Valor Conseil: 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.
Valor Conseil
Largest movements
- Cash +€15,049
up €15,049 (+227.6%), from €6,612 to €21,660
mainly Net result for the year (+€8,328) and Tax, wage and social debts (+€2,953)
- Receivables within one year -€821
down €821 (-15.7%), from €5,221 to €4,400
- Reserves +€8,328
up €8,328 (+153.5%), from €5,425 to €13,754
- Tax, wage and social debts +€2,953
up €2,953 (+103.6%), from €2,850 to €5,803
- Other debts +€2,592
up €2,592 (+1296.2%), from €200 to €2,792
- Trade debts +€355
up €355 (+99.4%), from €357 to €712
- Gross operating margin +€3,057
up €3,057 (+36.1%), from €8,459 to €11,516
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 | €11,832 | €26,060 | +€14,228 | +120.2% |
| Current assets | 29/58 | €11,832 | €26,060 | +€14,228 | +120.2% |
| Amounts receivable within one year | 40/41 | €5,221 | €4,400 | -€821 | -15.7% |
| Trade receivables | 40 | €5,221 | €4,400 | -€821 | -15.7% |
| Cash at bank and in hand | 54/58 | €6,612 | €21,660 | +€15,049 | +227.6% |
| Total equity and liabilities | 10/49 | €11,832 | €26,060 | +€14,228 | +120.2% |
| Equity | 10/15 | €8,425 | €16,754 | +€8,328 | +98.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €5,425 | €13,754 | +€8,328 | +153.5% |
| Distributable reserves | 133 | €5,425 | €13,754 | +€8,328 | +153.5% |
| Amounts payable | 17/49 | €3,407 | €9,307 | +€5,900 | +173.1% |
| Amounts payable within one year | 42/48 | €3,407 | €9,307 | +€5,900 | +173.1% |
| Trade debts | 44 | €357 | €712 | +€355 | +99.4% |
| Suppliers | 440/4 | €357 | €712 | +€355 | +99.4% |
| Taxes, remuneration and social security | 45 | €2,850 | €5,803 | +€2,953 | +103.6% |
| Taxes | 450/3 | €2,850 | €5,803 | +€2,953 | +103.6% |
| Other amounts payable | 47/48 | €200 | €2,792 | +€2,592 | +1296.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €8,459 | €11,516 | +€3,057 | +36.1% |
| Operating profit (loss) | 9901 | €8,072 | €11,116 | +€3,044 | +37.7% |
| Financial charges | 65/66B | €115 | €156 | +€41 | +35.4% |
| Recurring financial charges | 65 | €115 | €156 | +€41 | +35.4% |
| Profit (loss) for the period before taxes | 9903 | €7,957 | €10,961 | +€3,004 | +37.8% |
| Income taxes | 67/77 | €2,532 | €2,632 | +€100 | +4.0% |
| Profit (loss) for the period | 9904 | €5,425 | €8,328 | +€2,903 | +53.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,425 | €8,328 | +€2,903 | +53.5% |
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 9 October 2026 via checked.be.