TECHNIC CENTER ULRIX: 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.
What changed
TECHNIC CENTER ULRIX
NACE 95.311, General maintenance and repair of cars and light vans (up to 3.5 tonnes)
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€72,880
2024 · €28,387+€44,493
Equity
€186,811
2024 · €113,931+€72,880
Cash
€10,637
2024 · €7,260+€3,377
Balance sheet total
€1.6m
2024 · €1.1m+€535,310
Largest movements
Assets
- Tangible fixed assets +€535,510
up €535,510 (+50.8%), from €1.1m to €1.6m
Equity and liabilities
- Debts after one year +€478,765
up €478,765 (+87.7%), from €545,833 to €1.0m
- Profit (loss) carried forward +€72,880
up €72,880 (+1854.1%), from €3,931 to €76,811
- Current portion of long-term debt +€27,990
up €27,990 (+13.8%), from €202,162 to €230,152
- Trade debts -€25,097
down €25,097 (-94.1%), from €26,658 to €1,561
Income statement
- Gross operating margin +€50,812
up €50,812 (+34.2%), from €148,768 to €199,580
- Depreciation +€3,175
up €3,175 (+4.2%), from €75,203 to €78,378
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.
Result 2024
€28,387
Gross operating margin
+€50,812
Depreciation
-€3,175
Other operating charges
-€498
Financial income
-€999
Financial charges
-€1,645
Result 2025
€72,880
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.
From operations
+€110,510
Investment
-€613,888
Financing
+€506,755
Cash 2024
€7,260
From operations (derived)
+€110,510
Net result for the year
+€72,880
Depreciation
+€78,378
Receivables within one year
+€3,269
Smaller working-capital items
-€1,002
Trade debts
-€25,097
Tax, wage and social debts
-€6,203
Advances received
-€11,716
Investment (derived)
-€613,888
Investment in fixed assets (net)
-€613,888
Financing
+€506,755
Debts after one year
+€478,765
Current portion of long-term debt
+€27,990
Cash 2025
€10,637
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,072,331 | €1,607,642 | +€535,310 | +49.9% |
| Fixed assets | 21/28 | €1,053,680 | €1,589,190 | +€535,510 | +50.8% |
| Tangible fixed assets | 22/27 | €1,053,680 | €1,589,190 | +€535,510 | +50.8% |
| Land and buildings | 22 | €1,053,680 | €1,589,190 | +€535,510 | +50.8% |
| Current assets | 29/58 | €18,652 | €18,452 | -€200 | -1.1% |
| Amounts receivable within one year | 40/41 | €10,594 | €7,325 | -€3,269 | -30.9% |
| Trade receivables | 40 | €10,080 | €6,810 | -€3,270 | -32.4% |
| Other amounts receivable | 41 | €515 | €515 | +€0 | +0.1% |
| Cash at bank and in hand | 54/58 | €7,260 | €10,637 | +€3,377 | +46.5% |
| Deferred charges and accrued income | 490/1 | €798 | €491 | -€307 | -38.4% |
| Total equity and liabilities | 10/49 | €1,072,331 | €1,607,642 | +€535,310 | +49.9% |
| Equity | 10/15 | €113,931 | €186,811 | +€72,880 | +64.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,931 | €76,811 | +€72,880 | +1854.1% |
| Amounts payable | 17/49 | €958,401 | €1,420,831 | +€462,430 | +48.3% |
| Amounts payable after more than one year | 17 | €545,833 | €1,024,598 | +€478,765 | +87.7% |
| Financial debts | 170/4 | €545,833 | €1,024,598 | +€478,765 | +87.7% |
| Amounts payable within one year | 42/48 | €412,568 | €396,233 | -€16,335 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €202,162 | €230,152 | +€27,990 | +13.8% |
| Trade debts | 44 | €26,658 | €1,561 | -€25,097 | -94.1% |
| Suppliers | 440/4 | €26,658 | €1,561 | -€25,097 | -94.1% |
| Advances received on contracts in progress | 46 | €12,416 | €700 | -€11,716 | -94.4% |
| Taxes, remuneration and social security | 45 | €29,242 | €23,039 | -€6,203 | -21.2% |
| Taxes | 450/3 | €1,742 | €3,039 | +€1,297 | +74.5% |
| Remuneration and social security | 454/9 | €27,500 | €20,000 | -€7,500 | -27.3% |
| Other amounts payable | 47/48 | €142,090 | €140,782 | -€1,309 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,203 | €78,378 | +€3,175 | +4.2% |
| Other operating charges | 640/8 | €19,350 | €19,848 | +€498 | +2.6% |
| Gross operating margin | 9900 | €148,768 | €199,580 | +€50,812 | +34.2% |
| Operating profit (loss) | 9901 | €54,216 | €101,354 | +€47,138 | +86.9% |
| Financial income | 75/76B | €1,000 | €1 | -€999 | -99.9% |
| Recurring financial income | 75 | €1,000 | €1 | -€999 | -99.9% |
| Financial charges | 65/66B | €26,829 | €28,474 | +€1,645 | +6.1% |
| Recurring financial charges | 65 | €26,829 | €28,474 | +€1,645 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €28,387 | €72,880 | +€44,493 | +156.7% |
| Profit (loss) for the period | 9904 | €28,387 | €72,880 | +€44,493 | +156.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,387 | €72,880 | +€44,493 | +156.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.