VALDARNO: 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.
VALDARNO
Largest movements
- Cash +€7,102
up €7,102 (+10.6%), from €66,921 to €74,023
mainly Depreciation (+€8,310) and Receivables within one year (+€5,976)
- Tangible fixed assets -€7,010
down €7,010 (-28.8%), from €24,317 to €17,307
of which Land and buildings: -€3,777
- Receivables within one year -€5,976
down €5,976 (-70.4%), from €8,491 to €2,515
of which Other amounts receivable: -€5,871
- Profit (loss) carried forward -€4,129
down €4,129 (-98.5%), from -€4,191 to -€8,320
- Trade debts -€1,799
no longer reported in 2025 (was €1,799)
- Gross operating margin -€6,926
down €6,926 (-44.9%), from €15,410 to €8,484
- Taxes -€558
down €558 (-61.3%), from €911 to €353
- Financial charges +€182
up €182 (+83.9%), from €217 to €399
of which Non-recurring financial charges: +€399
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 | €99,729 | €93,845 | -€5,884 | -5.9% |
| Fixed assets | 21/28 | €24,317 | €17,307 | -€7,010 | -28.8% |
| Tangible fixed assets | 22/27 | €24,317 | €17,307 | -€7,010 | -28.8% |
| Land and buildings | 22 | €4,228 | €451 | -€3,777 | -89.3% |
| Plant, machinery and equipment | 23 | €18,864 | €16,674 | -€2,190 | -11.6% |
| Furniture and vehicles | 24 | €1,225 | €182 | -€1,043 | -85.1% |
| Current assets | 29/58 | €75,412 | €76,538 | +€1,126 | +1.5% |
| Amounts receivable within one year | 40/41 | €8,491 | €2,515 | -€5,976 | -70.4% |
| Trade receivables | 40 | €105 | - | -€105 | |
| Other amounts receivable | 41 | €8,386 | €2,515 | -€5,871 | -70.0% |
| Cash at bank and in hand | 54/58 | €66,921 | €74,023 | +€7,102 | +10.6% |
| Total equity and liabilities | 10/49 | €99,729 | €93,845 | -€5,884 | -5.9% |
| Equity | 10/15 | €95,142 | €91,013 | -€4,129 | -4.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €37,833 | €37,833 | = | 0.0% |
| Distributable reserves | 133 | €37,833 | €37,833 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,191 | -€8,320 | -€4,129 | -98.5% |
| Amounts payable | 17/49 | €4,587 | €2,832 | -€1,755 | -38.3% |
| Amounts payable within one year | 42/48 | €4,539 | €2,231 | -€2,308 | -50.8% |
| Trade debts | 44 | €1,799 | - | -€1,799 | |
| Suppliers | 440/4 | €1,799 | - | -€1,799 | |
| Taxes, remuneration and social security | 45 | €2,392 | €1,711 | -€681 | -28.5% |
| Taxes | 450/3 | €2,392 | €1,711 | -€681 | -28.5% |
| Other amounts payable | 47/48 | €348 | €520 | +€172 | +49.4% |
| Accrued charges and deferred income | 492/3 | €48 | €601 | +€553 | +1,152% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,442 | €8,310 | -€132 | -1.6% |
| Other operating charges | 640/8 | €3,637 | €3,774 | +€137 | +3.8% |
| Gross operating margin | 9900 | €15,410 | €8,484 | -€6,926 | -44.9% |
| Operating profit (loss) | 9901 | €3,331 | -€3,600 | -€6,931 | |
| Financial income | 75/76B | €316 | €223 | -€93 | -29.4% |
| Recurring financial income | 75 | €316 | €223 | -€93 | -29.4% |
| Non-recurring financial income | 76B | - | €223 | +€223 | |
| Financial charges | 65/66B | €217 | €399 | +€182 | +83.9% |
| Recurring financial charges | 65 | €217 | €399 | +€182 | +83.9% |
| Non-recurring financial charges | 66B | - | €399 | +€399 | |
| Profit (loss) for the period before taxes | 9903 | €3,430 | -€3,776 | -€7,206 | |
| Income taxes | 67/77 | €911 | €353 | -€558 | -61.3% |
| Profit (loss) for the period | 9904 | €2,519 | -€4,129 | -€6,648 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,519 | -€4,129 | -€6,648 |
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.