FALKO: 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.
FALKO
Largest movements
- Cash +€20,968
up €20,968 (+17.4%), from €120,405 to €141,373
mainly Net result for the year (+€14,415) and Depreciation (+€8,209)
- Tangible fixed assets -€8,209
down €8,209 (-26.4%), from €31,062 to €22,853
of which Furniture and vehicles: -€7,766
- Receivables within one year -€7,019
down €7,019 (-23.0%), from €30,454 to €23,435
of which Trade receivables: -€5,186
- Reserves +€14,400
up €14,400 (+19.1%), from €75,255 to €89,655
of which Distributable reserves: +€14,400
- Trade debts -€5,239
down €5,239 (-64.7%), from €8,093 to €2,854
- Other debts -€3,336
down €3,336 (-43.9%), from €7,605 to €4,269
- Staff costs -€33,604
down €33,604 (-37.1%), from €90,504 to €56,900
- Gross operating margin -€23,160
down €23,160 (-21.2%), from €109,010 to €85,850
- Taxes +€2,386
up €2,386 (+70.1%), from €3,403 to €5,789
- Other operating charges -€1,689
down €1,689 (-77.9%), from €2,168 to €479
- Depreciation +€1,476
up €1,476 (+21.9%), from €6,733 to €8,209
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 | €181,921 | €187,760 | +€5,839 | +3.2% |
| Fixed assets | 21/28 | €31,062 | €22,853 | -€8,209 | -26.4% |
| Tangible fixed assets | 22/27 | €31,062 | €22,853 | -€8,209 | -26.4% |
| Land and buildings | 22 | €628 | €185 | -€443 | -70.6% |
| Furniture and vehicles | 24 | €30,434 | €22,668 | -€7,766 | -25.5% |
| Current assets | 29/58 | €150,859 | €164,908 | +€14,049 | +9.3% |
| Amounts receivable within one year | 40/41 | €30,454 | €23,435 | -€7,019 | -23.0% |
| Trade receivables | 40 | €14,869 | €9,683 | -€5,186 | -34.9% |
| Other amounts receivable | 41 | €15,585 | €13,752 | -€1,834 | -11.8% |
| Cash at bank and in hand | 54/58 | €120,405 | €141,373 | +€20,968 | +17.4% |
| Deferred charges and accrued income | 490/1 | - | €100 | +€100 | |
| Total equity and liabilities | 10/49 | €181,921 | €187,760 | +€5,839 | +3.2% |
| Equity | 10/15 | €166,223 | €180,638 | +€14,415 | +8.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €75,255 | €89,655 | +€14,400 | +19.1% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €73,400 | €87,800 | +€14,400 | +19.6% |
| Profit (loss) carried forward | 14 | €78,568 | €78,583 | +€15 | 0.0% |
| Amounts payable | 17/49 | €15,698 | €7,123 | -€8,575 | -54.6% |
| Amounts payable within one year | 42/48 | €15,698 | €7,123 | -€8,575 | -54.6% |
| Trade debts | 44 | €8,093 | €2,854 | -€5,239 | -64.7% |
| Suppliers | 440/4 | €8,093 | €2,854 | -€5,239 | -64.7% |
| Other amounts payable | 47/48 | €7,605 | €4,269 | -€3,336 | -43.9% |
| Non-recurring operating income | 76A | - | €3,749 | +€3,749 | |
| Remuneration, social security and pensions | 62 | €90,504 | €56,900 | -€33,604 | -37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,733 | €8,209 | +€1,476 | +21.9% |
| Other operating charges | 640/8 | €2,168 | €479 | -€1,689 | -77.9% |
| Gross operating margin | 9900 | €109,010 | €85,850 | -€23,160 | -21.2% |
| Operating profit (loss) | 9901 | €9,605 | €20,262 | +€10,656 | +110.9% |
| Financial income | 75/76B | €0 | €14 | +€14 | +12790.9% |
| Recurring financial income | 75 | €0 | €14 | +€14 | +12790.9% |
| Financial charges | 65/66B | €78 | €72 | -€6 | -7.2% |
| Recurring financial charges | 65 | €78 | €72 | -€6 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €9,528 | €20,204 | +€10,676 | +112.1% |
| Income taxes | 67/77 | €3,403 | €5,789 | +€2,386 | +70.1% |
| Profit (loss) for the period | 9904 | €6,124 | €14,415 | +€8,290 | +135.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,124 | €14,415 | +€8,290 | +135.4% |
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 11 October 2026 via checked.be.