VULCANIA: 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.
VULCANIA
Largest movements
- Cash +€1,904
up €1,904 (+250.5%), from €760 to €2,664
mainly Other debts (+€27,025) and Depreciation (+€461)
- Tangible fixed assets -€461
down €461 (-33.3%), from €1,383 to €922
of which Plant, machinery and equipment: -€1,383
- Receivables within one year -€78
down €78 (-2.4%), from €3,299 to €3,221
of which Other amounts receivable: -€258
- Other debts +€27,025
up €27,025 (+392.1%), from €6,893 to €33,918
- Contributions -€18,000
down €18,000 (-96.8%), from €18,600 to €600
- Profit (loss) carried forward -€6,730
down €6,730 (-29.5%), from -€22,825 to -€29,555
- Trade debts -€930
down €930 (-48.7%), from €1,909 to €979
- Gross operating margin -€13,740
down €13,740, from €7,817 to -€5,923
- Depreciation +€461
new in 2025: €461
- Financial income +€315
new in 2025: €315
- Financial charges -€154
down €154 (-77.8%), from €198 to €44
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,442 | €6,807 | +€1,365 | +25.1% |
| Fixed assets | 21/28 | €1,383 | €922 | -€461 | -33.3% |
| Tangible fixed assets | 22/27 | €1,383 | €922 | -€461 | -33.3% |
| Plant, machinery and equipment | 23 | €1,383 | - | -€1,383 | |
| Furniture and vehicles | 24 | - | €922 | +€922 | |
| Current assets | 29/58 | €4,059 | €5,885 | +€1,826 | +45.0% |
| Amounts receivable within one year | 40/41 | €3,299 | €3,221 | -€78 | -2.4% |
| Trade receivables | 40 | €1,688 | €1,868 | +€180 | +10.7% |
| Other amounts receivable | 41 | €1,611 | €1,353 | -€258 | -16.0% |
| Cash at bank and in hand | 54/58 | €760 | €2,664 | +€1,904 | +250.5% |
| Total equity and liabilities | 10/49 | €5,442 | €6,807 | +€1,365 | +25.1% |
| Equity | 10/15 | -€4,225 | -€28,955 | -€24,730 | -585.3% |
| Contributions | 10/11 | €18,600 | €600 | -€18,000 | -96.8% |
| Profit (loss) carried forward | 14 | -€22,825 | -€29,555 | -€6,730 | -29.5% |
| Amounts payable | 17/49 | €9,667 | €35,762 | +€26,095 | +269.9% |
| Amounts payable within one year | 42/48 | €9,667 | €35,762 | +€26,095 | +269.9% |
| Trade debts | 44 | €1,909 | €979 | -€930 | -48.7% |
| Suppliers | 440/4 | €1,909 | €979 | -€930 | -48.7% |
| Taxes, remuneration and social security | 45 | €865 | €865 | = | 0.0% |
| Taxes | 450/3 | €865 | €865 | = | 0.0% |
| Other amounts payable | 47/48 | €6,893 | €33,918 | +€27,025 | +392.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €461 | +€461 | |
| Other operating charges | 640/8 | €650 | €617 | -€33 | -5.1% |
| Gross operating margin | 9900 | €7,817 | -€5,923 | -€13,740 | |
| Operating profit (loss) | 9901 | €7,167 | -€7,001 | -€14,168 | |
| Financial income | 75/76B | - | €315 | +€315 | |
| Recurring financial income | 75 | - | €315 | +€315 | |
| Financial charges | 65/66B | €198 | €44 | -€154 | -77.8% |
| Recurring financial charges | 65 | €198 | €44 | -€154 | -77.8% |
| Profit (loss) for the period before taxes | 9903 | €6,969 | -€6,730 | -€13,699 | |
| Profit (loss) for the period | 9904 | €6,969 | -€6,730 | -€13,699 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,969 | -€6,730 | -€13,699 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.