VOTIA: 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.
VOTIA
Largest movements
- Receivables within one year +€10,262
up €10,262 (+9.3%), from €110,386 to €120,648
of which Other amounts receivable: +€5,747
- Current investments -€8,006
no longer reported in 2025 (was €8,006)
- Cash +€7,693
new in 2025: €7,693
mainly Current investments (+€8,006) and Net result for the year (+€4,968)
- Deferred charges and accrued income -€4,607
down €4,607 (-66.5%), from €6,925 to €2,318
- Tangible fixed assets -€2,863
down €2,863 (-40.0%), from €7,164 to €4,301
of which Furniture and vehicles: -€2,105
- Trade debts -€4,953
down €4,953 (-17.0%), from €29,059 to €24,107
- Tax, wage and social debts +€3,147
up €3,147 (+31.2%), from €10,077 to €13,225
- Other debts +€2,697
up €2,697 (+463%), from €583 to €3,280
- Gross operating margin -€36,611
down €36,611 (-80.2%), from €45,672 to €9,061
- Taxes -€7,578
down €7,578 (-80.8%), from €9,384 to €1,806
- Depreciation -€6,298
down €6,298 (-59.5%), from €10,587 to €4,289
- Financial income +€606
up €606 (+15.9%), from €3,823 to €4,429
- Other operating charges +€533
up €533 (+74.3%), from €718 to €1,251
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 | €133,837 | €135,802 | +€1,966 | +1.5% |
| Fixed assets | 21/28 | €7,164 | €4,301 | -€2,863 | -40.0% |
| Tangible fixed assets | 22/27 | €7,164 | €4,301 | -€2,863 | -40.0% |
| Plant, machinery and equipment | 23 | €4,623 | €3,865 | -€758 | -16.4% |
| Furniture and vehicles | 24 | €2,541 | €436 | -€2,105 | -82.8% |
| Current assets | 29/58 | €126,673 | €131,501 | +€4,829 | +3.8% |
| Stocks and contracts in progress | 3 | €1,356 | €842 | -€514 | -37.9% |
| Stocks | 30/36 | €1,356 | €842 | -€514 | -37.9% |
| Amounts receivable within one year | 40/41 | €110,386 | €120,648 | +€10,262 | +9.3% |
| Trade receivables | 40 | €20,848 | €25,363 | +€4,515 | +21.7% |
| Other amounts receivable | 41 | €89,538 | €95,285 | +€5,747 | +6.4% |
| Current investments | 50/53 | €8,006 | - | -€8,006 | |
| Cash at bank and in hand | 54/58 | - | €7,693 | +€7,693 | |
| Deferred charges and accrued income | 490/1 | €6,925 | €2,318 | -€4,607 | -66.5% |
| Total equity and liabilities | 10/49 | €133,837 | €135,802 | +€1,966 | +1.5% |
| Equity | 10/15 | €94,117 | €95,191 | +€1,074 | +1.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €87,300 | €87,300 | = | 0.0% |
| Distributable reserves | 133 | €87,300 | €87,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,183 | -€12,109 | +€1,074 | +8.2% |
| Amounts payable | 17/49 | €39,720 | €40,611 | +€891 | +2.2% |
| Amounts payable within one year | 42/48 | €39,720 | €40,611 | +€891 | +2.2% |
| Trade debts | 44 | €29,059 | €24,107 | -€4,953 | -17.0% |
| Suppliers | 440/4 | €29,059 | €24,107 | -€4,953 | -17.0% |
| Taxes, remuneration and social security | 45 | €10,077 | €13,225 | +€3,147 | +31.2% |
| Taxes | 450/3 | €10,077 | €13,225 | +€3,147 | +31.2% |
| Other amounts payable | 47/48 | €583 | €3,280 | +€2,697 | +463% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,587 | €4,289 | -€6,298 | -59.5% |
| Other operating charges | 640/8 | €718 | €1,251 | +€533 | +74.3% |
| Gross operating margin | 9900 | €45,672 | €9,061 | -€36,611 | -80.2% |
| Operating profit (loss) | 9901 | €34,367 | €3,521 | -€30,846 | -89.8% |
| Financial income | 75/76B | €3,823 | €4,429 | +€606 | +15.9% |
| Recurring financial income | 75 | €3,823 | €4,429 | +€606 | +15.9% |
| Financial charges | 65/66B | €1,073 | €1,175 | +€102 | +9.5% |
| Recurring financial charges | 65 | €1,073 | €1,175 | +€102 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €37,116 | €6,775 | -€30,342 | -81.7% |
| Income taxes | 67/77 | €9,384 | €1,806 | -€7,578 | -80.8% |
| Profit (loss) for the period | 9904 | €27,732 | €4,968 | -€22,764 | -82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,732 | €4,968 | -€22,764 | -82.1% |
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 24 October 2026 via checked.be.