VENUS GROUP: 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.
VENUS GROUP
Largest movements
- Receivables within one year +€235,509
up €235,509 (+1,636%), from €14,391 to €249,900
of which Trade receivables: +€232,196
- Cash +€50,941
up €50,941 (+321%), from €15,887 to €66,828
mainly Trade debts (+€215,690) and Net result for the year (+€54,359)
- Stocks and contracts -€20,000
down €20,000 (-11.0%), from €181,232 to €161,232
- Trade debts +€215,690
up €215,690 (+95.5%), from €225,847 to €441,537
- Profit (loss) carried forward +€54,359
up €54,359, from -€26,078 to €28,281
- Gross operating margin +€131,259
up €131,259, from -€41,154 to €90,104
- Staff costs -€26,873
down €26,873 (-57.0%), from €47,159 to €20,286
- Depreciation -€8,954
down €8,954 (-96.1%), from €9,319 to €366
- Provisions -€2,128
no longer reported in 2024 (was €2,128)
- Other operating charges +€1,286
up €1,286 (+54.8%), from €2,345 to €3,631
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €213,727 | €479,811 | +€266,085 | +124% |
| Fixed assets | 21/28 | €2,217 | €1,851 | -€366 | -16.5% |
| Tangible fixed assets | 22/27 | €366 | - | -€366 | |
| Furniture and vehicles | 24 | €366 | - | -€366 | |
| Financial fixed assets | 28 | €1,851 | €1,851 | = | 0.0% |
| Current assets | 29/58 | €211,510 | €477,960 | +€266,450 | +126% |
| Stocks and contracts in progress | 3 | €181,232 | €161,232 | -€20,000 | -11.0% |
| Stocks | 30/36 | €181,232 | €161,232 | -€20,000 | -11.0% |
| Amounts receivable within one year | 40/41 | €14,391 | €249,900 | +€235,509 | +1,636% |
| Trade receivables | 40 | €13,771 | €245,966 | +€232,196 | +1,686% |
| Other amounts receivable | 41 | €621 | €3,934 | +€3,313 | +534% |
| Cash at bank and in hand | 54/58 | €15,887 | €66,828 | +€50,941 | +321% |
| Total equity and liabilities | 10/49 | €213,727 | €479,811 | +€266,085 | +124% |
| Equity | 10/15 | -€25,078 | €29,281 | +€54,359 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,078 | €28,281 | +€54,359 | |
| Amounts payable | 17/49 | €238,804 | €450,530 | +€211,726 | +88.7% |
| Amounts payable within one year | 42/48 | €238,804 | €450,530 | +€211,726 | +88.7% |
| Trade debts | 44 | €225,847 | €441,537 | +€215,690 | +95.5% |
| Suppliers | 440/4 | €225,847 | €441,537 | +€215,690 | +95.5% |
| Taxes, remuneration and social security | 45 | €12,957 | €8,994 | -€3,964 | -30.6% |
| Taxes | 450/3 | €11,644 | €8,994 | -€2,650 | -22.8% |
| Remuneration and social security | 454/9 | €1,314 | - | -€1,314 | |
| Remuneration, social security and pensions | 62 | €47,159 | €20,286 | -€26,873 | -57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,319 | €366 | -€8,954 | -96.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €2,128 | - | -€2,128 | |
| Other operating charges | 640/8 | €2,345 | €3,631 | +€1,286 | +54.8% |
| Gross operating margin | 9900 | -€41,154 | €90,104 | +€131,259 | |
| Operating profit (loss) | 9901 | -€102,106 | €65,821 | +€167,928 | |
| Financial income | 75/76B | €1,600 | €1,600 | +€0 | 0.0% |
| Recurring financial income | 75 | €1,600 | €1,600 | +€0 | 0.0% |
| Financial charges | 65/66B | €379 | €538 | +€159 | +42.0% |
| Recurring financial charges | 65 | €379 | €538 | +€159 | +42.0% |
| Profit (loss) for the period before taxes | 9903 | -€100,885 | €66,883 | +€167,769 | |
| Income taxes | 67/77 | €13,298 | €12,524 | -€774 | -5.8% |
| Profit (loss) for the period | 9904 | -€114,183 | €54,359 | +€168,542 | |
| Profit (loss) for the period to be appropriated | 9905 | -€114,183 | €54,359 | +€168,542 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.