Valuya: 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.
Valuya
Largest movements
- Receivables within one year +€24,734
up €24,734 (+31.4%), from €78,736 to €103,470
of which Trade receivables: +€27,483
- Stocks and contracts +€20,722
up €20,722 (+23.9%), from €86,574 to €107,296
- Tangible fixed assets -€5,763
down €5,763 (-11.2%), from €51,427 to €45,663
of which Other tangible fixed assets: -€4,754
- Other debts +€76,477
up €76,477 (+6359.3%), from €1,203 to €77,679
- Reserves -€49,318
down €49,318 (-33.2%), from €148,417 to €99,099
of which Distributable reserves: -€49,318
- Trade debts +€23,240
up €23,240 (+413.1%), from €5,626 to €28,866
- Debts after one year -€10,676
down €10,676 (-50.8%), from €21,023 to €10,348
- Gross operating margin +€29,815
up €29,815 (+47.2%), from €63,124 to €92,939
- Taxes +€9,243
up €9,243 (+170.8%), from €5,411 to €14,654
- Financial charges -€5,865
down €5,865 (-14.5%), from €40,457 to €34,592
- Other operating charges +€2,559
up €2,559 (+546.5%), from €468 to €3,027
- Staff costs +€2,091
up €2,091 (+106.0%), from €1,973 to €4,064
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 | €325,705 | €365,240 | +€39,535 | +12.1% |
| Fixed assets | 21/28 | €51,427 | €45,663 | -€5,763 | -11.2% |
| Tangible fixed assets | 22/27 | €51,427 | €45,663 | -€5,763 | -11.2% |
| Furniture and vehicles | 24 | €1,964 | €956 | -€1,009 | -51.4% |
| Other tangible fixed assets | 26 | €49,462 | €44,708 | -€4,754 | -9.6% |
| Current assets | 29/58 | €274,279 | €319,577 | +€45,298 | +16.5% |
| Amounts receivable after more than one year | 29 | €69,440 | €70,440 | +€1,000 | +1.4% |
| Other amounts receivable | 291 | €69,440 | €70,440 | +€1,000 | +1.4% |
| Stocks and contracts in progress | 3 | €86,574 | €107,296 | +€20,722 | +23.9% |
| Stocks | 30/36 | €86,574 | €107,296 | +€20,722 | +23.9% |
| Amounts receivable within one year | 40/41 | €78,736 | €103,470 | +€24,734 | +31.4% |
| Trade receivables | 40 | €18,511 | €45,994 | +€27,483 | +148.5% |
| Other amounts receivable | 41 | €60,225 | €57,476 | -€2,749 | -4.6% |
| Cash at bank and in hand | 54/58 | €38,520 | €37,644 | -€876 | -2.3% |
| Deferred charges and accrued income | 490/1 | €1,008 | €727 | -€281 | -27.9% |
| Total equity and liabilities | 10/49 | €325,705 | €365,240 | +€39,535 | +12.1% |
| Equity | 10/15 | €242,219 | €192,901 | -€49,318 | -20.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €148,417 | €99,099 | -€49,318 | -33.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €146,557 | €97,239 | -€49,318 | -33.7% |
| Profit (loss) carried forward | 14 | €87,602 | €87,602 | = | 0.0% |
| Amounts payable | 17/49 | €83,486 | €172,339 | +€88,853 | +106.4% |
| Amounts payable after more than one year | 17 | €21,023 | €10,348 | -€10,676 | -50.8% |
| Financial debts | 170/4 | €21,023 | €10,348 | -€10,676 | -50.8% |
| Amounts payable within one year | 42/48 | €62,463 | €161,991 | +€99,529 | +159.3% |
| Current portion of amounts payable after more than one year | 42 | €10,071 | €10,676 | +€604 | +6.0% |
| Trade debts | 44 | €5,626 | €28,866 | +€23,240 | +413.1% |
| Suppliers | 440/4 | €5,626 | €28,866 | +€23,240 | +413.1% |
| Advances received on contracts in progress | 46 | €146 | €146 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €45,417 | €44,625 | -€792 | -1.7% |
| Taxes | 450/3 | €43,200 | €41,629 | -€1,571 | -3.6% |
| Remuneration and social security | 454/9 | €2,217 | €2,996 | +€779 | +35.1% |
| Other amounts payable | 47/48 | €1,203 | €77,679 | +€76,477 | +6359.3% |
| Non-recurring operating income | 76A | €977 | €0 | -€977 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,973 | €4,064 | +€2,091 | +106.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,118 | €7,438 | +€320 | +4.5% |
| Other operating charges | 640/8 | €468 | €3,027 | +€2,559 | +546.5% |
| Gross operating margin | 9900 | €63,124 | €92,939 | +€29,815 | +47.2% |
| Operating profit (loss) | 9901 | €53,565 | €78,410 | +€24,845 | +46.4% |
| Financial income | 75/76B | €3,370 | €3,787 | +€417 | +12.4% |
| Recurring financial income | 75 | €3,370 | €3,787 | +€417 | +12.4% |
| Financial charges | 65/66B | €40,457 | €34,592 | -€5,865 | -14.5% |
| Recurring financial charges | 65 | €40,457 | €34,592 | -€5,865 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €16,478 | €47,605 | +€31,127 | +188.9% |
| Income taxes | 67/77 | €5,411 | €14,654 | +€9,243 | +170.8% |
| Profit (loss) for the period | 9904 | €11,067 | €32,951 | +€21,884 | +197.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,067 | €32,951 | +€21,884 | +197.7% |
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 11 October 2026 via checked.be.