VALGOMERY: 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.
VALGOMERY
Largest movements
- Tangible fixed assets -€20,748
down €20,748 (-3.5%), from €600,640 to €579,892
of which Land and buildings: -€20,748
- Deferred charges and accrued income +€8,092
up €8,092 (+221.7%), from €3,650 to €11,742
- Other debts -€19,521
down €19,521 (-16.7%), from €116,890 to €97,369
- Other operating charges +€3,001
up €3,001 (+39.4%), from €7,608 to €10,609
- Gross operating margin -€892
down €892 (-3.0%), from €29,339 to €28,447
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 | €618,442 | €601,784 | -€16,657 | -2.7% |
| Fixed assets | 21/28 | €600,640 | €579,892 | -€20,748 | -3.5% |
| Tangible fixed assets | 22/27 | €600,640 | €579,892 | -€20,748 | -3.5% |
| Land and buildings | 22 | €483,459 | €462,711 | -€20,748 | -4.3% |
| Other tangible fixed assets | 26 | €117,181 | €117,181 | = | 0.0% |
| Current assets | 29/58 | €17,801 | €21,892 | +€4,091 | +23.0% |
| Amounts receivable within one year | 40/41 | €935 | €963 | +€28 | +3.0% |
| Other amounts receivable | 41 | €935 | €963 | +€28 | +3.0% |
| Cash at bank and in hand | 54/58 | €13,216 | €9,187 | -€4,029 | -30.5% |
| Deferred charges and accrued income | 490/1 | €3,650 | €11,742 | +€8,092 | +221.7% |
| Total equity and liabilities | 10/49 | €618,442 | €601,784 | -€16,657 | -2.7% |
| Equity | 10/15 | €500,780 | €497,804 | -€2,977 | -0.6% |
| Contributions | 10/11 | €555,000 | €555,000 | = | 0.0% |
| Contributions outside capital | 11 | €555,000 | €555,000 | = | 0.0% |
| Share premium | 1100/10 | €555,000 | €555,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,220 | -€57,196 | -€2,977 | -5.5% |
| Amounts payable | 17/49 | €117,661 | €103,980 | -€13,681 | -11.6% |
| Amounts payable within one year | 42/48 | €116,896 | €97,369 | -€19,527 | -16.7% |
| Trade debts | 44 | €6 | - | -€6 | |
| Suppliers | 440/4 | €6 | - | -€6 | |
| Other amounts payable | 47/48 | €116,890 | €97,369 | -€19,521 | -16.7% |
| Accrued charges and deferred income | 492/3 | €766 | €6,612 | +€5,846 | +763.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,748 | €20,748 | = | 0.0% |
| Other operating charges | 640/8 | €7,608 | €10,609 | +€3,001 | +39.4% |
| Gross operating margin | 9900 | €29,339 | €28,447 | -€892 | -3.0% |
| Operating profit (loss) | 9901 | €983 | -€2,910 | -€3,893 | |
| Financial charges | 65/66B | €54 | €67 | +€13 | +23.1% |
| Recurring financial charges | 65 | €54 | €67 | +€13 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | €929 | -€2,977 | -€3,906 | |
| Profit (loss) for the period | 9904 | €929 | -€2,977 | -€3,906 | |
| Profit (loss) for the period to be appropriated | 9905 | €929 | -€2,977 | -€3,906 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.