VALKE.NET media: 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.
VALKE.NET media
Largest movements
- Tangible fixed assets -€18,257
down €18,257 (-42.2%), from €43,286 to €25,030
of which Furniture and vehicles: -€11,740
- Cash -€11,456
down €11,456 (-19.2%), from €59,745 to €48,290
mainly Net result for the year (-€27,411) and Receivables within one year (-€7,010)
- Receivables within one year +€7,010
up €7,010 (+17.3%), from €40,436 to €47,446
of which Trade receivables: +€22,216
- Profit (loss) carried forward -€27,411
new in 2025: -€27,411
- Trade debts +€6,577
up €6,577 (+130%), from €5,048 to €11,624
- Other debts -€1,960
down €1,960 (-36.2%), from €5,419 to €3,459
- Gross operating margin -€53,427
down €53,427, from €45,649 to -€7,778
- Taxes -€5,166
down €5,166 (-91.8%), from €5,626 to €460
- Depreciation -€2,164
down €2,164 (-10.6%), from €20,420 to €18,257
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 | €145,148 | €122,522 | -€22,626 | -15.6% |
| Fixed assets | 21/28 | €44,136 | €25,880 | -€18,257 | -41.4% |
| Tangible fixed assets | 22/27 | €43,286 | €25,030 | -€18,257 | -42.2% |
| Plant, machinery and equipment | 23 | €31,415 | €24,898 | -€6,516 | -20.7% |
| Furniture and vehicles | 24 | €11,872 | €131 | -€11,740 | -98.9% |
| Financial fixed assets | 28 | €850 | €850 | = | 0.0% |
| Current assets | 29/58 | €101,012 | €96,642 | -€4,370 | -4.3% |
| Amounts receivable within one year | 40/41 | €40,436 | €47,446 | +€7,010 | +17.3% |
| Trade receivables | 40 | €20,137 | €42,353 | +€22,216 | +110% |
| Other amounts receivable | 41 | €20,299 | €5,092 | -€15,206 | -74.9% |
| Cash at bank and in hand | 54/58 | €59,745 | €48,290 | -€11,456 | -19.2% |
| Deferred charges and accrued income | 490/1 | €830 | €907 | +€76 | +9.2% |
| Total equity and liabilities | 10/49 | €145,148 | €122,522 | -€22,626 | -15.6% |
| Equity | 10/15 | €126,402 | €98,991 | -€27,411 | -21.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €107,802 | €107,802 | = | 0.0% |
| Distributable reserves | 133 | €107,802 | €107,802 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€27,411 | -€27,411 | |
| Amounts payable | 17/49 | €18,746 | €23,531 | +€4,784 | +25.5% |
| Amounts payable within one year | 42/48 | €18,746 | €23,531 | +€4,784 | +25.5% |
| Trade debts | 44 | €5,048 | €11,624 | +€6,577 | +130% |
| Suppliers | 440/4 | €5,048 | €11,624 | +€6,577 | +130% |
| Taxes, remuneration and social security | 45 | €8,280 | €8,448 | +€168 | +2.0% |
| Taxes | 450/3 | €8,280 | €8,439 | +€159 | +1.9% |
| Remuneration and social security | 454/9 | - | €9 | +€9 | |
| Other amounts payable | 47/48 | €5,419 | €3,459 | -€1,960 | -36.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,420 | €18,257 | -€2,164 | -10.6% |
| Other operating charges | 640/8 | €1,031 | €815 | -€216 | -20.9% |
| Gross operating margin | 9900 | €45,649 | -€7,778 | -€53,427 | |
| Operating profit (loss) | 9901 | €24,198 | -€26,850 | -€51,048 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.2% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.2% |
| Financial charges | 65/66B | €76 | €100 | +€24 | +31.6% |
| Recurring financial charges | 65 | €76 | €100 | +€24 | +31.6% |
| Profit (loss) for the period before taxes | 9903 | €24,122 | -€26,951 | -€51,073 | |
| Income taxes | 67/77 | €5,626 | €460 | -€5,166 | -91.8% |
| Profit (loss) for the period | 9904 | €18,496 | -€27,411 | -€45,907 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,496 | -€27,411 | -€45,907 |
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 31 October 2026 via checked.be.