Dr. Uijttewaal: 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.
Dr. Uijttewaal
Largest movements
- Tangible fixed assets -€18,240
down €18,240 (-79.9%), from €22,837 to €4,598
of which Furniture and vehicles: -€17,745
- Current investments +€6,937
up €6,937 (+33.5%), from €20,687 to €27,623
- Receivables within one year +€4,280
up €4,280 (+3.9%), from €108,870 to €113,150
of which Other amounts receivable: +€112,971
- Tax, wage and social debts +€26,899
up €26,899 (+1,415%), from €1,901 to €28,800
- Other debts -€17,211
down €17,211 (-7.4%), from €231,529 to €214,318
- Current portion of long-term debt -€14,394
no longer reported in 2025 (was €14,394)
- Financial income +€26,007
up €26,007 (+2,064%), from €1,260 to €27,268
- Gross operating margin -€18,151
down €18,151 (-5.6%), from €321,952 to €303,801
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 | €267,066 | €262,673 | -€4,393 | -1.6% |
| Fixed assets | 21/28 | €22,837 | €4,598 | -€18,240 | -79.9% |
| Tangible fixed assets | 22/27 | €22,837 | €4,598 | -€18,240 | -79.9% |
| Plant, machinery and equipment | 23 | €587 | €92 | -€495 | -84.3% |
| Furniture and vehicles | 24 | €22,250 | €4,506 | -€17,745 | -79.7% |
| Current assets | 29/58 | €244,229 | €258,075 | +€13,846 | +5.7% |
| Amounts receivable within one year | 40/41 | €108,870 | €113,150 | +€4,280 | +3.9% |
| Trade receivables | 40 | €108,691 | - | -€108,691 | |
| Other amounts receivable | 41 | €179 | €113,150 | +€112,971 | +62,985% |
| Current investments | 50/53 | €20,687 | €27,623 | +€6,937 | +33.5% |
| Cash at bank and in hand | 54/58 | €114,672 | €117,302 | +€2,629 | +2.3% |
| Total equity and liabilities | 10/49 | €267,066 | €262,673 | -€4,393 | -1.6% |
| Equity | 10/15 | €18,718 | €18,959 | +€241 | +1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €118 | - | -€118 | |
| Distributable reserves | 133 | €118 | - | -€118 | |
| Profit (loss) carried forward | 14 | - | €359 | +€359 | |
| Amounts payable | 17/49 | €248,348 | €243,714 | -€4,634 | -1.9% |
| Amounts payable within one year | 42/48 | €248,348 | €243,714 | -€4,634 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €14,394 | - | -€14,394 | |
| Trade debts | 44 | €524 | €596 | +€72 | +13.8% |
| Suppliers | 440/4 | €524 | €596 | +€72 | +13.8% |
| Taxes, remuneration and social security | 45 | €1,901 | €28,800 | +€26,899 | +1,415% |
| Taxes | 450/3 | €1,901 | €28,800 | +€26,899 | +1,415% |
| Other amounts payable | 47/48 | €231,529 | €214,318 | -€17,211 | -7.4% |
| Remuneration, social security and pensions | 62 | - | €215 | +€215 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,252 | €18,240 | -€12 | -0.1% |
| Other operating charges | 640/8 | €699 | €779 | +€80 | +11.5% |
| Gross operating margin | 9900 | €321,952 | €303,801 | -€18,151 | -5.6% |
| Operating profit (loss) | 9901 | €303,000 | €284,567 | -€18,433 | -6.1% |
| Financial income | 75/76B | €1,260 | €27,268 | +€26,007 | +2,064% |
| Recurring financial income | 75 | €1,260 | €27,268 | +€26,007 | +2,064% |
| Financial charges | 65/66B | €837 | €294 | -€543 | -64.9% |
| Recurring financial charges | 65 | €837 | €294 | -€543 | -64.9% |
| Profit (loss) for the period before taxes | 9903 | €303,424 | €311,541 | +€8,117 | +2.7% |
| Income taxes | 67/77 | €71,895 | €71,800 | -€95 | -0.1% |
| Profit (loss) for the period | 9904 | €231,529 | €239,741 | +€8,212 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €231,529 | €239,741 | +€8,212 | +3.5% |
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 13 October 2026 via checked.be.