VOLER.BE: 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.
VOLER.BE
Largest movements
- Cash -€7,691
down €7,691 (-14.2%), from €54,064 to €46,373
mainly Net result for the year (-€9,249) and Debts after one year (-€6,168)
- Tangible fixed assets -€7,631
down €7,631 (-35.4%), from €21,573 to €13,942
of which Furniture and vehicles: -€7,402
- Stocks and contracts -€7,108
down €7,108 (-17.6%), from €40,443 to €33,335
- Receivables within one year +€3,104
up €3,104 (+64.1%), from €4,846 to €7,950
of which Trade receivables: +€1,604
- Profit (loss) carried forward -€9,249
down €9,249, from €7,723 to -€1,527
- Debts after one year -€6,168
down €6,168 (-48.0%), from €12,849 to €6,682
- Tax, wage and social debts -€3,132
down €3,132 (-28.5%), from €10,982 to €7,849
- Gross operating margin -€11,750
down €11,750, from €11,526 to -€223
- Taxes -€2,220
down €2,220 (-100%), from €2,220 to €0
- Depreciation +€511
up €511 (+7.2%), from €7,120 to €7,631
- Financial charges -€257
down €257 (-23.3%), from €1,104 to €846
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 | €123,575 | €105,024 | -€18,552 | -15.0% |
| Fixed assets | 21/28 | €21,573 | €13,942 | -€7,631 | -35.4% |
| Tangible fixed assets | 22/27 | €21,573 | €13,942 | -€7,631 | -35.4% |
| Furniture and vehicles | 24 | €21,002 | €13,600 | -€7,402 | -35.2% |
| Other tangible fixed assets | 26 | €570 | €341 | -€229 | -40.2% |
| Current assets | 29/58 | €102,002 | €91,082 | -€10,921 | -10.7% |
| Stocks and contracts in progress | 3 | €40,443 | €33,335 | -€7,108 | -17.6% |
| Stocks | 30/36 | €40,443 | €33,335 | -€7,108 | -17.6% |
| Amounts receivable within one year | 40/41 | €4,846 | €7,950 | +€3,104 | +64.1% |
| Trade receivables | 40 | €2,066 | €3,670 | +€1,604 | +77.6% |
| Other amounts receivable | 41 | €2,780 | €4,280 | +€1,500 | +54.0% |
| Cash at bank and in hand | 54/58 | €54,064 | €46,373 | -€7,691 | -14.2% |
| Deferred charges and accrued income | 490/1 | €2,649 | €3,424 | +€775 | +29.2% |
| Total equity and liabilities | 10/49 | €123,575 | €105,024 | -€18,552 | -15.0% |
| Equity | 10/15 | €92,723 | €83,473 | -€9,249 | -10.0% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,723 | -€1,527 | -€9,249 | |
| Amounts payable | 17/49 | €30,853 | €21,551 | -€9,302 | -30.2% |
| Amounts payable after more than one year | 17 | €12,849 | €6,682 | -€6,168 | -48.0% |
| Financial debts | 170/4 | €12,849 | €6,682 | -€6,168 | -48.0% |
| Amounts payable within one year | 42/48 | €18,004 | €14,869 | -€3,135 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €6,168 | €6,168 | = | 0.0% |
| Trade debts | 44 | €0 | €127 | +€127 | |
| Suppliers | 440/4 | €0 | €127 | +€127 | |
| Taxes, remuneration and social security | 45 | €10,982 | €7,849 | -€3,132 | -28.5% |
| Taxes | 450/3 | €10,982 | €7,849 | -€3,132 | -28.5% |
| Other amounts payable | 47/48 | €854 | €725 | -€129 | -15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,120 | €7,631 | +€511 | +7.2% |
| Other operating charges | 640/8 | €536 | €548 | +€12 | +2.3% |
| Gross operating margin | 9900 | €11,526 | -€223 | -€11,750 | |
| Operating profit (loss) | 9901 | €3,870 | -€8,403 | -€12,273 | |
| Financial charges | 65/66B | €1,104 | €846 | -€257 | -23.3% |
| Recurring financial charges | 65 | €1,104 | €846 | -€257 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €2,766 | -€9,249 | -€12,016 | |
| Income taxes | 67/77 | €2,220 | €0 | -€2,220 | -100% |
| Profit (loss) for the period | 9904 | €546 | -€9,249 | -€9,796 | |
| Profit (loss) for the period to be appropriated | 9905 | €546 | -€9,249 | -€9,796 |
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.