VOCALCOM: 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.
VOCALCOM
Largest movements
- Receivables after one year +€286,555
up €286,555 (+49.1%), from €583,924 to €870,479
- Receivables within one year +€192,859
up €192,859 (+32.1%), from €601,469 to €794,328
of which Trade receivables: +€192,862
- Cash +€166,978
up €166,978 (+1299.2%), from €12,853 to €179,830
mainly Accrued charges and deferred income (+€286,048) and Investment in fixed assets (net) (+€142,675)
- Financial fixed assets -€142,675
down €142,675 (-84.9%), from €167,973 to €25,298
- Accrued charges and deferred income +€286,048
up €286,048 (+121.2%), from €236,022 to €522,070
- Profit (loss) carried forward +€138,612
up €138,612 (+30.7%), from -€451,091 to -€312,478
- Tax, wage and social debts +€47,911
up €47,911 (+26.9%), from €178,423 to €226,335
of which Taxes: +€38,158
- Staff costs +€88,104
up €88,104 (+9.8%), from €899,074 to €987,179
- Gross operating margin -€26,922
down €26,922 (-2.3%), from €1.2m to €1.1m
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 | €1,392,533 | €1,882,602 | +€490,069 | +35.2% |
| Fixed assets | 21/28 | €169,662 | €25,533 | -€144,129 | -85.0% |
| Tangible fixed assets | 22/27 | €1,689 | €235 | -€1,454 | -86.1% |
| Plant, machinery and equipment | 23 | €1,689 | €235 | -€1,454 | -86.1% |
| Furniture and vehicles | 24 | €0 | €0 | -€0 | -100.0% |
| Financial fixed assets | 28 | €167,973 | €25,298 | -€142,675 | -84.9% |
| Current assets | 29/58 | €1,222,871 | €1,857,069 | +€634,198 | +51.9% |
| Amounts receivable after more than one year | 29 | €583,924 | €870,479 | +€286,555 | +49.1% |
| Trade receivables | 290 | €583,924 | €870,479 | +€286,555 | +49.1% |
| Amounts receivable within one year | 40/41 | €601,469 | €794,328 | +€192,859 | +32.1% |
| Trade receivables | 40 | €599,923 | €792,785 | +€192,862 | +32.1% |
| Other amounts receivable | 41 | €1,546 | €1,543 | -€3 | -0.2% |
| Cash at bank and in hand | 54/58 | €12,853 | €179,830 | +€166,978 | +1299.2% |
| Deferred charges and accrued income | 490/1 | €24,625 | €12,432 | -€12,194 | -49.5% |
| Total equity and liabilities | 10/49 | €1,392,533 | €1,882,602 | +€490,069 | +35.2% |
| Equity | 10/15 | -€333,700 | -€195,087 | +€138,612 | +41.5% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €54,891 | €54,891 | = | 0.0% |
| Non-distributable reserves | 130/1 | €54,891 | €54,891 | = | 0.0% |
| Legal reserve | 130 | €54,891 | €54,891 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€451,091 | -€312,478 | +€138,612 | +30.7% |
| Amounts payable | 17/49 | €1,726,233 | €2,077,689 | +€351,456 | +20.4% |
| Amounts payable within one year | 42/48 | €1,490,211 | €1,555,619 | +€65,409 | +4.4% |
| Trade debts | 44 | €1,311,787 | €1,329,285 | +€17,497 | +1.3% |
| Suppliers | 440/4 | €1,311,787 | €1,329,285 | +€17,497 | +1.3% |
| Taxes, remuneration and social security | 45 | €178,423 | €226,335 | +€47,911 | +26.9% |
| Taxes | 450/3 | €37,784 | €75,942 | +€38,158 | +101.0% |
| Remuneration and social security | 454/9 | €140,639 | €150,393 | +€9,753 | +6.9% |
| Accrued charges and deferred income | 492/3 | €236,022 | €522,070 | +€286,048 | +121.2% |
| Remuneration, social security and pensions | 62 | €899,074 | €987,179 | +€88,104 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,886 | €1,454 | -€432 | -22.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,746 | -€2,321 | +€8,425 | +78.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €3,560 | €3,471 | -€89 | -2.5% |
| Non-recurring operating charges | 66A | €2,760 | €0 | -€2,760 | -100.0% |
| Gross operating margin | 9900 | €1,158,046 | €1,131,123 | -€26,922 | -2.3% |
| Operating profit (loss) | 9901 | €261,511 | €141,340 | -€120,171 | -46.0% |
| Financial income | 75/76B | - | €2,027 | +€2,027 | |
| Recurring financial income | 75 | - | €2,027 | +€2,027 | |
| Financial charges | 65/66B | €14,050 | €2,794 | -€11,255 | -80.1% |
| Recurring financial charges | 65 | €14,050 | €2,794 | -€11,255 | -80.1% |
| Profit (loss) for the period before taxes | 9903 | €247,462 | €140,573 | -€106,889 | -43.2% |
| Income taxes | 67/77 | €2,335 | €1,960 | -€374 | -16.0% |
| Profit (loss) for the period | 9904 | €245,127 | €138,612 | -€106,515 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €245,127 | €138,612 | -€106,515 | -43.5% |
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 30 September 2026 via checked.be.