VENICE BELGIUM: 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.
VENICE BELGIUM
Largest movements
- Cash -€2,300
down €2,300 (-81.0%), from €2,840 to €540
mainly Net result for the year (-€27,603) and Receivables within one year (-€1,132)
- Receivables within one year +€1,132
new in 2024: €1,132
- Tangible fixed assets -€386
down €386 (-50.0%), from €772 to €386
- Profit (loss) carried forward -€27,603
down €27,603 (-212%), from -€13,046 to -€40,649
- Other debts +€26,307
up €26,307 (+188%), from €13,962 to €40,269
- Trade debts -€258
down €258 (-37.0%), from €697 to €439
- Staff costs +€15,806
new in 2024: €15,806
- Purchases and services +€12,987
up €12,987 (+193%), from €6,724 to €19,711
- Turnover +€8,239
up €8,239 (+841%), from €980 to €9,219
- Gross operating margin -€4,749
down €4,749 (-82.7%), from -€5,744 to -€10,493
- Other operating charges +€730
up €730 (+664%), from €110 to €841
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.
Derived cash bridge
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 | €3,612 | €2,058 | -€1,554 | -43.0% |
| Fixed assets | 21/28 | €772 | €386 | -€386 | -50.0% |
| Tangible fixed assets | 22/27 | €772 | €386 | -€386 | -50.0% |
| Plant, machinery and equipment | 23 | €772 | €386 | -€386 | -50.0% |
| Current assets | 29/58 | €2,840 | €1,672 | -€1,168 | -41.1% |
| Amounts receivable within one year | 40/41 | - | €1,132 | +€1,132 | |
| Other amounts receivable | 41 | - | €1,132 | +€1,132 | |
| Cash at bank and in hand | 54/58 | €2,840 | €540 | -€2,300 | -81.0% |
| Total equity and liabilities | 10/49 | €3,612 | €2,058 | -€1,554 | -43.0% |
| Equity | 10/15 | -€11,046 | -€38,649 | -€27,603 | -250% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,046 | -€40,649 | -€27,603 | -212% |
| Amounts payable | 17/49 | €14,659 | €40,708 | +€26,049 | +178% |
| Amounts payable within one year | 42/48 | €14,659 | €40,708 | +€26,049 | +178% |
| Trade debts | 44 | €697 | €439 | -€258 | -37.0% |
| Suppliers | 440/4 | €697 | €439 | -€258 | -37.0% |
| Other amounts payable | 47/48 | €13,962 | €40,269 | +€26,307 | +188% |
| Turnover | 70 | €980 | €9,219 | +€8,239 | +841% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,724 | €19,711 | +€12,987 | +193% |
| Remuneration, social security and pensions | 62 | - | €15,806 | +€15,806 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €386 | €386 | = | 0.0% |
| Other operating charges | 640/8 | €110 | €841 | +€730 | +664% |
| Gross operating margin | 9900 | -€5,744 | -€10,493 | -€4,749 | -82.7% |
| Operating profit (loss) | 9901 | -€6,240 | -€27,525 | -€21,285 | -341% |
| Financial charges | 65/66B | €60 | €78 | +€18 | +29.5% |
| Recurring financial charges | 65 | €60 | €78 | +€18 | +29.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,300 | -€27,603 | -€21,303 | -338% |
| Profit (loss) for the period | 9904 | -€6,300 | -€27,603 | -€21,303 | -338% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,300 | -€27,603 | -€21,303 | -338% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.