VALEO CONSULTING: 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.
VALEO CONSULTING
Largest movements
- Cash +€102,903
up €102,903 (+58.1%), from €177,089 to €279,991
mainly Other debts (+€172,522) and Net result for the year (+€105,187)
- Receivables within one year -€15,184
down €15,184 (-29.4%), from €51,583 to €36,399
of which Trade receivables: -€20,391
- Tangible fixed assets -€9,451
down €9,451 (-21.1%), from €44,704 to €35,253
of which Furniture and vehicles: -€10,844
- Other debts +€172,522
up €172,522 (+1,033%), from €16,699 to €189,221
- Reserves -€94,813
down €94,813 (-39.5%), from €239,995 to €145,182
- Gross operating margin -€10,042
down €10,042 (-6.1%), from €163,957 to €153,915
- Taxes -€3,061
down €3,061 (-8.0%), from €38,277 to €35,217
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 | €275,338 | €353,335 | +€77,998 | +28.3% |
| Fixed assets | 21/28 | €44,704 | €35,253 | -€9,451 | -21.1% |
| Tangible fixed assets | 22/27 | €44,704 | €35,253 | -€9,451 | -21.1% |
| Plant, machinery and equipment | 23 | €942 | €2,695 | +€1,753 | +186% |
| Furniture and vehicles | 24 | €42,335 | €31,491 | -€10,844 | -25.6% |
| Other tangible fixed assets | 26 | €1,427 | €1,067 | -€360 | -25.2% |
| Current assets | 29/58 | €230,634 | €318,082 | +€87,449 | +37.9% |
| Amounts receivable within one year | 40/41 | €51,583 | €36,399 | -€15,184 | -29.4% |
| Trade receivables | 40 | €49,613 | €29,222 | -€20,391 | -41.1% |
| Other amounts receivable | 41 | €1,970 | €7,176 | +€5,207 | +264% |
| Cash at bank and in hand | 54/58 | €177,089 | €279,991 | +€102,903 | +58.1% |
| Deferred charges and accrued income | 490/1 | €1,963 | €1,692 | -€270 | -13.8% |
| Total equity and liabilities | 10/49 | €275,338 | €353,335 | +€77,998 | +28.3% |
| Equity | 10/15 | €258,595 | €163,782 | -€94,813 | -36.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €239,995 | €145,182 | -€94,813 | -39.5% |
| Distributable reserves | 133 | €239,995 | €145,182 | -€94,813 | -39.5% |
| Amounts payable | 17/49 | €16,743 | €189,554 | +€172,811 | +1,032% |
| Amounts payable within one year | 42/48 | €16,743 | €189,545 | +€172,802 | +1,032% |
| Trade debts | 44 | €44 | €324 | +€280 | +633% |
| Suppliers | 440/4 | €44 | €324 | +€280 | +633% |
| Other amounts payable | 47/48 | €16,699 | €189,221 | +€172,522 | +1,033% |
| Accrued charges and deferred income | 492/3 | - | €9 | +€9 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,757 | €12,443 | +€687 | +5.8% |
| Other operating charges | 640/8 | €512 | €953 | +€441 | +86.1% |
| Gross operating margin | 9900 | €163,957 | €153,915 | -€10,042 | -6.1% |
| Operating profit (loss) | 9901 | €151,688 | €140,518 | -€11,170 | -7.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €47 | €116 | +€69 | +149% |
| Recurring financial charges | 65 | €47 | €116 | +€69 | +149% |
| Profit (loss) for the period before taxes | 9903 | €151,642 | €140,403 | -€11,239 | -7.4% |
| Income taxes | 67/77 | €38,277 | €35,217 | -€3,061 | -8.0% |
| Profit (loss) for the period | 9904 | €113,365 | €105,187 | -€8,178 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €113,365 | €105,187 | -€8,178 | -7.2% |
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 26 October 2026 via checked.be.