VOLLEMAAN: 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.
VOLLEMAAN
Largest movements
- Cash -€8,855
down €8,855 (-34.1%), from €25,945 to €17,090
mainly Trade debts (-€12,853) and Investment in fixed assets (net) (-€7,965)
- Receivables within one year -€5,123
down €5,123 (-27.8%), from €18,459 to €13,336
of which Trade receivables: -€4,340
- Tangible fixed assets -€1,688
down €1,688 (-6.9%), from €24,495 to €22,807
of which Plant, machinery and equipment: -€2,278
- Trade debts -€12,853
down €12,853 (-60.3%), from €21,299 to €8,446
- Profit (loss) carried forward -€2,154
new in 2025: -€2,154
- Tax, wage and social debts -€1,693
down €1,693 (-10.5%), from €16,138 to €14,445
- Other debts +€864
up €864 (+50.4%), from €1,715 to €2,579
- Gross operating margin -€40,231
down €40,231 (-79.5%), from €50,586 to €10,354
- Taxes -€10,997
down €10,997 (-98.6%), from €11,149 to €153
- Depreciation +€2,683
up €2,683 (+38.5%), from €6,970 to €9,653
- Financial charges -€863
down €863 (-31.7%), from €2,721 to €1,858
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 | €69,388 | €53,551 | -€15,837 | -22.8% |
| Fixed assets | 21/28 | €24,495 | €22,807 | -€1,688 | -6.9% |
| Tangible fixed assets | 22/27 | €24,495 | €22,807 | -€1,688 | -6.9% |
| Plant, machinery and equipment | 23 | €15,360 | €13,082 | -€2,278 | -14.8% |
| Furniture and vehicles | 24 | €414 | €1,973 | +€1,559 | +377% |
| Other tangible fixed assets | 26 | €8,721 | €7,752 | -€969 | -11.1% |
| Current assets | 29/58 | €44,892 | €30,744 | -€14,149 | -31.5% |
| Amounts receivable within one year | 40/41 | €18,459 | €13,336 | -€5,123 | -27.8% |
| Trade receivables | 40 | €17,676 | €13,336 | -€4,340 | -24.6% |
| Other amounts receivable | 41 | €782 | - | -€782 | |
| Cash at bank and in hand | 54/58 | €25,945 | €17,090 | -€8,855 | -34.1% |
| Deferred charges and accrued income | 490/1 | €488 | €317 | -€171 | -35.0% |
| Total equity and liabilities | 10/49 | €69,388 | €53,551 | -€15,837 | -22.8% |
| Equity | 10/15 | €30,235 | €28,081 | -€2,154 | -7.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €28,735 | €28,735 | = | 0.0% |
| Distributable reserves | 133 | €28,735 | €28,735 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,154 | -€2,154 | |
| Amounts payable | 17/49 | €39,152 | €25,470 | -€13,683 | -34.9% |
| Amounts payable within one year | 42/48 | €39,152 | €25,470 | -€13,683 | -34.9% |
| Trade debts | 44 | €21,299 | €8,446 | -€12,853 | -60.3% |
| Suppliers | 440/4 | €21,299 | €8,446 | -€12,853 | -60.3% |
| Taxes, remuneration and social security | 45 | €16,138 | €14,445 | -€1,693 | -10.5% |
| Taxes | 450/3 | €16,138 | €14,445 | -€1,693 | -10.5% |
| Other amounts payable | 47/48 | €1,715 | €2,579 | +€864 | +50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,970 | €9,653 | +€2,683 | +38.5% |
| Other operating charges | 640/8 | €1,010 | €845 | -€165 | -16.3% |
| Gross operating margin | 9900 | €50,586 | €10,354 | -€40,231 | -79.5% |
| Operating profit (loss) | 9901 | €42,605 | -€144 | -€42,750 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,721 | €1,858 | -€863 | -31.7% |
| Recurring financial charges | 65 | €2,721 | €1,858 | -€863 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | €39,885 | -€2,002 | -€41,887 | |
| Income taxes | 67/77 | €11,149 | €153 | -€10,997 | -98.6% |
| Profit (loss) for the period | 9904 | €28,735 | -€2,154 | -€30,890 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,735 | -€2,154 | -€30,890 |
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 22 October 2026 via checked.be.