VOLT VENTURES: 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 VENTURES
Largest movements
- Financial fixed assets +€283,333
up €283,333 (+415.6%), from €68,167 to €351,500
- Receivables after one year +€69,961
up €69,961 (+232.9%), from €30,039 to €100,000
- Cash -€19,608
down €19,608 (-37.5%), from €52,269 to €32,661
mainly Investment in fixed assets (net) (-€287,507) and Receivables after one year (-€69,961)
- Debts after one year +€165,862
up €165,862 (+229.2%), from €72,361 to €238,222
- Reserves +€145,050
up €145,050 (+2339.5%), from €6,200 to €151,250
of which Distributable reserves: +€145,050
- Current portion of long-term debt +€32,713
new in 2025: €32,713
- Profit (loss) carried forward -€10,372
down €10,372 (-100.0%), from €10,372 to €0
- Financial income +€94,261
up €94,261 (+301.5%), from €31,266 to €125,527
of which Financial income: +€125,488
- Gross operating margin +€19,120
up €19,120 (+51137.8%), from €37 to €19,158
- Financial charges +€7,542
up €7,542 (+813.3%), from €927 to €8,469
- Depreciation +€1,018
new in 2025: €1,018
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 | €151,183 | €490,614 | +€339,431 | +224.5% |
| Fixed assets | 21/28 | €68,167 | €354,657 | +€286,489 | +420.3% |
| Tangible fixed assets | 22/27 | - | €3,156 | +€3,156 | |
| Plant, machinery and equipment | 23 | - | €3,156 | +€3,156 | |
| Financial fixed assets | 28 | €68,167 | €351,500 | +€283,333 | +415.6% |
| Current assets | 29/58 | €83,015 | €135,957 | +€52,942 | +63.8% |
| Amounts receivable after more than one year | 29 | €30,039 | €100,000 | +€69,961 | +232.9% |
| Other amounts receivable | 291 | €30,039 | €100,000 | +€69,961 | +232.9% |
| Amounts receivable within one year | 40/41 | €457 | €2,588 | +€2,131 | +465.9% |
| Other amounts receivable | 41 | €457 | €2,588 | +€2,131 | +465.9% |
| Cash at bank and in hand | 54/58 | €52,269 | €32,661 | -€19,608 | -37.5% |
| Deferred charges and accrued income | 490/1 | €250 | €708 | +€458 | +183.1% |
| Total equity and liabilities | 10/49 | €151,183 | €490,614 | +€339,431 | +224.5% |
| Equity | 10/15 | €78,572 | €213,250 | +€134,679 | +171.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €151,250 | +€145,050 | +2339.5% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | - | €145,050 | +€145,050 | |
| Profit (loss) carried forward | 14 | €10,372 | €0 | -€10,372 | -100.0% |
| Amounts payable | 17/49 | €72,611 | €277,363 | +€204,752 | +282.0% |
| Amounts payable after more than one year | 17 | €72,361 | €238,222 | +€165,862 | +229.2% |
| Financial debts | 170/4 | €72,361 | €238,222 | +€165,862 | +229.2% |
| Amounts payable within one year | 42/48 | €250 | €35,749 | +€35,499 | +14199.5% |
| Current portion of amounts payable after more than one year | 42 | - | €32,713 | +€32,713 | |
| Trade debts | 44 | €250 | €10 | -€240 | -96.1% |
| Suppliers | 440/4 | €250 | €10 | -€240 | -96.1% |
| Taxes, remuneration and social security | 45 | - | €3,026 | +€3,026 | |
| Taxes | 450/3 | - | €3,026 | +€3,026 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €3,392 | +€3,392 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,018 | +€1,018 | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €37 | €19,158 | +€19,120 | +51137.8% |
| Operating profit (loss) | 9901 | -€468 | €17,620 | +€18,088 | |
| Financial income | 75/76B | €31,266 | €125,527 | +€94,261 | +301.5% |
| Recurring financial income | 75 | €39 | €125,527 | +€125,488 | +321187.6% |
| Non-recurring financial income | 76B | €31,227 | €0 | -€31,227 | -100.0% |
| Financial charges | 65/66B | €927 | €8,469 | +€7,542 | +813.3% |
| Recurring financial charges | 65 | €927 | €8,469 | +€7,542 | +813.3% |
| Profit (loss) for the period before taxes | 9903 | €29,870 | €134,679 | +€104,808 | +350.9% |
| Profit (loss) for the period | 9904 | €29,870 | €134,679 | +€104,808 | +350.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,870 | €134,679 | +€104,808 | +350.9% |
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.