MERCE E. VALDERREY: what changed
MERCE E. VALDERREY
Largest movements
- Cash +€38,759
up €38,759 (+50,704%), from €76 to €38,835
mainly Net result for the year (+€20,530) and Other debts (+€8,743)
- Receivables within one year -€3,625
down €3,625 (-94.8%), from €3,825 to €200
of which Other amounts receivable: -€3,498
- Profit (loss) carried forward +€20,530
up €20,530 (+83.2%), from -€24,684 to -€4,155
- Other debts +€8,743
up €8,743 (+36.3%), from €24,065 to €32,808
- Trade debts +€6,524
up €6,524 (+1,155%), from €565 to €7,089
- Tax, wage and social debts -€734
down €734 (-32.4%), from €2,261 to €1,528
- Gross operating margin +€30,700
up €30,700, from -€8,882 to €21,818
- Other operating charges +€609
new in 2025: €609
- Taxes +€306
new in 2025: €306
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 | €4,207 | €39,270 | +€35,063 | +833% |
| Current assets | 29/58 | €4,207 | €39,270 | +€35,063 | +833% |
| Amounts receivable within one year | 40/41 | €3,825 | €200 | -€3,625 | -94.8% |
| Trade receivables | 40 | €127 | - | -€127 | |
| Other amounts receivable | 41 | €3,698 | €200 | -€3,498 | -94.6% |
| Cash at bank and in hand | 54/58 | €76 | €38,835 | +€38,759 | +50,704% |
| Deferred charges and accrued income | 490/1 | €305 | €234 | -€71 | -23.3% |
| Total equity and liabilities | 10/49 | €4,207 | €39,270 | +€35,063 | +833% |
| Equity | 10/15 | -€22,684 | -€2,155 | +€20,530 | +90.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | - | -€2,000 | |
| Other | 1109/19 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | -€24,684 | -€4,155 | +€20,530 | +83.2% |
| Amounts payable | 17/49 | €26,891 | €41,424 | +€14,533 | +54.0% |
| Amounts payable within one year | 42/48 | €26,891 | €41,424 | +€14,533 | +54.0% |
| Trade debts | 44 | €565 | €7,089 | +€6,524 | +1,155% |
| Suppliers | 440/4 | €565 | €7,089 | +€6,524 | +1,155% |
| Taxes, remuneration and social security | 45 | €2,261 | €1,528 | -€734 | -32.4% |
| Taxes | 450/3 | €2,261 | €1,528 | -€734 | -32.4% |
| Other amounts payable | 47/48 | €24,065 | €32,808 | +€8,743 | +36.3% |
| Other operating charges | 640/8 | - | €609 | +€609 | |
| Gross operating margin | 9900 | -€8,882 | €21,818 | +€30,700 | |
| Operating profit (loss) | 9901 | -€8,882 | €21,208 | +€30,090 | |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €458 | €372 | -€86 | -18.7% |
| Recurring financial charges | 65 | €458 | €372 | -€86 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,337 | €20,836 | +€30,173 | |
| Income taxes | 67/77 | - | €306 | +€306 | |
| Profit (loss) for the period | 9904 | -€9,337 | €20,530 | +€29,867 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,337 | €20,530 | +€29,867 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.