Ventures@RV: 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@RV
Largest movements
- Cash +€54,942
up €54,942 (+68.1%), from €80,621 to €135,563
mainly Other debts (+€41,648) and Net result for the year (+€31,943)
- Receivables within one year +€38,049
up €38,049 (+237.7%), from €16,006 to €54,055
of which Trade receivables: +€34,050
- Tangible fixed assets -€12,157
down €12,157 (-66.5%), from €18,275 to €6,118
- Intangible fixed assets +€6,704
new in 2025: €6,704
- Other debts +€41,648
up €41,648 (+54.3%), from €76,707 to €118,355
- Profit (loss) carried forward +€31,943
up €31,943 (+44.3%), from -€72,104 to -€40,161
- Tax, wage and social debts +€8,660
up €8,660 (+95.6%), from €9,058 to €17,718
- Trade debts +€5,158
up €5,158 (+486.9%), from €1,059 to €6,217
- Gross operating margin +€104,666
up €104,666, from -€51,418 to €53,248
- Depreciation +€887
up €887 (+4.6%), from €19,264 to €20,152
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 | €154,735 | €243,486 | +€88,751 | +57.4% |
| Fixed assets | 21/28 | €18,275 | €12,822 | -€5,452 | -29.8% |
| Intangible fixed assets | 21 | - | €6,704 | +€6,704 | |
| Tangible fixed assets | 22/27 | €18,275 | €6,118 | -€12,157 | -66.5% |
| Furniture and vehicles | 24 | €18,275 | €6,118 | -€12,157 | -66.5% |
| Current assets | 29/58 | €136,460 | €230,663 | +€94,204 | +69.0% |
| Amounts receivable within one year | 40/41 | €16,006 | €54,055 | +€38,049 | +237.7% |
| Trade receivables | 40 | €9,075 | €43,125 | +€34,050 | +375.2% |
| Other amounts receivable | 41 | €6,931 | €10,930 | +€3,999 | +57.7% |
| Current investments | 50/53 | €39,561 | €40,811 | +€1,250 | +3.2% |
| Cash at bank and in hand | 54/58 | €80,621 | €135,563 | +€54,942 | +68.1% |
| Deferred charges and accrued income | 490/1 | €272 | €235 | -€37 | -13.6% |
| Total equity and liabilities | 10/49 | €154,735 | €243,486 | +€88,751 | +57.4% |
| Equity | 10/15 | €67,910 | €99,853 | +€31,943 | +47.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €139,014 | €139,014 | = | 0.0% |
| Distributable reserves | 133 | €139,014 | €139,014 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,104 | -€40,161 | +€31,943 | +44.3% |
| Amounts payable | 17/49 | €86,825 | €143,632 | +€56,808 | +65.4% |
| Amounts payable within one year | 42/48 | €86,825 | €143,632 | +€56,808 | +65.4% |
| Financial debts | 43 | - | €1,341 | +€1,341 | |
| Credit institutions | 430/8 | - | €1,341 | +€1,341 | |
| Trade debts | 44 | €1,059 | €6,217 | +€5,158 | +486.9% |
| Suppliers | 440/4 | €1,059 | €6,217 | +€5,158 | +486.9% |
| Taxes, remuneration and social security | 45 | €9,058 | €17,718 | +€8,660 | +95.6% |
| Taxes | 450/3 | €9,058 | €17,718 | +€8,660 | +95.6% |
| Other amounts payable | 47/48 | €76,707 | €118,355 | +€41,648 | +54.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,264 | €20,152 | +€887 | +4.6% |
| Other operating charges | 640/8 | €1,073 | €922 | -€151 | -14.1% |
| Gross operating margin | 9900 | -€51,418 | €53,248 | +€104,666 | |
| Operating profit (loss) | 9901 | -€71,755 | €32,174 | +€103,929 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €210 | €94 | -€116 | -55.4% |
| Recurring financial charges | 65 | €210 | €94 | -€116 | -55.4% |
| Profit (loss) for the period before taxes | 9903 | -€71,965 | €32,081 | +€104,046 | |
| Income taxes | 67/77 | €139 | €137 | -€2 | -1.6% |
| Profit (loss) for the period | 9904 | -€72,104 | €31,943 | +€104,048 | |
| Profit (loss) for the period to be appropriated | 9905 | -€72,104 | €31,943 | +€104,048 |
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 9 October 2026 via checked.be.