DOMIEN ULBURGHS: 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.
DOMIEN ULBURGHS
Largest movements
- Cash +€30,974
up €30,974 (+189%), from €16,348 to €47,322
mainly Net result for the year (+€30,521) and Receivables within one year (+€4,924)
- Receivables within one year -€4,924
down €4,924 (-91.4%), from €5,389 to €465
- Tangible fixed assets +€1,862
up €1,862 (+186%), from €999 to €2,861
- Reserves +€30,521
up €30,521 (+236%), from €12,942 to €43,463
- Tax, wage and social debts -€3,051
down €3,051 (-51.1%), from €5,975 to €2,924
of which Remuneration and social security: -€2,009
- Gross operating margin +€23,420
up €23,420 (+120%), from €19,466 to €42,886
- Taxes +€4,390
up €4,390 (+124%), from €3,535 to €7,924
- Financial charges +€1,405
up €1,405 (+59.2%), from €2,373 to €3,778
- Depreciation +€431
up €431 (+326%), from €132 to €563
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 | €22,736 | €50,648 | +€27,913 | +123% |
| Fixed assets | 21/28 | €999 | €2,861 | +€1,862 | +186% |
| Tangible fixed assets | 22/27 | €999 | €2,861 | +€1,862 | +186% |
| Plant, machinery and equipment | 23 | €999 | €2,861 | +€1,862 | +186% |
| Current assets | 29/58 | €21,737 | €47,787 | +€26,051 | +120% |
| Amounts receivable within one year | 40/41 | €5,389 | €465 | -€4,924 | -91.4% |
| Other amounts receivable | 41 | €5,389 | €465 | -€4,924 | -91.4% |
| Cash at bank and in hand | 54/58 | €16,348 | €47,322 | +€30,974 | +189% |
| Total equity and liabilities | 10/49 | €22,736 | €50,648 | +€27,913 | +123% |
| Equity | 10/15 | €15,942 | €46,463 | +€30,521 | +191% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,942 | €43,463 | +€30,521 | +236% |
| Distributable reserves | 133 | €12,942 | €43,463 | +€30,521 | +236% |
| Amounts payable | 17/49 | €6,794 | €4,186 | -€2,609 | -38.4% |
| Amounts payable within one year | 42/48 | €6,794 | €4,186 | -€2,609 | -38.4% |
| Trade debts | 44 | €819 | €974 | +€155 | +19.0% |
| Suppliers | 440/4 | €819 | €974 | +€155 | +19.0% |
| Taxes, remuneration and social security | 45 | €5,975 | €2,924 | -€3,051 | -51.1% |
| Taxes | 450/3 | €3,966 | €2,924 | -€1,042 | -26.3% |
| Remuneration and social security | 454/9 | €2,009 | - | -€2,009 | |
| Other amounts payable | 47/48 | - | €287 | +€287 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132 | €563 | +€431 | +326% |
| Other operating charges | 640/8 | €484 | €147 | -€337 | -69.6% |
| Gross operating margin | 9900 | €19,466 | €42,886 | +€23,420 | +120% |
| Operating profit (loss) | 9901 | €18,849 | €42,176 | +€23,326 | +124% |
| Financial income | 75/76B | - | €48 | +€48 | |
| Recurring financial income | 75 | - | €48 | +€48 | |
| Financial charges | 65/66B | €2,373 | €3,778 | +€1,405 | +59.2% |
| Recurring financial charges | 65 | €2,373 | €3,778 | +€1,405 | +59.2% |
| Profit (loss) for the period before taxes | 9903 | €16,476 | €38,446 | +€21,969 | +133% |
| Income taxes | 67/77 | €3,535 | €7,924 | +€4,390 | +124% |
| Profit (loss) for the period | 9904 | €12,942 | €30,521 | +€17,580 | +136% |
| Profit (loss) for the period to be appropriated | 9905 | €12,942 | €30,521 | +€17,580 | +136% |
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 25 October 2026 via checked.be.