Voltr Engineering: 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.
Voltr Engineering
Largest movements
- Cash +€48,639
up €48,639 (+573%), from €8,496 to €57,135
mainly Net result for the year (+€38,392) and Depreciation (+€11,874)
- Receivables within one year +€10,623
up €10,623 (+38.5%), from €27,565 to €38,188
of which Trade receivables: +€9,190
- Tangible fixed assets -€8,901
down €8,901 (-23.2%), from €38,413 to €29,512
of which Furniture and vehicles: -€8,773
- Reserves +€38,392
up €38,392 (+68.3%), from €56,244 to €94,636
- Tax, wage and social debts +€9,035
up €9,035 (+46.2%), from €19,544 to €28,578
of which Taxes: +€11,820
- Trade debts +€2,230
up €2,230 (+196%), from €1,138 to €3,368
- Write-downs -€10,039
down €10,039 (-100%), from €10,039 to €0
- Depreciation +€2,359
up €2,359 (+24.8%), from €9,515 to €11,874
- Taxes +€1,935
up €1,935 (+18.9%), from €10,219 to €12,154
- Gross operating margin -€1,536
down €1,536 (-2.3%), from €66,386 to €64,850
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 | €80,090 | €129,582 | +€49,492 | +61.8% |
| Fixed assets | 21/28 | €40,413 | €31,512 | -€8,901 | -22.0% |
| Tangible fixed assets | 22/27 | €38,413 | €29,512 | -€8,901 | -23.2% |
| Plant, machinery and equipment | 23 | €1,150 | €1,022 | -€128 | -11.1% |
| Furniture and vehicles | 24 | €37,263 | €28,490 | -€8,773 | -23.5% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €39,677 | €98,070 | +€58,393 | +147% |
| Amounts receivable within one year | 40/41 | €27,565 | €38,188 | +€10,623 | +38.5% |
| Trade receivables | 40 | €25,457 | €34,647 | +€9,190 | +36.1% |
| Other amounts receivable | 41 | €2,108 | €3,541 | +€1,433 | +68.0% |
| Cash at bank and in hand | 54/58 | €8,496 | €57,135 | +€48,639 | +573% |
| Deferred charges and accrued income | 490/1 | €3,616 | €2,747 | -€869 | -24.0% |
| Total equity and liabilities | 10/49 | €80,090 | €129,582 | +€49,492 | +61.8% |
| Equity | 10/15 | €59,244 | €97,636 | +€38,392 | +64.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €56,244 | €94,636 | +€38,392 | +68.3% |
| Distributable reserves | 133 | €56,244 | €94,636 | +€38,392 | +68.3% |
| Amounts payable | 17/49 | €20,846 | €31,946 | +€11,100 | +53.2% |
| Amounts payable within one year | 42/48 | €20,846 | €31,946 | +€11,100 | +53.2% |
| Trade debts | 44 | €1,138 | €3,368 | +€2,230 | +196% |
| Suppliers | 440/4 | €1,138 | €3,368 | +€2,230 | +196% |
| Taxes, remuneration and social security | 45 | €19,544 | €28,578 | +€9,035 | +46.2% |
| Taxes | 450/3 | €16,758 | €28,578 | +€11,820 | +70.5% |
| Remuneration and social security | 454/9 | €2,785 | €0 | -€2,785 | -100% |
| Other amounts payable | 47/48 | €165 | €0 | -€165 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,515 | €11,874 | +€2,359 | +24.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,039 | €0 | -€10,039 | -100% |
| Other operating charges | 640/8 | €455 | €573 | +€118 | +26.0% |
| Gross operating margin | 9900 | €66,386 | €64,850 | -€1,536 | -2.3% |
| Operating profit (loss) | 9901 | €46,377 | €52,403 | +€6,025 | +13.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,409 | €1,857 | +€447 | +31.7% |
| Recurring financial charges | 65 | €1,409 | €1,857 | +€447 | +31.7% |
| Profit (loss) for the period before taxes | 9903 | €44,968 | €50,546 | +€5,578 | +12.4% |
| Income taxes | 67/77 | €10,219 | €12,154 | +€1,935 | +18.9% |
| Profit (loss) for the period | 9904 | €34,749 | €38,392 | +€3,643 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,749 | €38,392 | +€3,643 | +10.5% |
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 28 October 2026 via checked.be.