Valemberg Mélanie: 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.
Valemberg Mélanie
Largest movements
- Receivables within one year +€18,102
up €18,102 (+44.3%), from €40,832 to €58,933
of which Other amounts receivable: +€13,669
- Tangible fixed assets +€8,932
up €8,932 (+77.1%), from €11,580 to €20,513
of which Furniture and vehicles: +€8,739
- Cash -€5,037
down €5,037 (-32.4%), from €15,560 to €10,523
mainly Receivables within one year (-€18,102) and Investment in fixed assets (net) (-€11,477)
- Reserves +€22,878
up €22,878 (+112%), from €20,482 to €43,361
of which Distributable reserves: +€22,878
- Tax, wage and social debts +€2,983
up €2,983 (+67.9%), from €4,392 to €7,375
- Debts after one year -€2,456
down €2,456 (-48.6%), from €5,049 to €2,593
- Gross operating margin +€20,270
up €20,270 (+118%), from €17,231 to €37,501
- Taxes +€6,109
up €6,109 (+169%), from €3,616 to €9,725
- Financial income -€727
no longer reported in 2025 (was €727)
- Financial charges +€492
up €492 (+88.0%), from €559 to €1,051
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 | €92,176 | €115,317 | +€23,141 | +25.1% |
| Fixed assets | 21/28 | €11,580 | €20,513 | +€8,932 | +77.1% |
| Tangible fixed assets | 22/27 | €11,580 | €20,513 | +€8,932 | +77.1% |
| Plant, machinery and equipment | 23 | - | €2,421 | +€2,421 | |
| Furniture and vehicles | 24 | €955 | €9,694 | +€8,739 | +915% |
| Other tangible fixed assets | 26 | €10,625 | €8,397 | -€2,228 | -21.0% |
| Current assets | 29/58 | €80,596 | €94,805 | +€14,209 | +17.6% |
| Amounts receivable after more than one year | 29 | €23,427 | €23,427 | = | 0.0% |
| Trade receivables | 290 | €23,427 | €23,427 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €40,832 | €58,933 | +€18,102 | +44.3% |
| Trade receivables | 40 | €24,522 | €28,955 | +€4,432 | +18.1% |
| Other amounts receivable | 41 | €16,310 | €29,979 | +€13,669 | +83.8% |
| Cash at bank and in hand | 54/58 | €15,560 | €10,523 | -€5,037 | -32.4% |
| Deferred charges and accrued income | 490/1 | €777 | €1,922 | +€1,145 | +147% |
| Total equity and liabilities | 10/49 | €92,176 | €115,317 | +€23,141 | +25.1% |
| Equity | 10/15 | €71,848 | €94,726 | +€22,878 | +31.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €20,482 | €43,361 | +€22,878 | +112% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €18,622 | €41,501 | +€22,878 | +123% |
| Profit (loss) carried forward | 14 | €38,966 | €38,966 | = | 0.0% |
| Amounts payable | 17/49 | €20,328 | €20,591 | +€263 | +1.3% |
| Amounts payable after more than one year | 17 | €5,049 | €2,593 | -€2,456 | -48.6% |
| Financial debts | 170/4 | €5,049 | €2,593 | -€2,456 | -48.6% |
| Amounts payable within one year | 42/48 | €15,279 | €17,998 | +€2,719 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €5,723 | €5,788 | +€65 | +1.1% |
| Trade debts | 44 | €5,164 | €4,836 | -€328 | -6.4% |
| Suppliers | 440/4 | €5,164 | €4,836 | -€328 | -6.4% |
| Taxes, remuneration and social security | 45 | €4,392 | €7,375 | +€2,983 | +67.9% |
| Taxes | 450/3 | €4,392 | €7,375 | +€2,983 | +67.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,632 | €2,545 | -€87 | -3.3% |
| Other operating charges | 640/8 | €1,176 | €1,302 | +€127 | +10.8% |
| Gross operating margin | 9900 | €17,231 | €37,501 | +€20,270 | +118% |
| Operating profit (loss) | 9901 | €13,423 | €33,654 | +€20,231 | +151% |
| Financial income | 75/76B | €727 | - | -€727 | |
| Recurring financial income | 75 | €727 | - | -€727 | |
| Financial charges | 65/66B | €559 | €1,051 | +€492 | +88.0% |
| Recurring financial charges | 65 | €559 | €1,051 | +€492 | +88.0% |
| Profit (loss) for the period before taxes | 9903 | €13,591 | €32,603 | +€19,012 | +140% |
| Income taxes | 67/77 | €3,616 | €9,725 | +€6,109 | +169% |
| Profit (loss) for the period | 9904 | €9,975 | €22,878 | +€12,903 | +129% |
| Profit (loss) for the period to be appropriated | 9905 | €9,975 | €22,878 | +€12,903 | +129% |
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 24 October 2026 via checked.be.