EN-VOL: 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.
EN-VOL
Largest movements
- Tangible fixed assets -€19,025
down €19,025 (-28.3%), from €67,189 to €48,164
of which Plant, machinery and equipment: -€19,809
- Cash -€11,466
down €11,466 (-20.3%), from €56,540 to €45,073
mainly Contributions, distributions and other (-€11,113) and Investment in fixed assets (net) (-€9,797)
- Receivables within one year +€4,362
up €4,362 (+48.3%), from €9,027 to €13,389
of which Other amounts receivable: +€5,805
- Deferred charges and accrued income +€2,170
new in 2025: €2,170
- Contributions -€11,113
down €11,113 (-8.8%), from €126,876 to €115,763
- Debts after one year -€7,324
down €7,324 (-37.3%), from €19,649 to €12,326
of which Financial debts: -€4,034
- Tax, wage and social debts -€4,785
no longer reported in 2025 (was €4,785)
- Staff costs +€8,812
up €8,812 (+7.3%), from €120,785 to €129,597
- Turnover +€5,761
up €5,761 (+1.6%), from €366,455 to €372,217
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 | €139,925 | €116,653 | -€23,272 | -16.6% |
| Fixed assets | 21/28 | €71,217 | €52,192 | -€19,025 | -26.7% |
| Tangible fixed assets | 22/27 | €67,189 | €48,164 | -€19,025 | -28.3% |
| Land and buildings | 22 | €715 | €476 | -€238 | -33.3% |
| Plant, machinery and equipment | 23 | €60,856 | €41,047 | -€19,809 | -32.6% |
| Furniture and vehicles | 24 | €5,619 | €6,641 | +€1,022 | +18.2% |
| Financial fixed assets | 28 | €4,028 | €4,028 | = | 0.0% |
| Current assets | 29/58 | €68,708 | €64,461 | -€4,247 | -6.2% |
| Stocks and contracts in progress | 3 | €3,141 | €3,829 | +€688 | +21.9% |
| Stocks | 30/36 | €3,141 | €3,829 | +€688 | +21.9% |
| Amounts receivable within one year | 40/41 | €9,027 | €13,389 | +€4,362 | +48.3% |
| Trade receivables | 40 | €6,298 | €4,854 | -€1,444 | -22.9% |
| Other amounts receivable | 41 | €2,729 | €8,535 | +€5,805 | +213% |
| Cash at bank and in hand | 54/58 | €56,540 | €45,073 | -€11,466 | -20.3% |
| Deferred charges and accrued income | 490/1 | - | €2,170 | +€2,170 | |
| Total equity and liabilities | 10/49 | €139,925 | €116,653 | -€23,272 | -16.6% |
| Equity | 10/15 | €107,737 | €97,130 | -€10,607 | -9.8% |
| Contributions | 10/11 | €126,876 | €115,763 | -€11,113 | -8.8% |
| Capital | 10 | €126,876 | €115,763 | -€11,113 | -8.8% |
| Issued capital | 100 | €126,876 | €115,763 | -€11,113 | -8.8% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,998 | -€20,492 | +€506 | +2.4% |
| Amounts payable | 17/49 | €32,189 | €19,523 | -€12,666 | -39.3% |
| Amounts payable after more than one year | 17 | €19,649 | €12,326 | -€7,324 | -37.3% |
| Financial debts | 170/4 | €11,005 | €6,972 | -€4,034 | -36.7% |
| Other amounts payable | 178/9 | €8,644 | €5,354 | -€3,290 | -38.1% |
| Amounts payable within one year | 42/48 | €12,540 | €7,198 | -€5,342 | -42.6% |
| Trade debts | 44 | €7,754 | €7,198 | -€557 | -7.2% |
| Suppliers | 440/4 | €7,754 | €7,198 | -€557 | -7.2% |
| Taxes, remuneration and social security | 45 | €4,785 | - | -€4,785 | |
| Remuneration and social security | 454/9 | €4,785 | - | -€4,785 | |
| Turnover | 70 | €366,455 | €372,217 | +€5,761 | +1.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €206,747 | €210,399 | +€3,652 | +1.8% |
| Remuneration, social security and pensions | 62 | €120,785 | €129,597 | +€8,812 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,142 | €28,822 | +€1,680 | +6.2% |
| Other operating charges | 640/8 | €521 | €548 | +€27 | +5.2% |
| Gross operating margin | 9900 | €159,709 | €161,818 | +€2,109 | +1.3% |
| Operating profit (loss) | 9901 | €11,261 | €2,851 | -€8,409 | -74.7% |
| Financial income | 75/76B | €35 | €44 | +€9 | +26.4% |
| Recurring financial income | 75 | €35 | €44 | +€9 | +26.4% |
| Non-recurring financial income | 76B | €35 | €44 | +€9 | +26.4% |
| Financial charges | 65/66B | €2,440 | €2,376 | -€63 | -2.6% |
| Recurring financial charges | 65 | €2,440 | €2,376 | -€63 | -2.6% |
| Non-recurring financial charges | 66B | €2,440 | - | -€2,440 | |
| Profit (loss) for the period before taxes | 9903 | €8,856 | €519 | -€8,337 | -94.1% |
| Income taxes | 67/77 | €10 | €13 | +€3 | +31.9% |
| Profit (loss) for the period | 9904 | €8,846 | €506 | -€8,340 | -94.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,846 | €506 | -€8,340 | -94.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.