ValiVia Consult: 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.
ValiVia Consult
Largest movements
- Cash -€22,902
down €22,902 (-39.6%), from €57,796 to €34,894
mainly Debts after one year (-€47,730) and Investment in fixed assets (net) (-€22,778)
- Financial fixed assets +€22,778
up €22,778 (+16.1%), from €141,666 to €164,444
- Receivables within one year -€14,984
down €14,984 (-93.9%), from €15,956 to €972
of which Trade receivables: -€13,363
- Tangible fixed assets -€8,509
down €8,509 (-79.9%), from €10,644 to €2,135
- Debts after one year -€47,730
down €47,730 (-29.5%), from €162,044 to €114,315
of which Financial debts: -€30,605
- Provisions +€29,398
new in 2025: €29,398
- Tax, wage and social debts -€3,564
down €3,564 (-80.7%), from €4,416 to €852
- Provisions +€29,398
new in 2025: €29,398
- Gross operating margin +€12,290
up €12,290 (+19.2%), from €64,092 to €76,382
- Taxes +€4,564
up €4,564 (+33.5%), from €13,614 to €18,178
- Financial income +€3,241
up €3,241 (+121.5%), from €2,668 to €5,909
- Depreciation -€2,899
down €2,899 (-25.4%), from €11,408 to €8,509
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 | €227,293 | €203,709 | -€23,583 | -10.4% |
| Fixed assets | 21/28 | €152,309 | €166,579 | +€14,269 | +9.4% |
| Tangible fixed assets | 22/27 | €10,644 | €2,135 | -€8,509 | -79.9% |
| Furniture and vehicles | 24 | €10,644 | €2,135 | -€8,509 | -79.9% |
| Financial fixed assets | 28 | €141,666 | €164,444 | +€22,778 | +16.1% |
| Current assets | 29/58 | €74,983 | €37,131 | -€37,852 | -50.5% |
| Amounts receivable within one year | 40/41 | €15,956 | €972 | -€14,984 | -93.9% |
| Trade receivables | 40 | €13,363 | - | -€13,363 | |
| Other amounts receivable | 41 | €2,593 | €972 | -€1,621 | -62.5% |
| Cash at bank and in hand | 54/58 | €57,796 | €34,894 | -€22,902 | -39.6% |
| Deferred charges and accrued income | 490/1 | €1,232 | €1,265 | +€33 | +2.7% |
| Total equity and liabilities | 10/49 | €227,293 | €203,709 | -€23,583 | -10.4% |
| Equity | 10/15 | €25,236 | €25,005 | -€230 | -0.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,236 | €20,005 | -€230 | -1.1% |
| Distributable reserves | 133 | €20,236 | €20,005 | -€230 | -1.1% |
| Provisions and deferred taxes | 16 | - | €29,398 | +€29,398 | |
| Provisions for liabilities and charges | 160/5 | - | €29,398 | +€29,398 | |
| Other liabilities and charges | 164/5 | - | €29,398 | +€29,398 | |
| Amounts payable | 17/49 | €202,057 | €149,306 | -€52,751 | -26.1% |
| Amounts payable after more than one year | 17 | €162,044 | €114,315 | -€47,730 | -29.5% |
| Financial debts | 170/4 | €94,919 | €64,315 | -€30,605 | -32.2% |
| Other amounts payable | 178/9 | €67,125 | €50,000 | -€17,125 | -25.5% |
| Amounts payable within one year | 42/48 | €40,013 | €34,991 | -€5,022 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €31,191 | €30,605 | -€587 | -1.9% |
| Trade debts | 44 | €1,029 | €1,018 | -€11 | -1.0% |
| Suppliers | 440/4 | €1,029 | €1,018 | -€11 | -1.0% |
| Taxes, remuneration and social security | 45 | €4,416 | €852 | -€3,564 | -80.7% |
| Taxes | 450/3 | €4,416 | €852 | -€3,564 | -80.7% |
| Other amounts payable | 47/48 | €3,377 | €2,516 | -€861 | -25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,408 | €8,509 | -€2,899 | -25.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €29,398 | +€29,398 | |
| Other operating charges | 640/8 | €989 | €1,008 | +€18 | +1.9% |
| Gross operating margin | 9900 | €64,092 | €76,382 | +€12,290 | +19.2% |
| Operating profit (loss) | 9901 | €51,694 | €37,467 | -€14,227 | -27.5% |
| Financial income | 75/76B | €2,668 | €5,909 | +€3,241 | +121.5% |
| Recurring financial income | 75 | €2,668 | €5,909 | +€3,241 | +121.5% |
| Financial charges | 65/66B | €3,703 | €4,096 | +€393 | +10.6% |
| Recurring financial charges | 65 | €3,703 | €4,096 | +€393 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €50,658 | €39,280 | -€11,378 | -22.5% |
| Income taxes | 67/77 | €13,614 | €18,178 | +€4,564 | +33.5% |
| Profit (loss) for the period | 9904 | €37,044 | €21,102 | -€15,942 | -43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,044 | €21,102 | -€15,942 | -43.0% |
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 1 October 2026 via checked.be.