Venture: 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.
Venture
Largest movements
- Cash -€63,957
down €63,957 (-65.2%), from €98,051 to €34,094
mainly Net result for the year (-€49,679) and Tax, wage and social debts (-€10,601)
- Tangible fixed assets +€7,875
up €7,875 (+9.6%), from €81,881 to €89,756
of which Other tangible fixed assets: +€7,875
- Profit (loss) carried forward -€49,679
down €49,679 (-1089.6%), from -€4,560 to -€54,238
- Tax, wage and social debts -€10,601
down €10,601 (-46.9%), from €22,613 to €12,011
- Other debts +€4,559
new in 2024: €4,559
- Gross operating margin -€118,077
down €118,077, from €69,157 to -€48,921
- Depreciation -€13,496
down €13,496 (-100.0%), from €13,496 to €0
- Taxes -€12,086
down €12,086 (-98.3%), from €12,300 to €214
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €279,945 | €224,351 | -€55,594 | -19.9% |
| Fixed assets | 21/28 | €81,881 | €89,756 | +€7,875 | +9.6% |
| Tangible fixed assets | 22/27 | €81,881 | €89,756 | +€7,875 | +9.6% |
| Plant, machinery and equipment | 23 | €2,466 | €2,466 | = | 0.0% |
| Furniture and vehicles | 24 | €44,009 | €44,009 | = | 0.0% |
| Other tangible fixed assets | 26 | €35,406 | €43,281 | +€7,875 | +22.2% |
| Current assets | 29/58 | €198,065 | €134,596 | -€63,469 | -32.0% |
| Stocks and contracts in progress | 3 | €6,013 | €6,013 | = | 0.0% |
| Stocks | 30/36 | €6,013 | €6,013 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €73,340 | €73,828 | +€488 | +0.7% |
| Trade receivables | 40 | €66,046 | €67,568 | +€1,523 | +2.3% |
| Other amounts receivable | 41 | €7,294 | €6,260 | -€1,034 | -14.2% |
| Cash at bank and in hand | 54/58 | €98,051 | €34,094 | -€63,957 | -65.2% |
| Deferred charges and accrued income | 490/1 | €20,660 | €20,660 | = | 0.0% |
| Total equity and liabilities | 10/49 | €279,945 | €224,351 | -€55,594 | -19.9% |
| Equity | 10/15 | €218,130 | €168,451 | -€49,679 | -22.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €204,090 | €204,090 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €202,230 | €202,230 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,560 | -€54,238 | -€49,679 | -1089.6% |
| Amounts payable | 17/49 | €61,815 | €55,900 | -€5,915 | -9.6% |
| Amounts payable within one year | 42/48 | €61,815 | €55,900 | -€5,915 | -9.6% |
| Trade debts | 44 | €39,202 | €39,329 | +€127 | +0.3% |
| Suppliers | 440/4 | €39,202 | €39,329 | +€127 | +0.3% |
| Taxes, remuneration and social security | 45 | €22,613 | €12,011 | -€10,601 | -46.9% |
| Taxes | 450/3 | €22,613 | €12,011 | -€10,601 | -46.9% |
| Other amounts payable | 47/48 | - | €4,559 | +€4,559 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,496 | €0 | -€13,496 | -100.0% |
| Other operating charges | 640/8 | €501 | €118 | -€383 | -76.5% |
| Gross operating margin | 9900 | €69,157 | -€48,921 | -€118,077 | |
| Operating profit (loss) | 9901 | €55,159 | -€49,039 | -€104,198 | |
| Financial charges | 65/66B | €627 | €426 | -€201 | -32.1% |
| Recurring financial charges | 65 | €627 | €426 | -€201 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €54,532 | -€49,465 | -€103,997 | |
| Income taxes | 67/77 | €12,300 | €214 | -€12,086 | -98.3% |
| Profit (loss) for the period | 9904 | €42,232 | -€49,679 | -€91,911 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,232 | -€49,679 | -€91,911 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.