VALERIO COIFFURE: 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.
VALERIO COIFFURE
Largest movements
- Tangible fixed assets +€55,752
up €55,752 (+274%), from €20,329 to €76,081
of which Plant, machinery and equipment: +€50,128
- Receivables within one year +€17,673
up €17,673 (+940%), from €1,881 to €19,554
of which Trade receivables: +€19,554
- Cash +€2,694
up €2,694 (+235%), from €1,147 to €3,841
mainly Debts after one year (+€56,188) and Trade debts (+€15,801)
- Stocks and contracts -€1,928
down €1,928 (-17.6%), from €10,930 to €9,002
- Debts after one year +€56,188
up €56,188 (+554%), from €10,138 to €66,326
- Trade debts +€15,801
up €15,801 (+240%), from €6,577 to €22,378
- Current portion of long-term debt +€10,032
up €10,032 (+130%), from €7,688 to €17,720
- Other debts -€8,101
down €8,101 (-19.0%), from €42,592 to €34,491
- Profit (loss) carried forward -€4,318
down €4,318 (-8.3%), from -€51,772 to -€56,090
- Gross operating margin -€23,037
down €23,037 (-24.7%), from €93,397 to €70,360
- Staff costs +€2,822
up €2,822 (+5.0%), from €55,931 to €58,753
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 | €36,205 | €110,251 | +€74,046 | +205% |
| Fixed assets | 21/28 | €20,516 | €76,268 | +€55,752 | +272% |
| Tangible fixed assets | 22/27 | €20,329 | €76,081 | +€55,752 | +274% |
| Plant, machinery and equipment | 23 | €17,445 | €67,573 | +€50,128 | +287% |
| Furniture and vehicles | 24 | €2,884 | €8,508 | +€5,624 | +195% |
| Financial fixed assets | 28 | €187 | €187 | = | 0.0% |
| Current assets | 29/58 | €15,689 | €33,983 | +€18,294 | +117% |
| Stocks and contracts in progress | 3 | €10,930 | €9,002 | -€1,928 | -17.6% |
| Stocks | 30/36 | €10,930 | €9,002 | -€1,928 | -17.6% |
| Amounts receivable within one year | 40/41 | €1,881 | €19,554 | +€17,673 | +940% |
| Trade receivables | 40 | - | €19,554 | +€19,554 | |
| Other amounts receivable | 41 | €1,881 | - | -€1,881 | |
| Cash at bank and in hand | 54/58 | €1,147 | €3,841 | +€2,694 | +235% |
| Deferred charges and accrued income | 490/1 | €1,731 | €1,586 | -€145 | -8.4% |
| Total equity and liabilities | 10/49 | €36,205 | €110,251 | +€74,046 | +205% |
| Equity | 10/15 | -€40,524 | -€44,842 | -€4,318 | -10.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €5,051 | €5,051 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €3,192 | €3,192 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,772 | -€56,090 | -€4,318 | -8.3% |
| Amounts payable | 17/49 | €76,729 | €155,093 | +€78,364 | +102% |
| Amounts payable after more than one year | 17 | €10,138 | €66,326 | +€56,188 | +554% |
| Financial debts | 170/4 | €10,138 | €66,326 | +€56,188 | +554% |
| Amounts payable within one year | 42/48 | €66,591 | €88,767 | +€22,176 | +33.3% |
| Current portion of amounts payable after more than one year | 42 | €7,688 | €17,720 | +€10,032 | +130% |
| Financial debts | 43 | - | €1,875 | +€1,875 | |
| Credit institutions | 430/8 | - | €1,875 | +€1,875 | |
| Trade debts | 44 | €6,577 | €22,378 | +€15,801 | +240% |
| Suppliers | 440/4 | €6,577 | €22,378 | +€15,801 | +240% |
| Taxes, remuneration and social security | 45 | €9,734 | €12,303 | +€2,569 | +26.4% |
| Taxes | 450/3 | €6,107 | €3,239 | -€2,868 | -47.0% |
| Remuneration and social security | 454/9 | €3,627 | €9,064 | +€5,437 | +150% |
| Other amounts payable | 47/48 | €42,592 | €34,491 | -€8,101 | -19.0% |
| Remuneration, social security and pensions | 62 | €55,931 | €58,753 | +€2,822 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,753 | €11,753 | = | 0.0% |
| Other operating charges | 640/8 | €268 | €268 | = | 0.0% |
| Gross operating margin | 9900 | €93,397 | €70,360 | -€23,037 | -24.7% |
| Operating profit (loss) | 9901 | €25,445 | -€414 | -€25,859 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €3,142 | €3,571 | +€429 | +13.7% |
| Recurring financial charges | 65 | €3,142 | €3,571 | +€429 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €22,304 | -€3,985 | -€26,289 | |
| Income taxes | 67/77 | €323 | €333 | +€10 | +3.1% |
| Profit (loss) for the period | 9904 | €21,981 | -€4,318 | -€26,299 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,981 | -€4,318 | -€26,299 |
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 1 November 2026 via checked.be.