VALALA Consulting: 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.
VALALA Consulting
Largest movements
- Tangible fixed assets -€447,775
down €447,775 (-97.2%), from €460,834 to €13,059
of which Land and buildings: -€352,742
- Receivables after one year +€100,000
new in 2025: €100,000
- Cash +€59,259
up €59,259 (+155%), from €38,266 to €97,525
mainly Investment in fixed assets (net) (+€438,653) and Net result for the year (+€241,966)
- Receivables within one year -€45,474
down €45,474 (-20.4%), from €222,996 to €177,522
of which Trade receivables: -€46,246
- Debts after one year -€179,630
down €179,630 (-94.3%), from €190,422 to €10,792
- Current portion of long-term debt -€52,317
down €52,317 (-67.4%), from €77,598 to €25,281
- Trade debts -€44,279
down €44,279 (-29.1%), from €151,988 to €107,709
- Tax, wage and social debts -€35,904
down €35,904 (-48.1%), from €74,601 to €38,697
of which Taxes: -€36,196
- Other debts -€22,070
down €22,070 (-10.0%), from €221,461 to €199,391
- Gross operating margin +€140,621
up €140,621 (+48.7%), from €288,520 to €429,141
- Taxes +€41,109
up €41,109 (+108%), from €38,119 to €79,228
- Depreciation -€25,715
down €25,715 (-73.8%), from €34,838 to €9,122
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 | €724,130 | €389,930 | -€334,200 | -46.2% |
| Fixed assets | 21/28 | €460,984 | €13,209 | -€447,775 | -97.1% |
| Tangible fixed assets | 22/27 | €460,834 | €13,059 | -€447,775 | -97.2% |
| Land and buildings | 22 | €352,742 | - | -€352,742 | |
| Plant, machinery and equipment | 23 | €83,106 | - | -€83,106 | |
| Furniture and vehicles | 24 | €24,985 | €13,059 | -€11,926 | -47.7% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €263,146 | €376,721 | +€113,575 | +43.2% |
| Amounts receivable after more than one year | 29 | - | €100,000 | +€100,000 | |
| Other amounts receivable | 291 | - | €100,000 | +€100,000 | |
| Amounts receivable within one year | 40/41 | €222,996 | €177,522 | -€45,474 | -20.4% |
| Trade receivables | 40 | €222,996 | €176,749 | -€46,246 | -20.7% |
| Other amounts receivable | 41 | - | €772 | +€772 | |
| Cash at bank and in hand | 54/58 | €38,266 | €97,525 | +€59,259 | +155% |
| Deferred charges and accrued income | 490/1 | €1,884 | €1,674 | -€210 | -11.1% |
| Total equity and liabilities | 10/49 | €724,130 | €389,930 | -€334,200 | -46.2% |
| Equity | 10/15 | €8,060 | €8,060 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €716,070 | €381,870 | -€334,200 | -46.7% |
| Amounts payable after more than one year | 17 | €190,422 | €10,792 | -€179,630 | -94.3% |
| Financial debts | 170/4 | €190,422 | €10,792 | -€179,630 | -94.3% |
| Amounts payable within one year | 42/48 | €525,648 | €371,078 | -€154,570 | -29.4% |
| Current portion of amounts payable after more than one year | 42 | €77,598 | €25,281 | -€52,317 | -67.4% |
| Trade debts | 44 | €151,988 | €107,709 | -€44,279 | -29.1% |
| Suppliers | 440/4 | €151,988 | €107,709 | -€44,279 | -29.1% |
| Taxes, remuneration and social security | 45 | €74,601 | €38,697 | -€35,904 | -48.1% |
| Taxes | 450/3 | €63,689 | €27,494 | -€36,196 | -56.8% |
| Remuneration and social security | 454/9 | €10,912 | €11,203 | +€291 | +2.7% |
| Other amounts payable | 47/48 | €221,461 | €199,391 | -€22,070 | -10.0% |
| Non-recurring operating income | 76A | - | €72,780 | +€72,780 | |
| Remuneration, social security and pensions | 62 | €58,814 | €61,921 | +€3,107 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,838 | €9,122 | -€25,715 | -73.8% |
| Other operating charges | 640/8 | €3,338 | €1,712 | -€1,627 | -48.7% |
| Gross operating margin | 9900 | €288,520 | €429,141 | +€140,621 | +48.7% |
| Operating profit (loss) | 9901 | €191,530 | €356,386 | +€164,856 | +86.1% |
| Financial income | 75/76B | - | €2,250 | +€2,250 | |
| Recurring financial income | 75 | - | €2,250 | +€2,250 | |
| Financial charges | 65/66B | €38,489 | €37,443 | -€1,047 | -2.7% |
| Recurring financial charges | 65 | €38,489 | €37,443 | -€1,047 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €153,041 | €321,193 | +€168,153 | +110% |
| Income taxes | 67/77 | €38,119 | €79,228 | +€41,109 | +108% |
| Profit (loss) for the period | 9904 | €114,922 | €241,966 | +€127,044 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €114,922 | €241,966 | +€127,044 | +111% |
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 17 October 2026 via checked.be.