E. Ventures Holding: 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.
E. Ventures Holding
Largest movements
- Current investments -€1.8m
down €1.8m (-50.0%), from €3.5m to €1.8m
- Other debts -€1.7m
down €1.7m (-50.9%), from €3.4m to €1.7m
- Gross operating margin -€105,446
down €105,446 (-74.0%), from €142,458 to €37,012
- Financial charges -€8,717
down €8,717 (-38.2%), from €22,792 to €14,075
- Depreciation +€1,629
up €1,629 (+9.2%), from €17,768 to €19,396
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 | €4,013,672 | €2,263,737 | -€1.7m | -43.6% |
| Fixed assets | 21/28 | €403,093 | €390,089 | -€13,004 | -3.2% |
| Tangible fixed assets | 22/27 | €403,093 | €390,089 | -€13,004 | -3.2% |
| Land and buildings | 22 | €371,250 | €358,050 | -€13,200 | -3.6% |
| Plant, machinery and equipment | 23 | €31,843 | €27,275 | -€4,568 | -14.3% |
| Furniture and vehicles | 24 | - | €4,764 | +€4,764 | |
| Current assets | 29/58 | €3,610,580 | €1,873,648 | -€1.7m | -48.1% |
| Amounts receivable within one year | 40/41 | €62,184 | €60,354 | -€1,830 | -2.9% |
| Other amounts receivable | 41 | €62,184 | €60,354 | -€1,830 | -2.9% |
| Current investments | 50/53 | €3,500,000 | €1,750,000 | -€1.8m | -50.0% |
| Cash at bank and in hand | 54/58 | €28,466 | €62,690 | +€34,224 | +120% |
| Deferred charges and accrued income | 490/1 | €19,930 | €604 | -€19,326 | -97.0% |
| Total equity and liabilities | 10/49 | €4,013,672 | €2,263,737 | -€1.7m | -43.6% |
| Equity | 10/15 | -€40,566 | -€39,128 | +€1,438 | +3.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,116 | -€57,678 | +€1,438 | +2.4% |
| Amounts payable | 17/49 | €4,054,239 | €2,302,865 | -€1.8m | -43.2% |
| Amounts payable after more than one year | 17 | €615,000 | €615,000 | = | 0.0% |
| Financial debts | 170/4 | €615,000 | €615,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,436,956 | €1,687,199 | -€1.7m | -50.9% |
| Trade debts | 44 | €759 | €584 | -€175 | -23.1% |
| Suppliers | 440/4 | €759 | €584 | -€175 | -23.1% |
| Other amounts payable | 47/48 | €3,436,197 | €1,686,615 | -€1.7m | -50.9% |
| Accrued charges and deferred income | 492/3 | €2,283 | €666 | -€1,617 | -70.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,768 | €19,396 | +€1,629 | +9.2% |
| Other operating charges | 640/8 | €1,459 | €2,103 | +€643 | +44.1% |
| Gross operating margin | 9900 | €142,458 | €37,012 | -€105,446 | -74.0% |
| Operating profit (loss) | 9901 | €123,231 | €15,513 | -€107,718 | -87.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €22,792 | €14,075 | -€8,717 | -38.2% |
| Recurring financial charges | 65 | €22,792 | €14,075 | -€8,717 | -38.2% |
| Profit (loss) for the period before taxes | 9903 | €100,439 | €1,438 | -€99,001 | -98.6% |
| Profit (loss) for the period | 9904 | €100,439 | €1,438 | -€99,001 | -98.6% |
| Profit (loss) for the period to be appropriated | 9905 | €100,439 | €1,438 | -€99,001 | -98.6% |
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 20 October 2026 via checked.be.