VENTIGRATE: 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.
What changed
VENTIGRATE
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€154,884
2024 · €364,774-€209,890
Equity
€3.7m
2024 · €3.5m+€154,884
Cash
€12,914
2024 · €14,518-€1,604
Balance sheet total
€4.1m
2024 · €4.1m+€83,974
Largest movements
Assets
- Receivables within one year +€101,863
up €101,863 (+2.6%), from €4.0m to €4.1m
of which Other amounts receivable: +€116,357
Equity and liabilities
- Reserves +€155,000
up €155,000 (+4.5%), from €3.4m to €3.6m
of which Distributable reserves: +€340,240
- Tax, wage and social debts -€103,142
down €103,142 (-32.5%), from €317,600 to €214,458
of which Taxes: -€91,443
Income statement
- Turnover -€549,053
down €549,053 (-15.2%), from €3.6m to €3.1m
- Gross operating margin -€362,081
down €362,081 (-17.6%), from €2.1m to €1.7m
- Purchases and services -€197,048
down €197,048 (-12.3%), from €1.6m to €1.4m
- Staff costs -€118,223
down €118,223 (-7.4%), from €1.6m to €1.5m
- Taxes -€54,616
down €54,616 (-43.3%), from €126,225 to €71,609
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.
Result 2024
€364,774
Gross operating margin
-€362,081
Staff costs
+€118,223
Depreciation
+€4,306
Write-downs
-€3,726
Other operating charges
+€3,359
Other operating items
-€193
Financial income
-€19,025
Financial charges
-€5,369
Taxes
+€54,616
Result 2025
€154,884
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.
From operations
+€482
Investment
-€2,086
Financing
€0
Cash 2024
€14,518
From operations (derived)
+€482
Net result for the year
+€154,884
Depreciation
+€14,278
Receivables within one year
-€101,863
Deferred charges and accrued income
+€4,094
Provisions
+€3,726
Trade debts
+€28,505
Tax, wage and social debts
-€103,142
Investment (derived)
-€2,086
Investment in fixed assets (net)
-€2,086
Cash 2025
€12,914
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,054,927 | €4,138,901 | +€83,974 | +2.1% |
| Fixed assets | 21/28 | €25,379 | €13,187 | -€12,192 | -48.0% |
| Tangible fixed assets | 22/27 | €25,379 | €13,187 | -€12,192 | -48.0% |
| Plant, machinery and equipment | 23 | €24,573 | €10,420 | -€14,153 | -57.6% |
| Furniture and vehicles | 24 | €806 | €1,040 | +€234 | +29.0% |
| Other tangible fixed assets | 26 | - | €1,727 | +€1,727 | |
| Current assets | 29/58 | €4,029,548 | €4,125,714 | +€96,165 | +2.4% |
| Amounts receivable within one year | 40/41 | €3,986,888 | €4,088,751 | +€101,863 | +2.6% |
| Trade receivables | 40 | €511,157 | €496,664 | -€14,494 | -2.8% |
| Other amounts receivable | 41 | €3,475,730 | €3,592,087 | +€116,357 | +3.3% |
| Cash at bank and in hand | 54/58 | €14,518 | €12,914 | -€1,604 | -11.0% |
| Deferred charges and accrued income | 490/1 | €28,142 | €24,049 | -€4,094 | -14.5% |
| Total equity and liabilities | 10/49 | €4,054,927 | €4,138,901 | +€83,974 | +2.1% |
| Equity | 10/15 | €3,521,239 | €3,676,124 | +€154,884 | +4.4% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €3,440,665 | €3,595,665 | +€155,000 | +4.5% |
| Non-distributable reserves | 130/1 | €8,000 | €8,000 | = | 0.0% |
| Legal reserve | 130 | €8,000 | €8,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €427,315 | €242,075 | -€185,240 | -43.3% |
| Distributable reserves | 133 | €3,005,350 | €3,345,590 | +€340,240 | +11.3% |
| Profit (loss) carried forward | 14 | €574 | €459 | -€116 | -20.1% |
| Provisions and deferred taxes | 16 | - | €3,726 | +€3,726 | |
| Provisions for liabilities and charges | 160/5 | - | €3,726 | +€3,726 | |
| Pensions and similar obligations | 160 | - | €3,726 | +€3,726 | |
| Amounts payable | 17/49 | €533,688 | €459,051 | -€74,637 | -14.0% |
| Amounts payable within one year | 42/48 | €533,688 | €459,051 | -€74,637 | -14.0% |
| Trade debts | 44 | €216,088 | €244,593 | +€28,505 | +13.2% |
| Suppliers | 440/4 | €216,088 | €244,593 | +€28,505 | +13.2% |
| Taxes, remuneration and social security | 45 | €317,600 | €214,458 | -€103,142 | -32.5% |
| Taxes | 450/3 | €145,131 | €53,688 | -€91,443 | -63.0% |
| Remuneration and social security | 454/9 | €172,469 | €160,770 | -€11,699 | -6.8% |
| Turnover | 70 | €3,619,489 | €3,070,436 | -€549,053 | -15.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,597,938 | €1,400,890 | -€197,048 | -12.3% |
| Remuneration, social security and pensions | 62 | €1,593,775 | €1,475,552 | -€118,223 | -7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,583 | €14,278 | -€4,306 | -23.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,726 | +€3,726 | |
| Other operating charges | 640/8 | €10,166 | €6,807 | -€3,359 | -33.0% |
| Non-recurring operating charges | 66A | - | €193 | +€193 | |
| Gross operating margin | 9900 | €2,056,067 | €1,693,986 | -€362,081 | -17.6% |
| Operating profit (loss) | 9901 | €433,542 | €193,430 | -€240,112 | -55.4% |
| Financial income | 75/76B | €95,043 | €76,018 | -€19,025 | -20.0% |
| Recurring financial income | 75 | €95,043 | €76,018 | -€19,025 | -20.0% |
| Financial charges | 65/66B | €37,585 | €42,954 | +€5,369 | +14.3% |
| Recurring financial charges | 65 | €37,585 | €42,954 | +€5,369 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €490,999 | €226,493 | -€264,506 | -53.9% |
| Income taxes | 67/77 | €126,225 | €71,609 | -€54,616 | -43.3% |
| Profit (loss) for the period | 9904 | €364,774 | €154,884 | -€209,890 | -57.5% |
| Transfer from tax-exempt reserves | 789 | €147,350 | €185,240 | +€37,890 | +25.7% |
| Transfer to tax-exempt reserves | 689 | €105,250 | - | -€105,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €406,874 | €340,124 | -€66,750 | -16.4% |
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 9 October 2026 via checked.be.