U2U: what changed
Two fiscal 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.
U2U
Largest movements
- Cash -€214,048
down €214,048 (-38.0%), from €562,767 to €348,719
mainly Other debts (-€226,525) and Investment in fixed assets (net) (-€171,538)
- Tangible fixed assets +€119,735
up €119,735 (+100.0%), from €119,725 to €239,460
of which Furniture and vehicles: +€128,309
- Receivables within one year +€90,262
up €90,262 (+30.8%), from €293,011 to €383,274
of which Trade receivables: +€119,219
- Deferred charges and accrued income -€20,332
down €20,332 (-39.5%), from €51,439 to €31,107
- Profit (loss) carried forward +€289,558
up €289,558 (+99.7%), from €290,413 to €579,971
- Other debts -€226,525
down €226,525 (-96.1%), from €235,648 to €9,123
- Accrued charges and deferred income -€86,130
down €86,130 (-100.0%), from €86,130 to €0
- Trade debts -€10,760
down €10,760 (-5.3%), from €204,158 to €193,399
- Depreciation -€79,152
down €79,152 (-60.4%), from €130,955 to €51,803
- Other operating charges -€71,997
down €71,997 (-95.4%), from €75,439 to €3,443
- Staff costs +€67,165
up €67,165 (+6.5%), from €1.0m to €1.1m
- Taxes +€22,738
up €22,738 (+25.4%), from €89,456 to €112,194
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,064,758 | €1,040,376 | -€24,383 | -2.3% |
| Fixed assets | 21/28 | €157,541 | €277,276 | +€119,735 | +76.0% |
| Tangible fixed assets | 22/27 | €119,725 | €239,460 | +€119,735 | +100.0% |
| Land and buildings | 22 | €7,089 | €5,654 | -€1,435 | -20.2% |
| Plant, machinery and equipment | 23 | €19,160 | €12,021 | -€7,140 | -37.3% |
| Furniture and vehicles | 24 | €93,476 | €221,785 | +€128,309 | +137.3% |
| Financial fixed assets | 28 | €37,816 | €37,816 | = | 0.0% |
| Current assets | 29/58 | €907,217 | €763,099 | -€144,118 | -15.9% |
| Amounts receivable within one year | 40/41 | €293,011 | €383,274 | +€90,262 | +30.8% |
| Trade receivables | 40 | €205,474 | €324,693 | +€119,219 | +58.0% |
| Other amounts receivable | 41 | €87,537 | €58,581 | -€28,956 | -33.1% |
| Cash at bank and in hand | 54/58 | €562,767 | €348,719 | -€214,048 | -38.0% |
| Deferred charges and accrued income | 490/1 | €51,439 | €31,107 | -€20,332 | -39.5% |
| Total equity and liabilities | 10/49 | €1,064,758 | €1,040,376 | -€24,383 | -2.3% |
| Equity | 10/15 | €420,766 | €710,324 | +€289,558 | +68.8% |
| 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 | €30,353 | €30,353 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,353 | €5,353 | = | 0.0% |
| Profit (loss) carried forward | 14 | €290,413 | €579,971 | +€289,558 | +99.7% |
| Amounts payable | 17/49 | €643,992 | €330,052 | -€313,940 | -48.7% |
| Amounts payable within one year | 42/48 | €557,862 | €330,052 | -€227,810 | -40.8% |
| Trade debts | 44 | €204,158 | €193,399 | -€10,760 | -5.3% |
| Suppliers | 440/4 | €204,158 | €193,399 | -€10,760 | -5.3% |
| Taxes, remuneration and social security | 45 | €118,056 | €127,530 | +€9,474 | +8.0% |
| Taxes | 450/3 | €21,111 | €25,418 | +€4,307 | +20.4% |
| Remuneration and social security | 454/9 | €96,945 | €102,112 | +€5,167 | +5.3% |
| Other amounts payable | 47/48 | €235,648 | €9,123 | -€226,525 | -96.1% |
| Accrued charges and deferred income | 492/3 | €86,130 | €0 | -€86,130 | -100.0% |
| Non-recurring operating income | 76A | - | €11,572 | +€11,572 | |
| Remuneration, social security and pensions | 62 | €1,028,453 | €1,095,617 | +€67,165 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,955 | €51,803 | -€79,152 | -60.4% |
| Other operating charges | 640/8 | €75,439 | €3,443 | -€71,997 | -95.4% |
| Non-recurring operating charges | 66A | - | €9,672 | +€9,672 | |
| Gross operating margin | 9900 | €1,552,264 | €1,565,441 | +€13,177 | +0.8% |
| Operating profit (loss) | 9901 | €317,417 | €404,906 | +€87,489 | +27.6% |
| Financial income | 75/76B | €23 | €3 | -€20 | -89.0% |
| Recurring financial income | 75 | €23 | €3 | -€20 | -89.0% |
| Financial charges | 65/66B | €1,848 | €3,157 | +€1,309 | +70.8% |
| Recurring financial charges | 65 | €1,848 | €3,157 | +€1,309 | +70.8% |
| Profit (loss) for the period before taxes | 9903 | €315,592 | €401,752 | +€86,160 | +27.3% |
| Income taxes | 67/77 | €89,456 | €112,194 | +€22,738 | +25.4% |
| Profit (loss) for the period | 9904 | €226,136 | €289,558 | +€63,422 | +28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €226,136 | €289,558 | +€63,422 | +28.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.