Ventur-I: 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.
Ventur-I
Largest movements
- Cash -€35,842
down €35,842 (-34.1%), from €105,055 to €69,212
mainly Provisions (-€15,000) and Receivables within one year (-€12,256)
- Receivables within one year +€12,256
up €12,256 (+51.4%), from €23,835 to €36,090
of which Trade receivables: +€11,616
- Tangible fixed assets -€10,678
down €10,678 (-5.7%), from €188,588 to €177,910
of which Land and buildings: -€8,789
- Provisions -€15,000
down €15,000 (-58.8%), from €25,500 to €10,500
- Tax, wage and social debts -€6,782
down €6,782 (-59.1%), from €11,469 to €4,687
- Debts after one year -€6,433
down €6,433 (-41.7%), from €15,438 to €9,004
- Gross operating margin -€38,765
down €38,765, from €33,856 to -€4,909
- Provisions -€15,000
new in 2025: -€15,000
- Taxes -€3,840
down €3,840 (-87.2%), from €4,405 to €565
- Depreciation -€3,178
down €3,178 (-22.9%), from €13,856 to €10,678
- Financial income +€1,884
new in 2025: €1,884
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 | €423,369 | €389,105 | -€34,264 | -8.1% |
| Fixed assets | 21/28 | €188,588 | €177,910 | -€10,678 | -5.7% |
| Tangible fixed assets | 22/27 | €188,588 | €177,910 | -€10,678 | -5.7% |
| Land and buildings | 22 | €174,699 | €165,910 | -€8,789 | -5.0% |
| Furniture and vehicles | 24 | €13,888 | €12,000 | -€1,888 | -13.6% |
| Current assets | 29/58 | €234,781 | €211,195 | -€23,586 | -10.0% |
| Amounts receivable within one year | 40/41 | €23,835 | €36,090 | +€12,256 | +51.4% |
| Trade receivables | 40 | - | €11,616 | +€11,616 | |
| Other amounts receivable | 41 | €23,835 | €24,474 | +€640 | +2.7% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €105,055 | €69,212 | -€35,842 | -34.1% |
| Deferred charges and accrued income | 490/1 | €5,892 | €5,892 | = | 0.0% |
| Total equity and liabilities | 10/49 | €423,369 | €389,105 | -€34,264 | -8.1% |
| Equity | 10/15 | €283,099 | €279,834 | -€3,265 | -1.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €142,001 | €142,001 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,903 | €2,903 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,903 | €2,903 | = | 0.0% |
| Distributable reserves | 133 | €139,098 | €139,098 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,098 | €107,833 | -€3,265 | -2.9% |
| Provisions and deferred taxes | 16 | €25,500 | €10,500 | -€15,000 | -58.8% |
| Provisions for liabilities and charges | 160/5 | €25,500 | €10,500 | -€15,000 | -58.8% |
| Major repairs and maintenance | 162 | €10,500 | €10,500 | = | 0.0% |
| Environmental obligations | 163 | €15,000 | - | -€15,000 | |
| Amounts payable | 17/49 | €114,770 | €98,771 | -€15,999 | -13.9% |
| Amounts payable after more than one year | 17 | €15,438 | €9,004 | -€6,433 | -41.7% |
| Financial debts | 170/4 | €15,438 | €9,004 | -€6,433 | -41.7% |
| Amounts payable within one year | 42/48 | €99,332 | €89,766 | -€9,566 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €6,083 | €6,353 | +€269 | +4.4% |
| Trade debts | 44 | €81,780 | €78,464 | -€3,316 | -4.1% |
| Suppliers | 440/4 | €81,780 | €78,464 | -€3,316 | -4.1% |
| Taxes, remuneration and social security | 45 | €11,469 | €4,687 | -€6,782 | -59.1% |
| Taxes | 450/3 | €11,469 | €4,687 | -€6,782 | -59.1% |
| Other amounts payable | 47/48 | €0 | €262 | +€262 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,856 | €10,678 | -€3,178 | -22.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€15,000 | -€15,000 | |
| Other operating charges | 640/8 | €3,017 | €3,066 | +€49 | +1.6% |
| Gross operating margin | 9900 | €33,856 | -€4,909 | -€38,765 | |
| Operating profit (loss) | 9901 | €16,983 | -€3,653 | -€20,636 | |
| Financial income | 75/76B | - | €1,884 | +€1,884 | |
| Recurring financial income | 75 | - | €1,884 | +€1,884 | |
| Financial charges | 65/66B | €1,660 | €931 | -€728 | -43.9% |
| Recurring financial charges | 65 | €1,660 | €931 | -€728 | -43.9% |
| Profit (loss) for the period before taxes | 9903 | €15,324 | -€2,700 | -€18,024 | |
| Income taxes | 67/77 | €4,405 | €565 | -€3,840 | -87.2% |
| Profit (loss) for the period | 9904 | €10,919 | -€3,265 | -€14,184 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,919 | -€3,265 | -€14,184 |
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 1 October 2026 via checked.be.