VALPROMIC: 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.
VALPROMIC
Largest movements
- Tangible fixed assets -€2,995
down €2,995 (-22.2%), from €13,461 to €10,466
- Cash -€788
down €788 (-20.6%), from €3,818 to €3,030
mainly Net result for the year (-€15,132) and Trade debts (-€1,452)
- Profit (loss) carried forward -€15,132
down €15,132 (-2.3%), from -€656,784 to -€671,916
- Other debts +€12,801
up €12,801 (+3.0%), from €422,610 to €435,412
- Trade debts -€1,452
no longer reported in 2025 (was €1,452)
- Gross operating margin +€1,497
up €1,497, from -€585 to €912
- Other operating charges -€662
down €662 (-87.8%), from €754 to €92
- Financial charges +€121
up €121 (+0.9%), from €12,836 to €12,958
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 | €17,279 | €13,496 | -€3,783 | -21.9% |
| Fixed assets | 21/28 | €13,461 | €10,466 | -€2,995 | -22.2% |
| Tangible fixed assets | 22/27 | €13,461 | €10,466 | -€2,995 | -22.2% |
| Plant, machinery and equipment | 23 | €13,461 | €10,466 | -€2,995 | -22.2% |
| Current assets | 29/58 | €3,818 | €3,030 | -€788 | -20.6% |
| Cash at bank and in hand | 54/58 | €3,818 | €3,030 | -€788 | -20.6% |
| Total equity and liabilities | 10/49 | €17,279 | €13,496 | -€3,783 | -21.9% |
| Equity | 10/15 | -€406,784 | -€421,916 | -€15,132 | -3.7% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€656,784 | -€671,916 | -€15,132 | -2.3% |
| Amounts payable | 17/49 | €424,062 | €435,412 | +€11,349 | +2.7% |
| Amounts payable within one year | 42/48 | €424,062 | €435,412 | +€11,349 | +2.7% |
| Trade debts | 44 | €1,452 | - | -€1,452 | |
| Suppliers | 440/4 | €1,452 | - | -€1,452 | |
| Other amounts payable | 47/48 | €422,610 | €435,412 | +€12,801 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,995 | €2,995 | = | 0.0% |
| Other operating charges | 640/8 | €754 | €92 | -€662 | -87.8% |
| Gross operating margin | 9900 | -€585 | €912 | +€1,497 | |
| Operating profit (loss) | 9901 | -€4,334 | -€2,174 | +€2,159 | +49.8% |
| Financial charges | 65/66B | €12,836 | €12,958 | +€121 | +0.9% |
| Recurring financial charges | 65 | €12,836 | €12,958 | +€121 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | -€17,170 | -€15,132 | +€2,038 | +11.9% |
| Profit (loss) for the period | 9904 | -€17,170 | -€15,132 | +€2,038 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,170 | -€15,132 | +€2,038 | +11.9% |
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 14 October 2026 via checked.be.