UBK: 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.
UBK
Largest movements
- Cash +€131,375
up €131,375 (+576%), from €22,792 to €154,167
mainly Other debts (+€100,438) and Tax, wage and social debts (+€90,927)
- Receivables within one year -€58,102
down €58,102 (-31.2%), from €185,986 to €127,884
of which Trade receivables: -€51,209
- Deferred charges and accrued income -€18,404
down €18,404 (-100%), from €18,404 to €0
- Financial fixed assets +€4,500
new in 2025: €4,500
- Tangible fixed assets +€2,973
new in 2025: €2,973
- Profit (loss) carried forward -€117,105
down €117,105 (-2,146%), from -€5,456 to -€122,562
- Other debts +€100,438
up €100,438 (+800%), from €12,562 to €113,000
- Tax, wage and social debts +€90,927
up €90,927 (+182%), from €49,837 to €140,763
of which Remuneration and social security: +€65,533
- Trade debts -€51,894
down €51,894 (-31.3%), from €166,047 to €114,153
- Current portion of long-term debt +€40,170
new in 2025: €40,170
- Staff costs +€530,091
up €530,091 (+225%), from €235,484 to €765,575
- Gross operating margin +€418,912
up €418,912 (+181%), from €230,824 to €649,735
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 | €227,182 | €289,524 | +€62,342 | +27.4% |
| Fixed assets | 21/28 | - | €7,473 | +€7,473 | |
| Tangible fixed assets | 22/27 | - | €2,973 | +€2,973 | |
| Furniture and vehicles | 24 | - | €2,973 | +€2,973 | |
| Financial fixed assets | 28 | - | €4,500 | +€4,500 | |
| Current assets | 29/58 | €227,182 | €282,052 | +€54,869 | +24.2% |
| Amounts receivable within one year | 40/41 | €185,986 | €127,884 | -€58,102 | -31.2% |
| Trade receivables | 40 | €163,510 | €112,302 | -€51,209 | -31.3% |
| Other amounts receivable | 41 | €22,476 | €15,583 | -€6,893 | -30.7% |
| Cash at bank and in hand | 54/58 | €22,792 | €154,167 | +€131,375 | +576% |
| Deferred charges and accrued income | 490/1 | €18,404 | €0 | -€18,404 | -100% |
| Total equity and liabilities | 10/49 | €227,182 | €289,524 | +€62,342 | +27.4% |
| Equity | 10/15 | -€1,456 | -€118,562 | -€117,105 | -8,041% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,456 | -€122,562 | -€117,105 | -2,146% |
| Amounts payable | 17/49 | €228,639 | €408,086 | +€179,447 | +78.5% |
| Amounts payable within one year | 42/48 | €228,639 | €408,086 | +€179,447 | +78.5% |
| Current portion of amounts payable after more than one year | 42 | - | €40,170 | +€40,170 | |
| Trade debts | 44 | €166,047 | €114,153 | -€51,894 | -31.3% |
| Suppliers | 440/4 | €166,047 | €114,153 | -€51,894 | -31.3% |
| Advances received on contracts in progress | 46 | €194 | €0 | -€194 | -100% |
| Taxes, remuneration and social security | 45 | €49,837 | €140,763 | +€90,927 | +182% |
| Taxes | 450/3 | €27,969 | €53,363 | +€25,394 | +90.8% |
| Remuneration and social security | 454/9 | €21,867 | €87,400 | +€65,533 | +300% |
| Other amounts payable | 47/48 | €12,562 | €113,000 | +€100,438 | +800% |
| Remuneration, social security and pensions | 62 | €235,484 | €765,575 | +€530,091 | +225% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €27 | +€27 | |
| Other operating charges | 640/8 | €723 | €911 | +€188 | +26.0% |
| Gross operating margin | 9900 | €230,824 | €649,735 | +€418,912 | +181% |
| Operating profit (loss) | 9901 | -€5,383 | -€116,778 | -€111,395 | -2,069% |
| Financial charges | 65/66B | €50 | €227 | +€176 | +351% |
| Recurring financial charges | 65 | €50 | €227 | +€176 | +351% |
| Profit (loss) for the period before taxes | 9903 | -€5,434 | -€117,005 | -€111,571 | -2,053% |
| Income taxes | 67/77 | €23 | €101 | +€78 | +343% |
| Profit (loss) for the period | 9904 | -€5,456 | -€117,105 | -€111,649 | -2,046% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,456 | -€117,105 | -€111,649 | -2,046% |
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 13 October 2026 via checked.be.