Pull 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.
Pull ventures
Largest movements
- Cash -€34,944
down €34,944 (-93.3%), from €37,449 to €2,505
mainly Other debts (-€34,296) and Tax, wage and social debts (-€7,726)
- Receivables within one year -€7,861
down €7,861 (-56.9%), from €13,805 to €5,944
of which Trade receivables: -€7,391
- Deferred charges and accrued income +€610
up €610 (+234.6%), from €260 to €870
- Other debts -€34,296
down €34,296 (-92.0%), from €37,260 to €2,964
- Tax, wage and social debts -€7,726
down €7,726 (-100.0%), from €7,726 to €0
- Gross operating margin -€97,181
down €97,181 (-98.7%), from €98,471 to €1,290
- Taxes -€24,493
down €24,493 (-97.5%), from €25,121 to €628
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 | €51,514 | €9,319 | -€42,195 | -81.9% |
| Current assets | 29/58 | €51,514 | €9,319 | -€42,195 | -81.9% |
| Amounts receivable within one year | 40/41 | €13,805 | €5,944 | -€7,861 | -56.9% |
| Trade receivables | 40 | €9,934 | €2,543 | -€7,391 | -74.4% |
| Other amounts receivable | 41 | €3,871 | €3,401 | -€469 | -12.1% |
| Cash at bank and in hand | 54/58 | €37,449 | €2,505 | -€34,944 | -93.3% |
| Deferred charges and accrued income | 490/1 | €260 | €870 | +€610 | +234.6% |
| Total equity and liabilities | 10/49 | €51,514 | €9,319 | -€42,195 | -81.9% |
| Equity | 10/15 | €5,597 | €5,489 | -€109 | -1.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €3,597 | €3,489 | -€109 | -3.0% |
| Distributable reserves | 133 | €3,597 | €3,489 | -€109 | -3.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €45,917 | €3,830 | -€42,086 | -91.7% |
| Amounts payable within one year | 42/48 | €45,917 | €3,830 | -€42,086 | -91.7% |
| Trade debts | 44 | €930 | €866 | -€64 | -6.9% |
| Suppliers | 440/4 | €930 | €866 | -€64 | -6.9% |
| Taxes, remuneration and social security | 45 | €7,726 | €0 | -€7,726 | -100.0% |
| Taxes | 450/3 | €7,726 | €0 | -€7,726 | -100.0% |
| Other amounts payable | 47/48 | €37,260 | €2,964 | -€34,296 | -92.0% |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €638 | €654 | +€16 | +2.5% |
| Gross operating margin | 9900 | €98,471 | €1,290 | -€97,181 | -98.7% |
| Operating profit (loss) | 9901 | €97,833 | €636 | -€97,197 | -99.3% |
| Financial income | 75/76B | €524 | €99 | -€425 | -81.2% |
| Recurring financial income | 75 | €524 | €99 | -€425 | -81.2% |
| Financial charges | 65/66B | €780 | €216 | -€564 | -72.3% |
| Recurring financial charges | 65 | €780 | €216 | -€564 | -72.3% |
| Profit (loss) for the period before taxes | 9903 | €97,577 | €519 | -€97,058 | -99.5% |
| Income taxes | 67/77 | €25,121 | €628 | -€24,493 | -97.5% |
| Profit (loss) for the period | 9904 | €72,456 | -€109 | -€72,565 | |
| Profit (loss) for the period to be appropriated | 9905 | €72,456 | -€109 | -€72,565 |
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 8 October 2026 via checked.be.