Ventecx: 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.
Ventecx
Largest movements
- Cash +€114,539
up €114,539 (+146.8%), from €78,046 to €192,586
mainly Net result for the year (+€95,739) and Tax, wage and social debts (+€36,344)
- Tangible fixed assets +€29,288
up €29,288 (+52.8%), from €55,449 to €84,737
of which Furniture and vehicles: +€42,468
- Receivables within one year +€26,253
up €26,253 (+19.4%), from €135,348 to €161,601
of which Trade receivables: +€23,841
- Reserves +€95,739
up €95,739 (+110.0%), from €86,998 to €182,737
- Tax, wage and social debts +€36,344
up €36,344 (+168.1%), from €21,617 to €57,960
of which Remuneration and social security: +€25,905
- Trade debts +€28,327
up €28,327 (+46.1%), from €61,495 to €89,822
- Debts after one year +€12,178
up €12,178 (+48.8%), from €24,971 to €37,149
- Gross operating margin +€199,510
up €199,510 (+68.7%), from €290,339 to €489,849
- Staff costs +€148,983
up €148,983 (+80.9%), from €184,158 to €333,141
- Taxes +€11,088
up €11,088 (+65.4%), from €16,964 to €28,052
- Depreciation +€6,243
up €6,243 (+43.1%), from €14,477 to €20,720
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 | €268,844 | €441,956 | +€173,112 | +64.4% |
| Fixed assets | 21/28 | €55,449 | €84,737 | +€29,288 | +52.8% |
| Tangible fixed assets | 22/27 | €55,449 | €84,737 | +€29,288 | +52.8% |
| Plant, machinery and equipment | 23 | €17,690 | €10,384 | -€7,306 | -41.3% |
| Furniture and vehicles | 24 | €19,093 | €61,561 | +€42,468 | +222.4% |
| Leasing and similar rights | 25 | €18,666 | €12,792 | -€5,874 | -31.5% |
| Current assets | 29/58 | €213,394 | €357,219 | +€143,825 | +67.4% |
| Amounts receivable within one year | 40/41 | €135,348 | €161,601 | +€26,253 | +19.4% |
| Trade receivables | 40 | €118,796 | €142,637 | +€23,841 | +20.1% |
| Other amounts receivable | 41 | €16,552 | €18,964 | +€2,412 | +14.6% |
| Cash at bank and in hand | 54/58 | €78,046 | €192,586 | +€114,539 | +146.8% |
| Deferred charges and accrued income | 490/1 | - | €3,032 | +€3,032 | |
| Total equity and liabilities | 10/49 | €268,844 | €441,956 | +€173,112 | +64.4% |
| Equity | 10/15 | €106,998 | €202,737 | +€95,739 | +89.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €86,998 | €182,737 | +€95,739 | +110.0% |
| Distributable reserves | 133 | €86,998 | €182,737 | +€95,739 | +110.0% |
| Amounts payable | 17/49 | €161,846 | €239,219 | +€77,373 | +47.8% |
| Amounts payable after more than one year | 17 | €24,971 | €37,149 | +€12,178 | +48.8% |
| Financial debts | 170/4 | €24,971 | €37,149 | +€12,178 | +48.8% |
| Amounts payable within one year | 42/48 | €134,105 | €200,290 | +€66,186 | +49.4% |
| Current portion of amounts payable after more than one year | 42 | €10,906 | €13,677 | +€2,771 | +25.4% |
| Trade debts | 44 | €61,495 | €89,822 | +€28,327 | +46.1% |
| Suppliers | 440/4 | €61,495 | €89,822 | +€28,327 | +46.1% |
| Taxes, remuneration and social security | 45 | €21,617 | €57,960 | +€36,344 | +168.1% |
| Taxes | 450/3 | €9,929 | €20,367 | +€10,438 | +105.1% |
| Remuneration and social security | 454/9 | €11,688 | €37,593 | +€25,905 | +221.6% |
| Other amounts payable | 47/48 | €40,087 | €38,831 | -€1,257 | -3.1% |
| Accrued charges and deferred income | 492/3 | €2,770 | €1,780 | -€990 | -35.7% |
| Remuneration, social security and pensions | 62 | €184,158 | €333,141 | +€148,983 | +80.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,477 | €20,720 | +€6,243 | +43.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,912 | +€3,912 | |
| Other operating charges | 640/8 | €604 | €857 | +€254 | +42.0% |
| Gross operating margin | 9900 | €290,339 | €489,849 | +€199,510 | +68.7% |
| Operating profit (loss) | 9901 | €91,101 | €131,219 | +€40,118 | +44.0% |
| Financial income | 75/76B | - | €1,394 | +€1,394 | |
| Recurring financial income | 75 | - | €1,394 | +€1,394 | |
| Financial charges | 65/66B | €7,005 | €8,822 | +€1,817 | +25.9% |
| Recurring financial charges | 65 | €7,005 | €8,822 | +€1,817 | +25.9% |
| Profit (loss) for the period before taxes | 9903 | €84,096 | €123,791 | +€39,695 | +47.2% |
| Income taxes | 67/77 | €16,964 | €28,052 | +€11,088 | +65.4% |
| Profit (loss) for the period | 9904 | €67,132 | €95,739 | +€28,607 | +42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €67,132 | €95,739 | +€28,607 | +42.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.