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VOLTIA: what changed

Two fiscal 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.

What changed

VOLTIA

BE 0787.388.986
NACE 43.211, General electrical installation work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€66,282
2024 · €98,664-€32,382
Equity
€240,099
2024 · €173,817+€66,282
Cash
€149,740
2024 · €112,560+€37,181
Balance sheet total
€302,997
2024 · €223,723+€79,274

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€69,014

    up €69,014 (+168.4%), from €40,983 to €109,997

    of which Furniture and vehicles: +€69,280

  • Cash +€37,181

    up €37,181 (+33.0%), from €112,560 to €149,740

    mainly Net result for the year (+€66,282) and Debts after one year (+€24,021)

  • Stocks and contracts -€15,274

    down €15,274 (-74.9%), from €20,382 to €5,108

    of which Contracts in progress: -€15,777

  • Receivables within one year -€12,876

    down €12,876 (-26.2%), from €49,208 to €36,332

    of which Other amounts receivable: -€21,830

Equity and liabilities
  • Reserves +€66,282

    up €66,282 (+39.3%), from €168,817 to €235,099

  • Debts after one year +€24,021

    up €24,021, from €0 to €24,021

  • Current portion of long-term debt -€18,204

    down €18,204 (-65.2%), from €27,909 to €9,705

  • Trade debts +€6,887

    up €6,887 (+123.6%), from €5,573 to €12,460

Income statement
  • Gross operating margin -€26,253

    down €26,253 (-19.1%), from €137,327 to €111,074

  • Depreciation +€12,759

    up €12,759 (+153.4%), from €8,317 to €21,075

  • Taxes -€10,205

    down €10,205 (-39.0%), from €26,162 to €15,957

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €98,664
Gross operating margin -€26,253
Depreciation -€12,759
Other operating charges -€67
Other operating items -€3,800
Financial income +€269
Financial charges +€21
Taxes +€10,205
Result 2025 €66,282

Cash bridge derived

cash 2024 to 2025

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.

From operations +€121,454
Investment -€90,090
Financing +€5,817
Cash 2024 €112,560
Net result for the year +€66,282
Depreciation +€21,075
Stocks and contracts +€15,274
Receivables within one year +€12,876
Deferred charges and accrued income -€1,229
Trade debts +€6,887
Other debts +€288
Investment in fixed assets (net) -€90,090
Debts after one year +€24,021
Current portion of long-term debt -€18,204
Cash 2025 €149,740
Every line side by side 45 lines
Line Code 2024 2025 Change %
Total assets 20/58 €223,723 €302,997 +€79,274 +35.4%
Fixed assets 21/28 €40,983 €109,997 +€69,014 +168.4%
Intangible fixed assets 21 €1 €0 -€0 -30.8%
Tangible fixed assets 22/27 €40,983 €109,997 +€69,014 +168.4%
Plant, machinery and equipment 23 €18,247 €17,982 -€265 -1.5%
Furniture and vehicles 24 €22,735 €92,015 +€69,280 +304.7%
Current assets 29/58 €182,740 €193,000 +€10,260 +5.6%
Stocks and contracts in progress 3 €20,382 €5,108 -€15,274 -74.9%
Stocks 30/36 €4,604 €5,108 +€504 +10.9%
Contracts in progress 37 €15,777 €0 -€15,777 -100.0%
Amounts receivable within one year 40/41 €49,208 €36,332 -€12,876 -26.2%
Trade receivables 40 €22,515 €31,469 +€8,954 +39.8%
Other amounts receivable 41 €26,693 €4,863 -€21,830 -81.8%
Cash at bank and in hand 54/58 €112,560 €149,740 +€37,181 +33.0%
Deferred charges and accrued income 490/1 €591 €1,820 +€1,229 +207.9%
Total equity and liabilities 10/49 €223,723 €302,997 +€79,274 +35.4%
Equity 10/15 €173,817 €240,099 +€66,282 +38.1%
Contributions 10/11 €5,000 €5,000 = 0.0%
Reserves 13 €168,817 €235,099 +€66,282 +39.3%
Distributable reserves 133 €168,817 €235,099 +€66,282 +39.3%
Amounts payable 17/49 €49,906 €62,898 +€12,992 +26.0%
Amounts payable after more than one year 17 €0 €24,021 +€24,021
Financial debts 170/4 €0 €24,021 +€24,021
Amounts payable within one year 42/48 €49,906 €38,877 -€11,029 -22.1%
Current portion of amounts payable after more than one year 42 €27,909 €9,705 -€18,204 -65.2%
Trade debts 44 €5,573 €12,460 +€6,887 +123.6%
Suppliers 440/4 €5,573 €12,460 +€6,887 +123.6%
Taxes, remuneration and social security 45 €0 - =
Taxes 450/3 €0 - =
Other amounts payable 47/48 €16,424 €16,713 +€288 +1.8%
Accrued charges and deferred income 492/3 €0 - =
Non-recurring operating income 76A €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,317 €21,075 +€12,759 +153.4%
Other operating charges 640/8 €370 €437 +€67 +18.0%
Non-recurring operating charges 66A €1,940 €5,740 +€3,800 +195.8%
Gross operating margin 9900 €137,327 €111,074 -€26,253 -19.1%
Operating profit (loss) 9901 €126,700 €83,822 -€42,878 -33.8%
Financial income 75/76B €18 €286 +€269 +1506.0%
Recurring financial income 75 €18 €286 +€269 +1506.0%
Financial charges 65/66B €1,891 €1,869 -€21 -1.1%
Recurring financial charges 65 €1,891 €1,869 -€21 -1.1%
Profit (loss) for the period before taxes 9903 €124,827 €82,239 -€42,588 -34.1%
Income taxes 67/77 €26,162 €15,957 -€10,205 -39.0%
Profit (loss) for the period 9904 €98,664 €66,282 -€32,382 -32.8%
Profit (loss) for the period to be appropriated 9905 €98,664 €66,282 -€32,382 -32.8%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.