VOLT ENERGY: 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 ENERGY
Largest movements
- Receivables within one year -€17,667
down €17,667 (-21.4%), from €82,715 to €65,049
of which Other amounts receivable: -€25,091
- Tangible fixed assets +€15,247
up €15,247 (+57.3%), from €26,625 to €41,872
- Trade debts -€46,998
down €46,998 (-87.1%), from €53,953 to €6,955
- Reserves +€28,154
up €28,154 (+76.0%), from €37,058 to €65,212
- Other debts +€7,965
new in 2025: €7,965
- Tax, wage and social debts +€7,889
up €7,889 (+83.0%), from €9,499 to €17,388
- Gross operating margin -€8,997
down €8,997 (-15.3%), from €58,914 to €49,917
- Taxes -€1,610
down €1,610 (-17.0%), from €9,499 to €7,889
- Depreciation +€1,120
up €1,120 (+9.6%), from €11,633 to €12,753
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 | €110,510 | €107,519 | -€2,991 | -2.7% |
| Fixed assets | 21/28 | €26,625 | €41,872 | +€15,247 | +57.3% |
| Tangible fixed assets | 22/27 | €26,625 | €41,872 | +€15,247 | +57.3% |
| Furniture and vehicles | 24 | €26,625 | €41,872 | +€15,247 | +57.3% |
| Current assets | 29/58 | €83,885 | €65,647 | -€18,238 | -21.7% |
| Amounts receivable within one year | 40/41 | €82,715 | €65,049 | -€17,667 | -21.4% |
| Trade receivables | 40 | €55,675 | €63,100 | +€7,425 | +13.3% |
| Other amounts receivable | 41 | €27,040 | €1,949 | -€25,091 | -92.8% |
| Cash at bank and in hand | 54/58 | €676 | €30 | -€647 | -95.6% |
| Deferred charges and accrued income | 490/1 | €493 | €568 | +€75 | +15.3% |
| Total equity and liabilities | 10/49 | €110,510 | €107,519 | -€2,991 | -2.7% |
| Equity | 10/15 | €47,058 | €75,212 | +€28,154 | +59.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €37,058 | €65,212 | +€28,154 | +76.0% |
| Distributable reserves | 133 | €37,058 | €65,212 | +€28,154 | +76.0% |
| Amounts payable | 17/49 | €63,452 | €32,307 | -€31,145 | -49.1% |
| Amounts payable within one year | 42/48 | €63,452 | €32,307 | -€31,145 | -49.1% |
| Trade debts | 44 | €53,953 | €6,955 | -€46,998 | -87.1% |
| Suppliers | 440/4 | €53,953 | €6,955 | -€46,998 | -87.1% |
| Taxes, remuneration and social security | 45 | €9,499 | €17,388 | +€7,889 | +83.0% |
| Taxes | 450/3 | €9,499 | €17,388 | +€7,889 | +83.0% |
| Other amounts payable | 47/48 | - | €7,965 | +€7,965 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,633 | €12,753 | +€1,120 | +9.6% |
| Other operating charges | 640/8 | €406 | €392 | -€14 | -3.5% |
| Gross operating margin | 9900 | €58,914 | €49,917 | -€8,997 | -15.3% |
| Operating profit (loss) | 9901 | €46,875 | €36,773 | -€10,102 | -21.6% |
| Financial income | 75/76B | - | €118 | +€118 | |
| Recurring financial income | 75 | - | €118 | +€118 | |
| Financial charges | 65/66B | €319 | €849 | +€530 | +166.4% |
| Recurring financial charges | 65 | €319 | €849 | +€530 | +166.4% |
| Profit (loss) for the period before taxes | 9903 | €46,557 | €36,043 | -€10,514 | -22.6% |
| Income taxes | 67/77 | €9,499 | €7,889 | -€1,610 | -17.0% |
| Profit (loss) for the period | 9904 | €37,058 | €28,154 | -€8,904 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,058 | €28,154 | -€8,904 | -24.0% |
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 12 October 2026 via checked.be.