Volt Connect: 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 Connect
Largest movements
- Receivables within one year +€84,546
up €84,546 (+413.5%), from €20,446 to €104,992
of which Trade receivables: +€75,172
- Profit (loss) carried forward +€81,132
up €81,132 (+45.7%), from -€177,354 to -€96,222
- Trade debts -€22,966
down €22,966 (-64.0%), from €35,900 to €12,934
- Short-term financial debts +€18,794
up €18,794 (+64.0%), from €29,365 to €48,159
- Tax, wage and social debts +€17,862
new in 2025: €17,862
- Accrued charges and deferred income -€11,400
no longer reported in 2025 (was €11,400)
- Gross operating margin +€257,384
up €257,384, from -€171,508 to €85,875
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,311 | €105,732 | +€83,422 | +373.9% |
| Fixed assets | 21/28 | €1,537 | €740 | -€798 | -51.9% |
| Intangible fixed assets | 21 | €1,537 | €740 | -€798 | -51.9% |
| Current assets | 29/58 | €20,773 | €104,992 | +€84,219 | +405.4% |
| Amounts receivable within one year | 40/41 | €20,446 | €104,992 | +€84,546 | +413.5% |
| Trade receivables | 40 | €19,421 | €94,592 | +€75,172 | +387.1% |
| Other amounts receivable | 41 | €1,026 | €10,400 | +€9,374 | +913.9% |
| Deferred charges and accrued income | 490/1 | €327 | - | -€327 | |
| Total equity and liabilities | 10/49 | €22,311 | €105,732 | +€83,422 | +373.9% |
| Equity | 10/15 | -€174,354 | -€93,222 | +€81,132 | +46.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€177,354 | -€96,222 | +€81,132 | +45.7% |
| Amounts payable | 17/49 | €196,665 | €198,955 | +€2,290 | +1.2% |
| Amounts payable after more than one year | 17 | €120,000 | €120,000 | = | 0.0% |
| Financial debts | 170/4 | €120,000 | €120,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €65,265 | €78,955 | +€13,690 | +21.0% |
| Financial debts | 43 | €29,365 | €48,159 | +€18,794 | +64.0% |
| Credit institutions | 430/8 | €29,365 | €48,159 | +€18,794 | +64.0% |
| Trade debts | 44 | €35,900 | €12,934 | -€22,966 | -64.0% |
| Suppliers | 440/4 | €35,900 | €12,934 | -€22,966 | -64.0% |
| Taxes, remuneration and social security | 45 | - | €17,862 | +€17,862 | |
| Taxes | 450/3 | - | €17,862 | +€17,862 | |
| Accrued charges and deferred income | 492/3 | €11,400 | - | -€11,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,205 | €798 | -€1,408 | -63.8% |
| Other operating charges | 640/8 | €788 | €400 | -€388 | -49.3% |
| Gross operating margin | 9900 | -€171,508 | €85,875 | +€257,384 | |
| Operating profit (loss) | 9901 | -€174,501 | €84,678 | +€259,179 | |
| Financial income | 75/76B | €0 | €3 | +€3 | +27500.0% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +27500.0% |
| Financial charges | 65/66B | €2,853 | €3,549 | +€696 | +24.4% |
| Recurring financial charges | 65 | €2,853 | €3,549 | +€696 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | -€177,354 | €81,132 | +€258,486 | |
| Profit (loss) for the period | 9904 | -€177,354 | €81,132 | +€258,486 | |
| Profit (loss) for the period to be appropriated | 9905 | -€177,354 | €81,132 | +€258,486 |
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.