YvW 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.
YvW Ventures
Largest movements
- Current investments +€949,798
new in 2025: €949,798
- Stocks and contracts -€754,517
down €754,517 (-66.7%), from €1.1m to €377,258
- Cash -€17,299
down €17,299 (-62.8%), from €27,547 to €10,248
mainly Current investments (-€949,798) and Tax, wage and social debts (-€136,319)
- Reserves +€323,078
up €323,078 (+44.1%), from €733,370 to €1.1m
- Tax, wage and social debts -€136,319
down €136,319 (-57.3%), from €238,109 to €101,790
- Gross operating margin -€360,322
down €360,322 (-37.0%), from €972,855 to €612,534
- Financial charges +€184,077
new in 2025: €184,077
- Taxes -€136,431
down €136,431 (-57.3%), from €238,003 to €101,573
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 | €1,174,548 | €1,349,537 | +€174,989 | +14.9% |
| Fixed assets | 21/28 | €15,226 | €12,232 | -€2,994 | -19.7% |
| Tangible fixed assets | 22/27 | €15,226 | €12,232 | -€2,994 | -19.7% |
| Furniture and vehicles | 24 | €15,226 | €12,232 | -€2,994 | -19.7% |
| Current assets | 29/58 | €1,159,322 | €1,337,305 | +€177,983 | +15.4% |
| Stocks and contracts in progress | 3 | €1,131,775 | €377,258 | -€754,517 | -66.7% |
| Stocks | 30/36 | €1,131,775 | €377,258 | -€754,517 | -66.7% |
| Current investments | 50/53 | - | €949,798 | +€949,798 | |
| Cash at bank and in hand | 54/58 | €27,547 | €10,248 | -€17,299 | -62.8% |
| Total equity and liabilities | 10/49 | €1,174,548 | €1,349,537 | +€174,989 | +14.9% |
| Equity | 10/15 | €736,370 | €1,059,447 | +€323,078 | +43.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €733,370 | €1,056,447 | +€323,078 | +44.1% |
| Distributable reserves | 133 | €733,370 | €1,056,447 | +€323,078 | +44.1% |
| Amounts payable | 17/49 | €438,179 | €290,090 | -€148,089 | -33.8% |
| Amounts payable within one year | 42/48 | €438,179 | €290,090 | -€148,089 | -33.8% |
| Trade debts | 44 | €70 | €0 | -€70 | -100% |
| Suppliers | 440/4 | €70 | €0 | -€70 | -100% |
| Taxes, remuneration and social security | 45 | €238,109 | €101,790 | -€136,319 | -57.3% |
| Taxes | 450/3 | €238,109 | €101,790 | -€136,319 | -57.3% |
| Other amounts payable | 47/48 | €200,000 | €188,300 | -€11,700 | -5.9% |
| Non-recurring operating income | 76A | - | €167,352 | +€167,352 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,055 | €3,443 | +€2,387 | +226% |
| Other operating charges | 640/8 | €427 | €364 | -€63 | -14.7% |
| Gross operating margin | 9900 | €972,855 | €612,534 | -€360,322 | -37.0% |
| Operating profit (loss) | 9901 | €971,373 | €608,727 | -€362,646 | -37.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | - | €184,077 | +€184,077 | |
| Recurring financial charges | 65 | - | €184,077 | +€184,077 | |
| Profit (loss) for the period before taxes | 9903 | €971,373 | €424,650 | -€546,722 | -56.3% |
| Income taxes | 67/77 | €238,003 | €101,573 | -€136,431 | -57.3% |
| Profit (loss) for the period | 9904 | €733,370 | €323,078 | -€410,292 | -55.9% |
| Profit (loss) for the period to be appropriated | 9905 | €733,370 | €323,078 | -€410,292 | -55.9% |
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 28 October 2026 via checked.be.