UB1: 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.
UB1
Largest movements
- Cash +€18,867
up €18,867 (+33.8%), from €55,772 to €74,640
mainly Net result for the year (+€60,560) and Other debts (+€43,263)
- Receivables within one year -€1,883
down €1,883 (-9.2%), from €20,401 to €18,517
of which Trade receivables: -€1,936
- Tangible fixed assets +€1,719
up €1,719 (+7.7%), from €22,182 to €23,900
- Other debts +€43,263
up €43,263 (+71996.8%), from €60 to €43,323
- Profit (loss) carried forward -€39,440
down €39,440 (-43.7%), from €90,302 to €50,862
- Trade debts +€7,703
up €7,703 (+752.4%), from €1,024 to €8,727
- Tax, wage and social debts +€7,073
up €7,073 (+89.0%), from €7,944 to €15,017
- Gross operating margin -€4,002
down €4,002 (-4.4%), from €90,190 to €86,188
- Depreciation +€1,087
up €1,087 (+18.1%), from €6,021 to €7,108
- Taxes -€1,053
down €1,053 (-5.9%), from €17,927 to €16,875
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 | €101,330 | €119,929 | +€18,599 | +18.4% |
| Fixed assets | 21/28 | €22,182 | €23,900 | +€1,719 | +7.7% |
| Tangible fixed assets | 22/27 | €22,182 | €23,900 | +€1,719 | +7.7% |
| Furniture and vehicles | 24 | €22,182 | €23,900 | +€1,719 | +7.7% |
| Current assets | 29/58 | €79,148 | €96,028 | +€16,880 | +21.3% |
| Amounts receivable within one year | 40/41 | €20,401 | €18,517 | -€1,883 | -9.2% |
| Trade receivables | 40 | €20,328 | €18,392 | -€1,936 | -9.5% |
| Other amounts receivable | 41 | €73 | €125 | +€53 | +72.2% |
| Cash at bank and in hand | 54/58 | €55,772 | €74,640 | +€18,867 | +33.8% |
| Deferred charges and accrued income | 490/1 | €2,975 | €2,871 | -€104 | -3.5% |
| Total equity and liabilities | 10/49 | €101,330 | €119,929 | +€18,599 | +18.4% |
| Equity | 10/15 | €92,302 | €52,862 | -€39,440 | -42.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,302 | €50,862 | -€39,440 | -43.7% |
| Amounts payable | 17/49 | €9,028 | €67,067 | +€58,039 | +642.9% |
| Amounts payable within one year | 42/48 | €9,028 | €67,067 | +€58,039 | +642.9% |
| Trade debts | 44 | €1,024 | €8,727 | +€7,703 | +752.4% |
| Suppliers | 440/4 | €1,024 | €8,727 | +€7,703 | +752.4% |
| Taxes, remuneration and social security | 45 | €7,944 | €15,017 | +€7,073 | +89.0% |
| Taxes | 450/3 | €7,944 | €15,017 | +€7,073 | +89.0% |
| Other amounts payable | 47/48 | €60 | €43,323 | +€43,263 | +71996.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,021 | €7,108 | +€1,087 | +18.1% |
| Other operating charges | 640/8 | €744 | €721 | -€22 | -3.0% |
| Gross operating margin | 9900 | €90,190 | €86,188 | -€4,002 | -4.4% |
| Operating profit (loss) | 9901 | €83,425 | €78,359 | -€5,067 | -6.1% |
| Financial income | 75/76B | - | €54 | +€54 | |
| Recurring financial income | 75 | - | €54 | +€54 | |
| Financial charges | 65/66B | €1,360 | €978 | -€381 | -28.1% |
| Recurring financial charges | 65 | €1,360 | €978 | -€381 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €82,065 | €77,434 | -€4,631 | -5.6% |
| Income taxes | 67/77 | €17,927 | €16,875 | -€1,053 | -5.9% |
| Profit (loss) for the period | 9904 | €64,138 | €60,560 | -€3,578 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €64,138 | €60,560 | -€3,578 | -5.6% |
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 5 October 2026 via checked.be.