VALDEBRIMMO: 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.
What changed
VALDEBRIMMO
NACE 68.310, Real estate agency activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€7.5m
2024 · -€254,690+€7.7m
Equity
€29.0m
2024 · €21.6m+€7.5m
Cash
€1.4m
2024 · €2.1m-€671,170
Balance sheet total
€41.1m
2024 · €32.0m+€9.2m
Largest movements
Assets
- Current investments +€8.6m
up €8.6m (+43.2%), from €19.8m to €28.4m
- Tangible fixed assets +€3.2m
up €3.2m (+62.1%), from €5.1m to €8.3m
of which Land and buildings: +€4.3m
- Receivables within one year -€1.9m
down €1.9m (-55.3%), from €3.5m to €1.5m
of which Other amounts receivable: -€1.9m
- Cash -€671,170
down €671,170 (-32.0%), from €2.1m to €1.4m
mainly Current investments (-€8.6m) and Investment in fixed assets (net) (-€3.4m)
Equity and liabilities
- Reserves +€7.5m
up €7.5m (+35.9%), from €20.8m to €28.3m
of which Distributable reserves: +€7.5m
- Debts after one year +€1.0m
new in 2025: €1.0m
- Other debts +€636,633
up €636,633 (+6.4%), from €10.0m to €10.6m
Income statement
- Financial income +€7.7m
up €7.7m (+520%), from €1.5m to €9.2m
- Taxes -€353,770
down €353,770 (-86.4%), from €409,366 to €55,596
of which Taxes: -€365,861
- Depreciation +€72,267
up €72,267 (+43.8%), from €164,845 to €237,113
- Financial charges +€36,442
up €36,442 (+2.8%), from €1.3m to €1.3m
- Services and other goods -€23,738
down €23,738 (-3.3%), from €725,873 to €702,135
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.
Result 2024
-€254,690
Turnover
-€20,103
Other operating income
-€4,401
Services and other goods
+€23,738
Staff costs
-€3,038
Depreciation
-€72,267
Other operating charges
-€1,377
Other operating items
-€199,903
Financial income
+€7.7m
Financial charges
-€36,442
Taxes
+€353,770
Result 2025
€7.5m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€10.3m
Investment
-€12.0m
Financing
+€1.0m
Cash 2024
€2.1m
From operations (derived)
+€10.3m
Net result for the year
+€7.5m
Depreciation
+€237,113
Receivables within one year
+€1.9m
Smaller working-capital items
+€16,466
Tax, wage and social debts
+€24,552
Other debts
+€636,633
Investment (derived)
-€12.0m
Investment in fixed assets (net)
-€3.4m
Current investments
-€8.6m
Financing
+€1.0m
Debts after one year
+€1.0m
Short-term financial debts
+€2,119
Cash 2025
€1.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,956,556 | €41,106,674 | +€9.2m | +28.6% |
| Fixed assets | 21/28 | €6,538,779 | €9,714,386 | +€3.2m | +48.6% |
| Tangible fixed assets | 22/27 | €5,117,407 | €8,293,514 | +€3.2m | +62.1% |
| Land and buildings | 22 | €3,494,799 | €7,829,209 | +€4.3m | +124% |
| Assets under construction and advance payments | 27 | €1,622,609 | €464,306 | -€1.2m | -71.4% |
| Financial fixed assets | 28 | €1,421,371 | €1,420,871 | -€500 | 0.0% |
| Affiliated companies | 280/1 | €1,420,871 | €1,420,871 | = | 0.0% |
| Participating interests | 280 | €1,420,871 | €1,420,871 | = | 0.0% |
| Other financial fixed assets | 284/8 | €500 | - | -€500 | |
| Amounts receivable and cash guarantees | 285/8 | €500 | - | -€500 | |
| Current assets | 29/58 | €25,417,777 | €31,392,288 | +€6.0m | +23.5% |
| Amounts receivable within one year | 40/41 | €3,452,147 | €1,543,299 | -€1.9m | -55.3% |
| Trade receivables | 40 | €224,560 | €211,616 | -€12,945 | -5.8% |
| Other amounts receivable | 41 | €3,227,587 | €1,331,683 | -€1.9m | -58.7% |
| Current investments | 50/53 | €19,810,613 | €28,374,018 | +€8.6m | +43.2% |
| Other investments | 51/53 | €19,810,613 | €28,374,018 | +€8.6m | +43.2% |
| Cash at bank and in hand | 54/58 | €2,096,184 | €1,425,013 | -€671,170 | -32.0% |
| Deferred charges and accrued income | 490/1 | €58,833 | €49,959 | -€8,875 | -15.1% |
| Total equity and liabilities | 10/49 | €31,956,556 | €41,106,674 | +€9.2m | +28.6% |
| Equity | 10/15 | €21,566,000 | €29,045,222 | +€7.5m | +34.7% |
| Contributions | 10/11 | €719,000 | €719,000 | = | 0.0% |
| Capital | 10 | €719,000 | €719,000 | = | 0.0% |
| Issued capital | 100 | €719,000 | €719,000 | = | 0.0% |
| Reserves | 13 | €20,846,560 | €28,320,238 | +€7.5m | +35.9% |
| Non-distributable reserves | 130/1 | €71,900 | €71,900 | = | 0.0% |
| Legal reserve | 130 | €71,900 | €71,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €39,660 | €33,338 | -€6,322 | -15.9% |
| Distributable reserves | 133 | €20,735,000 | €28,215,000 | +€7.5m | +36.1% |
| Profit (loss) carried forward | 14 | €440 | €5,985 | +€5,544 | +1,259% |
| Provisions and deferred taxes | 16 | €13,220 | €11,113 | -€2,107 | -15.9% |
| Deferred taxes | 168 | €13,220 | €11,113 | -€2,107 | -15.9% |
| Amounts payable | 17/49 | €10,377,336 | €12,050,339 | +€1.7m | +16.1% |
| Amounts payable after more than one year | 17 | - | €1,000,000 | +€1.0m | |
| Financial debts | 170/4 | - | €1,000,000 | +€1.0m | |
| Credit institutions | 173 | - | €1,000,000 | +€1.0m | |
| Amounts payable within one year | 42/48 | €10,359,003 | €11,013,232 | +€654,229 | +6.3% |
| Financial debts | 43 | - | €2,119 | +€2,119 | |
| Credit institutions | 430/8 | - | €2,119 | +€2,119 | |
| Trade debts | 44 | €56,878 | €47,802 | -€9,076 | -16.0% |
| Suppliers | 440/4 | €56,878 | €47,802 | -€9,076 | -16.0% |
| Taxes, remuneration and social security | 45 | €339,705 | €364,257 | +€24,552 | +7.2% |
| Taxes | 450/3 | €273,488 | €294,942 | +€21,454 | +7.8% |
| Remuneration and social security | 454/9 | €66,217 | €69,315 | +€3,098 | +4.7% |
| Other amounts payable | 47/48 | €9,962,420 | €10,599,053 | +€636,633 | +6.4% |
| Accrued charges and deferred income | 492/3 | €18,333 | €37,107 | +€18,774 | +102% |
| Operating income | 70/76A | €1,334,424 | €1,309,920 | -€24,504 | -1.8% |
| Turnover | 70 | €1,324,659 | €1,304,556 | -€20,103 | -1.5% |
| Other operating income | 74 | €9,765 | €5,364 | -€4,401 | -45.1% |
| Operating charges | 60/66A | €1,379,091 | €1,631,939 | +€252,847 | +18.3% |
| Services and other goods | 61 | €725,873 | €702,135 | -€23,738 | -3.3% |
| Remuneration, social security and pensions | 62 | €455,769 | €458,807 | +€3,038 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €164,845 | €237,113 | +€72,267 | +43.8% |
| Other operating charges | 640/8 | €32,604 | €33,981 | +€1,377 | +4.2% |
| Non-recurring operating charges | 66A | - | €199,903 | +€199,903 | |
| Operating profit (loss) | 9901 | -€44,667 | -€322,019 | -€277,352 | -621% |
| Financial income | 75/76B | €1,480,359 | €9,174,296 | +€7.7m | +520% |
| Recurring financial income | 75 | €1,480,359 | €9,174,296 | +€7.7m | +520% |
| Income from financial fixed assets | 750 | - | €7,198,306 | +€7.2m | |
| Income from current assets | 751 | €867,983 | €602,109 | -€265,874 | -30.6% |
| Other financial income | 752/9 | €612,376 | €1,373,881 | +€761,505 | +124% |
| Financial charges | 65/66B | €1,283,124 | €1,319,566 | +€36,442 | +2.8% |
| Recurring financial charges | 65 | €1,283,124 | €1,319,566 | +€36,442 | +2.8% |
| Debt charges | 650 | €843,479 | €896,618 | +€53,139 | +6.3% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€82,649 | -€18,971 | +€63,678 | +77.0% |
| Other financial charges | 652/9 | €522,294 | €441,919 | -€80,375 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €152,568 | €7,532,711 | +€7.4m | +4,837% |
| Transfer from deferred taxes | 780 | €2,107 | €2,107 | = | 0.0% |
| Income taxes | 67/77 | €409,366 | €55,596 | -€353,770 | -86.4% |
| Taxes | 670/3 | €421,457 | €55,596 | -€365,861 | -86.8% |
| Tax adjustments and reversals of tax provisions | 77 | €12,091 | - | -€12,091 | |
| Profit (loss) for the period | 9904 | -€254,690 | €7,479,222 | +€7.7m | |
| Transfer from tax-exempt reserves | 789 | €6,322 | €6,322 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€248,368 | €7,485,544 | +€7.7m |
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 13 October 2026 via checked.be.