VALIMEC: 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.
VALIMEC
Largest movements
- Tangible fixed assets +€55,411
up €55,411 (+21.2%), from €261,017 to €316,428
of which Furniture and vehicles: +€76,870
- Cash -€22,130
down €22,130 (-35.4%), from €62,461 to €40,331
mainly Investment in fixed assets (net) (-€107,216) and Other debts (-€35,253)
- Receivables within one year -€18,308
down €18,308 (-25.6%), from €71,617 to €53,309
of which Trade receivables: -€29,291
- Debts after one year +€60,124
up €60,124, from €0 to €60,124
- Other debts -€35,253
down €35,253 (-21.4%), from €164,700 to €129,447
- Current portion of long-term debt +€23,248
up €23,248 (+2366.5%), from €982 to €24,231
- Profit (loss) carried forward -€20,901
down €20,901 (-95.3%), from €21,929 to €1,028
- Tax, wage and social debts -€16,219
down €16,219 (-70.1%), from €23,126 to €6,907
of which Taxes: -€13,979
- Gross operating margin -€23,106
down €23,106 (-39.5%), from €58,461 to €35,355
- Depreciation +€12,263
up €12,263 (+31.0%), from €39,542 to €51,805
- Taxes -€6,605
down €6,605 (-100.0%), from €6,605 to €0
- Financial charges +€2,738
up €2,738 (+424.1%), from €646 to €3,384
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 | €406,259 | €423,997 | +€17,738 | +4.4% |
| Fixed assets | 21/28 | €261,017 | €316,428 | +€55,411 | +21.2% |
| Tangible fixed assets | 22/27 | €261,017 | €316,428 | +€55,411 | +21.2% |
| Land and buildings | 22 | €71,085 | €56,971 | -€14,114 | -19.9% |
| Plant, machinery and equipment | 23 | €154,231 | €146,886 | -€7,345 | -4.8% |
| Furniture and vehicles | 24 | €35,702 | €112,572 | +€76,870 | +215.3% |
| Current assets | 29/58 | €145,242 | €107,569 | -€37,673 | -25.9% |
| Stocks and contracts in progress | 3 | €8,500 | €11,000 | +€2,500 | +29.4% |
| Stocks | 30/36 | €8,500 | €11,000 | +€2,500 | +29.4% |
| Amounts receivable within one year | 40/41 | €71,617 | €53,309 | -€18,308 | -25.6% |
| Trade receivables | 40 | €66,290 | €36,999 | -€29,291 | -44.2% |
| Other amounts receivable | 41 | €5,326 | €16,310 | +€10,983 | +206.2% |
| Cash at bank and in hand | 54/58 | €62,461 | €40,331 | -€22,130 | -35.4% |
| Deferred charges and accrued income | 490/1 | €2,664 | €2,929 | +€265 | +9.9% |
| Total equity and liabilities | 10/49 | €406,259 | €423,997 | +€17,738 | +4.4% |
| Equity | 10/15 | €201,540 | €180,638 | -€20,901 | -10.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €161,019 | €161,019 | = | 0.0% |
| Distributable reserves | 133 | €161,019 | €161,019 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,929 | €1,028 | -€20,901 | -95.3% |
| Amounts payable | 17/49 | €204,720 | €243,359 | +€38,639 | +18.9% |
| Amounts payable after more than one year | 17 | €0 | €60,124 | +€60,124 | |
| Financial debts | 170/4 | €0 | €60,124 | +€60,124 | |
| Amounts payable within one year | 42/48 | €204,720 | €183,235 | -€21,485 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €982 | €24,231 | +€23,248 | +2366.5% |
| Trade debts | 44 | €15,911 | €22,650 | +€6,739 | +42.4% |
| Suppliers | 440/4 | €15,911 | €22,650 | +€6,739 | +42.4% |
| Taxes, remuneration and social security | 45 | €23,126 | €6,907 | -€16,219 | -70.1% |
| Taxes | 450/3 | €15,776 | €1,797 | -€13,979 | -88.6% |
| Remuneration and social security | 454/9 | €7,350 | €5,110 | -€2,240 | -30.5% |
| Other amounts payable | 47/48 | €164,700 | €129,447 | -€35,253 | -21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,542 | €51,805 | +€12,263 | +31.0% |
| Other operating charges | 640/8 | €828 | €1,076 | +€248 | +30.0% |
| Gross operating margin | 9900 | €58,461 | €35,355 | -€23,106 | -39.5% |
| Operating profit (loss) | 9901 | €18,091 | -€17,526 | -€35,617 | |
| Financial income | 75/76B | €4 | €8 | +€4 | +88.8% |
| Recurring financial income | 75 | €4 | €8 | +€4 | +88.8% |
| Financial charges | 65/66B | €646 | €3,384 | +€2,738 | +424.1% |
| Recurring financial charges | 65 | €646 | €3,384 | +€2,738 | +424.1% |
| Profit (loss) for the period before taxes | 9903 | €17,450 | -€20,901 | -€38,351 | |
| Income taxes | 67/77 | €6,605 | €0 | -€6,605 | -100.0% |
| Profit (loss) for the period | 9904 | €10,845 | -€20,901 | -€31,746 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,845 | -€20,901 | -€31,746 |
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 3 October 2026 via checked.be.