VENTILATION CONCEPT: 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.
VENTILATION CONCEPT
Largest movements
- Receivables within one year +€120,226
up €120,226 (+44.1%), from €272,728 to €392,954
of which Trade receivables: +€73,277
- Tangible fixed assets -€13,653
down €13,653 (-16.4%), from €83,352 to €69,699
of which Leasing and similar rights: -€8,419
- Trade debts +€73,464
up €73,464 (+198.7%), from €36,978 to €110,442
- Tax, wage and social debts +€25,087
up €25,087 (+25.2%), from €99,568 to €124,656
of which Remuneration and social security: +€34,298
- Profit (loss) carried forward +€18,436
up €18,436 (+12.6%), from €146,316 to €164,752
- Current portion of long-term debt -€8,570
no longer reported in 2025 (was €8,570)
- Purchases and services -€116,262
down €116,262 (-15.4%), from €753,717 to €637,455
- Turnover -€87,215
down €87,215 (-9.0%), from €965,302 to €878,088
- Financial income -€56,307
down €56,307 (-99.3%), from €56,694 to €387
of which Non-recurring financial income: -€54,673
- Gross operating margin +€29,048
up €29,048 (+13.7%), from €211,585 to €240,633
- Staff costs +€11,860
up €11,860 (+6.4%), from €185,811 to €197,671
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 | €391,892 | €500,309 | +€108,417 | +27.7% |
| Fixed assets | 21/28 | €83,402 | €69,749 | -€13,653 | -16.4% |
| Tangible fixed assets | 22/27 | €83,352 | €69,699 | -€13,653 | -16.4% |
| Land and buildings | 22 | €60,552 | €58,512 | -€2,040 | -3.4% |
| Plant, machinery and equipment | 23 | €428 | - | -€428 | |
| Furniture and vehicles | 24 | €5,534 | €2,768 | -€2,766 | -50.0% |
| Leasing and similar rights | 25 | €16,838 | €8,419 | -€8,419 | -50.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €308,490 | €430,560 | +€122,070 | +39.6% |
| Amounts receivable within one year | 40/41 | €272,728 | €392,954 | +€120,226 | +44.1% |
| Trade receivables | 40 | €136,548 | €209,825 | +€73,277 | +53.7% |
| Other amounts receivable | 41 | €136,180 | €183,129 | +€46,949 | +34.5% |
| Cash at bank and in hand | 54/58 | €28,387 | €30,011 | +€1,624 | +5.7% |
| Deferred charges and accrued income | 490/1 | €7,375 | €7,595 | +€220 | +3.0% |
| Total equity and liabilities | 10/49 | €391,892 | €500,309 | +€108,417 | +27.7% |
| Equity | 10/15 | €166,776 | €185,212 | +€18,436 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €146,316 | €164,752 | +€18,436 | +12.6% |
| Amounts payable | 17/49 | €225,116 | €315,097 | +€89,981 | +40.0% |
| Amounts payable within one year | 42/48 | €225,116 | €315,097 | +€89,981 | +40.0% |
| Current portion of amounts payable after more than one year | 42 | €8,570 | - | -€8,570 | |
| Financial debts | 43 | €80,000 | €80,000 | = | 0.0% |
| Credit institutions | 430/8 | €80,000 | €80,000 | = | 0.0% |
| Trade debts | 44 | €36,978 | €110,442 | +€73,464 | +198.7% |
| Suppliers | 440/4 | €36,978 | €110,442 | +€73,464 | +198.7% |
| Taxes, remuneration and social security | 45 | €99,568 | €124,656 | +€25,087 | +25.2% |
| Taxes | 450/3 | €24,215 | €15,004 | -€9,211 | -38.0% |
| Remuneration and social security | 454/9 | €75,354 | €109,652 | +€34,298 | +45.5% |
| Turnover | 70 | €965,302 | €878,088 | -€87,215 | -9.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €753,717 | €637,455 | -€116,262 | -15.4% |
| Remuneration, social security and pensions | 62 | €185,811 | €197,671 | +€11,860 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,653 | €13,653 | +€0 | 0.0% |
| Other operating charges | 640/8 | €11,528 | €2,189 | -€9,339 | -81.0% |
| Gross operating margin | 9900 | €211,585 | €240,633 | +€29,048 | +13.7% |
| Operating profit (loss) | 9901 | €593 | €27,120 | +€26,527 | +4472.4% |
| Financial income | 75/76B | €56,694 | €387 | -€56,307 | -99.3% |
| Recurring financial income | 75 | €2,021 | €387 | -€1,633 | -80.8% |
| Non-recurring financial income | 76B | €54,673 | - | -€54,673 | |
| Financial charges | 65/66B | €11,171 | €9,072 | -€2,099 | -18.8% |
| Recurring financial charges | 65 | €11,171 | €9,072 | -€2,099 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €46,116 | €18,436 | -€27,680 | -60.0% |
| Profit (loss) for the period | 9904 | €46,116 | €18,436 | -€27,680 | -60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,116 | €18,436 | -€27,680 | -60.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.