Volts: 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.
Volts
Largest movements
- Current assets +€14,860
up €14,860 (+68.9%), from €21,565 to €36,426
of which Receivables within one year: +€14,439
- Profit (loss) carried forward +€10,720
up €10,720, from -€689 to €10,031
- Debts within one year +€6,277
up €6,277 (+42.4%), from €14,816 to €21,093
- Debts after one year -€2,636
no longer reported in 2020 (was €2,636)
- Gross operating margin +€5,170
up €5,170 (+72.0%), from €7,178 to €12,349
From the 2019 result to the 2020 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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,063 | €37,424 | +€14,361 | +62.3% |
| Formation expenses | 20 | €676 | €451 | -€225 | -33.3% |
| Fixed assets | 21/28 | €821 | €547 | -€274 | -33.3% |
| Tangible fixed assets | 22/27 | €821 | €547 | -€274 | -33.3% |
| Current assets | 29/58 | €21,565 | €36,426 | +€14,860 | +68.9% |
| Stocks and contracts in progress | 3 | €5,082 | €4,780 | -€302 | -5.9% |
| Amounts receivable within one year | 40/41 | €16,264 | €30,703 | +€14,439 | +88.8% |
| Cash at bank and in hand | 54/58 | - | €943 | +€943 | |
| Total equity and liabilities | 10/49 | €23,063 | €37,424 | +€14,361 | +62.3% |
| Equity | 10/15 | €5,611 | €16,331 | +€10,720 | +191.0% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€689 | €10,031 | +€10,720 | |
| Amounts payable | 17/49 | €17,452 | €21,093 | +€3,641 | +20.9% |
| Amounts payable after more than one year | 17 | €2,636 | - | -€2,636 | |
| Amounts payable within one year | 42/48 | €14,816 | €21,093 | +€6,277 | +42.4% |
| Trade debts | 44 | €7,501 | €17,663 | +€10,162 | +135.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €274 | €274 | = | 0.0% |
| Gross operating margin | 9900 | €7,178 | €12,349 | +€5,170 | +72.0% |
| Operating profit (loss) | 9901 | €4,504 | €10,163 | +€5,659 | +125.6% |
| Recurring financial income | 75 | €984 | €2,252 | +€1,268 | +129.0% |
| Recurring financial charges | 65 | €1,448 | €676 | -€772 | -53.3% |
| Profit (loss) for the period before taxes | 9903 | €4,040 | €11,513 | +€7,474 | +185.0% |
| Income taxes | 67/77 | €724 | €793 | +€70 | +9.6% |
| Profit (loss) for the period | 9904 | €3,316 | €10,720 | +€7,404 | +223.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,316 | €10,720 | +€7,404 | +223.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.