VOLDERS P&M SUPERVISION: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
VOLDERS P&M SUPERVISION
Largest movements
- Receivables within one year +€12,612
up €12,612 (+114%), from €11,107 to €23,719
of which Other amounts receivable: +€6,572
- Cash +€9,243
up €9,243 (+39.9%), from €23,176 to €32,419
mainly Net result for the year (+€25,357) and Tax, wage and social debts (+€2,424)
- Tangible fixed assets +€4,813
new in 2025: €4,813
of which Land and buildings: +€2,432
- Reserves +€25,357
up €25,357 (+181%), from €14,024 to €39,381
- Tax, wage and social debts +€2,424
up €2,424 (+15.4%), from €15,703 to €18,127
of which Taxes: +€2,424
- Accrued charges and deferred income -€2,251
down €2,251 (-72.2%), from €3,118 to €867
- Trade debts +€944
up €944 (+2,268%), from €42 to €986
- Gross operating margin +€15,829
up €15,829 (+74.0%), from €21,388 to €37,218
- Taxes +€4,263
up €4,263 (+73.6%), from €5,791 to €10,054
- Depreciation +€415
new in 2025: €415
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,386 | €61,861 | +€26,474 | +74.8% |
| Fixed assets | 21/28 | - | €4,813 | +€4,813 | |
| Tangible fixed assets | 22/27 | - | €4,813 | +€4,813 | |
| Land and buildings | 22 | - | €2,432 | +€2,432 | |
| Furniture and vehicles | 24 | - | €2,381 | +€2,381 | |
| Current assets | 29/58 | €35,386 | €57,047 | +€21,661 | +61.2% |
| Amounts receivable within one year | 40/41 | €11,107 | €23,719 | +€12,612 | +114% |
| Trade receivables | 40 | €9,757 | €15,798 | +€6,040 | +61.9% |
| Other amounts receivable | 41 | €1,350 | €7,922 | +€6,572 | +487% |
| Cash at bank and in hand | 54/58 | €23,176 | €32,419 | +€9,243 | +39.9% |
| Deferred charges and accrued income | 490/1 | €1,103 | €909 | -€194 | -17.6% |
| Total equity and liabilities | 10/49 | €35,386 | €61,861 | +€26,474 | +74.8% |
| Equity | 10/15 | €16,524 | €41,881 | +€25,357 | +153% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €14,024 | €39,381 | +€25,357 | +181% |
| Distributable reserves | 133 | €14,024 | €39,381 | +€25,357 | +181% |
| Amounts payable | 17/49 | €18,863 | €19,980 | +€1,117 | +5.9% |
| Amounts payable within one year | 42/48 | €15,745 | €19,113 | +€3,368 | +21.4% |
| Trade debts | 44 | €42 | €986 | +€944 | +2,268% |
| Suppliers | 440/4 | €42 | €986 | +€944 | +2,268% |
| Taxes, remuneration and social security | 45 | €15,703 | €18,127 | +€2,424 | +15.4% |
| Taxes | 450/3 | €11,703 | €14,127 | +€2,424 | +20.7% |
| Remuneration and social security | 454/9 | €4,000 | €4,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,118 | €867 | -€2,251 | -72.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €415 | +€415 | |
| Other operating charges | 640/8 | €116 | €129 | +€13 | +11.5% |
| Gross operating margin | 9900 | €21,388 | €37,218 | +€15,829 | +74.0% |
| Operating profit (loss) | 9901 | €21,273 | €36,674 | +€15,401 | +72.4% |
| Financial income | 75/76B | €8 | €274 | +€266 | +3,189% |
| Recurring financial income | 75 | €8 | €274 | +€266 | +3,189% |
| Financial charges | 65/66B | €1,466 | €1,537 | +€70 | +4.8% |
| Recurring financial charges | 65 | €1,466 | €1,537 | +€70 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €19,815 | €35,411 | +€15,596 | +78.7% |
| Income taxes | 67/77 | €5,791 | €10,054 | +€4,263 | +73.6% |
| Profit (loss) for the period | 9904 | €14,024 | €25,357 | +€11,333 | +80.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,024 | €25,357 | +€11,333 | +80.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.