VALPARAISO: 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.
VALPARAISO
Largest movements
- Current assets -€3,408
down €3,408 (-14.2%), from €24,064 to €20,655
of which Receivables within one year: -€5,022
- Tangible fixed assets -€2,451
down €2,451 (-17.4%), from €14,126 to €11,675
- Intangible fixed assets -€1,000
down €1,000 (-33.3%), from €3,000 to €2,000
- Debts within one year -€9,944
down €9,944 (-5.7%), from €173,142 to €163,198
- Equity +€3,085
up €3,085 (+2.3%), from -€131,952 to -€128,868
of which Contributions: +€15,000
- Gross operating margin +€5,540
up €5,540 (+150%), from €3,685 to €9,225
- Other operating charges +€609
new in 2022: €609
- Depreciation +€508
up €508 (+10.9%), from €4,660 to €5,168
- Financial charges +€479
new in 2022: €479
- Financial income +€115
new in 2022: €115
From the 2021 result to the 2022 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,190 | €34,330 | -€6,860 | -16.7% |
| Fixed assets | 21/28 | €17,126 | €13,675 | -€3,451 | -20.2% |
| Intangible fixed assets | 21 | €3,000 | €2,000 | -€1,000 | -33.3% |
| Tangible fixed assets | 22/27 | €14,126 | €11,675 | -€2,451 | -17.4% |
| Furniture and vehicles | 24 | - | €5,498 | +€5,498 | |
| Other tangible fixed assets | 26 | - | €6,176 | +€6,176 | |
| Current assets | 29/58 | €24,064 | €20,655 | -€3,408 | -14.2% |
| Stocks and contracts in progress | 3 | €8,736 | €14,931 | +€6,195 | +70.9% |
| Stocks | 30/36 | - | €14,931 | +€14,931 | |
| Amounts receivable within one year | 40/41 | €8,598 | €3,577 | -€5,022 | -58.4% |
| Trade receivables | 40 | - | €3,577 | +€3,577 | |
| Cash at bank and in hand | 54/58 | €6,261 | €1,628 | -€4,633 | -74.0% |
| Deferred charges and accrued income | 490/1 | - | €520 | +€520 | |
| Total equity and liabilities | 10/49 | €41,190 | €34,330 | -€6,860 | -16.7% |
| Equity | 10/15 | -€131,952 | -€128,868 | +€3,085 | +2.3% |
| Contributions | 10/11 | - | €15,000 | +€15,000 | |
| Profit (loss) carried forward | 14 | -€146,952 | -€143,868 | +€3,085 | +2.1% |
| Amounts payable | 17/49 | €173,142 | €163,198 | -€9,944 | -5.7% |
| Amounts payable within one year | 42/48 | €173,142 | €163,198 | -€9,944 | -5.7% |
| Financial debts | 43 | - | €168 | +€168 | |
| Other loans | 439 | - | €168 | +€168 | |
| Trade debts | 44 | €60,339 | €66,068 | +€5,729 | +9.5% |
| Suppliers | 440/4 | - | €66,068 | +€66,068 | |
| Taxes, remuneration and social security | 45 | - | €406 | +€406 | |
| Taxes | 450/3 | - | €406 | +€406 | |
| Other amounts payable | 47/48 | - | €96,556 | +€96,556 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,660 | €5,168 | +€508 | +10.9% |
| Other operating charges | 640/8 | - | €609 | +€609 | |
| Gross operating margin | 9900 | €3,685 | €9,225 | +€5,540 | +150% |
| Operating profit (loss) | 9901 | -€1,323 | €3,448 | +€4,770 | |
| Financial income | 75/76B | - | €115 | +€115 | |
| Recurring financial income | 75 | €101 | €115 | +€14 | +13.9% |
| Financial charges | 65/66B | - | €479 | +€479 | |
| Recurring financial charges | 65 | €463 | €479 | +€16 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,684 | €3,085 | +€4,769 | |
| Profit (loss) for the period | 9904 | -€1,684 | €3,085 | +€4,769 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,684 | €3,085 | +€4,769 |
Source: filed annual accounts (NBB), financial years ended 30 June 2021 and 30 June 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.