U-Glas: 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.
U-Glas
Largest movements
- Receivables within one year +€4,917
up €4,917 (+20.7%), from €23,805 to €28,721
of which Other amounts receivable: +€6,173
- Stocks and contracts +€1,070
up €1,070 (+89.4%), from €1,197 to €2,267
of which Stocks: +€1,023
- Tangible fixed assets -€757
down €757 (-43.5%), from €1,742 to €985
- Other debts +€22,100
new in 2025: €22,100
- Profit (loss) carried forward -€15,697
down €15,697 (-97.7%), from €16,063 to €365
- Trade debts -€3,744
down €3,744 (-75.3%), from €4,972 to €1,227
- Current portion of long-term debt +€1,703
new in 2025: €1,703
- Tax, wage and social debts +€1,658
up €1,658 (+33.0%), from €5,027 to €6,684
of which Taxes: +€4,018
- Gross operating margin +€9,833
up €9,833 (+130%), from €7,593 to €17,427
- Taxes +€2,118
up €2,118 (+182%), from €1,167 to €3,284
- Other operating charges -€598
down €598 (-21.7%), from €2,752 to €2,154
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 | €30,430 | €36,080 | +€5,650 | +18.6% |
| Fixed assets | 21/28 | €1,742 | €985 | -€757 | -43.5% |
| Tangible fixed assets | 22/27 | €1,742 | €985 | -€757 | -43.5% |
| Furniture and vehicles | 24 | €1,742 | €985 | -€757 | -43.5% |
| Current assets | 29/58 | €28,687 | €35,095 | +€6,408 | +22.3% |
| Stocks and contracts in progress | 3 | €1,197 | €2,267 | +€1,070 | +89.4% |
| Stocks | 30/36 | €300 | €1,322 | +€1,023 | +341% |
| Contracts in progress | 37 | €898 | €945 | +€47 | +5.3% |
| Amounts receivable within one year | 40/41 | €23,805 | €28,721 | +€4,917 | +20.7% |
| Trade receivables | 40 | €3,749 | €2,492 | -€1,256 | -33.5% |
| Other amounts receivable | 41 | €20,056 | €26,229 | +€6,173 | +30.8% |
| Cash at bank and in hand | 54/58 | €3,509 | €3,648 | +€138 | +3.9% |
| Deferred charges and accrued income | 490/1 | €176 | €459 | +€283 | +161% |
| Total equity and liabilities | 10/49 | €30,430 | €36,080 | +€5,650 | +18.6% |
| Equity | 10/15 | €20,063 | €4,365 | -€15,697 | -78.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,063 | €365 | -€15,697 | -97.7% |
| Amounts payable | 17/49 | €10,367 | €31,715 | +€21,348 | +206% |
| Amounts payable within one year | 42/48 | €9,998 | €31,715 | +€21,716 | +217% |
| Current portion of amounts payable after more than one year | 42 | - | €1,703 | +€1,703 | |
| Trade debts | 44 | €4,972 | €1,227 | -€3,744 | -75.3% |
| Suppliers | 440/4 | €4,972 | €1,227 | -€3,744 | -75.3% |
| Taxes, remuneration and social security | 45 | €5,027 | €6,684 | +€1,658 | +33.0% |
| Taxes | 450/3 | €2,667 | €6,684 | +€4,018 | +151% |
| Remuneration and social security | 454/9 | €2,360 | - | -€2,360 | |
| Other amounts payable | 47/48 | - | €22,100 | +€22,100 | |
| Accrued charges and deferred income | 492/3 | €369 | - | -€369 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €757 | €757 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,752 | €2,154 | -€598 | -21.7% |
| Gross operating margin | 9900 | €7,593 | €17,427 | +€9,833 | +130% |
| Operating profit (loss) | 9901 | €4,084 | €14,515 | +€10,431 | +255% |
| Financial income | 75/76B | €4 | €7 | +€3 | +71.5% |
| Recurring financial income | 75 | €4 | €7 | +€3 | +71.5% |
| Financial charges | 65/66B | €1,043 | €935 | -€108 | -10.4% |
| Recurring financial charges | 65 | €1,043 | €935 | -€108 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €3,045 | €13,587 | +€10,542 | +346% |
| Income taxes | 67/77 | €1,167 | €3,284 | +€2,118 | +182% |
| Profit (loss) for the period | 9904 | €1,878 | €10,303 | +€8,424 | +449% |
| Profit (loss) for the period to be appropriated | 9905 | €1,878 | €10,303 | +€8,424 | +449% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.