Volt Finance & Engineering: 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.
Volt Finance & Engineering
Largest movements
- Current investments +€126,671
new in 2025: €126,671
- Cash -€25,588
down €25,588 (-44.4%), from €57,691 to €32,103
mainly Current investments (-€126,671) and Receivables within one year (-€16,546)
- Receivables within one year +€16,546
up €16,546 (+3624.5%), from €457 to €17,003
of which Trade receivables: +€16,543
- Tangible fixed assets -€15,305
down €15,305 (-23.9%), from €64,082 to €48,777
of which Furniture and vehicles: -€14,438
- Reserves +€98,027
up €98,027 (+127.2%), from €77,067 to €175,094
- Tax, wage and social debts +€8,707
up €8,707 (+25.6%), from €34,023 to €42,730
- Other debts -€4,377
down €4,377 (-41.9%), from €10,456 to €6,080
- Gross operating margin +€31,700
up €31,700 (+28.0%), from €113,378 to €145,078
- Taxes +€7,875
up €7,875 (+37.3%), from €21,108 to €28,983
- Depreciation +€3,468
up €3,468 (+29.3%), from €11,837 to €15,305
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 | €122,546 | €226,095 | +€103,548 | +84.5% |
| Fixed assets | 21/28 | €64,082 | €48,777 | -€15,305 | -23.9% |
| Tangible fixed assets | 22/27 | €64,082 | €48,777 | -€15,305 | -23.9% |
| Plant, machinery and equipment | 23 | €1,520 | €1,185 | -€335 | -22.0% |
| Furniture and vehicles | 24 | €59,211 | €44,773 | -€14,438 | -24.4% |
| Other tangible fixed assets | 26 | €3,351 | €2,819 | -€532 | -15.9% |
| Current assets | 29/58 | €58,464 | €177,318 | +€118,853 | +203.3% |
| Amounts receivable within one year | 40/41 | €457 | €17,003 | +€16,546 | +3624.5% |
| Trade receivables | 40 | €457 | €17,000 | +€16,543 | +3623.9% |
| Other amounts receivable | 41 | - | €3 | +€3 | |
| Current investments | 50/53 | - | €126,671 | +€126,671 | |
| Cash at bank and in hand | 54/58 | €57,691 | €32,103 | -€25,588 | -44.4% |
| Deferred charges and accrued income | 490/1 | €317 | €1,541 | +€1,225 | +386.7% |
| Total equity and liabilities | 10/49 | €122,546 | €226,095 | +€103,548 | +84.5% |
| Equity | 10/15 | €78,067 | €176,094 | +€98,027 | +125.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €77,067 | €175,094 | +€98,027 | +127.2% |
| Distributable reserves | 133 | €77,067 | €175,094 | +€98,027 | +127.2% |
| Amounts payable | 17/49 | €44,479 | €50,000 | +€5,521 | +12.4% |
| Amounts payable within one year | 42/48 | €44,479 | €49,216 | +€4,737 | +10.6% |
| Trade debts | 44 | - | €407 | +€407 | |
| Suppliers | 440/4 | - | €407 | +€407 | |
| Taxes, remuneration and social security | 45 | €34,023 | €42,730 | +€8,707 | +25.6% |
| Taxes | 450/3 | €34,023 | €42,730 | +€8,707 | +25.6% |
| Other amounts payable | 47/48 | €10,456 | €6,080 | -€4,377 | -41.9% |
| Accrued charges and deferred income | 492/3 | - | €785 | +€785 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,837 | €15,305 | +€3,468 | +29.3% |
| Other operating charges | 640/8 | €948 | €1,313 | +€365 | +38.5% |
| Gross operating margin | 9900 | €113,378 | €145,078 | +€31,700 | +28.0% |
| Operating profit (loss) | 9901 | €100,593 | €128,460 | +€27,867 | +27.7% |
| Financial income | 75/76B | €40 | €879 | +€840 | +2113.6% |
| Recurring financial income | 75 | €40 | €879 | +€840 | +2113.6% |
| Financial charges | 65/66B | €739 | €663 | -€76 | -10.3% |
| Recurring financial charges | 65 | €739 | €663 | -€76 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €99,893 | €128,676 | +€28,783 | +28.8% |
| Income taxes | 67/77 | €21,108 | €28,983 | +€7,875 | +37.3% |
| Profit (loss) for the period | 9904 | €78,785 | €99,693 | +€20,908 | +26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €78,785 | €99,693 | +€20,908 | +26.5% |
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 6 October 2026 via checked.be.