Ventuno: 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.
What changed
Ventuno
NACE 46.370, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€54,071
2024 · €51,306-€105,377
Equity
€56,357
2024 · €110,428-€54,071
Cash
€36,665
2024 · €37,261-€596
Balance sheet total
€2.0m
2024 · €1.3m+€691,516
Largest movements
Assets
- Stocks and contracts +€250,319
up €250,319 (+193.6%), from €129,270 to €379,589
- Financial fixed assets +€200,000
new in 2025: €200,000
- Tangible fixed assets +€168,253
up €168,253 (+18.3%), from €921,043 to €1.1m
of which Plant, machinery and equipment: +€133,893
- Receivables within one year +€67,050
up €67,050 (+47.7%), from €140,511 to €207,561
of which Trade receivables: +€43,629
- Deferred charges and accrued income +€22,953
up €22,953 (+185102.0%), from €12 to €22,965
Equity and liabilities
- Short-term financial debts +€395,000
up €395,000 (+292.6%), from €135,000 to €530,000
- Other debts +€214,522
up €214,522 (+31.7%), from €676,396 to €890,918
- Trade debts +€141,890
up €141,890 (+76.8%), from €184,800 to €326,690
- Profit (loss) carried forward -€54,071
down €54,071, from €48,928 to -€5,143
Income statement
- Turnover +€373,571
up €373,571 (+25.7%), from €1.5m to €1.8m
- Goods and materials +€183,605
up €183,605 (+30.8%), from €595,409 to €779,014
of which Purchases: +€405,204
- Services and other goods +€116,573
up €116,573 (+43.6%), from €267,604 to €384,177
- Staff costs +€110,387
up €110,387 (+60.4%), from €182,721 to €293,107
- Depreciation +€104,954
up €104,954 (+39.3%), from €266,990 to €371,944
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
€51,306
Turnover
+€373,571
Other operating income
+€5,853
Goods and materials
-€183,605
Services and other goods
-€116,573
Staff costs
-€110,387
Depreciation
-€104,954
Write-downs
+€25,005
Other operating charges
-€8,440
Other operating items
-€1,120
Financial income
+€362
Financial charges
-€3,101
Taxes
+€18,012
Result 2025
-€54,071
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
+€326,771
Investment
-€723,734
Financing
+€396,367
Cash 2024
€37,261
From operations (derived)
+€326,771
Net result for the year
-€54,071
Depreciation
+€371,944
Stocks and contracts
-€250,319
Receivables within one year
-€67,050
Deferred charges and accrued income
-€22,953
Trade debts
+€141,890
Tax, wage and social debts
-€11,043
Other debts
+€214,522
Accrued charges and deferred income
+€3,849
Investment (derived)
-€723,734
Investment in fixed assets (net)
-€723,734
Financing
+€396,367
Debts after one year
-€5,667
Current portion of long-term debt
+€7,034
Short-term financial debts
+€395,000
Cash 2025
€36,665
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,269,469 | €1,960,984 | +€691,516 | +54.5% |
| Fixed assets | 21/28 | €962,414 | €1,314,204 | +€351,790 | +36.6% |
| Intangible fixed assets | 21 | €41,371 | €24,908 | -€16,463 | -39.8% |
| Tangible fixed assets | 22/27 | €921,043 | €1,089,296 | +€168,253 | +18.3% |
| Land and buildings | 22 | €1,615 | €1,027 | -€588 | -36.4% |
| Plant, machinery and equipment | 23 | €854,084 | €987,977 | +€133,893 | +15.7% |
| Furniture and vehicles | 24 | €59,229 | €92,399 | +€33,170 | +56.0% |
| Other tangible fixed assets | 26 | €6,115 | €7,893 | +€1,778 | +29.1% |
| Financial fixed assets | 28 | - | €200,000 | +€200,000 | |
| Affiliated companies | 280/1 | - | €200,000 | +€200,000 | |
| Participating interests | 280 | - | €200,000 | +€200,000 | |
| Current assets | 29/58 | €307,055 | €646,781 | +€339,726 | +110.6% |
| Stocks and contracts in progress | 3 | €129,270 | €379,589 | +€250,319 | +193.6% |
| Stocks | 30/36 | €129,270 | €379,589 | +€250,319 | +193.6% |
| Raw materials and consumables | 30/31 | €16,039 | €3,620 | -€12,419 | -77.4% |
| Goods purchased for resale | 34 | €113,231 | €375,969 | +€262,738 | +232.0% |
| Amounts receivable within one year | 40/41 | €140,511 | €207,561 | +€67,050 | +47.7% |
| Trade receivables | 40 | €96,038 | €139,667 | +€43,629 | +45.4% |
| Other amounts receivable | 41 | €44,473 | €67,894 | +€23,421 | +52.7% |
| Cash at bank and in hand | 54/58 | €37,261 | €36,665 | -€596 | -1.6% |
| Deferred charges and accrued income | 490/1 | €12 | €22,965 | +€22,953 | +185102.0% |
| Total equity and liabilities | 10/49 | €1,269,469 | €1,960,984 | +€691,516 | +54.5% |
| Equity | 10/15 | €110,428 | €56,357 | -€54,071 | -49.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,928 | -€5,143 | -€54,071 | |
| Amounts payable | 17/49 | €1,159,041 | €1,904,627 | +€745,587 | +64.3% |
| Amounts payable after more than one year | 17 | €86,409 | €80,742 | -€5,667 | -6.6% |
| Financial debts | 170/4 | €86,409 | €80,742 | -€5,667 | -6.6% |
| Credit institutions | 173 | €86,409 | €80,742 | -€5,667 | -6.6% |
| Amounts payable within one year | 42/48 | €1,065,114 | €1,812,518 | +€747,404 | +70.2% |
| Current portion of amounts payable after more than one year | 42 | €37,672 | €44,706 | +€7,034 | +18.7% |
| Financial debts | 43 | €135,000 | €530,000 | +€395,000 | +292.6% |
| Other loans | 439 | €135,000 | €530,000 | +€395,000 | +292.6% |
| Trade debts | 44 | €184,800 | €326,690 | +€141,890 | +76.8% |
| Suppliers | 440/4 | €184,800 | €326,690 | +€141,890 | +76.8% |
| Taxes, remuneration and social security | 45 | €31,247 | €20,204 | -€11,043 | -35.3% |
| Taxes | 450/3 | €9,115 | - | -€9,115 | |
| Remuneration and social security | 454/9 | €22,132 | €20,204 | -€1,928 | -8.7% |
| Other amounts payable | 47/48 | €676,396 | €890,918 | +€214,522 | +31.7% |
| Accrued charges and deferred income | 492/3 | €7,518 | €11,367 | +€3,849 | +51.2% |
| Operating income | 70/76A | €1,464,072 | €1,843,496 | +€379,424 | +25.9% |
| Turnover | 70 | €1,453,207 | €1,826,778 | +€373,571 | +25.7% |
| Other operating income | 74 | €10,865 | €16,718 | +€5,853 | +53.9% |
| Operating charges | 60/66A | €1,366,560 | €1,866,634 | +€500,074 | +36.6% |
| Goods for resale, raw materials and consumables | 60 | €595,409 | €779,014 | +€183,605 | +30.8% |
| Purchases | 600/8 | €624,129 | €1,029,333 | +€405,204 | +64.9% |
| Change in stocks: decrease (increase) | 609 | -€28,720 | -€250,319 | -€221,600 | -771.6% |
| Services and other goods | 61 | €267,604 | €384,177 | +€116,573 | +43.6% |
| Remuneration, social security and pensions | 62 | €182,721 | €293,107 | +€110,387 | +60.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €266,990 | €371,944 | +€104,954 | +39.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €38,309 | €13,304 | -€25,005 | -65.3% |
| Other operating charges | 640/8 | €15,527 | €23,967 | +€8,440 | +54.4% |
| Non-recurring operating charges | 66A | - | €1,120 | +€1,120 | |
| Operating profit (loss) | 9901 | €97,512 | -€23,138 | -€120,649 | |
| Financial income | 75/76B | €19 | €381 | +€362 | +1920.6% |
| Recurring financial income | 75 | €19 | €381 | +€362 | +1920.6% |
| Other financial income | 752/9 | €19 | €381 | +€362 | +1920.6% |
| Financial charges | 65/66B | €27,110 | €30,211 | +€3,101 | +11.4% |
| Recurring financial charges | 65 | €27,110 | €30,211 | +€3,101 | +11.4% |
| Debt charges | 650 | €27,087 | €30,152 | +€3,065 | +11.3% |
| Other financial charges | 652/9 | €23 | €59 | +€36 | +154.4% |
| Profit (loss) for the period before taxes | 9903 | €70,421 | -€52,968 | -€123,388 | |
| Income taxes | 67/77 | €19,115 | €1,103 | -€18,012 | -94.2% |
| Taxes | 670/3 | €19,115 | €20,720 | +€1,605 | +8.4% |
| Tax adjustments and reversals of tax provisions | 77 | - | €19,617 | +€19,617 | |
| Profit (loss) for the period | 9904 | €51,306 | -€54,071 | -€105,377 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,306 | -€54,071 | -€105,377 |
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 4 October 2026 via checked.be.