VOLTA VENTURES II: 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.
VOLTA VENTURES II
Largest movements
- Financial fixed assets +€4.1m
up €4.1m (+19.6%), from €20.8m to €24.9m
- Cash +€533,220
up €533,220 (+19.5%), from €2.7m to €3.3m
mainly Contributions, distributions and other (+€7.0m) and Other debts (+€1.0m)
- Contributions +€7.0m
up €7.0m (+21.7%), from €32.2m to €39.2m
- Profit (loss) carried forward -€3.1m
down €3.1m (-36.2%), from -€8.7m to -€11.8m
- Other debts +€1.0m
new in 2024: €1.0m
- Financial charges -€890,439
down €890,439 (-28.7%), from €3.1m to €2.2m
of which Non-recurring financial charges: -€890,566
- Financial income +€474,993
up €474,993 (+560%), from €84,894 to €559,887
of which Non-recurring financial income: +€539,346
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,568,177 | €28,460,862 | +€4.9m | +20.8% |
| Fixed assets | 21/28 | €20,825,113 | €24,914,333 | +€4.1m | +19.6% |
| Financial fixed assets | 28 | €20,825,113 | €24,914,333 | +€4.1m | +19.6% |
| Current assets | 29/58 | €2,743,064 | €3,546,529 | +€803,465 | +29.3% |
| Amounts receivable within one year | 40/41 | €4,459 | €282,356 | +€277,897 | +6,232% |
| Other amounts receivable | 41 | €4,459 | €282,356 | +€277,897 | +6,232% |
| Cash at bank and in hand | 54/58 | €2,730,953 | €3,264,173 | +€533,220 | +19.5% |
| Deferred charges and accrued income | 490/1 | €7,652 | - | -€7,652 | |
| Total equity and liabilities | 10/49 | €23,568,177 | €28,460,862 | +€4.9m | +20.8% |
| Equity | 10/15 | €23,563,228 | €27,435,716 | +€3.9m | +16.4% |
| Contributions | 10/11 | €32,218,871 | €39,222,973 | +€7.0m | +21.7% |
| Profit (loss) carried forward | 14 | -€8,655,643 | -€11,787,257 | -€3.1m | -36.2% |
| Amounts payable | 17/49 | €4,949 | €1,025,146 | +€1.0m | +20,614% |
| Amounts payable within one year | 42/48 | €4,949 | €1,025,146 | +€1.0m | +20,614% |
| Trade debts | 44 | €4,949 | - | -€4,949 | |
| Suppliers | 440/4 | €4,949 | - | -€4,949 | |
| Other amounts payable | 47/48 | - | €1,025,146 | +€1.0m | |
| Other operating charges | 640/8 | €132 | €140 | +€8 | +6.1% |
| Gross operating margin | 9900 | -€1,486,214 | -€1,482,105 | +€4,109 | +0.3% |
| Operating profit (loss) | 9901 | -€1,486,346 | -€1,482,245 | +€4,101 | +0.3% |
| Financial income | 75/76B | €84,894 | €559,887 | +€474,993 | +560% |
| Recurring financial income | 75 | €84,894 | €20,541 | -€64,353 | -75.8% |
| Non-recurring financial income | 76B | - | €539,346 | +€539,346 | |
| Financial charges | 65/66B | €3,099,696 | €2,209,257 | -€890,439 | -28.7% |
| Recurring financial charges | 65 | €691 | €818 | +€127 | +18.4% |
| Non-recurring financial charges | 66B | €3,099,005 | €2,208,439 | -€890,566 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,501,148 | -€3,131,615 | +€1.4m | +30.4% |
| Profit (loss) for the period | 9904 | -€4,501,148 | -€3,131,615 | +€1.4m | +30.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,501,148 | -€3,131,615 | +€1.4m | +30.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.