Voigt Consult: 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.
Voigt Consult
Largest movements
- Receivables within one year -€50,514
down €50,514 (-63.6%), from €79,406 to €28,892
of which Other amounts receivable: -€33,502
- Cash +€42,482
up €42,482 (+71.4%), from €59,497 to €101,979
mainly Net result for the year (+€57,252) and Receivables within one year (+€50,514)
- Tangible fixed assets +€10,746
up €10,746 (+45.6%), from €23,563 to €34,309
of which Furniture and vehicles: +€12,483
- Reserves -€37,307
down €37,307 (-23.9%), from €156,271 to €118,964
- Tax, wage and social debts +€27,308
up €27,308 (+459%), from €5,947 to €33,255
- Trade debts +€11,148
up €11,148 (+495%), from €2,253 to €13,402
- Gross operating margin +€12,159
up €12,159 (+14.9%), from €81,881 to €94,040
- Taxes +€4,180
up €4,180 (+30.5%), from €13,723 to €17,903
- Depreciation +€3,461
up €3,461 (+118%), from €2,930 to €6,391
- Other operating charges +€1,537
up €1,537 (+90.0%), from €1,708 to €3,246
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 | €166,471 | €168,964 | +€2,493 | +1.5% |
| Fixed assets | 21/28 | €23,563 | €34,309 | +€10,746 | +45.6% |
| Tangible fixed assets | 22/27 | €23,563 | €34,309 | +€10,746 | +45.6% |
| Furniture and vehicles | 24 | €12,013 | €24,496 | +€12,483 | +104% |
| Other tangible fixed assets | 26 | €11,550 | €9,814 | -€1,736 | -15.0% |
| Current assets | 29/58 | €142,907 | €134,654 | -€8,253 | -5.8% |
| Amounts receivable within one year | 40/41 | €79,406 | €28,892 | -€50,514 | -63.6% |
| Trade receivables | 40 | €43,526 | €26,515 | -€17,011 | -39.1% |
| Other amounts receivable | 41 | €35,879 | €2,377 | -€33,502 | -93.4% |
| Cash at bank and in hand | 54/58 | €59,497 | €101,979 | +€42,482 | +71.4% |
| Deferred charges and accrued income | 490/1 | €4,005 | €3,783 | -€222 | -5.5% |
| Total equity and liabilities | 10/49 | €166,471 | €168,964 | +€2,493 | +1.5% |
| Equity | 10/15 | €158,271 | €120,964 | -€37,307 | -23.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €156,271 | €118,964 | -€37,307 | -23.9% |
| Distributable reserves | 133 | €156,271 | €118,964 | -€37,307 | -23.9% |
| Amounts payable | 17/49 | €8,200 | €48,000 | +€39,800 | +485% |
| Amounts payable within one year | 42/48 | €8,200 | €48,000 | +€39,800 | +485% |
| Financial debts | 43 | - | €1,343 | +€1,343 | |
| Credit institutions | 430/8 | - | €1,343 | +€1,343 | |
| Trade debts | 44 | €2,253 | €13,402 | +€11,148 | +495% |
| Suppliers | 440/4 | €2,253 | €13,402 | +€11,148 | +495% |
| Taxes, remuneration and social security | 45 | €5,947 | €33,255 | +€27,308 | +459% |
| Taxes | 450/3 | €5,947 | €33,255 | +€27,308 | +459% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,930 | €6,391 | +€3,461 | +118% |
| Other operating charges | 640/8 | €1,708 | €3,246 | +€1,537 | +90.0% |
| Non-recurring operating charges | 66A | - | €9,375 | +€9,375 | |
| Gross operating margin | 9900 | €81,881 | €94,040 | +€12,159 | +14.9% |
| Operating profit (loss) | 9901 | €77,242 | €75,029 | -€2,213 | -2.9% |
| Financial income | 75/76B | €1,496 | €1,016 | -€480 | -32.1% |
| Recurring financial income | 75 | €1,496 | €1,016 | -€480 | -32.1% |
| Financial charges | 65/66B | €1,731 | €889 | -€842 | -48.6% |
| Recurring financial charges | 65 | €1,731 | €889 | -€842 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | €77,007 | €75,155 | -€1,852 | -2.4% |
| Income taxes | 67/77 | €13,723 | €17,903 | +€4,180 | +30.5% |
| Profit (loss) for the period | 9904 | €63,284 | €57,252 | -€6,032 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €63,284 | €57,252 | -€6,032 | -9.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.