FALTRADE Management: 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.
FALTRADE Management
Largest movements
- Tangible fixed assets +€82,658
up €82,658 (+1,019%), from €8,108 to €90,767
of which Leasing and similar rights: +€83,363
- Receivables within one year +€29,191
up €29,191 (+52.2%), from €55,925 to €85,116
of which Other amounts receivable: +€27,130
- Cash -€5,602
no longer reported in 2025 (was €5,602)
mainly Investment in fixed assets (net) (-€97,354) and Receivables within one year (-€29,191)
- Debts after one year +€64,504
new in 2025: €64,504
- Current portion of long-term debt +€20,141
new in 2025: €20,141
- Reserves +€14,059
new in 2025: €14,059
- Other debts +€2,999
up €2,999 (+27.9%), from €10,760 to €13,759
- Tax, wage and social debts +€2,562
up €2,562 (+19.2%), from €13,310 to €15,872
- Depreciation +€13,000
up €13,000 (+767%), from €1,695 to €14,695
- Gross operating margin +€7,440
up €7,440 (+25.4%), from €29,309 to €36,749
- Financial charges +€1,739
up €1,739 (+128%), from €1,357 to €3,096
- Taxes -€1,168
down €1,168 (-16.7%), from €7,011 to €5,843
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 | €72,316 | €178,730 | +€106,415 | +147% |
| Fixed assets | 21/28 | €8,108 | €90,767 | +€82,658 | +1,019% |
| Tangible fixed assets | 22/27 | €8,108 | €90,767 | +€82,658 | +1,019% |
| Plant, machinery and equipment | 23 | €8,108 | €7,404 | -€705 | -8.7% |
| Leasing and similar rights | 25 | - | €83,363 | +€83,363 | |
| Current assets | 29/58 | €64,207 | €87,964 | +€23,757 | +37.0% |
| Amounts receivable within one year | 40/41 | €55,925 | €85,116 | +€29,191 | +52.2% |
| Trade receivables | 40 | - | €2,060 | +€2,060 | |
| Other amounts receivable | 41 | €55,925 | €83,056 | +€27,130 | +48.5% |
| Cash at bank and in hand | 54/58 | €5,602 | - | -€5,602 | |
| Deferred charges and accrued income | 490/1 | €2,679 | €2,848 | +€168 | +6.3% |
| Total equity and liabilities | 10/49 | €72,316 | €178,730 | +€106,415 | +147% |
| Equity | 10/15 | €35,120 | €49,180 | +€14,059 | +40.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €14,059 | +€14,059 | |
| Distributable reserves | 133 | - | €14,059 | +€14,059 | |
| Profit (loss) carried forward | 14 | €28,920 | €28,920 | = | 0.0% |
| Amounts payable | 17/49 | €37,195 | €129,551 | +€92,355 | +248% |
| Amounts payable after more than one year | 17 | - | €64,504 | +€64,504 | |
| Financial debts | 170/4 | - | €64,504 | +€64,504 | |
| Amounts payable within one year | 42/48 | €37,195 | €65,047 | +€27,852 | +74.9% |
| Current portion of amounts payable after more than one year | 42 | - | €20,141 | +€20,141 | |
| Financial debts | 43 | €4,965 | €5,041 | +€76 | +1.5% |
| Credit institutions | 430/8 | €4,965 | €5,041 | +€76 | +1.5% |
| Trade debts | 44 | €8,160 | €10,234 | +€2,074 | +25.4% |
| Suppliers | 440/4 | €8,160 | €10,234 | +€2,074 | +25.4% |
| Taxes, remuneration and social security | 45 | €13,310 | €15,872 | +€2,562 | +19.2% |
| Taxes | 450/3 | €13,310 | €15,872 | +€2,562 | +19.2% |
| Other amounts payable | 47/48 | €10,760 | €13,759 | +€2,999 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,695 | €14,695 | +€13,000 | +767% |
| Other operating charges | 640/8 | €512 | €411 | -€100 | -19.6% |
| Gross operating margin | 9900 | €29,309 | €36,749 | +€7,440 | +25.4% |
| Operating profit (loss) | 9901 | €27,102 | €21,642 | -€5,460 | -20.1% |
| Financial income | 75/76B | €1,544 | €1,356 | -€188 | -12.2% |
| Recurring financial income | 75 | €1,544 | €1,356 | -€188 | -12.2% |
| Financial charges | 65/66B | €1,357 | €3,096 | +€1,739 | +128% |
| Recurring financial charges | 65 | €1,357 | €3,096 | +€1,739 | +128% |
| Profit (loss) for the period before taxes | 9903 | €27,290 | €19,903 | -€7,387 | -27.1% |
| Income taxes | 67/77 | €7,011 | €5,843 | -€1,168 | -16.7% |
| Profit (loss) for the period | 9904 | €20,279 | €14,059 | -€6,219 | -30.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,279 | €14,059 | -€6,219 | -30.7% |
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 1 November 2026 via checked.be.