Ubotech: 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.
Ubotech
Largest movements
- Cash -€20,172
down €20,172 (-44.1%), from €45,694 to €25,522
mainly Receivables within one year (-€11,820) and Tax, wage and social debts (-€10,164)
- Receivables within one year +€11,820
up €11,820 (+111.5%), from €10,603 to €22,422
of which Trade receivables: +€12,341
- Tangible fixed assets -€2,930
down €2,930 (-19.6%), from €14,963 to €12,033
- Tax, wage and social debts -€10,164
down €10,164 (-90.6%), from €11,218 to €1,054
- Trade debts -€1,801
down €1,801 (-67.4%), from €2,673 to €872
- Gross operating margin -€34,446
down €34,446 (-80.8%), from €42,642 to €8,196
- Taxes -€7,461
down €7,461 (-96.1%), from €7,765 to €304
- Depreciation +€2,669
up €2,669 (+75.1%), from €3,556 to €6,225
- Other operating charges +€447
up €447 (+82.4%), from €542 to €989
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 | €72,178 | €60,834 | -€11,344 | -15.7% |
| Fixed assets | 21/28 | €14,963 | €12,033 | -€2,930 | -19.6% |
| Tangible fixed assets | 22/27 | €14,963 | €12,033 | -€2,930 | -19.6% |
| Plant, machinery and equipment | 23 | €14,963 | €12,033 | -€2,930 | -19.6% |
| Current assets | 29/58 | €57,215 | €48,801 | -€8,414 | -14.7% |
| Amounts receivable within one year | 40/41 | €10,603 | €22,422 | +€11,820 | +111.5% |
| Trade receivables | 40 | €7,684 | €20,024 | +€12,341 | +160.6% |
| Other amounts receivable | 41 | €2,919 | €2,398 | -€521 | -17.8% |
| Cash at bank and in hand | 54/58 | €45,694 | €25,522 | -€20,172 | -44.1% |
| Deferred charges and accrued income | 490/1 | €919 | €857 | -€62 | -6.7% |
| Total equity and liabilities | 10/49 | €72,178 | €60,834 | -€11,344 | -15.7% |
| Equity | 10/15 | €58,287 | €58,818 | +€531 | +0.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €48,287 | €48,818 | +€531 | +1.1% |
| Distributable reserves | 133 | €48,287 | €48,818 | +€531 | +1.1% |
| Amounts payable | 17/49 | €13,891 | €2,016 | -€11,875 | -85.5% |
| Amounts payable within one year | 42/48 | €13,891 | €2,016 | -€11,875 | -85.5% |
| Trade debts | 44 | €2,673 | €872 | -€1,801 | -67.4% |
| Suppliers | 440/4 | €2,673 | €872 | -€1,801 | -67.4% |
| Taxes, remuneration and social security | 45 | €11,218 | €1,054 | -€10,164 | -90.6% |
| Taxes | 450/3 | €11,218 | €1,054 | -€10,164 | -90.6% |
| Other amounts payable | 47/48 | €0 | €90 | +€90 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,556 | €6,225 | +€2,669 | +75.1% |
| Other operating charges | 640/8 | €542 | €989 | +€447 | +82.4% |
| Gross operating margin | 9900 | €42,642 | €8,196 | -€34,446 | -80.8% |
| Operating profit (loss) | 9901 | €38,544 | €982 | -€37,562 | -97.5% |
| Financial income | 75/76B | €18 | €11 | -€7 | -40.1% |
| Recurring financial income | 75 | €18 | €11 | -€7 | -40.1% |
| Financial charges | 65/66B | €211 | €159 | -€52 | -24.9% |
| Recurring financial charges | 65 | €211 | €159 | -€52 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €38,351 | €834 | -€37,517 | -97.8% |
| Income taxes | 67/77 | €7,765 | €304 | -€7,461 | -96.1% |
| Profit (loss) for the period | 9904 | €30,587 | €531 | -€30,056 | -98.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,587 | €531 | -€30,056 | -98.3% |
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.