Valckenier BD: what changed
Valckenier BD
Largest movements
- Tangible fixed assets +€893,864
up €893,864 (+603%), from €148,178 to €1.0m
of which Land and buildings: +€854,822
- Receivables within one year -€49,865
down €49,865 (-38.9%), from €128,050 to €78,185
of which Other amounts receivable: -€50,182
- Revaluation surpluses +€844,139
new in 2025: €844,139
- Trade debts +€27,471
new in 2025: €27,471
- Profit (loss) carried forward -€25,120
down €25,120 (-1,990%), from -€1,263 to -€26,383
- Gross operating margin -€13,521
down €13,521 (-421%), from -€3,210 to -€16,731
- Financial income -€3,488
down €3,488 (-70.0%), from €4,985 to €1,497
- Taxes +€2,682
up €2,682 (+99.6%), from -€2,694 to -€11
- Other operating charges -€1,883
down €1,883 (-20.8%), from €9,051 to €7,167
- Financial charges -€484
down €484 (-40.2%), from €1,203 to €719
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €277,033 | €1,120,227 | +€843,195 | +304% |
| Fixed assets | 21/28 | €148,178 | €1,042,042 | +€893,864 | +603% |
| Tangible fixed assets | 22/27 | €148,178 | €1,042,042 | +€893,864 | +603% |
| Land and buildings | 22 | €148,178 | €1,003,000 | +€854,822 | +577% |
| Furniture and vehicles | 24 | - | €8,676 | +€8,676 | |
| Assets under construction and advance payments | 27 | - | €30,366 | +€30,366 | |
| Current assets | 29/58 | €128,855 | €78,185 | -€50,669 | -39.3% |
| Amounts receivable within one year | 40/41 | €128,050 | €78,185 | -€49,865 | -38.9% |
| Trade receivables | 40 | - | €317 | +€317 | |
| Other amounts receivable | 41 | €128,050 | €77,868 | -€50,182 | -39.2% |
| Deferred charges and accrued income | 490/1 | €805 | - | -€805 | |
| Total equity and liabilities | 10/49 | €277,033 | €1,120,227 | +€843,195 | +304% |
| Equity | 10/15 | €273,737 | €1,092,756 | +€819,019 | +299% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €844,139 | +€844,139 | |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,263 | -€26,383 | -€25,120 | -1,990% |
| Amounts payable | 17/49 | €3,295 | €27,471 | +€24,176 | +734% |
| Amounts payable within one year | 42/48 | €3,295 | €27,471 | +€24,176 | +734% |
| Trade debts | 44 | - | €27,471 | +€27,471 | |
| Suppliers | 440/4 | - | €27,471 | +€27,471 | |
| Taxes, remuneration and social security | 45 | €3,295 | - | -€3,295 | |
| Taxes | 450/3 | €3,295 | - | -€3,295 | |
| Remuneration, social security and pensions | 62 | €294 | - | -€294 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,751 | €2,012 | +€261 | +14.9% |
| Other operating charges | 640/8 | €9,051 | €7,167 | -€1,883 | -20.8% |
| Gross operating margin | 9900 | -€3,210 | -€16,731 | -€13,521 | -421% |
| Operating profit (loss) | 9901 | -€14,306 | -€25,910 | -€11,605 | -81.1% |
| Financial income | 75/76B | €4,985 | €1,497 | -€3,488 | -70.0% |
| Recurring financial income | 75 | €4,985 | €1,497 | -€3,488 | -70.0% |
| Financial charges | 65/66B | €1,203 | €719 | -€484 | -40.2% |
| Recurring financial charges | 65 | €1,203 | €719 | -€484 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,523 | -€25,132 | -€14,608 | -139% |
| Income taxes | 67/77 | -€2,694 | -€11 | +€2,682 | +99.6% |
| Profit (loss) for the period | 9904 | -€7,829 | -€25,120 | -€17,291 | -221% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,829 | -€25,120 | -€17,291 | -221% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.