VOLENTIS: 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.
VOLENTIS
Largest movements
- Receivables within one year +€6,112
up €6,112 (+59.0%), from €10,361 to €16,473
of which Trade receivables: +€7,658
- Deferred charges and accrued income +€2,770
up €2,770 (+286.0%), from €968 to €3,738
- Cash +€2,709
up €2,709 (+8.1%), from €33,535 to €36,244
mainly Net result for the year (+€12,439) and Accrued charges and deferred income (+€4,979)
- Accrued charges and deferred income +€4,979
up €4,979 (+93.6%), from €5,321 to €10,300
- Tax, wage and social debts +€4,497
up €4,497 (+60.1%), from €7,482 to €11,979
of which Taxes: +€4,287
- Other debts -€3,115
down €3,115 (-19.5%), from €16,000 to €12,885
- Profit (loss) carried forward +€2,439
up €2,439 (+343.7%), from €710 to €3,149
- Trade debts +€2,390
up €2,390 (+83.8%), from €2,852 to €5,242
- Gross operating margin +€15,207
up €15,207 (+29.7%), from €51,204 to €66,410
- Staff costs +€5,751
up €5,751 (+14.2%), from €40,633 to €46,384
- Taxes +€2,622
up €2,622 (+111.6%), from €2,349 to €4,972
- Other operating charges -€963
no longer reported in 2025 (was €963)
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.
Cash bridge derived
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 | €47,365 | €58,556 | +€11,190 | +23.6% |
| Fixed assets | 21/28 | €400 | €400 | = | 0.0% |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €46,965 | €58,156 | +€11,190 | +23.8% |
| Stocks and contracts in progress | 3 | €2,101 | €1,700 | -€401 | -19.1% |
| Stocks | 30/36 | €2,101 | €1,700 | -€401 | -19.1% |
| Amounts receivable within one year | 40/41 | €10,361 | €16,473 | +€6,112 | +59.0% |
| Trade receivables | 40 | €4,164 | €11,822 | +€7,658 | +183.9% |
| Other amounts receivable | 41 | €6,197 | €4,651 | -€1,546 | -25.0% |
| Cash at bank and in hand | 54/58 | €33,535 | €36,244 | +€2,709 | +8.1% |
| Deferred charges and accrued income | 490/1 | €968 | €3,738 | +€2,770 | +286.0% |
| Total equity and liabilities | 10/49 | €47,365 | €58,556 | +€11,190 | +23.6% |
| Equity | 10/15 | €15,710 | €18,149 | +€2,439 | +15.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €710 | €3,149 | +€2,439 | +343.7% |
| Amounts payable | 17/49 | €31,655 | €40,406 | +€8,751 | +27.6% |
| Amounts payable within one year | 42/48 | €26,334 | €30,106 | +€3,772 | +14.3% |
| Trade debts | 44 | €2,852 | €5,242 | +€2,390 | +83.8% |
| Suppliers | 440/4 | €2,852 | €5,242 | +€2,390 | +83.8% |
| Taxes, remuneration and social security | 45 | €7,482 | €11,979 | +€4,497 | +60.1% |
| Taxes | 450/3 | €2,632 | €6,919 | +€4,287 | +162.9% |
| Remuneration and social security | 454/9 | €4,851 | €5,061 | +€210 | +4.3% |
| Other amounts payable | 47/48 | €16,000 | €12,885 | -€3,115 | -19.5% |
| Accrued charges and deferred income | 492/3 | €5,321 | €10,300 | +€4,979 | +93.6% |
| Remuneration, social security and pensions | 62 | €40,633 | €46,384 | +€5,751 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €963 | - | -€963 | |
| Gross operating margin | 9900 | €51,204 | €66,410 | +€15,207 | +29.7% |
| Operating profit (loss) | 9901 | €9,608 | €20,027 | +€10,419 | +108.4% |
| Financial income | 75/76B | €158 | €182 | +€24 | +15.4% |
| Recurring financial income | 75 | €158 | €182 | +€24 | +15.4% |
| Financial charges | 65/66B | €2,799 | €2,798 | -€1 | 0.0% |
| Recurring financial charges | 65 | €2,799 | €2,798 | -€1 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €6,967 | €17,411 | +€10,444 | +149.9% |
| Income taxes | 67/77 | €2,349 | €4,972 | +€2,622 | +111.6% |
| Profit (loss) for the period | 9904 | €4,618 | €12,439 | +€7,822 | +169.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,618 | €12,439 | +€7,822 | +169.4% |
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 11 October 2026 via checked.be.