HOME VALLEY: 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.
HOME VALLEY
Largest movements
- Cash +€252,475
up €252,475 (+1,893%), from €13,340 to €265,815
mainly Short-term financial debts (+€255,945) and Other debts (+€250,372)
- Current investments -€250,000
no longer reported in 2025 (was €250,000)
- Tangible fixed assets +€10,813
up €10,813 (+3.0%), from €360,187 to €371,000
- Debts after one year -€522,705
down €522,705 (-83.8%), from €623,732 to €101,026
of which Other amounts payable: -€490,362
- Short-term financial debts +€255,945
new in 2025: €255,945
- Other debts +€250,372
new in 2025: €250,372
- Revaluation surpluses +€21,644
new in 2025: €21,644
- Current portion of long-term debt +€16,409
up €16,409, from €0 to €16,409
- Purchases and services +€7,661
up €7,661 (+139%), from €5,507 to €13,168
- Gross operating margin -€6,642
down €6,642 (-32.2%), from €20,624 to €13,982
- Financial charges +€5,494
up €5,494 (+111%), from €4,955 to €10,449
- Financial income +€1,586
up €1,586 (+314%), from €505 to €2,091
- Turnover +€1,018
up €1,018 (+3.9%), from €26,131 to €27,149
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 | €624,559 | €638,099 | +€13,540 | +2.2% |
| Fixed assets | 21/28 | €360,187 | €371,000 | +€10,813 | +3.0% |
| Tangible fixed assets | 22/27 | €360,187 | €371,000 | +€10,813 | +3.0% |
| Land and buildings | 22 | €360,187 | €371,000 | +€10,813 | +3.0% |
| Current assets | 29/58 | €264,372 | €267,099 | +€2,726 | +1.0% |
| Amounts receivable after more than one year | 29 | €527 | - | -€527 | |
| Trade receivables | 290 | €527 | - | -€527 | |
| Current investments | 50/53 | €250,000 | - | -€250,000 | |
| Cash at bank and in hand | 54/58 | €13,340 | €265,815 | +€252,475 | +1,893% |
| Deferred charges and accrued income | 490/1 | €505 | €1,283 | +€778 | +154% |
| Total equity and liabilities | 10/49 | €624,559 | €638,099 | +€13,540 | +2.2% |
| Equity | 10/15 | €827 | €14,134 | +€13,307 | +1,608% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €21,644 | +€21,644 | |
| Profit (loss) carried forward | 14 | -€19,173 | -€27,510 | -€8,337 | -43.5% |
| Amounts payable | 17/49 | €623,732 | €623,965 | +€233 | 0.0% |
| Amounts payable after more than one year | 17 | €623,732 | €101,026 | -€522,705 | -83.8% |
| Financial debts | 170/4 | €133,370 | €101,026 | -€32,344 | -24.3% |
| Other amounts payable | 178/9 | €490,362 | - | -€490,362 | |
| Amounts payable within one year | 42/48 | €0 | €522,939 | +€522,939 | |
| Current portion of amounts payable after more than one year | 42 | €0 | €16,409 | +€16,409 | |
| Financial debts | 43 | - | €255,945 | +€255,945 | |
| Other loans | 439 | - | €255,945 | +€255,945 | |
| Trade debts | 44 | - | €212 | +€212 | |
| Suppliers | 440/4 | - | €212 | +€212 | |
| Other amounts payable | 47/48 | - | €250,372 | +€250,372 | |
| Turnover | 70 | €26,131 | €27,149 | +€1,018 | +3.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,507 | €13,168 | +€7,661 | +139% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,830 | €10,830 | +€0 | 0.0% |
| Other operating charges | 640/8 | €3,035 | €3,130 | +€96 | +3.1% |
| Gross operating margin | 9900 | €20,624 | €13,982 | -€6,642 | -32.2% |
| Operating profit (loss) | 9901 | €6,759 | €21 | -€6,738 | -99.7% |
| Financial income | 75/76B | €505 | €2,091 | +€1,586 | +314% |
| Recurring financial income | 75 | €505 | €2,091 | +€1,586 | +314% |
| Financial charges | 65/66B | €4,955 | €10,449 | +€5,494 | +111% |
| Recurring financial charges | 65 | €4,955 | €10,449 | +€5,494 | +111% |
| Profit (loss) for the period before taxes | 9903 | €2,309 | -€8,337 | -€10,646 | |
| Income taxes | 67/77 | €398 | - | -€398 | |
| Profit (loss) for the period | 9904 | €1,911 | -€8,337 | -€10,249 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,911 | -€8,337 | -€10,249 |
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 24 October 2026 via checked.be.