VALLUM LEOPOLDI: 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.
VALLUM LEOPOLDI
Largest movements
- Deferred charges and accrued income -€875
no longer reported in 2025 (was €875)
- Cash +€408
up €408 (+8.6%), from €4,730 to €5,138
mainly Deferred charges and accrued income (+€875)
- Profit (loss) carried forward -€467
down €467 (-3.6%), from -€12,837 to -€13,304
- Gross operating margin +€9,387
up €9,387, from -€9,343 to €44
- Other operating charges -€509
down €509 (-52.2%), from €976 to €467
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 | €24,114 | €23,647 | -€467 | -1.9% |
| Fixed assets | 21/28 | €18,500 | €18,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €18,500 | €18,500 | = | 0.0% |
| Land and buildings | 22 | €18,500 | €18,500 | = | 0.0% |
| Current assets | 29/58 | €5,614 | €5,147 | -€467 | -8.3% |
| Amounts receivable within one year | 40/41 | €9 | €9 | = | 0.0% |
| Other amounts receivable | 41 | €9 | €9 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,730 | €5,138 | +€408 | +8.6% |
| Deferred charges and accrued income | 490/1 | €875 | - | -€875 | |
| Total equity and liabilities | 10/49 | €24,114 | €23,647 | -€467 | -1.9% |
| Equity | 10/15 | €17,163 | €16,696 | -€467 | -2.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,837 | -€13,304 | -€467 | -3.6% |
| Amounts payable | 17/49 | €6,951 | €6,951 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,951 | €6,951 | = | 0.0% |
| Other amounts payable | 47/48 | €6,951 | €6,951 | = | 0.0% |
| Other operating charges | 640/8 | €976 | €467 | -€509 | -52.2% |
| Non-recurring operating charges | 66A | €2,460 | - | -€2,460 | |
| Gross operating margin | 9900 | -€9,343 | €44 | +€9,387 | |
| Operating profit (loss) | 9901 | -€12,779 | -€422 | +€12,356 | +96.7% |
| Financial charges | 65/66B | €58 | €45 | -€13 | -22.5% |
| Recurring financial charges | 65 | €58 | €45 | -€13 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,837 | -€467 | +€12,370 | +96.4% |
| Profit (loss) for the period | 9904 | -€12,837 | -€467 | +€12,370 | +96.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,837 | -€467 | +€12,370 | +96.4% |
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 17 October 2026 via checked.be.