Valcron: 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.
Valcron
Largest movements
- Cash -€5,793
down €5,793 (-52.0%), from €11,138 to €5,345
mainly Trade debts (-€9,754) and Net result for the year (-€4,455)
- Tangible fixed assets -€1,670
down €1,670 (-9.8%), from €17,114 to €15,444
- Receivables within one year +€769
up €769 (+296.2%), from €260 to €1,029
of which Trade receivables: +€1,029
- Trade debts -€9,754
down €9,754 (-42.7%), from €22,861 to €13,108
- Other debts +€6,523
up €6,523 (+67.7%), from €9,642 to €16,166
- Profit (loss) carried forward -€4,455
down €4,455 (-111.6%), from -€3,993 to -€8,448
- Tax, wage and social debts +€992
new in 2025: €992
- Gross operating margin -€7,265
down €7,265 (-85.1%), from €8,535 to €1,270
- Depreciation +€125
up €125 (+2.5%), from €5,045 to €5,170
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 | €28,512 | €21,818 | -€6,694 | -23.5% |
| Fixed assets | 21/28 | €17,114 | €15,444 | -€1,670 | -9.8% |
| Tangible fixed assets | 22/27 | €17,114 | €15,444 | -€1,670 | -9.8% |
| Furniture and vehicles | 24 | €17,114 | €15,444 | -€1,670 | -9.8% |
| Current assets | 29/58 | €11,398 | €6,374 | -€5,024 | -44.1% |
| Amounts receivable within one year | 40/41 | €260 | €1,029 | +€769 | +296.2% |
| Trade receivables | 40 | - | €1,029 | +€1,029 | |
| Other amounts receivable | 41 | €260 | - | -€260 | |
| Cash at bank and in hand | 54/58 | €11,138 | €5,345 | -€5,793 | -52.0% |
| Total equity and liabilities | 10/49 | €28,512 | €21,818 | -€6,694 | -23.5% |
| Equity | 10/15 | -€3,992 | -€8,447 | -€4,455 | -111.6% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,993 | -€8,448 | -€4,455 | -111.6% |
| Amounts payable | 17/49 | €32,504 | €30,265 | -€2,239 | -6.9% |
| Amounts payable within one year | 42/48 | €32,504 | €30,265 | -€2,239 | -6.9% |
| Trade debts | 44 | €22,861 | €13,108 | -€9,754 | -42.7% |
| Suppliers | 440/4 | €22,861 | €13,108 | -€9,754 | -42.7% |
| Taxes, remuneration and social security | 45 | - | €992 | +€992 | |
| Taxes | 450/3 | - | €992 | +€992 | |
| Other amounts payable | 47/48 | €9,642 | €16,166 | +€6,523 | +67.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,045 | €5,170 | +€125 | +2.5% |
| Other operating charges | 640/8 | €502 | €507 | +€5 | +1.0% |
| Gross operating margin | 9900 | €8,535 | €1,270 | -€7,265 | -85.1% |
| Operating profit (loss) | 9901 | €2,987 | -€4,407 | -€7,394 | |
| Financial charges | 65/66B | €66 | €48 | -€18 | -26.8% |
| Recurring financial charges | 65 | €66 | €48 | -€18 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €2,921 | -€4,455 | -€7,377 | |
| Profit (loss) for the period | 9904 | €2,921 | -€4,455 | -€7,377 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,921 | -€4,455 | -€7,377 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.