Chez Val & JR: 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.
Chez Val & JR
Largest movements
- Receivables within one year +€27,674
up €27,674 (+515%), from €5,375 to €33,049
of which Trade receivables: +€29,883
- Intangible fixed assets -€7,000
down €7,000 (-11.0%), from €63,595 to €56,595
- Cash -€4,857
down €4,857 (-59.6%), from €8,144 to €3,287
mainly Receivables within one year (-€27,674) and Debts after one year (-€12,177)
- Stocks and contracts +€2,534
up €2,534 (+34.2%), from €7,405 to €9,938
- Trade debts +€17,657
up €17,657 (+78.0%), from €22,650 to €40,307
- Debts after one year -€12,177
down €12,177 (-18.0%), from €67,584 to €55,407
- Profit (loss) carried forward +€10,615
up €10,615 (+42.7%), from -€24,883 to -€14,268
- Tax, wage and social debts +€1,627
up €1,627 (+69.5%), from €2,340 to €3,967
of which Remuneration and social security: +€1,310
- Gross operating margin +€55,240
up €55,240, from -€6,296 to €48,944
- Staff costs +€17,858
up €17,858 (+359%), from €4,974 to €22,832
- Depreciation +€764
up €764 (+11.7%), from €6,510 to €7,273
- Other operating charges +€609
up €609 (+92.2%), from €660 to €1,268
- Financial charges +€531
up €531 (+8.2%), from €6,447 to €6,978
of which Non-recurring financial charges: +€990
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,579 | €110,714 | +€18,135 | +19.6% |
| Fixed assets | 21/28 | €71,656 | €64,383 | -€7,273 | -10.2% |
| Intangible fixed assets | 21 | €63,595 | €56,595 | -€7,000 | -11.0% |
| Tangible fixed assets | 22/27 | €1,262 | €989 | -€273 | -21.6% |
| Plant, machinery and equipment | 23 | €1,262 | €989 | -€273 | -21.6% |
| Financial fixed assets | 28 | €6,800 | €6,800 | = | 0.0% |
| Current assets | 29/58 | €20,923 | €46,331 | +€25,408 | +121% |
| Stocks and contracts in progress | 3 | €7,405 | €9,938 | +€2,534 | +34.2% |
| Stocks | 30/36 | €7,405 | €9,938 | +€2,534 | +34.2% |
| Amounts receivable within one year | 40/41 | €5,375 | €33,049 | +€27,674 | +515% |
| Trade receivables | 40 | €3,130 | €33,013 | +€29,883 | +955% |
| Other amounts receivable | 41 | €2,245 | €36 | -€2,210 | -98.4% |
| Cash at bank and in hand | 54/58 | €8,144 | €3,287 | -€4,857 | -59.6% |
| Deferred charges and accrued income | 490/1 | - | €58 | +€58 | |
| Total equity and liabilities | 10/49 | €92,579 | €110,714 | +€18,135 | +19.6% |
| Equity | 10/15 | -€12,883 | -€2,268 | +€10,615 | +82.4% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,883 | -€14,268 | +€10,615 | +42.7% |
| Amounts payable | 17/49 | €105,462 | €112,982 | +€7,520 | +7.1% |
| Amounts payable after more than one year | 17 | €67,584 | €55,407 | -€12,177 | -18.0% |
| Financial debts | 170/4 | €67,584 | €55,407 | -€12,177 | -18.0% |
| Amounts payable within one year | 42/48 | €37,878 | €57,575 | +€19,697 | +52.0% |
| Current portion of amounts payable after more than one year | 42 | €12,888 | €13,301 | +€413 | +3.2% |
| Trade debts | 44 | €22,650 | €40,307 | +€17,657 | +78.0% |
| Suppliers | 440/4 | €22,650 | €40,307 | +€17,657 | +78.0% |
| Taxes, remuneration and social security | 45 | €2,340 | €3,967 | +€1,627 | +69.5% |
| Taxes | 450/3 | €425 | €742 | +€317 | +74.5% |
| Remuneration and social security | 454/9 | €1,914 | €3,225 | +€1,310 | +68.4% |
| Remuneration, social security and pensions | 62 | €4,974 | €22,832 | +€17,858 | +359% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,510 | €7,273 | +€764 | +11.7% |
| Other operating charges | 640/8 | €660 | €1,268 | +€609 | +92.2% |
| Gross operating margin | 9900 | -€6,296 | €48,944 | +€55,240 | |
| Operating profit (loss) | 9901 | -€18,440 | €17,570 | +€36,010 | |
| Financial income | 75/76B | €4 | €22 | +€18 | +436% |
| Recurring financial income | 75 | €4 | €22 | +€18 | +436% |
| Financial charges | 65/66B | €6,447 | €6,978 | +€531 | +8.2% |
| Recurring financial charges | 65 | €6,447 | €5,988 | -€459 | -7.1% |
| Non-recurring financial charges | 66B | - | €990 | +€990 | |
| Profit (loss) for the period before taxes | 9903 | -€24,883 | €10,615 | +€35,497 | |
| Profit (loss) for the period | 9904 | -€24,883 | €10,615 | +€35,497 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,883 | €10,615 | +€35,497 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.