VENTIVE: 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.
VENTIVE
Largest movements
- Receivables within one year -€46,045
down €46,045 (-41.0%), from €112,237 to €66,192
of which Trade receivables: -€48,448
- Cash +€18,700
up €18,700 (+45.2%), from €41,351 to €60,052
mainly Receivables within one year (+€46,045) and Net result for the year (+€8,082)
- Tangible fixed assets +€3,694
up €3,694 (+177.0%), from €2,087 to €5,781
- Stocks and contracts +€2,917
up €2,917 (+37.2%), from €7,841 to €10,758
- Financial fixed assets -€2,305
no longer reported in 2025 (was €2,305)
- Reserves -€18,825
down €18,825 (-72.2%), from €26,073 to €7,249
- Debts after one year -€8,627
down €8,627 (-11.5%), from €75,294 to €66,667
- Other debts +€7,000
up €7,000 (+21.8%), from €32,082 to €39,081
- Trade debts -€5,889
down €5,889 (-47.8%), from €12,310 to €6,421
- Current portion of long-term debt +€2,668
up €2,668 (+44.8%), from €5,959 to €8,627
- Gross operating margin -€83,260
down €83,260 (-79.4%), from €104,874 to €21,615
- Staff costs -€21,583
down €21,583 (-82.8%), from €26,058 to €4,475
- Depreciation -€6,156
down €6,156 (-79.4%), from €7,753 to €1,597
- Financial income -€1,800
down €1,800 (-100.0%), from €1,800 to €0
of which Non-recurring financial income: -€1,800
- Taxes +€1,155
up €1,155 (+78.8%), from €1,466 to €2,622
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 | €168,637 | €145,132 | -€23,505 | -13.9% |
| Fixed assets | 21/28 | €6,007 | €6,373 | +€366 | +6.1% |
| Intangible fixed assets | 21 | €1,615 | €592 | -€1,023 | -63.4% |
| Tangible fixed assets | 22/27 | €2,087 | €5,781 | +€3,694 | +177.0% |
| Plant, machinery and equipment | 23 | €2,087 | €5,781 | +€3,694 | +177.0% |
| Financial fixed assets | 28 | €2,305 | - | -€2,305 | |
| Current assets | 29/58 | €162,629 | €138,759 | -€23,871 | -14.7% |
| Stocks and contracts in progress | 3 | €7,841 | €10,758 | +€2,917 | +37.2% |
| Stocks | 30/36 | €7,841 | €10,758 | +€2,917 | +37.2% |
| Amounts receivable within one year | 40/41 | €112,237 | €66,192 | -€46,045 | -41.0% |
| Trade receivables | 40 | €100,874 | €52,426 | -€48,448 | -48.0% |
| Other amounts receivable | 41 | €11,362 | €13,766 | +€2,404 | +21.2% |
| Cash at bank and in hand | 54/58 | €41,351 | €60,052 | +€18,700 | +45.2% |
| Deferred charges and accrued income | 490/1 | €1,201 | €1,757 | +€556 | +46.3% |
| Total equity and liabilities | 10/49 | €168,637 | €145,132 | -€23,505 | -13.9% |
| Equity | 10/15 | €31,073 | €12,249 | -€18,825 | -60.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €26,073 | €7,249 | -€18,825 | -72.2% |
| Distributable reserves | 133 | €26,073 | €7,249 | -€18,825 | -72.2% |
| Amounts payable | 17/49 | €137,564 | €132,883 | -€4,681 | -3.4% |
| Amounts payable after more than one year | 17 | €75,294 | €66,667 | -€8,627 | -11.5% |
| Financial debts | 170/4 | €75,294 | €66,667 | -€8,627 | -11.5% |
| Amounts payable within one year | 42/48 | €61,010 | €64,956 | +€3,946 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €5,959 | €8,627 | +€2,668 | +44.8% |
| Trade debts | 44 | €12,310 | €6,421 | -€5,889 | -47.8% |
| Suppliers | 440/4 | €12,310 | €6,421 | -€5,889 | -47.8% |
| Advances received on contracts in progress | 46 | €335 | - | -€335 | |
| Taxes, remuneration and social security | 45 | €10,325 | €10,827 | +€502 | +4.9% |
| Taxes | 450/3 | €8,500 | €9,699 | +€1,200 | +14.1% |
| Remuneration and social security | 454/9 | €1,825 | €1,127 | -€698 | -38.2% |
| Other amounts payable | 47/48 | €32,082 | €39,081 | +€7,000 | +21.8% |
| Accrued charges and deferred income | 492/3 | €1,259 | €1,259 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €26,058 | €4,475 | -€21,583 | -82.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,753 | €1,597 | -€6,156 | -79.4% |
| Other operating charges | 640/8 | €790 | €729 | -€62 | -7.8% |
| Gross operating margin | 9900 | €104,874 | €21,615 | -€83,260 | -79.4% |
| Operating profit (loss) | 9901 | €70,272 | €14,814 | -€55,459 | -78.9% |
| Financial income | 75/76B | €1,800 | €0 | -€1,800 | -100.0% |
| Recurring financial income | 75 | €1,800 | €0 | -€1,800 | -100.0% |
| Non-recurring financial income | 76B | €1,800 | - | -€1,800 | |
| Financial charges | 65/66B | €4,209 | €4,111 | -€98 | -2.3% |
| Recurring financial charges | 65 | €4,209 | €4,111 | -€98 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €67,864 | €10,703 | -€57,161 | -84.2% |
| Income taxes | 67/77 | €1,466 | €2,622 | +€1,155 | +78.8% |
| Profit (loss) for the period | 9904 | €66,398 | €8,082 | -€58,316 | -87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €66,398 | €8,082 | -€58,316 | -87.8% |
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 10 October 2026 via checked.be.