Vens: 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.
Vens
Largest movements
- Tangible fixed assets -€10,555
down €10,555 (-3.8%), from €276,139 to €265,584
of which Land and buildings: -€9,892
- Debts after one year -€8,575
down €8,575 (-7.8%), from €109,518 to €100,942
of which Financial debts: -€8,575
- Reserves -€3,245
down €3,245 (-2.1%), from €152,486 to €149,241
- Gross operating margin -€17,706
down €17,706 (-33.4%), from €53,049 to €35,343
- Taxes -€3,409
down €3,409 (-94.5%), from €3,606 to €197
- Depreciation -€1,612
down €1,612 (-13.3%), from €12,167 to €10,555
- Financial charges -€1,181
down €1,181 (-24.4%), from €4,838 to €3,657
- Other operating charges +€806
up €806 (+157%), from €512 to €1,318
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 | €314,859 | €303,812 | -€11,047 | -3.5% |
| Fixed assets | 21/28 | €276,139 | €265,584 | -€10,555 | -3.8% |
| Tangible fixed assets | 22/27 | €276,139 | €265,584 | -€10,555 | -3.8% |
| Land and buildings | 22 | €274,170 | €264,277 | -€9,892 | -3.6% |
| Plant, machinery and equipment | 23 | €1,673 | €1,307 | -€366 | -21.9% |
| Furniture and vehicles | 24 | €296 | €0 | -€296 | -100% |
| Current assets | 29/58 | €38,720 | €38,228 | -€492 | -1.3% |
| Stocks and contracts in progress | 3 | €1,399 | €1,293 | -€105 | -7.5% |
| Stocks | 30/36 | €1,399 | €1,293 | -€105 | -7.5% |
| Amounts receivable within one year | 40/41 | €34,465 | €33,430 | -€1,035 | -3.0% |
| Trade receivables | 40 | €33,784 | €32,727 | -€1,057 | -3.1% |
| Other amounts receivable | 41 | €681 | €703 | +€22 | +3.2% |
| Cash at bank and in hand | 54/58 | €2,856 | €3,180 | +€323 | +11.3% |
| Deferred charges and accrued income | 490/1 | - | €325 | +€325 | |
| Total equity and liabilities | 10/49 | €314,859 | €303,812 | -€11,047 | -3.5% |
| Equity | 10/15 | €152,486 | €149,241 | -€3,245 | -2.1% |
| Reserves | 13 | €152,486 | €149,241 | -€3,245 | -2.1% |
| Distributable reserves | 133 | €152,486 | €149,241 | -€3,245 | -2.1% |
| Amounts payable | 17/49 | €162,373 | €154,571 | -€7,802 | -4.8% |
| Amounts payable after more than one year | 17 | €109,518 | €100,942 | -€8,575 | -7.8% |
| Financial debts | 170/4 | €107,018 | €98,442 | -€8,575 | -8.0% |
| Other amounts payable | 178/9 | €2,500 | €2,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €52,160 | €53,629 | +€1,469 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €9,100 | €11,852 | +€2,753 | +30.3% |
| Trade debts | 44 | €5,311 | €6,595 | +€1,284 | +24.2% |
| Suppliers | 440/4 | €5,311 | €6,595 | +€1,284 | +24.2% |
| Taxes, remuneration and social security | 45 | €4,307 | €4,212 | -€95 | -2.2% |
| Taxes | 450/3 | €3,710 | €409 | -€3,300 | -89.0% |
| Remuneration and social security | 454/9 | €597 | €3,803 | +€3,205 | +537% |
| Other amounts payable | 47/48 | €33,442 | €30,969 | -€2,473 | -7.4% |
| Accrued charges and deferred income | 492/3 | €695 | €0 | -€695 | -100% |
| Remuneration, social security and pensions | 62 | €21,393 | €21,472 | +€80 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,167 | €10,555 | -€1,612 | -13.3% |
| Other operating charges | 640/8 | €512 | €1,318 | +€806 | +157% |
| Non-recurring operating charges | 66A | €2,199 | €1,392 | -€808 | -36.7% |
| Gross operating margin | 9900 | €53,049 | €35,343 | -€17,706 | -33.4% |
| Operating profit (loss) | 9901 | €16,778 | €607 | -€16,172 | -96.4% |
| Financial income | 75/76B | €23 | €2 | -€22 | -93.6% |
| Recurring financial income | 75 | €23 | €2 | -€22 | -93.6% |
| Financial charges | 65/66B | €4,838 | €3,657 | -€1,181 | -24.4% |
| Recurring financial charges | 65 | €4,838 | €3,657 | -€1,181 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €11,963 | -€3,049 | -€15,012 | |
| Income taxes | 67/77 | €3,606 | €197 | -€3,409 | -94.5% |
| Profit (loss) for the period | 9904 | €8,358 | -€3,245 | -€11,603 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,358 | -€3,245 | -€11,603 |
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.