New Valmar: 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.
What changed
New Valmar
NACE 46.499, Wholesale of other household goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€333,977
2024 · €77,502-€411,479
Equity
€6.9m
2024 · €7.2m-€333,977
Cash
€844,310
2024 · €875,412-€31,102
Balance sheet total
€10.2m
2024 · €11.5m-€1.3m
Largest movements
Assets
- Receivables within one year -€635,087
down €635,087 (-14.6%), from €4.4m to €3.7m
of which Trade receivables: -€695,846
- Stocks and contracts -€408,768
down €408,768 (-16.8%), from €2.4m to €2.0m
- Deferred charges and accrued income -€230,502
down €230,502 (-76.7%), from €300,451 to €69,949
Equity and liabilities
- Trade debts -€1.4m
down €1.4m (-41.2%), from €3.3m to €1.9m
- Short-term financial debts +€600,000
new in 2025: €600,000
- Profit (loss) carried forward -€333,977
down €333,977 (-4.7%), from €7.2m to €6.8m
- Debts after one year -€195,706
down €195,706 (-95.0%), from €206,080 to €10,374
of which Trade debts: -€184,800
Income statement
- Turnover -€1.7m
down €1.7m (-13.3%), from €13.1m to €11.3m
- Services and other goods -€851,727
down €851,727 (-14.1%), from €6.1m to €5.2m
- Goods and materials -€325,659
down €325,659 (-6.4%), from €5.1m to €4.8m
of which Purchases: -€590,691
- Write-downs -€190,078
down €190,078 (-178%), from -€106,795 to -€296,873
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.
Result 2024
€77,502
Turnover
-€1.7m
Other operating income
-€103,808
Goods and materials
+€325,659
Services and other goods
+€851,727
Staff costs
-€19,837
Depreciation
-€84,008
Write-downs
+€190,078
Provisions
+€67,392
Other operating charges
+€120,163
Other operating items
+€3,486
Financial income
+€9,793
Financial charges
-€91,037
Taxes
+€71,462
Deferred taxes and other
-€7,500
Result 2025
-€333,977
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€195,912
Investment
-€236,778
Financing
+€401,587
Cash 2024
€875,412
From operations (derived)
-€195,912
Net result for the year
-€333,977
Depreciation
+€270,083
Stocks and contracts
+€408,768
Receivables within one year
+€635,087
Deferred charges and accrued income
+€230,502
Provisions
-€32,086
Trade debts
-€1.4m
Tax, wage and social debts
-€3,049
Other debts
-€8,043
Accrued charges and deferred income
-€11,026
Investment (derived)
-€236,778
Investment in fixed assets (net)
-€236,778
Financing
+€401,587
Debts after one year
-€195,706
Current portion of long-term debt
-€2,707
Short-term financial debts
+€600,000
Cash 2025
€844,310
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,490,263 | €10,151,498 | -€1.3m | -11.7% |
| Fixed assets | 21/28 | €1,566,640 | €1,533,335 | -€33,305 | -2.1% |
| Intangible fixed assets | 21 | €25,293 | €83,356 | +€58,063 | +230% |
| Tangible fixed assets | 22/27 | €1,541,347 | €1,436,500 | -€104,847 | -6.8% |
| Land and buildings | 22 | €753,729 | €741,247 | -€12,482 | -1.7% |
| Plant, machinery and equipment | 23 | €80,429 | €93,662 | +€13,234 | +16.5% |
| Furniture and vehicles | 24 | €324,419 | €298,312 | -€26,107 | -8.0% |
| Other tangible fixed assets | 26 | €346,555 | €303,278 | -€43,276 | -12.5% |
| Assets under construction and advance payments | 27 | €36,216 | - | -€36,216 | |
| Financial fixed assets | 28 | - | €13,479 | +€13,479 | |
| Other financial fixed assets | 284/8 | - | €13,479 | +€13,479 | |
| Amounts receivable and cash guarantees | 285/8 | - | €13,479 | +€13,479 | |
| Current assets | 29/58 | €9,923,623 | €8,618,163 | -€1.3m | -13.2% |
| Amounts receivable after more than one year | 29 | €1,950,000 | €1,950,000 | = | 0.0% |
| Other amounts receivable | 291 | €1,950,000 | €1,950,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,436,613 | €2,027,845 | -€408,768 | -16.8% |
| Stocks | 30/36 | €2,436,613 | €2,027,845 | -€408,768 | -16.8% |
| Goods purchased for resale | 34 | €2,436,613 | €2,027,845 | -€408,768 | -16.8% |
| Amounts receivable within one year | 40/41 | €4,361,147 | €3,726,059 | -€635,087 | -14.6% |
| Trade receivables | 40 | €4,144,653 | €3,448,807 | -€695,846 | -16.8% |
| Other amounts receivable | 41 | €216,494 | €277,252 | +€60,758 | +28.1% |
| Cash at bank and in hand | 54/58 | €875,412 | €844,310 | -€31,102 | -3.6% |
| Deferred charges and accrued income | 490/1 | €300,451 | €69,949 | -€230,502 | -76.7% |
| Total equity and liabilities | 10/49 | €11,490,263 | €10,151,498 | -€1.3m | -11.7% |
| Equity | 10/15 | €7,198,755 | €6,864,778 | -€333,977 | -4.6% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €1,875 | €1,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,178,130 | €6,844,153 | -€333,977 | -4.7% |
| Provisions and deferred taxes | 16 | €76,065 | €43,979 | -€32,086 | -42.2% |
| Provisions for liabilities and charges | 160/5 | €76,065 | €43,979 | -€32,086 | -42.2% |
| Other liabilities and charges | 164/5 | €76,065 | €43,979 | -€32,086 | -42.2% |
| Amounts payable | 17/49 | €4,215,444 | €3,242,742 | -€972,702 | -23.1% |
| Amounts payable after more than one year | 17 | €206,080 | €10,374 | -€195,706 | -95.0% |
| Financial debts | 170/4 | €17,862 | €10,374 | -€7,487 | -41.9% |
| Credit institutions | 173 | €17,862 | €10,374 | -€7,487 | -41.9% |
| Trade debts | 175 | €184,800 | - | -€184,800 | |
| Suppliers | 1750 | €184,800 | - | -€184,800 | |
| Other amounts payable | 178/9 | €3,419 | - | -€3,419 | |
| Amounts payable within one year | 42/48 | €3,903,948 | €3,137,978 | -€765,970 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €10,194 | €7,487 | -€2,707 | -26.6% |
| Financial debts | 43 | - | €600,000 | +€600,000 | |
| Credit institutions | 430/8 | - | €600,000 | +€600,000 | |
| Trade debts | 44 | €3,278,718 | €1,926,547 | -€1.4m | -41.2% |
| Suppliers | 440/4 | €3,278,718 | €1,926,547 | -€1.4m | -41.2% |
| Taxes, remuneration and social security | 45 | €452,466 | €449,417 | -€3,049 | -0.7% |
| Taxes | 450/3 | €38,192 | €34,033 | -€4,159 | -10.9% |
| Remuneration and social security | 454/9 | €414,274 | €415,383 | +€1,110 | +0.3% |
| Other amounts payable | 47/48 | €162,570 | €154,527 | -€8,043 | -4.9% |
| Accrued charges and deferred income | 492/3 | €105,416 | €94,390 | -€11,026 | -10.5% |
| Operating income | 70/76A | €13,921,445 | €12,214,105 | -€1.7m | -12.3% |
| Turnover | 70 | €13,095,000 | €11,349,950 | -€1.7m | -13.3% |
| Other operating income | 74 | €345,158 | €241,350 | -€103,808 | -30.1% |
| Non-recurring operating income | 76A | €481,286 | €622,804 | +€141,518 | +29.4% |
| Operating charges | 60/66A | €13,570,497 | €12,257,355 | -€1.3m | -9.7% |
| Goods for resale, raw materials and consumables | 60 | €5,127,553 | €4,801,894 | -€325,659 | -6.4% |
| Purchases | 600/8 | €4,759,743 | €4,169,052 | -€590,691 | -12.4% |
| Change in stocks: decrease (increase) | 609 | €367,810 | €632,842 | +€265,033 | +72.1% |
| Services and other goods | 61 | €6,056,338 | €5,204,611 | -€851,727 | -14.1% |
| Remuneration, social security and pensions | 62 | €2,112,940 | €2,132,777 | +€19,837 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €186,076 | €270,083 | +€84,008 | +45.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€106,795 | -€296,873 | -€190,078 | -178% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €35,306 | -€32,086 | -€67,392 | |
| Other operating charges | 640/8 | €158,402 | €38,239 | -€120,163 | -75.9% |
| Non-recurring operating charges | 66A | €677 | €138,709 | +€138,032 | +20,393% |
| Operating profit (loss) | 9901 | €350,948 | -€43,250 | -€394,197 | |
| Financial income | 75/76B | €98,412 | €108,205 | +€9,793 | +10.0% |
| Recurring financial income | 75 | €98,412 | €108,205 | +€9,793 | +10.0% |
| Income from current assets | 751 | €20,185 | €25,011 | +€4,826 | +23.9% |
| Other financial income | 752/9 | €78,227 | €83,194 | +€4,967 | +6.3% |
| Financial charges | 65/66B | €307,327 | €398,363 | +€91,037 | +29.6% |
| Recurring financial charges | 65 | €307,327 | €398,363 | +€91,037 | +29.6% |
| Debt charges | 650 | €5,695 | €15,767 | +€10,071 | +177% |
| Other financial charges | 652/9 | €301,631 | €382,597 | +€80,965 | +26.8% |
| Profit (loss) for the period before taxes | 9903 | €142,033 | -€333,408 | -€475,441 | |
| Transfer from deferred taxes | 780 | €7,500 | - | -€7,500 | |
| Income taxes | 67/77 | €72,030 | €568 | -€71,462 | -99.2% |
| Taxes | 670/3 | €72,030 | €2,325 | -€69,706 | -96.8% |
| Tax adjustments and reversals of tax provisions | 77 | - | €1,756 | +€1,756 | |
| Profit (loss) for the period | 9904 | €77,502 | -€333,977 | -€411,479 | |
| Transfer from tax-exempt reserves | 789 | €14,586 | - | -€14,586 | |
| Profit (loss) for the period to be appropriated | 9905 | €92,088 | -€333,977 | -€426,065 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.