VENIKWI: 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.
VENIKWI
Largest movements
- Cash -€19,512
down €19,512 (-99.8%), from €19,542 to €30
mainly Net result for the year (-€33,620) and Debts after one year (-€6,051)
- Tangible fixed assets -€18,465
down €18,465 (-37.5%), from €49,283 to €30,818
of which Furniture and vehicles: -€14,406
- Receivables within one year -€4,924
down €4,924 (-10.1%), from €48,877 to €43,953
of which Trade receivables: -€25,681
- Deferred charges and accrued income +€3,324
up €3,324 (+63.9%), from €5,203 to €8,527
- Profit (loss) carried forward -€33,620
down €33,620 (-95.8%), from €35,090 to €1,470
- Debts after one year -€6,051
down €6,051 (-27.5%), from €22,009 to €15,958
- Gross operating margin -€72,792
down €72,792, from €60,993 to -€11,799
- Taxes -€12,338
no longer reported in 2026 (was €12,338)
- Other operating charges -€3,166
down €3,166 (-75.1%), from €4,216 to €1,050
- Depreciation +€2,493
up €2,493 (+15.1%), from €16,472 to €18,965
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €278,857 | €238,780 | -€40,077 | -14.4% |
| Fixed assets | 21/28 | €52,435 | €33,470 | -€18,965 | -36.2% |
| Intangible fixed assets | 21 | €3,152 | €2,652 | -€500 | -15.9% |
| Tangible fixed assets | 22/27 | €49,283 | €30,818 | -€18,465 | -37.5% |
| Land and buildings | 22 | €1,101 | €550 | -€551 | -50.0% |
| Furniture and vehicles | 24 | €28,910 | €14,504 | -€14,406 | -49.8% |
| Other tangible fixed assets | 26 | €19,272 | €15,764 | -€3,508 | -18.2% |
| Current assets | 29/58 | €226,422 | €205,310 | -€21,112 | -9.3% |
| Amounts receivable after more than one year | 29 | €152,800 | €152,800 | = | 0.0% |
| Other amounts receivable | 291 | €152,800 | €152,800 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €48,877 | €43,953 | -€4,924 | -10.1% |
| Trade receivables | 40 | €26,268 | €587 | -€25,681 | -97.8% |
| Other amounts receivable | 41 | €22,609 | €43,366 | +€20,757 | +91.8% |
| Cash at bank and in hand | 54/58 | €19,542 | €30 | -€19,512 | -99.8% |
| Deferred charges and accrued income | 490/1 | €5,203 | €8,527 | +€3,324 | +63.9% |
| Total equity and liabilities | 10/49 | €278,857 | €238,780 | -€40,077 | -14.4% |
| Equity | 10/15 | €233,582 | €199,962 | -€33,620 | -14.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €192,292 | €192,292 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,832 | €11,832 | = | 0.0% |
| Distributable reserves | 133 | €180,460 | €180,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,090 | €1,470 | -€33,620 | -95.8% |
| Amounts payable | 17/49 | €45,275 | €38,818 | -€6,457 | -14.3% |
| Amounts payable after more than one year | 17 | €22,009 | €15,958 | -€6,051 | -27.5% |
| Financial debts | 170/4 | €22,009 | €15,958 | -€6,051 | -27.5% |
| Amounts payable within one year | 42/48 | €23,266 | €22,860 | -€406 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €10,567 | €10,849 | +€282 | +2.7% |
| Financial debts | 43 | €828 | €2,072 | +€1,244 | +150.2% |
| Credit institutions | 430/8 | €828 | €2,072 | +€1,244 | +150.2% |
| Trade debts | 44 | €7,235 | €7,119 | -€116 | -1.6% |
| Suppliers | 440/4 | €7,235 | €7,119 | -€116 | -1.6% |
| Taxes, remuneration and social security | 45 | €4,636 | €2,820 | -€1,816 | -39.2% |
| Taxes | 450/3 | €4,636 | €2,820 | -€1,816 | -39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,472 | €18,965 | +€2,493 | +15.1% |
| Other operating charges | 640/8 | €4,216 | €1,050 | -€3,166 | -75.1% |
| Gross operating margin | 9900 | €60,993 | -€11,799 | -€72,792 | |
| Operating profit (loss) | 9901 | €40,305 | -€31,814 | -€72,119 | |
| Financial income | 75/76B | €58 | €53 | -€5 | -8.6% |
| Recurring financial income | 75 | €58 | €53 | -€5 | -8.6% |
| Financial charges | 65/66B | €2,156 | €1,859 | -€297 | -13.8% |
| Recurring financial charges | 65 | €2,156 | €1,859 | -€297 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €38,207 | -€33,620 | -€71,827 | |
| Income taxes | 67/77 | €12,338 | - | -€12,338 | |
| Profit (loss) for the period | 9904 | €25,869 | -€33,620 | -€59,489 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,869 | -€33,620 | -€59,489 |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.