VENTROLEC: 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.
VENTROLEC
Largest movements
- Receivables within one year +€8,962
up €8,962 (+50.3%), from €17,800 to €26,761
of which Trade receivables: +€12,316
- Cash -€1,634
down €1,634 (-10.3%), from €15,924 to €14,290
mainly Receivables within one year (-€8,962) and Tax, wage and social debts (-€3,705)
- Tangible fixed assets -€1,620
down €1,620 (-23.6%), from €6,871 to €5,251
of which Plant, machinery and equipment: -€1,100
- Accrued charges and deferred income +€4,933
new in 2025: €4,933
- Profit (loss) carried forward +€4,406
new in 2025: €4,406
- Tax, wage and social debts -€3,705
down €3,705 (-32.3%), from €11,477 to €7,772
of which Taxes: -€4,082
- Purchases and services -€70,397
no longer reported in 2025 (was €70,397)
- Gross operating margin -€11,856
down €11,856 (-52.9%), from €22,422 to €10,565
- Other operating charges -€2,853
down €2,853 (-80.7%), from €3,538 to €685
- Taxes -€2,505
down €2,505 (-57.6%), from €4,346 to €1,841
- Financial charges -€428
down €428 (-15.4%), from €2,785 to €2,357
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 | €40,594 | €46,302 | +€5,707 | +14.1% |
| Fixed assets | 21/28 | €6,871 | €5,251 | -€1,620 | -23.6% |
| Tangible fixed assets | 22/27 | €6,871 | €5,251 | -€1,620 | -23.6% |
| Plant, machinery and equipment | 23 | €4,743 | €3,643 | -€1,100 | -23.2% |
| Furniture and vehicles | 24 | €2,128 | €1,608 | -€520 | -24.4% |
| Current assets | 29/58 | €33,724 | €41,051 | +€7,327 | +21.7% |
| Amounts receivable within one year | 40/41 | €17,800 | €26,761 | +€8,962 | +50.3% |
| Trade receivables | 40 | €7,074 | €19,390 | +€12,316 | +174.1% |
| Other amounts receivable | 41 | €10,726 | €7,371 | -€3,355 | -31.3% |
| Cash at bank and in hand | 54/58 | €15,924 | €14,290 | -€1,634 | -10.3% |
| Total equity and liabilities | 10/49 | €40,594 | €46,302 | +€5,707 | +14.1% |
| Equity | 10/15 | €27,698 | €32,104 | +€4,406 | +15.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €24,698 | €24,698 | = | 0.0% |
| Distributable reserves | 133 | €24,698 | €24,698 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €4,406 | +€4,406 | |
| Amounts payable | 17/49 | €12,897 | €14,198 | +€1,301 | +10.1% |
| Amounts payable within one year | 42/48 | €12,897 | €9,266 | -€3,631 | -28.2% |
| Trade debts | 44 | €1,420 | €1,494 | +€74 | +5.2% |
| Suppliers | 440/4 | €1,420 | €1,494 | +€74 | +5.2% |
| Taxes, remuneration and social security | 45 | €11,477 | €7,772 | -€3,705 | -32.3% |
| Taxes | 450/3 | €10,269 | €6,187 | -€4,082 | -39.8% |
| Remuneration and social security | 454/9 | €1,207 | €1,585 | +€377 | +31.2% |
| Accrued charges and deferred income | 492/3 | - | €4,933 | +€4,933 | |
| Goods, raw materials, services and sundry goods | 60/61 | €70,397 | - | -€70,397 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,229 | €1,620 | +€391 | +31.8% |
| Other operating charges | 640/8 | €3,538 | €685 | -€2,853 | -80.7% |
| Non-recurring operating charges | 66A | €1,206 | - | -€1,206 | |
| Gross operating margin | 9900 | €22,422 | €10,565 | -€11,856 | -52.9% |
| Operating profit (loss) | 9901 | €16,449 | €8,261 | -€8,188 | -49.8% |
| Financial income | 75/76B | €172 | €343 | +€171 | +98.9% |
| Recurring financial income | 75 | €172 | €343 | +€171 | +98.9% |
| Financial charges | 65/66B | €2,785 | €2,357 | -€428 | -15.4% |
| Recurring financial charges | 65 | €2,785 | €2,357 | -€428 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €13,836 | €6,247 | -€7,590 | -54.9% |
| Income taxes | 67/77 | €4,346 | €1,841 | -€2,505 | -57.6% |
| Profit (loss) for the period | 9904 | €9,490 | €4,406 | -€5,085 | -53.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,490 | €4,406 | -€5,085 | -53.6% |
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 3 October 2026 via checked.be.