Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 17.2 to 15.4.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
FALCA PROJECTS from Waregem, company number BE0430885975, closed financial year 2025 with a result of € -2,442 after tax. For that financial year FALCA PROJECTS recorded a gross margin of € 1.4 million and equity of € 38,545. Compared with financial year 2024, the result moved from € 9,041 to € -2,442. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 38,545
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,442
▼ still € 9,041 profit in 2024
Profit after tax over the fiscal year.
€ 101,741
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -22,955.
People and assets in 2025
15.4
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▼ 5% vs 2024
€ 80,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 144,818
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.6 million
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 204,872
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,024,229 | € 1,330,076 | € 1,368,671 | € 1,390,457 | ▲ 2% |
| Profit after taxes | € -79,229 | € 23,572 | € 9,041 | € -2,442 | ▼ € 11,483 |
| Equity | € 8,373 | € 31,946 | € 40,987 | € 38,545 | ▼ 6% |
| Total debts | € 1,903,182 | € 2,241,503 | € 1,936,350 | € 1,779,841 | ▼ 8% |
| Cash | € 263,449 | € 349,262 | € 136,679 | € 101,741 | ▼ 26% |
| Land & buildings | € 31,347 | € 33,628 | € 27,407 | € 37,756 | ▲ 38% |
| Retained profit | € -53,127 | € -29,554 | € -20,513 | € -22,955 | ▼ € 2,442 |
| Bank debt | € 9 | € 9 | € 9 | € 0 | ▼ 100% |
| Balance sheet total | € 1,911,555 | € 2,273,449 | € 1,977,338 | € 1,818,386 | ▼ 8% |
| Employees (FTE) | 16.2 | 17.2 | 16.5 | 15.4 | ▼ 1.1 |
Key figures of FALCA PROJECTS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to FALCA PROJECTS?
What happened at FALCA PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Chantal Callens stepped down as director. NBB
- Lode Carlier stepped down as director. NBB
- Falca NV stepped down as director. NBB
- Frank Carlier stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2,442 (▼ € 11,483 vs 2024). Source: NBB ↗
- Chantal Callens became a director. NBB
- Frank Carlier became a director. NBB
- Lode Carlier became a director. NBB
In short
From € 79,229 loss in 2022 to € 2,442 loss in 2025.
Paid € 31,401 in corporate taxes since 2022.
Best year ever: 2023, with € 23,572 profit.
On average € 90,300 of value added per employee in 2025.
Management
The shares are held by Falca (13.8%). It owns 13.8% of Falca itself.
Directors
According to the 2025 annual accounts
Shareholders
13.8%
Participations
13.8%
Establishments
Establishment units
Physical locations of this company
Gentseweg 96
8792 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0430.885.975
- VAT number
- BE 0430.885.975
- Registered office
- Gentseweg 96, 8792 Waregem
- Names & denominations
- FALCA PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 1987
- Peppol
- Not registered