VoLogic: 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.
VoLogic
Largest movements
- Current investments -€47,999
no longer reported in 2025 (was €47,999)
- Cash +€34,831
up €34,831 (+261.4%), from €13,325 to €48,156
mainly Current investments (+€47,999) and Net result for the year (+€1,779)
- Receivables within one year +€12,608
up €12,608 (+168.1%), from €7,499 to €20,107
- Other debts -€2,716
down €2,716 (-11.1%), from €24,425 to €21,709
- Reserves +€1,779
up €1,779 (+4.5%), from €39,118 to €40,897
- Tax, wage and social debts -€977
down €977 (-49.7%), from €1,967 to €990
- Gross operating margin +€24,189
up €24,189, from -€10,975 to €13,214
- Other operating charges +€10,806
up €10,806 (+3044.4%), from €355 to €11,161
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 | €70,576 | €69,211 | -€1,365 | -1.9% |
| Fixed assets | 21/28 | €220 | €0 | -€220 | -100.0% |
| Tangible fixed assets | 22/27 | €220 | €0 | -€220 | -100.0% |
| Plant, machinery and equipment | 23 | €220 | €0 | -€220 | -100.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €70,356 | €69,211 | -€1,145 | -1.6% |
| Amounts receivable after more than one year | 29 | €53 | - | -€53 | |
| Trade receivables | 290 | €53 | - | -€53 | |
| Amounts receivable within one year | 40/41 | €7,499 | €20,107 | +€12,608 | +168.1% |
| Trade receivables | 40 | €7,499 | €20,107 | +€12,608 | +168.1% |
| Current investments | 50/53 | €47,999 | - | -€47,999 | |
| Cash at bank and in hand | 54/58 | €13,325 | €48,156 | +€34,831 | +261.4% |
| Deferred charges and accrued income | 490/1 | €1,479 | €948 | -€531 | -35.9% |
| Total equity and liabilities | 10/49 | €70,576 | €69,211 | -€1,365 | -1.9% |
| Equity | 10/15 | €44,118 | €45,897 | +€1,779 | +4.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €39,118 | €40,897 | +€1,779 | +4.5% |
| Distributable reserves | 133 | €39,118 | €40,897 | +€1,779 | +4.5% |
| Amounts payable | 17/49 | €26,458 | €23,314 | -€3,144 | -11.9% |
| Amounts payable within one year | 42/48 | €26,392 | €23,247 | -€3,145 | -11.9% |
| Trade debts | 44 | €0 | €548 | +€548 | |
| Suppliers | 440/4 | €0 | €548 | +€548 | |
| Taxes, remuneration and social security | 45 | €1,967 | €990 | -€977 | -49.7% |
| Taxes | 450/3 | €1,967 | €990 | -€977 | -49.7% |
| Other amounts payable | 47/48 | €24,425 | €21,709 | -€2,716 | -11.1% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Non-recurring operating income | 76A | €3,475 | €2,966 | -€509 | -14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €275 | €220 | -€55 | -20.0% |
| Other operating charges | 640/8 | €355 | €11,161 | +€10,806 | +3044.4% |
| Gross operating margin | 9900 | -€10,975 | €13,214 | +€24,189 | |
| Operating profit (loss) | 9901 | -€11,605 | €1,833 | +€13,439 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €54 | €54 | -€0 | -0.5% |
| Recurring financial charges | 65 | €54 | €54 | -€0 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,660 | €1,779 | +€13,439 | |
| Profit (loss) for the period | 9904 | -€11,660 | €1,779 | +€13,439 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,660 | €1,779 | +€13,439 |
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 5 October 2026 via checked.be.