VENTURA: 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.
VENTURA
Largest movements
- Receivables within one year -€973,684
down €973,684 (-27.1%), from €3.6m to €2.6m
of which Other amounts receivable: -€973,684
- Cash -€146,038
down €146,038 (-19.8%), from €736,135 to €590,097
mainly Other debts (-€1.1m) and Trade debts (-€101,125)
- Other debts -€1.1m
down €1.1m (-91.4%), from €1.2m to €100,453
- Trade debts -€101,125
down €101,125 (-97.3%), from €103,974 to €2,849
- Financial income -€910,959
down €910,959 (-93.3%), from €976,889 to €65,931
- Gross operating margin +€239,458
up €239,458, from -€230,450 to €9,008
- Financial charges -€25,690
down €25,690 (-64.9%), from €39,606 to €13,917
of which Financial charges: -€19,100
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 | €9,098,402 | €7,972,961 | -€1.1m | -12.4% |
| Fixed assets | 21/28 | €4,761,652 | €4,756,418 | -€5,234 | -0.1% |
| Tangible fixed assets | 22/27 | €65,401 | €60,167 | -€5,234 | -8.0% |
| Land and buildings | 22 | €50,151 | €50,000 | -€151 | -0.3% |
| Other tangible fixed assets | 26 | €15,250 | €10,167 | -€5,083 | -33.3% |
| Financial fixed assets | 28 | €4,696,251 | €4,696,251 | = | 0.0% |
| Current assets | 29/58 | €4,336,750 | €3,216,543 | -€1.1m | -25.8% |
| Amounts receivable within one year | 40/41 | €3,599,407 | €2,625,723 | -€973,684 | -27.1% |
| Trade receivables | 40 | €1,300 | €1,300 | = | 0.0% |
| Other amounts receivable | 41 | €3,598,107 | €2,624,423 | -€973,684 | -27.1% |
| Cash at bank and in hand | 54/58 | €736,135 | €590,097 | -€146,038 | -19.8% |
| Deferred charges and accrued income | 490/1 | €1,208 | €723 | -€485 | -40.1% |
| Total equity and liabilities | 10/49 | €9,098,402 | €7,972,961 | -€1.1m | -12.4% |
| Equity | 10/15 | €7,820,639 | €7,869,659 | +€49,020 | +0.6% |
| Contributions | 10/11 | €3,120,000 | €3,120,000 | = | 0.0% |
| Capital | 10 | €3,120,000 | €3,120,000 | = | 0.0% |
| Issued capital | 100 | €3,120,000 | €3,120,000 | = | 0.0% |
| Reserves | 13 | €4,700,639 | €4,749,659 | +€49,020 | +1.0% |
| Non-distributable reserves | 130/1 | €312,000 | €312,000 | = | 0.0% |
| Legal reserve | 130 | €312,000 | €312,000 | = | 0.0% |
| Distributable reserves | 133 | €4,388,639 | €4,437,659 | +€49,020 | +1.1% |
| Amounts payable | 17/49 | €1,277,763 | €103,302 | -€1.2m | -91.9% |
| Amounts payable within one year | 42/48 | €1,277,763 | €103,302 | -€1.2m | -91.9% |
| Trade debts | 44 | €103,974 | €2,849 | -€101,125 | -97.3% |
| Suppliers | 440/4 | €103,974 | €2,849 | -€101,125 | -97.3% |
| Other amounts payable | 47/48 | €1,173,789 | €100,453 | -€1.1m | -91.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,743 | €5,234 | -€1,509 | -22.4% |
| Other operating charges | 640/8 | €6,759 | €6,768 | +€9 | +0.1% |
| Gross operating margin | 9900 | -€230,450 | €9,008 | +€239,458 | |
| Operating profit (loss) | 9901 | -€243,951 | -€2,994 | +€240,957 | +98.8% |
| Financial income | 75/76B | €976,889 | €65,931 | -€910,959 | -93.3% |
| Recurring financial income | 75 | €976,889 | €65,931 | -€910,959 | -93.3% |
| Financial charges | 65/66B | €39,606 | €13,917 | -€25,690 | -64.9% |
| Recurring financial charges | 65 | €33,016 | €13,917 | -€19,100 | -57.8% |
| Non-recurring financial charges | 66B | €6,590 | €0 | -€6,590 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €693,332 | €49,020 | -€644,312 | -92.9% |
| Income taxes | 67/77 | €0 | €0 | = | 0.0% |
| Profit (loss) for the period | 9904 | €693,331 | €49,020 | -€644,312 | -92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €693,331 | €49,020 | -€644,312 | -92.9% |
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 7 October 2026 via checked.be.