Venbo Projects: 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.
Venbo Projects
Largest movements
- Receivables within one year -€74,381
down €74,381 (-86.8%), from €85,644 to €11,263
of which Trade receivables: -€74,381
- Cash +€43,157
up €43,157 (+74.5%), from €57,930 to €101,086
mainly Receivables within one year (+€74,381) and Tax, wage and social debts (+€20,357)
- Tangible fixed assets +€25,627
up €25,627 (+46.0%), from €55,651 to €81,278
of which Furniture and vehicles: +€26,447
- Trade debts -€34,523
down €34,523 (-96.0%), from €35,979 to €1,456
- Tax, wage and social debts +€20,357
up €20,357 (+56.0%), from €36,329 to €56,687
- Profit (loss) carried forward +€18,731
up €18,731 (+20.3%), from €92,462 to €111,193
- Debts after one year -€6,000
down €6,000 (-31.5%), from €19,064 to €13,064
- Other debts -€3,856
no longer reported in 2024 (was €3,856)
- Gross operating margin -€52,911
down €52,911 (-56.8%), from €93,136 to €40,224
- Taxes -€11,490
no longer reported in 2024 (was €11,490)
- Depreciation +€6,541
up €6,541 (+55.3%), from €11,832 to €18,373
- Other operating charges -€2,264
down €2,264 (-63.9%), from €3,541 to €1,277
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €200,113 | €194,515 | -€5,598 | -2.8% |
| Fixed assets | 21/28 | €56,539 | €82,166 | +€25,627 | +45.3% |
| Tangible fixed assets | 22/27 | €55,651 | €81,278 | +€25,627 | +46.0% |
| Plant, machinery and equipment | 23 | €10,723 | €9,903 | -€820 | -7.7% |
| Furniture and vehicles | 24 | €44,928 | €71,376 | +€26,447 | +58.9% |
| Financial fixed assets | 28 | €888 | €888 | = | 0.0% |
| Current assets | 29/58 | €143,574 | €112,349 | -€31,225 | -21.7% |
| Amounts receivable within one year | 40/41 | €85,644 | €11,263 | -€74,381 | -86.8% |
| Trade receivables | 40 | €85,604 | €11,223 | -€74,381 | -86.9% |
| Other amounts receivable | 41 | €40 | €40 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €57,930 | €101,086 | +€43,157 | +74.5% |
| Total equity and liabilities | 10/49 | €200,113 | €194,515 | -€5,598 | -2.8% |
| Equity | 10/15 | €96,462 | €115,193 | +€18,731 | +19.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,462 | €111,193 | +€18,731 | +20.3% |
| Amounts payable | 17/49 | €103,651 | €79,322 | -€24,329 | -23.5% |
| Amounts payable after more than one year | 17 | €19,064 | €13,064 | -€6,000 | -31.5% |
| Financial debts | 170/4 | €19,064 | €13,064 | -€6,000 | -31.5% |
| Amounts payable within one year | 42/48 | €84,587 | €66,258 | -€18,329 | -21.7% |
| Current portion of amounts payable after more than one year | 42 | €6,307 | €6,000 | -€307 | -4.9% |
| Financial debts | 43 | €2,115 | €2,115 | = | 0.0% |
| Credit institutions | 430/8 | €2,115 | €2,115 | = | 0.0% |
| Trade debts | 44 | €35,979 | €1,456 | -€34,523 | -96.0% |
| Suppliers | 440/4 | €35,979 | €1,456 | -€34,523 | -96.0% |
| Taxes, remuneration and social security | 45 | €36,329 | €56,687 | +€20,357 | +56.0% |
| Taxes | 450/3 | €36,329 | €56,687 | +€20,357 | +56.0% |
| Other amounts payable | 47/48 | €3,856 | - | -€3,856 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,832 | €18,373 | +€6,541 | +55.3% |
| Other operating charges | 640/8 | €3,541 | €1,277 | -€2,264 | -63.9% |
| Gross operating margin | 9900 | €93,136 | €40,224 | -€52,911 | -56.8% |
| Operating profit (loss) | 9901 | €77,763 | €20,575 | -€57,188 | -73.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,024 | €1,843 | -€180 | -8.9% |
| Recurring financial charges | 65 | €2,024 | €1,843 | -€180 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €75,739 | €18,731 | -€57,008 | -75.3% |
| Income taxes | 67/77 | €11,490 | - | -€11,490 | |
| Profit (loss) for the period | 9904 | €64,249 | €18,731 | -€45,518 | -70.8% |
| Profit (loss) for the period to be appropriated | 9905 | €64,249 | €18,731 | -€45,518 | -70.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.