VOKITECH: 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.
VOKITECH
Largest movements
- Receivables after one year +€30,000
new in 2024: €30,000
- Receivables within one year -€19,717
down €19,717 (-30.8%), from €64,077 to €44,359
of which Other amounts receivable: -€33,310
- Cash -€10,652
down €10,652 (-44.4%), from €23,991 to €13,339
mainly Receivables after one year (-€30,000) and Tax, wage and social debts (-€8,757)
- Tangible fixed assets -€5,985
down €5,985 (-27.4%), from €21,832 to €15,847
of which Other tangible fixed assets: -€3,883
- Tax, wage and social debts -€8,757
down €8,757 (-44.6%), from €19,653 to €10,897
- Reserves +€1,371
up €1,371 (+1.7%), from €81,620 to €82,991
of which Distributable reserves: +€1,371
- Trade debts +€1,336
up €1,336 (+35.9%), from €3,723 to €5,059
- Gross operating margin -€9,172
down €9,172 (-34.2%), from €26,858 to €17,685
- Purchases and services +€6,713
up €6,713 (+5.5%), from €121,009 to €127,723
- Taxes -€3,911
down €3,911 (-100.0%), from €3,912 to €0
- Turnover -€2,459
down €2,459 (-1.7%), from €147,867 to €145,408
- Depreciation +€1,780
up €1,780 (+23.0%), from €7,745 to €9,525
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,197 | €105,147 | -€6,050 | -5.4% |
| Fixed assets | 21/28 | €21,832 | €15,847 | -€5,985 | -27.4% |
| Tangible fixed assets | 22/27 | €21,832 | €15,847 | -€5,985 | -27.4% |
| Furniture and vehicles | 24 | €8,827 | €6,725 | -€2,102 | -23.8% |
| Other tangible fixed assets | 26 | €13,005 | €9,122 | -€3,883 | -29.9% |
| Current assets | 29/58 | €89,365 | €89,299 | -€65 | -0.1% |
| Amounts receivable after more than one year | 29 | - | €30,000 | +€30,000 | |
| Other amounts receivable | 291 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €64,077 | €44,359 | -€19,717 | -30.8% |
| Trade receivables | 40 | €644 | €14,236 | +€13,592 | +2,112% |
| Other amounts receivable | 41 | €63,433 | €30,124 | -€33,310 | -52.5% |
| Cash at bank and in hand | 54/58 | €23,991 | €13,339 | -€10,652 | -44.4% |
| Deferred charges and accrued income | 490/1 | €1,297 | €1,601 | +€304 | +23.5% |
| Total equity and liabilities | 10/49 | €111,197 | €105,147 | -€6,050 | -5.4% |
| Equity | 10/15 | €87,820 | €89,191 | +€1,371 | +1.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €81,620 | €82,991 | +€1,371 | +1.7% |
| Non-distributable reserves | 130/1 | €1,310 | €1,310 | = | 0.0% |
| Legal reserve | 130 | €1,310 | €1,310 | = | 0.0% |
| Distributable reserves | 133 | €80,310 | €81,681 | +€1,371 | +1.7% |
| Amounts payable | 17/49 | €23,376 | €15,955 | -€7,421 | -31.7% |
| Amounts payable within one year | 42/48 | €23,376 | €15,955 | -€7,421 | -31.7% |
| Trade debts | 44 | €3,723 | €5,059 | +€1,336 | +35.9% |
| Suppliers | 440/4 | €3,723 | €5,059 | +€1,336 | +35.9% |
| Taxes, remuneration and social security | 45 | €19,653 | €10,897 | -€8,757 | -44.6% |
| Taxes | 450/3 | €19,653 | €10,897 | -€8,757 | -44.6% |
| Turnover | 70 | €147,867 | €145,408 | -€2,459 | -1.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €121,009 | €127,723 | +€6,713 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,745 | €9,525 | +€1,780 | +23.0% |
| Other operating charges | 640/8 | €3,605 | €3,563 | -€42 | -1.2% |
| Non-recurring operating charges | 66A | - | €334 | +€334 | |
| Gross operating margin | 9900 | €26,858 | €17,685 | -€9,172 | -34.2% |
| Operating profit (loss) | 9901 | €15,508 | €4,263 | -€11,245 | -72.5% |
| Financial income | 75/76B | €3,685 | €2,827 | -€858 | -23.3% |
| Recurring financial income | 75 | €3,685 | €2,827 | -€858 | -23.3% |
| Financial charges | 65/66B | €6,709 | €5,719 | -€990 | -14.8% |
| Recurring financial charges | 65 | €6,209 | €5,401 | -€808 | -13.0% |
| Non-recurring financial charges | 66B | €500 | €318 | -€182 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | €12,484 | €1,371 | -€11,112 | -89.0% |
| Income taxes | 67/77 | €3,912 | €0 | -€3,911 | -100.0% |
| Profit (loss) for the period | 9904 | €8,572 | €1,371 | -€7,201 | -84.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,572 | €1,371 | -€7,201 | -84.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.