VOIPSWER: 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.
VOIPSWER
Largest movements
- Cash +€72,959
up €72,959 (+37.8%), from €193,045 to €266,004
mainly Net result for the year (+€33,602) and Trade debts (+€30,170)
- Receivables within one year -€3,657
down €3,657 (-9.4%), from €38,912 to €35,255
of which Other amounts receivable: -€3,035
- Reserves +€33,602
up €33,602 (+44.1%), from €76,275 to €109,877
- Trade debts +€30,170
up €30,170 (+22.9%), from €131,643 to €161,813
- Gross operating margin +€7,840
up €7,840 (+18.9%), from €41,402 to €49,242
- Taxes +€2,467
up €2,467 (+28.0%), from €8,798 to €11,265
- Depreciation -€2,106
down €2,106 (-37.0%), from €5,693 to €3,587
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 | €235,947 | €301,661 | +€65,714 | +27.9% |
| Fixed assets | 21/28 | €3,989 | €402 | -€3,587 | -89.9% |
| Intangible fixed assets | 21 | €2,883 | €0 | -€2,883 | -100% |
| Tangible fixed assets | 22/27 | €1,107 | €402 | -€705 | -63.7% |
| Furniture and vehicles | 24 | €1,107 | €402 | -€705 | -63.7% |
| Current assets | 29/58 | €231,957 | €301,259 | +€69,302 | +29.9% |
| Amounts receivable within one year | 40/41 | €38,912 | €35,255 | -€3,657 | -9.4% |
| Trade receivables | 40 | €33,033 | €32,412 | -€622 | -1.9% |
| Other amounts receivable | 41 | €5,879 | €2,844 | -€3,035 | -51.6% |
| Cash at bank and in hand | 54/58 | €193,045 | €266,004 | +€72,959 | +37.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €235,947 | €301,661 | +€65,714 | +27.9% |
| Equity | 10/15 | €94,875 | €128,477 | +€33,602 | +35.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €76,275 | €109,877 | +€33,602 | +44.1% |
| Distributable reserves | 133 | €76,275 | €109,877 | +€33,602 | +44.1% |
| Amounts payable | 17/49 | €141,072 | €173,185 | +€32,113 | +22.8% |
| Amounts payable within one year | 42/48 | €141,072 | €173,185 | +€32,113 | +22.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €131,643 | €161,813 | +€30,170 | +22.9% |
| Suppliers | 440/4 | €131,643 | €161,813 | +€30,170 | +22.9% |
| Taxes, remuneration and social security | 45 | €9,429 | €10,394 | +€965 | +10.2% |
| Taxes | 450/3 | €9,429 | €10,394 | +€965 | +10.2% |
| Other amounts payable | 47/48 | - | €978 | +€978 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,693 | €3,587 | -€2,106 | -37.0% |
| Other operating charges | 640/8 | €499 | €572 | +€73 | +14.6% |
| Gross operating margin | 9900 | €41,402 | €49,242 | +€7,840 | +18.9% |
| Operating profit (loss) | 9901 | €35,210 | €45,082 | +€9,873 | +28.0% |
| Financial income | 75/76B | €95 | €229 | +€134 | +141% |
| Recurring financial income | 75 | €95 | €229 | +€134 | +141% |
| Financial charges | 65/66B | €391 | €445 | +€54 | +13.7% |
| Recurring financial charges | 65 | €391 | €445 | +€54 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €34,913 | €44,866 | +€9,953 | +28.5% |
| Income taxes | 67/77 | €8,798 | €11,265 | +€2,467 | +28.0% |
| Profit (loss) for the period | 9904 | €26,116 | €33,602 | +€7,486 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,116 | €33,602 | +€7,486 | +28.7% |
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 14 October 2026 via checked.be.