Handelsonderneming Vali: 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.
Handelsonderneming Vali
Largest movements
- Receivables within one year +€16,230
up €16,230 (+150.3%), from €10,800 to €27,030
of which Trade receivables: +€15,178
- Cash +€1,886
up €1,886 (+143.7%), from €1,312 to €3,198
mainly Net result for the year (+€7,578) and Trade debts (+€7,026)
- Tangible fixed assets +€753
new in 2025: €753
- Financial fixed assets -€350
no longer reported in 2025 (was €350)
- Profit (loss) carried forward +€7,578
up €7,578 (+19.9%), from -€38,011 to -€30,433
- Trade debts +€7,026
up €7,026 (+154.6%), from €4,544 to €11,571
- Other debts +€2,159
up €2,159 (+24.1%), from €8,974 to €11,134
- Short-term financial debts +€2,000
new in 2025: €2,000
- Advances received -€1,505
no longer reported in 2025 (was €1,505)
- Gross operating margin +€7,240
up €7,240 (+265.0%), from €2,732 to €9,971
- Taxes +€1,261
new in 2025: €1,261
- Depreciation +€377
new in 2025: €377
- Other operating charges -€202
down €202 (-40.0%), from €505 to €303
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 | €12,462 | €30,981 | +€18,519 | +148.6% |
| Fixed assets | 21/28 | €350 | €753 | +€403 | +115.2% |
| Tangible fixed assets | 22/27 | - | €753 | +€753 | |
| Furniture and vehicles | 24 | - | €753 | +€753 | |
| Financial fixed assets | 28 | €350 | - | -€350 | |
| Current assets | 29/58 | €12,112 | €30,228 | +€18,116 | +149.6% |
| Amounts receivable within one year | 40/41 | €10,800 | €27,030 | +€16,230 | +150.3% |
| Trade receivables | 40 | €10,301 | €25,479 | +€15,178 | +147.3% |
| Other amounts receivable | 41 | €498 | €1,550 | +€1,052 | +211.1% |
| Cash at bank and in hand | 54/58 | €1,312 | €3,198 | +€1,886 | +143.7% |
| Total equity and liabilities | 10/49 | €12,462 | €30,981 | +€18,519 | +148.6% |
| Equity | 10/15 | -€2,562 | €5,016 | +€7,578 | |
| Contributions | 10/11 | €32,226 | €32,226 | = | 0.0% |
| Reserves | 13 | €3,223 | €3,223 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,223 | €3,223 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,223 | €3,223 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,011 | -€30,433 | +€7,578 | +19.9% |
| Amounts payable | 17/49 | €15,024 | €25,966 | +€10,942 | +72.8% |
| Amounts payable within one year | 42/48 | €15,024 | €25,966 | +€10,942 | +72.8% |
| Financial debts | 43 | - | €2,000 | +€2,000 | |
| Other loans | 439 | - | €2,000 | +€2,000 | |
| Trade debts | 44 | €4,544 | €11,571 | +€7,026 | +154.6% |
| Suppliers | 440/4 | €4,544 | €11,571 | +€7,026 | +154.6% |
| Advances received on contracts in progress | 46 | €1,505 | - | -€1,505 | |
| Taxes, remuneration and social security | 45 | - | €1,261 | +€1,261 | |
| Taxes | 450/3 | - | €1,261 | +€1,261 | |
| Other amounts payable | 47/48 | €8,974 | €11,134 | +€2,159 | +24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €377 | +€377 | |
| Other operating charges | 640/8 | €505 | €303 | -€202 | -40.0% |
| Gross operating margin | 9900 | €2,732 | €9,971 | +€7,240 | +265.0% |
| Operating profit (loss) | 9901 | €2,226 | €9,291 | +€7,065 | +317.4% |
| Financial charges | 65/66B | €425 | €452 | +€27 | +6.3% |
| Recurring financial charges | 65 | €425 | €102 | -€323 | -76.0% |
| Non-recurring financial charges | 66B | - | €350 | +€350 | |
| Profit (loss) for the period before taxes | 9903 | €1,801 | €8,839 | +€7,038 | +390.8% |
| Income taxes | 67/77 | - | €1,261 | +€1,261 | |
| Profit (loss) for the period | 9904 | €1,801 | €7,578 | +€5,777 | +320.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,801 | €7,578 | +€5,777 | +320.7% |
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 4 October 2026 via checked.be.