Venly: 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.
Venly
Largest movements
- Current investments -€3.4m
down €3.4m (-52.1%), from €6.5m to €3.1m
- Cash +€766,447
up €766,447 (+355.5%), from €215,580 to €982,027
mainly Current investments (+€3.4m) and Receivables within one year (+€163,772)
- Receivables within one year -€163,772
down €163,772 (-21.3%), from €767,626 to €603,854
of which Other amounts receivable: -€162,125
- Profit (loss) carried forward -€2.6m
down €2.6m (-15.3%), from -€17.1m to -€19.8m
- Trade debts -€230,081
down €230,081 (-69.7%), from €329,929 to €99,847
- Gross operating margin +€1.1m
up €1.1m (+43.7%), from -€2.6m to -€1.4m
- Staff costs -€606,818
down €606,818 (-43.9%), from €1.4m to €775,139
- Financial income -€510,308
down €510,308 (-89.6%), from €569,750 to €59,442
- Financial charges +€316,665
up €316,665 (+390.5%), from €81,098 to €397,763
- Write-downs -€176,733
down €176,733, from €144,812 to -€31,921
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 | €7,819,589 | €4,954,847 | -€2.9m | -36.6% |
| Fixed assets | 21/28 | €296,542 | €212,102 | -€84,440 | -28.5% |
| Intangible fixed assets | 21 | €276,601 | €201,491 | -€75,110 | -27.2% |
| Tangible fixed assets | 22/27 | €19,941 | €9,434 | -€10,507 | -52.7% |
| Furniture and vehicles | 24 | €19,941 | €9,434 | -€10,507 | -52.7% |
| Financial fixed assets | 28 | €0 | €1,177 | +€1,177 | |
| Current assets | 29/58 | €7,523,047 | €4,742,745 | -€2.8m | -37.0% |
| Amounts receivable within one year | 40/41 | €767,626 | €603,854 | -€163,772 | -21.3% |
| Trade receivables | 40 | €8,343 | €6,695 | -€1,648 | -19.7% |
| Other amounts receivable | 41 | €759,283 | €597,159 | -€162,125 | -21.4% |
| Current investments | 50/53 | €6,468,920 | €3,096,810 | -€3.4m | -52.1% |
| Cash at bank and in hand | 54/58 | €215,580 | €982,027 | +€766,447 | +355.5% |
| Deferred charges and accrued income | 490/1 | €70,921 | €60,054 | -€10,867 | -15.3% |
| Total equity and liabilities | 10/49 | €7,819,589 | €4,954,847 | -€2.9m | -36.6% |
| Equity | 10/15 | €7,407,850 | €4,778,929 | -€2.6m | -35.5% |
| Contributions | 10/11 | €24,548,557 | €24,548,557 | = | 0.0% |
| Capital | 10 | €831,427 | €831,427 | = | 0.0% |
| Issued capital | 100 | €831,427 | €831,427 | = | 0.0% |
| Contributions outside capital | 11 | €23,717,130 | €23,717,130 | = | 0.0% |
| Share premium | 1100/10 | €23,717,130 | €23,717,130 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,140,707 | -€19,769,628 | -€2.6m | -15.3% |
| Amounts payable | 17/49 | €411,739 | €175,918 | -€235,821 | -57.3% |
| Amounts payable within one year | 42/48 | €398,846 | €171,671 | -€227,175 | -57.0% |
| Financial debts | 43 | €10,767 | €5,902 | -€4,865 | -45.2% |
| Credit institutions | 430/8 | €10,767 | €5,902 | -€4,865 | -45.2% |
| Trade debts | 44 | €329,929 | €99,847 | -€230,081 | -69.7% |
| Suppliers | 440/4 | €329,929 | €99,847 | -€230,081 | -69.7% |
| Taxes, remuneration and social security | 45 | €58,151 | €65,922 | +€7,771 | +13.4% |
| Taxes | 450/3 | €2,302 | €766 | -€1,535 | -66.7% |
| Remuneration and social security | 454/9 | €55,849 | €65,155 | +€9,306 | +16.7% |
| Accrued charges and deferred income | 492/3 | €12,893 | €4,247 | -€8,646 | -67.1% |
| Non-recurring operating income | 76A | €4,451 | €7,818 | +€3,368 | +75.7% |
| Remuneration, social security and pensions | 62 | €1,381,957 | €775,139 | -€606,818 | -43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,942 | €79,852 | -€8,090 | -9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €144,812 | -€31,921 | -€176,733 | |
| Other operating charges | 640/8 | €27,314 | €2,846 | -€24,468 | -89.6% |
| Non-recurring operating charges | 66A | €55,320 | €16,973 | -€38,347 | -69.3% |
| Gross operating margin | 9900 | -€2,559,962 | -€1,441,460 | +€1.1m | +43.7% |
| Operating profit (loss) | 9901 | -€4,257,307 | -€2,284,349 | +€2.0m | +46.3% |
| Financial income | 75/76B | €569,750 | €59,442 | -€510,308 | -89.6% |
| Recurring financial income | 75 | €569,750 | €59,442 | -€510,308 | -89.6% |
| Financial charges | 65/66B | €81,098 | €397,763 | +€316,665 | +390.5% |
| Recurring financial charges | 65 | €81,098 | €397,763 | +€316,665 | +390.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,768,655 | -€2,622,671 | +€1.1m | +30.4% |
| Income taxes | 67/77 | €1,082 | €6,250 | +€5,169 | +477.8% |
| Profit (loss) for the period | 9904 | -€3,769,736 | -€2,628,921 | +€1.1m | +30.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,769,736 | -€2,628,921 | +€1.1m | +30.3% |
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 9 October 2026 via checked.be.