VOLTANOMICI: 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.
VOLTANOMICI
Largest movements
- Cash -€54,057
down €54,057 (-15.2%), from €356,164 to €302,107
mainly Contributions, distributions and other (-€75,000) and Other debts (-€70,777)
- Tangible fixed assets -€12,376
down €12,376 (-78.5%), from €15,773 to €3,397
of which Furniture and vehicles: -€11,748
- Other debts -€70,777
down €70,777 (-26.7%), from €264,799 to €194,022
- Reserves +€10,374
up €10,374 (+10.7%), from €97,080 to €107,454
- Tax, wage and social debts -€7,354
down €7,354 (-21.5%), from €34,280 to €26,926
- Gross operating margin +€15,680
up €15,680 (+14.0%), from €111,866 to €127,546
- Taxes +€4,361
up €4,361 (+23.0%), from €18,983 to €23,345
- Financial charges -€3,252
down €3,252 (-28.3%), from €11,496 to €8,244
of which Financial charges: -€3,252
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 | €415,434 | €347,002 | -€68,432 | -16.5% |
| Fixed assets | 21/28 | €15,773 | €3,397 | -€12,376 | -78.5% |
| Tangible fixed assets | 22/27 | €15,773 | €3,397 | -€12,376 | -78.5% |
| Plant, machinery and equipment | 23 | €1,676 | €1,048 | -€628 | -37.5% |
| Furniture and vehicles | 24 | €14,097 | €2,350 | -€11,748 | -83.3% |
| Current assets | 29/58 | €399,661 | €343,605 | -€56,056 | -14.0% |
| Amounts receivable within one year | 40/41 | €43,259 | €41,248 | -€2,011 | -4.6% |
| Trade receivables | 40 | €37,964 | €37,661 | -€303 | -0.8% |
| Other amounts receivable | 41 | €5,295 | €3,587 | -€1,709 | -32.3% |
| Cash at bank and in hand | 54/58 | €356,164 | €302,107 | -€54,057 | -15.2% |
| Deferred charges and accrued income | 490/1 | €238 | €249 | +€12 | +4.8% |
| Total equity and liabilities | 10/49 | €415,434 | €347,002 | -€68,432 | -16.5% |
| Equity | 10/15 | €115,680 | €126,054 | +€10,374 | +9.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €97,080 | €107,454 | +€10,374 | +10.7% |
| Distributable reserves | 133 | €97,080 | €107,454 | +€10,374 | +10.7% |
| Amounts payable | 17/49 | €299,754 | €220,948 | -€78,806 | -26.3% |
| Amounts payable within one year | 42/48 | €299,754 | €220,948 | -€78,806 | -26.3% |
| Trade debts | 44 | €675 | - | -€675 | |
| Suppliers | 440/4 | €675 | - | -€675 | |
| Taxes, remuneration and social security | 45 | €34,280 | €26,926 | -€7,354 | -21.5% |
| Taxes | 450/3 | €34,280 | €26,926 | -€7,354 | -21.5% |
| Other amounts payable | 47/48 | €264,799 | €194,022 | -€70,777 | -26.7% |
| Non-recurring operating income | 76A | €0 | €0 | +€0 | +975.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,376 | €12,376 | = | 0.0% |
| Other operating charges | 640/8 | €171 | €209 | +€38 | +22.1% |
| Gross operating margin | 9900 | €111,866 | €127,546 | +€15,680 | +14.0% |
| Operating profit (loss) | 9901 | €99,319 | €114,962 | +€15,642 | +15.7% |
| Financial income | 75/76B | €2,944 | €2,001 | -€943 | -32.0% |
| Recurring financial income | 75 | €2,944 | €2,001 | -€943 | -32.0% |
| Financial charges | 65/66B | €11,496 | €8,244 | -€3,252 | -28.3% |
| Recurring financial charges | 65 | €11,496 | €8,244 | -€3,252 | -28.3% |
| Non-recurring financial charges | 66B | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | €90,768 | €108,719 | +€17,951 | +19.8% |
| Income taxes | 67/77 | €18,983 | €23,345 | +€4,361 | +23.0% |
| Profit (loss) for the period | 9904 | €71,784 | €85,374 | +€13,590 | +18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €71,784 | €85,374 | +€13,590 | +18.9% |
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.