Falkado Group: 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.
Falkado Group
Largest movements
- Receivables within one year +€100,888
up €100,888 (+201%), from €50,198 to €151,086
of which Trade receivables: +€102,398
- Cash +€17,444
up €17,444 (+54.2%), from €32,160 to €49,604
mainly Net result for the year (+€72,373) and Trade debts (+€27,563)
- Tangible fixed assets +€2,495
up €2,495 (+1,223%), from €204 to €2,699
of which Plant, machinery and equipment: +€2,593
- Reserves +€72,373
up €72,373 (+168%), from €42,994 to €115,367
- Trade debts +€27,563
up €27,563 (+440%), from €6,271 to €33,834
- Tax, wage and social debts +€19,994
up €19,994 (+142%), from €14,060 to €34,054
of which Taxes: +€22,201
- Gross operating margin +€55,296
up €55,296 (+145%), from €38,056 to €93,352
- Taxes +€11,061
up €11,061 (+130%), from €8,515 to €19,576
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 | €82,562 | €203,389 | +€120,827 | +146% |
| Fixed assets | 21/28 | €204 | €2,699 | +€2,495 | +1,223% |
| Tangible fixed assets | 22/27 | €204 | €2,699 | +€2,495 | +1,223% |
| Plant, machinery and equipment | 23 | - | €2,593 | +€2,593 | |
| Furniture and vehicles | 24 | €204 | €106 | -€98 | -48.0% |
| Current assets | 29/58 | €82,358 | €200,690 | +€118,332 | +144% |
| Amounts receivable within one year | 40/41 | €50,198 | €151,086 | +€100,888 | +201% |
| Trade receivables | 40 | €48,185 | €150,583 | +€102,398 | +213% |
| Other amounts receivable | 41 | €2,013 | €503 | -€1,510 | -75.0% |
| Cash at bank and in hand | 54/58 | €32,160 | €49,604 | +€17,444 | +54.2% |
| Total equity and liabilities | 10/49 | €82,562 | €203,389 | +€120,827 | +146% |
| Equity | 10/15 | €47,994 | €120,367 | +€72,373 | +151% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €42,994 | €115,367 | +€72,373 | +168% |
| Distributable reserves | 133 | €42,994 | €115,367 | +€72,373 | +168% |
| Amounts payable | 17/49 | €34,568 | €83,022 | +€48,454 | +140% |
| Amounts payable within one year | 42/48 | €33,768 | €82,222 | +€48,454 | +143% |
| Trade debts | 44 | €6,271 | €33,834 | +€27,563 | +440% |
| Suppliers | 440/4 | €6,271 | €33,834 | +€27,563 | +440% |
| Taxes, remuneration and social security | 45 | €14,060 | €34,054 | +€19,994 | +142% |
| Taxes | 450/3 | €11,194 | €33,395 | +€22,201 | +198% |
| Remuneration and social security | 454/9 | €2,866 | €659 | -€2,207 | -77.0% |
| Other amounts payable | 47/48 | €13,437 | €14,334 | +€897 | +6.7% |
| Accrued charges and deferred income | 492/3 | €800 | €800 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90 | €356 | +€266 | +296% |
| Other operating charges | 640/8 | €859 | €582 | -€277 | -32.2% |
| Gross operating margin | 9900 | €38,056 | €93,352 | +€55,296 | +145% |
| Operating profit (loss) | 9901 | €37,107 | €92,414 | +€55,307 | +149% |
| Financial income | 75/76B | €65 | €1 | -€64 | -98.5% |
| Recurring financial income | 75 | €65 | €1 | -€64 | -98.5% |
| Financial charges | 65/66B | €72 | €466 | +€394 | +547% |
| Recurring financial charges | 65 | €72 | €466 | +€394 | +547% |
| Profit (loss) for the period before taxes | 9903 | €37,100 | €91,949 | +€54,849 | +148% |
| Income taxes | 67/77 | €8,515 | €19,576 | +€11,061 | +130% |
| Profit (loss) for the period | 9904 | €28,585 | €72,373 | +€43,788 | +153% |
| Profit (loss) for the period to be appropriated | 9905 | €28,585 | €72,373 | +€43,788 | +153% |
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 13 October 2026 via checked.be.