VALLEVERDE: 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.
VALLEVERDE
Largest movements
- Cash -€570,136
down €570,136 (-74.6%), from €764,503 to €194,367
mainly Trade debts (-€614,545) and Debts after one year (-€484,587)
- Receivables within one year +€419,159
up €419,159 (+142%), from €294,911 to €714,070
of which Other amounts receivable: +€338,247
- Intangible fixed assets -€162,623
down €162,623 (-16.4%), from €988,733 to €826,110
- Tangible fixed assets -€123,197
down €123,197 (-8.5%), from €1.5m to €1.3m
of which Plant, machinery and equipment: -€107,988
- Stocks and contracts +€97,276
up €97,276 (+12.5%), from €777,038 to €874,315
- Other debts +€678,617
up €678,617 (+278%), from €244,368 to €922,985
- Trade debts -€614,545
down €614,545 (-29.8%), from €2.1m to €1.5m
- Debts after one year -€484,587
down €484,587 (-24.6%), from €2.0m to €1.5m
- Advances received +€97,592
new in 2024: €97,592
- Staff costs +€150,695
up €150,695 (+22.2%), from €679,072 to €829,767
- Gross operating margin +€134,017
up €134,017 (+11.9%), from €1.1m to €1.3m
- Financial income +€21,964
up €21,964 (+3,265%), from €673 to €22,636
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.
Derived cash bridge
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 | €5,760,803 | €5,451,649 | -€309,155 | -5.4% |
| Fixed assets | 21/28 | €3,733,553 | €3,447,733 | -€285,819 | -7.7% |
| Intangible fixed assets | 21 | €988,733 | €826,110 | -€162,623 | -16.4% |
| Tangible fixed assets | 22/27 | €1,451,188 | €1,327,991 | -€123,197 | -8.5% |
| Plant, machinery and equipment | 23 | €1,193,313 | €1,085,326 | -€107,988 | -9.0% |
| Furniture and vehicles | 24 | €10,985 | €8,070 | -€2,915 | -26.5% |
| Leasing and similar rights | 25 | €9,120 | €6,080 | -€3,040 | -33.3% |
| Other tangible fixed assets | 26 | €237,769 | €228,515 | -€9,254 | -3.9% |
| Financial fixed assets | 28 | €1,293,632 | €1,293,632 | = | 0.0% |
| Current assets | 29/58 | €2,027,251 | €2,003,915 | -€23,335 | -1.2% |
| Stocks and contracts in progress | 3 | €777,038 | €874,315 | +€97,276 | +12.5% |
| Stocks | 30/36 | €777,038 | €874,315 | +€97,276 | +12.5% |
| Amounts receivable within one year | 40/41 | €294,911 | €714,070 | +€419,159 | +142% |
| Trade receivables | 40 | €225,686 | €306,598 | +€80,912 | +35.9% |
| Other amounts receivable | 41 | €69,225 | €407,472 | +€338,247 | +489% |
| Cash at bank and in hand | 54/58 | €764,503 | €194,367 | -€570,136 | -74.6% |
| Deferred charges and accrued income | 490/1 | €190,798 | €221,164 | +€30,365 | +15.9% |
| Total equity and liabilities | 10/49 | €5,760,803 | €5,451,649 | -€309,155 | -5.4% |
| Equity | 10/15 | €784,060 | €786,603 | +€2,543 | +0.3% |
| Contributions | 10/11 | €430,000 | €430,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €354,060 | €356,603 | +€2,543 | +0.7% |
| Amounts payable | 17/49 | €4,976,743 | €4,665,045 | -€311,698 | -6.3% |
| Amounts payable after more than one year | 17 | €1,968,593 | €1,484,006 | -€484,587 | -24.6% |
| Financial debts | 170/4 | €1,968,593 | €1,484,006 | -€484,587 | -24.6% |
| Amounts payable within one year | 42/48 | €2,945,100 | €3,122,445 | +€177,346 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €538,818 | €563,606 | +€24,788 | +4.6% |
| Trade debts | 44 | €2,065,693 | €1,451,148 | -€614,545 | -29.8% |
| Suppliers | 440/4 | €2,065,693 | €1,451,148 | -€614,545 | -29.8% |
| Advances received on contracts in progress | 46 | - | €97,592 | +€97,592 | |
| Taxes, remuneration and social security | 45 | €96,221 | €87,115 | -€9,106 | -9.5% |
| Taxes | 450/3 | €5,120 | €7,934 | +€2,815 | +55.0% |
| Remuneration and social security | 454/9 | €91,101 | €79,181 | -€11,921 | -13.1% |
| Other amounts payable | 47/48 | €244,368 | €922,985 | +€678,617 | +278% |
| Accrued charges and deferred income | 492/3 | €63,050 | €58,594 | -€4,456 | -7.1% |
| Remuneration, social security and pensions | 62 | €679,072 | €829,767 | +€150,695 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €359,552 | €367,062 | +€7,511 | +2.1% |
| Other operating charges | 640/8 | €1,032 | €2,592 | +€1,560 | +151% |
| Gross operating margin | 9900 | €1,126,581 | €1,260,598 | +€134,017 | +11.9% |
| Operating profit (loss) | 9901 | €86,925 | €61,176 | -€25,749 | -29.6% |
| Financial income | 75/76B | €673 | €22,636 | +€21,964 | +3,265% |
| Recurring financial income | 75 | €673 | €22,636 | +€21,964 | +3,265% |
| Financial charges | 65/66B | €76,212 | €81,269 | +€5,057 | +6.6% |
| Recurring financial charges | 65 | €76,212 | €81,269 | +€5,057 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €11,386 | €2,543 | -€8,843 | -77.7% |
| Income taxes | 67/77 | €4,273 | - | -€4,273 | |
| Profit (loss) for the period | 9904 | €7,113 | €2,543 | -€4,570 | -64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,113 | €2,543 | -€4,570 | -64.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.