H.K. VENUS: 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.
H.K. VENUS
Largest movements
- Stocks and contracts +€29,438
up €29,438 (+57.4%), from €51,282 to €80,720
- Tangible fixed assets -€7,063
down €7,063 (-35.7%), from €19,796 to €12,732
of which Furniture and vehicles: -€7,306
- Receivables within one year -€1,757
down €1,757 (-60.3%), from €2,914 to €1,157
of which Other amounts receivable: -€1,714
- Cash +€1,238
up €1,238 (+15.3%), from €8,107 to €9,346
mainly Tax, wage and social debts (+€21,302) and Trade debts (+€10,493)
- Tax, wage and social debts +€21,302
up €21,302 (+115%), from €18,559 to €39,861
of which Remuneration and social security: +€18,446
- Trade debts +€10,493
up €10,493 (+583%), from €1,800 to €12,293
- Debts after one year -€5,169
down €5,169 (-25.8%), from €20,073 to €14,904
- Profit (loss) carried forward -€5,121
down €5,121 (-24.2%), from €21,166 to €16,045
- Purchases and services +€78,952
up €78,952 (+21.4%), from €369,647 to €448,599
- Turnover +€68,965
up €68,965 (+17.4%), from €396,962 to €465,928
- Gross operating margin -€10,985
down €10,985 (-32.0%), from €34,328 to €23,343
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 | €86,666 | €108,299 | +€21,633 | +25.0% |
| Fixed assets | 21/28 | €24,362 | €17,077 | -€7,285 | -29.9% |
| Intangible fixed assets | 21 | €667 | €445 | -€222 | -33.3% |
| Tangible fixed assets | 22/27 | €19,796 | €12,732 | -€7,063 | -35.7% |
| Furniture and vehicles | 24 | €19,796 | €12,490 | -€7,306 | -36.9% |
| Other tangible fixed assets | 26 | - | €243 | +€243 | |
| Financial fixed assets | 28 | €3,900 | €3,900 | = | 0.0% |
| Current assets | 29/58 | €62,303 | €91,222 | +€28,919 | +46.4% |
| Stocks and contracts in progress | 3 | €51,282 | €80,720 | +€29,438 | +57.4% |
| Stocks | 30/36 | €51,282 | €80,720 | +€29,438 | +57.4% |
| Amounts receivable within one year | 40/41 | €2,914 | €1,157 | -€1,757 | -60.3% |
| Trade receivables | 40 | €1,200 | €1,157 | -€43 | -3.6% |
| Other amounts receivable | 41 | €1,714 | - | -€1,714 | |
| Cash at bank and in hand | 54/58 | €8,107 | €9,346 | +€1,238 | +15.3% |
| Total equity and liabilities | 10/49 | €86,666 | €108,299 | +€21,633 | +25.0% |
| Equity | 10/15 | €41,193 | €36,072 | -€5,121 | -12.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €27 | €27 | = | 0.0% |
| Non-distributable reserves | 130/1 | €27 | €27 | = | 0.0% |
| Reserves not available under the articles | 1311 | €27 | €27 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,166 | €16,045 | -€5,121 | -24.2% |
| Amounts payable | 17/49 | €45,472 | €72,227 | +€26,754 | +58.8% |
| Amounts payable after more than one year | 17 | €20,073 | €14,904 | -€5,169 | -25.8% |
| Financial debts | 170/4 | €20,073 | €14,904 | -€5,169 | -25.8% |
| Amounts payable within one year | 42/48 | €25,400 | €57,323 | +€31,923 | +126% |
| Current portion of amounts payable after more than one year | 42 | €5,040 | €5,169 | +€129 | +2.5% |
| Trade debts | 44 | €1,800 | €12,293 | +€10,493 | +583% |
| Suppliers | 440/4 | €1,800 | €12,293 | +€10,493 | +583% |
| Taxes, remuneration and social security | 45 | €18,559 | €39,861 | +€21,302 | +115% |
| Taxes | 450/3 | €5,833 | €8,689 | +€2,856 | +49.0% |
| Remuneration and social security | 454/9 | €12,726 | €31,172 | +€18,446 | +145% |
| Turnover | 70 | €396,962 | €465,928 | +€68,965 | +17.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €369,647 | €448,599 | +€78,952 | +21.4% |
| Remuneration, social security and pensions | 62 | €361 | €4,537 | +€4,176 | +1,156% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,528 | €7,528 | = | 0.0% |
| Other operating charges | 640/8 | €5,373 | €8,161 | +€2,787 | +51.9% |
| Gross operating margin | 9900 | €34,328 | €23,343 | -€10,985 | -32.0% |
| Operating profit (loss) | 9901 | €21,065 | €3,118 | -€17,947 | -85.2% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €4,065 | €4,427 | +€362 | +8.9% |
| Recurring financial charges | 65 | €4,065 | €4,427 | +€362 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €17,000 | -€1,307 | -€18,307 | |
| Income taxes | 67/77 | €5,826 | €3,814 | -€2,012 | -34.5% |
| Profit (loss) for the period | 9904 | €11,174 | -€5,121 | -€16,295 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,174 | -€5,121 | -€16,295 |
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 23 October 2026 via checked.be.