VENTHUFAM: 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.
VENTHUFAM
Largest movements
- Receivables within one year +€250,000
up €250,000 (+66666.7%), from €375 to €250,375
of which Other amounts receivable: +€250,000
- Tangible fixed assets -€20,735
down €20,735 (-2.9%), from €713,038 to €692,303
of which Land and buildings: -€20,585
- Short-term financial debts +€498,198
new in 2025: €498,198
- Debts after one year -€245,200
down €245,200 (-25.3%), from €969,099 to €723,899
of which Financial debts: -€250,000
- Profit (loss) carried forward -€36,510
down €36,510 (-59.5%), from -€61,410 to -€97,920
- Gross operating margin +€5,603
up €5,603, from -€4,971 to €632
- Financial charges +€5,063
up €5,063 (+120.8%), from €4,192 to €9,255
- Other operating charges +€1,746
up €1,746 (+32.3%), from €5,406 to €7,152
- Depreciation +€112
up €112 (+0.5%), from €20,623 to €20,735
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 | €1,165,557 | €1,390,408 | +€224,851 | +19.3% |
| Fixed assets | 21/28 | €713,038 | €692,303 | -€20,735 | -2.9% |
| Tangible fixed assets | 22/27 | €713,038 | €692,303 | -€20,735 | -2.9% |
| Land and buildings | 22 | €712,326 | €691,741 | -€20,585 | -2.9% |
| Furniture and vehicles | 24 | €712 | €562 | -€150 | -21.1% |
| Current assets | 29/58 | €452,519 | €698,105 | +€245,586 | +54.3% |
| Amounts receivable after more than one year | 29 | €439,049 | €439,049 | = | 0.0% |
| Other amounts receivable | 291 | €439,049 | €439,049 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €375 | €250,375 | +€250,000 | +66666.7% |
| Trade receivables | 40 | €375 | €375 | = | 0.0% |
| Other amounts receivable | 41 | - | €250,000 | +€250,000 | |
| Cash at bank and in hand | 54/58 | €12,983 | €8,681 | -€4,302 | -33.1% |
| Deferred charges and accrued income | 490/1 | €112 | - | -€112 | |
| Total equity and liabilities | 10/49 | €1,165,557 | €1,390,408 | +€224,851 | +19.3% |
| Equity | 10/15 | €191,186 | €154,676 | -€36,510 | -19.1% |
| Contributions | 10/11 | €87,011 | €87,011 | = | 0.0% |
| Capital | 10 | €87,011 | €87,011 | = | 0.0% |
| Issued capital | 100 | €87,011 | €87,011 | = | 0.0% |
| Reserves | 13 | €165,585 | €165,585 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,579 | €3,579 | = | 0.0% |
| Legal reserve | 130 | €3,579 | €3,579 | = | 0.0% |
| Distributable reserves | 133 | €162,006 | €162,006 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,410 | -€97,920 | -€36,510 | -59.5% |
| Amounts payable | 17/49 | €974,371 | €1,235,732 | +€261,361 | +26.8% |
| Amounts payable after more than one year | 17 | €969,099 | €723,899 | -€245,200 | -25.3% |
| Financial debts | 170/4 | €542,000 | €292,000 | -€250,000 | -46.1% |
| Other amounts payable | 178/9 | €427,099 | €431,899 | +€4,800 | +1.1% |
| Amounts payable within one year | 42/48 | €1,272 | €504,809 | +€503,537 | +39586.2% |
| Financial debts | 43 | - | €498,198 | +€498,198 | |
| Credit institutions | 430/8 | - | €498,198 | +€498,198 | |
| Trade debts | 44 | €1,272 | €4,628 | +€3,356 | +263.8% |
| Suppliers | 440/4 | €1,272 | €4,628 | +€3,356 | +263.8% |
| Other amounts payable | 47/48 | - | €1,983 | +€1,983 | |
| Accrued charges and deferred income | 492/3 | €4,000 | €7,024 | +€3,024 | +75.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,623 | €20,735 | +€112 | +0.5% |
| Other operating charges | 640/8 | €5,406 | €7,152 | +€1,746 | +32.3% |
| Gross operating margin | 9900 | -€4,971 | €632 | +€5,603 | |
| Operating profit (loss) | 9901 | -€31,000 | -€27,255 | +€3,745 | +12.1% |
| Financial charges | 65/66B | €4,192 | €9,255 | +€5,063 | +120.8% |
| Recurring financial charges | 65 | €4,192 | €9,255 | +€5,063 | +120.8% |
| Profit (loss) for the period before taxes | 9903 | -€35,192 | -€36,510 | -€1,318 | -3.7% |
| Profit (loss) for the period | 9904 | -€35,192 | -€36,510 | -€1,318 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,192 | -€36,510 | -€1,318 | -3.7% |
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.