VOLUIT: what changed
What changed
VOLUIT
NACE 47.552, Retail sale of lighting equipment
filed annual accounts (NBB)
Net result for the year
€320,032
2024 · €546,023-€225,992
Equity
€7.5m
2024 · €7.3m+€226,023
Cash
€1.2m
2024 · €1.7m-€486,819
Balance sheet total
€18.9m
2024 · €18.8m+€7,228
Largest movements
Assets
- Current investments +€500,000
up €500,000 (+25.0%), from €2.0m to €2.5m
- Cash -€486,819
down €486,819 (-28.2%), from €1.7m to €1.2m
mainly Debts after one year (-€877,089) and Investment in fixed assets (net) (-€628,375)
Equity and liabilities
- Debts after one year -€877,089
down €877,089 (-11.8%), from €7.5m to €6.6m
- Debts within one year +€676,391
up €676,391 (+16.9%), from €4.0m to €4.7m
of which Current portion of long-term debt: +€392,430
- Profit (loss) carried forward +€320,032
up €320,032 (+17.5%), from €1.8m to €2.2m
Income statement
- Staff costs +€1.2m
up €1.2m (+8.1%), from €14.5m to €15.7m
- Turnover -€41,484
down €41,484 (-1.8%), from €2.3m to €2.3m
- Goods and materials +€24,914
up €24,914 (+2.4%), from €1.1m to €1.1m
of which Purchases: +€78,919
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€546,023
Turnover
-€41,484
Other operating income
-€11,958
Goods and materials
-€24,914
Services and other goods
+€13,952
Staff costs
-€1.2m
Depreciation
+€21,609
Other operating charges
-€13,569
Other operating items
+€1.0m
Financial income
-€13,135
Financial charges
+€18,565
Result 2025
€320,032
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.6m
Investment
-€1.1m
Financing
-€971,097
Cash 2024
€1.7m
From operations (derived)
+€1.6m
Net result for the year
+€320,032
Depreciation
+€716,149
Stocks and contracts
-€54,006
Receivables within one year
-€82,910
Deferred charges and accrued income
+€55,095
Debts within one year
+€676,391
Accrued charges and deferred income
-€18,097
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€628,375
Current investments
-€500,000
Financing
-€971,097
Debts after one year
-€877,089
Contributions, distributions and other
-€94,009
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,842,910 | €18,850,138 | +€7,228 | 0.0% |
| Fixed assets | 21/28 | €11,997,084 | €11,909,310 | -€87,774 | -0.7% |
| Tangible fixed assets | 22/27 | €11,934,503 | €11,851,035 | -€83,468 | -0.7% |
| Land and buildings | 22 | €11,335,804 | €11,302,662 | -€33,141 | -0.3% |
| Plant, machinery and equipment | 23 | €300,141 | €284,370 | -€15,771 | -5.3% |
| Furniture and vehicles | 24 | €196,832 | €209,127 | +€12,295 | +6.2% |
| Other tangible fixed assets | 26 | €84,299 | €54,876 | -€29,423 | -34.9% |
| Assets under construction and advance payments | 27 | €17,427 | - | -€17,427 | |
| Financial fixed assets | 28 | €62,581 | €58,275 | -€4,306 | -6.9% |
| Other financial fixed assets | 284/8 | €62,581 | €58,275 | -€4,306 | -6.9% |
| Shares | 284 | €19,058 | €15,558 | -€3,500 | -18.4% |
| Amounts receivable and cash guarantees | 285/8 | €43,523 | €42,717 | -€806 | -1.9% |
| Current assets | 29/58 | €6,845,826 | €6,940,828 | +€95,002 | +1.4% |
| Stocks and contracts in progress | 3 | - | €54,006 | +€54,006 | |
| Stocks | 30/36 | - | €54,006 | +€54,006 | |
| Goods purchased for resale | 34 | - | €54,006 | +€54,006 | |
| Amounts receivable within one year | 40/41 | €3,029,559 | €3,112,470 | +€82,910 | +2.7% |
| Trade receivables | 40 | €470,400 | €567,894 | +€97,494 | +20.7% |
| Other amounts receivable | 41 | €2,559,159 | €2,544,576 | -€14,583 | -0.6% |
| Current investments | 50/53 | €2,000,000 | €2,500,000 | +€500,000 | +25.0% |
| Cash at bank and in hand | 54/58 | €1,727,828 | €1,241,009 | -€486,819 | -28.2% |
| Deferred charges and accrued income | 490/1 | €88,439 | €33,344 | -€55,095 | -62.3% |
| Total equity and liabilities | 10/49 | €18,842,910 | €18,850,138 | +€7,228 | 0.0% |
| Equity | 10/15 | €7,286,565 | €7,512,588 | +€226,023 | +3.1% |
| Contributions | 10/11 | €741,587 | €741,587 | = | 0.0% |
| Capital | 10 | €741,587 | €741,587 | = | 0.0% |
| Reserves | 13 | €3,800,000 | €3,800,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,832,777 | €2,152,808 | +€320,032 | +17.5% |
| Investment grants | 15 | €912,202 | €818,193 | -€94,009 | -10.3% |
| Amounts payable | 17/49 | €11,556,345 | €11,337,550 | -€218,795 | -1.9% |
| Amounts payable after more than one year | 17 | €7,464,249 | €6,587,161 | -€877,089 | -11.8% |
| Financial debts | 170/4 | €7,464,249 | €6,587,161 | -€877,089 | -11.8% |
| Credit institutions | 173 | €7,064,249 | €6,587,161 | -€477,089 | -6.8% |
| Other loans | 174 | €400,000 | - | -€400,000 | |
| Amounts payable within one year | 42/48 | €3,994,170 | €4,670,560 | +€676,391 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €416,042 | €808,472 | +€392,430 | +94.3% |
| Trade debts | 44 | €356,271 | €375,210 | +€18,939 | +5.3% |
| Suppliers | 440/4 | €356,271 | €375,210 | +€18,939 | +5.3% |
| Taxes, remuneration and social security | 45 | €3,017,072 | €3,291,456 | +€274,384 | +9.1% |
| Taxes | 450/3 | €180,640 | €205,551 | +€24,911 | +13.8% |
| Remuneration and social security | 454/9 | €2,836,432 | €3,085,905 | +€249,473 | +8.8% |
| Accrued charges and deferred income | 492/3 | €97,926 | €79,829 | -€18,097 | -18.5% |
| Operating income | 70/76A | €18,165,847 | €19,161,473 | +€995,626 | +5.5% |
| Turnover | 70 | €2,309,634 | €2,268,150 | -€41,484 | -1.8% |
| Membership fees, donations, legacies and grants | 73 | €15,497,726 | €16,610,140 | +€1.1m | +7.2% |
| Other operating income | 74 | €168,439 | €156,481 | -€11,958 | -7.1% |
| Non-recurring operating income | 76A | €190,047 | €126,702 | -€63,345 | -33.3% |
| Operating charges | 60/66A | €17,559,458 | €18,786,505 | +€1.2m | +7.0% |
| Goods for resale, raw materials and consumables | 60 | €1,051,809 | €1,076,722 | +€24,914 | +2.4% |
| Purchases | 600/8 | €1,051,809 | €1,130,728 | +€78,919 | +7.5% |
| Change in stocks: decrease (increase) | 609 | - | -€54,006 | -€54,006 | |
| Services and other goods | 61 | €1,193,148 | €1,179,196 | -€13,952 | -1.2% |
| Remuneration, social security and pensions | 62 | €14,497,243 | €15,673,982 | +€1.2m | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €737,758 | €716,149 | -€21,609 | -2.9% |
| Other operating charges | 640/8 | €96,374 | €109,942 | +€13,569 | +14.1% |
| Non-recurring operating charges | 66A | €51,875 | €30,513 | -€21,362 | -41.2% |
| Operating profit (loss) | 9901 | €606,389 | €374,967 | -€231,422 | -38.2% |
| Financial income | 75/76B | €70,767 | €57,632 | -€13,135 | -18.6% |
| Recurring financial income | 75 | €70,767 | €57,632 | -€13,135 | -18.6% |
| Income from current assets | 751 | €70,282 | €56,752 | -€13,530 | -19.3% |
| Other financial income | 752/9 | €485 | €880 | +€395 | +81.4% |
| Financial charges | 65/66B | €131,132 | €112,568 | -€18,565 | -14.2% |
| Recurring financial charges | 65 | €109,332 | €109,068 | -€265 | -0.2% |
| Debt charges | 650 | €107,652 | €106,974 | -€678 | -0.6% |
| Other financial charges | 652/9 | €1,681 | €2,094 | +€414 | +24.6% |
| Non-recurring financial charges | 66B | €21,800 | €3,500 | -€18,300 | -83.9% |
| Profit (loss) for the period before taxes | 9903 | €546,023 | €320,032 | -€225,992 | -41.4% |
| Profit (loss) for the period | 9904 | €546,023 | €320,032 | -€225,992 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €546,023 | €320,032 | -€225,992 | -41.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.