VALERI DE WIT: what changed
Two fiscal 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.
VALERI DE WIT
Largest movements
- Receivables within one year -€12,846
down €12,846 (-80.6%), from €15,944 to €3,097
of which Other amounts receivable: -€12,918
- Cash +€1,585
up €1,585 (+259.0%), from €612 to €2,197
mainly Receivables within one year (+€12,846) and Trade debts (+€1,661)
- Financial fixed assets +€1,250
new in 2025: €1,250
- Tangible fixed assets -€422
down €422 (-25.4%), from €1,661 to €1,238
of which Plant, machinery and equipment: -€422
- Deferred charges and accrued income -€391
down €391 (-64.8%), from €604 to €213
- Profit (loss) carried forward -€7,694
down €7,694 (-15.6%), from -€49,467 to -€57,161
- Tax, wage and social debts -€3,530
down €3,530 (-70.2%), from €5,027 to €1,496
of which Taxes: -€2,618
- Trade debts +€1,661
up €1,661 (+30.3%), from €5,487 to €7,147
- Current portion of long-term debt -€825
down €825 (-72.9%), from €1,132 to €307
- Debts after one year -€307
no longer reported in 2025 (was €307)
- Staff costs -€8,346
down €8,346 (-86.4%), from €9,658 to €1,312
- Financial charges +€4,670
up €4,670 (+355.4%), from €1,314 to €5,984
of which Non-recurring financial charges: +€4,722
- Gross operating margin +€3,230
up €3,230, from -€2,033 to €1,197
- Financial income -€1,938
down €1,938 (-80.8%), from €2,397 to €459
- Other operating charges +€1,219
up €1,219 (+295.4%), from €413 to €1,632
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 | €20,046 | €9,350 | -€10,696 | -53.4% |
| Fixed assets | 21/28 | €1,661 | €2,488 | +€828 | +49.8% |
| Tangible fixed assets | 22/27 | €1,661 | €1,238 | -€422 | -25.4% |
| Plant, machinery and equipment | 23 | €1,661 | €1,238 | -€422 | -25.4% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | - | €1,250 | +€1,250 | |
| Current assets | 29/58 | €18,385 | €6,862 | -€11,523 | -62.7% |
| Stocks and contracts in progress | 3 | €1,226 | €1,355 | +€129 | +10.5% |
| Stocks | 30/36 | €1,226 | €1,355 | +€129 | +10.5% |
| Amounts receivable within one year | 40/41 | €15,944 | €3,097 | -€12,846 | -80.6% |
| Trade receivables | 40 | - | €71 | +€71 | |
| Other amounts receivable | 41 | €15,944 | €3,026 | -€12,918 | -81.0% |
| Cash at bank and in hand | 54/58 | €612 | €2,197 | +€1,585 | +259.0% |
| Deferred charges and accrued income | 490/1 | €604 | €213 | -€391 | -64.8% |
| Total equity and liabilities | 10/49 | €20,046 | €9,350 | -€10,696 | -53.4% |
| Equity | 10/15 | -€30,467 | -€38,161 | -€7,694 | -25.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,467 | -€57,161 | -€7,694 | -15.6% |
| Amounts payable | 17/49 | €50,513 | €47,511 | -€3,002 | -5.9% |
| Amounts payable after more than one year | 17 | €307 | - | -€307 | |
| Financial debts | 170/4 | €307 | - | -€307 | |
| Amounts payable within one year | 42/48 | €50,206 | €47,511 | -€2,695 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €1,132 | €307 | -€825 | -72.9% |
| Trade debts | 44 | €5,487 | €7,147 | +€1,661 | +30.3% |
| Suppliers | 440/4 | €5,487 | €7,147 | +€1,661 | +30.3% |
| Taxes, remuneration and social security | 45 | €5,027 | €1,496 | -€3,530 | -70.2% |
| Taxes | 450/3 | €4,021 | €1,404 | -€2,618 | -65.1% |
| Remuneration and social security | 454/9 | €1,005 | €93 | -€913 | -90.8% |
| Other amounts payable | 47/48 | €38,561 | €38,561 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €9,658 | €1,312 | -€8,346 | -86.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €342 | €422 | +€81 | +23.6% |
| Other operating charges | 640/8 | €413 | €1,632 | +€1,219 | +295.4% |
| Gross operating margin | 9900 | -€2,033 | €1,197 | +€3,230 | |
| Operating profit (loss) | 9901 | -€12,445 | -€2,169 | +€10,276 | +82.6% |
| Financial income | 75/76B | €2,397 | €459 | -€1,938 | -80.8% |
| Recurring financial income | 75 | €2,397 | €459 | -€1,938 | -80.8% |
| Financial charges | 65/66B | €1,314 | €5,984 | +€4,670 | +355.4% |
| Recurring financial charges | 65 | €1,314 | €1,261 | -€53 | -4.0% |
| Non-recurring financial charges | 66B | - | €4,722 | +€4,722 | |
| Profit (loss) for the period before taxes | 9903 | -€11,363 | -€7,694 | +€3,669 | +32.3% |
| Profit (loss) for the period | 9904 | -€11,363 | -€7,694 | +€3,669 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,363 | -€7,694 | +€3,669 | +32.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.