VOISINS: 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.
What changed
VOISINS
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€58,957
2024 · €99,433-€40,476
Equity
€409,626
2024 · €350,669+€58,957
Cash
€67,201
2024 · €94,638-€27,437
Balance sheet total
€6.9m
2024 · €6.8m+€110,022
Largest movements
Assets
- Receivables within one year +€102,108
new in 2025: €102,108
of which Trade receivables: +€95,805
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Other operating charges +€29,829
up €29,829 (+73.1%), from €40,811 to €70,640
- Purchases and services +€17,462
up €17,462 (+15.3%), from €113,918 to €131,380
- Taxes -€14,846
down €14,846 (-44.3%), from €33,543 to €18,696
- Gross operating margin -€13,319
down €13,319 (-2.2%), from €592,966 to €579,647
- Depreciation +€10,684
up €10,684 (+3.4%), from €310,724 to €321,408
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.
Result 2024
€99,433
Gross operating margin
-€13,319
Depreciation
-€10,684
Other operating charges
-€29,829
Financial charges
-€1,491
Taxes
+€14,846
Result 2025
€58,957
raises the resultlowers the result
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.
From operations
+€262,047
Investment
-€359,342
Financing
+€69,859
Cash 2024
€94,638
From operations (derived)
+€262,047
Net result for the year
+€58,957
Depreciation
+€321,408
Receivables after one year
+€10,158
Receivables within one year
-€102,108
Deferred charges and accrued income
-€7,573
Trade debts
+€3,191
Tax, wage and social debts
-€18,543
Other debts
+€4,041
Accrued charges and deferred income
-€7,483
Investment (derived)
-€359,342
Investment in fixed assets (net)
-€359,342
Financing
+€69,859
Debts after one year
+€30,306
Short-term financial debts
+€39,553
Cash 2025
€67,201
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,774,098 | €6,884,120 | +€110,022 | +1.6% |
| Fixed assets | 21/28 | €6,669,303 | €6,707,238 | +€37,935 | +0.6% |
| Tangible fixed assets | 22/27 | €6,669,303 | €6,707,238 | +€37,935 | +0.6% |
| Land and buildings | 22 | €6,579,318 | €6,291,970 | -€287,347 | -4.4% |
| Plant, machinery and equipment | 23 | €36,705 | €377,319 | +€340,614 | +928% |
| Furniture and vehicles | 24 | €53,280 | €37,948 | -€15,331 | -28.8% |
| Current assets | 29/58 | €104,795 | €176,883 | +€72,087 | +68.8% |
| Amounts receivable after more than one year | 29 | €10,158 | - | -€10,158 | |
| Trade receivables | 290 | €10,158 | - | -€10,158 | |
| Amounts receivable within one year | 40/41 | - | €102,108 | +€102,108 | |
| Trade receivables | 40 | - | €95,805 | +€95,805 | |
| Other amounts receivable | 41 | - | €6,304 | +€6,304 | |
| Cash at bank and in hand | 54/58 | €94,638 | €67,201 | -€27,437 | -29.0% |
| Deferred charges and accrued income | 490/1 | - | €7,573 | +€7,573 | |
| Total equity and liabilities | 10/49 | €6,774,098 | €6,884,120 | +€110,022 | +1.6% |
| Equity | 10/15 | €350,669 | €409,626 | +€58,957 | +16.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €332,069 | €391,026 | +€58,957 | +17.8% |
| Distributable reserves | 133 | €332,069 | €391,026 | +€58,957 | +17.8% |
| Amounts payable | 17/49 | €6,423,429 | €6,474,495 | +€51,065 | +0.8% |
| Amounts payable after more than one year | 17 | €5,962,065 | €5,992,371 | +€30,306 | +0.5% |
| Financial debts | 170/4 | €3,755,205 | €3,785,511 | +€30,306 | +0.8% |
| Other amounts payable | 178/9 | €2,206,860 | €2,206,860 | = | 0.0% |
| Amounts payable within one year | 42/48 | €410,160 | €438,403 | +€28,243 | +6.9% |
| Financial debts | 43 | €318,680 | €358,234 | +€39,553 | +12.4% |
| Credit institutions | 430/8 | €318,680 | €358,234 | +€39,553 | +12.4% |
| Trade debts | 44 | €5,335 | €8,526 | +€3,191 | +59.8% |
| Suppliers | 440/4 | €5,335 | €8,526 | +€3,191 | +59.8% |
| Taxes, remuneration and social security | 45 | €18,543 | - | -€18,543 | |
| Taxes | 450/3 | €18,543 | - | -€18,543 | |
| Other amounts payable | 47/48 | €67,602 | €71,643 | +€4,041 | +6.0% |
| Accrued charges and deferred income | 492/3 | €51,205 | €43,721 | -€7,483 | -14.6% |
| Turnover | 70 | €706,884 | €711,027 | +€4,142 | +0.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €113,918 | €131,380 | +€17,462 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €310,724 | €321,408 | +€10,684 | +3.4% |
| Other operating charges | 640/8 | €40,811 | €70,640 | +€29,829 | +73.1% |
| Gross operating margin | 9900 | €592,966 | €579,647 | -€13,319 | -2.2% |
| Operating profit (loss) | 9901 | €241,431 | €187,600 | -€53,832 | -22.3% |
| Financial charges | 65/66B | €108,456 | €109,947 | +€1,491 | +1.4% |
| Recurring financial charges | 65 | €108,456 | €109,947 | +€1,491 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €132,976 | €77,653 | -€55,323 | -41.6% |
| Income taxes | 67/77 | €33,543 | €18,696 | -€14,846 | -44.3% |
| Profit (loss) for the period | 9904 | €99,433 | €58,957 | -€40,476 | -40.7% |
| Profit (loss) for the period to be appropriated | 9905 | €99,433 | €58,957 | -€40,476 | -40.7% |
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 18 October 2026 via checked.be.