VOLTTECHNIC: 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.
VOLTTECHNIC
Largest movements
- Tangible fixed assets +€87,080
up €87,080 (+334%), from €26,082 to €113,162
- Cash -€84,366
down €84,366 (-35.3%), from €238,695 to €154,328
mainly Investment in fixed assets (net) (-€103,766) and Receivables within one year (-€8,594)
- Receivables within one year +€8,594
up €8,594 (+26.8%), from €32,022 to €40,616
of which Other amounts receivable: +€17,511
- Deferred charges and accrued income -€3,266
down €3,266 (-59.9%), from €5,451 to €2,185
- Trade debts +€8,068
up €8,068 (+1,945%), from €415 to €8,483
- Tax, wage and social debts -€7,768
no longer reported in 2025 (was €7,768)
- Profit (loss) carried forward +€7,741
up €7,741 (+3.3%), from €234,561 to €242,302
- Gross operating margin -€30,964
down €30,964 (-58.0%), from €53,432 to €22,468
- Taxes -€12,738
down €12,738 (-94.6%), from €13,459 to €721
- Depreciation +€9,773
up €9,773 (+141%), from €6,913 to €16,686
- Other operating charges +€1,002
up €1,002 (+143%), from €702 to €1,704
- Financial income +€612
up €612 (+15.7%), from €3,898 to €4,509
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 | €302,250 | €310,291 | +€8,041 | +2.7% |
| Fixed assets | 21/28 | €26,082 | €113,162 | +€87,080 | +334% |
| Tangible fixed assets | 22/27 | €26,082 | €113,162 | +€87,080 | +334% |
| Furniture and vehicles | 24 | €26,082 | €113,162 | +€87,080 | +334% |
| Current assets | 29/58 | €276,168 | €197,129 | -€79,039 | -28.6% |
| Amounts receivable within one year | 40/41 | €32,022 | €40,616 | +€8,594 | +26.8% |
| Trade receivables | 40 | €8,918 | - | -€8,918 | |
| Other amounts receivable | 41 | €23,104 | €40,616 | +€17,511 | +75.8% |
| Cash at bank and in hand | 54/58 | €238,695 | €154,328 | -€84,366 | -35.3% |
| Deferred charges and accrued income | 490/1 | €5,451 | €2,185 | -€3,266 | -59.9% |
| Total equity and liabilities | 10/49 | €302,250 | €310,291 | +€8,041 | +2.7% |
| Equity | 10/15 | €294,067 | €301,808 | +€7,741 | +2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40,906 | €40,906 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €39,046 | €39,046 | = | 0.0% |
| Profit (loss) carried forward | 14 | €234,561 | €242,302 | +€7,741 | +3.3% |
| Amounts payable | 17/49 | €8,182 | €8,483 | +€300 | +3.7% |
| Amounts payable within one year | 42/48 | €8,182 | €8,483 | +€300 | +3.7% |
| Trade debts | 44 | €415 | €8,483 | +€8,068 | +1,945% |
| Suppliers | 440/4 | €415 | €8,483 | +€8,068 | +1,945% |
| Taxes, remuneration and social security | 45 | €7,768 | - | -€7,768 | |
| Taxes | 450/3 | €7,768 | - | -€7,768 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,913 | €16,686 | +€9,773 | +141% |
| Other operating charges | 640/8 | €702 | €1,704 | +€1,002 | +143% |
| Gross operating margin | 9900 | €53,432 | €22,468 | -€30,964 | -58.0% |
| Operating profit (loss) | 9901 | €45,817 | €4,077 | -€41,739 | -91.1% |
| Financial income | 75/76B | €3,898 | €4,509 | +€612 | +15.7% |
| Recurring financial income | 75 | €3,898 | €4,509 | +€612 | +15.7% |
| Financial charges | 65/66B | €136 | €125 | -€11 | -8.1% |
| Recurring financial charges | 65 | €136 | €125 | -€11 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €49,579 | €8,462 | -€41,117 | -82.9% |
| Income taxes | 67/77 | €13,459 | €721 | -€12,738 | -94.6% |
| Profit (loss) for the period | 9904 | €36,120 | €7,741 | -€28,379 | -78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,120 | €7,741 | -€28,379 | -78.6% |
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 20 October 2026 via checked.be.