SIX VALLEES: 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.
SIX VALLEES
Largest movements
- Cash +€58,257
up €58,257 (+331%), from €17,614 to €75,871
mainly Net result for the year (+€62,477) and Tax, wage and social debts (+€25,263)
- Receivables within one year +€33,313
up €33,313 (+28.4%), from €117,304 to €150,616
of which Other amounts receivable: +€32,089
- Tangible fixed assets +€4,325
up €4,325 (+426%), from €1,016 to €5,341
of which Furniture and vehicles: +€4,325
- Deferred charges and accrued income -€3,697
down €3,697 (-24.2%), from €15,297 to €11,600
- Reserves +€49,657
up €49,657 (+48.6%), from €102,125 to €151,782
- Tax, wage and social debts +€25,263
up €25,263 (+79.7%), from €31,708 to €56,970
- Profit (loss) carried forward +€17,335
up €17,335 (+498%), from €3,478 to €20,813
- Gross operating margin +€16,722
up €16,722 (+20.8%), from €80,219 to €96,941
- Taxes +€5,175
up €5,175 (+21.0%), from €24,627 to €29,802
- Other operating charges -€4,633
down €4,633 (-82.0%), from €5,649 to €1,017
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 | €151,830 | €244,028 | +€92,198 | +60.7% |
| Fixed assets | 21/28 | €1,616 | €5,941 | +€4,325 | +268% |
| Tangible fixed assets | 22/27 | €1,016 | €5,341 | +€4,325 | +426% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €1,016 | €5,341 | +€4,325 | +426% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €150,214 | €238,087 | +€87,873 | +58.5% |
| Amounts receivable within one year | 40/41 | €117,304 | €150,616 | +€33,313 | +28.4% |
| Trade receivables | 40 | €2,125 | €3,349 | +€1,224 | +57.6% |
| Other amounts receivable | 41 | €115,179 | €147,268 | +€32,089 | +27.9% |
| Cash at bank and in hand | 54/58 | €17,614 | €75,871 | +€58,257 | +331% |
| Deferred charges and accrued income | 490/1 | €15,297 | €11,600 | -€3,697 | -24.2% |
| Total equity and liabilities | 10/49 | €151,830 | €244,028 | +€92,198 | +60.7% |
| Equity | 10/15 | €118,003 | €184,995 | +€66,992 | +56.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €102,125 | €151,782 | +€49,657 | +48.6% |
| Distributable reserves | 133 | €102,125 | €151,782 | +€49,657 | +48.6% |
| Profit (loss) carried forward | 14 | €3,478 | €20,813 | +€17,335 | +498% |
| Amounts payable | 17/49 | €33,827 | €59,033 | +€25,207 | +74.5% |
| Amounts payable within one year | 42/48 | €33,827 | €59,033 | +€25,207 | +74.5% |
| Trade debts | 44 | €2,119 | €2,063 | -€56 | -2.6% |
| Suppliers | 440/4 | €2,119 | €2,063 | -€56 | -2.6% |
| Taxes, remuneration and social security | 45 | €31,708 | €56,970 | +€25,263 | +79.7% |
| Taxes | 450/3 | €31,708 | €56,970 | +€25,263 | +79.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,726 | €1,516 | -€210 | -12.1% |
| Other operating charges | 640/8 | €5,649 | €1,017 | -€4,633 | -82.0% |
| Gross operating margin | 9900 | €80,219 | €96,941 | +€16,722 | +20.8% |
| Operating profit (loss) | 9901 | €72,844 | €94,408 | +€21,564 | +29.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,135 | €2,129 | -€6 | -0.3% |
| Recurring financial charges | 65 | €2,135 | €2,129 | -€6 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €70,709 | €92,279 | +€21,570 | +30.5% |
| Income taxes | 67/77 | €24,627 | €29,802 | +€5,175 | +21.0% |
| Profit (loss) for the period | 9904 | €46,082 | €62,477 | +€16,396 | +35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €46,082 | €62,477 | +€16,396 | +35.6% |
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 20 October 2026 via checked.be.