VOLTAIQUE: 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.
VOLTAIQUE
Largest movements
- Cash +€18,456
up €18,456 (+125%), from €14,770 to €33,226
mainly Current investments (+€9,390) and Net result for the year (+€7,394)
- Current investments -€9,390
down €9,390 (-6.1%), from €154,981 to €145,591
- Receivables within one year -€6,518
down €6,518 (-58.7%), from €11,111 to €4,593
of which Trade receivables: -€4,528
- Tangible fixed assets -€5,682
down €5,682 (-32.8%), from €17,343 to €11,660
- Profit (loss) carried forward +€7,394
up €7,394 (+10.6%), from €69,907 to €77,300
- Tax, wage and social debts -€7,276
down €7,276 (-62.8%), from €11,592 to €4,316
- Turnover -€17,723
down €17,723 (-36.5%), from €48,517 to €30,794
- Purchases and services -€12,785
down €12,785 (-39.2%), from €32,634 to €19,849
- Gross operating margin -€4,938
down €4,938 (-31.1%), from €15,882 to €10,944
- Financial income +€2,126
up €2,126 (+87.1%), from €2,440 to €4,566
- Taxes -€1,372
down €1,372 (-40.9%), from €3,351 to €1,979
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
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 | €198,413 | €195,339 | -€3,074 | -1.5% |
| Fixed assets | 21/28 | €17,343 | €11,660 | -€5,682 | -32.8% |
| Tangible fixed assets | 22/27 | €17,343 | €11,660 | -€5,682 | -32.8% |
| Furniture and vehicles | 24 | €17,343 | €11,660 | -€5,682 | -32.8% |
| Current assets | 29/58 | €181,071 | €183,679 | +€2,608 | +1.4% |
| Amounts receivable within one year | 40/41 | €11,111 | €4,593 | -€6,518 | -58.7% |
| Trade receivables | 40 | €7,697 | €3,169 | -€4,528 | -58.8% |
| Other amounts receivable | 41 | €3,413 | €1,424 | -€1,990 | -58.3% |
| Current investments | 50/53 | €154,981 | €145,591 | -€9,390 | -6.1% |
| Cash at bank and in hand | 54/58 | €14,770 | €33,226 | +€18,456 | +125% |
| Deferred charges and accrued income | 490/1 | €209 | €268 | +€59 | +28.4% |
| Total equity and liabilities | 10/49 | €198,413 | €195,339 | -€3,074 | -1.5% |
| Equity | 10/15 | €180,907 | €188,300 | +€7,394 | +4.1% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Contributions outside capital | 11 | €60,000 | €60,000 | = | 0.0% |
| Other | 1109/19 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €51,000 | €51,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,000 | €6,000 | = | 0.0% |
| Legal reserve | 130 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,907 | €77,300 | +€7,394 | +10.6% |
| Amounts payable | 17/49 | €17,507 | €7,039 | -€10,468 | -59.8% |
| Amounts payable within one year | 42/48 | €17,507 | €7,039 | -€10,468 | -59.8% |
| Trade debts | 44 | €3,915 | €2,223 | -€1,692 | -43.2% |
| Suppliers | 440/4 | €3,915 | €2,223 | -€1,692 | -43.2% |
| Advances received on contracts in progress | 46 | €2,000 | €500 | -€1,500 | -75.0% |
| Taxes, remuneration and social security | 45 | €11,592 | €4,316 | -€7,276 | -62.8% |
| Taxes | 450/3 | €11,592 | €4,316 | -€7,276 | -62.8% |
| Turnover | 70 | €48,517 | €30,794 | -€17,723 | -36.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €32,634 | €19,849 | -€12,785 | -39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,853 | €5,682 | +€830 | +17.1% |
| Other operating charges | 640/8 | €469 | €309 | -€160 | -34.1% |
| Gross operating margin | 9900 | €15,882 | €10,944 | -€4,938 | -31.1% |
| Operating profit (loss) | 9901 | €10,561 | €4,953 | -€5,608 | -53.1% |
| Financial income | 75/76B | €2,440 | €4,566 | +€2,126 | +87.1% |
| Recurring financial income | 75 | €2,440 | €4,566 | +€2,126 | +87.1% |
| Financial charges | 65/66B | €362 | €146 | -€216 | -59.7% |
| Recurring financial charges | 65 | €362 | €146 | -€216 | -59.7% |
| Profit (loss) for the period before taxes | 9903 | €12,639 | €9,373 | -€3,266 | -25.8% |
| Income taxes | 67/77 | €3,351 | €1,979 | -€1,372 | -40.9% |
| Profit (loss) for the period | 9904 | €9,287 | €7,394 | -€1,894 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,287 | €7,394 | -€1,894 | -20.4% |
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 16 October 2026 via checked.be.