Voltek: 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.
Voltek
Largest movements
- Cash +€58,405
up €58,405 (+100%), from €58,308 to €116,713
mainly Net result for the year (+€51,881) and Tax, wage and social debts (+€4,070)
- Deferred charges and accrued income -€2,503
down €2,503 (-22.2%), from €11,290 to €8,786
- Reserves +€51,881
up €51,881 (+75.0%), from €69,187 to €121,069
- Tax, wage and social debts +€4,070
up €4,070 (+22.6%), from €17,993 to €22,063
- Gross operating margin +€4,007
up €4,007 (+6.3%), from €63,593 to €67,600
- Taxes +€733
up €733 (+5.9%), from €12,447 to €13,180
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 | €93,915 | €149,940 | +€56,025 | +59.7% |
| Fixed assets | 21/28 | €1,904 | €1,903 | -€1 | -0.1% |
| Tangible fixed assets | 22/27 | €1,904 | €1,903 | -€1 | -0.1% |
| Furniture and vehicles | 24 | €1,904 | €1,903 | -€1 | -0.1% |
| Current assets | 29/58 | €92,011 | €148,038 | +€56,027 | +60.9% |
| Amounts receivable within one year | 40/41 | €22,414 | €22,539 | +€126 | +0.6% |
| Trade receivables | 40 | €22,414 | €22,539 | +€126 | +0.6% |
| Cash at bank and in hand | 54/58 | €58,308 | €116,713 | +€58,405 | +100% |
| Deferred charges and accrued income | 490/1 | €11,290 | €8,786 | -€2,503 | -22.2% |
| Total equity and liabilities | 10/49 | €93,915 | €149,940 | +€56,025 | +59.7% |
| Equity | 10/15 | €72,187 | €124,069 | +€51,881 | +71.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €69,187 | €121,069 | +€51,881 | +75.0% |
| Distributable reserves | 133 | €69,187 | €121,069 | +€51,881 | +75.0% |
| Amounts payable | 17/49 | €21,728 | €25,872 | +€4,144 | +19.1% |
| Amounts payable within one year | 42/48 | €21,728 | €25,872 | +€4,144 | +19.1% |
| Financial debts | 43 | €40 | €60 | +€20 | +51.6% |
| Other loans | 439 | €40 | €60 | +€20 | +51.6% |
| Trade debts | 44 | €2,305 | €2,376 | +€72 | +3.1% |
| Suppliers | 440/4 | €2,305 | €2,376 | +€72 | +3.1% |
| Taxes, remuneration and social security | 45 | €17,993 | €22,063 | +€4,070 | +22.6% |
| Taxes | 450/3 | €17,993 | €22,063 | +€4,070 | +22.6% |
| Other amounts payable | 47/48 | €1,390 | €1,372 | -€18 | -1.3% |
| Non-recurring operating income | 76A | €60 | €85 | +€25 | +41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,007 | €1,206 | +€199 | +19.8% |
| Other operating charges | 640/8 | €106 | €120 | +€15 | +14.0% |
| Gross operating margin | 9900 | €63,593 | €67,600 | +€4,007 | +6.3% |
| Operating profit (loss) | 9901 | €62,481 | €66,273 | +€3,793 | +6.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €765 | €1,212 | +€447 | +58.4% |
| Recurring financial charges | 65 | €765 | €1,212 | +€447 | +58.4% |
| Profit (loss) for the period before taxes | 9903 | €61,715 | €65,062 | +€3,346 | +5.4% |
| Income taxes | 67/77 | €12,447 | €13,180 | +€733 | +5.9% |
| Profit (loss) for the period | 9904 | €49,268 | €51,881 | +€2,613 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,268 | €51,881 | +€2,613 | +5.3% |
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 16 October 2026 via checked.be.