Vallngc-projects: what changed
Two fiscal 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.
Vallngc-projects
Largest movements
- Stocks and contracts +€155,993
up €155,993 (+37.7%), from €413,373 to €569,366
- Cash -€33,351
no longer reported in 2025 (was €33,351)
mainly Stocks and contracts (-€155,993) and Other debts (-€114,013)
- Receivables within one year -€28,574
down €28,574 (-72.5%), from €39,392 to €10,819
of which Trade receivables: -€34,772
- Deferred charges and accrued income +€21,580
new in 2025: €21,580
- Debts after one year +€277,000
new in 2025: €277,000
- Other debts -€114,013
down €114,013 (-54.8%), from €207,929 to €93,917
- Accrued charges and deferred income -€29,517
no longer reported in 2025 (was €29,517)
- Profit (loss) carried forward -€18,905
down €18,905, from €8,670 to -€10,235
- Gross operating margin +€23,853
up €23,853 (+95.1%), from -€25,085 to -€1,231
- Taxes +€5,849
new in 2025: €5,849
- Financial charges +€935
up €935 (+9.5%), from €9,858 to €10,794
- Other operating charges -€878
down €878 (-46.0%), from €1,910 to €1,031
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.
Cash bridge derived
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 | €486,116 | €601,765 | +€115,649 | +23.8% |
| Current assets | 29/58 | €486,116 | €601,765 | +€115,649 | +23.8% |
| Stocks and contracts in progress | 3 | €413,373 | €569,366 | +€155,993 | +37.7% |
| Stocks | 30/36 | €413,373 | €569,366 | +€155,993 | +37.7% |
| Amounts receivable within one year | 40/41 | €39,392 | €10,819 | -€28,574 | -72.5% |
| Trade receivables | 40 | €34,772 | - | -€34,772 | |
| Other amounts receivable | 41 | €4,620 | €10,819 | +€6,199 | +134.2% |
| Cash at bank and in hand | 54/58 | €33,351 | - | -€33,351 | |
| Deferred charges and accrued income | 490/1 | - | €21,580 | +€21,580 | |
| Total equity and liabilities | 10/49 | €486,116 | €601,765 | +€115,649 | +23.8% |
| Equity | 10/15 | €248,670 | €229,765 | -€18,905 | -7.6% |
| Contributions | 10/11 | €240,000 | €240,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,670 | -€10,235 | -€18,905 | |
| Amounts payable | 17/49 | €237,446 | €372,001 | +€134,554 | +56.7% |
| Amounts payable after more than one year | 17 | - | €277,000 | +€277,000 | |
| Financial debts | 170/4 | - | €277,000 | +€277,000 | |
| Amounts payable within one year | 42/48 | €207,929 | €95,001 | -€112,929 | -54.3% |
| Trade debts | 44 | - | €1,084 | +€1,084 | |
| Suppliers | 440/4 | - | €1,084 | +€1,084 | |
| Other amounts payable | 47/48 | €207,929 | €93,917 | -€114,013 | -54.8% |
| Accrued charges and deferred income | 492/3 | €29,517 | - | -€29,517 | |
| Other operating charges | 640/8 | €1,910 | €1,031 | -€878 | -46.0% |
| Gross operating margin | 9900 | -€25,085 | -€1,231 | +€23,853 | +95.1% |
| Operating profit (loss) | 9901 | -€26,994 | -€2,263 | +€24,732 | +91.6% |
| Financial charges | 65/66B | €9,858 | €10,794 | +€935 | +9.5% |
| Recurring financial charges | 65 | €9,858 | €10,794 | +€935 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | -€36,853 | -€13,056 | +€23,796 | +64.6% |
| Income taxes | 67/77 | - | €5,849 | +€5,849 | |
| Profit (loss) for the period | 9904 | -€36,853 | -€18,905 | +€17,947 | +48.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,853 | -€18,905 | +€17,947 | +48.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.