UBT-Projets: 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.
UBT-Projets
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€1,241
up €1,241 (+19.7%), from -€6,288 to -€5,046
- Financial charges +€64
up €64 (+37.6%), from €170 to €234
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 | €2,076,781 | €2,086,651 | +€9,870 | +0.5% |
| Current assets | 29/58 | €2,076,781 | €2,086,651 | +€9,870 | +0.5% |
| Stocks and contracts in progress | 3 | €2,067,056 | €2,084,249 | +€17,193 | +0.8% |
| Stocks | 30/36 | €2,067,056 | €2,084,249 | +€17,193 | +0.8% |
| Amounts receivable within one year | 40/41 | €5,836 | €221 | -€5,615 | -96.2% |
| Trade receivables | 40 | €58 | - | -€58 | |
| Other amounts receivable | 41 | €5,778 | €221 | -€5,557 | -96.2% |
| Cash at bank and in hand | 54/58 | €3,805 | €2,095 | -€1,710 | -44.9% |
| Deferred charges and accrued income | 490/1 | €84 | €85 | +€2 | +2.0% |
| Total equity and liabilities | 10/49 | €2,076,781 | €2,086,651 | +€9,870 | +0.5% |
| Equity | 10/15 | €55,745 | €48,829 | -€6,915 | -12.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,255 | -€51,171 | -€6,915 | -15.6% |
| Amounts payable | 17/49 | €2,021,036 | €2,037,821 | +€16,785 | +0.8% |
| Amounts payable after more than one year | 17 | €2,020,000 | €2,030,000 | +€10,000 | +0.5% |
| Other amounts payable | 178/9 | €2,020,000 | €2,030,000 | +€10,000 | +0.5% |
| Amounts payable within one year | 42/48 | €1,036 | €7,821 | +€6,785 | +655% |
| Trade debts | 44 | €868 | €1,084 | +€215 | +24.8% |
| Suppliers | 440/4 | €868 | €1,084 | +€215 | +24.8% |
| Taxes, remuneration and social security | 45 | €42 | €6,486 | +€6,444 | +15,390% |
| Taxes | 450/3 | €42 | €6,486 | +€6,444 | +15,390% |
| Other amounts payable | 47/48 | €126 | €252 | +€126 | +100% |
| Other operating charges | 640/8 | €1,622 | €1,635 | +€13 | +0.8% |
| Gross operating margin | 9900 | -€6,288 | -€5,046 | +€1,241 | +19.7% |
| Operating profit (loss) | 9901 | -€7,910 | -€6,681 | +€1,229 | +15.5% |
| Financial charges | 65/66B | €170 | €234 | +€64 | +37.6% |
| Recurring financial charges | 65 | €170 | €234 | +€64 | +37.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,080 | -€6,915 | +€1,165 | +14.4% |
| Profit (loss) for the period | 9904 | -€8,080 | -€6,915 | +€1,165 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,080 | -€6,915 | +€1,165 | +14.4% |
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 14 October 2026 via checked.be.