EAU-VOLTAGE: 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.
EAU-VOLTAGE
Largest movements
- Receivables within one year +€20,981
up €20,981 (+167.0%), from €12,566 to €33,546
- Cash +€12,810
up €12,810 (+168.9%), from €7,586 to €20,396
mainly Trade debts (+€22,986) and Debts after one year (+€19,610)
- Tangible fixed assets +€3,736
up €3,736 (+113.0%), from €3,307 to €7,042
- Trade debts +€22,986
up €22,986 (+116.7%), from €19,695 to €42,680
- Debts after one year +€19,610
up €19,610 (+460.0%), from €4,263 to €23,873
- Tax, wage and social debts -€7,719
down €7,719 (-58.0%), from €13,301 to €5,583
of which Taxes: -€4,803
- Other debts +€6,879
up €6,879 (+227.3%), from €3,027 to €9,906
- Current portion of long-term debt -€2,253
down €2,253 (-22.6%), from €9,983 to €7,730
- Gross operating margin +€48,094
up €48,094, from -€16,204 to €31,890
- Other operating charges +€27,238
up €27,238 (+945.8%), from €2,880 to €30,118
- Depreciation -€4,799
down €4,799 (-58.1%), from €8,264 to €3,464
- Financial income +€4,655
up €4,655 (+4048.9%), from €115 to €4,770
- Financial charges +€3,188
up €3,188 (+371.4%), from €859 to €4,047
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.
Cash bridge derived
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 | €23,468 | €60,996 | +€37,528 | +159.9% |
| Fixed assets | 21/28 | €3,307 | €7,042 | +€3,736 | +113.0% |
| Tangible fixed assets | 22/27 | €3,307 | €7,042 | +€3,736 | +113.0% |
| Furniture and vehicles | 24 | €3,307 | €7,042 | +€3,736 | +113.0% |
| Current assets | 29/58 | €20,162 | €53,954 | +€33,792 | +167.6% |
| Amounts receivable within one year | 40/41 | €12,566 | €33,546 | +€20,981 | +167.0% |
| Trade receivables | 40 | €12,566 | €33,546 | +€20,981 | +167.0% |
| Cash at bank and in hand | 54/58 | €7,586 | €20,396 | +€12,810 | +168.9% |
| Deferred charges and accrued income | 490/1 | €9 | €11 | +€2 | +19.5% |
| Total equity and liabilities | 10/49 | €23,468 | €60,996 | +€37,528 | +159.9% |
| Equity | 10/15 | -€27,801 | -€28,776 | -€975 | -3.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,301 | -€31,276 | -€975 | -3.2% |
| Amounts payable | 17/49 | €51,269 | €89,773 | +€38,503 | +75.1% |
| Amounts payable after more than one year | 17 | €4,263 | €23,873 | +€19,610 | +460.0% |
| Financial debts | 170/4 | €4,263 | €23,873 | +€19,610 | +460.0% |
| Amounts payable within one year | 42/48 | €47,007 | €65,900 | +€18,893 | +40.2% |
| Current portion of amounts payable after more than one year | 42 | €9,983 | €7,730 | -€2,253 | -22.6% |
| Trade debts | 44 | €19,695 | €42,680 | +€22,986 | +116.7% |
| Suppliers | 440/4 | €19,695 | €42,680 | +€22,986 | +116.7% |
| Advances received on contracts in progress | 46 | €1,000 | - | -€1,000 | |
| Taxes, remuneration and social security | 45 | €13,301 | €5,583 | -€7,719 | -58.0% |
| Taxes | 450/3 | €5,801 | €998 | -€4,803 | -82.8% |
| Remuneration and social security | 454/9 | €7,500 | €4,585 | -€2,915 | -38.9% |
| Other amounts payable | 47/48 | €3,027 | €9,906 | +€6,879 | +227.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,264 | €3,464 | -€4,799 | -58.1% |
| Other operating charges | 640/8 | €2,880 | €30,118 | +€27,238 | +945.8% |
| Gross operating margin | 9900 | -€16,204 | €31,890 | +€48,094 | |
| Operating profit (loss) | 9901 | -€27,348 | -€1,693 | +€25,655 | +93.8% |
| Financial income | 75/76B | €115 | €4,770 | +€4,655 | +4048.9% |
| Recurring financial income | 75 | €115 | €4,770 | +€4,655 | +4048.9% |
| Financial charges | 65/66B | €859 | €4,047 | +€3,188 | +371.4% |
| Recurring financial charges | 65 | €859 | €4,047 | +€3,188 | +371.4% |
| Profit (loss) for the period before taxes | 9903 | -€28,091 | -€970 | +€27,121 | +96.5% |
| Income taxes | 67/77 | - | €5 | +€5 | |
| Profit (loss) for the period | 9904 | -€28,091 | -€975 | +€27,116 | +96.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,091 | -€975 | +€27,116 | +96.5% |
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 12 October 2026 via checked.be.