Volk: 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.
Volk
Largest movements
- Receivables within one year -€18,942
down €18,942 (-26.8%), from €70,746 to €51,804
of which Trade receivables: -€45,309
- Tangible fixed assets -€17,414
down €17,414 (-5.2%), from €336,521 to €319,107
of which Land and buildings: -€13,540
- Trade debts -€22,685
down €22,685 (-73.5%), from €30,845 to €8,160
- Debts after one year -€17,386
down €17,386 (-6.0%), from €288,371 to €270,985
- Other debts +€6,117
up €6,117 (+184%), from €3,321 to €9,438
- Short-term financial debts -€4,358
down €4,358 (-14.8%), from €29,358 to €25,000
- Tax, wage and social debts +€4,326
up €4,326 (+225%), from €1,926 to €6,253
- Gross operating margin +€4,057
up €4,057 (+11.6%), from €35,041 to €39,098
- Financial charges -€2,080
down €2,080 (-23.1%), from €9,009 to €6,928
- Staff costs -€901
no longer reported in 2025 (was €901)
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 | €407,718 | €374,843 | -€32,874 | -8.1% |
| Fixed assets | 21/28 | €336,971 | €319,557 | -€17,414 | -5.2% |
| Tangible fixed assets | 22/27 | €336,521 | €319,107 | -€17,414 | -5.2% |
| Land and buildings | 22 | €323,439 | €309,899 | -€13,540 | -4.2% |
| Furniture and vehicles | 24 | €13,082 | €9,208 | -€3,874 | -29.6% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €70,746 | €55,286 | -€15,460 | -21.9% |
| Amounts receivable within one year | 40/41 | €70,746 | €51,804 | -€18,942 | -26.8% |
| Trade receivables | 40 | €67,296 | €21,987 | -€45,309 | -67.3% |
| Other amounts receivable | 41 | €3,450 | €29,817 | +€26,367 | +764% |
| Cash at bank and in hand | 54/58 | - | €3,482 | +€3,482 | |
| Total equity and liabilities | 10/49 | €407,718 | €374,843 | -€32,874 | -8.1% |
| Equity | 10/15 | €35,856 | €36,872 | +€1,017 | +2.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €29,360 | €29,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €27,500 | €27,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €296 | €1,312 | +€1,017 | +344% |
| Amounts payable | 17/49 | €371,862 | €337,971 | -€33,891 | -9.1% |
| Amounts payable after more than one year | 17 | €288,371 | €270,985 | -€17,386 | -6.0% |
| Financial debts | 170/4 | €288,371 | €270,985 | -€17,386 | -6.0% |
| Amounts payable within one year | 42/48 | €82,741 | €66,236 | -€16,505 | -19.9% |
| Current portion of amounts payable after more than one year | 42 | €17,291 | €17,386 | +€95 | +0.5% |
| Financial debts | 43 | €29,358 | €25,000 | -€4,358 | -14.8% |
| Credit institutions | 430/8 | €29,358 | €25,000 | -€4,358 | -14.8% |
| Trade debts | 44 | €30,845 | €8,160 | -€22,685 | -73.5% |
| Suppliers | 440/4 | €30,845 | €8,160 | -€22,685 | -73.5% |
| Taxes, remuneration and social security | 45 | €1,926 | €6,253 | +€4,326 | +225% |
| Taxes | 450/3 | €1,926 | €6,253 | +€4,326 | +225% |
| Other amounts payable | 47/48 | €3,321 | €9,438 | +€6,117 | +184% |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €901 | - | -€901 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,670 | €20,054 | +€385 | +2.0% |
| Other operating charges | 640/8 | €2,428 | €2,373 | -€54 | -2.2% |
| Gross operating margin | 9900 | €35,041 | €39,098 | +€4,057 | +11.6% |
| Operating profit (loss) | 9901 | €12,042 | €16,670 | +€4,628 | +38.4% |
| Financial income | 75/76B | €0 | €26 | +€26 | +258,400% |
| Recurring financial income | 75 | €0 | €26 | +€26 | +258,400% |
| Financial charges | 65/66B | €9,009 | €6,928 | -€2,080 | -23.1% |
| Recurring financial charges | 65 | €9,009 | €6,928 | -€2,080 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €3,033 | €9,768 | +€6,734 | +222% |
| Income taxes | 67/77 | €1,551 | €1,251 | -€300 | -19.4% |
| Profit (loss) for the period | 9904 | €1,482 | €8,517 | +€7,035 | +475% |
| Profit (loss) for the period to be appropriated | 9905 | €1,482 | €8,517 | +€7,035 | +475% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.