UBRYS: 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.
What changed
UBRYS
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€356,636
2024 · €545,953-€189,317
Equity
€1.2m
2024 · €923,532+€297,754
Cash
€519,654
2024 · €514,772+€4,882
Balance sheet total
€1.9m
2024 · €1.4m+€421,896
Largest movements
Assets
- Current investments +€250,000
up €250,000, from €0 to €250,000
- Tangible fixed assets +€155,905
up €155,905 (+18.0%), from €866,834 to €1.0m
of which Land and buildings: +€127,425
Equity and liabilities
- Reserves +€297,754
up €297,754 (+32.4%), from €918,071 to €1.2m
- Debts after one year +€79,255
up €79,255 (+23.3%), from €339,822 to €419,077
- Current portion of long-term debt +€39,497
up €39,497 (+74.1%), from €53,287 to €92,784
Income statement
- Gross operating margin -€244,401
down €244,401 (-26.1%), from €937,556 to €693,155
- Taxes -€86,454
down €86,454 (-34.4%), from €251,027 to €164,573
- Depreciation +€24,611
up €24,611 (+33.5%), from €73,530 to €98,141
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.
Result 2024
€545,953
Gross operating margin
-€244,401
Staff costs
-€2,019
Depreciation
-€24,611
Other operating charges
-€905
Financial income
+€463
Financial charges
-€4,300
Taxes
+€86,454
Result 2025
€356,636
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.
From operations
+€444,548
Investment
-€504,046
Financing
+€64,380
Cash 2024
€514,772
From operations (derived)
+€444,548
Net result for the year
+€356,636
Depreciation
+€98,141
Receivables after one year
+€1,495
Receivables within one year
-€11,049
Deferred charges and accrued income
-€1,555
Trade debts
-€13,256
Tax, wage and social debts
+€14,161
Other debts
-€24
Investment (derived)
-€504,046
Investment in fixed assets (net)
-€254,046
Current investments
-€250,000
Financing
+€64,380
Debts after one year
+€79,255
Current portion of long-term debt
+€39,497
Short-term financial debts
+€4,509
Contributions, distributions and other
-€58,881
Cash 2025
€519,654
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,439,465 | €1,861,361 | +€421,896 | +29.3% |
| Fixed assets | 21/28 | €880,780 | €1,036,685 | +€155,905 | +17.7% |
| Tangible fixed assets | 22/27 | €866,834 | €1,022,739 | +€155,905 | +18.0% |
| Land and buildings | 22 | €738,248 | €865,673 | +€127,425 | +17.3% |
| Plant, machinery and equipment | 23 | €3,472 | €7,427 | +€3,955 | +113.9% |
| Furniture and vehicles | 24 | €125,114 | €149,639 | +€24,525 | +19.6% |
| Financial fixed assets | 28 | €13,946 | €13,946 | = | 0.0% |
| Current assets | 29/58 | €558,685 | €824,676 | +€265,991 | +47.6% |
| Amounts receivable after more than one year | 29 | €5,555 | €4,059 | -€1,495 | -26.9% |
| Other amounts receivable | 291 | €5,555 | €4,059 | -€1,495 | -26.9% |
| Amounts receivable within one year | 40/41 | €33,909 | €44,958 | +€11,049 | +32.6% |
| Trade receivables | 40 | €30,533 | €36,377 | +€5,844 | +19.1% |
| Other amounts receivable | 41 | €3,376 | €8,581 | +€5,205 | +154.2% |
| Current investments | 50/53 | €0 | €250,000 | +€250,000 | |
| Cash at bank and in hand | 54/58 | €514,772 | €519,654 | +€4,882 | +0.9% |
| Deferred charges and accrued income | 490/1 | €4,449 | €6,004 | +€1,555 | +34.9% |
| Total equity and liabilities | 10/49 | €1,439,465 | €1,861,361 | +€421,896 | +29.3% |
| Equity | 10/15 | €923,532 | €1,221,286 | +€297,754 | +32.2% |
| Contributions | 10/11 | €5,461 | €5,461 | = | 0.0% |
| Reserves | 13 | €918,071 | €1,215,825 | +€297,754 | +32.4% |
| Distributable reserves | 133 | €918,071 | €1,215,825 | +€297,754 | +32.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €40,000 | €40,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €40,000 | €40,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable | 17/49 | €475,933 | €600,075 | +€124,142 | +26.1% |
| Amounts payable after more than one year | 17 | €339,822 | €419,077 | +€79,255 | +23.3% |
| Financial debts | 170/4 | €339,822 | €419,077 | +€79,255 | +23.3% |
| Amounts payable within one year | 42/48 | €136,111 | €180,998 | +€44,887 | +33.0% |
| Current portion of amounts payable after more than one year | 42 | €53,287 | €92,784 | +€39,497 | +74.1% |
| Financial debts | 43 | €13,203 | €17,712 | +€4,509 | +34.2% |
| Credit institutions | 430/8 | €13,203 | €17,712 | +€4,509 | +34.2% |
| Trade debts | 44 | €18,415 | €5,159 | -€13,256 | -72.0% |
| Suppliers | 440/4 | €18,415 | €5,159 | -€13,256 | -72.0% |
| Taxes, remuneration and social security | 45 | €51,126 | €65,287 | +€14,161 | +27.7% |
| Taxes | 450/3 | €44,643 | €59,138 | +€14,495 | +32.5% |
| Remuneration and social security | 454/9 | €6,483 | €6,149 | -€334 | -5.2% |
| Other amounts payable | 47/48 | €80 | €56 | -€24 | -29.5% |
| Non-recurring operating income | 76A | €6,000 | €4,175 | -€1,825 | -30.4% |
| Remuneration, social security and pensions | 62 | €49,405 | €51,424 | +€2,019 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,530 | €98,141 | +€24,611 | +33.5% |
| Other operating charges | 640/8 | €6,195 | €7,100 | +€905 | +14.6% |
| Gross operating margin | 9900 | €937,556 | €693,155 | -€244,401 | -26.1% |
| Operating profit (loss) | 9901 | €808,426 | €536,491 | -€271,935 | -33.6% |
| Financial income | 75/76B | €5,230 | €5,693 | +€463 | +8.9% |
| Recurring financial income | 75 | €5,230 | €5,693 | +€463 | +8.9% |
| Financial charges | 65/66B | €16,676 | €20,976 | +€4,300 | +25.8% |
| Recurring financial charges | 65 | €16,676 | €20,976 | +€4,300 | +25.8% |
| Profit (loss) for the period before taxes | 9903 | €796,980 | €521,208 | -€275,771 | -34.6% |
| Income taxes | 67/77 | €251,027 | €164,573 | -€86,454 | -34.4% |
| Profit (loss) for the period | 9904 | €545,953 | €356,636 | -€189,317 | -34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €545,953 | €356,636 | -€189,317 | -34.7% |
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 2 October 2026 via checked.be.