SC 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.
SC VOLTAGE
Largest movements
- Receivables within one year +€59,387
up €59,387 (+222.2%), from €26,725 to €86,112
of which Trade receivables: +€56,159
- Tangible fixed assets +€20,016
up €20,016 (+137.5%), from €14,561 to €34,578
of which Furniture and vehicles: +€22,608
- Receivables after one year +€15,000
new in 2025: €15,000
- Cash -€11,129
down €11,129 (-61.9%), from €17,975 to €6,846
mainly Receivables within one year (-€59,387) and Investment in fixed assets (net) (-€28,180)
- Trade debts +€49,776
up €49,776 (+445.8%), from €11,165 to €60,941
- Debts after one year +€16,482
new in 2025: €16,482
- Profit (loss) carried forward +€14,852
up €14,852 (+47.8%), from €31,046 to €45,898
- Tax, wage and social debts +€4,466
up €4,466 (+55.8%), from €8,006 to €12,471
- Other debts -€4,031
down €4,031 (-57.2%), from €7,044 to €3,013
- Gross operating margin -€14,642
down €14,642 (-31.9%), from €45,972 to €31,330
- Taxes -€3,776
down €3,776 (-47.2%), from €8,006 to €4,230
- Other operating charges +€2,299
up €2,299 (+446.0%), from €516 to €2,815
- Depreciation +€2,298
up €2,298 (+39.2%), from €5,866 to €8,164
- Financial charges +€1,146
up €1,146 (+200.0%), from €573 to €1,719
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 | €59,261 | €144,011 | +€84,749 | +143.0% |
| Fixed assets | 21/28 | €14,561 | €34,578 | +€20,016 | +137.5% |
| Tangible fixed assets | 22/27 | €14,561 | €34,578 | +€20,016 | +137.5% |
| Plant, machinery and equipment | 23 | €5,262 | €2,670 | -€2,592 | -49.3% |
| Furniture and vehicles | 24 | €9,299 | €31,907 | +€22,608 | +243.1% |
| Current assets | 29/58 | €44,700 | €109,433 | +€64,733 | +144.8% |
| Amounts receivable after more than one year | 29 | - | €15,000 | +€15,000 | |
| Other amounts receivable | 291 | - | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €26,725 | €86,112 | +€59,387 | +222.2% |
| Trade receivables | 40 | €21,244 | €77,403 | +€56,159 | +264.3% |
| Other amounts receivable | 41 | €5,481 | €8,709 | +€3,228 | +58.9% |
| Current investments | 50/53 | - | €1,025 | +€1,025 | |
| Cash at bank and in hand | 54/58 | €17,975 | €6,846 | -€11,129 | -61.9% |
| Deferred charges and accrued income | 490/1 | - | €450 | +€450 | |
| Total equity and liabilities | 10/49 | €59,261 | €144,011 | +€84,749 | +143.0% |
| Equity | 10/15 | €33,046 | €47,898 | +€14,852 | +44.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,046 | €45,898 | +€14,852 | +47.8% |
| Amounts payable | 17/49 | €26,215 | €96,113 | +€69,898 | +266.6% |
| Amounts payable after more than one year | 17 | - | €16,482 | +€16,482 | |
| Financial debts | 170/4 | - | €16,482 | +€16,482 | |
| Amounts payable within one year | 42/48 | €26,215 | €79,631 | +€53,416 | +203.8% |
| Current portion of amounts payable after more than one year | 42 | - | €3,206 | +€3,206 | |
| Trade debts | 44 | €11,165 | €60,941 | +€49,776 | +445.8% |
| Suppliers | 440/4 | €11,165 | €60,941 | +€49,776 | +445.8% |
| Taxes, remuneration and social security | 45 | €8,006 | €12,471 | +€4,466 | +55.8% |
| Taxes | 450/3 | €8,006 | €12,471 | +€4,466 | +55.8% |
| Other amounts payable | 47/48 | €7,044 | €3,013 | -€4,031 | -57.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,866 | €8,164 | +€2,298 | +39.2% |
| Other operating charges | 640/8 | €516 | €2,815 | +€2,299 | +446.0% |
| Gross operating margin | 9900 | €45,972 | €31,330 | -€14,642 | -31.9% |
| Operating profit (loss) | 9901 | €39,591 | €20,351 | -€19,240 | -48.6% |
| Financial income | 75/76B | €34 | €450 | +€416 | +1210.8% |
| Recurring financial income | 75 | €34 | €450 | +€416 | +1210.8% |
| Non-recurring financial income | 76B | €34 | €450 | +€416 | +1210.8% |
| Financial charges | 65/66B | €573 | €1,719 | +€1,146 | +200.0% |
| Recurring financial charges | 65 | €573 | €1,719 | +€1,146 | +200.0% |
| Profit (loss) for the period before taxes | 9903 | €39,052 | €19,082 | -€19,970 | -51.1% |
| Income taxes | 67/77 | €8,006 | €4,230 | -€3,776 | -47.2% |
| Profit (loss) for the period | 9904 | €31,046 | €14,852 | -€16,195 | -52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,046 | €14,852 | -€16,195 | -52.2% |
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 12 October 2026 via checked.be.