Do Upkot: 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.
Do Upkot
Largest movements
- Receivables within one year -€1.0m
down €1.0m (-100%), from €1.0m to €0
- Tangible fixed assets -€142,254
down €142,254 (-3.3%), from €4.3m to €4.2m
of which Land and buildings: -€140,297
- Other debts -€945,000
down €945,000 (-23.8%), from €4.0m to €3.0m
- Provisions -€388,837
down €388,837 (-100%), from €388,837 to €0
- Reserves +€347,419
up €347,419 (+29.7%), from €1.2m to €1.5m
of which Tax-exempt reserves: +€347,419
- Profit (loss) carried forward -€170,831
down €170,831 (-81.4%), from -€209,954 to -€380,785
- Other operating charges +€58,271
up €58,271 (+3,432%), from €1,698 to €59,969
- Gross operating margin +€38,832
up €38,832 (+79.8%), from -€48,661 to -€9,829
- Depreciation +€3,258
up €3,258 (+2.4%), from €137,809 to €141,066
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,393,515 | €4,185,687 | -€1.2m | -22.4% |
| Fixed assets | 21/28 | €4,318,770 | €4,176,517 | -€142,254 | -3.3% |
| Tangible fixed assets | 22/27 | €4,318,770 | €4,176,517 | -€142,254 | -3.3% |
| Land and buildings | 22 | €4,316,814 | €4,176,517 | -€140,297 | -3.3% |
| Furniture and vehicles | 24 | €1,956 | €0 | -€1,956 | -100% |
| Current assets | 29/58 | €1,074,745 | €9,170 | -€1.1m | -99.1% |
| Amounts receivable within one year | 40/41 | €1,038,850 | €0 | -€1.0m | -100% |
| Other amounts receivable | 41 | €1,038,850 | €0 | -€1.0m | -100% |
| Cash at bank and in hand | 54/58 | €27,739 | €9,170 | -€18,569 | -66.9% |
| Deferred charges and accrued income | 490/1 | €8,156 | €0 | -€8,156 | -100% |
| Total equity and liabilities | 10/49 | €5,393,515 | €4,185,687 | -€1.2m | -22.4% |
| Equity | 10/15 | €980,454 | €1,157,043 | +€176,588 | +18.0% |
| Contributions | 10/11 | €21,726 | €21,726 | = | 0.0% |
| Reserves | 13 | €1,168,683 | €1,516,102 | +€347,419 | +29.7% |
| Non-distributable reserves | 130/1 | €2,173 | €2,173 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,173 | €2,173 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,166,510 | €1,513,930 | +€347,419 | +29.8% |
| Profit (loss) carried forward | 14 | -€209,954 | -€380,785 | -€170,831 | -81.4% |
| Provisions and deferred taxes | 16 | €388,837 | €0 | -€388,837 | -100% |
| Deferred taxes | 168 | €388,837 | €0 | -€388,837 | -100% |
| Amounts payable | 17/49 | €4,024,224 | €3,028,644 | -€995,580 | -24.7% |
| Amounts payable within one year | 42/48 | €4,022,724 | €3,027,894 | -€994,830 | -24.7% |
| Trade debts | 44 | €49,830 | €0 | -€49,830 | -100% |
| Suppliers | 440/4 | €49,830 | €0 | -€49,830 | -100% |
| Other amounts payable | 47/48 | €3,972,894 | €3,027,894 | -€945,000 | -23.8% |
| Accrued charges and deferred income | 492/3 | €1,500 | €750 | -€750 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137,809 | €141,066 | +€3,258 | +2.4% |
| Other operating charges | 640/8 | €1,698 | €59,969 | +€58,271 | +3,432% |
| Non-recurring operating charges | 66A | €6,600 | €1,187 | -€5,413 | -82.0% |
| Gross operating margin | 9900 | -€48,661 | -€9,829 | +€38,832 | +79.8% |
| Operating profit (loss) | 9901 | -€194,768 | -€212,051 | -€17,283 | -8.9% |
| Financial income | 75/76B | €19 | €21 | +€2 | +12.0% |
| Recurring financial income | 75 | €19 | €21 | +€2 | +12.0% |
| Financial charges | 65/66B | €187 | €218 | +€31 | +16.8% |
| Recurring financial charges | 65 | €187 | €218 | +€31 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | -€194,936 | -€212,248 | -€17,312 | -8.9% |
| Transfer from deferred taxes | 780 | €10,354 | €31,063 | +€20,709 | +200% |
| Profit (loss) for the period | 9904 | -€184,582 | -€181,185 | +€3,397 | +1.8% |
| Transfer from tax-exempt reserves | 789 | €31,063 | €10,354 | -€20,709 | -66.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€153,519 | -€170,831 | -€17,312 | -11.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.