Venture Queue: 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 Queue
Largest movements
- Cash -€85,740
down €85,740 (-97.3%), from €88,095 to €2,355
mainly Contributions, distributions and other (-€232,137) and Tax, wage and social debts (-€21,722)
- Current investments -€16,264
down €16,264 (-25.0%), from €65,128 to €48,863
- Tangible fixed assets -€2,748
down €2,748 (-34.5%), from €7,959 to €5,211
of which Plant, machinery and equipment: -€1,604
- Reserves -€137,166
down €137,166 (-100.0%), from €137,166 to €0
- Other debts +€52,562
up €52,562 (+584.7%), from €8,989 to €61,551
- Tax, wage and social debts -€21,722
down €21,722 (-64.5%), from €33,661 to €11,939
- Trade debts +€2,224
up €2,224 (+1740.4%), from €128 to €2,352
- Financial income +€12,961
up €12,961 (+83.1%), from €15,601 to €28,562
- Financial charges -€8,032
down €8,032 (-98.7%), from €8,137 to €105
- Gross operating margin +€2,003
up €2,003 (+2.1%), from €95,394 to €97,397
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 | €180,944 | €76,841 | -€104,102 | -57.5% |
| Fixed assets | 21/28 | €8,209 | €5,461 | -€2,748 | -33.5% |
| Tangible fixed assets | 22/27 | €7,959 | €5,211 | -€2,748 | -34.5% |
| Plant, machinery and equipment | 23 | €5,283 | €3,679 | -€1,604 | -30.4% |
| Furniture and vehicles | 24 | €2,676 | €1,532 | -€1,144 | -42.8% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €172,734 | €71,380 | -€101,354 | -58.7% |
| Amounts receivable within one year | 40/41 | €19,512 | €20,162 | +€650 | +3.3% |
| Trade receivables | 40 | €14,653 | €17,019 | +€2,366 | +16.1% |
| Other amounts receivable | 41 | €4,858 | €3,143 | -€1,715 | -35.3% |
| Current investments | 50/53 | €65,128 | €48,863 | -€16,264 | -25.0% |
| Cash at bank and in hand | 54/58 | €88,095 | €2,355 | -€85,740 | -97.3% |
| Total equity and liabilities | 10/49 | €180,944 | €76,841 | -€104,102 | -57.5% |
| Equity | 10/15 | €138,166 | €1,000 | -€137,166 | -99.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €137,166 | €0 | -€137,166 | -100.0% |
| Distributable reserves | 133 | €137,166 | €0 | -€137,166 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €42,778 | €75,841 | +€33,063 | +77.3% |
| Amounts payable within one year | 42/48 | €42,778 | €75,841 | +€33,063 | +77.3% |
| Trade debts | 44 | €128 | €2,352 | +€2,224 | +1740.4% |
| Suppliers | 440/4 | €128 | €2,352 | +€2,224 | +1740.4% |
| Taxes, remuneration and social security | 45 | €33,661 | €11,939 | -€21,722 | -64.5% |
| Taxes | 450/3 | €33,661 | €11,939 | -€21,722 | -64.5% |
| Other amounts payable | 47/48 | €8,989 | €61,551 | +€52,562 | +584.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,000 | €2,748 | -€252 | -8.4% |
| Other operating charges | 640/8 | €880 | €1,179 | +€299 | +34.0% |
| Non-recurring operating charges | 66A | €552 | €0 | -€552 | -100.0% |
| Gross operating margin | 9900 | €95,394 | €97,397 | +€2,003 | +2.1% |
| Operating profit (loss) | 9901 | €90,961 | €93,470 | +€2,508 | +2.8% |
| Financial income | 75/76B | €15,601 | €28,562 | +€12,961 | +83.1% |
| Recurring financial income | 75 | €15,601 | €28,562 | +€12,961 | +83.1% |
| Financial charges | 65/66B | €8,137 | €105 | -€8,032 | -98.7% |
| Recurring financial charges | 65 | €8,137 | €105 | -€8,032 | -98.7% |
| Profit (loss) for the period before taxes | 9903 | €98,425 | €121,927 | +€23,501 | +23.9% |
| Income taxes | 67/77 | €27,287 | €26,956 | -€331 | -1.2% |
| Profit (loss) for the period | 9904 | €71,139 | €94,971 | +€23,833 | +33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €71,139 | €94,971 | +€23,833 | +33.5% |
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 1 October 2026 via checked.be.