Ubybo: 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.
Ubybo
Largest movements
- Cash -€45,972
down €45,972 (-45.6%), from €100,872 to €54,900
mainly Net result for the year (-€66,213) and Investment in fixed assets (net) (-€28,371)
- Tangible fixed assets -€17,881
down €17,881 (-11.4%), from €156,252 to €138,371
of which Furniture and vehicles: -€32,658
- Profit (loss) carried forward -€66,213
down €66,213 (-101%), from -€65,538 to -€131,751
- Gross operating margin -€45,478
down €45,478, from €27,004 to -€18,474
- Depreciation -€7,043
down €7,043 (-13.2%), from €53,295 to €46,252
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 | €269,635 | €203,226 | -€66,409 | -24.6% |
| Fixed assets | 21/28 | €156,711 | €138,830 | -€17,881 | -11.4% |
| Tangible fixed assets | 22/27 | €156,252 | €138,371 | -€17,881 | -11.4% |
| Land and buildings | 22 | €51,466 | €67,171 | +€15,705 | +30.5% |
| Plant, machinery and equipment | 23 | €15,142 | €14,214 | -€928 | -6.1% |
| Furniture and vehicles | 24 | €89,644 | €56,986 | -€32,658 | -36.4% |
| Financial fixed assets | 28 | €459 | €459 | = | 0.0% |
| Current assets | 29/58 | €112,925 | €64,396 | -€48,528 | -43.0% |
| Amounts receivable within one year | 40/41 | €12,052 | €9,444 | -€2,608 | -21.6% |
| Trade receivables | 40 | €9,272 | €7,638 | -€1,634 | -17.6% |
| Other amounts receivable | 41 | €2,780 | €1,807 | -€973 | -35.0% |
| Cash at bank and in hand | 54/58 | €100,872 | €54,900 | -€45,972 | -45.6% |
| Deferred charges and accrued income | 490/1 | - | €52 | +€52 | |
| Total equity and liabilities | 10/49 | €269,635 | €203,226 | -€66,409 | -24.6% |
| Equity | 10/15 | €264,317 | €198,104 | -€66,213 | -25.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €322,855 | €322,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,000 | €16,000 | = | 0.0% |
| Distributable reserves | 133 | €306,855 | €306,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,538 | -€131,751 | -€66,213 | -101% |
| Amounts payable | 17/49 | €5,318 | €5,122 | -€196 | -3.7% |
| Amounts payable within one year | 42/48 | €5,318 | €5,122 | -€196 | -3.7% |
| Trade debts | 44 | €323 | €290 | -€33 | -10.2% |
| Suppliers | 440/4 | €323 | €290 | -€33 | -10.2% |
| Taxes, remuneration and social security | 45 | €4,995 | €3,008 | -€1,987 | -39.8% |
| Taxes | 450/3 | €2,173 | €168 | -€2,005 | -92.3% |
| Remuneration and social security | 454/9 | €2,822 | €2,840 | +€18 | +0.6% |
| Other amounts payable | 47/48 | - | €1,824 | +€1,824 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,295 | €46,252 | -€7,043 | -13.2% |
| Other operating charges | 640/8 | €1,433 | €1,427 | -€5 | -0.4% |
| Gross operating margin | 9900 | €27,004 | -€18,474 | -€45,478 | |
| Operating profit (loss) | 9901 | -€27,724 | -€66,154 | -€38,430 | -139% |
| Financial income | 75/76B | €412 | €458 | +€45 | +11.0% |
| Recurring financial income | 75 | €412 | €458 | +€45 | +11.0% |
| Financial charges | 65/66B | €439 | €383 | -€56 | -12.7% |
| Recurring financial charges | 65 | €439 | €383 | -€56 | -12.7% |
| Non-recurring financial charges | 66B | €439 | €383 | -€56 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | -€27,751 | -€66,079 | -€38,329 | -138% |
| Income taxes | 67/77 | €194 | €133 | -€61 | -31.3% |
| Profit (loss) for the period | 9904 | -€27,945 | -€66,213 | -€38,268 | -137% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,945 | -€66,213 | -€38,268 | -137% |
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 17 October 2026 via checked.be.