VOLMAZ: 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.
VOLMAZ
Largest movements
- Tangible fixed assets +€22,470
up €22,470 (+229.2%), from €9,803 to €32,273
of which Furniture and vehicles: +€20,020
- Cash +€20,615
up €20,615 (+166.7%), from €12,367 to €32,983
mainly Net result for the year (+€38,844) and Tax, wage and social debts (+€13,269)
- Receivables within one year +€2,638
up €2,638 (+13.6%), from €19,377 to €22,015
- Profit (loss) carried forward +€38,844
up €38,844 (+168.2%), from €23,088 to €61,932
- Tax, wage and social debts +€13,269
up €13,269 (+229.9%), from €5,772 to €19,041
- Debts after one year -€4,519
down €4,519 (-69.8%), from €6,472 to €1,953
- Trade debts -€1,138
down €1,138 (-51.4%), from €2,215 to €1,077
- Gross operating margin +€19,171
up €19,171 (+59.3%), from €32,323 to €51,495
- Taxes +€3,939
up €3,939 (+68.2%), from €5,772 to €9,711
- Staff costs -€2,264
no longer reported in 2025 (was €2,264)
- Depreciation +€1,939
up €1,939 (+278.2%), from €697 to €2,636
- Financial income +€560
up €560 (+374.2%), from €150 to €710
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 | €41,547 | €88,003 | +€46,456 | +111.8% |
| Fixed assets | 21/28 | €9,803 | €32,273 | +€22,470 | +229.2% |
| Tangible fixed assets | 22/27 | €9,803 | €32,273 | +€22,470 | +229.2% |
| Plant, machinery and equipment | 23 | €9,803 | €12,253 | +€2,450 | +25.0% |
| Furniture and vehicles | 24 | - | €20,020 | +€20,020 | |
| Current assets | 29/58 | €31,744 | €55,731 | +€23,986 | +75.6% |
| Amounts receivable within one year | 40/41 | €19,377 | €22,015 | +€2,638 | +13.6% |
| Other amounts receivable | 41 | €19,377 | €22,015 | +€2,638 | +13.6% |
| Cash at bank and in hand | 54/58 | €12,367 | €32,983 | +€20,615 | +166.7% |
| Deferred charges and accrued income | 490/1 | - | €733 | +€733 | |
| Total equity and liabilities | 10/49 | €41,547 | €88,003 | +€46,456 | +111.8% |
| Equity | 10/15 | €27,088 | €65,932 | +€38,844 | +143.4% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,088 | €61,932 | +€38,844 | +168.2% |
| Amounts payable | 17/49 | €14,459 | €22,071 | +€7,612 | +52.6% |
| Amounts payable after more than one year | 17 | €6,472 | €1,953 | -€4,519 | -69.8% |
| Financial debts | 170/4 | €6,472 | €1,953 | -€4,519 | -69.8% |
| Amounts payable within one year | 42/48 | €7,987 | €20,118 | +€12,131 | +151.9% |
| Trade debts | 44 | €2,215 | €1,077 | -€1,138 | -51.4% |
| Suppliers | 440/4 | €2,215 | €1,077 | -€1,138 | -51.4% |
| Taxes, remuneration and social security | 45 | €5,772 | €19,041 | +€13,269 | +229.9% |
| Taxes | 450/3 | €5,772 | €19,041 | +€13,269 | +229.9% |
| Remuneration, social security and pensions | 62 | €2,264 | - | -€2,264 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €697 | €2,636 | +€1,939 | +278.2% |
| Other operating charges | 640/8 | €122 | €657 | +€535 | +437.8% |
| Gross operating margin | 9900 | €32,323 | €51,495 | +€19,171 | +59.3% |
| Operating profit (loss) | 9901 | €29,240 | €48,202 | +€18,961 | +64.8% |
| Financial income | 75/76B | €150 | €710 | +€560 | +374.2% |
| Recurring financial income | 75 | €150 | €710 | +€560 | +374.2% |
| Financial charges | 65/66B | €529 | €356 | -€174 | -32.8% |
| Recurring financial charges | 65 | €529 | €356 | -€174 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €28,860 | €48,555 | +€19,695 | +68.2% |
| Income taxes | 67/77 | €5,772 | €9,711 | +€3,939 | +68.2% |
| Profit (loss) for the period | 9904 | €23,088 | €38,844 | +€15,756 | +68.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,088 | €38,844 | +€15,756 | +68.2% |
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 10 October 2026 via checked.be.