Venture Consult: what changed
Two financial 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 Consult
Largest movements
- Receivables within one year +€444,553
up €444,553 (+2,387%), from €18,624 to €463,178
of which Trade receivables: +€454,741
- Cash -€96,050
down €96,050 (-52.1%), from €184,218 to €88,167
mainly Receivables within one year (-€444,553) and Contributions, distributions and other (-€144,000)
- Tangible fixed assets -€11,415
down €11,415 (-30.3%), from €37,664 to €26,248
- Other debts +€565,000
new in 2025: €565,000
- Reserves -€144,212
down €144,212 (-99.9%), from €144,425 to €213
- Trade debts -€61,057
down €61,057 (-97.1%), from €62,872 to €1,815
- Tax, wage and social debts -€26,142
down €26,142 (-94.6%), from €27,648 to €1,506
- Gross operating margin -€121,269
down €121,269 (-87.6%), from €138,366 to €17,097
- Taxes -€26,142
down €26,142 (-94.6%), from €27,648 to €1,506
- Financial charges +€3,519
up €3,519, from €0 to €3,519
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.
Derived cash bridge
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 | €240,945 | €578,052 | +€337,108 | +140% |
| Fixed assets | 21/28 | €37,664 | €26,248 | -€11,415 | -30.3% |
| Tangible fixed assets | 22/27 | €37,664 | €26,248 | -€11,415 | -30.3% |
| Furniture and vehicles | 24 | €37,664 | €26,248 | -€11,415 | -30.3% |
| Current assets | 29/58 | €203,281 | €551,804 | +€348,523 | +171% |
| Amounts receivable within one year | 40/41 | €18,624 | €463,178 | +€444,553 | +2,387% |
| Trade receivables | 40 | €7,630 | €462,370 | +€454,741 | +5,960% |
| Other amounts receivable | 41 | €10,995 | €807 | -€10,187 | -92.7% |
| Cash at bank and in hand | 54/58 | €184,218 | €88,167 | -€96,050 | -52.1% |
| Deferred charges and accrued income | 490/1 | €439 | €459 | +€20 | +4.5% |
| Total equity and liabilities | 10/49 | €240,945 | €578,052 | +€337,108 | +140% |
| Equity | 10/15 | €150,425 | €6,213 | -€144,212 | -95.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €144,425 | €213 | -€144,212 | -99.9% |
| Distributable reserves | 133 | €144,425 | €213 | -€144,212 | -99.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €90,520 | €571,839 | +€481,320 | +532% |
| Amounts payable within one year | 42/48 | €90,520 | €568,321 | +€477,801 | +528% |
| Trade debts | 44 | €62,872 | €1,815 | -€61,057 | -97.1% |
| Suppliers | 440/4 | €62,872 | €1,815 | -€61,057 | -97.1% |
| Taxes, remuneration and social security | 45 | €27,648 | €1,506 | -€26,142 | -94.6% |
| Taxes | 450/3 | €27,648 | €1,506 | -€26,142 | -94.6% |
| Other amounts payable | 47/48 | - | €565,000 | +€565,000 | |
| Accrued charges and deferred income | 492/3 | - | €3,519 | +€3,519 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,415 | €11,415 | = | 0.0% |
| Other operating charges | 640/8 | €771 | €870 | +€99 | +12.8% |
| Gross operating margin | 9900 | €138,366 | €17,097 | -€121,269 | -87.6% |
| Operating profit (loss) | 9901 | €126,180 | €4,812 | -€121,368 | -96.2% |
| Financial charges | 65/66B | €0 | €3,519 | +€3,519 | |
| Recurring financial charges | 65 | €0 | €3,519 | +€3,519 | |
| Profit (loss) for the period before taxes | 9903 | €126,180 | €1,293 | -€124,887 | -99.0% |
| Income taxes | 67/77 | €27,648 | €1,506 | -€26,142 | -94.6% |
| Profit (loss) for the period | 9904 | €98,532 | -€212 | -€98,745 | |
| Profit (loss) for the period to be appropriated | 9905 | €98,532 | -€212 | -€98,745 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.