1105 Ventures I: 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.
1105 Ventures I
Largest movements
- Cash -€645,331
down €645,331 (-91.9%), from €701,977 to €56,646
mainly Receivables within one year (-€421,259) and Investment in fixed assets (net) (-€369,434)
- Receivables within one year +€421,259
up €421,259 (+27.4%), from €1.5m to €2.0m
- Financial fixed assets +€369,434
up €369,434 (+48.2%), from €766,611 to €1.1m
- Current investments -€100,000
down €100,000 (-28.6%), from €350,000 to €250,000
- Profit (loss) carried forward +€66,658
up €66,658 (+3.9%), from €1.7m to €1.8m
- Financial income -€2.6m
down €2.6m (-96.6%), from €2.7m to €94,063
- Gross operating margin +€66,546
up €66,546 (+73.4%), from -€90,667 to -€24,121
- Other operating charges +€1,870
up €1,870 (+811%), from €230 to €2,100
- Financial charges +€923
up €923 (+353%), from €261 to €1,184
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.
Derived cash bridge
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 | €3,400,203 | €3,467,786 | +€67,583 | +2.0% |
| Fixed assets | 21/28 | €766,611 | €1,136,045 | +€369,434 | +48.2% |
| Financial fixed assets | 28 | €766,611 | €1,136,045 | +€369,434 | +48.2% |
| Current assets | 29/58 | €2,633,592 | €2,331,740 | -€301,851 | -11.5% |
| Amounts receivable within one year | 40/41 | €1,535,057 | €1,956,316 | +€421,259 | +27.4% |
| Other amounts receivable | 41 | €1,535,057 | €1,956,316 | +€421,259 | +27.4% |
| Current investments | 50/53 | €350,000 | €250,000 | -€100,000 | -28.6% |
| Cash at bank and in hand | 54/58 | €701,977 | €56,646 | -€645,331 | -91.9% |
| Deferred charges and accrued income | 490/1 | €46,558 | €68,779 | +€22,221 | +47.7% |
| Total equity and liabilities | 10/49 | €3,400,203 | €3,467,786 | +€67,583 | +2.0% |
| Equity | 10/15 | €3,397,736 | €3,464,394 | +€66,658 | +2.0% |
| Contributions | 10/11 | €71,269 | €71,269 | = | 0.0% |
| Reserves | 13 | €1,627,711 | €1,627,711 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €869 | €869 | = | 0.0% |
| Distributable reserves | 133 | €1,624,983 | €1,624,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,698,756 | €1,765,414 | +€66,658 | +3.9% |
| Amounts payable | 17/49 | €2,466 | €3,391 | +€925 | +37.5% |
| Amounts payable within one year | 42/48 | €2,466 | €3,391 | +€925 | +37.5% |
| Trade debts | 44 | €2,466 | €3,391 | +€925 | +37.5% |
| Suppliers | 440/4 | €2,466 | €3,391 | +€925 | +37.5% |
| Other operating charges | 640/8 | €230 | €2,100 | +€1,870 | +811% |
| Gross operating margin | 9900 | -€90,667 | -€24,121 | +€66,546 | +73.4% |
| Operating profit (loss) | 9901 | -€90,897 | -€26,221 | +€64,677 | +71.2% |
| Financial income | 75/76B | €2,739,915 | €94,063 | -€2.6m | -96.6% |
| Recurring financial income | 75 | €2,739,915 | €94,063 | -€2.6m | -96.6% |
| Financial charges | 65/66B | €261 | €1,184 | +€923 | +353% |
| Recurring financial charges | 65 | €261 | €1,184 | +€923 | +353% |
| Profit (loss) for the period before taxes | 9903 | €2,648,756 | €66,658 | -€2.6m | -97.5% |
| Profit (loss) for the period | 9904 | €2,648,756 | €66,658 | -€2.6m | -97.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,648,756 | €66,658 | -€2.6m | -97.5% |
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 28 October 2026 via checked.be.