UBC De Lelie: what changed
UBC De Lelie
Largest movements
- Stocks and contracts +€32,477
up €32,477 (+53.4%), from €60,858 to €93,336
- Cash +€5,995
up €5,995 (+33.7%), from €17,812 to €23,807
mainly Net result for the year (+€22,048) and Tax, wage and social debts (+€8,027)
- Tangible fixed assets -€4,436
down €4,436 (-37.2%), from €11,939 to €7,504
- Reserves +€22,048
up €22,048 (+174%), from €12,655 to €34,703
- Tax, wage and social debts +€8,027
up €8,027 (+138%), from €5,821 to €13,848
of which Taxes: +€8,027
- Trade debts +€1,359
up €1,359 (+72.4%), from €1,876 to €3,235
- Depreciation -€16,585
down €16,585 (-76.8%), from €21,592 to €5,007
- Taxes +€11,407
up €11,407 (+553%), from €2,062 to €13,470
- Gross operating margin +€11,270
up €11,270 (+40.1%), from €28,100 to €39,371
- Financial income +€1,633
up €1,633 (+88.2%), from €1,852 to €3,485
- Financial charges -€818
down €818 (-76.0%), from €1,077 to €259
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,180 | €127,262 | +€32,081 | +33.7% |
| Fixed assets | 21/28 | €12,811 | €7,804 | -€5,007 | -39.1% |
| Intangible fixed assets | 21 | €572 | €0 | -€572 | -100% |
| Tangible fixed assets | 22/27 | €11,939 | €7,504 | -€4,436 | -37.2% |
| Land and buildings | 22 | €2,249 | €1,125 | -€1,125 | -50.0% |
| Plant, machinery and equipment | 23 | €4,614 | €2,743 | -€1,872 | -40.6% |
| Furniture and vehicles | 24 | €661 | €21 | -€640 | -96.8% |
| Other tangible fixed assets | 26 | €4,415 | €3,616 | -€800 | -18.1% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €82,369 | €119,458 | +€37,088 | +45.0% |
| Stocks and contracts in progress | 3 | €60,858 | €93,336 | +€32,477 | +53.4% |
| Stocks | 30/36 | €60,858 | €93,336 | +€32,477 | +53.4% |
| Amounts receivable within one year | 40/41 | €2,495 | €2,134 | -€361 | -14.5% |
| Trade receivables | 40 | €2,495 | €2,134 | -€361 | -14.5% |
| Cash at bank and in hand | 54/58 | €17,812 | €23,807 | +€5,995 | +33.7% |
| Deferred charges and accrued income | 490/1 | €1,204 | €181 | -€1,023 | -85.0% |
| Total equity and liabilities | 10/49 | €95,180 | €127,262 | +€32,081 | +33.7% |
| Equity | 10/15 | €60,655 | €82,703 | +€22,048 | +36.3% |
| Contributions | 10/11 | €48,000 | €48,000 | = | 0.0% |
| Reserves | 13 | €12,655 | €34,703 | +€22,048 | +174% |
| Distributable reserves | 133 | €12,655 | €34,703 | +€22,048 | +174% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €34,525 | €44,559 | +€10,033 | +29.1% |
| Amounts payable within one year | 42/48 | €34,525 | €44,559 | +€10,033 | +29.1% |
| Trade debts | 44 | €1,876 | €3,235 | +€1,359 | +72.4% |
| Suppliers | 440/4 | €1,876 | €3,235 | +€1,359 | +72.4% |
| Advances received on contracts in progress | 46 | €5,090 | €4,594 | -€496 | -9.7% |
| Taxes, remuneration and social security | 45 | €5,821 | €13,848 | +€8,027 | +138% |
| Taxes | 450/3 | €5,646 | €13,673 | +€8,027 | +142% |
| Remuneration and social security | 454/9 | €175 | €175 | = | 0.0% |
| Other amounts payable | 47/48 | €21,739 | €22,882 | +€1,144 | +5.3% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,592 | €5,007 | -€16,585 | -76.8% |
| Other operating charges | 640/8 | €1,356 | €2,073 | +€717 | +52.8% |
| Gross operating margin | 9900 | €28,100 | €39,371 | +€11,270 | +40.1% |
| Operating profit (loss) | 9901 | €5,152 | €32,291 | +€27,138 | +527% |
| Financial income | 75/76B | €1,852 | €3,485 | +€1,633 | +88.2% |
| Recurring financial income | 75 | €1,852 | €3,485 | +€1,633 | +88.2% |
| Financial charges | 65/66B | €1,077 | €259 | -€818 | -76.0% |
| Recurring financial charges | 65 | €1,077 | €259 | -€818 | -76.0% |
| Profit (loss) for the period before taxes | 9903 | €5,927 | €35,517 | +€29,590 | +499% |
| Income taxes | 67/77 | €2,062 | €13,470 | +€11,407 | +553% |
| Profit (loss) for the period | 9904 | €3,865 | €22,048 | +€18,183 | +470% |
| Profit (loss) for the period to be appropriated | 9905 | €3,865 | €22,048 | +€18,183 | +470% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.