CN Ventures: what changed
Two fiscal 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.
CN Ventures
Largest movements
- Tangible fixed assets +€7,223
up €7,223 (+326.9%), from €2,209 to €9,433
of which Furniture and vehicles: +€6,403
- Cash -€2,218
down €2,218 (-27.3%), from €8,128 to €5,910
mainly Investment in fixed assets (net) (-€8,002) and Receivables within one year (-€1,277)
- Receivables within one year +€1,277
up €1,277 (+185.0%), from €690 to €1,967
of which Trade receivables: +€1,125
- Deferred charges and accrued income +€539
new in 2025: €539
- Other debts +€5,497
up €5,497 (+29.7%), from €18,500 to €23,997
- Profit (loss) carried forward +€2,143
up €2,143 (+7.2%), from -€29,955 to -€27,812
- Trade debts -€1,016
down €1,016 (-55.2%), from €1,840 to €824
- Tax, wage and social debts +€198
up €198 (+10.9%), from €1,820 to €2,017
- Gross operating margin +€22,060
up €22,060, from -€16,285 to €5,775
- Other operating charges +€1,900
up €1,900 (+366.5%), from €519 to €2,419
- Depreciation +€204
up €204 (+35.4%), from €575 to €779
- Financial charges +€202
up €202 (+87.0%), from €232 to €434
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 | €12,205 | €19,027 | +€6,822 | +55.9% |
| Fixed assets | 21/28 | €3,387 | €10,611 | +€7,223 | +213.2% |
| Tangible fixed assets | 22/27 | €2,209 | €9,433 | +€7,223 | +326.9% |
| Plant, machinery and equipment | 23 | - | €821 | +€821 | |
| Furniture and vehicles | 24 | €2,209 | €8,612 | +€6,403 | +289.8% |
| Financial fixed assets | 28 | €1,178 | €1,178 | = | 0.0% |
| Current assets | 29/58 | €8,818 | €8,416 | -€402 | -4.6% |
| Amounts receivable within one year | 40/41 | €690 | €1,967 | +€1,277 | +185.0% |
| Trade receivables | 40 | €690 | €1,815 | +€1,125 | +163.0% |
| Other amounts receivable | 41 | - | €152 | +€152 | |
| Cash at bank and in hand | 54/58 | €8,128 | €5,910 | -€2,218 | -27.3% |
| Deferred charges and accrued income | 490/1 | - | €539 | +€539 | |
| Total equity and liabilities | 10/49 | €12,205 | €19,027 | +€6,822 | +55.9% |
| Equity | 10/15 | -€9,955 | -€7,812 | +€2,143 | +21.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,955 | -€27,812 | +€2,143 | +7.2% |
| Amounts payable | 17/49 | €22,160 | €26,839 | +€4,679 | +21.1% |
| Amounts payable within one year | 42/48 | €22,160 | €26,839 | +€4,679 | +21.1% |
| Trade debts | 44 | €1,840 | €824 | -€1,016 | -55.2% |
| Suppliers | 440/4 | €1,840 | €824 | -€1,016 | -55.2% |
| Taxes, remuneration and social security | 45 | €1,820 | €2,017 | +€198 | +10.9% |
| Taxes | 450/3 | €1,820 | €2,017 | +€198 | +10.9% |
| Other amounts payable | 47/48 | €18,500 | €23,997 | +€5,497 | +29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €575 | €779 | +€204 | +35.4% |
| Other operating charges | 640/8 | €519 | €2,419 | +€1,900 | +366.5% |
| Gross operating margin | 9900 | -€16,285 | €5,775 | +€22,060 | |
| Operating profit (loss) | 9901 | -€17,378 | €2,577 | +€19,956 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -99.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -99.3% |
| Financial charges | 65/66B | €232 | €434 | +€202 | +87.0% |
| Recurring financial charges | 65 | €232 | €434 | +€202 | +87.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,609 | €2,143 | +€19,752 | |
| Profit (loss) for the period | 9904 | -€17,609 | €2,143 | +€19,752 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,609 | €2,143 | +€19,752 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.