VALTIUS: what changed
Two fiscal 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.
VALTIUS
Largest movements
- Cash +€53,183
up €53,183 (+169.5%), from €31,370 to €84,553
mainly Net result for the year (+€70,817) and Other debts (+€20,248)
- Receivables within one year -€14,104
down €14,104 (-50.2%), from €28,088 to €13,984
of which Trade receivables: -€11,866
- Tangible fixed assets -€8,176
down €8,176 (-21.6%), from €37,819 to €29,643
- Current investments +€5,000
up €5,000 (+4.5%), from €110,000 to €115,000
- Profit (loss) carried forward +€20,817
up €20,817 (+13.7%), from €152,413 to €173,229
- Other debts +€20,248
up €20,248 (+67.5%), from €30,000 to €50,248
- Tax, wage and social debts -€5,095
down €5,095 (-75.2%), from €6,777 to €1,681
- Gross operating margin +€47,451
up €47,451 (+92.5%), from €51,305 to €98,756
- Taxes +€10,467
up €10,467 (+121.7%), from €8,598 to €19,066
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 | €213,393 | €247,388 | +€33,995 | +15.9% |
| Fixed assets | 21/28 | €37,819 | €29,643 | -€8,176 | -21.6% |
| Tangible fixed assets | 22/27 | €37,819 | €29,643 | -€8,176 | -21.6% |
| Furniture and vehicles | 24 | €37,819 | €29,643 | -€8,176 | -21.6% |
| Current assets | 29/58 | €175,574 | €217,745 | +€42,171 | +24.0% |
| Amounts receivable within one year | 40/41 | €28,088 | €13,984 | -€14,104 | -50.2% |
| Trade receivables | 40 | €25,831 | €13,965 | -€11,866 | -45.9% |
| Other amounts receivable | 41 | €2,256 | €19 | -€2,238 | -99.2% |
| Current investments | 50/53 | €110,000 | €115,000 | +€5,000 | +4.5% |
| Cash at bank and in hand | 54/58 | €31,370 | €84,553 | +€53,183 | +169.5% |
| Deferred charges and accrued income | 490/1 | €6,116 | €4,208 | -€1,908 | -31.2% |
| Total equity and liabilities | 10/49 | €213,393 | €247,388 | +€33,995 | +15.9% |
| Equity | 10/15 | €173,313 | €194,129 | +€20,817 | +12.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,413 | €173,229 | +€20,817 | +13.7% |
| Amounts payable | 17/49 | €40,081 | €53,259 | +€13,178 | +32.9% |
| Amounts payable within one year | 42/48 | €39,759 | €53,059 | +€13,300 | +33.5% |
| Trade debts | 44 | €2,983 | €1,130 | -€1,853 | -62.1% |
| Suppliers | 440/4 | €2,983 | €1,130 | -€1,853 | -62.1% |
| Taxes, remuneration and social security | 45 | €6,777 | €1,681 | -€5,095 | -75.2% |
| Taxes | 450/3 | €6,777 | €1,681 | -€5,095 | -75.2% |
| Other amounts payable | 47/48 | €30,000 | €50,248 | +€20,248 | +67.5% |
| Accrued charges and deferred income | 492/3 | €321 | €200 | -€121 | -37.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,194 | €9,780 | -€413 | -4.1% |
| Other operating charges | 640/8 | €1,627 | €973 | -€654 | -40.2% |
| Gross operating margin | 9900 | €51,305 | €98,756 | +€47,451 | +92.5% |
| Operating profit (loss) | 9901 | €39,484 | €88,003 | +€48,518 | +122.9% |
| Financial income | 75/76B | €2,983 | €2,039 | -€945 | -31.7% |
| Recurring financial income | 75 | €2,983 | €2,039 | -€945 | -31.7% |
| Financial charges | 65/66B | €280 | €159 | -€121 | -43.2% |
| Recurring financial charges | 65 | €280 | €159 | -€121 | -43.2% |
| Profit (loss) for the period before taxes | 9903 | €42,187 | €89,882 | +€47,695 | +113.1% |
| Income taxes | 67/77 | €8,598 | €19,066 | +€10,467 | +121.7% |
| Profit (loss) for the period | 9904 | €33,589 | €70,817 | +€37,227 | +110.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,589 | €70,817 | +€37,227 | +110.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.