VALIO: 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.
VALIO
Largest movements
- Current investments +€30,000
new in 2025: €30,000
- Cash -€8,886
down €8,886 (-19.6%), from €45,406 to €36,520
mainly Current investments (-€30,000) and Contributions, distributions and other (-€20,000)
- Tangible fixed assets -€987
down €987 (-29.7%), from €3,326 to €2,340
- Other debts +€11,115
up €11,115 (+153.9%), from €7,221 to €18,337
- Trade debts +€7,183
up €7,183 (+214.5%), from €3,349 to €10,532
- Tax, wage and social debts +€2,679
up €2,679 (+178.6%), from €1,500 to €4,179
- Profit (loss) carried forward -€1,183
down €1,183 (-2.4%), from €49,209 to €48,026
- Gross operating margin -€1,882
down €1,882 (-5.8%), from €32,482 to €30,599
- Financial income +€508
new in 2025: €508
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 | €74,895 | €94,941 | +€20,046 | +26.8% |
| Fixed assets | 21/28 | €3,326 | €2,340 | -€987 | -29.7% |
| Tangible fixed assets | 22/27 | €3,326 | €2,340 | -€987 | -29.7% |
| Furniture and vehicles | 24 | €3,326 | €2,340 | -€987 | -29.7% |
| Current assets | 29/58 | €71,569 | €92,602 | +€21,033 | +29.4% |
| Amounts receivable within one year | 40/41 | €24,785 | €24,497 | -€288 | -1.2% |
| Trade receivables | 40 | €8,878 | €23,499 | +€14,621 | +164.7% |
| Other amounts receivable | 41 | €15,907 | €998 | -€14,909 | -93.7% |
| Current investments | 50/53 | - | €30,000 | +€30,000 | |
| Cash at bank and in hand | 54/58 | €45,406 | €36,520 | -€8,886 | -19.6% |
| Deferred charges and accrued income | 490/1 | €1,378 | €1,584 | +€207 | +15.0% |
| Total equity and liabilities | 10/49 | €74,895 | €94,941 | +€20,046 | +26.8% |
| Equity | 10/15 | €59,209 | €58,026 | -€1,183 | -2.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,209 | €48,026 | -€1,183 | -2.4% |
| Amounts payable | 17/49 | €15,686 | €36,915 | +€21,229 | +135.3% |
| Amounts payable within one year | 42/48 | €12,070 | €33,048 | +€20,978 | +173.8% |
| Trade debts | 44 | €3,349 | €10,532 | +€7,183 | +214.5% |
| Suppliers | 440/4 | €3,349 | €10,532 | +€7,183 | +214.5% |
| Taxes, remuneration and social security | 45 | €1,500 | €4,179 | +€2,679 | +178.6% |
| Taxes | 450/3 | €1,500 | €4,179 | +€2,679 | +178.6% |
| Other amounts payable | 47/48 | €7,221 | €18,337 | +€11,115 | +153.9% |
| Accrued charges and deferred income | 492/3 | €3,616 | €3,867 | +€251 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €987 | €987 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,194 | €1,247 | +€54 | +4.5% |
| Gross operating margin | 9900 | €32,482 | €30,599 | -€1,882 | -5.8% |
| Operating profit (loss) | 9901 | €30,301 | €28,365 | -€1,936 | -6.4% |
| Financial income | 75/76B | - | €508 | +€508 | |
| Recurring financial income | 75 | - | €508 | +€508 | |
| Financial charges | 65/66B | €1,135 | €890 | -€245 | -21.6% |
| Recurring financial charges | 65 | €1,135 | €890 | -€245 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €29,166 | €27,984 | -€1,182 | -4.1% |
| Income taxes | 67/77 | €9,355 | €9,167 | -€189 | -2.0% |
| Profit (loss) for the period | 9904 | €19,811 | €18,817 | -€993 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,811 | €18,817 | -€993 | -5.0% |
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 6 October 2026 via checked.be.