RENEWABLE VENTURES FUND: 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.
RENEWABLE VENTURES FUND
Largest movements
- Receivables within one year -€20,415
down €20,415 (-29.5%), from €69,292 to €48,877
- Other debts -€12,406
down €12,406 (-40.2%), from €30,847 to €18,441
- Profit (loss) carried forward -€8,002
down €8,002 (-12.7%), from -€62,928 to -€70,930
- Gross operating margin +€1,379
up €1,379 (+48.7%), from -€2,831 to -€1,452
- Financial charges -€602
down €602 (-9.2%), from €6,545 to €5,943
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 | €249,371 | €228,963 | -€20,408 | -8.2% |
| Fixed assets | 21/28 | €180,000 | €180,000 | = | 0.0% |
| Financial fixed assets | 28 | €180,000 | €180,000 | = | 0.0% |
| Current assets | 29/58 | €69,371 | €48,963 | -€20,408 | -29.4% |
| Amounts receivable within one year | 40/41 | €69,292 | €48,877 | -€20,415 | -29.5% |
| Other amounts receivable | 41 | €69,292 | €48,877 | -€20,415 | -29.5% |
| Cash at bank and in hand | 54/58 | €79 | €86 | +€7 | +8.9% |
| Total equity and liabilities | 10/49 | €249,371 | €228,963 | -€20,408 | -8.2% |
| Equity | 10/15 | €117,072 | €109,070 | -€8,002 | -6.8% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,928 | -€70,930 | -€8,002 | -12.7% |
| Amounts payable | 17/49 | €132,299 | €119,893 | -€12,406 | -9.4% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €30,847 | €18,441 | -€12,406 | -40.2% |
| Other amounts payable | 47/48 | €30,847 | €18,441 | -€12,406 | -40.2% |
| Accrued charges and deferred income | 492/3 | €1,452 | €1,452 | = | 0.0% |
| Other operating charges | 640/8 | €590 | €607 | +€17 | +2.9% |
| Gross operating margin | 9900 | -€2,831 | -€1,452 | +€1,379 | +48.7% |
| Operating profit (loss) | 9901 | -€3,421 | -€2,059 | +€1,362 | +39.8% |
| Financial charges | 65/66B | €6,545 | €5,943 | -€602 | -9.2% |
| Recurring financial charges | 65 | €6,545 | €5,943 | -€602 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,966 | -€8,002 | +€1,964 | +19.7% |
| Profit (loss) for the period | 9904 | -€9,966 | -€8,002 | +€1,964 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,966 | -€8,002 | +€1,964 | +19.7% |
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 19 October 2026 via checked.be.