VENT DE TERRE: 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.
VENT DE TERRE
Largest movements
- Cash +€30,739
up €30,739 (+50.2%), from €61,290 to €92,029
mainly Contributions, distributions and other (+€39,963) and Depreciation (+€24,909)
- Receivables within one year +€11,013
up €11,013 (+33.8%), from €32,624 to €43,638
of which Trade receivables: +€12,799
- Stocks and contracts -€10,483
down €10,483 (-22.7%), from €46,184 to €35,701
- Tangible fixed assets +€3,489
up €3,489 (+3.1%), from €113,606 to €117,095
of which Assets under construction and advance payments: +€8,500
- Investment grants +€40,000
new in 2025: €40,000
- Profit (loss) carried forward +€10,992
up €10,992 (+5.2%), from -€209,509 to -€198,516
- Other debts -€9,012
down €9,012 (-33.1%), from €27,222 to €18,210
- Debts after one year -€3,867
down €3,867 (-79.7%), from €4,852 to €985
- Gross operating margin +€18,936
up €18,936 (+9.1%), from €208,875 to €227,811
- Depreciation -€12,201
down €12,201 (-32.9%), from €37,110 to €24,909
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €257,776 | €292,660 | +€34,884 | +13.5% |
| Fixed assets | 21/28 | €115,468 | €118,262 | +€2,794 | +2.4% |
| Intangible fixed assets | 21 | €1,862 | €1,167 | -€695 | -37.3% |
| Tangible fixed assets | 22/27 | €113,606 | €117,095 | +€3,489 | +3.1% |
| Land and buildings | 22 | €85,646 | €75,956 | -€9,690 | -11.3% |
| Plant, machinery and equipment | 23 | €22,102 | €27,022 | +€4,920 | +22.3% |
| Furniture and vehicles | 24 | €2,995 | €3,322 | +€327 | +10.9% |
| Other tangible fixed assets | 26 | €2,864 | €2,296 | -€568 | -19.8% |
| Assets under construction and advance payments | 27 | - | €8,500 | +€8,500 | |
| Current assets | 29/58 | €142,308 | €174,398 | +€32,090 | +22.5% |
| Stocks and contracts in progress | 3 | €46,184 | €35,701 | -€10,483 | -22.7% |
| Stocks | 30/36 | €46,184 | €35,701 | -€10,483 | -22.7% |
| Amounts receivable within one year | 40/41 | €32,624 | €43,638 | +€11,013 | +33.8% |
| Trade receivables | 40 | €15,351 | €28,150 | +€12,799 | +83.4% |
| Other amounts receivable | 41 | €17,273 | €15,487 | -€1,786 | -10.3% |
| Cash at bank and in hand | 54/58 | €61,290 | €92,029 | +€30,739 | +50.2% |
| Deferred charges and accrued income | 490/1 | €2,211 | €3,030 | +€820 | +37.1% |
| Total equity and liabilities | 10/49 | €257,776 | €292,660 | +€34,884 | +13.5% |
| Equity | 10/15 | €187,338 | €238,294 | +€50,956 | +27.2% |
| Contributions | 10/11 | €396,847 | €396,810 | -€37 | 0.0% |
| Profit (loss) carried forward | 14 | -€209,509 | -€198,516 | +€10,992 | +5.2% |
| Investment grants | 15 | - | €40,000 | +€40,000 | |
| Amounts payable | 17/49 | €70,438 | €54,366 | -€16,072 | -22.8% |
| Amounts payable after more than one year | 17 | €4,852 | €985 | -€3,867 | -79.7% |
| Financial debts | 170/4 | €4,852 | €985 | -€3,867 | -79.7% |
| Amounts payable within one year | 42/48 | €65,586 | €53,381 | -€12,205 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €4,676 | €4,803 | +€127 | +2.7% |
| Trade debts | 44 | €8,791 | €6,722 | -€2,069 | -23.5% |
| Suppliers | 440/4 | €8,791 | €6,722 | -€2,069 | -23.5% |
| Taxes, remuneration and social security | 45 | €24,897 | €23,646 | -€1,250 | -5.0% |
| Taxes | 450/3 | - | €1,861 | +€1,861 | |
| Remuneration and social security | 454/9 | €24,897 | €21,785 | -€3,112 | -12.5% |
| Other amounts payable | 47/48 | €27,222 | €18,210 | -€9,012 | -33.1% |
| Remuneration, social security and pensions | 62 | €185,390 | €185,653 | +€263 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,110 | €24,909 | -€12,201 | -32.9% |
| Other operating charges | 640/8 | €1,300 | €1,721 | +€420 | +32.3% |
| Non-recurring operating charges | 66A | - | €3,874 | +€3,874 | |
| Gross operating margin | 9900 | €208,875 | €227,811 | +€18,936 | +9.1% |
| Operating profit (loss) | 9901 | -€14,925 | €11,654 | +€26,580 | |
| Financial income | 75/76B | €1,695 | €381 | -€1,314 | -77.5% |
| Recurring financial income | 75 | €1,695 | €381 | -€1,314 | -77.5% |
| Financial charges | 65/66B | €1,151 | €1,043 | -€109 | -9.4% |
| Recurring financial charges | 65 | €1,151 | €1,043 | -€109 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | -€14,382 | €10,992 | +€25,374 | |
| Profit (loss) for the period | 9904 | -€14,382 | €10,992 | +€25,374 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,382 | €10,992 | +€25,374 |
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 9 October 2026 via checked.be.