VENTURE-IT: 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-IT
Largest movements
- Current investments +€19,500
up €19,500 (+35.8%), from €54,545 to €74,045
- Tangible fixed assets -€16,874
down €16,874 (-33.9%), from €49,726 to €32,851
- Cash -€15,760
down €15,760 (-10.7%), from €147,102 to €131,342
mainly Contributions, distributions and other (-€65,000) and Current investments (-€19,500)
- Deferred charges and accrued income +€9,744
up €9,744 (+745.0%), from €1,308 to €11,052
- Stocks and contracts +€5,786
up €5,786 (+23.1%), from €25,019 to €30,805
- Other debts +€60,340
up €60,340 (+174.1%), from €34,660 to €95,000
- Reserves -€39,625
down €39,625 (-11.8%), from €334,863 to €295,238
- Tax, wage and social debts -€16,920
down €16,920 (-65.1%), from €25,982 to €9,062
of which Taxes: -€13,320
- Trade debts +€16,162
up €16,162 (+270.7%), from €5,971 to €22,132
- Debts after one year -€12,303
down €12,303 (-49.6%), from €24,794 to €12,491
- Gross operating margin -€100,093
down €100,093 (-65.1%), from €153,818 to €53,725
- Taxes -€28,291
down €28,291 (-71.3%), from €39,658 to €11,368
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 | €441,878 | €446,226 | +€4,348 | +1.0% |
| Fixed assets | 21/28 | €49,726 | €32,851 | -€16,874 | -33.9% |
| Tangible fixed assets | 22/27 | €49,726 | €32,851 | -€16,874 | -33.9% |
| Furniture and vehicles | 24 | €49,726 | €32,851 | -€16,874 | -33.9% |
| Current assets | 29/58 | €392,152 | €413,375 | +€21,223 | +5.4% |
| Amounts receivable after more than one year | 29 | €124,915 | €126,037 | +€1,122 | +0.9% |
| Other amounts receivable | 291 | €124,915 | €126,037 | +€1,122 | +0.9% |
| Stocks and contracts in progress | 3 | €25,019 | €30,805 | +€5,786 | +23.1% |
| Stocks | 30/36 | €25,019 | €30,805 | +€5,786 | +23.1% |
| Amounts receivable within one year | 40/41 | €39,263 | €40,094 | +€831 | +2.1% |
| Trade receivables | 40 | €39,263 | €22,461 | -€16,802 | -42.8% |
| Other amounts receivable | 41 | - | €17,633 | +€17,633 | |
| Current investments | 50/53 | €54,545 | €74,045 | +€19,500 | +35.8% |
| Cash at bank and in hand | 54/58 | €147,102 | €131,342 | -€15,760 | -10.7% |
| Deferred charges and accrued income | 490/1 | €1,308 | €11,052 | +€9,744 | +745.0% |
| Total equity and liabilities | 10/49 | €441,878 | €446,226 | +€4,348 | +1.0% |
| Equity | 10/15 | €334,863 | €295,238 | -€39,625 | -11.8% |
| Reserves | 13 | €334,863 | €295,238 | -€39,625 | -11.8% |
| Distributable reserves | 133 | €334,863 | €295,238 | -€39,625 | -11.8% |
| Amounts payable | 17/49 | €107,015 | €150,988 | +€43,973 | +41.1% |
| Amounts payable after more than one year | 17 | €24,794 | €12,491 | -€12,303 | -49.6% |
| Financial debts | 170/4 | €24,794 | €12,491 | -€12,303 | -49.6% |
| Amounts payable within one year | 42/48 | €82,221 | €138,497 | +€56,276 | +68.4% |
| Current portion of amounts payable after more than one year | 42 | €15,608 | €12,303 | -€3,305 | -21.2% |
| Trade debts | 44 | €5,971 | €22,132 | +€16,162 | +270.7% |
| Suppliers | 440/4 | €5,971 | €22,132 | +€16,162 | +270.7% |
| Taxes, remuneration and social security | 45 | €25,982 | €9,062 | -€16,920 | -65.1% |
| Taxes | 450/3 | €22,382 | €9,062 | -€13,320 | -59.5% |
| Remuneration and social security | 454/9 | €3,600 | - | -€3,600 | |
| Other amounts payable | 47/48 | €34,660 | €95,000 | +€60,340 | +174.1% |
| Non-recurring operating income | 76A | €400 | - | -€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,695 | €16,874 | +€180 | +1.1% |
| Other operating charges | 640/8 | €852 | €646 | -€206 | -24.2% |
| Non-recurring operating charges | 66A | €5,264 | - | -€5,264 | |
| Gross operating margin | 9900 | €153,818 | €53,725 | -€100,093 | -65.1% |
| Operating profit (loss) | 9901 | €131,007 | €36,204 | -€94,803 | -72.4% |
| Financial income | 75/76B | €1,730 | €1,122 | -€608 | -35.1% |
| Recurring financial income | 75 | €1,730 | €1,122 | -€608 | -35.1% |
| Financial charges | 65/66B | €855 | €584 | -€272 | -31.8% |
| Recurring financial charges | 65 | €855 | €584 | -€272 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €131,881 | €36,743 | -€95,139 | -72.1% |
| Income taxes | 67/77 | €39,658 | €11,368 | -€28,291 | -71.3% |
| Profit (loss) for the period | 9904 | €92,223 | €25,375 | -€66,848 | -72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €92,223 | €25,375 | -€66,848 | -72.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.