VENIO: 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.
VENIO
Largest movements
- Receivables after one year -€31,000
down €31,000 (-100%), from €31,000 to €0
- Receivables within one year -€27,657
down €27,657 (-35.7%), from €77,380 to €49,723
of which Other amounts receivable: -€26,445
- Cash +€21,660
up €21,660 (+8.6%), from €252,948 to €274,607
mainly Net result for the year (+€47,756) and Receivables after one year (+€31,000)
- Current investments +€17,000
up €17,000 (+44.7%), from €38,000 to €55,000
- Reserves -€29,244
down €29,244 (-8.6%), from €339,274 to €310,030
of which Distributable reserves: -€29,244
- Staff costs -€36,590
down €36,590 (-10.1%), from €361,180 to €324,590
- Gross operating margin -€25,233
down €25,233 (-5.9%), from €427,602 to €402,369
- Taxes +€7,137
up €7,137 (+41.9%), from €17,016 to €24,154
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 | €467,747 | €443,766 | -€23,981 | -5.1% |
| Fixed assets | 21/28 | €62,973 | €59,273 | -€3,700 | -5.9% |
| Tangible fixed assets | 22/27 | €62,954 | €59,254 | -€3,700 | -5.9% |
| Land and buildings | 22 | €55,512 | €52,834 | -€2,679 | -4.8% |
| Furniture and vehicles | 24 | €7,442 | €6,420 | -€1,021 | -13.7% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €404,775 | €384,494 | -€20,281 | -5.0% |
| Amounts receivable after more than one year | 29 | €31,000 | €0 | -€31,000 | -100% |
| Other amounts receivable | 291 | €31,000 | €0 | -€31,000 | -100% |
| Amounts receivable within one year | 40/41 | €77,380 | €49,723 | -€27,657 | -35.7% |
| Trade receivables | 40 | €40,201 | €38,988 | -€1,212 | -3.0% |
| Other amounts receivable | 41 | €37,179 | €10,734 | -€26,445 | -71.1% |
| Current investments | 50/53 | €38,000 | €55,000 | +€17,000 | +44.7% |
| Cash at bank and in hand | 54/58 | €252,948 | €274,607 | +€21,660 | +8.6% |
| Deferred charges and accrued income | 490/1 | €5,447 | €5,164 | -€283 | -5.2% |
| Total equity and liabilities | 10/49 | €467,747 | €443,766 | -€23,981 | -5.1% |
| Equity | 10/15 | €388,774 | €359,530 | -€29,244 | -7.5% |
| Contributions | 10/11 | €49,500 | €49,500 | = | 0.0% |
| Reserves | 13 | €339,274 | €310,030 | -€29,244 | -8.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €339,274 | €310,030 | -€29,244 | -8.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €78,973 | €84,236 | +€5,263 | +6.7% |
| Amounts payable within one year | 42/48 | €78,973 | €84,236 | +€5,263 | +6.7% |
| Trade debts | 44 | €13,658 | €13,132 | -€526 | -3.9% |
| Suppliers | 440/4 | €13,658 | €13,132 | -€526 | -3.9% |
| Taxes, remuneration and social security | 45 | €65,315 | €67,939 | +€2,624 | +4.0% |
| Taxes | 450/3 | €7,700 | €8,400 | +€700 | +9.1% |
| Remuneration and social security | 454/9 | €57,615 | €59,539 | +€1,924 | +3.3% |
| Other amounts payable | 47/48 | - | €3,165 | +€3,165 | |
| Non-recurring operating income | 76A | €4,356 | €0 | -€4,356 | -100% |
| Remuneration, social security and pensions | 62 | €361,180 | €324,590 | -€36,590 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,298 | €3,700 | -€598 | -13.9% |
| Other operating charges | 640/8 | €5,081 | €3,254 | -€1,827 | -35.9% |
| Gross operating margin | 9900 | €427,602 | €402,369 | -€25,233 | -5.9% |
| Operating profit (loss) | 9901 | €57,044 | €70,824 | +€13,781 | +24.2% |
| Financial income | 75/76B | €2,316 | €5,452 | +€3,136 | +135% |
| Recurring financial income | 75 | €2,316 | €5,452 | +€3,136 | +135% |
| Financial charges | 65/66B | €4,140 | €4,367 | +€227 | +5.5% |
| Recurring financial charges | 65 | €4,140 | €4,367 | +€227 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €55,220 | €71,910 | +€16,690 | +30.2% |
| Income taxes | 67/77 | €17,016 | €24,154 | +€7,137 | +41.9% |
| Profit (loss) for the period | 9904 | €38,204 | €47,756 | +€9,553 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €38,204 | €47,756 | +€9,553 | +25.0% |
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 15 October 2026 via checked.be.