VENNEPARK: 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.
VENNEPARK
Largest movements
- Tangible fixed assets -€12,968
down €12,968 (-33.7%), from €38,437 to €25,469
of which Plant, machinery and equipment: -€8,422
- Receivables within one year +€8,382
up €8,382 (+34.4%), from €24,384 to €32,765
of which Trade receivables: +€8,594
- Cash -€5,578
down €5,578 (-12.7%), from €43,992 to €38,414
mainly Tax, wage and social debts (-€28,387) and Other debts (-€9,355)
- Deferred charges and accrued income +€3,150
new in 2025: €3,150
- Tax, wage and social debts -€28,387
down €28,387 (-73.7%), from €38,532 to €10,145
of which Remuneration and social security: -€16,666
- Trade debts +€27,276
up €27,276 (+76.3%), from €35,769 to €63,045
- Other debts -€9,355
down €9,355 (-26.9%), from €34,715 to €25,360
- Profit (loss) carried forward +€3,123
up €3,123 (+28.9%), from -€10,821 to -€7,699
- Gross operating margin +€15,775
up €15,775 (+4.0%), from €397,802 to €413,577
- Depreciation +€12,968
up €12,968, from €0 to €12,968
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 | €128,097 | €121,976 | -€6,121 | -4.8% |
| Fixed assets | 21/28 | €38,437 | €25,469 | -€12,968 | -33.7% |
| Tangible fixed assets | 22/27 | €38,437 | €25,469 | -€12,968 | -33.7% |
| Land and buildings | 22 | €9,876 | €8,778 | -€1,097 | -11.1% |
| Plant, machinery and equipment | 23 | €19,498 | €11,076 | -€8,422 | -43.2% |
| Furniture and vehicles | 24 | €9,064 | €5,615 | -€3,448 | -38.0% |
| Current assets | 29/58 | €89,659 | €96,507 | +€6,847 | +7.6% |
| Stocks and contracts in progress | 3 | €21,284 | €22,177 | +€893 | +4.2% |
| Stocks | 30/36 | €21,284 | €22,177 | +€893 | +4.2% |
| Amounts receivable within one year | 40/41 | €24,384 | €32,765 | +€8,382 | +34.4% |
| Trade receivables | 40 | €14,449 | €23,043 | +€8,594 | +59.5% |
| Other amounts receivable | 41 | €9,935 | €9,722 | -€212 | -2.1% |
| Cash at bank and in hand | 54/58 | €43,992 | €38,414 | -€5,578 | -12.7% |
| Deferred charges and accrued income | 490/1 | - | €3,150 | +€3,150 | |
| Total equity and liabilities | 10/49 | €128,097 | €121,976 | -€6,121 | -4.8% |
| Equity | 10/15 | €9,656 | €12,779 | +€3,123 | +32.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,878 | €1,878 | = | 0.0% |
| Distributable reserves | 133 | €1,878 | €1,878 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,821 | -€7,699 | +€3,123 | +28.9% |
| Amounts payable | 17/49 | €118,440 | €109,197 | -€9,243 | -7.8% |
| Amounts payable within one year | 42/48 | €118,440 | €109,197 | -€9,243 | -7.8% |
| Trade debts | 44 | €35,769 | €63,045 | +€27,276 | +76.3% |
| Suppliers | 440/4 | €35,769 | €63,045 | +€27,276 | +76.3% |
| Advances received on contracts in progress | 46 | €9,424 | €10,647 | +€1,222 | +13.0% |
| Taxes, remuneration and social security | 45 | €38,532 | €10,145 | -€28,387 | -73.7% |
| Taxes | 450/3 | €16,067 | €4,346 | -€11,720 | -72.9% |
| Remuneration and social security | 454/9 | €22,465 | €5,799 | -€16,666 | -74.2% |
| Other amounts payable | 47/48 | €34,715 | €25,360 | -€9,355 | -26.9% |
| Remuneration, social security and pensions | 62 | €394,330 | €396,307 | +€1,976 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €12,968 | +€12,968 | |
| Other operating charges | 640/8 | €750 | €266 | -€484 | -64.6% |
| Gross operating margin | 9900 | €397,802 | €413,577 | +€15,775 | +4.0% |
| Operating profit (loss) | 9901 | €2,721 | €4,037 | +€1,315 | +48.3% |
| Financial income | 75/76B | €54 | €229 | +€174 | +321.4% |
| Recurring financial income | 75 | €54 | €229 | +€174 | +321.4% |
| Financial charges | 65/66B | €624 | €1,142 | +€519 | +83.1% |
| Recurring financial charges | 65 | €624 | €1,142 | +€519 | +83.1% |
| Profit (loss) for the period before taxes | 9903 | €2,152 | €3,123 | +€971 | +45.1% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €2,152 | €3,123 | +€971 | +45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,152 | €3,123 | +€971 | +45.1% |
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 11 October 2026 via checked.be.