VENITIEN: 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.
What changed
VENITIEN
NACE 56.111, Full-service restaurants
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€25,586
2024 · -€43,479+€17,892
Equity
€15,544
2024 · €41,130-€25,586
Cash
€111,283
2024 · €116,905-€5,622
Balance sheet total
€513,863
2024 · €608,192-€94,330
Largest movements
Assets
- Tangible fixed assets -€75,520
down €75,520 (-17.2%), from €438,352 to €362,832
Equity and liabilities
- Debts after one year -€61,118
down €61,118 (-23.5%), from €260,605 to €199,487
- Other debts -€35,179
down €35,179 (-31.9%), from €110,192 to €75,013
- Profit (loss) carried forward -€25,586
down €25,586 (-18.8%), from -€136,283 to -€161,869
- Trade debts +€20,705
up €20,705 (+19.8%), from €104,432 to €125,137
Income statement
- Staff costs -€11,263
down €11,263 (-1.6%), from €711,889 to €700,626
- Gross operating margin +€10,113
up €10,113 (+1.3%), from €793,393 to €803,506
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.
Result 2024
-€43,479
Gross operating margin
+€10,113
Staff costs
+€11,263
Depreciation
-€2,359
Other operating charges
+€2,028
Financial income
-€420
Financial charges
-€2,709
Taxes
-€23
Result 2025
-€25,586
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.
From operations
+€83,380
Investment
-€28,763
Financing
-€60,238
Cash 2024
€116,905
From operations (derived)
+€83,380
Net result for the year
-€25,586
Depreciation
+€110,483
Receivables within one year
+€5,591
Deferred charges and accrued income
+€1,397
Trade debts
+€20,705
Tax, wage and social debts
+€5,969
Other debts
-€35,179
Investment (derived)
-€28,763
Investment in fixed assets (net)
-€28,763
Financing
-€60,238
Debts after one year
-€61,118
Current portion of long-term debt
+€879
Cash 2025
€111,283
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €608,192 | €513,863 | -€94,330 | -15.5% |
| Formation expenses | 20 | €4,162 | €3,099 | -€1,063 | -25.5% |
| Fixed assets | 21/28 | €458,473 | €377,815 | -€80,657 | -17.6% |
| Intangible fixed assets | 21 | €20,121 | €14,984 | -€5,137 | -25.5% |
| Tangible fixed assets | 22/27 | €438,352 | €362,832 | -€75,520 | -17.2% |
| Plant, machinery and equipment | 23 | €126,183 | €109,575 | -€16,608 | -13.2% |
| Furniture and vehicles | 24 | €104,045 | €77,407 | -€26,638 | -25.6% |
| Other tangible fixed assets | 26 | €208,124 | €175,850 | -€32,274 | -15.5% |
| Current assets | 29/58 | €145,558 | €132,948 | -€12,610 | -8.7% |
| Stocks and contracts in progress | 3 | €15,000 | €15,000 | = | 0.0% |
| Stocks | 30/36 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,193 | €2,602 | -€5,591 | -68.2% |
| Trade receivables | 40 | €859 | €1,638 | +€779 | +90.6% |
| Other amounts receivable | 41 | €7,334 | €964 | -€6,370 | -86.9% |
| Cash at bank and in hand | 54/58 | €116,905 | €111,283 | -€5,622 | -4.8% |
| Deferred charges and accrued income | 490/1 | €5,460 | €4,063 | -€1,397 | -25.6% |
| Total equity and liabilities | 10/49 | €608,192 | €513,863 | -€94,330 | -15.5% |
| Equity | 10/15 | €41,130 | €15,544 | -€25,586 | -62.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €158,813 | €158,813 | = | 0.0% |
| Distributable reserves | 133 | €158,813 | €158,813 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€136,283 | -€161,869 | -€25,586 | -18.8% |
| Amounts payable | 17/49 | €567,063 | €498,319 | -€68,744 | -12.1% |
| Amounts payable after more than one year | 17 | €260,605 | €199,487 | -€61,118 | -23.5% |
| Financial debts | 170/4 | €260,605 | €199,487 | -€61,118 | -23.5% |
| Amounts payable within one year | 42/48 | €306,458 | €298,832 | -€7,626 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €60,238 | €61,118 | +€879 | +1.5% |
| Trade debts | 44 | €104,432 | €125,137 | +€20,705 | +19.8% |
| Suppliers | 440/4 | €104,432 | €125,137 | +€20,705 | +19.8% |
| Taxes, remuneration and social security | 45 | €31,595 | €37,564 | +€5,969 | +18.9% |
| Taxes | 450/3 | €10,428 | €9,589 | -€839 | -8.0% |
| Remuneration and social security | 454/9 | €21,167 | €27,975 | +€6,808 | +32.2% |
| Other amounts payable | 47/48 | €110,192 | €75,013 | -€35,179 | -31.9% |
| Remuneration, social security and pensions | 62 | €711,889 | €700,626 | -€11,263 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,124 | €110,483 | +€2,359 | +2.2% |
| Other operating charges | 640/8 | €11,038 | €9,010 | -€2,028 | -18.4% |
| Gross operating margin | 9900 | €793,393 | €803,506 | +€10,113 | +1.3% |
| Operating profit (loss) | 9901 | -€37,658 | -€16,613 | +€21,045 | +55.9% |
| Financial income | 75/76B | €601 | €181 | -€420 | -69.8% |
| Recurring financial income | 75 | €601 | €181 | -€420 | -69.8% |
| Financial charges | 65/66B | €6,391 | €9,100 | +€2,709 | +42.4% |
| Recurring financial charges | 65 | €6,391 | €9,100 | +€2,709 | +42.4% |
| Profit (loss) for the period before taxes | 9903 | -€43,447 | -€25,532 | +€17,915 | +41.2% |
| Income taxes | 67/77 | €32 | €54 | +€23 | +71.5% |
| Profit (loss) for the period | 9904 | -€43,479 | -€25,586 | +€17,892 | +41.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,479 | -€25,586 | +€17,892 | +41.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.