VENCA
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 15-06-2026 at the NBB all 25 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3.5m=
2024 · €3.5m
Working capital
€1.2m▲ 473%
2024 · €208,362
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€19,931
▼ 28.0%
2025
20182025
Net result
€3.5m
=
2025
20182025
Equity
€23.0m
▼ 0.1%
2025
20182025
Total assets
€23.1m
▼ 0.1%
2025
20182025
Debt
€13,057
▲ 14.6%
2025
20182025
Working capital
€1.2m
▲ 473%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.1m--€0.1m▲ 1.9%€0.002m-€0.02m-€0.01m▲ 49.8%-€0.02m▼ 30.2%-€0.02m▲ 2.0%-€0.02m▼ 28.0%
Net result-€1.1m-€0.8m-€0.006m-€0.02m▼ 312%-€0.01m▲ 49.4%-€0.02m▼ 24.7%€3.5m€3.5m=
Equity€31.4m-€23.1m▼ 26.3%€23.1m=€23.1m▼ 0.1%€23.1m▼ 0.1%€23.1m▼ 0.1%€23.1m▼ 0.1%€23.0m▼ 0.1%
Total assets€31.4m-€23.2m▼ 26.2%€23.2m▼ 0.1%€23.1m▼ 0.1%€23.1m▼ 0.1%€23.1m▼ 0.1%€23.1m▼ 0.1%€23.1m▼ 0.1%
Debt€0.06m-€0.06m▼ 9.3%€0.03m▼ 45.1%€0.03m▼ 11.3%€0.01m▼ 65.0%€0.01m▲ 10.0%€0.01m▲ 3.2%€0.01m▲ 14.6%
Working capital€12.9m-€0.3m▼ 97.8%€0.3m▼ 2.1%€0.3m▼ 8.9%€0.2m▼ 5.0%€0.2m▼ 6.5%€0.2m▼ 6.5%€1.2m▲ 473%
The operating result for 2025 is a loss of €19,931, larger than the loss of €15,566 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23.1m
Fixed assets
€21.9m ▼ 4.4%
Current assets
€1.2m ▲ 449%
Equity and liabilities €23.1m
Equity
€23.0m ▼ 0.1%
Debt
€13,057 ▲ 14.6%
Debt's share of the balance-sheet total stays at 0.1%.
Key figures and ratios
Current ratio
92.42▲
2024 · 19.29
Debt to equity
0.00▲
2024 · 0.00
ROE
15.1%▲
2024 · 15.1%
ROA
15.1%=
2024 · 15.1%
Debt ≤ 1 year
€13,057▲
2024 · €11,394
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Auditor
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €4,575 | €4,400 | €4,855 | €5,205 | €5,210 |
| Other work by the auditor | - | - | - | - | €2,700 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €0 | €0.006m | €0.005m | €0.005m | €0.005m | ▼ 3.3% |
| Non-recurring operating income76A | - | - | - | €0 | €0.006m | €0.005m | €0.005m | €0.005m | ▼ 3.3% |
| Operating charges60/66A | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 20.4% |
| Services and other goods61 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 21.4% |
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 3.0% |
| Operating profit (loss)9901 | -€0.1m | -€0.1m | €0.002m | -€0.02m | -€0.01m | -€0.02m | -€0.02m | -€0.02m | ▼ 28.0% |
| Financial income75/76B | - | - | - | - | - | €0.001m | €3.5m | €3.5m | ▲ 0.1% |
| Recurring financial income75 | €0.3m | €0.8m | - | - | - | €0.001m | €3.5m | €3.5m | ▲ 0.1% |
| Income from financial fixed assets750 | - | - | - | - | - | - | €3.5m | €3.5m | = |
| Income from current assets751 | - | - | - | - | - | €0.001m | €0.001m | €0.005m | ▲ 306% |
| Financial charges65/66B | - | - | - | €224 | €216 | €192 | €205 | €211 | ▲ 2.8% |
| Recurring financial charges65 | €0.7m | -€0.3m | €230 | €224 | €216 | €192 | €205 | €211 | ▲ 2.8% |
| Debt charges650 | €27 | €8 | - | - | - | - | - | - | - |
| Other financial charges652/9 | - | - | - | €224 | €216 | €192 | €205 | €211 | ▲ 2.8% |
| Non-recurring financial charges66B | - | - | - | €0 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€1.1m | €0.9m | €0.002m | -€0.02m | -€0.01m | -€0.02m | €3.5m | €3.5m | = |
| Income taxes67/77 | -€0.002m | €0.1m | €0.008m | €0 | - | - | - | - | - |
| Taxes670/3 | - | - | - | €0 | - | €177 | €402 | €0.002m | ▲ 306% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | - | €177 | €402 | €0.002m | ▲ 306% |
| Profit (loss) for the period9904 | -€1.1m | €0.8m | -€0.006m | -€0.02m | -€0.01m | -€0.02m | €3.5m | €3.5m | = |
| Profit (loss) for the period to be appropriated9905 | -€1.1m | €0.8m | -€0.006m | -€0.02m | -€0.01m | -€0.02m | €3.5m | €3.5m | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €31.4m | €23.2m | €23.2m | €23.1m | €23.1m | €23.1m | €23.1m | €23.1m | ▼ 0.1% |
| Fixed assets21/28 | €18.5m | €22.9m | €22.9m | €22.9m | €22.9m | €22.9m | €22.9m | €21.9m | ▼ 4.4% |
| Financial fixed assets28 | €18.5m | €22.9m | €22.9m | €22.9m | €22.9m | €22.9m | €22.9m | €21.9m | ▼ 4.4% |
| Affiliated companies280/1 | - | - | - | €22.9m | €22.9m | €22.9m | €22.9m | €21.9m | ▼ 4.4% |
| Participating interests280 | - | - | - | €22.9m | €22.9m | €22.9m | €22.9m | €21.9m | ▼ 4.4% |
| Current assets29/58 | €12.9m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €1.2m | ▲ 449% |
| Stocks and contracts in progress3 | - | - | - | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.07m | €0.1m | €0.003m | €0 | - | €177 | €0.001m | €0.002m | ▲ 251% |
| Other amounts receivable41 | - | - | - | €0 | - | €177 | €0.001m | €0.002m | ▲ 251% |
| Current investments50/53 | €10.9m | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €1.9m | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €1.2m | ▲ 450% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €31.4m | €23.2m | €23.2m | €23.1m | €23.1m | €23.1m | €23.1m | €23.1m | ▼ 0.1% |
| Equity10/15 | €31.4m | €23.1m | €23.1m | €23.1m | €23.1m | €23.1m | €23.1m | €23.0m | ▼ 0.1% |
| Contributions10/11 | €17.3m | - | - | €8.3m | €8.3m | €8.3m | €8.3m | €8.3m | = |
| Reserves13 | €14.1m | €14.9m | €14.9m | €14.8m | €14.8m | €14.8m | €14.8m | €14.8m | ▼ 0.1% |
| Distributable reserves133 | - | - | - | €14.8m | €14.8m | €14.8m | €14.8m | €14.8m | ▼ 0.1% |
| Amounts payable17/49 | €0.06m | €0.06m | €0.03m | €0.03m | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 14.6% |
| Amounts payable within one year42/48 | €0.06m | €0.06m | €0.03m | €0.03m | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 14.6% |
| Trade debts44 | €0.06m | €0.06m | €0.03m | €0.03m | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 14.6% |
| Suppliers440/4 | - | - | - | €0.03m | €0.01m | €0.01m | €0.01m | €0.01m | ▲ 14.6% |
| Accrued charges and deferred income492/3 | - | - | - | €0 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1.1m | €0.8m | -€0.006m | -€0.02m | -€0.01m | -€0.02m | €3.5m | €3.5m | = |
| Operating cash flow (approximation) | -€1.1m | €0.8m | -€0.006m | -€0.02m | -€0.01m | -€0.02m | €3.5m | €3.5m | = |
| Investment in fixed assets (approximation) | - | -€4.4m | €0 | €0 | €0 | €0 | €0 | €1.0m | - |
| Change in cash | - | -€1.7m | €0.08m | -€0.02m | -€0.03m | -€0.01m | -€0.01m | €1.0m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 15-06-2026 | 2026-00166441 | |
| 31-12-2024 | full format | 13-06-2025 | 2025-00145958 | |
| 31-12-2023 | full format | 19-06-2024 | 2024-00146677 | |
| 31-12-2022 | full format | 16-06-2023 | 2023-00141434 | |
| 31-12-2021 | full format | 07-07-2022 | 2022-20167010 | |
| 31-12-2020 | full format | 02-07-2021 | 2021-31000355 | |
| 31-12-2019 | full format | 22-07-2020 | 2020-32300574 | |
| 31-12-2018 | full format | 02-07-2019 | 2019-27600122 | |
| 31-12-2017 | full format | 04-07-2018 | 2018-28800443 | |
| 31-12-2016 | full format | 20-06-2017 | 2017-19700572 |