Vensterlux: 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.
Vensterlux
Largest movements
- Receivables within one year -€39,830
down €39,830 (-96.4%), from €41,338 to €1,508
of which Trade receivables: -€40,675
- Stocks and contracts +€9,560
new in 2025: €9,560
- Cash -€5,454
down €5,454 (-79.8%), from €6,831 to €1,377
mainly Net result for the year (-€35,018) and Stocks and contracts (-€9,560)
- Profit (loss) carried forward -€35,018
down €35,018 (-82.6%), from -€42,372 to -€77,390
- Trade debts +€6,116
up €6,116 (+11.5%), from €53,188 to €59,304
- Tax, wage and social debts -€4,491
down €4,491 (-91.6%), from €4,905 to €414
of which Remuneration and social security: -€4,263
- Other debts -€2,851
down €2,851 (-20.0%), from €14,285 to €11,435
- Gross operating margin -€23,298
down €23,298, from €7,686 to -€15,612
- Staff costs -€21,003
down €21,003 (-100%), from €21,003 to €0
- Other operating charges +€15,848
up €15,848 (+2,490%), from €637 to €16,485
- Financial charges +€2,589
up €2,589 (+2,120%), from €122 to €2,712
- Depreciation -€1,504
down €1,504 (-100%), from €1,504 to €0
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 | €49,206 | €12,963 | -€36,243 | -73.7% |
| Fixed assets | 21/28 | €606 | €0 | -€606 | -100% |
| Tangible fixed assets | 22/27 | €123 | €0 | -€123 | -100% |
| Furniture and vehicles | 24 | €123 | €0 | -€123 | -100% |
| Financial fixed assets | 28 | €484 | €0 | -€484 | -100% |
| Current assets | 29/58 | €48,600 | €12,963 | -€35,636 | -73.3% |
| Stocks and contracts in progress | 3 | - | €9,560 | +€9,560 | |
| Stocks | 30/36 | - | €9,560 | +€9,560 | |
| Amounts receivable within one year | 40/41 | €41,338 | €1,508 | -€39,830 | -96.4% |
| Trade receivables | 40 | €41,337 | €663 | -€40,675 | -98.4% |
| Other amounts receivable | 41 | €1 | €846 | +€845 | +84,455% |
| Cash at bank and in hand | 54/58 | €6,831 | €1,377 | -€5,454 | -79.8% |
| Deferred charges and accrued income | 490/1 | €430 | €519 | +€88 | +20.5% |
| Total equity and liabilities | 10/49 | €49,206 | €12,963 | -€36,243 | -73.7% |
| Equity | 10/15 | -€23,772 | -€58,790 | -€35,018 | -147% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,372 | -€77,390 | -€35,018 | -82.6% |
| Amounts payable | 17/49 | €72,978 | €71,753 | -€1,225 | -1.7% |
| Amounts payable within one year | 42/48 | €72,378 | €71,153 | -€1,225 | -1.7% |
| Trade debts | 44 | €53,188 | €59,304 | +€6,116 | +11.5% |
| Suppliers | 440/4 | €53,188 | €59,304 | +€6,116 | +11.5% |
| Taxes, remuneration and social security | 45 | €4,905 | €414 | -€4,491 | -91.6% |
| Taxes | 450/3 | €642 | €414 | -€228 | -35.5% |
| Remuneration and social security | 454/9 | €4,263 | €0 | -€4,263 | -100% |
| Other amounts payable | 47/48 | €14,285 | €11,435 | -€2,851 | -20.0% |
| Accrued charges and deferred income | 492/3 | €600 | €600 | = | 0.0% |
| Non-recurring operating income | 76A | €8,504 | €1,700 | -€6,804 | -80.0% |
| Remuneration, social security and pensions | 62 | €21,003 | €0 | -€21,003 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,504 | €0 | -€1,504 | -100% |
| Other operating charges | 640/8 | €637 | €16,485 | +€15,848 | +2,490% |
| Non-recurring operating charges | 66A | €2,346 | €122 | -€2,224 | -94.8% |
| Gross operating margin | 9900 | €7,686 | -€15,612 | -€23,298 | |
| Operating profit (loss) | 9901 | -€17,803 | -€32,219 | -€14,416 | -81.0% |
| Financial income | 75/76B | €18 | €0 | -€18 | -100% |
| Recurring financial income | 75 | €18 | €0 | -€18 | -100% |
| Financial charges | 65/66B | €122 | €2,712 | +€2,589 | +2,120% |
| Recurring financial charges | 65 | €122 | €2,712 | +€2,589 | +2,120% |
| Profit (loss) for the period before taxes | 9903 | -€17,907 | -€34,931 | -€17,023 | -95.1% |
| Income taxes | 67/77 | €108 | €87 | -€21 | -19.8% |
| Profit (loss) for the period | 9904 | -€18,016 | -€35,018 | -€17,002 | -94.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,016 | -€35,018 | -€17,002 | -94.4% |
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 26 October 2026 via checked.be.