NEXT VENTURES: 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.
NEXT VENTURES
Largest movements
- Cash -€37,321
down €37,321 (-41.3%), from €90,462 to €53,141
mainly Receivables within one year (-€33,310) and Current investments (-€12,246)
- Receivables within one year +€33,310
up €33,310 (+2,897%), from €1,150 to €34,460
of which Trade receivables: +€28,286
- Current investments +€12,246
up €12,246 (+38.1%), from €32,132 to €44,378
- Stocks and contracts +€5,505
up €5,505 (+54.0%), from €10,188 to €15,693
- Tangible fixed assets -€3,202
down €3,202 (-11.2%), from €28,550 to €25,348
of which Other tangible fixed assets: -€1,609
- Profit (loss) carried forward +€7,351
up €7,351 (+14.4%), from €50,963 to €58,314
- Trade debts +€4,953
up €4,953 (+39.3%), from €12,601 to €17,554
- Gross operating margin -€16,605
down €16,605 (-21.2%), from €78,335 to €61,731
- Taxes -€4,345
down €4,345 (-45.5%), from €9,552 to €5,207
- Staff costs +€2,981
up €2,981 (+7.3%), from €40,754 to €43,735
- Depreciation -€1,702
down €1,702 (-34.7%), from €4,904 to €3,202
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 | €172,794 | €183,332 | +€10,537 | +6.1% |
| Fixed assets | 21/28 | €38,862 | €35,660 | -€3,202 | -8.2% |
| Tangible fixed assets | 22/27 | €28,550 | €25,348 | -€3,202 | -11.2% |
| Plant, machinery and equipment | 23 | €610 | - | -€610 | |
| Furniture and vehicles | 24 | €3,207 | €2,224 | -€983 | -30.7% |
| Other tangible fixed assets | 26 | €24,732 | €23,124 | -€1,609 | -6.5% |
| Financial fixed assets | 28 | €10,312 | €10,312 | = | 0.0% |
| Current assets | 29/58 | €133,933 | €147,672 | +€13,739 | +10.3% |
| Stocks and contracts in progress | 3 | €10,188 | €15,693 | +€5,505 | +54.0% |
| Stocks | 30/36 | €10,188 | €15,693 | +€5,505 | +54.0% |
| Amounts receivable within one year | 40/41 | €1,150 | €34,460 | +€33,310 | +2,897% |
| Trade receivables | 40 | - | €28,286 | +€28,286 | |
| Other amounts receivable | 41 | €1,150 | €6,174 | +€5,024 | +437% |
| Current investments | 50/53 | €32,132 | €44,378 | +€12,246 | +38.1% |
| Cash at bank and in hand | 54/58 | €90,462 | €53,141 | -€37,321 | -41.3% |
| Total equity and liabilities | 10/49 | €172,794 | €183,332 | +€10,537 | +6.1% |
| Equity | 10/15 | €136,368 | €143,719 | +€7,351 | +5.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €66,855 | €66,855 | = | 0.0% |
| Distributable reserves | 133 | €66,855 | €66,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,963 | €58,314 | +€7,351 | +14.4% |
| Amounts payable | 17/49 | €36,427 | €39,613 | +€3,186 | +8.7% |
| Amounts payable within one year | 42/48 | €36,427 | €39,613 | +€3,186 | +8.7% |
| Financial debts | 43 | €10,000 | €10,000 | = | 0.0% |
| Credit institutions | 430/8 | - | €10,000 | +€10,000 | |
| Other loans | 439 | €10,000 | - | -€10,000 | |
| Trade debts | 44 | €12,601 | €17,554 | +€4,953 | +39.3% |
| Suppliers | 440/4 | €12,601 | €17,554 | +€4,953 | +39.3% |
| Taxes, remuneration and social security | 45 | €13,826 | €12,059 | -€1,767 | -12.8% |
| Taxes | 450/3 | €8,192 | €6,224 | -€1,968 | -24.0% |
| Remuneration and social security | 454/9 | €5,634 | €5,835 | +€201 | +3.6% |
| Remuneration, social security and pensions | 62 | €40,754 | €43,735 | +€2,981 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,904 | €3,202 | -€1,702 | -34.7% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €78,335 | €61,731 | -€16,605 | -21.2% |
| Operating profit (loss) | 9901 | €32,172 | €14,274 | -€17,898 | -55.6% |
| Financial income | 75/76B | €968 | €1,018 | +€50 | +5.1% |
| Recurring financial income | 75 | €968 | €1,018 | +€50 | +5.1% |
| Financial charges | 65/66B | €2,347 | €2,734 | +€387 | +16.5% |
| Recurring financial charges | 65 | €2,347 | €2,734 | +€387 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €30,793 | €12,558 | -€18,235 | -59.2% |
| Income taxes | 67/77 | €9,552 | €5,207 | -€4,345 | -45.5% |
| Profit (loss) for the period | 9904 | €21,240 | €7,351 | -€13,889 | -65.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,240 | €7,351 | -€13,889 | -65.4% |
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 15 October 2026 via checked.be.