VOLTABIKE: 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.
VOLTABIKE
Largest movements
- Stocks and contracts -€72,351
no longer reported in 2025 (was €72,351)
- Cash -€44,754
down €44,754 (-40.3%), from €111,042 to €66,288
mainly Other debts (-€250,962) and Debts after one year (-€15,000)
- Tangible fixed assets -€16,664
down €16,664 (-4.7%), from €354,684 to €338,021
of which Land and buildings: -€13,320
- Receivables within one year -€6,022
down €6,022 (-54.8%), from €10,988 to €4,967
of which Trade receivables: -€4,804
- Other debts -€250,962
down €250,962 (-83.2%), from €301,707 to €50,745
- Profit (loss) carried forward +€117,241
up €117,241 (+2586.3%), from €4,533 to €121,774
- Debts after one year -€15,000
down €15,000 (-15.4%), from €97,500 to €82,500
- Gross operating margin +€158,258
up €158,258 (+514.1%), from €30,785 to €189,043
- Taxes +€40,350
up €40,350 (+3624.9%), from €1,113 to €41,464
- Financial income -€2,452
down €2,452 (-44.9%), from €5,457 to €3,005
- Financial charges -€2,355
down €2,355 (-36.0%), from €6,533 to €4,178
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 | €551,731 | €410,373 | -€141,358 | -25.6% |
| Fixed assets | 21/28 | €354,736 | €338,073 | -€16,664 | -4.7% |
| Tangible fixed assets | 22/27 | €354,684 | €338,021 | -€16,664 | -4.7% |
| Land and buildings | 22 | €347,805 | €334,485 | -€13,320 | -3.8% |
| Plant, machinery and equipment | 23 | - | €2,645 | +€2,645 | |
| Furniture and vehicles | 24 | €6,880 | €891 | -€5,989 | -87.1% |
| Financial fixed assets | 28 | €52 | €52 | = | 0.0% |
| Current assets | 29/58 | €196,994 | €72,300 | -€124,694 | -63.3% |
| Stocks and contracts in progress | 3 | €72,351 | - | -€72,351 | |
| Stocks | 30/36 | €72,351 | - | -€72,351 | |
| Amounts receivable within one year | 40/41 | €10,988 | €4,967 | -€6,022 | -54.8% |
| Trade receivables | 40 | €5,000 | €196 | -€4,804 | -96.1% |
| Other amounts receivable | 41 | €5,988 | €4,770 | -€1,218 | -20.3% |
| Cash at bank and in hand | 54/58 | €111,042 | €66,288 | -€44,754 | -40.3% |
| Deferred charges and accrued income | 490/1 | €2,613 | €1,045 | -€1,567 | -60.0% |
| Total equity and liabilities | 10/49 | €551,731 | €410,373 | -€141,358 | -25.6% |
| Equity | 10/15 | €133,922 | €255,696 | +€121,774 | +90.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €109,389 | €113,922 | +€4,533 | +4.1% |
| Distributable reserves | 133 | €109,389 | €113,922 | +€4,533 | +4.1% |
| Profit (loss) carried forward | 14 | €4,533 | €121,774 | +€117,241 | +2586.3% |
| Amounts payable | 17/49 | €417,808 | €154,677 | -€263,132 | -63.0% |
| Amounts payable after more than one year | 17 | €97,500 | €82,500 | -€15,000 | -15.4% |
| Financial debts | 170/4 | €97,500 | €82,500 | -€15,000 | -15.4% |
| Amounts payable within one year | 42/48 | €320,308 | €72,177 | -€248,132 | -77.5% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €15,000 | = | 0.0% |
| Trade debts | 44 | €1,348 | €2,934 | +€1,586 | +117.7% |
| Suppliers | 440/4 | €1,348 | €2,934 | +€1,586 | +117.7% |
| Taxes, remuneration and social security | 45 | €2,254 | €3,498 | +€1,245 | +55.2% |
| Taxes | 450/3 | €2,254 | €3,498 | +€1,245 | +55.2% |
| Other amounts payable | 47/48 | €301,707 | €50,745 | -€250,962 | -83.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,705 | €20,918 | +€213 | +1.0% |
| Other operating charges | 640/8 | €3,358 | €3,714 | +€356 | +10.6% |
| Gross operating margin | 9900 | €30,785 | €189,043 | +€158,258 | +514.1% |
| Operating profit (loss) | 9901 | €6,723 | €164,411 | +€157,688 | +2345.5% |
| Financial income | 75/76B | €5,457 | €3,005 | -€2,452 | -44.9% |
| Recurring financial income | 75 | €5,457 | €3,005 | -€2,452 | -44.9% |
| Financial charges | 65/66B | €6,533 | €4,178 | -€2,355 | -36.0% |
| Recurring financial charges | 65 | €6,533 | €4,178 | -€2,355 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €5,646 | €163,238 | +€157,591 | +2791.1% |
| Income taxes | 67/77 | €1,113 | €41,464 | +€40,350 | +3624.9% |
| Profit (loss) for the period | 9904 | €4,533 | €121,774 | +€117,241 | +2586.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,533 | €121,774 | +€117,241 | +2586.3% |
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 10 October 2026 via checked.be.