VOLTAS: 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.
VOLTAS
Largest movements
- Receivables within one year +€5,765
up €5,765 (+92.8%), from €6,210 to €11,975
of which Other amounts receivable: +€5,833
- Cash -€5,514
down €5,514 (-27.6%), from €19,973 to €14,459
mainly Receivables within one year (-€5,765) and Investment in fixed assets (net) (-€3,729)
- Tangible fixed assets +€3,021
up €3,021 (+289%), from €1,046 to €4,068
- Profit (loss) carried forward +€2,448
up €2,448 (+29.6%), from €8,262 to €10,710
- Trade debts +€1,121
up €1,121 (+25.4%), from €4,411 to €5,532
- Gross operating margin -€1,192
down €1,192 (-18.2%), from €6,557 to €5,364
- Depreciation +€572
up €572 (+422%), from €136 to €708
- Taxes -€159
down €159 (-10.5%), from €1,515 to €1,356
- Other operating charges -€91
down €91 (-10.9%), from €841 to €750
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 | €27,229 | €30,502 | +€3,272 | +12.0% |
| Fixed assets | 21/28 | €1,046 | €4,068 | +€3,021 | +289% |
| Tangible fixed assets | 22/27 | €1,046 | €4,068 | +€3,021 | +289% |
| Plant, machinery and equipment | 23 | €1,046 | €4,068 | +€3,021 | +289% |
| Current assets | 29/58 | €26,183 | €26,434 | +€251 | +1.0% |
| Amounts receivable within one year | 40/41 | €6,210 | €11,975 | +€5,765 | +92.8% |
| Trade receivables | 40 | €1,818 | €1,751 | -€67 | -3.7% |
| Other amounts receivable | 41 | €4,392 | €10,224 | +€5,833 | +133% |
| Cash at bank and in hand | 54/58 | €19,973 | €14,459 | -€5,514 | -27.6% |
| Total equity and liabilities | 10/49 | €27,229 | €30,502 | +€3,272 | +12.0% |
| Equity | 10/15 | €22,522 | €24,970 | +€2,448 | +10.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,262 | €10,710 | +€2,448 | +29.6% |
| Amounts payable | 17/49 | €4,707 | €5,532 | +€825 | +17.5% |
| Amounts payable within one year | 42/48 | €4,707 | €5,532 | +€825 | +17.5% |
| Trade debts | 44 | €4,411 | €5,532 | +€1,121 | +25.4% |
| Suppliers | 440/4 | €4,411 | €5,532 | +€1,121 | +25.4% |
| Taxes, remuneration and social security | 45 | €296 | - | -€296 | |
| Taxes | 450/3 | €296 | - | -€296 | |
| Remuneration, social security and pensions | 62 | - | €29 | +€29 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136 | €708 | +€572 | +422% |
| Other operating charges | 640/8 | €841 | €750 | -€91 | -10.9% |
| Gross operating margin | 9900 | €6,557 | €5,364 | -€1,192 | -18.2% |
| Operating profit (loss) | 9901 | €5,580 | €3,877 | -€1,702 | -30.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €79 | €74 | -€5 | -5.9% |
| Recurring financial charges | 65 | €79 | €74 | -€5 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €5,501 | €3,804 | -€1,697 | -30.9% |
| Income taxes | 67/77 | €1,515 | €1,356 | -€159 | -10.5% |
| Profit (loss) for the period | 9904 | €3,986 | €2,448 | -€1,539 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,986 | €2,448 | -€1,539 | -38.6% |
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 20 October 2026 via checked.be.