DE VEN: 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.
DE VEN
Largest movements
- Tangible fixed assets +€39,794
up €39,794 (+74.1%), from €53,689 to €93,483
of which Furniture and vehicles: +€36,864
- Cash +€27,937
up €27,937 (+21.7%), from €128,572 to €156,509
mainly Net result for the year (+€43,259) and Debts after one year (+€21,562)
- Receivables within one year +€5,393
up €5,393 (+47.7%), from €11,300 to €16,693
of which Other amounts receivable: +€5,832
- Stocks and contracts -€3,251
down €3,251 (-44.7%), from €7,279 to €4,028
- Deferred charges and accrued income +€2,791
up €2,791 (+74.0%), from €3,774 to €6,565
- Reserves +€43,259
up €43,259 (+25.0%), from €173,206 to €216,466
of which Distributable reserves: +€43,259
- Debts after one year +€21,562
new in 2025: €21,562
- Other debts +€3,304
up €3,304 (+120.5%), from €2,741 to €6,046
- Gross operating margin +€31,616
up €31,616 (+74.2%), from €42,624 to €74,240
- Depreciation -€12,452
down €12,452 (-50.6%), from €24,593 to €12,140
- Taxes +€4,371
up €4,371 (+76.7%), from €5,696 to €10,067
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 | €204,614 | €277,278 | +€72,664 | +35.5% |
| Fixed assets | 21/28 | €53,689 | €93,483 | +€39,794 | +74.1% |
| Tangible fixed assets | 22/27 | €53,689 | €93,483 | +€39,794 | +74.1% |
| Plant, machinery and equipment | 23 | €8,742 | €11,672 | +€2,930 | +33.5% |
| Furniture and vehicles | 24 | €44,947 | €81,811 | +€36,864 | +82.0% |
| Current assets | 29/58 | €150,926 | €183,796 | +€32,870 | +21.8% |
| Stocks and contracts in progress | 3 | €7,279 | €4,028 | -€3,251 | -44.7% |
| Stocks | 30/36 | €7,279 | €4,028 | -€3,251 | -44.7% |
| Amounts receivable within one year | 40/41 | €11,300 | €16,693 | +€5,393 | +47.7% |
| Trade receivables | 40 | €1,865 | €1,425 | -€440 | -23.6% |
| Other amounts receivable | 41 | €9,435 | €15,267 | +€5,832 | +61.8% |
| Cash at bank and in hand | 54/58 | €128,572 | €156,509 | +€27,937 | +21.7% |
| Deferred charges and accrued income | 490/1 | €3,774 | €6,565 | +€2,791 | +74.0% |
| Total equity and liabilities | 10/49 | €204,614 | €277,278 | +€72,664 | +35.5% |
| Equity | 10/15 | €193,658 | €236,917 | +€43,259 | +22.3% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €173,206 | €216,466 | +€43,259 | +25.0% |
| Tax-exempt reserves | 132 | €1,702 | €1,702 | = | 0.0% |
| Distributable reserves | 133 | €171,505 | €214,764 | +€43,259 | +25.2% |
| Amounts payable | 17/49 | €10,957 | €40,361 | +€29,405 | +268.4% |
| Amounts payable after more than one year | 17 | - | €21,562 | +€21,562 | |
| Financial debts | 170/4 | - | €21,562 | +€21,562 | |
| Amounts payable within one year | 42/48 | €10,761 | €18,500 | +€7,740 | +71.9% |
| Current portion of amounts payable after more than one year | 42 | €2,979 | €5,676 | +€2,697 | +90.5% |
| Trade debts | 44 | €2,213 | €3,946 | +€1,733 | +78.3% |
| Suppliers | 440/4 | €2,213 | €3,946 | +€1,733 | +78.3% |
| Taxes, remuneration and social security | 45 | €2,827 | €2,833 | +€6 | +0.2% |
| Taxes | 450/3 | €2,827 | €2,833 | +€6 | +0.2% |
| Other amounts payable | 47/48 | €2,741 | €6,046 | +€3,304 | +120.5% |
| Accrued charges and deferred income | 492/3 | €196 | €299 | +€103 | +52.4% |
| Non-recurring operating income | 76A | - | €19,105 | +€19,105 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,593 | €12,140 | -€12,452 | -50.6% |
| Other operating charges | 640/8 | €720 | €973 | +€253 | +35.2% |
| Non-recurring operating charges | 66A | - | €7,263 | +€7,263 | |
| Gross operating margin | 9900 | €42,624 | €74,240 | +€31,616 | +74.2% |
| Operating profit (loss) | 9901 | €17,311 | €53,864 | +€36,553 | +211.1% |
| Financial income | 75/76B | €367 | €807 | +€440 | +119.8% |
| Recurring financial income | 75 | €367 | €807 | +€440 | +119.8% |
| Financial charges | 65/66B | €690 | €1,345 | +€655 | +95.0% |
| Recurring financial charges | 65 | €690 | €1,345 | +€655 | +95.0% |
| Profit (loss) for the period before taxes | 9903 | €16,989 | €53,327 | +€36,338 | +213.9% |
| Income taxes | 67/77 | €5,696 | €10,067 | +€4,371 | +76.7% |
| Profit (loss) for the period | 9904 | €11,293 | €43,259 | +€31,967 | +283.1% |
| Transfer to tax-exempt reserves | 689 | €7 | - | -€7 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,286 | €43,259 | +€31,973 | +283.3% |
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 30 September 2026 via checked.be.