U.S.R.: 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.S.R.
Largest movements
- Receivables within one year +€69,267
up €69,267 (+38.4%), from €180,358 to €249,624
of which Other amounts receivable: +€111,725
- Tangible fixed assets -€15,286
down €15,286 (-40.0%), from €38,217 to €22,931
of which Other tangible fixed assets: -€14,947
- Intangible fixed assets +€11,298
up €11,298 (+33.9%), from €33,368 to €44,666
- Reserves +€60,000
up €60,000 (+33.0%), from €182,092 to €242,092
of which Distributable reserves: +€62,092
- Tax, wage and social debts -€11,041
down €11,041 (-24.5%), from €45,021 to €33,981
of which Remuneration and social security: -€7,317
- Profit (loss) carried forward +€9,061
up €9,061 (+19.1%), from €47,497 to €56,558
- Trade debts +€6,066
up €6,066 (+161%), from €3,761 to €9,826
- Gross operating margin -€38,428
down €38,428 (-19.8%), from €194,167 to €155,739
- Staff costs -€26,740
down €26,740 (-45.4%), from €58,958 to €32,217
- Taxes -€8,177
down €8,177 (-23.4%), from €34,910 to €26,734
- Financial income +€2,678
up €2,678 (+510%), from €525 to €3,203
- Depreciation +€1,961
up €1,961 (+8.1%), from €24,097 to €26,058
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 | €295,991 | €362,895 | +€66,904 | +22.6% |
| Fixed assets | 21/28 | €97,085 | €93,097 | -€3,988 | -4.1% |
| Intangible fixed assets | 21 | €33,368 | €44,666 | +€11,298 | +33.9% |
| Tangible fixed assets | 22/27 | €38,217 | €22,931 | -€15,286 | -40.0% |
| Furniture and vehicles | 24 | €5,653 | €5,314 | -€339 | -6.0% |
| Other tangible fixed assets | 26 | €32,564 | €17,617 | -€14,947 | -45.9% |
| Financial fixed assets | 28 | €25,500 | €25,500 | = | 0.0% |
| Current assets | 29/58 | €198,906 | €269,798 | +€70,892 | +35.6% |
| Amounts receivable within one year | 40/41 | €180,358 | €249,624 | +€69,267 | +38.4% |
| Trade receivables | 40 | €42,458 | - | -€42,458 | |
| Other amounts receivable | 41 | €137,899 | €249,624 | +€111,725 | +81.0% |
| Cash at bank and in hand | 54/58 | €5,698 | €7,323 | +€1,625 | +28.5% |
| Deferred charges and accrued income | 490/1 | €12,850 | €12,850 | = | 0.0% |
| Total equity and liabilities | 10/49 | €295,991 | €362,895 | +€66,904 | +22.6% |
| Equity | 10/15 | €247,209 | €317,250 | +€70,041 | +28.3% |
| Contributions | 10/11 | €17,620 | €18,600 | +€980 | +5.6% |
| Contributions outside capital | 11 | €17,620 | €18,600 | +€980 | +5.6% |
| Other | 1109/19 | €17,620 | €18,600 | +€980 | +5.6% |
| Reserves | 13 | €182,092 | €242,092 | +€60,000 | +33.0% |
| Non-distributable reserves | 130/1 | €2,092 | - | -€2,092 | |
| Reserves not available under the articles | 1311 | €2,092 | - | -€2,092 | |
| Distributable reserves | 133 | €180,000 | €242,092 | +€62,092 | +34.5% |
| Profit (loss) carried forward | 14 | €47,497 | €56,558 | +€9,061 | +19.1% |
| Amounts payable | 17/49 | €48,782 | €45,645 | -€3,137 | -6.4% |
| Amounts payable within one year | 42/48 | €48,782 | €43,807 | -€4,975 | -10.2% |
| Trade debts | 44 | €3,761 | €9,826 | +€6,066 | +161% |
| Suppliers | 440/4 | €3,761 | €9,826 | +€6,066 | +161% |
| Taxes, remuneration and social security | 45 | €45,021 | €33,981 | -€11,041 | -24.5% |
| Taxes | 450/3 | €35,364 | €31,640 | -€3,724 | -10.5% |
| Remuneration and social security | 454/9 | €9,658 | €2,341 | -€7,317 | -75.8% |
| Accrued charges and deferred income | 492/3 | - | €1,838 | +€1,838 | |
| Remuneration, social security and pensions | 62 | €58,958 | €32,217 | -€26,740 | -45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,097 | €26,058 | +€1,961 | +8.1% |
| Other operating charges | 640/8 | €4,502 | €4,009 | -€493 | -11.0% |
| Gross operating margin | 9900 | €194,167 | €155,739 | -€38,428 | -19.8% |
| Operating profit (loss) | 9901 | €106,610 | €93,454 | -€13,156 | -12.3% |
| Financial income | 75/76B | €525 | €3,203 | +€2,678 | +510% |
| Recurring financial income | 75 | €525 | €3,203 | +€2,678 | +510% |
| Financial charges | 65/66B | €1,249 | €862 | -€388 | -31.0% |
| Recurring financial charges | 65 | €1,249 | €862 | -€388 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €105,885 | €95,795 | -€10,090 | -9.5% |
| Income taxes | 67/77 | €34,910 | €26,734 | -€8,177 | -23.4% |
| Profit (loss) for the period | 9904 | €70,975 | €69,061 | -€1,913 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €70,975 | €69,061 | -€1,913 | -2.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.