Valentine 1958: what changed
Valentine 1958
Largest movements
- Receivables within one year +€12,716
up €12,716 (+361%), from €3,527 to €16,243
of which Other amounts receivable: +€11,197
- Cash +€11,700
up €11,700 (+85.7%), from €13,657 to €25,358
mainly Net result for the year (+€21,625) and Other debts (+€17,180)
- Tangible fixed assets +€5,282
up €5,282 (+41.9%), from €12,591 to €17,873
of which Plant, machinery and equipment: +€6,031
- Other debts +€17,180
new in 2023: €17,180
- Tax, wage and social debts +€6,342
up €6,342 (+112%), from €5,658 to €12,000
- Profit (loss) carried forward +€4,445
up €4,445 (+28.2%), from €15,739 to €20,183
- Trade debts +€2,353
up €2,353 (+24.8%), from €9,496 to €11,849
- Gross operating margin +€7,494
up €7,494 (+29.7%), from €25,232 to €32,726
- Taxes +€1,320
up €1,320 (+33.0%), from €4,000 to €5,320
- Financial charges +€808
up €808 (+144%), from €563 to €1,371
of which Financial charges: +€559
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,855 | €63,712 | +€29,857 | +88.2% |
| Fixed assets | 21/28 | €12,591 | €17,873 | +€5,282 | +41.9% |
| Tangible fixed assets | 22/27 | €12,591 | €17,873 | +€5,282 | +41.9% |
| Plant, machinery and equipment | 23 | €2,658 | €8,689 | +€6,031 | +227% |
| Furniture and vehicles | 24 | €1,933 | €3,184 | +€1,251 | +64.7% |
| Other tangible fixed assets | 26 | €8,000 | €6,000 | -€2,000 | -25.0% |
| Current assets | 29/58 | €21,264 | €45,839 | +€24,575 | +116% |
| Stocks and contracts in progress | 3 | €4,079 | €4,239 | +€159 | +3.9% |
| Stocks | 30/36 | €4,079 | €4,239 | +€159 | +3.9% |
| Amounts receivable within one year | 40/41 | €3,527 | €16,243 | +€12,716 | +361% |
| Trade receivables | 40 | €18 | €1,536 | +€1,518 | +8,597% |
| Other amounts receivable | 41 | €3,509 | €14,707 | +€11,197 | +319% |
| Cash at bank and in hand | 54/58 | €13,657 | €25,358 | +€11,700 | +85.7% |
| Total equity and liabilities | 10/49 | €33,855 | €63,712 | +€29,857 | +88.2% |
| Equity | 10/15 | €18,239 | €22,683 | +€4,445 | +24.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,739 | €20,183 | +€4,445 | +28.2% |
| Amounts payable | 17/49 | €15,617 | €41,029 | +€25,412 | +163% |
| Amounts payable within one year | 42/48 | €15,617 | €41,029 | +€25,412 | +163% |
| Trade debts | 44 | €9,496 | €11,849 | +€2,353 | +24.8% |
| Suppliers | 440/4 | €9,496 | €11,849 | +€2,353 | +24.8% |
| Advances received on contracts in progress | 46 | €462 | - | -€462 | |
| Taxes, remuneration and social security | 45 | €5,658 | €12,000 | +€6,342 | +112% |
| Taxes | 450/3 | €5,658 | €12,000 | +€6,342 | +112% |
| Other amounts payable | 47/48 | - | €17,180 | +€17,180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,273 | €4,091 | -€182 | -4.2% |
| Other operating charges | 640/8 | €1,579 | €1,564 | -€15 | -1.0% |
| Gross operating margin | 9900 | €25,232 | €32,726 | +€7,494 | +29.7% |
| Operating profit (loss) | 9901 | €19,380 | €27,071 | +€7,691 | +39.7% |
| Financial income | 75/76B | €921 | €1,244 | +€323 | +35.1% |
| Recurring financial income | 75 | €921 | €1,244 | +€323 | +35.1% |
| Financial charges | 65/66B | €563 | €1,371 | +€808 | +144% |
| Recurring financial charges | 65 | €563 | €1,121 | +€559 | +99.3% |
| Non-recurring financial charges | 66B | - | €250 | +€250 | |
| Profit (loss) for the period before taxes | 9903 | €19,739 | €26,945 | +€7,206 | +36.5% |
| Income taxes | 67/77 | €4,000 | €5,320 | +€1,320 | +33.0% |
| Profit (loss) for the period | 9904 | €15,739 | €21,625 | +€5,886 | +37.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,739 | €21,625 | +€5,886 | +37.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.