VALAND: 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.
VALAND
Largest movements
- Receivables within one year -€16,257
no longer reported in 2025 (was €16,257)
- Cash -€248
down €248 (-49.8%), from €499 to €250
mainly Trade debts (-€18,010) and Net result for the year (-€5,380)
- Trade debts -€18,010
down €18,010 (-99.3%), from €18,135 to €125
- Profit (loss) carried forward -€5,380
down €5,380 (-24.3%), from -€22,117 to -€27,497
- Tax, wage and social debts +€3,866
up €3,866 (+1,120%), from €345 to €4,211
- Other debts +€3,019
up €3,019 (+16.5%), from €18,342 to €21,362
- Purchases and services -€45,101
no longer reported in 2025 (was €45,101)
- Turnover -€23,125
no longer reported in 2025 (was €23,125)
- Gross operating margin +€16,701
up €16,701 (+76.0%), from -€21,975 to -€5,275
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 | €19,955 | €3,450 | -€16,505 | -82.7% |
| Fixed assets | 21/28 | €3,200 | €3,200 | = | 0.0% |
| Financial fixed assets | 28 | €3,200 | €3,200 | = | 0.0% |
| Current assets | 29/58 | €16,755 | €250 | -€16,505 | -98.5% |
| Amounts receivable within one year | 40/41 | €16,257 | - | -€16,257 | |
| Trade receivables | 40 | €16,257 | - | -€16,257 | |
| Cash at bank and in hand | 54/58 | €499 | €250 | -€248 | -49.8% |
| Total equity and liabilities | 10/49 | €19,955 | €3,450 | -€16,505 | -82.7% |
| Equity | 10/15 | -€16,867 | -€22,247 | -€5,380 | -31.9% |
| Contributions | 10/11 | €5,250 | €5,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,117 | -€27,497 | -€5,380 | -24.3% |
| Amounts payable | 17/49 | €36,823 | €25,698 | -€11,125 | -30.2% |
| Amounts payable within one year | 42/48 | €36,823 | €25,698 | -€11,125 | -30.2% |
| Trade debts | 44 | €18,135 | €125 | -€18,010 | -99.3% |
| Suppliers | 440/4 | €18,135 | €125 | -€18,010 | -99.3% |
| Taxes, remuneration and social security | 45 | €345 | €4,211 | +€3,866 | +1,120% |
| Taxes | 450/3 | €345 | €4,211 | +€3,866 | +1,120% |
| Other amounts payable | 47/48 | €18,342 | €21,362 | +€3,019 | +16.5% |
| Turnover | 70 | €23,125 | - | -€23,125 | |
| Goods, raw materials, services and sundry goods | 60/61 | €45,101 | - | -€45,101 | |
| Gross operating margin | 9900 | -€21,975 | -€5,275 | +€16,701 | +76.0% |
| Operating profit (loss) | 9901 | -€21,975 | -€5,275 | +€16,701 | +76.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €142 | €105 | -€37 | -26.0% |
| Recurring financial charges | 65 | €142 | €105 | -€37 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | -€22,117 | -€5,380 | +€16,737 | +75.7% |
| Profit (loss) for the period | 9904 | -€22,117 | -€5,380 | +€16,737 | +75.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,117 | -€5,380 | +€16,737 | +75.7% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.