FALZ: 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.
FALZ
Largest movements
- Cash +€53,352
up €53,352 (+791.4%), from €6,742 to €60,094
mainly Net result for the year (+€32,929) and Tax, wage and social debts (+€24,425)
- Receivables within one year -€5,965
down €5,965 (-53.1%), from €11,244 to €5,279
of which Trade receivables: -€6,299
- Tangible fixed assets -€2,733
down €2,733 (-10.1%), from €27,105 to €24,372
- Deferred charges and accrued income +€2,362
up €2,362 (+243.4%), from €971 to €3,333
- Reserves +€32,929
new in 2025: €32,929
- Tax, wage and social debts +€24,425
up €24,425 (+864.2%), from €2,826 to €27,251
of which Taxes: +€22,095
- Other debts -€5,784
down €5,784 (-63.1%), from €9,173 to €3,389
- Debts after one year -€4,723
down €4,723 (-26.3%), from €17,933 to €13,210
- Gross operating margin +€52,313
up €52,313 (+309.4%), from €16,911 to €69,224
- Staff costs +€12,332
new in 2025: €12,332
- Taxes +€10,918
up €10,918 (+430.6%), from €2,535 to €13,453
- Depreciation +€2,170
up €2,170 (+37.6%), from €5,776 to €7,946
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 | €46,062 | €93,078 | +€47,016 | +102.1% |
| Fixed assets | 21/28 | €27,105 | €24,372 | -€2,733 | -10.1% |
| Tangible fixed assets | 22/27 | €27,105 | €24,372 | -€2,733 | -10.1% |
| Furniture and vehicles | 24 | €27,105 | €24,372 | -€2,733 | -10.1% |
| Current assets | 29/58 | €18,956 | €68,706 | +€49,750 | +262.4% |
| Amounts receivable within one year | 40/41 | €11,244 | €5,279 | -€5,965 | -53.1% |
| Trade receivables | 40 | €11,244 | €4,945 | -€6,299 | -56.0% |
| Other amounts receivable | 41 | - | €334 | +€334 | |
| Cash at bank and in hand | 54/58 | €6,742 | €60,094 | +€53,352 | +791.4% |
| Deferred charges and accrued income | 490/1 | €971 | €3,333 | +€2,362 | +243.4% |
| Total equity and liabilities | 10/49 | €46,062 | €93,078 | +€47,016 | +102.1% |
| Equity | 10/15 | €8,034 | €40,963 | +€32,930 | +409.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €32,929 | +€32,929 | |
| Distributable reserves | 133 | - | €32,929 | +€32,929 | |
| Profit (loss) carried forward | 14 | €6,034 | €6,034 | +€1 | 0.0% |
| Amounts payable | 17/49 | €38,028 | €52,115 | +€14,087 | +37.0% |
| Amounts payable after more than one year | 17 | €17,933 | €13,210 | -€4,723 | -26.3% |
| Financial debts | 170/4 | €17,933 | €13,210 | -€4,723 | -26.3% |
| Amounts payable within one year | 42/48 | €20,095 | €38,905 | +€18,810 | +93.6% |
| Current portion of amounts payable after more than one year | 42 | €4,519 | €4,723 | +€204 | +4.5% |
| Trade debts | 44 | €3,576 | €3,542 | -€34 | -1.0% |
| Suppliers | 440/4 | €3,576 | €3,542 | -€34 | -1.0% |
| Taxes, remuneration and social security | 45 | €2,826 | €27,251 | +€24,425 | +864.2% |
| Taxes | 450/3 | €2,826 | €24,921 | +€22,095 | +781.7% |
| Remuneration and social security | 454/9 | - | €2,330 | +€2,330 | |
| Other amounts payable | 47/48 | €9,173 | €3,389 | -€5,784 | -63.1% |
| Remuneration, social security and pensions | 62 | - | €12,332 | +€12,332 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,776 | €7,946 | +€2,170 | +37.6% |
| Other operating charges | 640/8 | €1,936 | €1,478 | -€458 | -23.7% |
| Gross operating margin | 9900 | €16,911 | €69,224 | +€52,313 | +309.4% |
| Operating profit (loss) | 9901 | €9,198 | €47,468 | +€38,270 | +416.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €629 | €1,086 | +€457 | +72.6% |
| Recurring financial charges | 65 | €629 | €1,086 | +€457 | +72.6% |
| Profit (loss) for the period before taxes | 9903 | €8,569 | €46,382 | +€37,813 | +441.3% |
| Income taxes | 67/77 | €2,535 | €13,453 | +€10,918 | +430.6% |
| Profit (loss) for the period | 9904 | €6,034 | €32,929 | +€26,896 | +445.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,034 | €32,929 | +€26,896 | +445.8% |
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 8 October 2026 via checked.be.