VOITURON'S LUXURY CERCLE: 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.
VOITURON'S LUXURY CERCLE
Largest movements
- Cash +€13,014
up €13,014 (+49.9%), from €26,085 to €39,099
mainly Net result for the year (+€10,123) and Tax, wage and social debts (+€4,546)
- Tangible fixed assets -€1,706
down €1,706 (-45.3%), from €3,763 to €2,057
- Profit (loss) carried forward +€10,123
up €10,123 (+60.5%), from €16,741 to €26,864
- Other debts -€6,000
no longer reported in 2025 (was €6,000)
- Tax, wage and social debts +€4,546
up €4,546 (+76.2%), from €5,966 to €10,511
of which Remuneration and social security: +€3,584
- Trade debts +€2,355
up €2,355 (+120%), from €1,964 to €4,318
- Gross operating margin +€11,485
up €11,485 (+19.0%), from €60,392 to €71,877
- Staff costs +€9,731
up €9,731 (+23.0%), from €42,378 to €52,110
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 | €51,131 | €62,154 | +€11,023 | +21.6% |
| Fixed assets | 21/28 | €3,966 | €2,260 | -€1,706 | -43.0% |
| Tangible fixed assets | 22/27 | €3,763 | €2,057 | -€1,706 | -45.3% |
| Plant, machinery and equipment | 23 | €3,763 | €2,057 | -€1,706 | -45.3% |
| Financial fixed assets | 28 | €203 | €203 | = | 0.0% |
| Current assets | 29/58 | €47,164 | €59,894 | +€12,729 | +27.0% |
| Stocks and contracts in progress | 3 | €1,141 | €548 | -€593 | -52.0% |
| Stocks | 30/36 | €1,141 | €548 | -€593 | -52.0% |
| Amounts receivable within one year | 40/41 | €19,872 | €20,246 | +€374 | +1.9% |
| Other amounts receivable | 41 | €19,872 | €20,246 | +€374 | +1.9% |
| Cash at bank and in hand | 54/58 | €26,085 | €39,099 | +€13,014 | +49.9% |
| Deferred charges and accrued income | 490/1 | €66 | - | -€66 | |
| Total equity and liabilities | 10/49 | €51,131 | €62,154 | +€11,023 | +21.6% |
| Equity | 10/15 | €37,201 | €47,324 | +€10,123 | +27.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,741 | €26,864 | +€10,123 | +60.5% |
| Amounts payable | 17/49 | €13,929 | €14,830 | +€900 | +6.5% |
| Amounts payable within one year | 42/48 | €13,929 | €14,830 | +€900 | +6.5% |
| Trade debts | 44 | €1,964 | €4,318 | +€2,355 | +120% |
| Suppliers | 440/4 | €1,964 | €4,318 | +€2,355 | +120% |
| Taxes, remuneration and social security | 45 | €5,966 | €10,511 | +€4,546 | +76.2% |
| Taxes | 450/3 | €4,806 | €5,768 | +€962 | +20.0% |
| Remuneration and social security | 454/9 | €1,159 | €4,744 | +€3,584 | +309% |
| Other amounts payable | 47/48 | €6,000 | - | -€6,000 | |
| Remuneration, social security and pensions | 62 | €42,378 | €52,110 | +€9,731 | +23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,706 | €1,706 | = | 0.0% |
| Other operating charges | 640/8 | €1,128 | €1,764 | +€636 | +56.4% |
| Non-recurring operating charges | 66A | - | €66 | +€66 | |
| Gross operating margin | 9900 | €60,392 | €71,877 | +€11,485 | +19.0% |
| Operating profit (loss) | 9901 | €15,180 | €16,231 | +€1,051 | +6.9% |
| Financial income | 75/76B | €101 | €68 | -€33 | -32.9% |
| Recurring financial income | 75 | €101 | €68 | -€33 | -32.9% |
| Financial charges | 65/66B | €2,338 | €2,244 | -€94 | -4.0% |
| Recurring financial charges | 65 | €2,338 | €2,244 | -€94 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €12,943 | €14,054 | +€1,112 | +8.6% |
| Income taxes | 67/77 | €3,963 | €3,931 | -€32 | -0.8% |
| Profit (loss) for the period | 9904 | €8,980 | €10,123 | +€1,143 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,980 | €10,123 | +€1,143 | +12.7% |
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 30 October 2026 via checked.be.