VENDA: 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.
VENDA
Largest movements
- Receivables within one year +€2,004
up €2,004 (+12.8%), from €15,675 to €17,679
of which Other amounts receivable: +€2,148
- Cash -€424
down €424 (-83.8%), from €505 to €82
mainly Receivables within one year (-€2,004) and Tax, wage and social debts (-€27)
- Reserves +€1,121
up €1,121 (+21.0%), from €5,339 to €6,459
- Trade debts +€487
up €487, from €0 to €487
No income-statement line moved by more than 1% of the activity.
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 | €16,180 | €17,761 | +€1,580 | +9.8% |
| Current assets | 29/58 | €16,180 | €17,761 | +€1,580 | +9.8% |
| Amounts receivable within one year | 40/41 | €15,675 | €17,679 | +€2,004 | +12.8% |
| Trade receivables | 40 | €144 | €0 | -€144 | -100.0% |
| Other amounts receivable | 41 | €15,531 | €17,679 | +€2,148 | +13.8% |
| Cash at bank and in hand | 54/58 | €505 | €82 | -€424 | -83.8% |
| Total equity and liabilities | 10/49 | €16,180 | €17,761 | +€1,580 | +9.8% |
| Equity | 10/15 | €15,254 | €16,375 | +€1,121 | +7.3% |
| Contributions | 10/11 | €9,916 | €9,916 | = | 0.0% |
| Reserves | 13 | €5,339 | €6,459 | +€1,121 | +21.0% |
| Distributable reserves | 133 | €5,339 | €6,459 | +€1,121 | +21.0% |
| Amounts payable | 17/49 | €926 | €1,385 | +€460 | +49.6% |
| Amounts payable within one year | 42/48 | €926 | €1,385 | +€460 | +49.6% |
| Trade debts | 44 | €0 | €487 | +€487 | |
| Suppliers | 440/4 | €0 | €487 | +€487 | |
| Taxes, remuneration and social security | 45 | €926 | €899 | -€27 | -2.9% |
| Taxes | 450/3 | €926 | €899 | -€27 | -2.9% |
| Other operating charges | 640/8 | €549 | €562 | +€12 | +2.3% |
| Gross operating margin | 9900 | €2,290 | €2,272 | -€19 | -0.8% |
| Operating profit (loss) | 9901 | €1,741 | €1,710 | -€31 | -1.8% |
| Financial charges | 65/66B | €182 | €181 | -€1 | -0.8% |
| Recurring financial charges | 65 | €182 | €181 | -€1 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €1,558 | €1,529 | -€30 | -1.9% |
| Income taxes | 67/77 | €425 | €408 | -€17 | -3.9% |
| Profit (loss) for the period | 9904 | €1,134 | €1,121 | -€13 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,134 | €1,121 | -€13 | -1.1% |
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 11 October 2026 via checked.be.