Valcke Technics: 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.
Valcke Technics
Largest movements
- Receivables within one year +€15,060
up €15,060 (+103%), from €14,614 to €29,674
of which Other amounts receivable: +€24,386
- Cash +€7,940
up €7,940 (+43.7%), from €18,157 to €26,097
mainly Other debts (+€48,346) and Net result for the year (+€18,404)
- Tangible fixed assets +€3,494
up €3,494 (+5.2%), from €67,368 to €70,862
of which Furniture and vehicles: +€9,269
- Other debts +€48,346
up €48,346, from €0 to €48,346
- Reserves -€29,942
down €29,942 (-95.4%), from €31,392 to €1,450
- Debts after one year +€5,300
up €5,300 (+17.3%), from €30,606 to €35,907
- Current portion of long-term debt +€2,140
up €2,140 (+66.5%), from €3,219 to €5,359
- Gross operating margin +€14,383
up €14,383 (+70.5%), from €20,403 to €34,786
- Taxes +€3,555
up €3,555 (+147%), from €2,419 to €5,974
- Financial charges -€1,016
down €1,016 (-27.8%), from €3,658 to €2,642
- Financial income +€694
up €694, from €0 to €694
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 | €100,138 | €126,632 | +€26,494 | +26.5% |
| Fixed assets | 21/28 | €67,368 | €70,862 | +€3,494 | +5.2% |
| Tangible fixed assets | 22/27 | €67,368 | €70,862 | +€3,494 | +5.2% |
| Plant, machinery and equipment | 23 | €2,563 | €1,773 | -€790 | -30.8% |
| Furniture and vehicles | 24 | - | €9,269 | +€9,269 | |
| Other tangible fixed assets | 26 | €64,805 | €59,820 | -€4,985 | -7.7% |
| Current assets | 29/58 | €32,771 | €55,770 | +€23,000 | +70.2% |
| Amounts receivable within one year | 40/41 | €14,614 | €29,674 | +€15,060 | +103% |
| Trade receivables | 40 | €9,326 | €0 | -€9,326 | -100% |
| Other amounts receivable | 41 | €5,288 | €29,674 | +€24,386 | +461% |
| Cash at bank and in hand | 54/58 | €18,157 | €26,097 | +€7,940 | +43.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €100,138 | €126,632 | +€26,494 | +26.5% |
| Equity | 10/15 | €31,492 | €1,550 | -€29,942 | -95.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €31,392 | €1,450 | -€29,942 | -95.4% |
| Distributable reserves | 133 | €31,392 | €1,450 | -€29,942 | -95.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €68,646 | €125,082 | +€56,436 | +82.2% |
| Amounts payable after more than one year | 17 | €30,606 | €35,907 | +€5,300 | +17.3% |
| Financial debts | 170/4 | €30,606 | €35,907 | +€5,300 | +17.3% |
| Amounts payable within one year | 42/48 | €38,040 | €89,176 | +€51,136 | +134% |
| Current portion of amounts payable after more than one year | 42 | €3,219 | €5,359 | +€2,140 | +66.5% |
| Trade debts | 44 | €26,361 | €27,153 | +€793 | +3.0% |
| Suppliers | 440/4 | €26,361 | €27,153 | +€793 | +3.0% |
| Taxes, remuneration and social security | 45 | €8,460 | €8,317 | -€143 | -1.7% |
| Taxes | 450/3 | €6,660 | €8,317 | +€1,657 | +24.9% |
| Remuneration and social security | 454/9 | €1,800 | €0 | -€1,800 | -100% |
| Other amounts payable | 47/48 | €0 | €48,346 | +€48,346 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,047 | €6,139 | +€92 | +1.5% |
| Other operating charges | 640/8 | €2,527 | €2,321 | -€207 | -8.2% |
| Gross operating margin | 9900 | €20,403 | €34,786 | +€14,383 | +70.5% |
| Operating profit (loss) | 9901 | €11,828 | €26,327 | +€14,498 | +123% |
| Financial income | 75/76B | €0 | €694 | +€694 | |
| Recurring financial income | 75 | €0 | €694 | +€694 | |
| Financial charges | 65/66B | €3,658 | €2,642 | -€1,016 | -27.8% |
| Recurring financial charges | 65 | €3,658 | €2,642 | -€1,016 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €8,170 | €24,378 | +€16,208 | +198% |
| Income taxes | 67/77 | €2,419 | €5,974 | +€3,555 | +147% |
| Profit (loss) for the period | 9904 | €5,751 | €18,404 | +€12,652 | +220% |
| Profit (loss) for the period to be appropriated | 9905 | €5,751 | €18,404 | +€12,652 | +220% |
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 14 October 2026 via checked.be.