Valued Data: 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.
Valued Data
Largest movements
- Cash -€6,817
down €6,817 (-59.8%), from €11,392 to €4,575
mainly Net result for the year (-€4,567) and Accrued charges and deferred income (-€2,193)
- Receivables within one year -€1,068
down €1,068 (-37.0%), from €2,888 to €1,820
of which Trade receivables: -€2,165
- Deferred charges and accrued income +€318
new in 2025: €318
- Reserves -€4,364
no longer reported in 2025 (was €4,364)
- Accrued charges and deferred income -€2,193
no longer reported in 2025 (was €2,193)
- Advances received -€1,600
down €1,600 (-46.4%), from €3,450 to €1,850
- Trade debts +€596
up €596 (+480.8%), from €124 to €720
- Tax, wage and social debts +€356
up €356 (+23.9%), from €1,489 to €1,845
- Gross operating margin -€8,919
down €8,919, from €6,749 to -€2,170
- Taxes -€1,302
down €1,302 (-87.4%), from €1,489 to €187
- Depreciation -€708
down €708 (-85.1%), from €832 to €124
- Other operating charges -€223
down €223 (-15.3%), from €1,465 to €1,241
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 | €14,404 | €6,713 | -€7,691 | -53.4% |
| Fixed assets | 21/28 | €124 | €0 | -€124 | -100.0% |
| Tangible fixed assets | 22/27 | €124 | €0 | -€124 | -100.0% |
| Plant, machinery and equipment | 23 | €124 | €0 | -€124 | -100.0% |
| Current assets | 29/58 | €14,280 | €6,713 | -€7,567 | -53.0% |
| Amounts receivable within one year | 40/41 | €2,888 | €1,820 | -€1,068 | -37.0% |
| Trade receivables | 40 | €2,432 | €266 | -€2,165 | -89.1% |
| Other amounts receivable | 41 | €456 | €1,553 | +€1,097 | +240.6% |
| Cash at bank and in hand | 54/58 | €11,392 | €4,575 | -€6,817 | -59.8% |
| Deferred charges and accrued income | 490/1 | - | €318 | +€318 | |
| Total equity and liabilities | 10/49 | €14,404 | €6,713 | -€7,691 | -53.4% |
| Equity | 10/15 | €6,864 | €2,297 | -€4,567 | -66.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €4,364 | - | -€4,364 | |
| Distributable reserves | 133 | €4,364 | - | -€4,364 | |
| Profit (loss) carried forward | 14 | - | -€203 | -€203 | |
| Amounts payable | 17/49 | €7,540 | €4,416 | -€3,125 | -41.4% |
| Amounts payable within one year | 42/48 | €5,347 | €4,416 | -€931 | -17.4% |
| Trade debts | 44 | €124 | €720 | +€596 | +480.8% |
| Suppliers | 440/4 | €124 | €720 | +€596 | +480.8% |
| Advances received on contracts in progress | 46 | €3,450 | €1,850 | -€1,600 | -46.4% |
| Taxes, remuneration and social security | 45 | €1,489 | €1,845 | +€356 | +23.9% |
| Taxes | 450/3 | €1,489 | €1,845 | +€356 | +23.9% |
| Other amounts payable | 47/48 | €284 | - | -€284 | |
| Accrued charges and deferred income | 492/3 | €2,193 | - | -€2,193 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €832 | €124 | -€708 | -85.1% |
| Other operating charges | 640/8 | €1,465 | €1,241 | -€223 | -15.3% |
| Gross operating margin | 9900 | €6,749 | -€2,170 | -€8,919 | |
| Operating profit (loss) | 9901 | €4,452 | -€3,536 | -€7,988 | |
| Financial income | 75/76B | €31 | - | -€31 | |
| Recurring financial income | 75 | €31 | - | -€31 | |
| Financial charges | 65/66B | €835 | €844 | +€9 | +1.0% |
| Recurring financial charges | 65 | €835 | €844 | +€9 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €3,648 | -€4,380 | -€8,028 | |
| Income taxes | 67/77 | €1,489 | €187 | -€1,302 | -87.4% |
| Profit (loss) for the period | 9904 | €2,159 | -€4,567 | -€6,726 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,159 | -€4,567 | -€6,726 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.