GREEN FALCON: 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.
GREEN FALCON
Largest movements
- Cash -€74,261
down €74,261 (-61.1%), from €121,619 to €47,358
mainly Contributions, distributions and other (-€125,000) and Receivables within one year (-€48,396)
- Receivables within one year +€48,396
up €48,396 (+113.4%), from €42,678 to €91,074
of which Trade receivables: +€48,396
- Tangible fixed assets +€8,430
up €8,430 (+66.0%), from €12,765 to €21,195
of which Other tangible fixed assets: +€5,833
- Profit (loss) carried forward -€27,283
down €27,283 (-92.3%), from €29,554 to €2,271
- Tax, wage and social debts +€20,117
up €20,117 (+198.9%), from €10,113 to €30,229
- Other debts -€7,675
down €7,675 (-6.2%), from €123,647 to €115,972
- Gross operating margin +€4,509
up €4,509 (+3.5%), from €129,247 to €133,756
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 | €179,546 | €163,432 | -€16,114 | -9.0% |
| Fixed assets | 21/28 | €12,765 | €21,195 | +€8,430 | +66.0% |
| Tangible fixed assets | 22/27 | €12,765 | €21,195 | +€8,430 | +66.0% |
| Furniture and vehicles | 24 | €11,962 | €14,559 | +€2,597 | +21.7% |
| Other tangible fixed assets | 26 | €803 | €6,636 | +€5,833 | +726.0% |
| Current assets | 29/58 | €166,781 | €142,236 | -€24,544 | -14.7% |
| Amounts receivable within one year | 40/41 | €42,678 | €91,074 | +€48,396 | +113.4% |
| Trade receivables | 40 | €28,118 | €76,515 | +€48,396 | +172.1% |
| Other amounts receivable | 41 | €14,559 | €14,559 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €121,619 | €47,358 | -€74,261 | -61.1% |
| Deferred charges and accrued income | 490/1 | €2,484 | €3,805 | +€1,321 | +53.2% |
| Total equity and liabilities | 10/49 | €179,546 | €163,432 | -€16,114 | -9.0% |
| Equity | 10/15 | €34,554 | €7,271 | -€27,283 | -79.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,554 | €2,271 | -€27,283 | -92.3% |
| Amounts payable | 17/49 | €144,992 | €156,161 | +€11,169 | +7.7% |
| Amounts payable within one year | 42/48 | €144,784 | €155,510 | +€10,726 | +7.4% |
| Financial debts | 43 | €543 | - | -€543 | |
| Credit institutions | 430/8 | €543 | - | -€543 | |
| Trade debts | 44 | €10,481 | €9,308 | -€1,173 | -11.2% |
| Suppliers | 440/4 | €10,481 | €9,308 | -€1,173 | -11.2% |
| Taxes, remuneration and social security | 45 | €10,113 | €30,229 | +€20,117 | +198.9% |
| Taxes | 450/3 | €10,113 | €30,229 | +€20,117 | +198.9% |
| Other amounts payable | 47/48 | €123,647 | €115,972 | -€7,675 | -6.2% |
| Accrued charges and deferred income | 492/3 | €208 | €651 | +€443 | +212.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,557 | €4,083 | +€526 | +14.8% |
| Other operating charges | 640/8 | €1,830 | €2,974 | +€1,144 | +62.5% |
| Non-recurring operating charges | 66A | - | €211 | +€211 | |
| Gross operating margin | 9900 | €129,247 | €133,756 | +€4,509 | +3.5% |
| Operating profit (loss) | 9901 | €123,859 | €126,489 | +€2,629 | +2.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €255 | €151 | -€103 | -40.5% |
| Recurring financial charges | 65 | €255 | €151 | -€103 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | €123,605 | €126,338 | +€2,733 | +2.2% |
| Income taxes | 67/77 | €27,441 | €28,621 | +€1,180 | +4.3% |
| Profit (loss) for the period | 9904 | €96,164 | €97,717 | +€1,553 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €96,164 | €97,717 | +€1,553 | +1.6% |
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 7 October 2026 via checked.be.