VALIDEOTECH: 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.
VALIDEOTECH
Largest movements
- Cash +€54,654
up €54,654 (+45.1%), from €121,077 to €175,731
mainly Net result for the year (+€58,594) and Tax, wage and social debts (+€1,350)
- Receivables within one year +€6,586
up €6,586 (+238.7%), from €2,759 to €9,345
- Profit (loss) carried forward +€58,594
up €58,594 (+48.0%), from €122,128 to €180,722
- Gross operating margin -€41,615
down €41,615 (-36.0%), from €115,443 to €73,828
- Taxes -€9,204
down €9,204 (-37.9%), from €24,295 to €15,091
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 | €124,924 | €185,983 | +€61,059 | +48.9% |
| Current assets | 29/58 | €124,924 | €185,983 | +€61,059 | +48.9% |
| Amounts receivable within one year | 40/41 | €2,759 | €9,345 | +€6,586 | +238.7% |
| Other amounts receivable | 41 | €2,759 | €9,345 | +€6,586 | +238.7% |
| Cash at bank and in hand | 54/58 | €121,077 | €175,731 | +€54,654 | +45.1% |
| Deferred charges and accrued income | 490/1 | €1,087 | €906 | -€181 | -16.7% |
| Total equity and liabilities | 10/49 | €124,924 | €185,983 | +€61,059 | +48.9% |
| Equity | 10/15 | €122,628 | €181,222 | +€58,594 | +47.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €122,128 | €180,722 | +€58,594 | +48.0% |
| Amounts payable | 17/49 | €2,296 | €4,761 | +€2,465 | +107.3% |
| Amounts payable within one year | 42/48 | €2,296 | €4,761 | +€2,465 | +107.3% |
| Trade debts | 44 | €87 | €387 | +€300 | +343.4% |
| Suppliers | 440/4 | €87 | €387 | +€300 | +343.4% |
| Taxes, remuneration and social security | 45 | €1,350 | €2,700 | +€1,350 | +100.0% |
| Taxes | 450/3 | €1,350 | €2,700 | +€1,350 | +100.0% |
| Other amounts payable | 47/48 | €859 | €1,674 | +€815 | +94.9% |
| Other operating charges | 640/8 | - | €9 | +€9 | |
| Gross operating margin | 9900 | €115,443 | €73,828 | -€41,615 | -36.0% |
| Operating profit (loss) | 9901 | €115,443 | €73,819 | -€41,624 | -36.1% |
| Financial charges | 65/66B | €32 | €134 | +€102 | +313.5% |
| Recurring financial charges | 65 | €32 | €134 | +€102 | +313.5% |
| Profit (loss) for the period before taxes | 9903 | €115,411 | €73,685 | -€41,726 | -36.2% |
| Income taxes | 67/77 | €24,295 | €15,091 | -€9,204 | -37.9% |
| Profit (loss) for the period | 9904 | €91,115 | €58,594 | -€32,522 | -35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €91,115 | €58,594 | -€32,522 | -35.7% |
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 30 September 2026 via checked.be.