Vol-Tec: 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.
Vol-Tec
Largest movements
- Tangible fixed assets -€14,841
down €14,841 (-19.3%), from €76,958 to €62,117
- Receivables within one year +€10,570
up €10,570 (+4,805%), from €220 to €10,790
- Current investments +€10,000
new in 2025: €10,000
- Cash -€2,511
down €2,511 (-8.4%), from €29,727 to €27,216
mainly Debts after one year (-€15,400) and Receivables within one year (-€10,570)
- Profit (loss) carried forward +€17,369
up €17,369 (+84.9%), from €20,469 to €37,838
- Debts after one year -€15,400
down €15,400 (-27.2%), from €56,702 to €41,301
- Other debts +€1,454
up €1,454 (+290%), from €502 to €1,956
- Trade debts -€1,346
down €1,346 (-27.4%), from €4,916 to €3,570
- Depreciation +€6,630
up €6,630 (+59.1%), from €11,210 to €17,841
- Gross operating margin +€4,878
up €4,878 (+12.5%), from €39,119 to €43,998
- Financial charges +€946
up €946 (+45.3%), from €2,088 to €3,034
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 | €107,760 | €110,161 | +€2,402 | +2.2% |
| Fixed assets | 21/28 | €76,958 | €62,117 | -€14,841 | -19.3% |
| Tangible fixed assets | 22/27 | €76,958 | €62,117 | -€14,841 | -19.3% |
| Furniture and vehicles | 24 | €76,958 | €62,117 | -€14,841 | -19.3% |
| Current assets | 29/58 | €30,802 | €48,044 | +€17,243 | +56.0% |
| Amounts receivable within one year | 40/41 | €220 | €10,790 | +€10,570 | +4,805% |
| Trade receivables | 40 | €220 | €10,790 | +€10,570 | +4,805% |
| Current investments | 50/53 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €29,727 | €27,216 | -€2,511 | -8.4% |
| Deferred charges and accrued income | 490/1 | €855 | €38 | -€817 | -95.6% |
| Total equity and liabilities | 10/49 | €107,760 | €110,161 | +€2,402 | +2.2% |
| Equity | 10/15 | €22,469 | €39,838 | +€17,369 | +77.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,469 | €37,838 | +€17,369 | +84.9% |
| Amounts payable | 17/49 | €85,290 | €70,323 | -€14,967 | -17.5% |
| Amounts payable after more than one year | 17 | €56,702 | €41,301 | -€15,400 | -27.2% |
| Financial debts | 170/4 | €56,702 | €41,301 | -€15,400 | -27.2% |
| Amounts payable within one year | 42/48 | €28,589 | €29,022 | +€433 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €14,757 | €15,400 | +€643 | +4.4% |
| Trade debts | 44 | €4,916 | €3,570 | -€1,346 | -27.4% |
| Suppliers | 440/4 | €4,916 | €3,570 | -€1,346 | -27.4% |
| Taxes, remuneration and social security | 45 | €8,414 | €8,096 | -€317 | -3.8% |
| Taxes | 450/3 | €8,414 | €8,096 | -€317 | -3.8% |
| Other amounts payable | 47/48 | €502 | €1,956 | +€1,454 | +290% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,210 | €17,841 | +€6,630 | +59.1% |
| Other operating charges | 640/8 | €325 | €697 | +€372 | +114% |
| Gross operating margin | 9900 | €39,119 | €43,998 | +€4,878 | +12.5% |
| Operating profit (loss) | 9901 | €27,584 | €25,459 | -€2,124 | -7.7% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €2,088 | €3,034 | +€946 | +45.3% |
| Recurring financial charges | 65 | €2,088 | €3,034 | +€946 | +45.3% |
| Profit (loss) for the period before taxes | 9903 | €25,496 | €22,430 | -€3,066 | -12.0% |
| Income taxes | 67/77 | €5,026 | €5,061 | +€34 | +0.7% |
| Profit (loss) for the period | 9904 | €20,469 | €17,369 | -€3,101 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,469 | €17,369 | -€3,101 | -15.1% |
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 13 October 2026 via checked.be.