VENNEHOF: 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.
VENNEHOF
Largest movements
- Cash +€39,460
up €39,460 (+51.0%), from €77,400 to €116,860
mainly Net result for the year (+€41,329) and Tax, wage and social debts (+€3,307)
- Reserves +€38,000
up €38,000 (+54.7%), from €69,500 to €107,500
- Tax, wage and social debts +€3,307
up €3,307 (+28.7%), from €11,536 to €14,843
- Gross operating margin +€1,617
up €1,617 (+2.6%), from €62,651 to €64,268
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 | €152,341 | €193,638 | +€41,297 | +27.1% |
| Fixed assets | 21/28 | €71,966 | €71,821 | -€145 | -0.2% |
| Tangible fixed assets | 22/27 | €71,966 | €71,821 | -€145 | -0.2% |
| Land and buildings | 22 | €71,319 | €71,319 | = | 0.0% |
| Plant, machinery and equipment | 23 | €647 | €502 | -€145 | -22.4% |
| Current assets | 29/58 | €80,375 | €121,817 | +€41,442 | +51.6% |
| Stocks and contracts in progress | 3 | €2,372 | €2,650 | +€278 | +11.7% |
| Stocks | 30/36 | €2,372 | €2,650 | +€278 | +11.7% |
| Amounts receivable within one year | 40/41 | €603 | €2,307 | +€1,704 | +283% |
| Trade receivables | 40 | €180 | €1,884 | +€1,704 | +947% |
| Other amounts receivable | 41 | €423 | €423 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €77,400 | €116,860 | +€39,460 | +51.0% |
| Total equity and liabilities | 10/49 | €152,341 | €193,638 | +€41,297 | +27.1% |
| Equity | 10/15 | €125,242 | €163,371 | +€38,129 | +30.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Revaluation surpluses | 12 | €53,367 | €53,367 | = | 0.0% |
| Reserves | 13 | €69,500 | €107,500 | +€38,000 | +54.7% |
| Distributable reserves | 133 | €69,500 | €107,500 | +€38,000 | +54.7% |
| Profit (loss) carried forward | 14 | €375 | €504 | +€129 | +34.4% |
| Amounts payable | 17/49 | €27,099 | €30,267 | +€3,168 | +11.7% |
| Amounts payable within one year | 42/48 | €27,099 | €30,267 | +€3,168 | +11.7% |
| Trade debts | 44 | €2,162 | €343 | -€1,819 | -84.1% |
| Suppliers | 440/4 | €2,162 | €343 | -€1,819 | -84.1% |
| Taxes, remuneration and social security | 45 | €11,536 | €14,843 | +€3,307 | +28.7% |
| Taxes | 450/3 | €11,536 | €14,843 | +€3,307 | +28.7% |
| Other amounts payable | 47/48 | €13,401 | €15,081 | +€1,680 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220 | €145 | -€75 | -34.1% |
| Other operating charges | 640/8 | €2,924 | €3,006 | +€82 | +2.8% |
| Gross operating margin | 9900 | €62,651 | €64,268 | +€1,617 | +2.6% |
| Operating profit (loss) | 9901 | €59,507 | €61,117 | +€1,610 | +2.7% |
| Financial income | 75/76B | €1 | €5 | +€4 | +400% |
| Recurring financial income | 75 | €1 | €5 | +€4 | +400% |
| Financial charges | 65/66B | €453 | €903 | +€450 | +99.3% |
| Recurring financial charges | 65 | €453 | €903 | +€450 | +99.3% |
| Profit (loss) for the period before taxes | 9903 | €59,055 | €60,219 | +€1,164 | +2.0% |
| Income taxes | 67/77 | €18,592 | €18,890 | +€298 | +1.6% |
| Profit (loss) for the period | 9904 | €40,463 | €41,329 | +€866 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,463 | €41,329 | +€866 | +2.1% |
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.