UBSA: 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.
UBSA
Largest movements
- Cash +€38,637
up €38,637 (+78.9%), from €48,974 to €87,611
mainly Net result for the year (+€287,735) and Current portion of long-term debt (+€6,590)
- Reserves +€287,735
up €287,735 (+1,225%), from €23,495 to €311,230
- Debts after one year -€183,631
down €183,631 (-16.6%), from €1.1m to €921,656
- Other debts -€70,394
down €70,394 (-41.2%), from €170,835 to €100,441
- Financial income +€275,163
up €275,163 (+428,470%), from €64 to €275,227
- Financial charges -€6,028
down €6,028 (-18.9%), from €31,814 to €25,786
- Gross operating margin -€1,672
down €1,672 (-3.8%), from €44,220 to €42,548
- Taxes +€1,115
up €1,115 (+35.5%), from €3,139 to €4,255
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,485,451 | €1,529,973 | +€44,523 | +3.0% |
| Fixed assets | 21/28 | €1,425,000 | €1,425,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,425,000 | €1,425,000 | = | 0.0% |
| Current assets | 29/58 | €60,451 | €104,973 | +€44,523 | +73.7% |
| Amounts receivable within one year | 40/41 | €11,477 | €17,363 | +€5,886 | +51.3% |
| Trade receivables | 40 | €6,655 | €6,655 | = | 0.0% |
| Other amounts receivable | 41 | €4,822 | €10,708 | +€5,886 | +122% |
| Cash at bank and in hand | 54/58 | €48,974 | €87,611 | +€38,637 | +78.9% |
| Total equity and liabilities | 10/49 | €1,485,451 | €1,529,973 | +€44,523 | +3.0% |
| Equity | 10/15 | €24,495 | €312,230 | +€287,735 | +1,175% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €23,495 | €311,230 | +€287,735 | +1,225% |
| Distributable reserves | 133 | €23,495 | €311,230 | +€287,735 | +1,225% |
| Amounts payable | 17/49 | €1,460,956 | €1,217,744 | -€243,212 | -16.6% |
| Amounts payable after more than one year | 17 | €1,105,287 | €921,656 | -€183,631 | -16.6% |
| Financial debts | 170/4 | €1,105,287 | €921,656 | -€183,631 | -16.6% |
| Amounts payable within one year | 42/48 | €355,669 | €296,088 | -€59,581 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €177,041 | €183,631 | +€6,590 | +3.7% |
| Trade debts | 44 | €2,500 | €2,500 | = | 0.0% |
| Suppliers | 440/4 | €2,500 | €2,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,293 | €9,516 | +€4,223 | +79.8% |
| Taxes | 450/3 | €3,793 | €8,016 | +€4,223 | +111% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €170,835 | €100,441 | -€70,394 | -41.2% |
| Gross operating margin | 9900 | €44,220 | €42,548 | -€1,672 | -3.8% |
| Operating profit (loss) | 9901 | €44,220 | €42,548 | -€1,672 | -3.8% |
| Financial income | 75/76B | €64 | €275,227 | +€275,163 | +428,470% |
| Recurring financial income | 75 | €64 | €275,227 | +€275,163 | +428,470% |
| Financial charges | 65/66B | €31,814 | €25,786 | -€6,028 | -18.9% |
| Recurring financial charges | 65 | €31,814 | €25,786 | -€6,028 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €12,470 | €291,990 | +€279,520 | +2,242% |
| Income taxes | 67/77 | €3,139 | €4,255 | +€1,115 | +35.5% |
| Profit (loss) for the period | 9904 | €9,330 | €287,735 | +€278,404 | +2,984% |
| Profit (loss) for the period to be appropriated | 9905 | €9,330 | €287,735 | +€278,404 | +2,984% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.