VALDI: 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.
VALDI
Largest movements
- Receivables after one year +€7,047
up €7,047 (+160.6%), from €4,387 to €11,434
- Cash -€138
down €138 (-64.2%), from €215 to €77
mainly Receivables after one year (-€7,047) and Net result for the year (-€3,091)
- Debts after one year +€5,000
up €5,000 (+16.7%), from €30,000 to €35,000
- Current portion of long-term debt +€5,000
up €5,000 (+33.3%), from €15,000 to €20,000
- Profit (loss) carried forward -€3,091
down €3,091 (-5.2%), from -€59,858 to -€62,949
- Depreciation -€11,750
no longer reported in 2025 (was €11,750)
- Turnover -€9,571
down €9,571 (-42.5%), from €22,536 to €12,965
- Gross operating margin -€9,571
down €9,571 (-42.5%), from €22,536 to €12,965
- Purchases and services +€1,385
new in 2025: €1,385
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 | €4,602 | €11,511 | +€6,909 | +150.1% |
| Current assets | 29/58 | €4,602 | €11,511 | +€6,909 | +150.1% |
| Amounts receivable after more than one year | 29 | €4,387 | €11,434 | +€7,047 | +160.6% |
| Other amounts receivable | 291 | €4,387 | €11,434 | +€7,047 | +160.6% |
| Cash at bank and in hand | 54/58 | €215 | €77 | -€138 | -64.2% |
| Total equity and liabilities | 10/49 | €4,602 | €11,511 | +€6,909 | +150.1% |
| Equity | 10/15 | -€40,398 | -€43,489 | -€3,091 | -7.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €868 | €868 | = | 0.0% |
| Non-distributable reserves | 130/1 | €868 | €868 | = | 0.0% |
| Legal reserve | 130 | €868 | €868 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,858 | -€62,949 | -€3,091 | -5.2% |
| Amounts payable | 17/49 | €45,000 | €55,000 | +€10,000 | +22.2% |
| Amounts payable after more than one year | 17 | €30,000 | €35,000 | +€5,000 | +16.7% |
| Trade debts | 175 | €30,000 | €35,000 | +€5,000 | +16.7% |
| Amounts payable within one year | 42/48 | €15,000 | €20,000 | +€5,000 | +33.3% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €20,000 | +€5,000 | +33.3% |
| Turnover | 70 | €22,536 | €12,965 | -€9,571 | -42.5% |
| Non-recurring operating income | 76A | - | €14,350 | +€14,350 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,385 | +€1,385 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,750 | - | -€11,750 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3 | - | -€3 | |
| Other operating charges | 640/8 | €16,195 | €16,056 | -€139 | -0.9% |
| Gross operating margin | 9900 | €22,536 | €12,965 | -€9,571 | -42.5% |
| Operating profit (loss) | 9901 | -€5,412 | -€3,091 | +€2,321 | +42.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,412 | -€3,091 | +€2,321 | +42.9% |
| Profit (loss) for the period | 9904 | -€5,412 | -€3,091 | +€2,321 | +42.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,412 | -€3,091 | +€2,321 | +42.9% |
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 12 October 2026 via checked.be.