Valmet Belgium: what changed
What changed
Valmet Belgium
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
-€322,531
2024 · €108,264-€430,794
Equity
-€869,059
2024 · -€546,528-€322,531
Cash
€199,242
2024 · €497,695-€298,453
Balance sheet total
€723,650
2024 · €932,032-€208,382
Largest movements
Assets
- Cash -€298,453
down €298,453 (-60.0%), from €497,695 to €199,242
mainly Net result for the year (-€322,531) and Receivables within one year (-€100,649)
- Receivables within one year +€100,649
up €100,649 (+24.2%), from €415,267 to €515,916
of which Trade receivables: +€81,023
Equity and liabilities
- Profit (loss) carried forward -€322,531
down €322,531 (-33.7%), from -€956,655 to -€1.3m
- Tax, wage and social debts +€117,864
up €117,864 (+104%), from €112,830 to €230,694
of which Remuneration and social security: +€140,660
Income statement
- Gross operating margin -€327,226
down €327,226 (-40.9%), from €799,768 to €472,543
- Staff costs +€172,700
up €172,700 (+27.0%), from €638,997 to €811,697
- Financial income +€57,283
up €57,283 (+38,371%), from €149 to €57,433
- Financial charges -€9,267
down €9,267 (-19.7%), from €46,961 to €37,695
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€108,264
Gross operating margin
-€327,226
Staff costs
-€172,700
Write-downs
+€0
Other operating charges
+€1,712
Financial income
+€57,283
Financial charges
+€9,267
Taxes
+€869
Result 2025
-€322,531
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€299,522
Investment
+€1,414
Financing
-€345
Cash 2024
€497,695
From operations (derived)
-€299,522
Net result for the year
-€322,531
Receivables within one year
-€100,649
Deferred charges and accrued income
+€9,164
Trade debts
+€3,182
Tax, wage and social debts
+€117,864
Accrued charges and deferred income
-€6,552
Investment (derived)
+€1,414
Investment in fixed assets (net)
+€1,414
Financing
-€345
Short-term financial debts
-€345
Cash 2025
€199,242
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €932,032 | €723,650 | -€208,382 | -22.4% |
| Fixed assets | 21/28 | €9,906 | €8,492 | -€1,414 | -14.3% |
| Tangible fixed assets | 22/27 | €3,533 | €845 | -€2,688 | -76.1% |
| Plant, machinery and equipment | 23 | €3,533 | €845 | -€2,688 | -76.1% |
| Financial fixed assets | 28 | €6,374 | €7,647 | +€1,274 | +20.0% |
| Current assets | 29/58 | €922,126 | €715,158 | -€206,968 | -22.4% |
| Amounts receivable within one year | 40/41 | €415,267 | €515,916 | +€100,649 | +24.2% |
| Trade receivables | 40 | €413,825 | €494,848 | +€81,023 | +19.6% |
| Other amounts receivable | 41 | €1,442 | €21,068 | +€19,626 | +1,361% |
| Cash at bank and in hand | 54/58 | €497,695 | €199,242 | -€298,453 | -60.0% |
| Deferred charges and accrued income | 490/1 | €9,164 | €0 | -€9,164 | -100% |
| Total equity and liabilities | 10/49 | €932,032 | €723,650 | -€208,382 | -22.4% |
| Equity | 10/15 | -€546,528 | -€869,059 | -€322,531 | -59.0% |
| Contributions | 10/11 | €375,440 | €375,440 | = | 0.0% |
| Reserves | 13 | €34,687 | €34,687 | = | 0.0% |
| Non-distributable reserves | 130/1 | €34,687 | €34,687 | = | 0.0% |
| Reserves not available under the articles | 1311 | €34,687 | €34,687 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€956,655 | -€1,279,186 | -€322,531 | -33.7% |
| Amounts payable | 17/49 | €1,478,561 | €1,592,709 | +€114,149 | +7.7% |
| Amounts payable within one year | 42/48 | €1,472,008 | €1,592,709 | +€120,701 | +8.2% |
| Financial debts | 43 | €858,762 | €858,417 | -€345 | 0.0% |
| Credit institutions | 430/8 | €858,762 | €0 | -€858,762 | -100% |
| Other loans | 439 | - | €858,417 | +€858,417 | |
| Trade debts | 44 | €500,416 | €503,598 | +€3,182 | +0.6% |
| Suppliers | 440/4 | €500,075 | €503,598 | +€3,523 | +0.7% |
| Bills of exchange payable | 441 | €341 | €0 | -€341 | -100% |
| Taxes, remuneration and social security | 45 | €112,830 | €230,694 | +€117,864 | +104% |
| Taxes | 450/3 | €23,655 | €858 | -€22,797 | -96.4% |
| Remuneration and social security | 454/9 | €89,176 | €229,836 | +€140,660 | +158% |
| Accrued charges and deferred income | 492/3 | €6,552 | €0 | -€6,552 | -100% |
| Remuneration, social security and pensions | 62 | €638,997 | €811,697 | +€172,700 | +27.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,688 | €2,688 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,124 | €413 | -€1,712 | -80.6% |
| Gross operating margin | 9900 | €799,768 | €472,543 | -€327,226 | -40.9% |
| Operating profit (loss) | 9901 | €155,959 | -€342,255 | -€498,213 | |
| Financial income | 75/76B | €149 | €57,433 | +€57,283 | +38,371% |
| Recurring financial income | 75 | €149 | €57,433 | +€57,283 | +38,371% |
| Financial charges | 65/66B | €46,961 | €37,695 | -€9,267 | -19.7% |
| Recurring financial charges | 65 | €46,961 | €37,695 | -€9,267 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €109,147 | -€322,517 | -€431,664 | |
| Income taxes | 67/77 | €883 | €14 | -€869 | -98.4% |
| Profit (loss) for the period | 9904 | €108,264 | -€322,531 | -€430,794 | |
| Profit (loss) for the period to be appropriated | 9905 | €108,264 | -€322,531 | -€430,794 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.