VAL FLEURI: what changed
VAL FLEURI
Largest movements
- Tangible fixed assets +€61,696
up €61,696 (+178%), from €34,706 to €96,402
- Current assets +€37,620
up €37,620 (+148%), from €25,382 to €63,002
of which Cash: +€27,141
- Debts +€69,399
up €69,399 (+102%), from €68,355 to €137,754
of which Debts after one year: +€78,129
- Reserves +€16,267
new in 2009: €16,267
- Provisions +€8,376
new in 2009: €8,376
- Profit (loss) carried forward +€5,274
up €5,274 (+27.9%), from -€18,926 to -€13,652
- Turnover -€74,342
no longer reported in 2009 (was €74,342)
- Depreciation +€21,037
up €21,037 (+104%), from €20,217 to €41,254
- Gross operating margin +€4,649
up €4,649 (+12.2%), from €37,975 to €42,624
Change in the result, 2008 to 2009
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
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2008 | 2009 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,088 | €159,404 | +€99,316 | +165% |
| Fixed assets | 21/28 | €34,706 | €96,402 | +€61,696 | +178% |
| Tangible fixed assets | 22/27 | €34,706 | €96,402 | +€61,696 | +178% |
| Current assets | 29/58 | €25,382 | €63,002 | +€37,620 | +148% |
| Amounts receivable within one year | 40/41 | €22,502 | €32,812 | +€10,310 | +45.8% |
| Cash at bank and in hand | 54/58 | €2,764 | €29,905 | +€27,141 | +982% |
| Total equity and liabilities | 10/49 | €60,088 | €159,404 | +€99,316 | +165% |
| Equity | 10/15 | -€8,267 | €13,274 | +€21,541 | |
| Contributions | 10/11 | €10,659 | €10,659 | = | 0.0% |
| Reserves | 13 | - | €16,267 | +€16,267 | |
| Profit (loss) carried forward | 14 | -€18,926 | -€13,652 | +€5,274 | +27.9% |
| Provisions and deferred taxes | 16 | - | €8,376 | +€8,376 | |
| Amounts payable | 17/49 | €68,355 | €137,754 | +€69,399 | +102% |
| Amounts payable after more than one year | 17 | €20,700 | €98,829 | +€78,129 | +377% |
| Amounts payable within one year | 42/48 | €47,655 | €36,295 | -€11,360 | -23.8% |
| Trade debts | 44 | €1,836 | €4,179 | +€2,343 | +128% |
| Turnover | 70 | €74,342 | - | -€74,342 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,217 | €41,254 | +€21,037 | +104% |
| Gross operating margin | 9900 | €37,975 | €42,624 | +€4,649 | +12.2% |
| Operating profit (loss) | 9901 | €17,410 | €1,022 | -€16,388 | -94.1% |
| Recurring financial income | 75 | €13 | €92 | +€79 | +608% |
| Recurring financial charges | 65 | €2,646 | €5,695 | +€3,049 | +115% |
| Profit (loss) for the period before taxes | 9903 | €14,777 | €29,919 | +€15,142 | +102% |
| Income taxes | 67/77 | €2 | €2 | = | 0.0% |
| Profit (loss) for the period | 9904 | €14,775 | €21,541 | +€6,766 | +45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,775 | €5,274 | -€9,501 | -64.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2008 and 31 December 2009. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.