VODATEL: 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.
VODATEL
Largest movements
- Cash +€6,526
up €6,526 (+95.2%), from €6,858 to €13,383
mainly Net result for the year (+€33,199) and Tax, wage and social debts (+€2,602)
- Receivables within one year +€6,516
up €6,516 (+16.3%), from €40,086 to €46,602
of which Trade receivables: +€21,816
- Profit (loss) carried forward +€33,199
up €33,199 (+492.6%), from €6,740 to €39,940
- Trade debts -€23,924
down €23,924 (-99.9%), from €23,951 to €28
- Tax, wage and social debts +€2,602
new in 2025: €2,602
- Gross operating margin +€32,671
up €32,671 (+1655.6%), from €1,973 to €34,644
- Taxes +€500
new in 2025: €500
- Other operating charges +€363
up €363 (+362.5%), from €100 to €463
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 | €51,436 | €63,693 | +€12,256 | +23.8% |
| Fixed assets | 21/28 | €3,606 | €3,119 | -€487 | -13.5% |
| Tangible fixed assets | 22/27 | €666 | €179 | -€487 | -73.1% |
| Furniture and vehicles | 24 | €666 | €179 | -€487 | -73.1% |
| Financial fixed assets | 28 | €2,940 | €2,940 | = | 0.0% |
| Current assets | 29/58 | €47,830 | €60,573 | +€12,743 | +26.6% |
| Amounts receivable within one year | 40/41 | €40,086 | €46,602 | +€6,516 | +16.3% |
| Trade receivables | 40 | €12,623 | €34,439 | +€21,816 | +172.8% |
| Other amounts receivable | 41 | €27,463 | €12,163 | -€15,300 | -55.7% |
| Cash at bank and in hand | 54/58 | €6,858 | €13,383 | +€6,526 | +95.2% |
| Deferred charges and accrued income | 490/1 | €887 | €588 | -€299 | -33.7% |
| Total equity and liabilities | 10/49 | €51,436 | €63,693 | +€12,256 | +23.8% |
| Equity | 10/15 | €27,200 | €60,400 | +€33,199 | +122.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,740 | €39,940 | +€33,199 | +492.6% |
| Amounts payable | 17/49 | €24,236 | €3,293 | -€20,943 | -86.4% |
| Amounts payable within one year | 42/48 | €24,236 | €3,293 | -€20,943 | -86.4% |
| Trade debts | 44 | €23,951 | €28 | -€23,924 | -99.9% |
| Suppliers | 440/4 | €23,951 | €28 | -€23,924 | -99.9% |
| Taxes, remuneration and social security | 45 | - | €2,602 | +€2,602 | |
| Taxes | 450/3 | - | €2,602 | +€2,602 | |
| Other amounts payable | 47/48 | €285 | €664 | +€379 | +132.9% |
| Non-recurring operating income | 76A | - | €1,240 | +€1,240 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €640 | €487 | -€153 | -23.9% |
| Other operating charges | 640/8 | €100 | €463 | +€363 | +362.5% |
| Gross operating margin | 9900 | €1,973 | €34,644 | +€32,671 | +1655.6% |
| Operating profit (loss) | 9901 | €1,233 | €33,694 | +€32,461 | +2632.3% |
| Financial income | 75/76B | €148 | €163 | +€16 | +10.8% |
| Recurring financial income | 75 | €148 | €163 | +€16 | +10.8% |
| Financial charges | 65/66B | €118 | €158 | +€41 | +34.8% |
| Recurring financial charges | 65 | €118 | €158 | +€41 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | €1,263 | €33,699 | +€32,436 | +2567.9% |
| Income taxes | 67/77 | - | €500 | +€500 | |
| Profit (loss) for the period | 9904 | €1,263 | €33,199 | +€31,936 | +2528.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,263 | €33,199 | +€31,936 | +2528.3% |
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 6 October 2026 via checked.be.