VALLES MARINERIS: what changed
VALLES MARINERIS
Largest movements
- Cash +€29,425
up €29,425 (+58.7%), from €50,140 to €79,565
mainly Net result for the year (+€20,798) and Other debts (+€17,026)
- Receivables within one year -€7,403
down €7,403 (-55.4%), from €13,361 to €5,958
of which Other amounts receivable: -€7,544
- Current investments +€942
new in 2024: €942
- Profit (loss) carried forward +€18,965
up €18,965 (+99.5%), from €19,057 to €38,022
- Other debts +€17,026
up €17,026 (+2,128%), from €800 to €17,826
- Trade debts -€5,381
down €5,381 (-93.6%), from €5,750 to €370
- Reserves -€5,000
down €5,000 (-15.6%), from €32,100 to €27,100
- Tax, wage and social debts -€2,647
down €2,647 (-45.7%), from €5,794 to €3,147
- Gross operating margin +€7,241
up €7,241 (+36.0%), from €20,092 to €27,334
- Taxes +€2,024
up €2,024 (+47.7%), from €4,242 to €6,266
- Depreciation -€1,154
no longer reported in 2024 (was €1,154)
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,501 | €86,465 | +€22,963 | +36.2% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €63,501 | €86,465 | +€22,963 | +36.2% |
| Amounts receivable within one year | 40/41 | €13,361 | €5,958 | -€7,403 | -55.4% |
| Trade receivables | 40 | €5,817 | €5,958 | +€140 | +2.4% |
| Other amounts receivable | 41 | €7,544 | - | -€7,544 | |
| Current investments | 50/53 | - | €942 | +€942 | |
| Cash at bank and in hand | 54/58 | €50,140 | €79,565 | +€29,425 | +58.7% |
| Total equity and liabilities | 10/49 | €63,501 | €86,465 | +€22,963 | +36.2% |
| Equity | 10/15 | €51,157 | €65,122 | +€13,965 | +27.3% |
| Reserves | 13 | €32,100 | €27,100 | -€5,000 | -15.6% |
| Distributable reserves | 133 | €32,100 | €27,100 | -€5,000 | -15.6% |
| Profit (loss) carried forward | 14 | €19,057 | €38,022 | +€18,965 | +99.5% |
| Amounts payable | 17/49 | €12,344 | €21,342 | +€8,998 | +72.9% |
| Amounts payable within one year | 42/48 | €12,344 | €21,342 | +€8,998 | +72.9% |
| Trade debts | 44 | €5,750 | €370 | -€5,381 | -93.6% |
| Suppliers | 440/4 | €5,750 | €370 | -€5,381 | -93.6% |
| Taxes, remuneration and social security | 45 | €5,794 | €3,147 | -€2,647 | -45.7% |
| Taxes | 450/3 | €5,794 | €3,147 | -€2,647 | -45.7% |
| Other amounts payable | 47/48 | €800 | €17,826 | +€17,026 | +2,128% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,154 | - | -€1,154 | |
| Other operating charges | 640/8 | €69 | €198 | +€128 | +185% |
| Gross operating margin | 9900 | €20,092 | €27,334 | +€7,241 | +36.0% |
| Operating profit (loss) | 9901 | €18,869 | €27,136 | +€8,267 | +43.8% |
| Financial income | 75/76B | €35 | - | -€35 | |
| Recurring financial income | 75 | €35 | - | -€35 | |
| Financial charges | 65/66B | €106 | €72 | -€34 | -32.2% |
| Recurring financial charges | 65 | €106 | €72 | -€34 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €18,798 | €27,064 | +€8,266 | +44.0% |
| Income taxes | 67/77 | €4,242 | €6,266 | +€2,024 | +47.7% |
| Profit (loss) for the period | 9904 | €14,556 | €20,798 | +€6,243 | +42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,556 | €20,798 | +€6,243 | +42.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.