VENN: 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
VENN
NACE 62.200, Computer consultancy and computer facilities management
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€282,929
2024 · €106,367-€389,295
Equity
€1.1m
2024 · €428,155+€673,941
Cash
€453,072
2024 · €496,761-€43,689
Balance sheet total
€4.3m
2024 · €4.5m-€131,477
Largest movements
Assets
- Stocks and contracts -€390,216
down €390,216 (-47.5%), from €821,487 to €431,271
- Receivables within one year +€247,949
up €247,949 (+12.0%), from €2.1m to €2.3m
of which Trade receivables: +€182,793
- Intangible fixed assets +€136,755
up €136,755 (+47.9%), from €285,245 to €422,001
- Tangible fixed assets -€104,661
down €104,661 (-60.9%), from €171,823 to €67,162
of which Other tangible fixed assets: -€77,305
- Financial fixed assets +€89,601
up €89,601 (+16.5%), from €543,017 to €632,618
Equity and liabilities
- Trade debts -€961,928
down €961,928 (-70.7%), from €1.4m to €399,510
- Contributions +€956,870
up €956,870 (+372%), from €257,200 to €1.2m
- Profit (loss) carried forward -€282,929
down €282,929, from €152,162 to -€130,767
- Debts after one year +€89,447
up €89,447 (+159%), from €56,417 to €145,864
of which Other amounts payable: +€108,674
- Accrued charges and deferred income +€68,846
up €68,846 (+12.7%), from €543,855 to €612,701
Income statement
- Turnover -€1.1m
down €1.1m (-11.1%), from €9.6m to €8.5m
- Purchases and services -€943,744
down €943,744 (-11.6%), from €8.1m to €7.2m
- Staff costs +€182,850
up €182,850 (+17.6%), from €1.0m to €1.2m
- Gross operating margin -€121,509
down €121,509 (-8.2%), from €1.5m to €1.4m
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
€106,367
Gross operating margin
-€121,509
Staff costs
-€182,850
Depreciation
-€87,972
Write-downs
-€453
Other operating charges
+€7,728
Other operating items
+€1,646
Financial income
+€12,431
Financial charges
-€18,030
Taxes
-€287
Result 2025
-€282,929
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€677,791
Investment
-€390,234
Financing
+€1.0m
Cash 2024
€496,761
From operations (derived)
-€677,791
Net result for the year
-€282,929
Depreciation
+€268,539
Stocks and contracts
+€390,216
Receivables within one year
-€247,949
Deferred charges and accrued income
+€67,215
Trade debts
-€961,928
Tax, wage and social debts
+€12,595
Other debts
+€7,604
Accrued charges and deferred income
+€68,846
Investment (derived)
-€390,234
Investment in fixed assets (net)
-€390,234
Financing
+€1.0m
Debts after one year
+€89,447
Current portion of long-term debt
-€23,537
Short-term financial debts
+€1,555
Contributions, distributions and other
+€956,870
Cash 2025
€453,072
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,452,835 | €4,321,358 | -€131,477 | -3.0% |
| Fixed assets | 21/28 | €1,000,085 | €1,121,781 | +€121,695 | +12.2% |
| Intangible fixed assets | 21 | €285,245 | €422,001 | +€136,755 | +47.9% |
| Tangible fixed assets | 22/27 | €171,823 | €67,162 | -€104,661 | -60.9% |
| Furniture and vehicles | 24 | €56,483 | €29,127 | -€27,356 | -48.4% |
| Other tangible fixed assets | 26 | €115,341 | €38,036 | -€77,305 | -67.0% |
| Financial fixed assets | 28 | €543,017 | €632,618 | +€89,601 | +16.5% |
| Current assets | 29/58 | €3,452,749 | €3,199,578 | -€253,172 | -7.3% |
| Stocks and contracts in progress | 3 | €821,487 | €431,271 | -€390,216 | -47.5% |
| Stocks | 30/36 | €821,487 | €431,271 | -€390,216 | -47.5% |
| Amounts receivable within one year | 40/41 | €2,067,286 | €2,315,234 | +€247,949 | +12.0% |
| Trade receivables | 40 | €2,066,351 | €2,249,144 | +€182,793 | +8.8% |
| Other amounts receivable | 41 | €935 | €66,090 | +€65,156 | +6,970% |
| Cash at bank and in hand | 54/58 | €496,761 | €453,072 | -€43,689 | -8.8% |
| Deferred charges and accrued income | 490/1 | €67,215 | €0 | -€67,215 | -100% |
| Total equity and liabilities | 10/49 | €4,452,835 | €4,321,358 | -€131,477 | -3.0% |
| Equity | 10/15 | €428,155 | €1,102,096 | +€673,941 | +157% |
| Contributions | 10/11 | €257,200 | €1,214,070 | +€956,870 | +372% |
| Reserves | 13 | €18,793 | €18,793 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,793 | €18,793 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,793 | €18,793 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,162 | -€130,767 | -€282,929 | |
| Amounts payable | 17/49 | €4,024,680 | €3,219,262 | -€805,418 | -20.0% |
| Amounts payable after more than one year | 17 | €56,417 | €145,864 | +€89,447 | +159% |
| Financial debts | 170/4 | €33,413 | €14,186 | -€19,226 | -57.5% |
| Other amounts payable | 178/9 | €23,004 | €131,678 | +€108,674 | +472% |
| Amounts payable within one year | 42/48 | €3,424,408 | €2,460,697 | -€963,711 | -28.1% |
| Current portion of amounts payable after more than one year | 42 | €1,332,281 | €1,308,744 | -€23,537 | -1.8% |
| Financial debts | 43 | €507,798 | €509,353 | +€1,555 | +0.3% |
| Other loans | 439 | €507,798 | €509,353 | +€1,555 | +0.3% |
| Trade debts | 44 | €1,361,438 | €399,510 | -€961,928 | -70.7% |
| Suppliers | 440/4 | €1,361,438 | €399,510 | -€961,928 | -70.7% |
| Taxes, remuneration and social security | 45 | €219,579 | €232,174 | +€12,595 | +5.7% |
| Taxes | 450/3 | €93,216 | €37,495 | -€55,721 | -59.8% |
| Remuneration and social security | 454/9 | €126,363 | €194,679 | +€68,316 | +54.1% |
| Other amounts payable | 47/48 | €3,312 | €10,916 | +€7,604 | +230% |
| Accrued charges and deferred income | 492/3 | €543,855 | €612,701 | +€68,846 | +12.7% |
| Turnover | 70 | €9,587,477 | €8,525,360 | -€1.1m | -11.1% |
| Non-recurring operating income | 76A | - | €9,524 | +€9,524 | |
| Goods, raw materials, services and sundry goods | 60/61 | €8,112,990 | €7,169,246 | -€943,744 | -11.6% |
| Remuneration, social security and pensions | 62 | €1,036,561 | €1,219,411 | +€182,850 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180,567 | €268,539 | +€87,972 | +48.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €453 | +€453 | |
| Other operating charges | 640/8 | €23,093 | €15,365 | -€7,728 | -33.5% |
| Non-recurring operating charges | 66A | €1,646 | €0 | -€1,646 | -100% |
| Gross operating margin | 9900 | €1,487,373 | €1,365,863 | -€121,509 | -8.2% |
| Operating profit (loss) | 9901 | €245,505 | -€137,904 | -€383,409 | |
| Financial income | 75/76B | €20,880 | €33,311 | +€12,431 | +59.5% |
| Recurring financial income | 75 | €20,880 | €33,311 | +€12,431 | +59.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €157,305 | €175,335 | +€18,030 | +11.5% |
| Recurring financial charges | 65 | €157,305 | €144,855 | -€12,450 | -7.9% |
| Non-recurring financial charges | 66B | - | €30,480 | +€30,480 | |
| Profit (loss) for the period before taxes | 9903 | €109,080 | -€279,929 | -€389,008 | |
| Income taxes | 67/77 | €2,713 | €3,000 | +€287 | +10.6% |
| Profit (loss) for the period | 9904 | €106,367 | -€282,929 | -€389,295 | |
| Profit (loss) for the period to be appropriated | 9905 | €106,367 | -€282,929 | -€389,295 |
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 14 October 2026 via checked.be.