VALIEGE FI: 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.
VALIEGE FI
Largest movements
- Current investments +€27,836
up €27,836 (+1.5%), from €1.8m to €1.9m
- Profit (loss) carried forward +€46,001
up €46,001 (+7.1%), from €651,122 to €697,123
- Financial income -€18,551
down €18,551 (-13.8%), from €133,985 to €115,434
- Taxes -€8,580
down €8,580 (-31.4%), from €27,320 to €18,741
- Financial charges +€4,516
up €4,516 (+13.4%), from €33,621 to €38,137
- Other operating charges +€4,240
up €4,240 (+135%), from €3,132 to €7,372
- Gross operating margin +€4,205
up €4,205 (+44.8%), from -€9,389 to -€5,184
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 | €2,172,450 | €2,217,179 | +€44,729 | +2.1% |
| Current assets | 29/58 | €2,172,450 | €2,217,179 | +€44,729 | +2.1% |
| Amounts receivable within one year | 40/41 | €339,409 | €339,235 | -€174 | -0.1% |
| Trade receivables | 40 | €3,478 | €2,522 | -€957 | -27.5% |
| Other amounts receivable | 41 | €335,931 | €336,714 | +€783 | +0.2% |
| Current investments | 50/53 | €1,832,660 | €1,860,496 | +€27,836 | +1.5% |
| Cash at bank and in hand | 54/58 | €381 | €17,448 | +€17,067 | +4,479% |
| Total equity and liabilities | 10/49 | €2,172,450 | €2,217,179 | +€44,729 | +2.1% |
| Equity | 10/15 | €2,163,783 | €2,209,784 | +€46,001 | +2.1% |
| Contributions | 10/11 | €1,054,499 | €1,054,499 | = | 0.0% |
| Reserves | 13 | €458,162 | €458,162 | = | 0.0% |
| Non-distributable reserves | 130/1 | €44,630 | €44,630 | = | 0.0% |
| Reserves not available under the articles | 1311 | €44,630 | €44,630 | = | 0.0% |
| Distributable reserves | 133 | €413,532 | €413,532 | = | 0.0% |
| Profit (loss) carried forward | 14 | €651,122 | €697,123 | +€46,001 | +7.1% |
| Amounts payable | 17/49 | €8,667 | €7,396 | -€1,271 | -14.7% |
| Amounts payable within one year | 42/48 | €8,667 | €7,396 | -€1,271 | -14.7% |
| Trade debts | 44 | €3,478 | €2,522 | -€957 | -27.5% |
| Suppliers | 440/4 | €3,478 | €2,522 | -€957 | -27.5% |
| Taxes, remuneration and social security | 45 | €4,320 | €4,320 | = | 0.0% |
| Taxes | 450/3 | €4,320 | €4,320 | = | 0.0% |
| Other amounts payable | 47/48 | €868 | €553 | -€315 | -36.3% |
| Other operating charges | 640/8 | €3,132 | €7,372 | +€4,240 | +135% |
| Gross operating margin | 9900 | -€9,389 | -€5,184 | +€4,205 | +44.8% |
| Operating profit (loss) | 9901 | -€12,521 | -€12,556 | -€35 | -0.3% |
| Financial income | 75/76B | €133,985 | €115,434 | -€18,551 | -13.8% |
| Recurring financial income | 75 | €133,985 | €115,434 | -€18,551 | -13.8% |
| Financial charges | 65/66B | €33,621 | €38,137 | +€4,516 | +13.4% |
| Recurring financial charges | 65 | €33,621 | €38,137 | +€4,516 | +13.4% |
| Profit (loss) for the period before taxes | 9903 | €87,843 | €64,741 | -€23,102 | -26.3% |
| Income taxes | 67/77 | €27,320 | €18,741 | -€8,580 | -31.4% |
| Profit (loss) for the period | 9904 | €60,523 | €46,001 | -€14,522 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €60,523 | €46,001 | -€14,522 | -24.0% |
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 21 October 2026 via checked.be.