VALKENISSEHOEVE: 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.
VALKENISSEHOEVE
Largest movements
- Receivables within one year +€6,289
up €6,289 (+90.4%), from €6,957 to €13,246
of which Trade receivables: +€6,247
- Cash -€5,934
down €5,934 (-7.2%), from €82,139 to €76,205
mainly Receivables within one year (-€6,289) and Trade debts (-€168)
No liability line moved by more than 1% of the balance sheet total.
- Other operating charges -€551
down €551 (-37.1%), from €1,483 to €933
- Gross operating margin -€543
down €543 (-31.6%), from €1,721 to €1,178
- Financial income -€21
down €21 (-5.0%), from €409 to €388
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 | €298,992 | €299,374 | +€382 | +0.1% |
| Fixed assets | 21/28 | €209,371 | €209,371 | = | 0.0% |
| Tangible fixed assets | 22/27 | €209,371 | €209,371 | = | 0.0% |
| Other tangible fixed assets | 26 | €209,371 | €209,371 | = | 0.0% |
| Current assets | 29/58 | €89,621 | €90,003 | +€382 | +0.4% |
| Amounts receivable within one year | 40/41 | €6,957 | €13,246 | +€6,289 | +90.4% |
| Trade receivables | 40 | €6,762 | €13,009 | +€6,247 | +92.4% |
| Other amounts receivable | 41 | €195 | €238 | +€42 | +21.7% |
| Cash at bank and in hand | 54/58 | €82,139 | €76,205 | -€5,934 | -7.2% |
| Deferred charges and accrued income | 490/1 | €525 | €552 | +€27 | +5.2% |
| Total equity and liabilities | 10/49 | €298,992 | €299,374 | +€382 | +0.1% |
| Equity | 10/15 | €164,240 | €164,790 | +€550 | +0.3% |
| Contributions | 10/11 | €223,104 | €223,104 | = | 0.0% |
| Capital | 10 | €223,104 | €223,104 | = | 0.0% |
| Issued capital | 100 | €223,104 | €223,104 | = | 0.0% |
| Reserves | 13 | €54 | €54 | = | 0.0% |
| Non-distributable reserves | 130/1 | €54 | €54 | = | 0.0% |
| Legal reserve | 130 | €54 | €54 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,918 | -€58,367 | +€550 | +0.9% |
| Amounts payable | 17/49 | €134,752 | €134,584 | -€168 | -0.1% |
| Amounts payable within one year | 42/48 | €134,752 | €134,584 | -€168 | -0.1% |
| Trade debts | 44 | €413 | €244 | -€168 | -40.7% |
| Suppliers | 440/4 | €413 | €244 | -€168 | -40.7% |
| Other amounts payable | 47/48 | €134,340 | €134,340 | = | 0.0% |
| Other operating charges | 640/8 | €1,483 | €933 | -€551 | -37.1% |
| Gross operating margin | 9900 | €1,721 | €1,178 | -€543 | -31.6% |
| Operating profit (loss) | 9901 | €237 | €245 | +€8 | +3.2% |
| Financial income | 75/76B | €409 | €388 | -€21 | -5.0% |
| Recurring financial income | 75 | €409 | €388 | -€21 | -5.0% |
| Financial charges | 65/66B | €84 | €83 | -€1 | -0.6% |
| Recurring financial charges | 65 | €84 | €83 | -€1 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €563 | €550 | -€12 | -2.2% |
| Profit (loss) for the period | 9904 | €563 | €550 | -€12 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €563 | €550 | -€12 | -2.2% |
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 25 October 2026 via checked.be.