VENUS MANAGEMENT & MORE: 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 MANAGEMENT & MORE
Largest movements
- Tangible fixed assets -€22,792
down €22,792 (-9.3%), from €245,070 to €222,279
of which Plant, machinery and equipment: -€18,266
- Receivables within one year -€4,940
down €4,940 (-39.5%), from €12,518 to €7,578
of which Other amounts receivable: -€5,624
- Debts after one year -€50,273
down €50,273 (-21.0%), from €239,352 to €189,079
of which Other amounts payable: -€45,000
- Profit (loss) carried forward +€10,180
up €10,180 (+45.8%), from -€22,242 to -€12,062
- Trade debts +€7,965
up €7,965 (+31.1%), from €25,603 to €33,568
- Other debts +€5,488
up €5,488 (+45.2%), from €12,134 to €17,622
- Gross operating margin +€14,404
up €14,404 (+33.6%), from €42,855 to €57,259
- Depreciation +€5,563
up €5,563 (+14.0%), from €39,761 to €45,323
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €265,610 | €239,258 | -€26,352 | -9.9% |
| Fixed assets | 21/28 | €245,070 | €222,279 | -€22,792 | -9.3% |
| Tangible fixed assets | 22/27 | €245,070 | €222,279 | -€22,792 | -9.3% |
| Plant, machinery and equipment | 23 | €56,862 | €38,595 | -€18,266 | -32.1% |
| Furniture and vehicles | 24 | €13,570 | €8,778 | -€4,793 | -35.3% |
| Other tangible fixed assets | 26 | €174,638 | €174,906 | +€268 | +0.2% |
| Current assets | 29/58 | €20,540 | €16,979 | -€3,560 | -17.3% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,518 | €7,578 | -€4,940 | -39.5% |
| Trade receivables | 40 | €6,519 | €7,203 | +€684 | +10.5% |
| Other amounts receivable | 41 | €5,999 | €375 | -€5,624 | -93.7% |
| Cash at bank and in hand | 54/58 | €6,365 | €6,042 | -€323 | -5.1% |
| Deferred charges and accrued income | 490/1 | €1,156 | €2,859 | +€1,703 | +147% |
| Total equity and liabilities | 10/49 | €265,610 | €239,258 | -€26,352 | -9.9% |
| Equity | 10/15 | -€17,242 | -€7,062 | +€10,180 | +59.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,242 | -€12,062 | +€10,180 | +45.8% |
| Amounts payable | 17/49 | €282,852 | €246,320 | -€36,532 | -12.9% |
| Amounts payable after more than one year | 17 | €239,352 | €189,079 | -€50,273 | -21.0% |
| Financial debts | 170/4 | €10,352 | €5,079 | -€5,273 | -50.9% |
| Other amounts payable | 178/9 | €229,000 | €184,000 | -€45,000 | -19.7% |
| Amounts payable within one year | 42/48 | €43,500 | €57,241 | +€13,742 | +31.6% |
| Current portion of amounts payable after more than one year | 42 | €5,008 | €5,273 | +€265 | +5.3% |
| Trade debts | 44 | €25,603 | €33,568 | +€7,965 | +31.1% |
| Suppliers | 440/4 | €25,603 | €33,568 | +€7,965 | +31.1% |
| Taxes, remuneration and social security | 45 | €754 | €778 | +€24 | +3.1% |
| Taxes | 450/3 | €754 | €778 | +€24 | +3.1% |
| Other amounts payable | 47/48 | €12,134 | €17,622 | +€5,488 | +45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,761 | €45,323 | +€5,563 | +14.0% |
| Other operating charges | 640/8 | €621 | €789 | +€169 | +27.2% |
| Gross operating margin | 9900 | €42,855 | €57,259 | +€14,404 | +33.6% |
| Operating profit (loss) | 9901 | €2,474 | €11,146 | +€8,673 | +351% |
| Financial income | 75/76B | €1 | €19 | +€18 | +3,485% |
| Recurring financial income | 75 | €1 | €19 | +€18 | +3,485% |
| Financial charges | 65/66B | €1,055 | €811 | -€244 | -23.2% |
| Recurring financial charges | 65 | €1,055 | €811 | -€244 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €1,419 | €10,354 | +€8,936 | +630% |
| Income taxes | 67/77 | €173 | €175 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | €1,246 | €10,180 | +€8,934 | +717% |
| Profit (loss) for the period to be appropriated | 9905 | €1,246 | €10,180 | +€8,934 | +717% |
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 29 October 2026 via checked.be.