U.B.P.: what changed
U.B.P.
Largest movements
- Cash -€62,106
down €62,106 (-84.8%), from €73,225 to €11,119
mainly Other debts (-€53,729) and Debts after one year (-€16,886)
- Tangible fixed assets -€18,583
down €18,583 (-4.8%), from €389,585 to €371,002
- Other debts -€53,729
down €53,729 (-19.4%), from €276,437 to €222,708
- Debts after one year -€16,886
down €16,886 (-6.0%), from €281,328 to €264,441
- Profit (loss) carried forward -€8,925
down €8,925 (-6.4%), from -€139,001 to -€147,926
- Financial charges -€50,630
down €50,630 (-88.3%), from €57,362 to €6,732
of which Non-recurring financial charges: -€45,875
- Gross operating margin -€15,891
down €15,891 (-45.7%), from €34,793 to €18,902
- Other operating charges +€526
up €526 (+24.3%), from €2,164 to €2,690
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €465,203 | €385,442 | -€79,761 | -17.1% |
| Fixed assets | 21/28 | €389,585 | €371,002 | -€18,583 | -4.8% |
| Tangible fixed assets | 22/27 | €389,585 | €371,002 | -€18,583 | -4.8% |
| Land and buildings | 22 | €389,585 | €371,002 | -€18,583 | -4.8% |
| Current assets | 29/58 | €75,617 | €14,440 | -€61,177 | -80.9% |
| Amounts receivable within one year | 40/41 | €2,392 | €3,321 | +€929 | +38.8% |
| Trade receivables | 40 | €2,299 | €3,267 | +€968 | +42.1% |
| Other amounts receivable | 41 | €93 | €54 | -€39 | -42.3% |
| Cash at bank and in hand | 54/58 | €73,225 | €11,119 | -€62,106 | -84.8% |
| Total equity and liabilities | 10/49 | €465,203 | €385,442 | -€79,761 | -17.1% |
| Equity | 10/15 | -€116,659 | -€125,584 | -€8,925 | -7.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,142 | €16,142 | = | 0.0% |
| Distributable reserves | 133 | €16,142 | €16,142 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€139,001 | -€147,926 | -€8,925 | -6.4% |
| Amounts payable | 17/49 | €581,862 | €511,026 | -€70,835 | -12.2% |
| Amounts payable after more than one year | 17 | €281,328 | €264,441 | -€16,886 | -6.0% |
| Financial debts | 170/4 | €281,328 | €264,441 | -€16,886 | -6.0% |
| Amounts payable within one year | 42/48 | €300,534 | €246,585 | -€53,949 | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €16,518 | €16,886 | +€368 | +2.2% |
| Trade debts | 44 | €5,141 | €6,481 | +€1,340 | +26.1% |
| Suppliers | 440/4 | €5,141 | €6,481 | +€1,340 | +26.1% |
| Taxes, remuneration and social security | 45 | €2,438 | €510 | -€1,929 | -79.1% |
| Taxes | 450/3 | €2,438 | €510 | -€1,929 | -79.1% |
| Other amounts payable | 47/48 | €276,437 | €222,708 | -€53,729 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,583 | €18,583 | = | 0.0% |
| Other operating charges | 640/8 | €2,164 | €2,690 | +€526 | +24.3% |
| Gross operating margin | 9900 | €34,793 | €18,902 | -€15,891 | -45.7% |
| Operating profit (loss) | 9901 | €14,045 | -€2,372 | -€16,417 | |
| Financial income | 75/76B | €309 | €178 | -€131 | -42.3% |
| Recurring financial income | 75 | €309 | €178 | -€131 | -42.3% |
| Financial charges | 65/66B | €57,362 | €6,732 | -€50,630 | -88.3% |
| Recurring financial charges | 65 | €11,487 | €6,732 | -€4,756 | -41.4% |
| Non-recurring financial charges | 66B | €45,875 | €0 | -€45,875 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€43,008 | -€8,925 | +€34,082 | +79.2% |
| Profit (loss) for the period | 9904 | -€43,008 | -€8,925 | +€34,082 | +79.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,008 | -€8,925 | +€34,082 | +79.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.