LaValérie: what changed
LaValérie
Largest movements
- Intangible fixed assets -€18,000
down €18,000 (-10.7%), from €167,851 to €149,851
- Receivables within one year +€14,612
up €14,612 (+15,048%), from €97 to €14,709
of which Trade receivables: +€14,595
- Tangible fixed assets +€8,460
up €8,460 (+5.0%), from €168,680 to €177,140
of which Other tangible fixed assets: +€7,829
- Cash -€3,754
down €3,754 (-36.9%), from €10,186 to €6,432
mainly Current portion of long-term debt (-€224,238) and Investment in fixed assets (net) (-€29,966)
- Current portion of long-term debt -€224,238
down €224,238 (-89.7%), from €250,000 to €25,762
- Debts after one year +€136,957
new in 2025: €136,957
- Other debts +€67,884
up €67,884 (+63.1%), from €107,562 to €175,445
- Profit (loss) carried forward +€23,894
up €23,894 (+82.4%), from -€28,994 to -€5,101
- Tax, wage and social debts -€5,304
down €5,304 (-45.8%), from €11,572 to €6,268
of which Remuneration and social security: -€4,657
- Gross operating margin +€87,818
up €87,818 (+113%), from €77,636 to €165,454
- Staff costs +€20,287
up €20,287 (+27.5%), from €73,642 to €93,929
- Depreciation +€14,638
up €14,638 (+58.9%), from €24,868 to €39,506
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €366,768 | €366,995 | +€227 | +0.1% |
| Fixed assets | 21/28 | €346,293 | €336,753 | -€9,540 | -2.8% |
| Intangible fixed assets | 21 | €167,851 | €149,851 | -€18,000 | -10.7% |
| Tangible fixed assets | 22/27 | €168,680 | €177,140 | +€8,460 | +5.0% |
| Plant, machinery and equipment | 23 | €21,607 | €16,713 | -€4,894 | -22.6% |
| Furniture and vehicles | 24 | - | €5,525 | +€5,525 | |
| Other tangible fixed assets | 26 | €147,074 | €154,902 | +€7,829 | +5.3% |
| Financial fixed assets | 28 | €9,761 | €9,761 | = | 0.0% |
| Current assets | 29/58 | €20,475 | €30,242 | +€9,767 | +47.7% |
| Stocks and contracts in progress | 3 | €4,581 | €6,000 | +€1,419 | +31.0% |
| Stocks | 30/36 | €4,581 | €6,000 | +€1,419 | +31.0% |
| Amounts receivable within one year | 40/41 | €97 | €14,709 | +€14,612 | +15,048% |
| Trade receivables | 40 | €97 | €14,692 | +€14,595 | +15,031% |
| Other amounts receivable | 41 | - | €16 | +€16 | |
| Cash at bank and in hand | 54/58 | €10,186 | €6,432 | -€3,754 | -36.9% |
| Deferred charges and accrued income | 490/1 | €5,611 | €3,102 | -€2,510 | -44.7% |
| Total equity and liabilities | 10/49 | €366,768 | €366,995 | +€227 | +0.1% |
| Equity | 10/15 | -€25,994 | -€2,101 | +€23,894 | +91.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,994 | -€5,101 | +€23,894 | +82.4% |
| Amounts payable | 17/49 | €392,762 | €369,096 | -€23,667 | -6.0% |
| Amounts payable after more than one year | 17 | - | €136,957 | +€136,957 | |
| Financial debts | 170/4 | - | €136,957 | +€136,957 | |
| Amounts payable within one year | 42/48 | €390,736 | €228,821 | -€161,915 | -41.4% |
| Current portion of amounts payable after more than one year | 42 | €250,000 | €25,762 | -€224,238 | -89.7% |
| Trade debts | 44 | €21,602 | €21,346 | -€256 | -1.2% |
| Suppliers | 440/4 | €21,602 | €21,346 | -€256 | -1.2% |
| Taxes, remuneration and social security | 45 | €11,572 | €6,268 | -€5,304 | -45.8% |
| Taxes | 450/3 | €5,058 | €4,411 | -€647 | -12.8% |
| Remuneration and social security | 454/9 | €6,514 | €1,857 | -€4,657 | -71.5% |
| Other amounts payable | 47/48 | €107,562 | €175,445 | +€67,884 | +63.1% |
| Accrued charges and deferred income | 492/3 | €2,026 | €3,318 | +€1,292 | +63.7% |
| Remuneration, social security and pensions | 62 | €73,642 | €93,929 | +€20,287 | +27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,868 | €39,506 | +€14,638 | +58.9% |
| Other operating charges | 640/8 | €679 | €823 | +€144 | +21.2% |
| Gross operating margin | 9900 | €77,636 | €165,454 | +€87,818 | +113% |
| Operating profit (loss) | 9901 | -€21,554 | €31,195 | +€52,749 | |
| Financial income | 75/76B | €81 | €123 | +€41 | +50.9% |
| Recurring financial income | 75 | €81 | €123 | +€41 | +50.9% |
| Financial charges | 65/66B | €7,522 | €6,969 | -€553 | -7.4% |
| Recurring financial charges | 65 | €7,522 | €6,969 | -€553 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | -€28,994 | €24,349 | +€53,343 | |
| Income taxes | 67/77 | - | €455 | +€455 | |
| Profit (loss) for the period | 9904 | -€28,994 | €23,894 | +€52,888 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,994 | €23,894 | +€52,888 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.