VENETIS: 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.
VENETIS
Largest movements
- Tangible fixed assets +€24,917
up €24,917 (+34.7%), from €71,826 to €96,743
of which Furniture and vehicles: +€28,239
- Receivables within one year +€19,092
up €19,092 (+2057.5%), from €928 to €20,020
of which Trade receivables: +€20,020
- Cash +€5,758
up €5,758 (+10.3%), from €55,874 to €61,632
mainly Net result for the year (+€53,519) and Other debts (+€44,304)
- Other debts +€44,304
up €44,304 (+99.3%), from €44,599 to €88,903
- Reserves -€18,585
down €18,585 (-100.0%), from €18,585 to €0
- Debts after one year +€10,940
up €10,940 (+20.6%), from €53,031 to €63,972
- Tax, wage and social debts +€7,277
up €7,277 (+2511.8%), from €290 to €7,567
- Current portion of long-term debt +€4,528
up €4,528 (+82.2%), from €5,508 to €10,036
- Gross operating margin +€52,642
up €52,642 (+155.6%), from €33,833 to €86,475
- Taxes +€13,458
up €13,458 (+179.5%), from €7,498 to €20,956
- Depreciation +€3,154
up €3,154 (+72.5%), from €4,349 to €7,502
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 | €129,156 | €178,519 | +€49,362 | +38.2% |
| Fixed assets | 21/28 | €71,826 | €96,743 | +€24,917 | +34.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €71,826 | €96,743 | +€24,917 | +34.7% |
| Land and buildings | 22 | €71,826 | €68,504 | -€3,322 | -4.6% |
| Furniture and vehicles | 24 | - | €28,239 | +€28,239 | |
| Current assets | 29/58 | €57,330 | €81,776 | +€24,445 | +42.6% |
| Amounts receivable within one year | 40/41 | €928 | €20,020 | +€19,092 | +2057.5% |
| Trade receivables | 40 | €0 | €20,020 | +€20,020 | |
| Other amounts receivable | 41 | €928 | €0 | -€928 | -100.0% |
| Cash at bank and in hand | 54/58 | €55,874 | €61,632 | +€5,758 | +10.3% |
| Deferred charges and accrued income | 490/1 | €528 | €123 | -€405 | -76.6% |
| Total equity and liabilities | 10/49 | €129,156 | €178,519 | +€49,362 | +38.2% |
| Equity | 10/15 | €23,585 | €5,000 | -€18,585 | -78.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €18,585 | €0 | -€18,585 | -100.0% |
| Distributable reserves | 133 | €18,585 | €0 | -€18,585 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €105,571 | €173,519 | +€67,947 | +64.4% |
| Amounts payable after more than one year | 17 | €53,031 | €63,972 | +€10,940 | +20.6% |
| Financial debts | 170/4 | €53,031 | €63,972 | +€10,940 | +20.6% |
| Amounts payable within one year | 42/48 | €52,540 | €109,337 | +€56,797 | +108.1% |
| Current portion of amounts payable after more than one year | 42 | €5,508 | €10,036 | +€4,528 | +82.2% |
| Trade debts | 44 | €2,143 | €2,830 | +€687 | +32.0% |
| Suppliers | 440/4 | €2,143 | €2,830 | +€687 | +32.0% |
| Taxes, remuneration and social security | 45 | €290 | €7,567 | +€7,277 | +2511.8% |
| Taxes | 450/3 | €290 | €7,567 | +€7,277 | +2511.8% |
| Other amounts payable | 47/48 | €44,599 | €88,903 | +€44,304 | +99.3% |
| Accrued charges and deferred income | 492/3 | - | €210 | +€210 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,349 | €7,502 | +€3,154 | +72.5% |
| Other operating charges | 640/8 | €2,061 | €2,901 | +€841 | +40.8% |
| Gross operating margin | 9900 | €33,833 | €86,475 | +€52,642 | +155.6% |
| Operating profit (loss) | 9901 | €27,424 | €76,072 | +€48,648 | +177.4% |
| Financial income | 75/76B | €253 | €286 | +€34 | +13.4% |
| Recurring financial income | 75 | €253 | €286 | +€34 | +13.4% |
| Financial charges | 65/66B | €1,593 | €1,884 | +€290 | +18.2% |
| Recurring financial charges | 65 | €1,593 | €1,884 | +€290 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | €26,083 | €74,475 | +€48,392 | +185.5% |
| Income taxes | 67/77 | €7,498 | €20,956 | +€13,458 | +179.5% |
| Profit (loss) for the period | 9904 | €18,585 | €53,519 | +€34,933 | +188.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,585 | €53,519 | +€34,933 | +188.0% |
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 8 October 2026 via checked.be.