Vendura: 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.
Vendura
Largest movements
- Receivables within one year -€54,518
down €54,518 (-49.9%), from €109,231 to €54,713
of which Other amounts receivable: -€65,208
- Cash +€36,670
up €36,670 (+15.3%), from €239,403 to €276,073
mainly Net result for the year (+€110,505) and Depreciation (+€57,498)
- Debts after one year -€169,463
down €169,463 (-17.0%), from €997,670 to €828,208
of which Other amounts payable: -€100,000
- Reserves +€110,500
up €110,500 (+76.0%), from €145,380 to €255,880
- Trade debts +€15,377
up €15,377 (+8.7%), from €175,924 to €191,301
- Gross operating margin -€337,965
down €337,965 (-28.8%), from €1.2m to €835,072
- Staff costs -€259,087
down €259,087 (-30.6%), from €847,989 to €588,902
- Financial charges -€19,903
down €19,903 (-39.0%), from €51,031 to €31,128
- Taxes -€19,454
down €19,454 (-25.8%), from €75,533 to €56,079
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 | €1,473,571 | €1,444,083 | -€29,488 | -2.0% |
| Fixed assets | 21/28 | €218,367 | €214,633 | -€3,733 | -1.7% |
| Intangible fixed assets | 21 | €71,940 | €63,562 | -€8,379 | -11.6% |
| Tangible fixed assets | 22/27 | €146,121 | €150,766 | +€4,645 | +3.2% |
| Plant, machinery and equipment | 23 | €37,832 | €36,076 | -€1,757 | -4.6% |
| Furniture and vehicles | 24 | €43,047 | €30,012 | -€13,035 | -30.3% |
| Other tangible fixed assets | 26 | €65,241 | €84,679 | +€19,437 | +29.8% |
| Financial fixed assets | 28 | €305 | €305 | = | 0.0% |
| Current assets | 29/58 | €1,255,204 | €1,229,449 | -€25,755 | -2.1% |
| Stocks and contracts in progress | 3 | €878,383 | €867,691 | -€10,692 | -1.2% |
| Stocks | 30/36 | €878,383 | €867,691 | -€10,692 | -1.2% |
| Amounts receivable within one year | 40/41 | €109,231 | €54,713 | -€54,518 | -49.9% |
| Trade receivables | 40 | €8,813 | €19,502 | +€10,689 | +121% |
| Other amounts receivable | 41 | €100,418 | €35,210 | -€65,208 | -64.9% |
| Cash at bank and in hand | 54/58 | €239,403 | €276,073 | +€36,670 | +15.3% |
| Deferred charges and accrued income | 490/1 | €28,188 | €30,973 | +€2,785 | +9.9% |
| Total equity and liabilities | 10/49 | €1,473,571 | €1,444,083 | -€29,488 | -2.0% |
| Equity | 10/15 | €150,382 | €260,887 | +€110,505 | +73.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €145,380 | €255,880 | +€110,500 | +76.0% |
| Distributable reserves | 133 | €145,380 | €255,880 | +€110,500 | +76.0% |
| Profit (loss) carried forward | 14 | €2 | €7 | +€5 | +234% |
| Amounts payable | 17/49 | €1,323,189 | €1,183,195 | -€139,993 | -10.6% |
| Amounts payable after more than one year | 17 | €997,670 | €828,208 | -€169,463 | -17.0% |
| Financial debts | 170/4 | €347,670 | €278,208 | -€69,463 | -20.0% |
| Other amounts payable | 178/9 | €650,000 | €550,000 | -€100,000 | -15.4% |
| Amounts payable within one year | 42/48 | €325,430 | €354,900 | +€29,470 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €66,902 | €69,463 | +€2,560 | +3.8% |
| Trade debts | 44 | €175,924 | €191,301 | +€15,377 | +8.7% |
| Suppliers | 440/4 | €175,924 | €191,301 | +€15,377 | +8.7% |
| Taxes, remuneration and social security | 45 | €60,210 | €60,045 | -€164 | -0.3% |
| Taxes | 450/3 | €21,477 | €22,249 | +€772 | +3.6% |
| Remuneration and social security | 454/9 | €38,733 | €37,796 | -€937 | -2.4% |
| Other amounts payable | 47/48 | €22,394 | €34,091 | +€11,697 | +52.2% |
| Accrued charges and deferred income | 492/3 | €88 | €88 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €847,989 | €588,902 | -€259,087 | -30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,992 | €57,498 | -€5,494 | -8.7% |
| Other operating charges | 640/8 | €1,542 | €855 | -€687 | -44.6% |
| Gross operating margin | 9900 | €1,173,037 | €835,072 | -€337,965 | -28.8% |
| Operating profit (loss) | 9901 | €260,514 | €187,817 | -€72,697 | -27.9% |
| Financial income | 75/76B | €11,431 | €9,895 | -€1,536 | -13.4% |
| Recurring financial income | 75 | €11,431 | €9,895 | -€1,536 | -13.4% |
| Financial charges | 65/66B | €51,031 | €31,128 | -€19,903 | -39.0% |
| Recurring financial charges | 65 | €51,031 | €31,128 | -€19,903 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €220,915 | €166,585 | -€54,331 | -24.6% |
| Income taxes | 67/77 | €75,533 | €56,079 | -€19,454 | -25.8% |
| Profit (loss) for the period | 9904 | €145,382 | €110,505 | -€34,877 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €145,382 | €110,505 | -€34,877 | -24.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.