VENTILATIE STROEF: 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.
VENTILATIE STROEF
Largest movements
- Cash +€555,240
up €555,240 (+461%), from €120,558 to €675,798
mainly Stocks and contracts (+€235,564) and Current investments (+€153,776)
- Stocks and contracts -€235,564
down €235,564 (-60.4%), from €389,906 to €154,342
of which Contracts in progress: -€230,564
- Current investments -€153,776
down €153,776 (-75.5%), from €203,776 to €50,000
- Tangible fixed assets -€48,343
down €48,343 (-14.3%), from €337,484 to €289,141
of which Furniture and vehicles: -€24,654
- Receivables within one year -€13,961
down €13,961 (-10.2%), from €136,567 to €122,606
of which Trade receivables: -€9,855
- Reserves +€136,395
up €136,395 (+19.5%), from €697,703 to €834,098
- Trade debts -€28,214
down €28,214 (-22.6%), from €125,022 to €96,807
- Other debts -€25,961
down €25,961 (-7.7%), from €337,862 to €311,901
- Tax, wage and social debts +€20,796
up €20,796 (+109%), from €19,034 to €39,830
- Gross operating margin +€21,488
up €21,488 (+8.3%), from €258,479 to €279,968
- Depreciation +€5,115
up €5,115 (+11.8%), from €43,228 to €48,343
- Other operating charges -€4,918
down €4,918 (-52.7%), from €9,327 to €4,409
- Financial charges +€4,347
up €4,347 (+13.0%), from €33,407 to €37,754
- Financial income +€3,862
up €3,862 (+355%), from €1,087 to €4,949
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 | €1,189,783 | €1,292,636 | +€102,854 | +8.6% |
| Fixed assets | 21/28 | €338,234 | €289,891 | -€48,343 | -14.3% |
| Tangible fixed assets | 22/27 | €337,484 | €289,141 | -€48,343 | -14.3% |
| Land and buildings | 22 | €236,538 | €213,049 | -€23,489 | -9.9% |
| Plant, machinery and equipment | 23 | €1,775 | €1,575 | -€200 | -11.3% |
| Furniture and vehicles | 24 | €99,171 | €74,517 | -€24,654 | -24.9% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €851,548 | €1,002,746 | +€151,197 | +17.8% |
| Stocks and contracts in progress | 3 | €389,906 | €154,342 | -€235,564 | -60.4% |
| Stocks | 30/36 | €32,750 | €27,750 | -€5,000 | -15.3% |
| Contracts in progress | 37 | €357,156 | €126,592 | -€230,564 | -64.6% |
| Amounts receivable within one year | 40/41 | €136,567 | €122,606 | -€13,961 | -10.2% |
| Trade receivables | 40 | €105,244 | €95,388 | -€9,855 | -9.4% |
| Other amounts receivable | 41 | €31,323 | €27,217 | -€4,106 | -13.1% |
| Current investments | 50/53 | €203,776 | €50,000 | -€153,776 | -75.5% |
| Cash at bank and in hand | 54/58 | €120,558 | €675,798 | +€555,240 | +461% |
| Deferred charges and accrued income | 490/1 | €743 | €0 | -€743 | -100% |
| Total equity and liabilities | 10/49 | €1,189,783 | €1,292,636 | +€102,854 | +8.6% |
| Equity | 10/15 | €707,703 | €844,098 | +€136,395 | +19.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €697,703 | €834,098 | +€136,395 | +19.5% |
| Distributable reserves | 133 | €697,703 | €834,098 | +€136,395 | +19.5% |
| Amounts payable | 17/49 | €482,080 | €448,538 | -€33,541 | -7.0% |
| Amounts payable within one year | 42/48 | €481,918 | €448,538 | -€33,379 | -6.9% |
| Trade debts | 44 | €125,022 | €96,807 | -€28,214 | -22.6% |
| Suppliers | 440/4 | €125,022 | €96,807 | -€28,214 | -22.6% |
| Taxes, remuneration and social security | 45 | €19,034 | €39,830 | +€20,796 | +109% |
| Taxes | 450/3 | €19,034 | €39,830 | +€20,796 | +109% |
| Other amounts payable | 47/48 | €337,862 | €311,901 | -€25,961 | -7.7% |
| Accrued charges and deferred income | 492/3 | €162 | €0 | -€162 | -100% |
| Non-recurring operating income | 76A | €800 | €0 | -€800 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,228 | €48,343 | +€5,115 | +11.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,050 | €0 | +€3,050 | |
| Other operating charges | 640/8 | €9,327 | €4,409 | -€4,918 | -52.7% |
| Gross operating margin | 9900 | €258,479 | €279,968 | +€21,488 | +8.3% |
| Operating profit (loss) | 9901 | €208,974 | €227,216 | +€18,242 | +8.7% |
| Financial income | 75/76B | €1,087 | €4,949 | +€3,862 | +355% |
| Recurring financial income | 75 | €1,087 | €4,949 | +€3,862 | +355% |
| Financial charges | 65/66B | €33,407 | €37,754 | +€4,347 | +13.0% |
| Recurring financial charges | 65 | €33,407 | €37,754 | +€4,347 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €176,654 | €194,411 | +€17,757 | +10.1% |
| Income taxes | 67/77 | €58,140 | €58,016 | -€124 | -0.2% |
| Profit (loss) for the period | 9904 | €118,514 | €136,395 | +€17,881 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €118,514 | €136,395 | +€17,881 | +15.1% |
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 18 October 2026 via checked.be.