FALUGO: 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.
FALUGO
Largest movements
- Tangible fixed assets -€12,588
down €12,588 (-24.1%), from €52,326 to €39,738
of which Furniture and vehicles: -€11,376
- Receivables within one year +€8,912
up €8,912 (+45.5%), from €19,585 to €28,497
of which Trade receivables: +€7,988
- Cash +€1,832
up €1,832 (+2344.8%), from €78 to €1,910
mainly Depreciation (+€12,588) and Trade debts (+€7,939)
- Debts after one year -€12,424
down €12,424 (-34.9%), from €35,600 to €23,176
- Trade debts +€7,939
up €7,939 (+46.7%), from €16,987 to €24,926
- Profit (loss) carried forward +€7,234
up €7,234 (+88.5%), from -€8,173 to -€940
- Tax, wage and social debts -€4,729
down €4,729 (-39.4%), from €11,997 to €7,269
- Depreciation -€1,989
down €1,989 (-13.6%), from €14,577 to €12,588
- Taxes -€855
down €855 (-27.3%), from €3,130 to €2,275
- Financial charges -€801
down €801 (-25.7%), from €3,116 to €2,314
- Gross operating margin -€479
down €479 (-1.9%), from €25,350 to €24,871
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 | €75,348 | €73,555 | -€1,793 | -2.4% |
| Fixed assets | 21/28 | €52,446 | €39,858 | -€12,588 | -24.0% |
| Tangible fixed assets | 22/27 | €52,326 | €39,738 | -€12,588 | -24.1% |
| Furniture and vehicles | 24 | €41,850 | €30,474 | -€11,376 | -27.2% |
| Other tangible fixed assets | 26 | €10,475 | €9,264 | -€1,211 | -11.6% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €22,902 | €33,697 | +€10,795 | +47.1% |
| Stocks and contracts in progress | 3 | €2,441 | €2,722 | +€281 | +11.5% |
| Stocks | 30/36 | €2,441 | €2,722 | +€281 | +11.5% |
| Amounts receivable within one year | 40/41 | €19,585 | €28,497 | +€8,912 | +45.5% |
| Trade receivables | 40 | €13,075 | €21,063 | +€7,988 | +61.1% |
| Other amounts receivable | 41 | €6,510 | €7,434 | +€924 | +14.2% |
| Cash at bank and in hand | 54/58 | €78 | €1,910 | +€1,832 | +2344.8% |
| Deferred charges and accrued income | 490/1 | €799 | €569 | -€230 | -28.8% |
| Total equity and liabilities | 10/49 | €75,348 | €73,555 | -€1,793 | -2.4% |
| Equity | 10/15 | -€1,973 | €5,261 | +€7,234 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,173 | -€940 | +€7,234 | +88.5% |
| Amounts payable | 17/49 | €77,321 | €68,295 | -€9,026 | -11.7% |
| Amounts payable after more than one year | 17 | €35,600 | €23,176 | -€12,424 | -34.9% |
| Financial debts | 170/4 | €35,600 | €23,176 | -€12,424 | -34.9% |
| Amounts payable within one year | 42/48 | €41,721 | €45,119 | +€3,398 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €12,016 | €12,424 | +€408 | +3.4% |
| Financial debts | 43 | €220 | - | -€220 | |
| Credit institutions | 430/8 | €220 | - | -€220 | |
| Trade debts | 44 | €16,987 | €24,926 | +€7,939 | +46.7% |
| Suppliers | 440/4 | €16,987 | €24,926 | +€7,939 | +46.7% |
| Taxes, remuneration and social security | 45 | €11,997 | €7,269 | -€4,729 | -39.4% |
| Taxes | 450/3 | €11,997 | €7,269 | -€4,729 | -39.4% |
| Other amounts payable | 47/48 | €500 | €500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,577 | €12,588 | -€1,989 | -13.6% |
| Other operating charges | 640/8 | €620 | €685 | +€65 | +10.5% |
| Gross operating margin | 9900 | €25,350 | €24,871 | -€479 | -1.9% |
| Operating profit (loss) | 9901 | €10,153 | €11,598 | +€1,444 | +14.2% |
| Financial income | 75/76B | €325 | €226 | -€100 | -30.6% |
| Recurring financial income | 75 | €325 | €226 | -€100 | -30.6% |
| Financial charges | 65/66B | €3,116 | €2,314 | -€801 | -25.7% |
| Recurring financial charges | 65 | €3,116 | €2,314 | -€801 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €7,363 | €9,509 | +€2,146 | +29.1% |
| Income taxes | 67/77 | €3,130 | €2,275 | -€855 | -27.3% |
| Profit (loss) for the period | 9904 | €4,233 | €7,234 | +€3,001 | +70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,233 | €7,234 | +€3,001 | +70.9% |
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 29 September 2026 via checked.be.