CUW: 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.
CUW
Largest movements
- Cash +€6,001
up €6,001 (+40.0%), from €15,007 to €21,008
mainly Depreciation (+€4,524) and Net result for the year (+€2,444)
- Tangible fixed assets -€4,025
down €4,025 (-2.1%), from €191,307 to €187,282
of which Land and buildings: -€4,195
- Profit (loss) carried forward +€2,444
up €2,444 (+18.1%), from -€13,515 to -€11,071
- Gross operating margin +€5,266
up €5,266 (+79.0%), from €6,665 to €11,931
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 | €208,037 | €210,014 | +€1,977 | +1.0% |
| Fixed assets | 21/28 | €191,307 | €187,282 | -€4,025 | -2.1% |
| Tangible fixed assets | 22/27 | €191,307 | €187,282 | -€4,025 | -2.1% |
| Land and buildings | 22 | €187,337 | €183,142 | -€4,195 | -2.2% |
| Plant, machinery and equipment | 23 | €3,970 | €4,141 | +€171 | +4.3% |
| Current assets | 29/58 | €16,730 | €22,731 | +€6,001 | +35.9% |
| Cash at bank and in hand | 54/58 | €15,007 | €21,008 | +€6,001 | +40.0% |
| Deferred charges and accrued income | 490/1 | €1,723 | €1,723 | = | 0.0% |
| Total equity and liabilities | 10/49 | €208,037 | €210,014 | +€1,977 | +1.0% |
| Equity | 10/15 | €161,744 | €164,188 | +€2,444 | +1.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €150,259 | €150,259 | = | 0.0% |
| Distributable reserves | 133 | €150,259 | €150,259 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,515 | -€11,071 | +€2,444 | +18.1% |
| Amounts payable | 17/49 | €46,293 | €45,826 | -€467 | -1.0% |
| Amounts payable within one year | 42/48 | €45,343 | €44,876 | -€467 | -1.0% |
| Trade debts | 44 | €6,265 | €5,903 | -€362 | -5.8% |
| Suppliers | 440/4 | €6,265 | €5,903 | -€362 | -5.8% |
| Other amounts payable | 47/48 | €39,078 | €38,973 | -€105 | -0.3% |
| Accrued charges and deferred income | 492/3 | €950 | €950 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,515 | €4,524 | +€8 | +0.2% |
| Other operating charges | 640/8 | €4,814 | €4,814 | -€0 | 0.0% |
| Gross operating margin | 9900 | €6,665 | €11,931 | +€5,266 | +79.0% |
| Operating profit (loss) | 9901 | -€2,664 | €2,594 | +€5,258 | |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,799 | €2,444 | +€5,243 | |
| Profit (loss) for the period | 9904 | -€2,799 | €2,444 | +€5,243 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,799 | €2,444 | +€5,243 |
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 29 September 2026 via checked.be.