VENTURES MEDIA: 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.
What changed
VENTURES MEDIA
NACE 58.130, Publishing activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€19,655
2024 · -€759,477+€739,822
Equity
€750,983
2024 · €770,577-€19,594
Cash
€134,507
2024 · €97,349+€37,158
Balance sheet total
€6.4m
2024 · €5.5m+€907,662
Largest movements
Assets
- Receivables within one year +€865,633
up €865,633 (+21.8%), from €4.0m to €4.8m
of which Other amounts receivable: +€2.0m
Equity and liabilities
- Other debts +€1.1m
up €1.1m (+42.0%), from €2.6m to €3.7m
- Tax, wage and social debts -€406,517
down €406,517 (-71.1%), from €571,442 to €164,924
of which Taxes: -€334,332
- Current portion of long-term debt +€115,265
up €115,265 (+342%), from €33,715 to €148,980
- Trade debts +€99,971
up €99,971 (+6.9%), from €1.4m to €1.5m
of which Suppliers: +€209,454
Income statement
- Turnover +€4.6m
new in 2025: €4.6m
- Purchases and services +€3.8m
new in 2025: €3.8m
- Gross operating margin +€835,367
up €835,367 (+1,062%), from €78,695 to €914,062
- Staff costs -€132,492
down €132,492 (-16.2%), from €818,958 to €686,467
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.
Result 2024
-€759,477
Gross operating margin
+€835,367
Staff costs
+€132,492
Depreciation
-€11,074
Write-downs
+€25,522
Other operating charges
+€21,036
Other operating items
-€2,200
Financial income
+€22,079
Financial charges
-€7,808
Taxes
-€22,522
Deferred taxes and other
-€253,070
Result 2025
-€19,655
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€65,904
Investment
-€12,265
Financing
+€115,327
Cash 2024
€97,349
From operations (derived)
-€65,904
Net result for the year
-€19,655
Depreciation
+€38,302
Receivables within one year
-€865,633
Deferred charges and accrued income
-€30,907
Trade debts
+€99,971
Tax, wage and social debts
-€406,517
Other debts
+€1.1m
Accrued charges and deferred income
+€14,402
Investment (derived)
-€12,265
Investment in fixed assets (net)
-€12,265
Financing
+€115,327
Current portion of long-term debt
+€115,265
Contributions, distributions and other
+€62
Cash 2025
€134,507
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,469,016 | €6,376,677 | +€907,662 | +16.6% |
| Fixed assets | 21/28 | €1,403,074 | €1,377,037 | -€26,037 | -1.9% |
| Tangible fixed assets | 22/27 | €77,721 | €61,684 | -€16,038 | -20.6% |
| Furniture and vehicles | 24 | €77,721 | €61,684 | -€16,038 | -20.6% |
| Financial fixed assets | 28 | €1,325,352 | €1,315,353 | -€9,999 | -0.8% |
| Current assets | 29/58 | €4,065,942 | €4,999,641 | +€933,698 | +23.0% |
| Amounts receivable within one year | 40/41 | €3,961,775 | €4,827,408 | +€865,633 | +21.8% |
| Trade receivables | 40 | €2,135,431 | €1,037,079 | -€1.1m | -51.4% |
| Other amounts receivable | 41 | €1,826,344 | €3,790,329 | +€2.0m | +108% |
| Cash at bank and in hand | 54/58 | €97,349 | €134,507 | +€37,158 | +38.2% |
| Deferred charges and accrued income | 490/1 | €6,818 | €37,726 | +€30,907 | +453% |
| Total equity and liabilities | 10/49 | €5,469,016 | €6,376,677 | +€907,662 | +16.6% |
| Equity | 10/15 | €770,577 | €750,983 | -€19,594 | -2.5% |
| Contributions | 10/11 | €1,060,147 | €1,060,147 | +€0 | 0.0% |
| Capital | 10 | €975,000 | €975,000 | = | 0.0% |
| Issued capital | 100 | €975,000 | €975,000 | = | 0.0% |
| Contributions outside capital | 11 | €85,147 | €85,147 | +€0 | 0.0% |
| Share premium | 1100/10 | €85,147 | €85,147 | +€0 | 0.0% |
| Revaluation surpluses | 12 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €35,412 | €35,412 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €16,662 | €16,662 | -€0 | 0.0% |
| Legal reserve | 130 | €16,662 | €16,662 | -€0 | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€574,982 | -€594,576 | -€19,594 | -3.4% |
| Amounts payable | 17/49 | €4,698,439 | €5,625,694 | +€927,255 | +19.7% |
| Amounts payable within one year | 42/48 | €4,684,772 | €5,597,626 | +€912,854 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €33,715 | €148,980 | +€115,265 | +342% |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Trade debts | 44 | €1,449,154 | €1,549,124 | +€99,971 | +6.9% |
| Suppliers | 440/4 | €1,339,671 | €1,549,124 | +€209,454 | +15.6% |
| Bills of exchange payable | 441 | €109,483 | - | -€109,483 | |
| Taxes, remuneration and social security | 45 | €571,442 | €164,924 | -€406,517 | -71.1% |
| Taxes | 450/3 | €414,186 | €79,854 | -€334,332 | -80.7% |
| Remuneration and social security | 454/9 | €157,256 | €85,070 | -€72,185 | -45.9% |
| Other amounts payable | 47/48 | €2,630,462 | €3,734,597 | +€1.1m | +42.0% |
| Accrued charges and deferred income | 492/3 | €13,667 | €28,068 | +€14,402 | +105% |
| Turnover | 70 | - | €4,609,289 | +€4.6m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €3,807,566 | +€3.8m | |
| Remuneration, social security and pensions | 62 | €818,958 | €686,467 | -€132,492 | -16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,227 | €38,302 | +€11,074 | +40.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €25,522 | - | -€25,522 | |
| Other operating charges | 640/8 | €183,946 | €162,911 | -€21,036 | -11.4% |
| Non-recurring operating charges | 66A | - | €2,200 | +€2,200 | |
| Gross operating margin | 9900 | €78,695 | €914,062 | +€835,367 | +1,062% |
| Operating profit (loss) | 9901 | -€976,959 | €24,183 | +€1.0m | |
| Financial income | 75/76B | - | €22,079 | +€22,079 | |
| Recurring financial income | 75 | - | €22,079 | +€22,079 | |
| Financial charges | 65/66B | €14,754 | €22,562 | +€7,808 | +52.9% |
| Recurring financial charges | 65 | €14,754 | €22,562 | +€7,808 | +52.9% |
| Profit (loss) for the period before taxes | 9903 | -€991,713 | €23,701 | +€1.0m | |
| Transfer from deferred taxes | 780 | €253,070 | - | -€253,070 | |
| Income taxes | 67/77 | €20,834 | €43,356 | +€22,522 | +108% |
| Profit (loss) for the period | 9904 | -€759,477 | -€19,655 | +€739,822 | +97.4% |
| Transfer from tax-exempt reserves | 789 | €759,210 | - | -€759,210 | |
| Profit (loss) for the period to be appropriated | 9905 | -€267 | -€19,655 | -€19,388 | -7,256% |
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 22 October 2026 via checked.be.