UBITECH Energy: 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.
UBITECH Energy
Largest movements
- Cash -€4.5m
down €4.5m (-80.2%), from €5.7m to €1.1m
mainly Advances received (-€4.9m) and Receivables within one year (-€35,882)
- Advances received -€4.9m
down €4.9m (-95.9%), from €5.1m to €212,195
- Trade debts +€227,821
up €227,821 (+71.7%), from €317,854 to €545,675
- Other debts +€146,667
up €146,667 (+66.1%), from €222,025 to €368,692
- Staff costs +€91,664
up €91,664 (+41.4%), from €221,182 to €312,846
- Gross operating margin +€64,694
up €64,694 (+19.4%), from €334,261 to €398,955
- Taxes -€7,158
down €7,158 (-38.1%), from €18,773 to €11,615
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.
Derived cash bridge
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 | €5,881,493 | €1,329,370 | -€4.6m | -77.4% |
| Fixed assets | 21/28 | €65,436 | €17,444 | -€47,992 | -73.3% |
| Tangible fixed assets | 22/27 | €51,058 | €3,066 | -€47,992 | -94.0% |
| Furniture and vehicles | 24 | €51,058 | €3,066 | -€47,992 | -94.0% |
| Financial fixed assets | 28 | €14,378 | €14,378 | +€0 | 0.0% |
| Current assets | 29/58 | €5,816,057 | €1,311,926 | -€4.5m | -77.4% |
| Amounts receivable within one year | 40/41 | €151,721 | €187,603 | +€35,882 | +23.7% |
| Trade receivables | 40 | €150,675 | €179,577 | +€28,902 | +19.2% |
| Other amounts receivable | 41 | €1,046 | €8,027 | +€6,981 | +667% |
| Cash at bank and in hand | 54/58 | €5,664,336 | €1,124,323 | -€4.5m | -80.2% |
| Total equity and liabilities | 10/49 | €5,881,493 | €1,329,370 | -€4.6m | -77.4% |
| Equity | 10/15 | €176,657 | €202,808 | +€26,151 | +14.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €6,200 | - | -€6,200 | |
| Profit (loss) carried forward | 14 | €170,457 | €196,608 | +€26,151 | +15.3% |
| Amounts payable | 17/49 | €5,704,836 | €1,126,562 | -€4.6m | -80.3% |
| Amounts payable within one year | 42/48 | €5,704,836 | €1,126,562 | -€4.6m | -80.3% |
| Trade debts | 44 | €317,854 | €545,675 | +€227,821 | +71.7% |
| Suppliers | 440/4 | €317,854 | €545,675 | +€227,821 | +71.7% |
| Advances received on contracts in progress | 46 | €5,143,710 | €212,195 | -€4.9m | -95.9% |
| Taxes, remuneration and social security | 45 | €21,247 | - | -€21,247 | |
| Taxes | 450/3 | €21,247 | - | -€21,247 | |
| Other amounts payable | 47/48 | €222,025 | €368,692 | +€146,667 | +66.1% |
| Non-recurring operating income | 76A | - | €350 | +€350 | |
| Remuneration, social security and pensions | 62 | €221,182 | €312,846 | +€91,664 | +41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,993 | €47,993 | -€0 | 0.0% |
| Other operating charges | 640/8 | €968 | - | -€968 | |
| Gross operating margin | 9900 | €334,261 | €398,955 | +€64,694 | +19.4% |
| Operating profit (loss) | 9901 | €64,118 | €38,116 | -€26,002 | -40.6% |
| Financial charges | 65/66B | €204 | €350 | +€146 | +71.6% |
| Recurring financial charges | 65 | €204 | €350 | +€146 | +71.6% |
| Profit (loss) for the period before taxes | 9903 | €63,914 | €37,766 | -€26,148 | -40.9% |
| Income taxes | 67/77 | €18,773 | €11,615 | -€7,158 | -38.1% |
| Profit (loss) for the period | 9904 | €45,141 | €26,152 | -€18,989 | -42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €45,141 | €26,152 | -€18,989 | -42.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.