VALIMMAS & Co: 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.
VALIMMAS & Co
Largest movements
- Cash +€75,244
up €75,244 (+39.1%), from €192,375 to €267,619
mainly Receivables within one year (+€64,622) and Net result for the year (+€20,485)
- Receivables within one year -€64,622
down €64,622 (-24.1%), from €267,964 to €203,341
of which Trade receivables: -€69,224
- Tangible fixed assets -€16,214
down €16,214 (-31.4%), from €51,592 to €35,378
of which Plant, machinery and equipment: -€9,976
- Receivables after one year -€7,078
down €7,078 (-26.9%), from €26,267 to €19,189
- Trade debts -€29,700
down €29,700 (-9.8%), from €302,858 to €273,158
- Profit (loss) carried forward +€20,485
up €20,485 (+9.9%), from €206,669 to €227,154
- Depreciation -€3,044
down €3,044 (-15.8%), from €19,258 to €16,214
- Gross operating margin +€2,343
up €2,343 (+6.5%), from €35,779 to €38,122
- Taxes +€1,463
up €1,463 (+23.0%), from €6,348 to €7,810
- Other operating charges +€459
up €459 (+835%), from €55 to €514
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 | €613,954 | €605,679 | -€8,275 | -1.3% |
| Fixed assets | 21/28 | €51,592 | €35,378 | -€16,214 | -31.4% |
| Tangible fixed assets | 22/27 | €51,592 | €35,378 | -€16,214 | -31.4% |
| Plant, machinery and equipment | 23 | €34,718 | €24,742 | -€9,976 | -28.7% |
| Furniture and vehicles | 24 | €16,874 | €10,636 | -€6,239 | -37.0% |
| Current assets | 29/58 | €562,362 | €570,301 | +€7,940 | +1.4% |
| Amounts receivable after more than one year | 29 | €26,267 | €19,189 | -€7,078 | -26.9% |
| Other amounts receivable | 291 | €26,267 | €19,189 | -€7,078 | -26.9% |
| Amounts receivable within one year | 40/41 | €267,964 | €203,341 | -€64,622 | -24.1% |
| Trade receivables | 40 | €233,162 | €163,939 | -€69,224 | -29.7% |
| Other amounts receivable | 41 | €34,802 | €39,403 | +€4,601 | +13.2% |
| Current investments | 50/53 | €75,005 | €79,460 | +€4,455 | +5.9% |
| Cash at bank and in hand | 54/58 | €192,375 | €267,619 | +€75,244 | +39.1% |
| Deferred charges and accrued income | 490/1 | €751 | €692 | -€59 | -7.9% |
| Total equity and liabilities | 10/49 | €613,954 | €605,679 | -€8,275 | -1.3% |
| Equity | 10/15 | €310,842 | €331,327 | +€20,485 | +6.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €4,173 | €4,173 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,173 | €4,173 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,173 | €4,173 | = | 0.0% |
| Profit (loss) carried forward | 14 | €206,669 | €227,154 | +€20,485 | +9.9% |
| Amounts payable | 17/49 | €303,112 | €274,352 | -€28,760 | -9.5% |
| Amounts payable within one year | 42/48 | €303,112 | €274,232 | -€28,880 | -9.5% |
| Trade debts | 44 | €302,858 | €273,158 | -€29,700 | -9.8% |
| Suppliers | 440/4 | €302,858 | €273,158 | -€29,700 | -9.8% |
| Advances received on contracts in progress | 46 | €254 | €242 | -€12 | -4.6% |
| Taxes, remuneration and social security | 45 | - | €832 | +€832 | |
| Taxes | 450/3 | - | €832 | +€832 | |
| Accrued charges and deferred income | 492/3 | - | €120 | +€120 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,258 | €16,214 | -€3,044 | -15.8% |
| Other operating charges | 640/8 | €55 | €514 | +€459 | +835% |
| Gross operating margin | 9900 | €35,779 | €38,122 | +€2,343 | +6.5% |
| Operating profit (loss) | 9901 | €16,466 | €21,393 | +€4,927 | +29.9% |
| Financial income | 75/76B | €6,991 | €7,165 | +€173 | +2.5% |
| Recurring financial income | 75 | €6,991 | €7,165 | +€173 | +2.5% |
| Financial charges | 65/66B | €408 | €263 | -€146 | -35.7% |
| Recurring financial charges | 65 | €408 | €263 | -€146 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €23,049 | €28,295 | +€5,246 | +22.8% |
| Income taxes | 67/77 | €6,348 | €7,810 | +€1,463 | +23.0% |
| Profit (loss) for the period | 9904 | €16,702 | €20,485 | +€3,783 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,702 | €20,485 | +€3,783 | +22.7% |
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.