Volt Concept: 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.
Volt Concept
Largest movements
- Tangible fixed assets +€130,402
up €130,402 (+286%), from €45,665 to €176,068
of which Land and buildings: +€106,151
- Cash +€44,135
up €44,135 (+41.1%), from €107,435 to €151,570
mainly Net result for the year (+€70,535) and Debts after one year (+€70,260)
- Stocks and contracts +€9,938
up €9,938 (+232%), from €4,282 to €14,220
- Profit (loss) carried forward +€70,535
new in 2025: €70,535
- Debts after one year +€70,260
up €70,260 (+403%), from €17,435 to €87,695
- Trade debts +€41,935
up €41,935 (+56.0%), from €74,864 to €116,798
- Current portion of long-term debt +€13,473
up €13,473 (+280%), from €4,814 to €18,287
- Other debts -€6,393
down €6,393 (-32.9%), from €19,444 to €13,051
- Gross operating margin +€98,107
up €98,107 (+84.4%), from €116,257 to €214,364
- Staff costs +€76,387
up €76,387 (+670%), from €11,401 to €87,788
- Other operating charges +€11,864
up €11,864 (+667%), from €1,779 to €13,643
- Depreciation +€9,420
up €9,420 (+81.9%), from €11,499 to €20,918
- Write-downs -€8,991
down €8,991, from €8,124 to -€868
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 | €247,081 | €434,534 | +€187,453 | +75.9% |
| Fixed assets | 21/28 | €45,665 | €176,068 | +€130,402 | +286% |
| Tangible fixed assets | 22/27 | €45,665 | €176,068 | +€130,402 | +286% |
| Land and buildings | 22 | - | €106,151 | +€106,151 | |
| Plant, machinery and equipment | 23 | €4,698 | €3,705 | -€993 | -21.1% |
| Furniture and vehicles | 24 | €40,967 | €66,212 | +€25,245 | +61.6% |
| Current assets | 29/58 | €201,416 | €258,466 | +€57,050 | +28.3% |
| Stocks and contracts in progress | 3 | €4,282 | €14,220 | +€9,938 | +232% |
| Stocks | 30/36 | €4,282 | €14,220 | +€9,938 | +232% |
| Amounts receivable within one year | 40/41 | €88,921 | €91,812 | +€2,891 | +3.3% |
| Trade receivables | 40 | €65,259 | €58,653 | -€6,606 | -10.1% |
| Other amounts receivable | 41 | €23,662 | €33,159 | +€9,497 | +40.1% |
| Cash at bank and in hand | 54/58 | €107,435 | €151,570 | +€44,135 | +41.1% |
| Deferred charges and accrued income | 490/1 | €778 | €864 | +€86 | +11.1% |
| Total equity and liabilities | 10/49 | €247,081 | €434,534 | +€187,453 | +75.9% |
| Equity | 10/15 | €102,460 | €172,995 | +€70,535 | +68.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €97,460 | €97,460 | = | 0.0% |
| Distributable reserves | 133 | €97,460 | €97,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €70,535 | +€70,535 | |
| Amounts payable | 17/49 | €144,622 | €261,539 | +€116,918 | +80.8% |
| Amounts payable after more than one year | 17 | €17,435 | €87,695 | +€70,260 | +403% |
| Other amounts payable | 178/9 | €17,435 | €87,695 | +€70,260 | +403% |
| Amounts payable within one year | 42/48 | €127,187 | €173,845 | +€46,658 | +36.7% |
| Current portion of amounts payable after more than one year | 42 | €4,814 | €18,287 | +€13,473 | +280% |
| Trade debts | 44 | €74,864 | €116,798 | +€41,935 | +56.0% |
| Suppliers | 440/4 | €74,864 | €116,798 | +€41,935 | +56.0% |
| Taxes, remuneration and social security | 45 | €28,065 | €25,708 | -€2,356 | -8.4% |
| Taxes | 450/3 | €24,115 | €20,917 | -€3,198 | -13.3% |
| Remuneration and social security | 454/9 | €3,950 | €4,791 | +€841 | +21.3% |
| Other amounts payable | 47/48 | €19,444 | €13,051 | -€6,393 | -32.9% |
| Non-recurring operating income | 76A | €2,111 | - | -€2,111 | |
| Remuneration, social security and pensions | 62 | €11,401 | €87,788 | +€76,387 | +670% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,499 | €20,918 | +€9,420 | +81.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,124 | -€868 | -€8,991 | |
| Other operating charges | 640/8 | €1,779 | €13,643 | +€11,864 | +667% |
| Gross operating margin | 9900 | €116,257 | €214,364 | +€98,107 | +84.4% |
| Operating profit (loss) | 9901 | €83,455 | €92,883 | +€9,428 | +11.3% |
| Financial income | 75/76B | €90 | €1,535 | +€1,445 | +1,609% |
| Recurring financial income | 75 | €90 | €1,535 | +€1,445 | +1,609% |
| Financial charges | 65/66B | €452 | €3,257 | +€2,805 | +621% |
| Recurring financial charges | 65 | €452 | €3,257 | +€2,805 | +621% |
| Profit (loss) for the period before taxes | 9903 | €83,093 | €91,161 | +€8,068 | +9.7% |
| Income taxes | 67/77 | €24,115 | €20,626 | -€3,489 | -14.5% |
| Profit (loss) for the period | 9904 | €58,978 | €70,535 | +€11,557 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €58,978 | €70,535 | +€11,557 | +19.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.