VENSERV: 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.
What changed
VENSERV
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€88,858
2024 · -€86,181-€2,677
Equity
€878,305
2024 · €967,163-€88,858
Cash
€14,755
2024 · €23,226-€8,471
Balance sheet total
€1.5m
2024 · €1.4m+€55,514
Largest movements
Assets
- Tangible fixed assets +€59,565
up €59,565 (+4.8%), from €1.2m to €1.3m
of which Land and buildings: +€82,444
Equity and liabilities
- Other debts +€186,177
up €186,177 (+209.4%), from €88,898 to €275,076
- Reserves -€88,858
down €88,858 (-9.4%), from €947,163 to €858,305
of which Distributable reserves: -€88,858
- Debts after one year -€56,360
down €56,360 (-17.8%), from €316,416 to €260,056
Income statement
- Financial charges +€1,917
up €1,917 (+46.9%), from €4,092 to €6,009
- Financial income -€1,466
down €1,466 (-88.8%), from €1,651 to €185
- Gross operating margin +€987
up €987 (+213.8%), from €461 to €1,448
- Other operating charges +€358
up €358 (+7.9%), from €4,504 to €4,862
- Staff costs -€117
down €117 (-10.8%), from €1,079 to €962
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
-€86,181
Gross operating margin
+€987
Staff costs
+€117
Depreciation
-€39
Other operating charges
-€358
Financial income
-€1,466
Financial charges
-€1,917
Result 2025
-€88,858
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.
From operations
+€185,602
Investment
-€138,223
Financing
-€55,850
Cash 2024
€23,226
From operations (derived)
+€185,602
Net result for the year
-€88,858
Depreciation
+€78,658
Stocks and contracts
-€263
Receivables within one year
-€4,157
Trade debts
+€14,005
Tax, wage and social debts
+€2,627
Advances received
-€908
Other debts
+€186,177
Accrued charges and deferred income
-€1,680
Investment (derived)
-€138,223
Investment in fixed assets (net)
-€138,223
Financing
-€55,850
Debts after one year
-€56,360
Current portion of long-term debt
+€510
Cash 2025
€14,755
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,442,065 | €1,497,579 | +€55,514 | +3.8% |
| Fixed assets | 21/28 | €1,236,325 | €1,295,890 | +€59,565 | +4.8% |
| Tangible fixed assets | 22/27 | €1,236,101 | €1,295,666 | +€59,565 | +4.8% |
| Land and buildings | 22 | €1,160,266 | €1,242,710 | +€82,444 | +7.1% |
| Plant, machinery and equipment | 23 | €47,848 | €33,024 | -€14,824 | -31.0% |
| Furniture and vehicles | 24 | €27,987 | €19,932 | -€8,055 | -28.8% |
| Financial fixed assets | 28 | €224 | €224 | = | 0.0% |
| Current assets | 29/58 | €205,740 | €201,689 | -€4,051 | -2.0% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,468 | €2,731 | +€263 | +10.7% |
| Stocks | 30/36 | €2,468 | €2,731 | +€263 | +10.7% |
| Amounts receivable within one year | 40/41 | €105,046 | €109,203 | +€4,157 | +4.0% |
| Trade receivables | 40 | €13,604 | €939 | -€12,665 | -93.1% |
| Other amounts receivable | 41 | €91,442 | €108,264 | +€16,821 | +18.4% |
| Cash at bank and in hand | 54/58 | €23,226 | €14,755 | -€8,471 | -36.5% |
| Total equity and liabilities | 10/49 | €1,442,065 | €1,497,579 | +€55,514 | +3.8% |
| Equity | 10/15 | €967,163 | €878,305 | -€88,858 | -9.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €947,163 | €858,305 | -€88,858 | -9.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €945,163 | €856,305 | -€88,858 | -9.4% |
| Amounts payable | 17/49 | €474,901 | €619,274 | +€144,373 | +30.4% |
| Amounts payable after more than one year | 17 | €316,416 | €260,056 | -€56,360 | -17.8% |
| Financial debts | 170/4 | €316,416 | €260,056 | -€56,360 | -17.8% |
| Amounts payable within one year | 42/48 | €156,806 | €359,218 | +€202,412 | +129.1% |
| Current portion of amounts payable after more than one year | 42 | €55,850 | €56,360 | +€510 | +0.9% |
| Trade debts | 44 | €10,365 | €24,370 | +€14,005 | +135.1% |
| Suppliers | 440/4 | €10,365 | €24,370 | +€14,005 | +135.1% |
| Advances received on contracts in progress | 46 | €908 | - | -€908 | |
| Taxes, remuneration and social security | 45 | €786 | €3,413 | +€2,627 | +334.4% |
| Taxes | 450/3 | €335 | €3,413 | +€3,078 | +919.1% |
| Remuneration and social security | 454/9 | €451 | - | -€451 | |
| Other amounts payable | 47/48 | €88,898 | €275,076 | +€186,177 | +209.4% |
| Accrued charges and deferred income | 492/3 | €1,680 | - | -€1,680 | |
| Remuneration, social security and pensions | 62 | €1,079 | €962 | -€117 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,619 | €78,658 | +€39 | 0.0% |
| Other operating charges | 640/8 | €4,504 | €4,862 | +€358 | +7.9% |
| Gross operating margin | 9900 | €461 | €1,448 | +€987 | +213.8% |
| Operating profit (loss) | 9901 | -€83,740 | -€83,034 | +€706 | +0.8% |
| Financial income | 75/76B | €1,651 | €185 | -€1,466 | -88.8% |
| Recurring financial income | 75 | €1,651 | €185 | -€1,466 | -88.8% |
| Financial charges | 65/66B | €4,092 | €6,009 | +€1,917 | +46.9% |
| Recurring financial charges | 65 | €4,092 | €6,009 | +€1,917 | +46.9% |
| Profit (loss) for the period before taxes | 9903 | -€86,181 | -€88,858 | -€2,677 | -3.1% |
| Profit (loss) for the period | 9904 | -€86,181 | -€88,858 | -€2,677 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€86,181 | -€88,858 | -€2,677 | -3.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.