ValdeVie: 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.
ValdeVie
Largest movements
- Cash -€84,640
down €84,640 (-39.6%), from €213,551 to €128,911
mainly Contributions, distributions and other (-€169,439) and Tax, wage and social debts (-€32,638)
- Receivables within one year -€71,267
down €71,267 (-25.4%), from €280,538 to €209,272
of which Other amounts receivable: -€90,250
- Reserves -€125,600
down €125,600 (-28.0%), from €448,037 to €322,437
of which Distributable reserves: -€125,600
- Tax, wage and social debts -€32,638
down €32,638 (-82.8%), from €39,430 to €6,792
of which Taxes: -€32,638
- Gross operating margin -€104,738
down €104,738 (-67.6%), from €155,040 to €50,303
- Taxes -€29,822
down €29,822 (-63.4%), from €47,008 to €17,186
- Financial income +€5,692
up €5,692 (+95.5%), from €5,958 to €11,651
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 | €494,987 | €341,024 | -€153,963 | -31.1% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €494,987 | €341,024 | -€153,963 | -31.1% |
| Amounts receivable within one year | 40/41 | €280,538 | €209,272 | -€71,267 | -25.4% |
| Trade receivables | 40 | €24,097 | €43,080 | +€18,984 | +78.8% |
| Other amounts receivable | 41 | €256,442 | €166,192 | -€90,250 | -35.2% |
| Cash at bank and in hand | 54/58 | €213,551 | €128,911 | -€84,640 | -39.6% |
| Deferred charges and accrued income | 490/1 | €897 | €2,842 | +€1,944 | +217% |
| Total equity and liabilities | 10/49 | €494,987 | €341,024 | -€153,963 | -31.1% |
| Equity | 10/15 | €454,237 | €328,637 | -€125,600 | -27.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €448,037 | €322,437 | -€125,600 | -28.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €448,037 | €322,437 | -€125,600 | -28.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €40,750 | €12,387 | -€28,363 | -69.6% |
| Amounts payable within one year | 42/48 | €40,525 | €12,387 | -€28,138 | -69.4% |
| Trade debts | 44 | €1,094 | €5,595 | +€4,500 | +411% |
| Suppliers | 440/4 | €1,094 | €5,595 | +€4,500 | +411% |
| Taxes, remuneration and social security | 45 | €39,430 | €6,792 | -€32,638 | -82.8% |
| Taxes | 450/3 | €39,430 | €6,792 | -€32,638 | -82.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €225 | €0 | -€225 | -100% |
| Non-recurring operating income | 76A | €4,706 | €0 | -€4,706 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €199 | €0 | -€199 | -100% |
| Other operating charges | 640/8 | €676 | €657 | -€19 | -2.8% |
| Gross operating margin | 9900 | €155,040 | €50,303 | -€104,738 | -67.6% |
| Operating profit (loss) | 9901 | €154,166 | €49,646 | -€104,520 | -67.8% |
| Financial income | 75/76B | €5,958 | €11,651 | +€5,692 | +95.5% |
| Recurring financial income | 75 | €5,958 | €11,651 | +€5,692 | +95.5% |
| Financial charges | 65/66B | €302 | €271 | -€31 | -10.3% |
| Recurring financial charges | 65 | €302 | €271 | -€31 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €159,822 | €61,025 | -€98,797 | -61.8% |
| Income taxes | 67/77 | €47,008 | €17,186 | -€29,822 | -63.4% |
| Profit (loss) for the period | 9904 | €112,814 | €43,839 | -€68,975 | -61.1% |
| Profit (loss) for the period to be appropriated | 9905 | €112,814 | €43,839 | -€68,975 | -61.1% |
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 18 October 2026 via checked.be.