VENSTRALUX: 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.
VENSTRALUX
Largest movements
- Tangible fixed assets +€84,098
up €84,098 (+5,963%), from €1,410 to €85,508
of which Land and buildings: +€79,656
- Receivables within one year -€3,282
down €3,282 (-32.1%), from €10,224 to €6,942
of which Trade receivables: -€2,312
- Other debts +€53,657
up €53,657, from €0 to €53,657
- Debts after one year +€21,523
new in 2025: €21,523
- Reserves +€4,508
up €4,508 (+40.4%), from €11,161 to €15,669
- Current portion of long-term debt +€3,477
new in 2025: €3,477
- Trade debts -€2,257
down €2,257 (-100%), from €2,257 to €0
- Gross operating margin -€11,946
down €11,946 (-51.8%), from €23,060 to €11,114
- Taxes -€3,822
down €3,822 (-61.0%), from €6,270 to €2,448
- Depreciation +€2,790
up €2,790 (+1,585%), from €176 to €2,966
- Financial charges +€473
up €473 (+751%), from €63 to €536
- Other operating charges +€348
up €348 (+67.1%), from €519 to €867
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 | €22,689 | €103,596 | +€80,907 | +357% |
| Formation expenses | 20 | €46 | €0 | -€46 | -100% |
| Fixed assets | 21/28 | €1,410 | €85,508 | +€84,098 | +5,963% |
| Tangible fixed assets | 22/27 | €1,410 | €85,508 | +€84,098 | +5,963% |
| Land and buildings | 22 | - | €79,656 | +€79,656 | |
| Plant, machinery and equipment | 23 | €474 | €1,085 | +€611 | +129% |
| Furniture and vehicles | 24 | €937 | €4,767 | +€3,830 | +409% |
| Current assets | 29/58 | €21,233 | €18,088 | -€3,145 | -14.8% |
| Amounts receivable within one year | 40/41 | €10,224 | €6,942 | -€3,282 | -32.1% |
| Trade receivables | 40 | €3,347 | €1,036 | -€2,312 | -69.1% |
| Other amounts receivable | 41 | €6,877 | €5,907 | -€970 | -14.1% |
| Cash at bank and in hand | 54/58 | €11,008 | €11,145 | +€137 | +1.2% |
| Total equity and liabilities | 10/49 | €22,689 | €103,596 | +€80,907 | +357% |
| Equity | 10/15 | €14,161 | €18,669 | +€4,508 | +31.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,161 | €15,669 | +€4,508 | +40.4% |
| Distributable reserves | 133 | €11,161 | €15,669 | +€4,508 | +40.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €8,528 | €84,927 | +€76,400 | +896% |
| Amounts payable after more than one year | 17 | - | €21,523 | +€21,523 | |
| Financial debts | 170/4 | - | €21,523 | +€21,523 | |
| Amounts payable within one year | 42/48 | €8,528 | €63,404 | +€54,876 | +644% |
| Current portion of amounts payable after more than one year | 42 | - | €3,477 | +€3,477 | |
| Trade debts | 44 | €2,257 | €0 | -€2,257 | -100% |
| Suppliers | 440/4 | €2,257 | €0 | -€2,257 | -100% |
| Taxes, remuneration and social security | 45 | €6,270 | €6,270 | = | 0.0% |
| Taxes | 450/3 | €6,270 | €6,270 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | €53,657 | +€53,657 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €176 | €2,966 | +€2,790 | +1,585% |
| Other operating charges | 640/8 | €519 | €867 | +€348 | +67.1% |
| Gross operating margin | 9900 | €23,060 | €11,114 | -€11,946 | -51.8% |
| Operating profit (loss) | 9901 | €22,365 | €7,281 | -€15,084 | -67.4% |
| Financial income | 75/76B | €124 | €211 | +€86 | +69.2% |
| Recurring financial income | 75 | €124 | €211 | +€86 | +69.2% |
| Financial charges | 65/66B | €63 | €536 | +€473 | +751% |
| Recurring financial charges | 65 | €63 | €536 | +€473 | +751% |
| Profit (loss) for the period before taxes | 9903 | €22,426 | €6,956 | -€15,470 | -69.0% |
| Income taxes | 67/77 | €6,270 | €2,448 | -€3,822 | -61.0% |
| Profit (loss) for the period | 9904 | €16,156 | €4,508 | -€11,648 | -72.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,156 | €4,508 | -€11,648 | -72.1% |
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 22 October 2026 via checked.be.