Volt Energy Management: 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 Management
Largest movements
- Tangible fixed assets +€31,016
up €31,016 (+27.2%), from €114,118 to €145,134
of which Leasing and similar rights: +€15,639
- Receivables within one year -€22,724
down €22,724 (-49.8%), from €45,637 to €22,913
- Debts after one year +€16,037
up €16,037 (+26.8%), from €59,877 to €75,913
- Other debts -€11,453
down €11,453 (-19.9%), from €57,485 to €46,032
- Gross operating margin +€7,404
up €7,404 (+252%), from €2,943 to €10,347
- Depreciation +€5,221
new in 2026: €5,221
- Financial charges +€813
up €813 (+30.9%), from €2,630 to €3,443
- Financial income +€569
up €569 (+13,052%), from €4 to €573
- Other operating charges +€189
up €189 (+26.3%), from €721 to €911
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €169,746 | €178,737 | +€8,991 | +5.3% |
| Fixed assets | 21/28 | €114,118 | €145,134 | +€31,016 | +27.2% |
| Tangible fixed assets | 22/27 | €114,118 | €145,134 | +€31,016 | +27.2% |
| Land and buildings | 22 | €93,520 | €93,520 | = | 0.0% |
| Furniture and vehicles | 24 | - | €15,377 | +€15,377 | |
| Leasing and similar rights | 25 | €20,599 | €36,237 | +€15,639 | +75.9% |
| Current assets | 29/58 | €55,628 | €33,603 | -€22,025 | -39.6% |
| Amounts receivable within one year | 40/41 | €45,637 | €22,913 | -€22,724 | -49.8% |
| Trade receivables | 40 | €45,637 | €22,913 | -€22,724 | -49.8% |
| Cash at bank and in hand | 54/58 | €9,401 | €9,894 | +€493 | +5.2% |
| Deferred charges and accrued income | 490/1 | €591 | €796 | +€206 | +34.9% |
| Total equity and liabilities | 10/49 | €169,746 | €178,737 | +€8,991 | +5.3% |
| Equity | 10/15 | €30,667 | €32,012 | +€1,345 | +4.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €29,667 | €31,012 | +€1,345 | +4.5% |
| Distributable reserves | 133 | €29,667 | €31,012 | +€1,345 | +4.5% |
| Amounts payable | 17/49 | €139,079 | €146,725 | +€7,646 | +5.5% |
| Amounts payable after more than one year | 17 | €59,877 | €75,913 | +€16,037 | +26.8% |
| Financial debts | 170/4 | €59,877 | €75,913 | +€16,037 | +26.8% |
| Amounts payable within one year | 42/48 | €78,693 | €69,791 | -€8,901 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €13,627 | €14,808 | +€1,181 | +8.7% |
| Trade debts | 44 | €6,021 | €6,997 | +€975 | +16.2% |
| Suppliers | 440/4 | €6,021 | €6,997 | +€975 | +16.2% |
| Taxes, remuneration and social security | 45 | €1,559 | €1,954 | +€396 | +25.4% |
| Taxes | 450/3 | €1,559 | €1,954 | +€396 | +25.4% |
| Other amounts payable | 47/48 | €57,485 | €46,032 | -€11,453 | -19.9% |
| Accrued charges and deferred income | 492/3 | €510 | €1,020 | +€510 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,221 | +€5,221 | |
| Other operating charges | 640/8 | €721 | €911 | +€189 | +26.3% |
| Gross operating margin | 9900 | €2,943 | €10,347 | +€7,404 | +252% |
| Operating profit (loss) | 9901 | €2,221 | €4,215 | +€1,993 | +89.7% |
| Financial income | 75/76B | €4 | €573 | +€569 | +13,052% |
| Recurring financial income | 75 | €4 | €573 | +€569 | +13,052% |
| Financial charges | 65/66B | €2,630 | €3,443 | +€813 | +30.9% |
| Recurring financial charges | 65 | €2,630 | €3,443 | +€813 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | -€405 | €1,345 | +€1,750 | |
| Income taxes | 67/77 | €90 | - | -€90 | |
| Profit (loss) for the period | 9904 | -€495 | €1,345 | +€1,840 | |
| Profit (loss) for the period to be appropriated | 9905 | -€495 | €1,345 | +€1,840 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.