VOTRE: 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.
VOTRE
Largest movements
- Tangible fixed assets -€19,067
down €19,067 (-4.0%), from €480,175 to €461,108
of which Land and buildings: -€10,350
- Debts after one year -€26,609
down €26,609 (-12.9%), from €207,048 to €180,439
of which Financial debts: -€26,609
- Reserves +€10,217
up €10,217 (+10.8%), from €94,757 to €104,973
of which Distributable reserves: +€10,217
- Turnover -€57,315
no longer reported in 2025 (was €57,315)
- Purchases and services -€16,725
no longer reported in 2025 (was €16,725)
- Other operating charges -€3,540
down €3,540 (-69.0%), from €5,126 to €1,587
- Gross operating margin -€2,922
down €2,922 (-6.9%), from €42,266 to €39,344
- Taxes -€1,363
down €1,363 (-25.0%), from €5,441 to €4,079
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 | €498,626 | €479,943 | -€18,682 | -3.7% |
| Fixed assets | 21/28 | €480,175 | €461,108 | -€19,067 | -4.0% |
| Tangible fixed assets | 22/27 | €480,175 | €461,108 | -€19,067 | -4.0% |
| Land and buildings | 22 | €446,757 | €436,407 | -€10,350 | -2.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €33,418 | €24,701 | -€8,718 | -26.1% |
| Current assets | 29/58 | €18,450 | €18,835 | +€385 | +2.1% |
| Amounts receivable within one year | 40/41 | €1,079 | €0 | -€1,079 | -100% |
| Trade receivables | 40 | €1,079 | €0 | -€1,079 | -100% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €14,289 | €17,000 | +€2,711 | +19.0% |
| Deferred charges and accrued income | 490/1 | €3,082 | €1,836 | -€1,246 | -40.4% |
| Total equity and liabilities | 10/49 | €498,626 | €479,943 | -€18,682 | -3.7% |
| Equity | 10/15 | €157,257 | €167,473 | +€10,217 | +6.5% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €94,757 | €104,973 | +€10,217 | +10.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €94,757 | €104,973 | +€10,217 | +10.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €341,369 | €312,470 | -€28,899 | -8.5% |
| Amounts payable after more than one year | 17 | €207,048 | €180,439 | -€26,609 | -12.9% |
| Financial debts | 170/4 | €200,298 | €173,689 | -€26,609 | -13.3% |
| Other amounts payable | 178/9 | €6,750 | €6,750 | = | 0.0% |
| Amounts payable within one year | 42/48 | €134,000 | €131,744 | -€2,256 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €27,956 | €28,540 | +€584 | +2.1% |
| Financial debts | 43 | €0 | €0 | = | |
| Credit institutions | 430/8 | €0 | €0 | = | |
| Trade debts | 44 | €419 | €415 | -€4 | -1.0% |
| Suppliers | 440/4 | €419 | €415 | -€4 | -1.0% |
| Taxes, remuneration and social security | 45 | €8,661 | €3,906 | -€4,755 | -54.9% |
| Taxes | 450/3 | €8,661 | €3,906 | -€4,755 | -54.9% |
| Other amounts payable | 47/48 | €96,964 | €98,883 | +€1,919 | +2.0% |
| Accrued charges and deferred income | 492/3 | €321 | €287 | -€34 | -10.5% |
| Turnover | 70 | €57,315 | - | -€57,315 | |
| Goods, raw materials, services and sundry goods | 60/61 | €16,725 | - | -€16,725 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,068 | €19,067 | -€0 | 0.0% |
| Other operating charges | 640/8 | €5,126 | €1,587 | -€3,540 | -69.0% |
| Gross operating margin | 9900 | €42,266 | €39,344 | -€2,922 | -6.9% |
| Operating profit (loss) | 9901 | €18,072 | €18,690 | +€618 | +3.4% |
| Financial income | 75/76B | €63 | €56 | -€7 | -11.7% |
| Recurring financial income | 75 | €63 | €56 | -€7 | -11.7% |
| Financial charges | 65/66B | €4,799 | €4,451 | -€348 | -7.3% |
| Recurring financial charges | 65 | €4,799 | €4,451 | -€348 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €13,336 | €14,295 | +€959 | +7.2% |
| Income taxes | 67/77 | €5,441 | €4,079 | -€1,363 | -25.0% |
| Profit (loss) for the period | 9904 | €7,895 | €10,217 | +€2,322 | +29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,895 | €10,217 | +€2,322 | +29.4% |
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 19 October 2026 via checked.be.