VALK & CO: 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.
VALK & CO
Largest movements
- Tangible fixed assets -€5,695
down €5,695 (-1.9%), from €292,270 to €286,575
of which Land and buildings: -€6,307
- Receivables within one year -€3,000
down €3,000 (-42.9%), from €7,000 to €4,000
- Accrued charges and deferred income -€15,000
no longer reported in 2025 (was €15,000)
- Other debts +€9,397
up €9,397 (+8.1%), from €115,935 to €125,331
- Reserves -€3,044
down €3,044 (-2.0%), from €149,754 to €146,710
- Financial income +€4,011
up €4,011 (+22.3%), from €18,000 to €22,011
- Depreciation +€866
up €866 (+6.8%), from €12,696 to €13,562
- Other operating charges -€507
down €507 (-39.1%), from €1,298 to €790
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 | €299,289 | €290,641 | -€8,648 | -2.9% |
| Fixed assets | 21/28 | €292,270 | €286,575 | -€5,695 | -1.9% |
| Tangible fixed assets | 22/27 | €292,270 | €286,575 | -€5,695 | -1.9% |
| Land and buildings | 22 | €218,628 | €212,322 | -€6,307 | -2.9% |
| Plant, machinery and equipment | 23 | €5,762 | €4,339 | -€1,423 | -24.7% |
| Furniture and vehicles | 24 | €67,879 | €69,914 | +€2,035 | +3.0% |
| Current assets | 29/58 | €7,019 | €4,066 | -€2,953 | -42.1% |
| Amounts receivable within one year | 40/41 | €7,000 | €4,000 | -€3,000 | -42.9% |
| Other amounts receivable | 41 | €7,000 | €4,000 | -€3,000 | -42.9% |
| Cash at bank and in hand | 54/58 | €19 | €66 | +€47 | +250.3% |
| Total equity and liabilities | 10/49 | €299,289 | €290,641 | -€8,648 | -2.9% |
| Equity | 10/15 | €168,354 | €165,310 | -€3,044 | -1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €149,754 | €146,710 | -€3,044 | -2.0% |
| Distributable reserves | 133 | €149,754 | €146,710 | -€3,044 | -2.0% |
| Amounts payable | 17/49 | €130,935 | €125,331 | -€5,603 | -4.3% |
| Amounts payable within one year | 42/48 | €115,935 | €125,331 | +€9,397 | +8.1% |
| Other amounts payable | 47/48 | €115,935 | €125,331 | +€9,397 | +8.1% |
| Accrued charges and deferred income | 492/3 | €15,000 | - | -€15,000 | |
| Non-recurring operating income | 76A | €4,423 | - | -€4,423 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,696 | €13,562 | +€866 | +6.8% |
| Other operating charges | 640/8 | €1,298 | €790 | -€507 | -39.1% |
| Gross operating margin | 9900 | -€10,659 | -€10,649 | +€9 | +0.1% |
| Operating profit (loss) | 9901 | -€24,652 | -€25,001 | -€349 | -1.4% |
| Financial income | 75/76B | €18,000 | €22,011 | +€4,011 | +22.3% |
| Recurring financial income | 75 | €18,000 | €22,011 | +€4,011 | +22.3% |
| Financial charges | 65/66B | €59 | €54 | -€5 | -7.7% |
| Recurring financial charges | 65 | €59 | €54 | -€5 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,711 | -€3,044 | +€3,666 | +54.6% |
| Profit (loss) for the period | 9904 | -€6,711 | -€3,044 | +€3,666 | +54.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,711 | -€3,044 | +€3,666 | +54.6% |
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 8 October 2026 via checked.be.