VOXDALE: 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.
What changed
VOXDALE
NACE 22.210, Manufacture of rubber and plastic products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€41,756
2024 · -€83,325+€41,569
Equity
€12.4m
2024 · €12.5m-€41,756
Cash
€208,080
2024 · €65,624+€142,456
Balance sheet total
€13.1m
2024 · €13.0m+€75,045
Largest movements
Assets
- Cash +€142,456
up €142,456 (+217.1%), from €65,624 to €208,080
mainly Receivables within one year (+€82,458) and Tax, wage and social debts (+€78,063)
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Other operating income +€293,726
up €293,726 (+36.7%), from €800,683 to €1.1m
- Services and other goods +€254,055
up €254,055 (+50.4%), from €504,114 to €758,169
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.
Result 2024
-€83,325
Staff costs
+€32,392
Other operating charges
-€21
Other operating items
+€21,533
Financial income
-€26,816
Financial charges
+€14,481
Taxes
-€0
Result 2025
-€41,756
Cash bridge derived
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.
From operations
+€140,740
Investment
€0
Financing
+€1,715
Cash 2024
€65,624
From operations (derived)
+€140,740
Net result for the year
-€41,756
Depreciation
+€93
Receivables within one year
+€82,458
Deferred charges and accrued income
-€15,139
Trade debts
+€26,897
Tax, wage and social debts
+€78,063
Other debts
+€4,140
Accrued charges and deferred income
+€5,986
Financing
+€1,715
Short-term financial debts
+€1,715
Cash 2025
€208,080
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,986,170 | €13,061,215 | +€75,045 | +0.6% |
| Fixed assets | 21/28 | €11,845,554 | €11,845,461 | -€93 | 0.0% |
| Tangible fixed assets | 22/27 | €124 | €31 | -€93 | -75.0% |
| Furniture and vehicles | 24 | €124 | €31 | -€93 | -75.0% |
| Financial fixed assets | 28 | €11,845,430 | €11,845,430 | = | 0.0% |
| Affiliated companies | 280/1 | €11,845,430 | €11,845,430 | = | 0.0% |
| Participating interests | 280 | €10,870,430 | €10,870,430 | = | 0.0% |
| Amounts receivable | 281 | €975,000 | €975,000 | = | 0.0% |
| Current assets | 29/58 | €1,140,616 | €1,215,754 | +€75,137 | +6.6% |
| Amounts receivable within one year | 40/41 | €1,049,754 | €967,296 | -€82,458 | -7.9% |
| Trade receivables | 40 | €77,103 | €26,689 | -€50,415 | -65.4% |
| Other amounts receivable | 41 | €972,650 | €940,607 | -€32,043 | -3.3% |
| Cash at bank and in hand | 54/58 | €65,624 | €208,080 | +€142,456 | +217.1% |
| Deferred charges and accrued income | 490/1 | €25,239 | €40,378 | +€15,139 | +60.0% |
| Total equity and liabilities | 10/49 | €12,986,170 | €13,061,215 | +€75,045 | +0.6% |
| Equity | 10/15 | €12,455,501 | €12,413,746 | -€41,756 | -0.3% |
| Contributions | 10/11 | €3,336,412 | €3,336,412 | = | 0.0% |
| Capital | 10 | €3,336,412 | €3,336,412 | = | 0.0% |
| Issued capital | 100 | €3,336,412 | €3,336,412 | = | 0.0% |
| Reserves | 13 | €136,100 | €136,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €136,100 | €136,100 | = | 0.0% |
| Legal reserve | 130 | €136,100 | €136,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,982,989 | €8,941,234 | -€41,756 | -0.5% |
| Amounts payable | 17/49 | €530,669 | €647,469 | +€116,800 | +22.0% |
| Amounts payable within one year | 42/48 | €515,654 | €626,469 | +€110,815 | +21.5% |
| Financial debts | 43 | €62 | €1,778 | +€1,715 | +2756.4% |
| Credit institutions | 430/8 | €62 | €1,778 | +€1,715 | +2756.4% |
| Trade debts | 44 | €72,842 | €99,739 | +€26,897 | +36.9% |
| Suppliers | 440/4 | €72,842 | €99,739 | +€26,897 | +36.9% |
| Taxes, remuneration and social security | 45 | €234,009 | €312,072 | +€78,063 | +33.4% |
| Taxes | 450/3 | €70,804 | €61,894 | -€8,910 | -12.6% |
| Remuneration and social security | 454/9 | €163,205 | €250,178 | +€86,973 | +53.3% |
| Other amounts payable | 47/48 | €208,742 | €212,881 | +€4,140 | +2.0% |
| Accrued charges and deferred income | 492/3 | €15,014 | €21,000 | +€5,986 | +39.9% |
| Operating income | 70/76A | €818,821 | €1,094,409 | +€275,588 | +33.7% |
| Other operating income | 74 | €800,683 | €1,094,409 | +€293,726 | +36.7% |
| Non-recurring operating income | 76A | €18,138 | - | -€18,138 | |
| Operating charges | 60/66A | €935,041 | €1,156,725 | +€221,684 | +23.7% |
| Services and other goods | 61 | €504,114 | €758,169 | +€254,055 | +50.4% |
| Remuneration, social security and pensions | 62 | €430,142 | €397,750 | -€32,392 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93 | €93 | = | 0.0% |
| Other operating charges | 640/8 | €692 | €713 | +€21 | +3.1% |
| Operating profit (loss) | 9901 | -€116,220 | -€62,316 | +€53,904 | +46.4% |
| Financial income | 75/76B | €56,410 | €29,594 | -€26,816 | -47.5% |
| Recurring financial income | 75 | €56,410 | €29,594 | -€26,816 | -47.5% |
| Income from current assets | 751 | €56,410 | €29,594 | -€26,816 | -47.5% |
| Financial charges | 65/66B | €23,305 | €8,824 | -€14,481 | -62.1% |
| Recurring financial charges | 65 | €23,305 | €8,824 | -€14,481 | -62.1% |
| Debt charges | 650 | €22,006 | €7,387 | -€14,619 | -66.4% |
| Other financial charges | 652/9 | €1,299 | €1,437 | +€138 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | -€83,115 | -€41,546 | +€41,569 | +50.0% |
| Income taxes | 67/77 | €210 | €210 | +€0 | +0.1% |
| Taxes | 670/3 | €210 | €210 | +€0 | +0.1% |
| Profit (loss) for the period | 9904 | -€83,325 | -€41,756 | +€41,569 | +49.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€83,325 | -€41,756 | +€41,569 | +49.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.