VOC: 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.
VOC
Largest movements
- Receivables within one year -€29,171
down €29,171 (-76.0%), from €38,364 to €9,193
of which Other amounts receivable: -€14,638
- Tangible fixed assets -€15,341
down €15,341 (-99.7%), from €15,387 to €46
of which Furniture and vehicles: -€15,219
- Cash +€14,133
up €14,133 (+3,029%), from €467 to €14,599
mainly Receivables within one year (+€29,171) and Net result for the year (+€18,744)
- Debts after one year -€35,393
down €35,393 (-69.0%), from €51,293 to €15,900
- Trade debts -€19,116
down €19,116 (-57.4%), from €33,281 to €14,166
- Profit (loss) carried forward +€18,744
up €18,744 (+50.5%), from -€37,081 to -€18,337
- Tax, wage and social debts +€2,987
up €2,987 (+105%), from €2,840 to €5,827
- Other debts +€2,500
new in 2024: €2,500
- Gross operating margin +€61,633
up €61,633, from -€29,763 to €31,870
- Financial charges +€3,007
up €3,007 (+124%), from €2,420 to €5,427
- Taxes +€2,176
new in 2024: €2,176
- Other operating charges +€400
up €400 (+229%), from €175 to €575
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.
Derived cash bridge
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 | €54,217 | €23,939 | -€30,278 | -55.8% |
| Fixed assets | 21/28 | €15,387 | €46 | -€15,341 | -99.7% |
| Tangible fixed assets | 22/27 | €15,387 | €46 | -€15,341 | -99.7% |
| Plant, machinery and equipment | 23 | €167 | €46 | -€122 | -72.7% |
| Furniture and vehicles | 24 | €15,219 | - | -€15,219 | |
| Current assets | 29/58 | €38,831 | €23,893 | -€14,938 | -38.5% |
| Amounts receivable within one year | 40/41 | €38,364 | €9,193 | -€29,171 | -76.0% |
| Trade receivables | 40 | €14,896 | €363 | -€14,533 | -97.6% |
| Other amounts receivable | 41 | €23,468 | €8,830 | -€14,638 | -62.4% |
| Cash at bank and in hand | 54/58 | €467 | €14,599 | +€14,133 | +3,029% |
| Deferred charges and accrued income | 490/1 | - | €101 | +€101 | |
| Total equity and liabilities | 10/49 | €54,217 | €23,939 | -€30,278 | -55.8% |
| Equity | 10/15 | -€33,197 | -€14,454 | +€18,744 | +56.5% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Reserves | 13 | €2,683 | €2,683 | = | 0.0% |
| Distributable reserves | 133 | €2,683 | €2,683 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,081 | -€18,337 | +€18,744 | +50.5% |
| Amounts payable | 17/49 | €87,414 | €38,392 | -€49,022 | -56.1% |
| Amounts payable after more than one year | 17 | €51,293 | €15,900 | -€35,393 | -69.0% |
| Financial debts | 170/4 | €51,293 | €15,900 | -€35,393 | -69.0% |
| Amounts payable within one year | 42/48 | €36,121 | €22,492 | -€13,629 | -37.7% |
| Trade debts | 44 | €33,281 | €14,166 | -€19,116 | -57.4% |
| Suppliers | 440/4 | €33,281 | €14,166 | -€19,116 | -57.4% |
| Taxes, remuneration and social security | 45 | €2,840 | €5,827 | +€2,987 | +105% |
| Taxes | 450/3 | €2,840 | €5,827 | +€2,987 | +105% |
| Other amounts payable | 47/48 | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,122 | €5,122 | = | 0.0% |
| Other operating charges | 640/8 | €175 | €575 | +€400 | +229% |
| Gross operating margin | 9900 | -€29,763 | €31,870 | +€61,633 | |
| Operating profit (loss) | 9901 | -€35,059 | €26,174 | +€61,233 | |
| Financial income | 75/76B | €398 | €173 | -€225 | -56.6% |
| Recurring financial income | 75 | €398 | €173 | -€225 | -56.6% |
| Financial charges | 65/66B | €2,420 | €5,427 | +€3,007 | +124% |
| Recurring financial charges | 65 | €2,420 | €5,427 | +€3,007 | +124% |
| Profit (loss) for the period before taxes | 9903 | -€37,081 | €20,920 | +€58,001 | |
| Income taxes | 67/77 | - | €2,176 | +€2,176 | |
| Profit (loss) for the period | 9904 | -€37,081 | €18,744 | +€55,825 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,081 | €18,744 | +€55,825 |
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 29 October 2026 via checked.be.