U - Tek: 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 - Tek
Largest movements
- Cash -€26,187
down €26,187 (-69.5%), from €37,671 to €11,485
mainly Net result for the year (-€20,582) and Current portion of long-term debt (-€4,733)
- Tangible fixed assets -€5,745
down €5,745 (-17.9%), from €32,162 to €26,417
of which Other tangible fixed assets: -€4,330
- Receivables within one year +€4,060
up €4,060 (+862.3%), from €471 to €4,531
of which Other amounts receivable: +€4,060
- Profit (loss) carried forward -€20,582
down €20,582 (-54.7%), from -€37,612 to -€58,194
- Current portion of long-term debt -€4,733
down €4,733 (-100.0%), from €4,733 to €0
- Trade debts -€2,002
down €2,002 (-92.8%), from €2,158 to €156
- Gross operating margin +€17,997
up €17,997 (+55.4%), from -€32,475 to -€14,478
- Financial income -€2,550
down €2,550 (-89.8%), from €2,840 to €290
of which Non-recurring financial income: -€2,771
- Taxes -€469
down €469 (-100.0%), from €469 to €0
- Depreciation -€464
down €464 (-7.5%), from €6,209 to €5,745
- Financial charges -€437
down €437 (-62.5%), from €699 to €262
of which Financial charges: -€437
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,304 | €42,433 | -€27,871 | -39.6% |
| Fixed assets | 21/28 | €32,162 | €26,417 | -€5,745 | -17.9% |
| Tangible fixed assets | 22/27 | €32,162 | €26,417 | -€5,745 | -17.9% |
| Furniture and vehicles | 24 | €1,579 | €164 | -€1,415 | -89.6% |
| Other tangible fixed assets | 26 | €30,583 | €26,253 | -€4,330 | -14.2% |
| Current assets | 29/58 | €38,142 | €16,016 | -€22,126 | -58.0% |
| Amounts receivable within one year | 40/41 | €471 | €4,531 | +€4,060 | +862.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €471 | €4,531 | +€4,060 | +862.3% |
| Cash at bank and in hand | 54/58 | €37,671 | €11,485 | -€26,187 | -69.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €70,304 | €42,433 | -€27,871 | -39.6% |
| Equity | 10/15 | €62,597 | €42,015 | -€20,582 | -32.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €87,809 | €87,809 | = | 0.0% |
| Distributable reserves | 133 | €87,809 | €87,809 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,612 | -€58,194 | -€20,582 | -54.7% |
| Amounts payable | 17/49 | €7,708 | €418 | -€7,290 | -94.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €7,323 | €418 | -€6,905 | -94.3% |
| Current portion of amounts payable after more than one year | 42 | €4,733 | €0 | -€4,733 | -100.0% |
| Trade debts | 44 | €2,158 | €156 | -€2,002 | -92.8% |
| Suppliers | 440/4 | €2,158 | €156 | -€2,002 | -92.8% |
| Taxes, remuneration and social security | 45 | €262 | €262 | = | 0.0% |
| Taxes | 450/3 | €262 | €262 | = | 0.0% |
| Other amounts payable | 47/48 | €170 | €0 | -€170 | -100.0% |
| Accrued charges and deferred income | 492/3 | €384 | €0 | -€384 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,209 | €5,745 | -€464 | -7.5% |
| Other operating charges | 640/8 | €601 | €387 | -€214 | -35.6% |
| Gross operating margin | 9900 | -€32,475 | -€14,478 | +€17,997 | +55.4% |
| Operating profit (loss) | 9901 | -€39,285 | -€20,610 | +€18,675 | +47.5% |
| Financial income | 75/76B | €2,840 | €290 | -€2,550 | -89.8% |
| Recurring financial income | 75 | €70 | €290 | +€221 | +316.3% |
| Non-recurring financial income | 76B | €2,771 | €0 | -€2,771 | -100.0% |
| Financial charges | 65/66B | €699 | €262 | -€437 | -62.5% |
| Recurring financial charges | 65 | €699 | €262 | -€437 | -62.5% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€37,143 | -€20,582 | +€16,561 | +44.6% |
| Income taxes | 67/77 | €469 | €0 | -€469 | -100.0% |
| Profit (loss) for the period | 9904 | -€37,612 | -€20,582 | +€17,031 | +45.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,612 | -€20,582 | +€17,031 | +45.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.