AGENCE ULTIMMO: 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.
AGENCE ULTIMMO
Largest movements
- Stocks and contracts -€493,000
no longer reported in 2025 (was €493,000)
- Receivables within one year -€23,343
down €23,343 (-41.5%), from €56,259 to €32,915
of which Trade receivables: -€27,854
- Cash +€13,075
up €13,075 (+77.8%), from €16,813 to €29,888
mainly Stocks and contracts (+€493,000) and Net result for the year (+€52,606)
- Tangible fixed assets -€13,018
down €13,018 (-13.4%), from €97,272 to €84,254
of which Furniture and vehicles: -€9,309
- Intangible fixed assets -€9,375
down €9,375 (-50.0%), from €18,750 to €9,375
- Other debts -€536,223
down €536,223 (-93.4%), from €573,828 to €37,606
- Profit (loss) carried forward +€52,606
up €52,606 (+68.4%), from -€76,941 to -€24,335
- Trade debts -€42,633
down €42,633 (-97.3%), from €43,812 to €1,178
- Other operating charges -€30,352
down €30,352 (-79.3%), from €38,272 to €7,920
- Staff costs -€30,022
down €30,022 (-11.7%), from €256,616 to €226,594
- Gross operating margin +€20,001
up €20,001 (+6.9%), from €288,892 to €308,893
- Financial charges -€6,156
down €6,156 (-96.4%), from €6,383 to €228
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 | €685,138 | €157,854 | -€527,284 | -77.0% |
| Fixed assets | 21/28 | €118,722 | €93,629 | -€25,093 | -21.1% |
| Intangible fixed assets | 21 | €18,750 | €9,375 | -€9,375 | -50.0% |
| Tangible fixed assets | 22/27 | €97,272 | €84,254 | -€13,018 | -13.4% |
| Land and buildings | 22 | €75,403 | €71,694 | -€3,709 | -4.9% |
| Furniture and vehicles | 24 | €21,869 | €12,560 | -€9,309 | -42.6% |
| Financial fixed assets | 28 | €2,700 | - | -€2,700 | |
| Current assets | 29/58 | €566,416 | €64,225 | -€502,191 | -88.7% |
| Stocks and contracts in progress | 3 | €493,000 | - | -€493,000 | |
| Stocks | 30/36 | €493,000 | - | -€493,000 | |
| Amounts receivable within one year | 40/41 | €56,259 | €32,915 | -€23,343 | -41.5% |
| Trade receivables | 40 | €41,774 | €13,920 | -€27,854 | -66.7% |
| Other amounts receivable | 41 | €14,485 | €18,996 | +€4,511 | +31.1% |
| Cash at bank and in hand | 54/58 | €16,813 | €29,888 | +€13,075 | +77.8% |
| Deferred charges and accrued income | 490/1 | €344 | €1,422 | +€1,078 | +313% |
| Total equity and liabilities | 10/49 | €685,138 | €157,854 | -€527,284 | -77.0% |
| Equity | 10/15 | €40,965 | €93,572 | +€52,606 | +128% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €99,307 | €99,307 | = | 0.0% |
| Distributable reserves | 133 | €99,307 | €99,307 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,941 | -€24,335 | +€52,606 | +68.4% |
| Amounts payable | 17/49 | €644,173 | €64,283 | -€579,890 | -90.0% |
| Amounts payable within one year | 42/48 | €644,173 | €64,283 | -€579,890 | -90.0% |
| Trade debts | 44 | €43,812 | €1,178 | -€42,633 | -97.3% |
| Suppliers | 440/4 | €43,812 | €1,178 | -€42,633 | -97.3% |
| Taxes, remuneration and social security | 45 | €26,532 | €25,499 | -€1,034 | -3.9% |
| Taxes | 450/3 | €2,390 | €440 | -€1,950 | -81.6% |
| Remuneration and social security | 454/9 | €24,143 | €25,059 | +€916 | +3.8% |
| Other amounts payable | 47/48 | €573,828 | €37,606 | -€536,223 | -93.4% |
| Remuneration, social security and pensions | 62 | €256,616 | €226,594 | -€30,022 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,618 | €21,168 | -€450 | -2.1% |
| Other operating charges | 640/8 | €38,272 | €7,920 | -€30,352 | -79.3% |
| Gross operating margin | 9900 | €288,892 | €308,893 | +€20,001 | +6.9% |
| Operating profit (loss) | 9901 | -€27,614 | €53,212 | +€80,826 | |
| Financial income | 75/76B | €0 | €62 | +€62 | |
| Recurring financial income | 75 | €0 | €62 | +€62 | |
| Financial charges | 65/66B | €6,383 | €228 | -€6,156 | -96.4% |
| Recurring financial charges | 65 | €6,383 | €228 | -€6,156 | -96.4% |
| Profit (loss) for the period before taxes | 9903 | -€33,998 | €53,046 | +€87,044 | |
| Income taxes | 67/77 | €572 | €440 | -€132 | -23.1% |
| Profit (loss) for the period | 9904 | -€34,570 | €52,606 | +€87,176 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,570 | €52,606 | +€87,176 |
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.