EXTRA-VOLT: what changed
Two fiscal 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.
EXTRA-VOLT
Largest movements
- Receivables within one year +€1.6m
up €1.6m (+82.4%), from €2.0m to €3.6m
of which Trade receivables: +€1.6m
- Stocks and contracts +€1.3m
up €1.3m (+163.3%), from €809,108 to €2.1m
- Deferred charges and accrued income +€440,730
up €440,730 (+7705.8%), from €5,719 to €446,449
- Cash -€99,182
down €99,182 (-15.5%), from €640,095 to €540,913
mainly Receivables within one year (-€1.6m) and Stocks and contracts (-€1.3m)
- Reserves +€1.3m
up €1.3m (+101.7%), from €1.3m to €2.6m
- Other debts +€1.2m
up €1.2m (+197.1%), from €595,812 to €1.8m
- Trade debts +€898,298
up €898,298 (+63.1%), from €1.4m to €2.3m
- Gross operating margin +€837,468
up €837,468 (+57.0%), from €1.5m to €2.3m
- Staff costs +€299,057
up €299,057 (+155.6%), from €192,244 to €491,301
- Taxes +€126,606
up €126,606 (+38.9%), from €325,049 to €451,654
- Financial charges +€27,670
up €27,670 (+1009.5%), from €2,741 to €30,411
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.
Cash bridge derived
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 | €3,514,879 | €6,858,961 | +€3.3m | +95.1% |
| Fixed assets | 21/28 | €71,946 | €114,722 | +€42,776 | +59.5% |
| Intangible fixed assets | 21 | €816 | €15,829 | +€15,013 | +1839.5% |
| Tangible fixed assets | 22/27 | €71,130 | €98,892 | +€27,763 | +39.0% |
| Plant, machinery and equipment | 23 | €14,105 | €15,187 | +€1,082 | +7.7% |
| Furniture and vehicles | 24 | €19,108 | €33,246 | +€14,138 | +74.0% |
| Leasing and similar rights | 25 | €37,917 | €28,511 | -€9,406 | -24.8% |
| Other tangible fixed assets | 26 | - | €21,949 | +€21,949 | |
| Current assets | 29/58 | €3,442,933 | €6,744,239 | +€3.3m | +95.9% |
| Stocks and contracts in progress | 3 | €809,108 | €2,130,308 | +€1.3m | +163.3% |
| Stocks | 30/36 | €809,108 | €2,130,308 | +€1.3m | +163.3% |
| Amounts receivable within one year | 40/41 | €1,988,011 | €3,626,569 | +€1.6m | +82.4% |
| Trade receivables | 40 | €1,691,602 | €3,315,849 | +€1.6m | +96.0% |
| Other amounts receivable | 41 | €296,409 | €310,720 | +€14,310 | +4.8% |
| Cash at bank and in hand | 54/58 | €640,095 | €540,913 | -€99,182 | -15.5% |
| Deferred charges and accrued income | 490/1 | €5,719 | €446,449 | +€440,730 | +7705.8% |
| Total equity and liabilities | 10/49 | €3,514,879 | €6,858,961 | +€3.3m | +95.1% |
| Equity | 10/15 | €1,287,798 | €2,591,121 | +€1.3m | +101.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €1,281,798 | €2,585,121 | +€1.3m | +101.7% |
| Distributable reserves | 133 | €1,281,798 | €2,585,121 | +€1.3m | +101.7% |
| Amounts payable | 17/49 | €2,227,081 | €4,267,840 | +€2.0m | +91.6% |
| Amounts payable after more than one year | 17 | €24,639 | €16,569 | -€8,070 | -32.8% |
| Financial debts | 170/4 | €24,639 | €16,569 | -€8,070 | -32.8% |
| Amounts payable within one year | 42/48 | €2,137,704 | €4,142,669 | +€2.0m | +93.8% |
| Current portion of amounts payable after more than one year | 42 | €7,763 | €8,070 | +€308 | +4.0% |
| Trade debts | 44 | €1,423,617 | €2,321,915 | +€898,298 | +63.1% |
| Suppliers | 440/4 | €1,423,617 | €2,321,915 | +€898,298 | +63.1% |
| Taxes, remuneration and social security | 45 | €110,512 | €42,719 | -€67,793 | -61.3% |
| Taxes | 450/3 | €90,327 | - | -€90,327 | |
| Remuneration and social security | 454/9 | €20,185 | €42,719 | +€22,534 | +111.6% |
| Other amounts payable | 47/48 | €595,812 | €1,769,964 | +€1.2m | +197.1% |
| Accrued charges and deferred income | 492/3 | €64,738 | €108,603 | +€43,865 | +67.8% |
| Remuneration, social security and pensions | 62 | €192,244 | €491,301 | +€299,057 | +155.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,052 | €23,661 | +€8,609 | +57.2% |
| Other operating charges | 640/8 | €1,722 | €8,932 | +€7,210 | +418.6% |
| Gross operating margin | 9900 | €1,470,034 | €2,307,501 | +€837,468 | +57.0% |
| Operating profit (loss) | 9901 | €1,261,016 | €1,783,608 | +€522,592 | +41.4% |
| Financial income | 75/76B | €4,511 | €1,780 | -€2,731 | -60.5% |
| Recurring financial income | 75 | €4,511 | €1,780 | -€2,731 | -60.5% |
| Financial charges | 65/66B | €2,741 | €30,411 | +€27,670 | +1009.5% |
| Recurring financial charges | 65 | €2,741 | €30,411 | +€27,670 | +1009.5% |
| Profit (loss) for the period before taxes | 9903 | €1,262,785 | €1,754,977 | +€492,191 | +39.0% |
| Income taxes | 67/77 | €325,049 | €451,654 | +€126,606 | +38.9% |
| Profit (loss) for the period | 9904 | €937,737 | €1,303,322 | +€365,586 | +39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €937,737 | €1,303,322 | +€365,586 | +39.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.