VALBEAUTY: 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.
VALBEAUTY
Largest movements
- Cash +€58,052
up €58,052 (+41.5%), from €139,879 to €197,931
mainly Tax, wage and social debts (+€28,542) and Net result for the year (+€25,229)
- Tangible fixed assets +€32,657
up €32,657 (+80.9%), from €40,360 to €73,017
of which Furniture and vehicles: +€29,743
- Tax, wage and social debts +€28,542
up €28,542 (+63.1%), from €45,259 to €73,801
of which Remuneration and social security: +€16,294
- Reserves +€23,000
new in 2025: €23,000
- Debts after one year +€21,656
up €21,656 (+83.8%), from €25,847 to €47,503
- Trade debts +€14,728
up €14,728 (+38.8%), from €37,985 to €52,714
- Contributions -€10,000
no longer reported in 2025 (was €10,000)
- Gross operating margin -€36,042
down €36,042 (-6.6%), from €543,429 to €507,387
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 | €187,890 | €274,530 | +€86,641 | +46.1% |
| Formation expenses | 20 | €2,828 | €495 | -€2,333 | -82.5% |
| Fixed assets | 21/28 | €40,360 | €73,017 | +€32,657 | +80.9% |
| Tangible fixed assets | 22/27 | €40,360 | €73,017 | +€32,657 | +80.9% |
| Plant, machinery and equipment | 23 | €4,977 | €7,890 | +€2,914 | +58.5% |
| Furniture and vehicles | 24 | €35,383 | €65,126 | +€29,743 | +84.1% |
| Current assets | 29/58 | €144,701 | €201,018 | +€56,317 | +38.9% |
| Amounts receivable within one year | 40/41 | €3,523 | €1,413 | -€2,111 | -59.9% |
| Other amounts receivable | 41 | €3,523 | €1,413 | -€2,111 | -59.9% |
| Cash at bank and in hand | 54/58 | €139,879 | €197,931 | +€58,052 | +41.5% |
| Deferred charges and accrued income | 490/1 | €1,299 | €1,675 | +€376 | +28.9% |
| Total equity and liabilities | 10/49 | €187,890 | €274,530 | +€86,641 | +46.1% |
| Equity | 10/15 | €66,499 | €80,895 | +€14,396 | +21.6% |
| Contributions | 10/11 | €10,000 | - | -€10,000 | |
| Reserves | 13 | - | €23,000 | +€23,000 | |
| Distributable reserves | 133 | - | €23,000 | +€23,000 | |
| Profit (loss) carried forward | 14 | €56,499 | €57,895 | +€1,396 | +2.5% |
| Amounts payable | 17/49 | €121,391 | €193,636 | +€72,245 | +59.5% |
| Amounts payable after more than one year | 17 | €25,847 | €47,503 | +€21,656 | +83.8% |
| Financial debts | 170/4 | €25,847 | €47,503 | +€21,656 | +83.8% |
| Amounts payable within one year | 42/48 | €95,545 | €146,133 | +€50,588 | +52.9% |
| Current portion of amounts payable after more than one year | 42 | €9,609 | €18,718 | +€9,110 | +94.8% |
| Trade debts | 44 | €37,985 | €52,714 | +€14,728 | +38.8% |
| Suppliers | 440/4 | €37,985 | €52,714 | +€14,728 | +38.8% |
| Taxes, remuneration and social security | 45 | €45,259 | €73,801 | +€28,542 | +63.1% |
| Taxes | 450/3 | €16,583 | €28,832 | +€12,248 | +73.9% |
| Remuneration and social security | 454/9 | €28,676 | €44,970 | +€16,294 | +56.8% |
| Other amounts payable | 47/48 | €2,691 | €899 | -€1,792 | -66.6% |
| Remuneration, social security and pensions | 62 | €442,438 | €444,880 | +€2,443 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,258 | €19,724 | +€465 | +2.4% |
| Other operating charges | 640/8 | €2,299 | €1,638 | -€661 | -28.8% |
| Gross operating margin | 9900 | €543,429 | €507,387 | -€36,042 | -6.6% |
| Operating profit (loss) | 9901 | €79,434 | €41,145 | -€38,288 | -48.2% |
| Financial income | 75/76B | €0 | €262 | +€262 | +871900.0% |
| Recurring financial income | 75 | €0 | €262 | +€262 | +871900.0% |
| Financial charges | 65/66B | €5,552 | €3,929 | -€1,622 | -29.2% |
| Recurring financial charges | 65 | €5,552 | €3,929 | -€1,622 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €73,882 | €37,478 | -€36,404 | -49.3% |
| Income taxes | 67/77 | €16,583 | €12,248 | -€4,335 | -26.1% |
| Profit (loss) for the period | 9904 | €57,299 | €25,229 | -€32,069 | -56.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,299 | €25,229 | -€32,069 | -56.0% |
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 7 October 2026 via checked.be.