FALMA: 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.
FALMA
Largest movements
- Receivables within one year +€181,516
up €181,516 (+905.9%), from €20,037 to €201,553
of which Trade receivables: +€162,447
- Cash +€12,410
up €12,410 (+159.0%), from €7,805 to €20,215
mainly Trade debts (+€190,793) and Net result for the year (+€9,462)
- Intangible fixed assets +€4,652
up €4,652 (+112.0%), from €4,153 to €8,805
- Stocks and contracts +€2,700
new in 2025: €2,700
- Trade debts +€190,793
up €190,793 (+22713.4%), from €840 to €191,633
- Profit (loss) carried forward +€9,462
up €9,462 (+47.8%), from €19,797 to €29,259
- Gross operating margin +€11,512
up €11,512 (+66.3%), from €17,356 to €28,867
- Financial charges +€9,667
up €9,667 (+471.7%), from €2,049 to €11,716
- Depreciation +€2,629
up €2,629 (+345.6%), from €760 to €3,389
- Taxes -€994
down €994 (-21.4%), from €4,642 to €3,648
- Other operating charges -€303
down €303 (-31.5%), from €962 to €658
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 | €35,909 | €237,081 | +€201,172 | +560.2% |
| Fixed assets | 21/28 | €8,068 | €11,549 | +€3,481 | +43.1% |
| Intangible fixed assets | 21 | €4,153 | €8,805 | +€4,652 | +112.0% |
| Tangible fixed assets | 22/27 | €3,915 | €2,744 | -€1,171 | -29.9% |
| Plant, machinery and equipment | 23 | €1,538 | €922 | -€617 | -40.1% |
| Furniture and vehicles | 24 | €2,376 | €1,822 | -€555 | -23.3% |
| Current assets | 29/58 | €27,842 | €225,532 | +€197,691 | +710.1% |
| Stocks and contracts in progress | 3 | - | €2,700 | +€2,700 | |
| Stocks | 30/36 | - | €2,700 | +€2,700 | |
| Amounts receivable within one year | 40/41 | €20,037 | €201,553 | +€181,516 | +905.9% |
| Trade receivables | 40 | €8,504 | €170,951 | +€162,447 | +1910.3% |
| Other amounts receivable | 41 | €11,533 | €30,602 | +€19,069 | +165.3% |
| Cash at bank and in hand | 54/58 | €7,805 | €20,215 | +€12,410 | +159.0% |
| Deferred charges and accrued income | 490/1 | - | €1,065 | +€1,065 | |
| Total equity and liabilities | 10/49 | €35,909 | €237,081 | +€201,172 | +560.2% |
| Equity | 10/15 | €23,797 | €33,259 | +€9,462 | +39.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,797 | €29,259 | +€9,462 | +47.8% |
| Amounts payable | 17/49 | €12,112 | €203,822 | +€191,710 | +1582.8% |
| Amounts payable within one year | 42/48 | €12,112 | €203,822 | +€191,710 | +1582.8% |
| Trade debts | 44 | €840 | €191,633 | +€190,793 | +22713.4% |
| Suppliers | 440/4 | €840 | €191,633 | +€190,793 | +22713.4% |
| Taxes, remuneration and social security | 45 | €11,272 | €10,189 | -€1,083 | -9.6% |
| Taxes | 450/3 | €9,372 | €8,289 | -€1,083 | -11.6% |
| Remuneration and social security | 454/9 | €1,900 | €1,900 | = | 0.0% |
| Other amounts payable | 47/48 | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €760 | €3,389 | +€2,629 | +345.6% |
| Other operating charges | 640/8 | €962 | €658 | -€303 | -31.5% |
| Gross operating margin | 9900 | €17,356 | €28,867 | +€11,512 | +66.3% |
| Operating profit (loss) | 9901 | €15,633 | €24,820 | +€9,187 | +58.8% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €2,049 | €11,716 | +€9,667 | +471.7% |
| Recurring financial charges | 65 | €2,049 | €11,716 | +€9,667 | +471.7% |
| Profit (loss) for the period before taxes | 9903 | €13,584 | €13,109 | -€475 | -3.5% |
| Income taxes | 67/77 | €4,642 | €3,648 | -€994 | -21.4% |
| Profit (loss) for the period | 9904 | €8,942 | €9,462 | +€520 | +5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,942 | €9,462 | +€520 | +5.8% |
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 3 October 2026 via checked.be.