UBADA: 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.
UBADA
Largest movements
- Financial fixed assets -€170,000
down €170,000 (-99.4%), from €171,000 to €1,000
- Profit (loss) carried forward -€161,603
down €161,603, from €25,869 to -€135,734
- Short-term financial debts -€14,211
no longer reported in 2025 (was €14,211)
- Other debts +€5,736
up €5,736 (+13.5%), from €42,543 to €48,279
- Financial charges +€153,299
up €153,299 (+4421.8%), from €3,467 to €156,766
of which Non-recurring financial charges: +€155,544
- Gross operating margin +€7,350
up €7,350 (+75.0%), from -€9,796 to -€2,446
- Other operating charges +€1,961
up €1,961 (+455.4%), from €431 to €2,391
- Taxes -€974
no longer reported in 2025 (was €974)
- Financial income -€444
no longer reported in 2025 (was €444)
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 | €172,076 | €2,881 | -€169,195 | -98.3% |
| Fixed assets | 21/28 | €171,000 | €1,000 | -€170,000 | -99.4% |
| Financial fixed assets | 28 | €171,000 | €1,000 | -€170,000 | -99.4% |
| Current assets | 29/58 | €1,076 | €1,881 | +€805 | +74.8% |
| Amounts receivable within one year | 40/41 | €503 | €757 | +€254 | +50.6% |
| Trade receivables | 40 | €286 | - | -€286 | |
| Other amounts receivable | 41 | €217 | €757 | +€540 | +248.9% |
| Cash at bank and in hand | 54/58 | €573 | €1,124 | +€551 | +96.1% |
| Total equity and liabilities | 10/49 | €172,076 | €2,881 | -€169,195 | -98.3% |
| Equity | 10/15 | €113,503 | -€48,101 | -€161,603 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €69,034 | €69,034 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €67,174 | €69,034 | +€1,860 | +2.8% |
| Profit (loss) carried forward | 14 | €25,869 | -€135,734 | -€161,603 | |
| Amounts payable | 17/49 | €58,573 | €50,982 | -€7,591 | -13.0% |
| Amounts payable within one year | 42/48 | €58,573 | €50,982 | -€7,591 | -13.0% |
| Financial debts | 43 | €14,211 | - | -€14,211 | |
| Credit institutions | 430/8 | €14,211 | - | -€14,211 | |
| Trade debts | 44 | €1,499 | €2,528 | +€1,029 | +68.6% |
| Suppliers | 440/4 | €1,499 | €2,528 | +€1,029 | +68.6% |
| Taxes, remuneration and social security | 45 | €320 | €174 | -€146 | -45.5% |
| Taxes | 450/3 | €320 | €174 | -€146 | -45.5% |
| Other amounts payable | 47/48 | €42,543 | €48,279 | +€5,736 | +13.5% |
| Other operating charges | 640/8 | €431 | €2,391 | +€1,961 | +455.4% |
| Gross operating margin | 9900 | -€9,796 | -€2,446 | +€7,350 | +75.0% |
| Operating profit (loss) | 9901 | -€10,226 | -€4,837 | +€5,389 | +52.7% |
| Financial income | 75/76B | €444 | - | -€444 | |
| Recurring financial income | 75 | €444 | - | -€444 | |
| Financial charges | 65/66B | €3,467 | €156,766 | +€153,299 | +4421.8% |
| Recurring financial charges | 65 | €3,467 | €1,222 | -€2,245 | -64.7% |
| Non-recurring financial charges | 66B | - | €155,544 | +€155,544 | |
| Profit (loss) for the period before taxes | 9903 | -€13,249 | -€161,603 | -€148,354 | -1119.7% |
| Income taxes | 67/77 | €974 | - | -€974 | |
| Profit (loss) for the period | 9904 | -€14,223 | -€161,603 | -€147,380 | -1036.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,223 | -€161,603 | -€147,380 | -1036.2% |
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.