred charges and accrued income | 490/1 | €124,884 | - | -€124,884 | |
| Total equity and liabilities | 10/49 | €2,260,617 | €3,217,711 | +€957,093 | +42.3% |
| Equity | 10/15 | €412,040 | €914,539 | +€502,499 | +122.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €9,606 | €9,606 | = | 0.0% |
| Distributable reserves | 133 | €9,606 | €9,606 | = | 0.0% |
| Profit (loss) carried forward | 14 | €397,434 | €899,933 | +€502,499 | +126.4% |
| Amounts payable | 17/49 | €1,848,577 | €2,303,172 | +€454,594 | +24.6% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,648,577 | €2,103,172 | +€454,594 | +27.6% |
| Trade debts | 44 | €1,300,142 | €1,652,117 | +€351,975 | +27.1% |
| Suppliers | 440/4 | €1,300,142 | €1,652,117 | +€351,975 | +27.1% |
| Advances received on contracts in progress | 46 | €2,949 | €4,449 | +€1,499 | +50.8% |
| Taxes, remuneration and social security | 45 | €341,292 | €433,557 | +€92,265 | +27.0% |
| Taxes | 450/3 | €9,354 | €105,334 | +€95,981 | +1026.1% |
| Remuneration and social security | 454/9 | €331,938 | €328,223 | -€3,716 | -1.1% |
| Other amounts payable | 47/48 | €4,194 | €13,049 | +€8,855 | +211.2% |
| Non-recurring operating income | 76A | - | €2,804 | +€2,804 | |
| Remuneration, social security and pensions | 62 | €2,421,379 | €2,315,786 | -€105,592 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,672 | €9,285 | +€4,613 | +98.7% |
| Other operating charges | 640/8 | €4,216 | €13,285 | +€9,069 | +215.1% |
| Gross operating margin | 9900 | €3,015,114 | €3,058,545 | +€43,432 | +1.4% |
| Operating profit (loss) | 9901 | €584,847 | €720,189 | +€135,342 | +23.1% |
| Financial income | 75/76B | €359 | €3,999 | +€3,640 | +1013.4% |
| Recurring financial income | 75 | €359 | €3,999 | +€3,640 | +1013.4% |
| Financial charges | 65/66B | €20,436 | €33,969 | +€13,534 | +66.2% |
| Recurring financial charges | 65 | €20,189 | €31,243 | +€11,055 | +54.8% |
| Non-recurring financial charges | 66B | €247 | €2,726 | +€2,479 | +1002.1% |
| Profit (loss) for the period before taxes | 9903 | €564,770 | €690,219 | +€125,449 | +22.2% |
| Income taxes | 67/77 | €155,620 | €187,720 | +€32,100 | +20.6% |
| Profit (loss) for the period | 9904 | €409,150 | €502,499 | +€93,349 | +22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €409,150 | €502,499 | +€93,349 | +22.8% |
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 5 October 2026 via checked.be.