VD
Venoge Developments
B227795
Avenue Victor Hugo 4 Luxembourg 1750
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Income Statement
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Financial year
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Preceding financial year
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Turnover
Net sales revenue: total invoiced amounts for goods sold and services rendered, excluding VAT.
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Trade goods, raw and auxiliary materials
Cost of goods sold: purchase cost of merchandise, raw materials, and consumables used in production.
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Services and miscellaneous goods
External services and miscellaneous goods: rent, utilities, maintenance, insurance, consulting, transport, etc.
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Remuneration, social security charges and pensions
Total employee costs: gross salaries, employer social security contributions, and pension contributions.
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Depreciation and amortization of formation expenses, intangible and tangible assets
Depreciation of tangible assets and amortization of intangible assets and formation expenses for the financial year.
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Operating profit (Operating loss)
Operating result: total operating income minus total operating expenses. Indicates the profitability of core operations.
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Financial returns
Total financial income including non-recurring items: interest, dividends, and gains from financial activities.
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Cost of debt
Interest and charges on borrowed funds: interest paid on bank loans, bonds, and other financial liabilities.
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Profit (Loss) for the year before taxes
Profit or loss before income taxes: operating result plus financial result, before tax charges.
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CHF
-53,086
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CHF
48,424
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Income taxes
Total income tax expense for the financial year, including current tax and adjustments for prior periods.
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Profit (Loss) for the fiscal year
Net profit or loss for the financial year after all charges, depreciation, financial items, and taxes.
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CHF
-53,086
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CHF
48,424
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Assets
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Financial year
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Preceding financial year
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|---|---|---|
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FIXED ASSETS
Total fixed assets excluding formation expenses. Assets intended to be held for more than one financial year.
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CHF
18,924,358
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CHF
19,663,825
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Intangible fixed assets
Non-physical assets such as patents, licenses, goodwill, software, and capitalized R&D costs.
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Tangible fixed assets
Physical long-term assets used in operations including buildings, machinery, vehicles, and equipment.
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CHF
18,924,358
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CHF
19,653,825
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Financial fixed assets
Long-term financial investments including participations in and receivables from affiliated or linked enterprises.
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-
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CHF
10,000
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CURRENT ASSETS
Total current assets: assets expected to be converted into cash or consumed within one year or the normal operating cycle.
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CHF
1,243,751
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CHF
817,288
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Inventories and orders in progress
Total inventories (raw materials, work in progress, finished goods, merchandise) and contracts in progress.
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Receivables
Total short-term receivables: amounts owed by third parties, due within one year.
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CHF
25,169
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CHF
36,011
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Trade debtors
Total amounts owed by customers for goods delivered or services rendered.
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Money investments
Short-term financial investments of excess cash, including term deposits and treasury bonds.
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CHF
672,105
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CHF
722,194
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Cash and cash equivalents
Cash balances in bank accounts and cash on hand at the balance sheet date.
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CHF
546,476
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CHF
59,083
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Accrued expenses
Prepaid expenses and accrued income: costs paid in advance for future periods and earned revenue not yet invoiced.
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ASSETS
Total of all assets on the balance sheet (fixed assets + current assets). Must equal total liabilities and equity.
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CHF
20,168,109
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CHF
20,481,113
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Liabilities
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Financial year
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Preceding financial year
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|---|---|---|
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EQUITY
Total shareholders' equity: the residual interest in assets after deducting all liabilities. Includes capital, reserves, and retained earnings.
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CHF
1,536,535
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CHF
1,589,621
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Capital
Subscribed share capital: the nominal value of shares issued by the company as stated in the articles of association.
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CHF
15,000
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CHF
15,000
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Reserves
Retained profits set aside from distributable earnings, including legal, statutory, and voluntary reserves.
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CHF
1,500
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-
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Profit (Loss) for the fiscal year
Net profit or loss for the financial year after all charges, depreciation, financial items, and taxes.
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CHF
-53,086
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CHF
48,424
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PROVISIONS AND DEFERRED TAXES
Total provisions for liabilities and charges plus deferred tax liabilities.
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Amounts payable
Total liabilities: all amounts owed by the company, both current and non-current.
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CHF
18,631,573
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CHF
18,891,492
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Non-current liabilities
Debts with a remaining term exceeding one year, including long-term loans and bonds.
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Amounts payable within one year
Total debts due within one year, including current portion of long-term debt, trade payables, and tax liabilities.
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Trade debts payables
Amounts owed to suppliers for goods and services received, due within one year.
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Taxes
Current tax liabilities: corporate income tax, VAT, and other taxes owed to Belgian and foreign authorities.
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Remuneration and social charges
Salaries, wages, and social security contributions payable to employees and social security bodies.
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Accrued expenses
Accrued expenses (costs incurred but not yet invoiced) and deferred income (revenue received in advance).
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TOTAL LIABILITIES
Total liabilities and equity. Must equal total assets (balance sheet identity).
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CHF
20,168,109
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CHF
20,481,113
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