FALKE DECLEER: what changed
FALKE DECLEER
Largest movements
- Stocks and contracts -€8,000
no longer reported in 2025 (was €8,000)
- Tangible fixed assets +€7,843
up €7,843 (+439%), from €1,788 to €9,631
of which Other tangible fixed assets: +€7,365
- Deferred charges and accrued income +€2,991
up €2,991 (+253%), from €1,183 to €4,174
- Intangible fixed assets -€1,200
down €1,200 (-52.2%), from €2,300 to €1,100
- Cash -€583
down €583 (-24.8%), from €2,346 to €1,763
mainly Investment in fixed assets (net) (-€9,220) and Trade debts (-€5,173)
- Trade debts -€5,173
down €5,173 (-85.4%), from €6,061 to €888
- Other debts +€2,709
up €2,709 (+140%), from €1,932 to €4,641
- Reserves +€2,074
up €2,074 (+89.4%), from €2,321 to €4,395
- Debts after one year +€1,868
up €1,868 (+203%), from €921 to €2,789
- Accrued charges and deferred income +€592
new in 2025: €592
- Gross operating margin +€2,307
up €2,307 (+35.0%), from €6,596 to €8,903
- Depreciation -€1,816
down €1,816 (-41.4%), from €4,393 to €2,576
- Taxes +€1,757
up €1,757, from -€31 to €1,726
- Other operating charges -€578
down €578 (-79.6%), from €726 to €148
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,775 | €19,948 | +€1,173 | +6.2% |
| Fixed assets | 21/28 | €4,088 | €10,731 | +€6,643 | +163% |
| Intangible fixed assets | 21 | €2,300 | €1,100 | -€1,200 | -52.2% |
| Tangible fixed assets | 22/27 | €1,788 | €9,631 | +€7,843 | +439% |
| Furniture and vehicles | 24 | €1,038 | €1,517 | +€479 | +46.1% |
| Other tangible fixed assets | 26 | €750 | €8,115 | +€7,365 | +982% |
| Current assets | 29/58 | €14,687 | €9,217 | -€5,470 | -37.2% |
| Stocks and contracts in progress | 3 | €8,000 | - | -€8,000 | |
| Contracts in progress | 37 | €8,000 | - | -€8,000 | |
| Amounts receivable within one year | 40/41 | €3,158 | €3,280 | +€122 | +3.9% |
| Trade receivables | 40 | €1,051 | €2,983 | +€1,932 | +184% |
| Other amounts receivable | 41 | €2,107 | €297 | -€1,810 | -85.9% |
| Cash at bank and in hand | 54/58 | €2,346 | €1,763 | -€583 | -24.8% |
| Deferred charges and accrued income | 490/1 | €1,183 | €4,174 | +€2,991 | +253% |
| Total equity and liabilities | 10/49 | €18,775 | €19,948 | +€1,173 | +6.2% |
| Equity | 10/15 | €5,321 | €7,395 | +€2,074 | +39.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €2,321 | €4,395 | +€2,074 | +89.4% |
| Distributable reserves | 133 | €2,321 | €4,395 | +€2,074 | +89.4% |
| Amounts payable | 17/49 | €13,455 | €12,553 | -€901 | -6.7% |
| Amounts payable after more than one year | 17 | €921 | €2,789 | +€1,868 | +203% |
| Financial debts | 170/4 | €921 | €2,789 | +€1,868 | +203% |
| Amounts payable within one year | 42/48 | €12,533 | €9,172 | -€3,361 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €2,721 | €2,373 | -€348 | -12.8% |
| Trade debts | 44 | €6,061 | €888 | -€5,173 | -85.4% |
| Suppliers | 440/4 | €6,061 | €888 | -€5,173 | -85.4% |
| Taxes, remuneration and social security | 45 | €1,819 | €1,271 | -€548 | -30.1% |
| Taxes | 450/3 | €1,819 | €1,271 | -€548 | -30.1% |
| Other amounts payable | 47/48 | €1,932 | €4,641 | +€2,709 | +140% |
| Accrued charges and deferred income | 492/3 | - | €592 | +€592 | |
| Remuneration, social security and pensions | 62 | €2,016 | €2,048 | +€32 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,393 | €2,576 | -€1,816 | -41.4% |
| Other operating charges | 640/8 | €726 | €148 | -€578 | -79.6% |
| Gross operating margin | 9900 | €6,596 | €8,903 | +€2,307 | +35.0% |
| Operating profit (loss) | 9901 | -€539 | €4,131 | +€4,670 | |
| Financial income | 75/76B | €0 | €3 | +€3 | +2,183% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +2,183% |
| Financial charges | 65/66B | €340 | €333 | -€7 | -2.0% |
| Recurring financial charges | 65 | €340 | €333 | -€7 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | -€879 | €3,800 | +€4,679 | |
| Income taxes | 67/77 | -€31 | €1,726 | +€1,757 | |
| Profit (loss) for the period | 9904 | -€848 | €2,074 | +€2,922 | |
| Profit (loss) for the period to be appropriated | 9905 | -€848 | €2,074 | +€2,922 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.