VENIKA: 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.
VENIKA
Largest movements
- Receivables within one year +€146,699
up €146,699 (+597%), from €24,582 to €171,281
of which Trade receivables: +€143,199
- Cash +€29,193
up €29,193 (+110%), from €26,614 to €55,806
mainly Advances received (+€155,855) and Trade debts (+€28,966)
- Deferred charges and accrued income +€9,194
up €9,194 (+1,582%), from €581 to €9,776
- Advances received +€155,855
new in 2025: €155,855
- Trade debts +€28,966
up €28,966 (+646%), from €4,481 to €33,446
- Accrued charges and deferred income -€10,825
no longer reported in 2025 (was €10,825)
- Reserves +€6,332
up €6,332 (+32.5%), from €19,457 to €25,788
- Tax, wage and social debts +€3,975
up €3,975 (+32.6%), from €12,175 to €16,150
- Gross operating margin -€19,557
down €19,557 (-57.3%), from €34,125 to €14,568
- Taxes -€8,200
down €8,200 (-67.4%), from €12,175 to €3,975
- Financial charges +€379
up €379 (+28.7%), from €1,318 to €1,697
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 | €57,913 | €241,768 | +€183,855 | +317% |
| Fixed assets | 21/28 | €6,136 | €4,905 | -€1,231 | -20.1% |
| Tangible fixed assets | 22/27 | €6,136 | €4,905 | -€1,231 | -20.1% |
| Plant, machinery and equipment | 23 | €1,400 | €696 | -€704 | -50.3% |
| Furniture and vehicles | 24 | €4,736 | €4,209 | -€528 | -11.1% |
| Current assets | 29/58 | €51,777 | €236,863 | +€185,086 | +357% |
| Amounts receivable within one year | 40/41 | €24,582 | €171,281 | +€146,699 | +597% |
| Trade receivables | 40 | €24,582 | €167,782 | +€143,199 | +583% |
| Other amounts receivable | 41 | - | €3,500 | +€3,500 | |
| Cash at bank and in hand | 54/58 | €26,614 | €55,806 | +€29,193 | +110% |
| Deferred charges and accrued income | 490/1 | €581 | €9,776 | +€9,194 | +1,582% |
| Total equity and liabilities | 10/49 | €57,913 | €241,768 | +€183,855 | +317% |
| Equity | 10/15 | €25,132 | €31,464 | +€6,332 | +25.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €19,457 | €25,788 | +€6,332 | +32.5% |
| Distributable reserves | 133 | €19,457 | €25,788 | +€6,332 | +32.5% |
| Profit (loss) carried forward | 14 | €2,675 | €2,675 | = | 0.0% |
| Amounts payable | 17/49 | €32,781 | €210,305 | +€177,523 | +542% |
| Amounts payable within one year | 42/48 | €21,957 | €210,305 | +€188,348 | +858% |
| Trade debts | 44 | €4,481 | €33,446 | +€28,966 | +646% |
| Suppliers | 440/4 | €4,481 | €33,446 | +€28,966 | +646% |
| Advances received on contracts in progress | 46 | - | €155,855 | +€155,855 | |
| Taxes, remuneration and social security | 45 | €12,175 | €16,150 | +€3,975 | +32.6% |
| Taxes | 450/3 | €12,175 | €16,150 | +€3,975 | +32.6% |
| Other amounts payable | 47/48 | €5,301 | €4,854 | -€447 | -8.4% |
| Accrued charges and deferred income | 492/3 | €10,825 | - | -€10,825 | |
| Remuneration, social security and pensions | 62 | €320 | - | -€320 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,231 | €1,231 | = | 0.0% |
| Other operating charges | 640/8 | €1,136 | €1,334 | +€198 | +17.4% |
| Gross operating margin | 9900 | €34,125 | €14,568 | -€19,557 | -57.3% |
| Operating profit (loss) | 9901 | €31,438 | €12,003 | -€19,435 | -61.8% |
| Financial charges | 65/66B | €1,318 | €1,697 | +€379 | +28.7% |
| Recurring financial charges | 65 | €1,318 | €1,697 | +€379 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | €30,120 | €10,306 | -€19,814 | -65.8% |
| Income taxes | 67/77 | €12,175 | €3,975 | -€8,200 | -67.4% |
| Profit (loss) for the period | 9904 | €17,945 | €6,332 | -€11,614 | -64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,945 | €6,332 | -€11,614 | -64.7% |
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 21 October 2026 via checked.be.