VOLTAGE INC.: 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.
VOLTAGE INC.
Largest movements
- Receivables within one year +€19,571
up €19,571 (+81.4%), from €24,052 to €43,624
of which Trade receivables: +€18,715
- Deferred charges and accrued income -€16,940
no longer reported in 2025 (was €16,940)
- Tangible fixed assets -€567
down €567 (-23.4%), from €2,423 to €1,856
- Profit (loss) carried forward +€11,470
no longer reported in 2025 (was -€11,470)
- Reserves -€10,343
down €10,343 (-62.7%), from €16,500 to €6,157
- Tax, wage and social debts -€5,811
down €5,811 (-23.3%), from €24,896 to €19,085
of which Taxes: -€8,546
- Trade debts +€3,365
new in 2025: €3,365
- Short-term financial debts +€2,880
up €2,880 (+23.8%), from €12,119 to €14,999
- Staff costs -€29,035
down €29,035 (-23.1%), from €125,580 to €96,545
- Gross operating margin -€14,257
down €14,257 (-11.9%), from €119,793 to €105,536
- Taxes +€1,953
up €1,953 (+12,905%), from €15 to €1,968
- Financial charges -€1,485
down €1,485 (-44.9%), from €3,309 to €1,824
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,415 | €45,480 | +€2,065 | +4.8% |
| Fixed assets | 21/28 | €2,423 | €1,856 | -€567 | -23.4% |
| Tangible fixed assets | 22/27 | €2,423 | €1,856 | -€567 | -23.4% |
| Furniture and vehicles | 24 | €2,423 | €1,856 | -€567 | -23.4% |
| Current assets | 29/58 | €40,992 | €43,624 | +€2,631 | +6.4% |
| Amounts receivable within one year | 40/41 | €24,052 | €43,624 | +€19,571 | +81.4% |
| Trade receivables | 40 | €18,975 | €37,689 | +€18,715 | +98.6% |
| Other amounts receivable | 41 | €5,078 | €5,934 | +€857 | +16.9% |
| Deferred charges and accrued income | 490/1 | €16,940 | - | -€16,940 | |
| Total equity and liabilities | 10/49 | €43,415 | €45,480 | +€2,065 | +4.8% |
| Equity | 10/15 | €6,400 | €7,526 | +€1,126 | +17.6% |
| Contributions | 10/11 | €1,370 | €1,370 | = | 0.0% |
| Capital | 10 | €1,370 | - | -€1,370 | |
| Issued capital | 100 | €30,000 | - | -€30,000 | |
| Uncalled capital | 101 | €28,630 | - | -€28,630 | |
| Reserves | 13 | €16,500 | €6,157 | -€10,343 | -62.7% |
| Distributable reserves | 133 | €16,500 | €6,157 | -€10,343 | -62.7% |
| Profit (loss) carried forward | 14 | -€11,470 | - | +€11,470 | |
| Amounts payable | 17/49 | €37,015 | €37,954 | +€938 | +2.5% |
| Amounts payable within one year | 42/48 | €37,015 | €37,954 | +€938 | +2.5% |
| Financial debts | 43 | €12,119 | €14,999 | +€2,880 | +23.8% |
| Credit institutions | 430/8 | €12,119 | €14,999 | +€2,880 | +23.8% |
| Trade debts | 44 | - | €3,365 | +€3,365 | |
| Suppliers | 440/4 | - | €3,365 | +€3,365 | |
| Taxes, remuneration and social security | 45 | €24,896 | €19,085 | -€5,811 | -23.3% |
| Taxes | 450/3 | €12,130 | €3,584 | -€8,546 | -70.5% |
| Remuneration and social security | 454/9 | €12,766 | €15,501 | +€2,735 | +21.4% |
| Other amounts payable | 47/48 | - | €505 | +€505 | |
| Remuneration, social security and pensions | 62 | €125,580 | €96,545 | -€29,035 | -23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €410 | €567 | +€156 | +38.1% |
| Other operating charges | 640/8 | €2,427 | €3,507 | +€1,080 | +44.5% |
| Gross operating margin | 9900 | €119,793 | €105,536 | -€14,257 | -11.9% |
| Operating profit (loss) | 9901 | -€8,625 | €4,917 | +€13,542 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,309 | €1,824 | -€1,485 | -44.9% |
| Recurring financial charges | 65 | €3,309 | €1,824 | -€1,485 | -44.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,934 | €3,094 | +€15,028 | |
| Income taxes | 67/77 | €15 | €1,968 | +€1,953 | +12,905% |
| Profit (loss) for the period | 9904 | -€11,949 | €1,126 | +€13,075 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,949 | €1,126 | +€13,075 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.