VALERIUS THEATER: 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.
VALERIUS THEATER
Largest movements
- Cash -€44,165
down €44,165 (-89.0%), from €49,616 to €5,451
mainly Net result for the year (-€111,868) and Debts after one year (-€7,680)
- Tangible fixed assets -€16,626
down €16,626 (-25.6%), from €64,979 to €48,353
of which Furniture and vehicles: -€16,475
- Receivables within one year +€2,029
up €2,029 (+129%), from €1,578 to €3,607
- Profit (loss) carried forward -€111,868
down €111,868 (-98.7%), from -€113,321 to -€225,189
- Other debts +€77,938
up €77,938 (+98.3%), from €79,296 to €157,233
- Debts after one year -€7,680
no longer reported in 2025 (was €7,680)
- Current portion of long-term debt -€7,482
down €7,482 (-49.3%), from €15,162 to €7,680
- Trade debts -€6,510
down €6,510 (-94.0%), from €6,923 to €413
- Gross operating margin -€53,755
down €53,755 (-204%), from -€26,306 to -€80,061
- Depreciation +€5,594
up €5,594 (+44.1%), from €12,696 to €18,291
- Other operating charges -€3,652
down €3,652 (-51.6%), from €7,073 to €3,421
- Staff costs +€2,077
up €2,077 (+29.4%), from €7,064 to €9,142
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 | €124,710 | €66,840 | -€57,870 | -46.4% |
| Fixed assets | 21/28 | €72,046 | €55,420 | -€16,626 | -23.1% |
| Tangible fixed assets | 22/27 | €64,979 | €48,353 | -€16,626 | -25.6% |
| Plant, machinery and equipment | 23 | €2,342 | €2,959 | +€617 | +26.3% |
| Furniture and vehicles | 24 | €61,380 | €44,904 | -€16,475 | -26.8% |
| Other tangible fixed assets | 26 | €1,258 | €490 | -€768 | -61.0% |
| Financial fixed assets | 28 | €7,067 | €7,067 | = | 0.0% |
| Current assets | 29/58 | €52,663 | €11,420 | -€41,244 | -78.3% |
| Amounts receivable within one year | 40/41 | €1,578 | €3,607 | +€2,029 | +129% |
| Other amounts receivable | 41 | €1,578 | €3,607 | +€2,029 | +129% |
| Cash at bank and in hand | 54/58 | €49,616 | €5,451 | -€44,165 | -89.0% |
| Deferred charges and accrued income | 490/1 | €1,469 | €2,362 | +€892 | +60.7% |
| Total equity and liabilities | 10/49 | €124,710 | €66,840 | -€57,870 | -46.4% |
| Equity | 10/15 | €12,679 | -€99,189 | -€111,868 | |
| Contributions | 10/11 | €126,000 | €126,000 | = | 0.0% |
| Contributions outside capital | 11 | €126,000 | - | -€126,000 | |
| Other | 1109/19 | €126,000 | - | -€126,000 | |
| Profit (loss) carried forward | 14 | -€113,321 | -€225,189 | -€111,868 | -98.7% |
| Amounts payable | 17/49 | €112,030 | €166,029 | +€53,999 | +48.2% |
| Amounts payable after more than one year | 17 | €7,680 | - | -€7,680 | |
| Financial debts | 170/4 | €7,680 | - | -€7,680 | |
| Amounts payable within one year | 42/48 | €104,350 | €166,029 | +€61,679 | +59.1% |
| Current portion of amounts payable after more than one year | 42 | €15,162 | €7,680 | -€7,482 | -49.3% |
| Trade debts | 44 | €6,923 | €413 | -€6,510 | -94.0% |
| Suppliers | 440/4 | €6,923 | €413 | -€6,510 | -94.0% |
| Taxes, remuneration and social security | 45 | €2,970 | €704 | -€2,267 | -76.3% |
| Taxes | 450/3 | €532 | €704 | +€172 | +32.3% |
| Remuneration and social security | 454/9 | €2,439 | - | -€2,439 | |
| Other amounts payable | 47/48 | €79,296 | €157,233 | +€77,938 | +98.3% |
| Remuneration, social security and pensions | 62 | €7,064 | €9,142 | +€2,077 | +29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,696 | €18,291 | +€5,594 | +44.1% |
| Other operating charges | 640/8 | €7,073 | €3,421 | -€3,652 | -51.6% |
| Gross operating margin | 9900 | -€26,306 | -€80,061 | -€53,755 | -204% |
| Operating profit (loss) | 9901 | -€53,139 | -€110,914 | -€57,775 | -109% |
| Financial income | 75/76B | €579 | €153 | -€425 | -73.5% |
| Recurring financial income | 75 | €579 | €153 | -€425 | -73.5% |
| Financial charges | 65/66B | €754 | €359 | -€395 | -52.4% |
| Recurring financial charges | 65 | €754 | €359 | -€395 | -52.4% |
| Profit (loss) for the period before taxes | 9903 | -€53,314 | -€111,119 | -€57,805 | -108% |
| Income taxes | 67/77 | €660 | €749 | +€89 | +13.5% |
| Profit (loss) for the period | 9904 | -€53,975 | -€111,868 | -€57,894 | -107% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,975 | -€111,868 | -€57,894 | -107% |
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 27 October 2026 via checked.be.