Supernova 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.
What changed
Supernova Ventures
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€513,631
2024 · €566,617-€52,986
Equity
€4.0m
2024 · €3.5m+€513,631
Cash
€29,290
2024 · €35,912-€6,622
Balance sheet total
€8.0m
2024 · €7.7m+€268,953
Largest movements
Assets
- Receivables after one year +€189,864
up €189,864 (+61.2%), from €310,467 to €500,331
Equity and liabilities
- Reserves +€513,631
up €513,631 (+27.1%), from €1.9m to €2.4m
- Debts after one year -€414,465
down €414,465 (-12.3%), from €3.4m to €3.0m
- Accrued charges and deferred income +€98,712
up €98,712 (+33.8%), from €292,393 to €391,105
Income statement
- Financial income -€45,039
down €45,039 (-22.0%), from €205,174 to €160,135
- Gross operating margin -€13,149
down €13,149 (-2.2%), from €609,177 to €596,028
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.
Result 2024
€566,617
Gross operating margin
-€13,149
Depreciation
-€345
Other operating charges
+€130
Financial income
-€45,039
Financial charges
+€4,422
Taxes
+€995
Result 2025
€513,631
raises the resultlowers the result
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.
From operations
+€379,674
Investment
-€17,000
Financing
-€369,297
Cash 2024
€35,912
From operations (derived)
+€379,674
Net result for the year
+€513,631
Depreciation
+€345
Receivables after one year
-€189,864
Receivables within one year
-€63,935
Deferred charges and accrued income
-€5,121
Trade debts
+€4,696
Tax, wage and social debts
+€21,210
Accrued charges and deferred income
+€98,712
Investment (derived)
-€17,000
Investment in fixed assets (net)
-€17,000
Financing
-€369,297
Debts after one year
-€414,465
Current portion of long-term debt
+€45,169
Cash 2025
€29,290
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,685,406 | €7,954,359 | +€268,953 | +3.5% |
| Fixed assets | 21/28 | €7,202,839 | €7,219,494 | +€16,655 | +0.2% |
| Tangible fixed assets | 22/27 | - | €16,655 | +€16,655 | |
| Plant, machinery and equipment | 23 | - | €16,655 | +€16,655 | |
| Financial fixed assets | 28 | €7,202,839 | €7,202,839 | = | 0.0% |
| Current assets | 29/58 | €482,567 | €734,865 | +€252,298 | +52.3% |
| Amounts receivable after more than one year | 29 | €310,467 | €500,331 | +€189,864 | +61.2% |
| Other amounts receivable | 291 | €310,467 | €500,331 | +€189,864 | +61.2% |
| Amounts receivable within one year | 40/41 | €131,014 | €194,949 | +€63,935 | +48.8% |
| Trade receivables | 40 | €22,500 | €22,500 | = | 0.0% |
| Other amounts receivable | 41 | €108,514 | €172,449 | +€63,935 | +58.9% |
| Cash at bank and in hand | 54/58 | €35,912 | €29,290 | -€6,622 | -18.4% |
| Deferred charges and accrued income | 490/1 | €5,174 | €10,296 | +€5,121 | +99.0% |
| Total equity and liabilities | 10/49 | €7,685,406 | €7,954,359 | +€268,953 | +3.5% |
| Equity | 10/15 | €3,520,530 | €4,034,160 | +€513,631 | +14.6% |
| Contributions | 10/11 | €1,624,404 | €1,624,404 | = | 0.0% |
| Reserves | 13 | €1,896,125 | €2,409,756 | +€513,631 | +27.1% |
| Distributable reserves | 133 | €1,896,125 | €2,409,756 | +€513,631 | +27.1% |
| Amounts payable | 17/49 | €4,164,876 | €3,920,199 | -€244,678 | -5.9% |
| Amounts payable after more than one year | 17 | €3,379,144 | €2,964,678 | -€414,465 | -12.3% |
| Financial debts | 170/4 | €3,379,144 | €2,964,678 | -€414,465 | -12.3% |
| Amounts payable within one year | 42/48 | €493,340 | €564,415 | +€71,075 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €447,807 | €492,975 | +€45,169 | +10.1% |
| Trade debts | 44 | €23,328 | €28,024 | +€4,696 | +20.1% |
| Suppliers | 440/4 | €23,328 | €28,024 | +€4,696 | +20.1% |
| Taxes, remuneration and social security | 45 | €22,206 | €43,416 | +€21,210 | +95.5% |
| Taxes | 450/3 | €22,206 | €43,416 | +€21,210 | +95.5% |
| Accrued charges and deferred income | 492/3 | €292,393 | €391,105 | +€98,712 | +33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €345 | +€345 | |
| Other operating charges | 640/8 | €1,257 | €1,126 | -€130 | -10.4% |
| Gross operating margin | 9900 | €609,177 | €596,028 | -€13,149 | -2.2% |
| Operating profit (loss) | 9901 | €607,921 | €594,557 | -€13,364 | -2.2% |
| Financial income | 75/76B | €205,174 | €160,135 | -€45,039 | -22.0% |
| Recurring financial income | 75 | €205,174 | €160,135 | -€45,039 | -22.0% |
| Financial charges | 65/66B | €124,273 | €119,851 | -€4,422 | -3.6% |
| Recurring financial charges | 65 | €124,273 | €119,851 | -€4,422 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €688,822 | €634,841 | -€53,981 | -7.8% |
| Income taxes | 67/77 | €122,206 | €121,210 | -€995 | -0.8% |
| Profit (loss) for the period | 9904 | €566,617 | €513,631 | -€52,986 | -9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €566,617 | €513,631 | -€52,986 | -9.4% |
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 24 October 2026 via checked.be.