VOLTBUILD: 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.
VOLTBUILD
Largest movements
- Receivables within one year +€236,504
up €236,504 (+78.9%), from €299,863 to €536,367
of which Other amounts receivable: +€280,965
- Cash +€58,891
up €58,891 (+708%), from €8,314 to €67,205
mainly Trade debts (+€196,954) and Net result for the year (+€166,354)
- Financial fixed assets +€15,630
up €15,630 (+710%), from €2,200 to €17,830
- Trade debts +€196,954
up €196,954 (+89.3%), from €220,459 to €417,413
- Profit (loss) carried forward +€166,354
up €166,354 (+7,775%), from €2,140 to €168,493
- Tax, wage and social debts -€47,213
down €47,213 (-47.5%), from €99,390 to €52,177
of which Taxes: -€58,441
- Gross operating margin -€223,895
down €223,895 (-39.5%), from €567,484 to €343,589
- Taxes -€49,813
down €49,813 (-44.8%), from €111,089 to €61,276
- Staff costs -€18,024
down €18,024 (-16.2%), from €111,285 to €93,261
- Other operating charges +€13,215
up €13,215 (+614%), from €2,152 to €15,366
- Financial income -€6,317
down €6,317 (-99.8%), from €6,332 to €15
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 | €788,415 | €1,098,084 | +€309,669 | +39.3% |
| Fixed assets | 21/28 | €29,210 | €43,429 | +€14,219 | +48.7% |
| Tangible fixed assets | 22/27 | €27,010 | €25,599 | -€1,411 | -5.2% |
| Furniture and vehicles | 24 | €27,010 | €25,599 | -€1,411 | -5.2% |
| Financial fixed assets | 28 | €2,200 | €17,830 | +€15,630 | +710% |
| Current assets | 29/58 | €759,204 | €1,054,655 | +€295,450 | +38.9% |
| Amounts receivable after more than one year | 29 | €450,000 | €450,000 | = | 0.0% |
| Trade receivables | 290 | €450,000 | - | -€450,000 | |
| Other amounts receivable | 291 | - | €450,000 | +€450,000 | |
| Amounts receivable within one year | 40/41 | €299,863 | €536,367 | +€236,504 | +78.9% |
| Trade receivables | 40 | €58,200 | €13,740 | -€44,461 | -76.4% |
| Other amounts receivable | 41 | €241,662 | €522,627 | +€280,965 | +116% |
| Cash at bank and in hand | 54/58 | €8,314 | €67,205 | +€58,891 | +708% |
| Deferred charges and accrued income | 490/1 | €1,028 | €1,083 | +€55 | +5.3% |
| Total equity and liabilities | 10/49 | €788,415 | €1,098,084 | +€309,669 | +39.3% |
| Equity | 10/15 | €462,140 | €628,493 | +€166,354 | +36.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €440,000 | €440,000 | = | 0.0% |
| Distributable reserves | 133 | €440,000 | €440,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,140 | €168,493 | +€166,354 | +7,775% |
| Amounts payable | 17/49 | €326,275 | €469,591 | +€143,316 | +43.9% |
| Amounts payable within one year | 42/48 | €325,762 | €469,591 | +€143,829 | +44.2% |
| Financial debts | 43 | €5,912 | - | -€5,912 | |
| Credit institutions | 430/8 | €5,912 | - | -€5,912 | |
| Trade debts | 44 | €220,459 | €417,413 | +€196,954 | +89.3% |
| Suppliers | 440/4 | €220,459 | €417,413 | +€196,954 | +89.3% |
| Taxes, remuneration and social security | 45 | €99,390 | €52,177 | -€47,213 | -47.5% |
| Taxes | 450/3 | €99,390 | €40,950 | -€58,441 | -58.8% |
| Remuneration and social security | 454/9 | - | €11,228 | +€11,228 | |
| Accrued charges and deferred income | 492/3 | €513 | - | -€513 | |
| Remuneration, social security and pensions | 62 | €111,285 | €93,261 | -€18,024 | -16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,568 | €6,653 | +€3,085 | +86.5% |
| Other operating charges | 640/8 | €2,152 | €15,366 | +€13,215 | +614% |
| Gross operating margin | 9900 | €567,484 | €343,589 | -€223,895 | -39.5% |
| Operating profit (loss) | 9901 | €450,479 | €228,309 | -€222,170 | -49.3% |
| Financial income | 75/76B | €6,332 | €15 | -€6,317 | -99.8% |
| Recurring financial income | 75 | €6,332 | €15 | -€6,317 | -99.8% |
| Financial charges | 65/66B | €607 | €694 | +€87 | +14.4% |
| Recurring financial charges | 65 | €607 | €694 | +€87 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | €456,204 | €227,630 | -€228,574 | -50.1% |
| Income taxes | 67/77 | €111,089 | €61,276 | -€49,813 | -44.8% |
| Profit (loss) for the period | 9904 | €345,115 | €166,354 | -€178,761 | -51.8% |
| Profit (loss) for the period to be appropriated | 9905 | €345,115 | €166,354 | -€178,761 | -51.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.