ValDest: 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.
ValDest
Largest movements
- Cash +€10,386
up €10,386 (+22.6%), from €45,915 to €56,301
mainly Net result for the year (+€18,720) and Receivables within one year (+€310)
- Reserves +€18,720
up €18,720 (+170%), from €11,003 to €29,722
- Other debts -€4,143
down €4,143 (-13.8%), from €30,103 to €25,960
- Tax, wage and social debts -€3,711
down €3,711 (-27.3%), from €13,582 to €9,871
of which Taxes: -€2,305
- Taxes +€4,747
up €4,747 (+302%), from €1,574 to €6,321
- Other operating charges -€867
down €867 (-53.0%), from €1,636 to €769
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 | €56,662 | €67,284 | +€10,622 | +18.7% |
| Fixed assets | 21/28 | €570 | €570 | = | 0.0% |
| Financial fixed assets | 28 | €570 | €570 | = | 0.0% |
| Current assets | 29/58 | €56,092 | €66,714 | +€10,622 | +18.9% |
| Amounts receivable within one year | 40/41 | €8,482 | €8,172 | -€310 | -3.7% |
| Trade receivables | 40 | €8,482 | €8,066 | -€416 | -4.9% |
| Other amounts receivable | 41 | - | €106 | +€106 | |
| Cash at bank and in hand | 54/58 | €45,915 | €56,301 | +€10,386 | +22.6% |
| Deferred charges and accrued income | 490/1 | €1,695 | €2,241 | +€546 | +32.2% |
| Total equity and liabilities | 10/49 | €56,662 | €67,284 | +€10,622 | +18.7% |
| Equity | 10/15 | €11,503 | €30,222 | +€18,720 | +163% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €11,003 | €29,722 | +€18,720 | +170% |
| Distributable reserves | 133 | €11,003 | €29,722 | +€18,720 | +170% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €45,159 | €37,062 | -€8,097 | -17.9% |
| Amounts payable within one year | 42/48 | €45,159 | €37,062 | -€8,097 | -17.9% |
| Trade debts | 44 | €1,474 | €1,231 | -€243 | -16.5% |
| Suppliers | 440/4 | €1,474 | €1,231 | -€243 | -16.5% |
| Taxes, remuneration and social security | 45 | €13,582 | €9,871 | -€3,711 | -27.3% |
| Taxes | 450/3 | €12,176 | €9,871 | -€2,305 | -18.9% |
| Remuneration and social security | 454/9 | €1,406 | €0 | -€1,406 | -100% |
| Other amounts payable | 47/48 | €30,103 | €25,960 | -€4,143 | -13.8% |
| Other operating charges | 640/8 | €1,636 | €769 | -€867 | -53.0% |
| Gross operating margin | 9900 | €27,415 | €27,530 | +€115 | +0.4% |
| Operating profit (loss) | 9901 | €25,779 | €26,761 | +€982 | +3.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,994 | €1,720 | -€274 | -13.8% |
| Recurring financial charges | 65 | €1,994 | €1,720 | -€274 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €23,785 | €25,040 | +€1,256 | +5.3% |
| Income taxes | 67/77 | €1,574 | €6,321 | +€4,747 | +302% |
| Profit (loss) for the period | 9904 | €22,210 | €18,720 | -€3,491 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,210 | €18,720 | -€3,491 | -15.7% |
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 17 October 2026 via checked.be.