Venture Properties: 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 Properties
Largest movements
- Tangible fixed assets -€21,902
down €21,902 (-36.5%), from €60,057 to €38,155
of which Furniture and vehicles: -€26,902
- Receivables within one year -€7,266
down €7,266 (-18.3%), from €39,729 to €32,463
of which Trade receivables: -€6,653
- Intangible fixed assets +€6,000
new in 2025: €6,000
- Cash +€4,293
up €4,293 (+36.7%), from €11,710 to €16,003
mainly Depreciation (+€26,902) and Receivables within one year (+€7,266)
- Deferred charges and accrued income +€4,036
up €4,036 (+317%), from €1,272 to €5,308
- Debts after one year -€13,826
down €13,826 (-41.8%), from €33,106 to €19,280
- Trade debts -€4,070
down €4,070 (-10.5%), from €38,609 to €34,539
- Tax, wage and social debts +€2,137
up €2,137 (+33.9%), from €6,301 to €8,438
- Gross operating margin +€7,280
up €7,280 (+33.1%), from €22,019 to €29,298
- Depreciation +€6,253
up €6,253 (+30.3%), from €20,650 to €26,902
- Financial charges +€481
up €481 (+34.4%), from €1,397 to €1,877
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 | €112,853 | €98,015 | -€14,838 | -13.1% |
| Fixed assets | 21/28 | €60,143 | €44,241 | -€15,902 | -26.4% |
| Intangible fixed assets | 21 | - | €6,000 | +€6,000 | |
| Tangible fixed assets | 22/27 | €60,057 | €38,155 | -€21,902 | -36.5% |
| Furniture and vehicles | 24 | €60,057 | €33,155 | -€26,902 | -44.8% |
| Other tangible fixed assets | 26 | - | €5,000 | +€5,000 | |
| Financial fixed assets | 28 | €86 | €86 | = | 0.0% |
| Current assets | 29/58 | €52,711 | €53,774 | +€1,064 | +2.0% |
| Amounts receivable within one year | 40/41 | €39,729 | €32,463 | -€7,266 | -18.3% |
| Trade receivables | 40 | €23,840 | €17,187 | -€6,653 | -27.9% |
| Other amounts receivable | 41 | €15,889 | €15,276 | -€613 | -3.9% |
| Cash at bank and in hand | 54/58 | €11,710 | €16,003 | +€4,293 | +36.7% |
| Deferred charges and accrued income | 490/1 | €1,272 | €5,308 | +€4,036 | +317% |
| Total equity and liabilities | 10/49 | €112,853 | €98,015 | -€14,838 | -13.1% |
| Equity | 10/15 | €21,533 | €21,932 | +€399 | +1.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €11,533 | €11,932 | +€399 | +3.5% |
| Distributable reserves | 133 | €11,533 | €11,932 | +€399 | +3.5% |
| Amounts payable | 17/49 | €91,320 | €76,083 | -€15,237 | -16.7% |
| Amounts payable after more than one year | 17 | €33,106 | €19,280 | -€13,826 | -41.8% |
| Financial debts | 170/4 | €33,106 | €19,280 | -€13,826 | -41.8% |
| Amounts payable within one year | 42/48 | €58,215 | €56,803 | -€1,412 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €13,304 | €13,826 | +€521 | +3.9% |
| Trade debts | 44 | €38,609 | €34,539 | -€4,070 | -10.5% |
| Suppliers | 440/4 | €38,609 | €34,539 | -€4,070 | -10.5% |
| Taxes, remuneration and social security | 45 | €6,301 | €8,438 | +€2,137 | +33.9% |
| Taxes | 450/3 | €6,301 | €8,438 | +€2,137 | +33.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,650 | €26,902 | +€6,253 | +30.3% |
| Other operating charges | 640/8 | €235 | €120 | -€115 | -48.9% |
| Gross operating margin | 9900 | €22,019 | €29,298 | +€7,280 | +33.1% |
| Operating profit (loss) | 9901 | €1,134 | €2,276 | +€1,142 | +101% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €1,397 | €1,877 | +€481 | +34.4% |
| Recurring financial charges | 65 | €1,397 | €1,877 | +€481 | +34.4% |
| Profit (loss) for the period before taxes | 9903 | -€263 | €399 | +€662 | |
| Income taxes | 67/77 | -€291 | €0 | +€291 | |
| Profit (loss) for the period | 9904 | €29 | €399 | +€370 | +1,287% |
| Profit (loss) for the period to be appropriated | 9905 | €29 | €399 | +€370 | +1,287% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.