Sardi-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.
Sardi-Valley
Largest movements
- Deferred charges and accrued income +€8,742
new in 2024: €8,742
- Receivables within one year +€5,571
up €5,571 (+3,056%), from €182 to €5,753
of which Other amounts receivable: +€4,243
- Intangible fixed assets -€2,600
down €2,600 (-23.1%), from €11,267 to €8,667
- Cash +€1,244
up €1,244 (+234%), from €532 to €1,776
mainly Net result for the year (+€12,547) and Advances received (+€9,168)
- Profit (loss) carried forward +€12,547
new in 2024: €12,547
- Advances received +€9,168
new in 2024: €9,168
- Other debts -€4,460
down €4,460 (-44.6%), from €10,000 to €5,540
- Trade debts -€4,285
no longer reported in 2024 (was €4,285)
- Gross operating margin +€13,448
up €13,448 (+625%), from €2,151 to €15,599
- Depreciation +€867
up €867 (+50.0%), from €1,733 to €2,600
- Financial charges +€226
up €226 (+289%), from €78 to €304
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,625 | €30,595 | +€12,970 | +73.6% |
| Fixed assets | 21/28 | €11,267 | €8,681 | -€2,586 | -22.9% |
| Intangible fixed assets | 21 | €11,267 | €8,667 | -€2,600 | -23.1% |
| Financial fixed assets | 28 | - | €14 | +€14 | |
| Current assets | 29/58 | €6,358 | €21,914 | +€15,556 | +245% |
| Stocks and contracts in progress | 3 | €5,643 | €5,643 | -€0 | 0.0% |
| Stocks | 30/36 | €5,643 | €5,643 | -€0 | 0.0% |
| Amounts receivable within one year | 40/41 | €182 | €5,753 | +€5,571 | +3,056% |
| Trade receivables | 40 | - | €1,328 | +€1,328 | |
| Other amounts receivable | 41 | €182 | €4,425 | +€4,243 | +2,327% |
| Cash at bank and in hand | 54/58 | €532 | €1,776 | +€1,244 | +234% |
| Deferred charges and accrued income | 490/1 | - | €8,742 | +€8,742 | |
| Total equity and liabilities | 10/49 | €17,625 | €30,595 | +€12,970 | +73.6% |
| Equity | 10/15 | €3,272 | €15,819 | +€12,547 | +384% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €3,000 | +€3,000 | |
| Other | 1109/19 | - | €3,000 | +€3,000 | |
| Reserves | 13 | €272 | €272 | +€0 | +0.1% |
| Distributable reserves | 133 | €272 | €272 | +€0 | +0.1% |
| Profit (loss) carried forward | 14 | - | €12,547 | +€12,547 | |
| Amounts payable | 17/49 | €14,353 | €14,776 | +€423 | +2.9% |
| Amounts payable within one year | 42/48 | €14,353 | €14,776 | +€423 | +2.9% |
| Trade debts | 44 | €4,285 | - | -€4,285 | |
| Suppliers | 440/4 | €4,285 | - | -€4,285 | |
| Advances received on contracts in progress | 46 | - | €9,168 | +€9,168 | |
| Taxes, remuneration and social security | 45 | €68 | €68 | +€0 | +0.1% |
| Taxes | 450/3 | €68 | €68 | +€0 | +0.1% |
| Other amounts payable | 47/48 | €10,000 | €5,540 | -€4,460 | -44.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,733 | €2,600 | +€867 | +50.0% |
| Other operating charges | 640/8 | - | €148 | +€148 | |
| Gross operating margin | 9900 | €2,151 | €15,599 | +€13,448 | +625% |
| Operating profit (loss) | 9901 | €418 | €12,851 | +€12,433 | +2,976% |
| Financial charges | 65/66B | €78 | €304 | +€226 | +289% |
| Recurring financial charges | 65 | €78 | €304 | +€226 | +289% |
| Profit (loss) for the period before taxes | 9903 | €340 | €12,547 | +€12,207 | +3,595% |
| Income taxes | 67/77 | €68 | - | -€68 | |
| Profit (loss) for the period | 9904 | €272 | €12,547 | +€12,275 | +4,518% |
| Profit (loss) for the period to be appropriated | 9905 | €272 | €12,547 | +€12,275 | +4,518% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.