Vocalex: 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.
Vocalex
Largest movements
- Receivables within one year +€59,095
up €59,095 (+72.1%), from €82,013 to €141,108
of which Other amounts receivable: +€43,288
- Tangible fixed assets -€3,327
down €3,327 (-22.6%), from €14,730 to €11,403
of which Plant, machinery and equipment: -€2,592
- Cash -€2,618
down €2,618 (-4.1%), from €64,263 to €61,645
mainly Receivables within one year (-€59,095) and Tax, wage and social debts (-€17,271)
- Profit (loss) carried forward +€47,951
up €47,951 (+42.7%), from €112,414 to €160,365
- Advances received +€21,785
new in 2025: €21,785
- Tax, wage and social debts -€17,271
down €17,271 (-44.5%), from €38,837 to €21,566
- Gross operating margin +€13,172
up €13,172 (+24.4%), from €53,946 to €67,118
- Taxes +€3,248
up €3,248 (+32.8%), from €9,912 to €13,160
- Financial income +€2,132
up €2,132 (+176%), from €1,213 to €3,345
- Depreciation +€1,421
up €1,421 (+74.5%), from €1,907 to €3,327
- Other operating charges +€1,157
up €1,157 (+57.9%), from €1,997 to €3,154
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 | €161,007 | €214,156 | +€53,150 | +33.0% |
| Fixed assets | 21/28 | €14,730 | €11,403 | -€3,327 | -22.6% |
| Tangible fixed assets | 22/27 | €14,730 | €11,403 | -€3,327 | -22.6% |
| Plant, machinery and equipment | 23 | €11,239 | €8,647 | -€2,592 | -23.1% |
| Furniture and vehicles | 24 | €3,491 | €2,756 | -€735 | -21.1% |
| Current assets | 29/58 | €146,276 | €202,753 | +€56,477 | +38.6% |
| Amounts receivable within one year | 40/41 | €82,013 | €141,108 | +€59,095 | +72.1% |
| Trade receivables | 40 | €35,840 | €51,647 | +€15,807 | +44.1% |
| Other amounts receivable | 41 | €46,174 | €89,462 | +€43,288 | +93.8% |
| Cash at bank and in hand | 54/58 | €64,263 | €61,645 | -€2,618 | -4.1% |
| Total equity and liabilities | 10/49 | €161,007 | €214,156 | +€53,150 | +33.0% |
| Equity | 10/15 | €113,414 | €161,365 | +€47,951 | +42.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €112,414 | €160,365 | +€47,951 | +42.7% |
| Amounts payable | 17/49 | €47,593 | €52,791 | +€5,199 | +10.9% |
| Amounts payable within one year | 42/48 | €47,593 | €52,791 | +€5,199 | +10.9% |
| Trade debts | 44 | €8,756 | €9,440 | +€685 | +7.8% |
| Suppliers | 440/4 | €8,756 | €9,440 | +€685 | +7.8% |
| Advances received on contracts in progress | 46 | - | €21,785 | +€21,785 | |
| Taxes, remuneration and social security | 45 | €38,837 | €21,566 | -€17,271 | -44.5% |
| Taxes | 450/3 | €38,837 | €21,566 | -€17,271 | -44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,907 | €3,327 | +€1,421 | +74.5% |
| Other operating charges | 640/8 | €1,997 | €3,154 | +€1,157 | +57.9% |
| Gross operating margin | 9900 | €53,946 | €67,118 | +€13,172 | +24.4% |
| Operating profit (loss) | 9901 | €50,043 | €60,637 | +€10,595 | +21.2% |
| Financial income | 75/76B | €1,213 | €3,345 | +€2,132 | +176% |
| Recurring financial income | 75 | €1,213 | €3,345 | +€2,132 | +176% |
| Financial charges | 65/66B | €2,860 | €2,871 | +€11 | +0.4% |
| Recurring financial charges | 65 | €2,860 | €2,871 | +€11 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €48,395 | €61,111 | +€12,716 | +26.3% |
| Income taxes | 67/77 | €9,912 | €13,160 | +€3,248 | +32.8% |
| Profit (loss) for the period | 9904 | €38,483 | €47,951 | +€9,468 | +24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,483 | €47,951 | +€9,468 | +24.6% |
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 27 October 2026 via checked.be.