Vollebergh: 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.
Vollebergh
Largest movements
- Cash -€25,540
down €25,540 (-74.3%), from €34,390 to €8,850
mainly Debts after one year (-€134,079) and Investment in fixed assets (net) (-€13,791)
- Tangible fixed assets -€18,897
down €18,897 (-39.7%), from €47,639 to €28,742
of which Land and buildings: -€24,058
- Receivables within one year -€2,678
down €2,678 (-12.0%), from €22,337 to €19,659
- Debts after one year -€134,079
down €134,079 (-46.5%), from €288,342 to €154,262
- Profit (loss) carried forward +€57,871
up €57,871 (+5.7%), from -€1.0m to -€961,897
- Other debts +€38,558
up €38,558 (+164.5%), from €23,440 to €61,998
- Tax, wage and social debts -€5,429
down €5,429 (-34.3%), from €15,830 to €10,400
of which Taxes: -€3,504
- Reserves -€2,605
down €2,605 (-1.1%), from €242,219 to €239,614
of which Tax-exempt reserves: -€2,605
- Gross operating margin -€9,717
down €9,717 (-8.9%), from €109,103 to €99,386
- Financial charges -€4,362
down €4,362 (-43.9%), from €9,939 to €5,578
of which Non-recurring financial charges: -€2,483
- Depreciation -€4,281
down €4,281 (-11.6%), from €36,969 to €32,688
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 | €104,366 | €57,866 | -€46,500 | -44.6% |
| Fixed assets | 21/28 | €47,639 | €28,742 | -€18,897 | -39.7% |
| Tangible fixed assets | 22/27 | €47,639 | €28,742 | -€18,897 | -39.7% |
| Land and buildings | 22 | €33,326 | €9,267 | -€24,058 | -72.2% |
| Plant, machinery and equipment | 23 | €12,333 | €3,718 | -€8,616 | -69.9% |
| Furniture and vehicles | 24 | €1,979 | €1,370 | -€609 | -30.8% |
| Other tangible fixed assets | 26 | - | €14,386 | +€14,386 | |
| Current assets | 29/58 | €56,727 | €29,124 | -€27,603 | -48.7% |
| Amounts receivable within one year | 40/41 | €22,337 | €19,659 | -€2,678 | -12.0% |
| Trade receivables | 40 | €22,337 | €19,659 | -€2,678 | -12.0% |
| Cash at bank and in hand | 54/58 | €34,390 | €8,850 | -€25,540 | -74.3% |
| Deferred charges and accrued income | 490/1 | - | €615 | +€615 | |
| Total equity and liabilities | 10/49 | €104,366 | €57,866 | -€46,500 | -44.6% |
| Equity | 10/15 | -€265,549 | -€210,283 | +€55,266 | +20.8% |
| Contributions | 10/11 | €512,000 | €512,000 | = | 0.0% |
| Capital | 10 | €512,000 | €512,000 | = | 0.0% |
| Issued capital | 100 | €512,000 | €512,000 | = | 0.0% |
| Reserves | 13 | €242,219 | €239,614 | -€2,605 | -1.1% |
| Non-distributable reserves | 130/1 | €9,400 | €9,400 | = | 0.0% |
| Legal reserve | 130 | €9,400 | €9,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €39,376 | €36,771 | -€2,605 | -6.6% |
| Distributable reserves | 133 | €193,444 | €193,444 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,019,768 | -€961,897 | +€57,871 | +5.7% |
| Provisions and deferred taxes | 16 | €2,002 | €661 | -€1,341 | -67.0% |
| Deferred taxes | 168 | €2,002 | €661 | -€1,341 | -67.0% |
| Amounts payable | 17/49 | €367,913 | €267,488 | -€100,425 | -27.3% |
| Amounts payable after more than one year | 17 | €288,342 | €154,262 | -€134,079 | -46.5% |
| Financial debts | 170/4 | €288,342 | €154,262 | -€134,079 | -46.5% |
| Amounts payable within one year | 42/48 | €79,571 | €113,226 | +€33,655 | +42.3% |
| Current portion of amounts payable after more than one year | 42 | €40,302 | €40,779 | +€477 | +1.2% |
| Trade debts | 44 | - | €49 | +€49 | |
| Suppliers | 440/4 | - | €49 | +€49 | |
| Taxes, remuneration and social security | 45 | €15,830 | €10,400 | -€5,429 | -34.3% |
| Taxes | 450/3 | €13,905 | €10,400 | -€3,504 | -25.2% |
| Remuneration and social security | 454/9 | €1,925 | - | -€1,925 | |
| Other amounts payable | 47/48 | €23,440 | €61,998 | +€38,558 | +164.5% |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Remuneration, social security and pensions | 62 | €139 | - | -€139 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,969 | €32,688 | -€4,281 | -11.6% |
| Other operating charges | 640/8 | €6,208 | €5,465 | -€742 | -12.0% |
| Non-recurring operating charges | 66A | €85 | €1,067 | +€981 | +1152.4% |
| Gross operating margin | 9900 | €109,103 | €99,386 | -€9,717 | -8.9% |
| Operating profit (loss) | 9901 | €65,701 | €60,166 | -€5,535 | -8.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €9,939 | €5,578 | -€4,362 | -43.9% |
| Recurring financial charges | 65 | €7,457 | €5,578 | -€1,879 | -25.2% |
| Non-recurring financial charges | 66B | €2,483 | - | -€2,483 | |
| Profit (loss) for the period before taxes | 9903 | €55,762 | €54,588 | -€1,173 | -2.1% |
| Transfer from deferred taxes | 780 | €1,341 | €1,341 | = | 0.0% |
| Income taxes | 67/77 | €650 | €663 | +€13 | +2.0% |
| Profit (loss) for the period | 9904 | €56,453 | €55,266 | -€1,186 | -2.1% |
| Transfer from tax-exempt reserves | 789 | €2,605 | €2,605 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €59,057 | €57,871 | -€1,186 | -2.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.