I FALCON: 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.
I FALCON
Largest movements
- Receivables within one year -€3,342
down €3,342 (-78.5%), from €4,256 to €914
of which Trade receivables: -€2,974
- Cash -€1,234
down €1,234 (-12.3%), from €10,005 to €8,771
mainly Debts after one year (-€4,143) and Tax, wage and social debts (-€2,398)
- Tangible fixed assets -€1,170
down €1,170 (-46.2%), from €2,531 to €1,361
of which Plant, machinery and equipment: -€732
- Debts after one year -€4,143
down €4,143 (-62.7%), from €6,609 to €2,466
- Tax, wage and social debts -€2,398
down €2,398 (-100%), from €2,398 to €0
- Other debts +€2,394
up €2,394 (+38.0%), from €6,306 to €8,700
- Profit (loss) carried forward -€1,762
down €1,762 (-7.6%), from -€23,272 to -€25,034
- Gross operating margin +€52,897
up €52,897, from -€52,892 to €5
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 | €16,792 | €11,047 | -€5,745 | -34.2% |
| Fixed assets | 21/28 | €2,531 | €1,361 | -€1,170 | -46.2% |
| Tangible fixed assets | 22/27 | €2,531 | €1,361 | -€1,170 | -46.2% |
| Plant, machinery and equipment | 23 | €1,977 | €1,245 | -€732 | -37.0% |
| Furniture and vehicles | 24 | €553 | €116 | -€437 | -79.0% |
| Current assets | 29/58 | €14,261 | €9,686 | -€4,575 | -32.1% |
| Amounts receivable within one year | 40/41 | €4,256 | €914 | -€3,342 | -78.5% |
| Trade receivables | 40 | €3,888 | €914 | -€2,974 | -76.5% |
| Other amounts receivable | 41 | €368 | €0 | -€368 | -100% |
| Cash at bank and in hand | 54/58 | €10,005 | €8,771 | -€1,234 | -12.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €16,792 | €11,047 | -€5,745 | -34.2% |
| Equity | 10/15 | -€3,272 | -€5,034 | -€1,762 | -53.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€23,272 | -€25,034 | -€1,762 | -7.6% |
| Amounts payable | 17/49 | €20,064 | €16,081 | -€3,983 | -19.9% |
| Amounts payable after more than one year | 17 | €6,609 | €2,466 | -€4,143 | -62.7% |
| Financial debts | 170/4 | €6,609 | €2,466 | -€4,143 | -62.7% |
| Amounts payable within one year | 42/48 | €12,744 | €12,887 | +€143 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €4,040 | €4,143 | +€104 | +2.6% |
| Trade debts | 44 | - | €43 | +€43 | |
| Suppliers | 440/4 | - | €43 | +€43 | |
| Taxes, remuneration and social security | 45 | €2,398 | €0 | -€2,398 | -100% |
| Taxes | 450/3 | €2,398 | €0 | -€2,398 | -100% |
| Other amounts payable | 47/48 | €6,306 | €8,700 | +€2,394 | +38.0% |
| Accrued charges and deferred income | 492/3 | €711 | €728 | +€18 | +2.5% |
| Remuneration, social security and pensions | 62 | -€48 | €0 | +€48 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,227 | €1,170 | -€57 | -4.7% |
| Other operating charges | 640/8 | €392 | €0 | -€392 | -100% |
| Gross operating margin | 9900 | -€52,892 | €5 | +€52,897 | |
| Operating profit (loss) | 9901 | -€54,462 | -€1,165 | +€53,297 | +97.9% |
| Financial income | 75/76B | €0 | €141 | +€141 | |
| Recurring financial income | 75 | €0 | €141 | +€141 | |
| Financial charges | 65/66B | €1,045 | €738 | -€307 | -29.4% |
| Recurring financial charges | 65 | €1,045 | €738 | -€307 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | -€55,507 | -€1,762 | +€53,745 | +96.8% |
| Profit (loss) for the period | 9904 | -€55,507 | -€1,762 | +€53,745 | +96.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,507 | -€1,762 | +€53,745 | +96.8% |
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 13 October 2026 via checked.be.