VALKYRIE: 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.
VALKYRIE
Largest movements
- Receivables within one year +€18,515
up €18,515 (+2362.8%), from €784 to €19,299
of which Trade receivables: +€18,542
- Cash -€3,060
down €3,060 (-13.4%), from €22,856 to €19,796
mainly Receivables within one year (-€18,515)
- Tax, wage and social debts +€5,971
up €5,971 (+68.9%), from €8,671 to €14,641
of which Remuneration and social security: +€6,950
- Other debts +€5,715
up €5,715 (+15.5%), from €36,761 to €42,476
- Profit (loss) carried forward +€2,156
up €2,156 (+9.0%), from -€24,035 to -€21,879
- Trade debts +€1,613
up €1,613 (+38.0%), from €4,243 to €5,856
- Gross operating margin -€2,982
down €2,982 (-38.3%), from €7,780 to €4,798
- Other operating charges +€2,048
new in 2024: €2,048
- Financial charges +€246
up €246 (+70.8%), from €348 to €594
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,640 | €43,094 | +€15,454 | +55.9% |
| Fixed assets | 21/28 | €4,000 | €4,000 | = | 0.0% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €23,640 | €39,094 | +€15,454 | +65.4% |
| Amounts receivable within one year | 40/41 | €784 | €19,299 | +€18,515 | +2362.8% |
| Trade receivables | 40 | €757 | €19,299 | +€18,542 | +2450.0% |
| Other amounts receivable | 41 | €27 | - | -€27 | |
| Cash at bank and in hand | 54/58 | €22,856 | €19,796 | -€3,060 | -13.4% |
| Total equity and liabilities | 10/49 | €27,640 | €43,094 | +€15,454 | +55.9% |
| Equity | 10/15 | -€22,035 | -€19,879 | +€2,156 | +9.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,035 | -€21,879 | +€2,156 | +9.0% |
| Amounts payable | 17/49 | €49,674 | €62,973 | +€13,299 | +26.8% |
| Amounts payable within one year | 42/48 | €49,674 | €62,973 | +€13,299 | +26.8% |
| Trade debts | 44 | €4,243 | €5,856 | +€1,613 | +38.0% |
| Suppliers | 440/4 | €4,243 | €5,856 | +€1,613 | +38.0% |
| Taxes, remuneration and social security | 45 | €8,671 | €14,641 | +€5,971 | +68.9% |
| Taxes | 450/3 | €8,671 | €7,691 | -€980 | -11.3% |
| Remuneration and social security | 454/9 | - | €6,950 | +€6,950 | |
| Other amounts payable | 47/48 | €36,761 | €42,476 | +€5,715 | +15.5% |
| Other operating charges | 640/8 | - | €2,048 | +€2,048 | |
| Gross operating margin | 9900 | €7,780 | €4,798 | -€2,982 | -38.3% |
| Operating profit (loss) | 9901 | €7,780 | €2,750 | -€5,030 | -64.7% |
| Financial charges | 65/66B | €348 | €594 | +€246 | +70.8% |
| Recurring financial charges | 65 | €348 | €594 | +€246 | +70.8% |
| Profit (loss) for the period before taxes | 9903 | €7,432 | €2,156 | -€5,276 | -71.0% |
| Profit (loss) for the period | 9904 | €7,432 | €2,156 | -€5,276 | -71.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,432 | €2,156 | -€5,276 | -71.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.