Val’R Go: what changed
What changed
Val’R Go
NACE 86.220, Specialist medical practice
filed annual accounts (NBB)
Net result for the year
€194,265
2023 · €134,842+€59,423
Equity
€802,812
2023 · €847,317-€44,504
Cash
€175,677
2023 · €224,657-€48,980
Balance sheet total
€881,090
2023 · €918,607-€37,516
Largest movements
Assets
- Cash -€48,980
down €48,980 (-21.8%), from €224,657 to €175,677
mainly Contributions, distributions and other (-€238,769) and Deferred charges and accrued income (-€31,351)
- Deferred charges and accrued income +€31,351
up €31,351 (+88.4%), from €35,447 to €66,798
- Receivables within one year -€22,622
down €22,622 (-34.5%), from €65,606 to €42,984
Equity and liabilities
- Reserves -€44,504
down €44,504 (-5.6%), from €792,780 to €748,276
of which Distributable reserves: -€44,504
- Other debts +€11,262
up €11,262 (+101%), from €11,162 to €22,424
Income statement
- Gross operating margin +€97,042
up €97,042 (+50.5%), from €192,284 to €289,326
- Taxes +€27,515
up €27,515 (+47.5%), from €57,963 to €85,479
- Financial income -€7,161
down €7,161 (-77.9%), from €9,191 to €2,030
- Financial charges +€3,172
up €3,172 (+387%), from €820 to €3,991
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€134,842
Gross operating margin
+€97,042
Depreciation
+€478
Other operating charges
-€249
Financial income
-€7,161
Financial charges
-€3,172
Taxes
-€27,515
Result 2024
€194,265
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€197,518
Investment
-€9,013
Financing
-€237,485
Cash 2023
€224,657
From operations (derived)
+€197,518
Net result for the year
+€194,265
Depreciation
+€6,278
Receivables within one year
+€22,622
Deferred charges and accrued income
-€31,351
Trade debts
+€419
Tax, wage and social debts
-€8,885
Other debts
+€11,262
Accrued charges and deferred income
+€2,908
Investment (derived)
-€9,013
Investment in fixed assets (net)
-€10,672
Current investments
+€1,659
Financing
-€237,485
Current portion of long-term debt
+€1,284
Contributions, distributions and other
-€238,769
Cash 2024
€175,677
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €918,607 | €881,090 | -€37,516 | -4.1% |
| Fixed assets | 21/28 | €25,652 | €30,047 | +€4,394 | +17.1% |
| Tangible fixed assets | 22/27 | €25,652 | €30,047 | +€4,394 | +17.1% |
| Furniture and vehicles | 24 | €2,237 | €3,561 | +€1,324 | +59.2% |
| Other tangible fixed assets | 26 | €23,415 | €26,485 | +€3,070 | +13.1% |
| Current assets | 29/58 | €892,954 | €851,044 | -€41,911 | -4.7% |
| Amounts receivable within one year | 40/41 | €65,606 | €42,984 | -€22,622 | -34.5% |
| Other amounts receivable | 41 | €65,606 | €42,984 | -€22,622 | -34.5% |
| Current investments | 50/53 | €567,244 | €565,584 | -€1,659 | -0.3% |
| Cash at bank and in hand | 54/58 | €224,657 | €175,677 | -€48,980 | -21.8% |
| Deferred charges and accrued income | 490/1 | €35,447 | €66,798 | +€31,351 | +88.4% |
| Total equity and liabilities | 10/49 | €918,607 | €881,090 | -€37,516 | -4.1% |
| Equity | 10/15 | €847,317 | €802,812 | -€44,504 | -5.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €792,780 | €748,276 | -€44,504 | -5.6% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €790,925 | €746,421 | -€44,504 | -5.6% |
| Profit (loss) carried forward | 14 | €35,987 | €35,987 | = | 0.0% |
| Amounts payable | 17/49 | €71,290 | €78,278 | +€6,988 | +9.8% |
| Amounts payable within one year | 42/48 | €71,290 | €75,370 | +€4,080 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €27,049 | €28,333 | +€1,284 | +4.7% |
| Trade debts | 44 | €1,262 | €1,681 | +€419 | +33.2% |
| Suppliers | 440/4 | €1,262 | €1,681 | +€419 | +33.2% |
| Taxes, remuneration and social security | 45 | €31,817 | €22,931 | -€8,885 | -27.9% |
| Taxes | 450/3 | €28,844 | €19,427 | -€9,418 | -32.7% |
| Remuneration and social security | 454/9 | €2,972 | €3,505 | +€532 | +17.9% |
| Other amounts payable | 47/48 | €11,162 | €22,424 | +€11,262 | +101% |
| Accrued charges and deferred income | 492/3 | - | €2,908 | +€2,908 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,755 | €6,278 | -€478 | -7.1% |
| Other operating charges | 640/8 | €1,094 | €1,343 | +€249 | +22.8% |
| Gross operating margin | 9900 | €192,284 | €289,326 | +€97,042 | +50.5% |
| Operating profit (loss) | 9901 | €184,434 | €281,705 | +€97,271 | +52.7% |
| Financial income | 75/76B | €9,191 | €2,030 | -€7,161 | -77.9% |
| Recurring financial income | 75 | €9,191 | €2,030 | -€7,161 | -77.9% |
| Financial charges | 65/66B | €820 | €3,991 | +€3,172 | +387% |
| Recurring financial charges | 65 | €820 | €3,991 | +€3,172 | +387% |
| Profit (loss) for the period before taxes | 9903 | €192,806 | €279,744 | +€86,938 | +45.1% |
| Income taxes | 67/77 | €57,963 | €85,479 | +€27,515 | +47.5% |
| Profit (loss) for the period | 9904 | €134,842 | €194,265 | +€59,423 | +44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €134,842 | €194,265 | +€59,423 | +44.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.