VOLKI: what changed
Two fiscal 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.
VOLKI
Largest movements
- Cash +€9,674
up €9,674 (+265.8%), from €3,640 to €13,314
mainly Net result for the year (+€18,482) and Tax, wage and social debts (+€12,836)
- Receivables within one year +€6,478
up €6,478 (+60.6%), from €10,685 to €17,163
of which Other amounts receivable: +€16,281
- Tangible fixed assets -€600
down €600 (-20.7%), from €2,900 to €2,300
- Contributions -€18,600
no longer reported in 2025 (was €18,600)
- Reserves +€18,600
new in 2025: €18,600
- Profit (loss) carried forward +€18,482
up €18,482 (+80.2%), from -€23,033 to -€4,551
- Trade debts -€13,890
down €13,890 (-56.4%), from €24,648 to €10,758
- Tax, wage and social debts +€12,836
up €12,836 (+569.2%), from €2,255 to €15,091
of which Taxes: +€11,651
- Gross operating margin +€25,578
up €25,578 (+217.2%), from €11,778 to €37,356
- Staff costs -€14,948
down €14,948 (-62.5%), from €23,936 to €8,988
- Taxes +€6,161
new in 2025: €6,161
- Financial charges -€1,912
down €1,912 (-79.7%), from €2,399 to €487
- Other operating charges -€809
down €809 (-23.5%), from €3,450 to €2,641
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 | €24,270 | €39,898 | +€15,628 | +64.4% |
| Fixed assets | 21/28 | €8,300 | €7,700 | -€600 | -7.2% |
| Tangible fixed assets | 22/27 | €2,900 | €2,300 | -€600 | -20.7% |
| Plant, machinery and equipment | 23 | €2,900 | €2,300 | -€600 | -20.7% |
| Financial fixed assets | 28 | €5,400 | €5,400 | = | 0.0% |
| Current assets | 29/58 | €15,970 | €32,198 | +€16,228 | +101.6% |
| Stocks and contracts in progress | 3 | €1,131 | €1,131 | = | 0.0% |
| Stocks | 30/36 | €1,131 | €1,131 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,685 | €17,163 | +€6,478 | +60.6% |
| Trade receivables | 40 | €9,804 | - | -€9,804 | |
| Other amounts receivable | 41 | €882 | €17,163 | +€16,281 | +1846.2% |
| Cash at bank and in hand | 54/58 | €3,640 | €13,314 | +€9,674 | +265.8% |
| Deferred charges and accrued income | 490/1 | €514 | €590 | +€77 | +15.0% |
| Total equity and liabilities | 10/49 | €24,270 | €39,898 | +€15,628 | +64.4% |
| Equity | 10/15 | -€4,433 | €14,049 | +€18,482 | |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | - | €18,600 | +€18,600 | |
| Distributable reserves | 133 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€23,033 | -€4,551 | +€18,482 | +80.2% |
| Amounts payable | 17/49 | €28,703 | €25,849 | -€2,854 | -9.9% |
| Amounts payable within one year | 42/48 | €26,903 | €25,849 | -€1,054 | -3.9% |
| Trade debts | 44 | €24,648 | €10,758 | -€13,890 | -56.4% |
| Suppliers | 440/4 | €24,648 | €10,758 | -€13,890 | -56.4% |
| Taxes, remuneration and social security | 45 | €2,255 | €15,091 | +€12,836 | +569.2% |
| Taxes | 450/3 | - | €11,651 | +€11,651 | |
| Remuneration and social security | 454/9 | €2,255 | €3,440 | +€1,185 | +52.6% |
| Accrued charges and deferred income | 492/3 | €1,800 | - | -€1,800 | |
| Remuneration, social security and pensions | 62 | €23,936 | €8,988 | -€14,948 | -62.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100 | €600 | +€500 | +500.0% |
| Other operating charges | 640/8 | €3,450 | €2,641 | -€809 | -23.5% |
| Gross operating margin | 9900 | €11,778 | €37,356 | +€25,578 | +217.2% |
| Operating profit (loss) | 9901 | -€15,708 | €25,127 | +€40,836 | |
| Financial income | 75/76B | €354 | €2 | -€352 | -99.4% |
| Recurring financial income | 75 | €354 | €2 | -€352 | -99.4% |
| Financial charges | 65/66B | €2,399 | €487 | -€1,912 | -79.7% |
| Recurring financial charges | 65 | €2,399 | €487 | -€1,912 | -79.7% |
| Profit (loss) for the period before taxes | 9903 | -€17,753 | €24,643 | +€42,396 | |
| Income taxes | 67/77 | - | €6,161 | +€6,161 | |
| Profit (loss) for the period | 9904 | -€17,753 | €18,482 | +€36,236 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,753 | €18,482 | +€36,236 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.