CHURROS VALYSER: 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.
CHURROS VALYSER
Largest movements
- Tangible fixed assets +€58,950
up €58,950 (+213%), from €27,645 to €86,595
of which Land and buildings: +€57,138
- Receivables within one year +€38,147
up €38,147 (+596%), from €6,406 to €44,552
- Stocks and contracts +€13,687
new in 2025: €13,687
- Cash +€12,351
up €12,351 (+467%), from €2,642 to €14,993
mainly Debts after one year (+€58,776) and Trade debts (+€38,126)
- Debts after one year +€58,776
new in 2025: €58,776
- Trade debts +€38,126
up €38,126 (+861%), from €4,429 to €42,555
- Tax, wage and social debts +€21,157
up €21,157 (+167%), from €12,647 to €33,804
of which Remuneration and social security: +€19,931
- Current portion of long-term debt +€5,353
new in 2025: €5,353
- Other debts -€1,984
down €1,984 (-70.3%), from €2,821 to €838
- Gross operating margin +€6,647
up €6,647 (+18.7%), from €35,576 to €42,223
- Other operating charges +€3,992
up €3,992 (+400%), from €997 to €4,990
- Depreciation +€3,213
up €3,213 (+38.1%), from €8,437 to €11,651
- Financial charges +€2,357
up €2,357 (+451%), from €522 to €2,879
- Staff costs -€1,668
down €1,668 (-7.5%), from €22,176 to €20,508
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 | €37,042 | €160,177 | +€123,134 | +332% |
| Fixed assets | 21/28 | €27,995 | €86,945 | +€58,950 | +211% |
| Tangible fixed assets | 22/27 | €27,645 | €86,595 | +€58,950 | +213% |
| Land and buildings | 22 | €21,827 | €78,966 | +€57,138 | +262% |
| Plant, machinery and equipment | 23 | €2,724 | €1,816 | -€908 | -33.3% |
| Furniture and vehicles | 24 | €3,094 | €5,813 | +€2,720 | +87.9% |
| Financial fixed assets | 28 | €350 | €350 | +€0 | 0.0% |
| Current assets | 29/58 | €9,048 | €73,232 | +€64,184 | +709% |
| Stocks and contracts in progress | 3 | - | €13,687 | +€13,687 | |
| Stocks | 30/36 | - | €13,687 | +€13,687 | |
| Amounts receivable within one year | 40/41 | €6,406 | €44,552 | +€38,147 | +596% |
| Trade receivables | 40 | €6,406 | €44,552 | +€38,147 | +596% |
| Cash at bank and in hand | 54/58 | €2,642 | €14,993 | +€12,351 | +467% |
| Total equity and liabilities | 10/49 | €37,042 | €160,177 | +€123,134 | +332% |
| Equity | 10/15 | €17,145 | €18,851 | +€1,706 | +10.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,455 | €251 | +€1,706 | |
| Amounts payable | 17/49 | €19,897 | €141,326 | +€121,428 | +610% |
| Amounts payable after more than one year | 17 | - | €58,776 | +€58,776 | |
| Financial debts | 170/4 | - | €58,776 | +€58,776 | |
| Amounts payable within one year | 42/48 | €19,897 | €82,550 | +€62,652 | +315% |
| Current portion of amounts payable after more than one year | 42 | - | €5,353 | +€5,353 | |
| Trade debts | 44 | €4,429 | €42,555 | +€38,126 | +861% |
| Suppliers | 440/4 | €4,429 | €42,555 | +€38,126 | +861% |
| Taxes, remuneration and social security | 45 | €12,647 | €33,804 | +€21,157 | +167% |
| Taxes | 450/3 | €7,061 | €8,287 | +€1,226 | +17.4% |
| Remuneration and social security | 454/9 | €5,586 | €25,517 | +€19,931 | +357% |
| Other amounts payable | 47/48 | €2,821 | €838 | -€1,984 | -70.3% |
| Remuneration, social security and pensions | 62 | €22,176 | €20,508 | -€1,668 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,437 | €11,651 | +€3,213 | +38.1% |
| Other operating charges | 640/8 | €997 | €4,990 | +€3,992 | +400% |
| Non-recurring operating charges | 66A | €1,630 | €350 | -€1,280 | -78.5% |
| Gross operating margin | 9900 | €35,576 | €42,223 | +€6,647 | +18.7% |
| Operating profit (loss) | 9901 | €2,335 | €4,724 | +€2,389 | +102% |
| Financial income | 75/76B | €759 | €2 | -€756 | -99.7% |
| Recurring financial income | 75 | €759 | €2 | -€756 | -99.7% |
| Financial charges | 65/66B | €522 | €2,879 | +€2,357 | +451% |
| Recurring financial charges | 65 | €522 | €2,879 | +€2,357 | +451% |
| Profit (loss) for the period before taxes | 9903 | €2,572 | €1,848 | -€724 | -28.2% |
| Income taxes | 67/77 | -€730 | €141 | +€872 | |
| Profit (loss) for the period | 9904 | €3,302 | €1,706 | -€1,596 | -48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,302 | €1,706 | -€1,596 | -48.3% |
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 26 October 2026 via checked.be.