VOICE WORKS: what changed
VOICE WORKS
Largest movements
- Tangible fixed assets +€2,920
up €2,920 (+151%), from €1,930 to €4,850
of which Plant, machinery and equipment: +€2,233
- Receivables within one year +€490
new in 2025: €490
- Formation expenses -€477
down €477 (-25.5%), from €1,867 to €1,390
- Cash +€475
up €475 (+10.5%), from €4,543 to €5,018
mainly Accrued charges and deferred income (+€2,400) and Depreciation (+€2,064)
- Accrued charges and deferred income +€2,400
new in 2025: €2,400
- Profit (loss) carried forward +€1,009
up €1,009 (+7.2%), from -€13,981 to -€12,972
- Depreciation +€751
up €751 (+57.2%), from €1,313 to €2,064
- Gross operating margin +€667
up €667 (+23.4%), from €2,844 to €3,511
- Other operating charges -€50
down €50 (-11.0%), from €449 to €400
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,339 | €11,748 | +€3,409 | +40.9% |
| Formation expenses | 20 | €1,867 | €1,390 | -€477 | -25.5% |
| Fixed assets | 21/28 | €1,930 | €4,850 | +€2,920 | +151% |
| Tangible fixed assets | 22/27 | €1,930 | €4,850 | +€2,920 | +151% |
| Plant, machinery and equipment | 23 | €1,079 | €3,313 | +€2,233 | +207% |
| Furniture and vehicles | 24 | €851 | €1,537 | +€687 | +80.7% |
| Current assets | 29/58 | €4,543 | €5,508 | +€965 | +21.3% |
| Amounts receivable within one year | 40/41 | - | €490 | +€490 | |
| Trade receivables | 40 | - | €490 | +€490 | |
| Cash at bank and in hand | 54/58 | €4,543 | €5,018 | +€475 | +10.5% |
| Total equity and liabilities | 10/49 | €8,339 | €11,748 | +€3,409 | +40.9% |
| Equity | 10/15 | -€8,881 | -€7,872 | +€1,009 | +11.4% |
| Contributions | 10/11 | €5,100 | €5,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,981 | -€12,972 | +€1,009 | +7.2% |
| Amounts payable | 17/49 | €17,220 | €19,620 | +€2,400 | +13.9% |
| Amounts payable within one year | 42/48 | €17,220 | €17,220 | = | 0.0% |
| Other amounts payable | 47/48 | €17,220 | €17,220 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €2,400 | +€2,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,313 | €2,064 | +€751 | +57.2% |
| Other operating charges | 640/8 | €449 | €400 | -€50 | -11.0% |
| Gross operating margin | 9900 | €2,844 | €3,511 | +€667 | +23.4% |
| Operating profit (loss) | 9901 | €1,082 | €1,048 | -€35 | -3.2% |
| Financial charges | 65/66B | €38 | €39 | +€2 | +4.0% |
| Recurring financial charges | 65 | €38 | €39 | +€2 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €1,045 | €1,009 | -€36 | -3.5% |
| Profit (loss) for the period | 9904 | €1,045 | €1,009 | -€36 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,045 | €1,009 | -€36 | -3.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.