@VENTURES: 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.
@VENTURES
Largest movements
- Current assets +€22,873
up €22,873 (+11.3%), from €203,004 to €225,877
of which Cash: +€50,116
- Tangible fixed assets +€10,909
up €10,909 (+41.5%), from €26,294 to €37,203
- Profit (loss) carried forward +€63,857
up €63,857 (+40.5%), from €157,810 to €221,667
- Debts within one year -€29,875
down €29,875 (-47.1%), from €63,428 to €33,554
- Gross operating margin -€22,821
down €22,821 (-18.3%), from €124,699 to €101,878
- Taxes +€7,270
up €7,270 (+25.0%), from €29,132 to €36,402
From the 2009 result to the 2010 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2009 | 2010 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €229,298 | €263,280 | +€33,982 | +14.8% |
| Fixed assets | 21/28 | €26,294 | €37,403 | +€11,109 | +42.2% |
| Tangible fixed assets | 22/27 | €26,294 | €37,203 | +€10,909 | +41.5% |
| Financial fixed assets | 28 | - | €200 | +€200 | |
| Current assets | 29/58 | €203,004 | €225,877 | +€22,873 | +11.3% |
| Amounts receivable within one year | 40/41 | €50,302 | €66,318 | +€16,016 | +31.8% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €101,448 | €151,563 | +€50,116 | +49.4% |
| Total equity and liabilities | 10/49 | €229,298 | €263,280 | +€33,982 | +14.8% |
| Equity | 10/15 | €165,870 | €229,727 | +€63,857 | +38.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €157,810 | €221,667 | +€63,857 | +40.5% |
| Amounts payable | 17/49 | €63,428 | €33,554 | -€29,875 | -47.1% |
| Amounts payable within one year | 42/48 | €63,428 | €33,554 | -€29,875 | -47.1% |
| Trade debts | 44 | €7,242 | €7,074 | -€168 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,699 | €7,524 | -€175 | -2.3% |
| Gross operating margin | 9900 | €124,699 | €101,878 | -€22,821 | -18.3% |
| Operating profit (loss) | 9901 | €114,997 | €90,571 | -€24,425 | -21.2% |
| Recurring financial income | 75 | €7,188 | €8,158 | +€970 | +13.5% |
| Recurring financial charges | 65 | €1,381 | €1,295 | -€87 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €122,534 | €100,259 | -€22,275 | -18.2% |
| Income taxes | 67/77 | €29,132 | €36,402 | +€7,270 | +25.0% |
| Profit (loss) for the period | 9904 | €93,402 | €63,857 | -€29,545 | -31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €93,402 | €63,857 | -€29,545 | -31.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2009 and 30 September 2010. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.