VENOVA: what changed
Two fiscal 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.
VENOVA
Largest movements
- Receivables within one year +€17,512
up €17,512 (+90.5%), from €19,340 to €36,852
of which Trade receivables: +€9,848
- Cash -€1,101
down €1,101 (-6.6%), from €16,621 to €15,520
mainly Receivables within one year (-€17,512) and Investment in fixed assets (net) (-€537)
- Trade debts +€13,379
up €13,379 (+419.4%), from €3,190 to €16,569
- Reserves +€3,778
up €3,778 (+17.2%), from €22,029 to €25,807
- Gross operating margin -€11,805
down €11,805 (-60.9%), from €19,396 to €7,590
- Taxes -€3,219
down €3,219 (-53.9%), from €5,975 to €2,756
- Other operating charges +€408
up €408 (+158.2%), from €258 to €666
- Financial charges +€231
up €231 (+143.6%), from €161 to €391
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,961 | €52,779 | +€16,817 | +46.8% |
| Fixed assets | 21/28 | - | €407 | +€407 | |
| Tangible fixed assets | 22/27 | - | €407 | +€407 | |
| Furniture and vehicles | 24 | - | €407 | +€407 | |
| Current assets | 29/58 | €35,961 | €52,372 | +€16,411 | +45.6% |
| Amounts receivable within one year | 40/41 | €19,340 | €36,852 | +€17,512 | +90.5% |
| Trade receivables | 40 | €13,437 | €23,285 | +€9,848 | +73.3% |
| Other amounts receivable | 41 | €5,903 | €13,567 | +€7,664 | +129.8% |
| Cash at bank and in hand | 54/58 | €16,621 | €15,520 | -€1,101 | -6.6% |
| Total equity and liabilities | 10/49 | €35,961 | €52,779 | +€16,817 | +46.8% |
| Equity | 10/15 | €23,029 | €26,807 | +€3,778 | +16.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €22,029 | €25,807 | +€3,778 | +17.2% |
| Distributable reserves | 133 | €22,029 | €25,807 | +€3,778 | +17.2% |
| Amounts payable | 17/49 | €12,932 | €25,971 | +€13,039 | +100.8% |
| Amounts payable within one year | 42/48 | €12,932 | €25,971 | +€13,039 | +100.8% |
| Current portion of amounts payable after more than one year | 42 | €3,377 | €3,377 | +€0 | 0.0% |
| Trade debts | 44 | €3,190 | €16,569 | +€13,379 | +419.4% |
| Suppliers | 440/4 | €3,190 | €16,569 | +€13,379 | +419.4% |
| Taxes, remuneration and social security | 45 | €6,050 | €6,025 | -€25 | -0.4% |
| Taxes | 450/3 | €6,050 | €6,025 | -€25 | -0.4% |
| Other amounts payable | 47/48 | €315 | - | -€315 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €130 | +€130 | |
| Other operating charges | 640/8 | €258 | €666 | +€408 | +158.2% |
| Gross operating margin | 9900 | €19,396 | €7,590 | -€11,805 | -60.9% |
| Operating profit (loss) | 9901 | €19,138 | €6,794 | -€12,344 | -64.5% |
| Financial income | 75/76B | €94 | €132 | +€38 | +40.6% |
| Recurring financial income | 75 | €94 | €132 | +€38 | +40.6% |
| Financial charges | 65/66B | €161 | €391 | +€231 | +143.6% |
| Recurring financial charges | 65 | €161 | €391 | +€231 | +143.6% |
| Profit (loss) for the period before taxes | 9903 | €19,071 | €6,534 | -€12,537 | -65.7% |
| Income taxes | 67/77 | €5,975 | €2,756 | -€3,219 | -53.9% |
| Profit (loss) for the period | 9904 | €13,095 | €3,778 | -€9,317 | -71.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,095 | €3,778 | -€9,317 | -71.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.