VALVECO: 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.
VALVECO
Largest movements
- Cash -€1,499
down €1,499 (-86.7%), from €1,729 to €230
mainly Net result for the year (-€1,255) and Receivables within one year (-€762)
- Receivables within one year +€762
up €762 (+303.0%), from €252 to €1,014
of which Trade receivables: +€754
- Tangible fixed assets -€71
down €71 (-100.0%), from €71 to €0
- Profit (loss) carried forward -€1,255
down €1,255 (-22.0%), from -€5,705 to -€6,960
- Other debts +€367
up €367 (+17.2%), from €2,137 to €2,504
- Trade debts +€80
up €80 (+12.9%), from €620 to €700
- Gross operating margin -€3,630
down €3,630, from €3,029 to -€601
- Other operating charges -€387
down €387 (-42.7%), from €907 to €520
- Financial charges -€69
down €69 (-52.3%), from €132 to €63
- Depreciation -€44
down €44 (-38.1%), from €116 to €71
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 | €2,052 | €1,244 | -€808 | -39.4% |
| Fixed assets | 21/28 | €71 | €0 | -€71 | -100.0% |
| Tangible fixed assets | 22/27 | €71 | €0 | -€71 | -100.0% |
| Furniture and vehicles | 24 | €71 | €0 | -€71 | -100.0% |
| Current assets | 29/58 | €1,980 | €1,244 | -€737 | -37.2% |
| Amounts receivable within one year | 40/41 | €252 | €1,014 | +€762 | +303.0% |
| Trade receivables | 40 | €128 | €883 | +€754 | +588.4% |
| Other amounts receivable | 41 | €123 | €131 | +€8 | +6.4% |
| Cash at bank and in hand | 54/58 | €1,729 | €230 | -€1,499 | -86.7% |
| Total equity and liabilities | 10/49 | €2,052 | €1,244 | -€808 | -39.4% |
| Equity | 10/15 | -€705 | -€1,960 | -€1,255 | -178.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,705 | -€6,960 | -€1,255 | -22.0% |
| Amounts payable | 17/49 | €2,757 | €3,204 | +€447 | +16.2% |
| Amounts payable within one year | 42/48 | €2,757 | €3,204 | +€447 | +16.2% |
| Trade debts | 44 | €620 | €700 | +€80 | +12.9% |
| Suppliers | 440/4 | €620 | €700 | +€80 | +12.9% |
| Other amounts payable | 47/48 | €2,137 | €2,504 | +€367 | +17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116 | €71 | -€44 | -38.1% |
| Other operating charges | 640/8 | €907 | €520 | -€387 | -42.7% |
| Gross operating margin | 9900 | €3,029 | -€601 | -€3,630 | |
| Operating profit (loss) | 9901 | €2,007 | -€1,192 | -€3,199 | |
| Financial charges | 65/66B | €132 | €63 | -€69 | -52.3% |
| Recurring financial charges | 65 | €132 | €63 | -€69 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | €1,875 | -€1,255 | -€3,130 | |
| Profit (loss) for the period | 9904 | €1,875 | -€1,255 | -€3,130 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,875 | -€1,255 | -€3,130 |
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 9 October 2026 via checked.be.