VALANTILDE: what changed
Two fiscal 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.
VALANTILDE
Largest movements
- Tangible fixed assets -€13,126
down €13,126 (-5.2%), from €252,068 to €238,943
of which Land and buildings: -€12,791
- Cash +€3,636
up €3,636 (+181.3%), from €2,006 to €5,642
mainly Depreciation (+€13,126) and Trade debts (+€6,793)
- Profit (loss) carried forward -€14,940
down €14,940 (-17.9%), from -€83,253 to -€98,193
- Trade debts +€6,793
new in 2025: €6,793
- Depreciation -€3,368
down €3,368 (-20.4%), from €16,494 to €13,126
- Gross operating margin +€1,827
up €1,827 (+424.9%), from €430 to €2,257
- Other operating charges +€67
up €67 (+1.8%), from €3,784 to €3,851
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.
Cash bridge derived
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 | €256,441 | €248,295 | -€8,147 | -3.2% |
| Fixed assets | 21/28 | €252,068 | €238,943 | -€13,126 | -5.2% |
| Tangible fixed assets | 22/27 | €252,068 | €238,943 | -€13,126 | -5.2% |
| Land and buildings | 22 | €247,045 | €234,254 | -€12,791 | -5.2% |
| Plant, machinery and equipment | 23 | €5,023 | €4,688 | -€335 | -6.7% |
| Current assets | 29/58 | €4,373 | €9,352 | +€4,979 | +113.9% |
| Amounts receivable within one year | 40/41 | €2,367 | €3,711 | +€1,343 | +56.7% |
| Trade receivables | 40 | €190 | - | -€190 | |
| Other amounts receivable | 41 | €2,178 | €3,711 | +€1,533 | +70.4% |
| Cash at bank and in hand | 54/58 | €2,006 | €5,642 | +€3,636 | +181.3% |
| Total equity and liabilities | 10/49 | €256,441 | €248,295 | -€8,147 | -3.2% |
| Equity | 10/15 | €20,226 | €5,286 | -€14,940 | -73.9% |
| Contributions | 10/11 | €48,963 | €48,963 | = | 0.0% |
| Reserves | 13 | €54,516 | €54,516 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,896 | €4,896 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,896 | €4,896 | = | 0.0% |
| Distributable reserves | 133 | €49,620 | €49,620 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,253 | -€98,193 | -€14,940 | -17.9% |
| Provisions and deferred taxes | 16 | €236,051 | €236,051 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €236,051 | €236,051 | = | 0.0% |
| Environmental obligations | 163 | €236,051 | €236,051 | = | 0.0% |
| Amounts payable | 17/49 | €164 | €6,957 | +€6,793 | +4133.3% |
| Amounts payable within one year | 42/48 | €164 | €6,957 | +€6,793 | +4133.3% |
| Trade debts | 44 | - | €6,793 | +€6,793 | |
| Suppliers | 440/4 | - | €6,793 | +€6,793 | |
| Taxes, remuneration and social security | 45 | €164 | €164 | = | 0.0% |
| Taxes | 450/3 | €164 | €164 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,494 | €13,126 | -€3,368 | -20.4% |
| Other operating charges | 640/8 | €3,784 | €3,851 | +€67 | +1.8% |
| Gross operating margin | 9900 | €430 | €2,257 | +€1,827 | +424.9% |
| Operating profit (loss) | 9901 | -€19,848 | -€14,720 | +€5,128 | +25.8% |
| Financial charges | 65/66B | €212 | €220 | +€8 | +3.6% |
| Recurring financial charges | 65 | €212 | €220 | +€8 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | -€20,060 | -€14,940 | +€5,121 | +25.5% |
| Profit (loss) for the period | 9904 | -€20,060 | -€14,940 | +€5,121 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,060 | -€14,940 | +€5,121 | +25.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.