REDVENTURE: 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.
REDVENTURE
Largest movements
- Stocks and contracts -€308,929
no longer reported in 2025 (was €308,929)
- Cash +€149,813
up €149,813 (+809,800%), from €19 to €149,831
mainly Stocks and contracts (+€308,929) and Tax, wage and social debts (+€77,208)
- Current portion of long-term debt -€226,547
no longer reported in 2025 (was €226,547)
- Tax, wage and social debts +€77,208
new in 2025: €77,208
- Other debts -€20,008
no longer reported in 2025 (was €20,008)
- Trade debts +€11,651
up €11,651 (+1,607%), from €725 to €12,376
- Gross operating margin +€16,462
up €16,462, from -€1,866 to €14,596
- Financial charges +€15,224
up €15,224 (+2,082%), from €731 to €15,955
- Other operating charges -€387
down €387 (-86.2%), from €449 to €62
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 | €309,383 | €150,266 | -€159,116 | -51.4% |
| Current assets | 29/58 | €309,383 | €150,266 | -€159,116 | -51.4% |
| Stocks and contracts in progress | 3 | €308,929 | - | -€308,929 | |
| Contracts in progress | 37 | €308,929 | - | -€308,929 | |
| Amounts receivable within one year | 40/41 | €435 | €435 | = | 0.0% |
| Other amounts receivable | 41 | €435 | €435 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19 | €149,831 | +€149,813 | +809,800% |
| Total equity and liabilities | 10/49 | €309,383 | €150,266 | -€159,116 | -51.4% |
| Equity | 10/15 | €62,103 | €60,682 | -€1,421 | -2.3% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,897 | -€14,318 | -€1,421 | -11.0% |
| Amounts payable | 17/49 | €247,279 | €89,584 | -€157,695 | -63.8% |
| Amounts payable within one year | 42/48 | €247,279 | €89,584 | -€157,695 | -63.8% |
| Current portion of amounts payable after more than one year | 42 | €226,547 | - | -€226,547 | |
| Trade debts | 44 | €725 | €12,376 | +€11,651 | +1,607% |
| Suppliers | 440/4 | €725 | €12,376 | +€11,651 | +1,607% |
| Taxes, remuneration and social security | 45 | - | €77,208 | +€77,208 | |
| Taxes | 450/3 | - | €77,208 | +€77,208 | |
| Other amounts payable | 47/48 | €20,008 | - | -€20,008 | |
| Other operating charges | 640/8 | €449 | €62 | -€387 | -86.2% |
| Gross operating margin | 9900 | -€1,866 | €14,596 | +€16,462 | |
| Operating profit (loss) | 9901 | -€2,316 | €14,534 | +€16,850 | |
| Financial charges | 65/66B | €731 | €15,955 | +€15,224 | +2,082% |
| Recurring financial charges | 65 | €731 | €15,955 | +€15,224 | +2,082% |
| Profit (loss) for the period before taxes | 9903 | -€3,047 | -€1,421 | +€1,625 | +53.3% |
| Profit (loss) for the period | 9904 | -€3,047 | -€1,421 | +€1,625 | +53.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,047 | -€1,421 | +€1,625 | +53.3% |
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 16 October 2026 via checked.be.