AURORA VENTURE MANAGEMENT: 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.
AURORA VENTURE MANAGEMENT
Largest movements
- Receivables within one year +€9,985
up €9,985 (+506%), from €1,974 to €11,959
- Cash -€8,057
down €8,057 (-12.2%), from €66,152 to €58,095
mainly Receivables within one year (-€9,985) and Net result for the year (-€5,528)
- Tangible fixed assets -€5,059
down €5,059 (-51.1%), from €9,897 to €4,838
of which Furniture and vehicles: -€3,127
- Profit (loss) carried forward -€5,528
down €5,528, from €1,317 to -€4,211
- Other debts +€5,304
up €5,304 (+16.8%), from €31,542 to €36,846
- Current portion of long-term debt -€2,550
down €2,550 (-100%), from €2,550 to €0
- Depreciation -€5,367
down €5,367 (-51.5%), from €10,426 to €5,059
- Gross operating margin -€4,642
down €4,642 (-60.8%), from €7,630 to €2,989
- Financial income -€1,019
down €1,019 (-73.6%), from €1,384 to €365
- Other operating charges +€422
up €422 (+77.0%), from €548 to €971
- Taxes -€298
down €298 (-51.6%), from €576 to €279
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 | €78,291 | €75,213 | -€3,078 | -3.9% |
| Fixed assets | 21/28 | €9,946 | €4,888 | -€5,059 | -50.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €9,897 | €4,838 | -€5,059 | -51.1% |
| Furniture and vehicles | 24 | €3,987 | €860 | -€3,127 | -78.4% |
| Other tangible fixed assets | 26 | €5,910 | €3,978 | -€1,932 | -32.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €68,344 | €70,325 | +€1,981 | +2.9% |
| Amounts receivable within one year | 40/41 | €1,974 | €11,959 | +€9,985 | +506% |
| Trade receivables | 40 | €1,974 | €11,959 | +€9,985 | +506% |
| Cash at bank and in hand | 54/58 | €66,152 | €58,095 | -€8,057 | -12.2% |
| Deferred charges and accrued income | 490/1 | €219 | €271 | +€52 | +23.8% |
| Total equity and liabilities | 10/49 | €78,291 | €75,213 | -€3,078 | -3.9% |
| Equity | 10/15 | €40,000 | €34,472 | -€5,528 | -13.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €18,683 | €18,683 | = | 0.0% |
| Tax-exempt reserves | 132 | €140 | €140 | = | 0.0% |
| Distributable reserves | 133 | €18,543 | €18,543 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,317 | -€4,211 | -€5,528 | |
| Amounts payable | 17/49 | €38,291 | €40,741 | +€2,450 | +6.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €38,291 | €40,741 | +€2,450 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €2,550 | €0 | -€2,550 | -100% |
| Trade debts | 44 | €1,546 | €1,014 | -€532 | -34.4% |
| Suppliers | 440/4 | €1,546 | €1,014 | -€532 | -34.4% |
| Advances received on contracts in progress | 46 | €90 | €0 | -€90 | -100% |
| Taxes, remuneration and social security | 45 | €2,563 | €2,881 | +€319 | +12.4% |
| Taxes | 450/3 | €2,563 | €2,881 | +€319 | +12.4% |
| Other amounts payable | 47/48 | €31,542 | €36,846 | +€5,304 | +16.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,426 | €5,059 | -€5,367 | -51.5% |
| Other operating charges | 640/8 | €548 | €971 | +€422 | +77.0% |
| Gross operating margin | 9900 | €7,630 | €2,989 | -€4,642 | -60.8% |
| Operating profit (loss) | 9901 | -€3,344 | -€3,041 | +€303 | +9.1% |
| Financial income | 75/76B | €1,384 | €365 | -€1,019 | -73.6% |
| Recurring financial income | 75 | €1,384 | €365 | -€1,019 | -73.6% |
| Financial charges | 65/66B | €2,850 | €2,573 | -€276 | -9.7% |
| Recurring financial charges | 65 | €2,850 | €2,573 | -€276 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,810 | -€5,250 | -€440 | -9.1% |
| Income taxes | 67/77 | €576 | €279 | -€298 | -51.6% |
| Profit (loss) for the period | 9904 | -€5,386 | -€5,528 | -€142 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,386 | -€5,528 | -€142 | -2.6% |
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 25 October 2026 via checked.be.