VENISE: 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.
VENISE
Largest movements
- Receivables within one year -€9,193
down €9,193 (-40.6%), from €22,646 to €13,453
of which Other amounts receivable: -€9,081
- Cash +€3,890
up €3,890 (+10.0%), from €38,860 to €42,750
mainly Receivables within one year (+€9,193) and Depreciation (+€4,426)
- Tangible fixed assets -€3,858
down €3,858 (-75.5%), from €5,108 to €1,250
of which Other tangible fixed assets: -€3,366
- Profit (loss) carried forward -€8,822
down €8,822 (-21.1%), from €41,849 to €33,027
- Trade debts -€832
down €832 (-97.6%), from €852 to €20
- Other debts +€807
up €807 (+9.8%), from €8,272 to €9,079
- Gross operating margin -€18,244
down €18,244, from €15,584 to -€2,660
- Depreciation -€7,834
down €7,834 (-63.9%), from €12,260 to €4,426
- Taxes -€942
down €942 (-48.5%), from €1,942 to €1,000
- Financial charges -€166
down €166 (-58.7%), from €282 to €117
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 | €70,597 | €61,436 | -€9,161 | -13.0% |
| Fixed assets | 21/28 | €9,091 | €5,233 | -€3,858 | -42.4% |
| Tangible fixed assets | 22/27 | €5,108 | €1,250 | -€3,858 | -75.5% |
| Plant, machinery and equipment | 23 | €933 | €1,250 | +€317 | +34.0% |
| Furniture and vehicles | 24 | €809 | - | -€809 | |
| Other tangible fixed assets | 26 | €3,366 | - | -€3,366 | |
| Financial fixed assets | 28 | €3,983 | €3,983 | = | 0.0% |
| Current assets | 29/58 | €61,506 | €56,203 | -€5,303 | -8.6% |
| Amounts receivable within one year | 40/41 | €22,646 | €13,453 | -€9,193 | -40.6% |
| Trade receivables | 40 | €12,699 | €12,587 | -€113 | -0.9% |
| Other amounts receivable | 41 | €9,947 | €866 | -€9,081 | -91.3% |
| Cash at bank and in hand | 54/58 | €38,860 | €42,750 | +€3,890 | +10.0% |
| Total equity and liabilities | 10/49 | €70,597 | €61,436 | -€9,161 | -13.0% |
| Equity | 10/15 | €61,039 | €52,217 | -€8,822 | -14.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €598 | €598 | = | 0.0% |
| Non-distributable reserves | 130/1 | €598 | €598 | = | 0.0% |
| Reserves not available under the articles | 1311 | €598 | €598 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,849 | €33,027 | -€8,822 | -21.1% |
| Amounts payable | 17/49 | €9,558 | €9,219 | -€339 | -3.5% |
| Amounts payable within one year | 42/48 | €9,558 | €9,219 | -€339 | -3.5% |
| Trade debts | 44 | €852 | €20 | -€832 | -97.6% |
| Suppliers | 440/4 | €852 | €20 | -€832 | -97.6% |
| Taxes, remuneration and social security | 45 | €434 | €120 | -€314 | -72.3% |
| Taxes | 450/3 | €434 | €120 | -€314 | -72.3% |
| Other amounts payable | 47/48 | €8,272 | €9,079 | +€807 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,260 | €4,426 | -€7,834 | -63.9% |
| Other operating charges | 640/8 | €645 | €619 | -€25 | -3.9% |
| Gross operating margin | 9900 | €15,584 | -€2,660 | -€18,244 | |
| Operating profit (loss) | 9901 | €2,679 | -€7,705 | -€10,384 | |
| Financial charges | 65/66B | €282 | €117 | -€166 | -58.7% |
| Recurring financial charges | 65 | €282 | €117 | -€166 | -58.7% |
| Profit (loss) for the period before taxes | 9903 | €2,397 | -€7,822 | -€10,219 | |
| Income taxes | 67/77 | €1,942 | €1,000 | -€942 | -48.5% |
| Profit (loss) for the period | 9904 | €455 | -€8,822 | -€9,277 | |
| Profit (loss) for the period to be appropriated | 9905 | €455 | -€8,822 | -€9,277 |
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 2 October 2026 via checked.be.