VALAUBOIS: 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.
VALAUBOIS
Largest movements
- Tangible fixed assets -€36,483
down €36,483 (-4.4%), from €832,950 to €796,467
- Debts after one year -€29,927
down €29,927 (-10.0%), from €300,348 to €270,421
- Profit (loss) carried forward -€13,258
down €13,258 (-2.8%), from -€481,606 to -€494,864
- Gross operating margin -€9,241
down €9,241 (-19.3%), from €48,005 to €38,764
- Financial charges -€1,015
down €1,015 (-9.6%), from €10,537 to €9,522
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 | €847,371 | €810,693 | -€36,678 | -4.3% |
| Fixed assets | 21/28 | €832,950 | €796,467 | -€36,483 | -4.4% |
| Tangible fixed assets | 22/27 | €832,950 | €796,467 | -€36,483 | -4.4% |
| Land and buildings | 22 | €832,950 | €796,467 | -€36,483 | -4.4% |
| Current assets | 29/58 | €14,421 | €14,225 | -€196 | -1.4% |
| Cash at bank and in hand | 54/58 | €14,421 | €14,225 | -€196 | -1.4% |
| Total equity and liabilities | 10/49 | €847,371 | €810,693 | -€36,678 | -4.3% |
| Equity | 10/15 | -€188,471 | -€201,730 | -€13,258 | -7.0% |
| Contributions | 10/11 | €266,486 | €266,486 | = | 0.0% |
| Capital | 10 | €266,486 | €266,486 | = | 0.0% |
| Issued capital | 100 | €266,486 | €266,486 | = | 0.0% |
| Reserves | 13 | €26,649 | €26,649 | = | 0.0% |
| Non-distributable reserves | 130/1 | €26,649 | €26,649 | = | 0.0% |
| Legal reserve | 130 | €26,649 | €26,649 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€481,606 | -€494,864 | -€13,258 | -2.8% |
| Amounts payable | 17/49 | €1,035,842 | €1,012,423 | -€23,420 | -2.3% |
| Amounts payable after more than one year | 17 | €300,348 | €270,421 | -€29,927 | -10.0% |
| Financial debts | 170/4 | €300,348 | €270,421 | -€29,927 | -10.0% |
| Amounts payable within one year | 42/48 | €735,495 | €742,002 | +€6,507 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €28,867 | €29,927 | +€1,060 | +3.7% |
| Other amounts payable | 47/48 | €706,628 | €712,075 | +€5,447 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,483 | €36,483 | = | 0.0% |
| Other operating charges | 640/8 | €5,835 | €6,018 | +€184 | +3.1% |
| Gross operating margin | 9900 | €48,005 | €38,764 | -€9,241 | -19.3% |
| Operating profit (loss) | 9901 | €5,688 | -€3,737 | -€9,425 | |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €10,537 | €9,522 | -€1,015 | -9.6% |
| Recurring financial charges | 65 | €10,537 | €9,522 | -€1,015 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,849 | -€13,258 | -€8,409 | -173% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€4,849 | -€13,258 | -€8,409 | -173% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,849 | -€13,258 | -€8,409 | -173% |
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 16 October 2026 via checked.be.