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VENERI: 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.

What changed

VENERI

BE 0634.615.570
NACE 30.120, Manufacture of other transport equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€4,628
2024 · -€129,428+€124,800
Equity
-€690,710
2024 · -€686,082-€4,628
Cash
€109
2024 · €142-€33
Balance sheet total
€119,005
2024 · €121,816-€2,812

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€2,454

    down €2,454 (-100.0%), from €2,454 to €0

Equity and liabilities
  • Profit (loss) carried forward -€4,628

    down €4,628 (-0.7%), from -€704,682 to -€709,310

  • Current portion of long-term debt +€2,100

    up €2,100 (+0.3%), from €804,400 to €806,500

Income statement
  • Depreciation -€124,444

    down €124,444 (-98.1%), from €126,898 to €2,454

  • Other operating charges -€388

    down €388 (-67.6%), from €574 to €186

  • Gross operating margin -€31

    down €31 (-1.6%), from -€1,918 to -€1,948

From the 2024 result to the 2025 result

effect on the 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 -€129,428
Gross operating margin -€31
Depreciation +€124,444
Other operating charges +€388
Financial charges -€1
Result 2025 -€4,628

Cash bridge derived

cash 2024 to 2025

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 -€2,133
Investment €0
Financing +€2,100
Cash 2024 €142
Net result for the year -€4,628
Depreciation +€2,454
Receivables within one year +€325
Trade debts -€284
Current portion of long-term debt +€2,100
Cash 2025 €109
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €121,816 €119,005 -€2,812 -2.3%
Fixed assets 21/28 €2,454 €0 -€2,454 -100.0%
Tangible fixed assets 22/27 €2,454 €0 -€2,454 -100.0%
Furniture and vehicles 24 €2,454 €0 -€2,454 -100.0%
Current assets 29/58 €119,363 €119,005 -€358 -0.3%
Stocks and contracts in progress 3 €109,522 €109,522 = 0.0%
Stocks 30/36 €109,522 €109,522 = 0.0%
Amounts receivable within one year 40/41 €9,699 €9,374 -€325 -3.4%
Trade receivables 40 €9,325 €9,325 = 0.0%
Other amounts receivable 41 €374 €49 -€325 -86.9%
Cash at bank and in hand 54/58 €142 €109 -€33 -23.2%
Total equity and liabilities 10/49 €121,816 €119,005 -€2,812 -2.3%
Equity 10/15 -€686,082 -€690,710 -€4,628 -0.7%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€704,682 -€709,310 -€4,628 -0.7%
Amounts payable 17/49 €807,898 €809,715 +€1,816 +0.2%
Amounts payable within one year 42/48 €807,898 €809,715 +€1,816 +0.2%
Current portion of amounts payable after more than one year 42 €804,400 €806,500 +€2,100 +0.3%
Trade debts 44 €540 €256 -€284 -52.6%
Suppliers 440/4 €540 €256 -€284 -52.6%
Other amounts payable 47/48 €2,959 €2,959 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €126,898 €2,454 -€124,444 -98.1%
Other operating charges 640/8 €574 €186 -€388 -67.6%
Gross operating margin 9900 -€1,918 -€1,948 -€31 -1.6%
Operating profit (loss) 9901 -€129,389 -€4,588 +€124,801 +96.5%
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €39 €40 +€1 +3.5%
Recurring financial charges 65 €39 €40 +€1 +3.5%
Profit (loss) for the period before taxes 9903 -€129,428 -€4,628 +€124,800 +96.4%
Profit (loss) for the period 9904 -€129,428 -€4,628 +€124,800 +96.4%
Profit (loss) for the period to be appropriated 9905 -€129,428 -€4,628 +€124,800 +96.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.