2UPGRADE GAMING: 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.
2UPGRADE GAMING
Largest movements
- Receivables within one year -€3,228
no longer reported in 2025 (was €3,228)
of which Other amounts receivable: -€3,220
- Cash -€2,580
down €2,580 (-70.4%), from €3,662 to €1,083
mainly Debts after one year (-€3,717) and Net result for the year (-€1,838)
- Stocks and contracts +€1,423
new in 2025: €1,423
- Debts after one year -€3,717
down €3,717 (-85.6%), from €4,343 to €626
- Profit (loss) carried forward -€1,838
down €1,838 (-19.9%), from -€9,246 to -€11,084
- Trade debts +€779
up €779 (+3103.4%), from €25 to €804
- Tax, wage and social debts +€202
new in 2025: €202
- Other debts +€124
up €124 (+11.1%), from €1,116 to €1,240
- Gross operating margin +€791
up €791 (+73.8%), from -€1,071 to -€281
- Other operating charges +€645
up €645 (+133.8%), from €482 to €1,128
- Financial charges +€59
up €59 (+15.9%), from €370 to €429
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 | €6,890 | €2,505 | -€4,385 | -63.6% |
| Current assets | 29/58 | €6,890 | €2,505 | -€4,385 | -63.6% |
| Stocks and contracts in progress | 3 | - | €1,423 | +€1,423 | |
| Stocks | 30/36 | - | €1,423 | +€1,423 | |
| Amounts receivable within one year | 40/41 | €3,228 | - | -€3,228 | |
| Trade receivables | 40 | €8 | - | -€8 | |
| Other amounts receivable | 41 | €3,220 | - | -€3,220 | |
| Cash at bank and in hand | 54/58 | €3,662 | €1,083 | -€2,580 | -70.4% |
| Total equity and liabilities | 10/49 | €6,890 | €2,505 | -€4,385 | -63.6% |
| Equity | 10/15 | -€2,246 | -€4,084 | -€1,838 | -81.8% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,246 | -€11,084 | -€1,838 | -19.9% |
| Amounts payable | 17/49 | €9,136 | €6,589 | -€2,547 | -27.9% |
| Amounts payable after more than one year | 17 | €4,343 | €626 | -€3,717 | -85.6% |
| Financial debts | 170/4 | €4,343 | €626 | -€3,717 | -85.6% |
| Amounts payable within one year | 42/48 | €4,793 | €5,963 | +€1,170 | +24.4% |
| Current portion of amounts payable after more than one year | 42 | €3,652 | €3,717 | +€65 | +1.8% |
| Trade debts | 44 | €25 | €804 | +€779 | +3103.4% |
| Suppliers | 440/4 | €25 | €804 | +€779 | +3103.4% |
| Taxes, remuneration and social security | 45 | - | €202 | +€202 | |
| Taxes | 450/3 | - | €202 | +€202 | |
| Other amounts payable | 47/48 | €1,116 | €1,240 | +€124 | +11.1% |
| Other operating charges | 640/8 | €482 | €1,128 | +€645 | +133.8% |
| Gross operating margin | 9900 | -€1,071 | -€281 | +€791 | +73.8% |
| Operating profit (loss) | 9901 | -€1,554 | -€1,409 | +€145 | +9.3% |
| Financial charges | 65/66B | €370 | €429 | +€59 | +15.9% |
| Recurring financial charges | 65 | €370 | €429 | +€59 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,924 | -€1,838 | +€86 | +4.5% |
| Profit (loss) for the period | 9904 | -€1,924 | -€1,838 | +€86 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,924 | -€1,838 | +€86 | +4.5% |
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 4 October 2026 via checked.be.