UCAS: 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.
UCAS
Largest movements
- Tangible fixed assets -€87,455
down €87,455 (-12.3%), from €710,389 to €622,935
of which Land and buildings: -€76,262
- Receivables within one year -€30,458
down €30,458 (-14.7%), from €206,830 to €176,372
of which Trade receivables: -€34,890
- Cash +€11,073
up €11,073 (+1,121%), from €988 to €12,061
mainly Depreciation (+€91,945) and Net result for the year (+€31,937)
- Debts after one year -€77,301
down €77,301 (-8.8%), from €878,344 to €801,043
- Profit (loss) carried forward +€31,937
up €31,937 (+5.4%), from -€594,498 to -€562,561
- Other debts -€31,520
down €31,520 (-6.2%), from €512,060 to €480,540
- Trade debts -€22,472
down €22,472 (-76.8%), from €29,255 to €6,783
- Gross operating margin +€115,919
up €115,919 (+350%), from €33,101 to €149,020
- Staff costs -€45,137
down €45,137 (-88.4%), from €51,085 to €5,949
- Other operating charges +€2,743
up €2,743 (+107%), from €2,575 to €5,318
- Depreciation -€1,927
down €1,927 (-2.1%), from €93,873 to €91,945
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 | €921,567 | €815,076 | -€106,491 | -11.6% |
| Fixed assets | 21/28 | €713,749 | €626,093 | -€87,656 | -12.3% |
| Intangible fixed assets | 21 | €610 | €409 | -€201 | -33.0% |
| Tangible fixed assets | 22/27 | €710,389 | €622,935 | -€87,455 | -12.3% |
| Land and buildings | 22 | €661,089 | €584,827 | -€76,262 | -11.5% |
| Plant, machinery and equipment | 23 | €16,466 | €16,466 | +€1 | 0.0% |
| Furniture and vehicles | 24 | €32,835 | €21,642 | -€11,193 | -34.1% |
| Financial fixed assets | 28 | €2,750 | €2,750 | = | 0.0% |
| Current assets | 29/58 | €207,818 | €188,983 | -€18,835 | -9.1% |
| Amounts receivable within one year | 40/41 | €206,830 | €176,372 | -€30,458 | -14.7% |
| Trade receivables | 40 | €197,270 | €162,380 | -€34,890 | -17.7% |
| Other amounts receivable | 41 | €9,560 | €13,992 | +€4,432 | +46.4% |
| Cash at bank and in hand | 54/58 | €988 | €12,061 | +€11,073 | +1,121% |
| Deferred charges and accrued income | 490/1 | €0 | €549 | +€549 | |
| Total equity and liabilities | 10/49 | €921,567 | €815,076 | -€106,491 | -11.6% |
| Equity | 10/15 | -€588,298 | -€556,361 | +€31,937 | +5.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€594,498 | -€562,561 | +€31,937 | +5.4% |
| Amounts payable | 17/49 | €1,509,865 | €1,371,437 | -€138,428 | -9.2% |
| Amounts payable after more than one year | 17 | €878,344 | €801,043 | -€77,301 | -8.8% |
| Financial debts | 170/4 | €878,344 | €801,043 | -€77,301 | -8.8% |
| Amounts payable within one year | 42/48 | €628,421 | €568,543 | -€59,878 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €79,646 | €80,826 | +€1,180 | +1.5% |
| Financial debts | 43 | €1,707 | €0 | -€1,707 | -100% |
| Credit institutions | 430/8 | €1,707 | €0 | -€1,707 | -100% |
| Trade debts | 44 | €29,255 | €6,783 | -€22,472 | -76.8% |
| Suppliers | 440/4 | €29,255 | €6,783 | -€22,472 | -76.8% |
| Taxes, remuneration and social security | 45 | €5,752 | €393 | -€5,358 | -93.2% |
| Taxes | 450/3 | €78 | €393 | +€315 | +404% |
| Remuneration and social security | 454/9 | €5,674 | €0 | -€5,674 | -100% |
| Other amounts payable | 47/48 | €512,060 | €480,540 | -€31,520 | -6.2% |
| Accrued charges and deferred income | 492/3 | €3,100 | €1,851 | -€1,249 | -40.3% |
| Remuneration, social security and pensions | 62 | €51,085 | €5,949 | -€45,137 | -88.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,873 | €91,945 | -€1,927 | -2.1% |
| Other operating charges | 640/8 | €2,575 | €5,318 | +€2,743 | +107% |
| Non-recurring operating charges | 66A | €7,422 | €0 | -€7,422 | -100% |
| Gross operating margin | 9900 | €33,101 | €149,020 | +€115,919 | +350% |
| Operating profit (loss) | 9901 | -€121,853 | €45,808 | +€167,661 | |
| Financial income | 75/76B | €53 | €399 | +€345 | +645% |
| Recurring financial income | 75 | €53 | €399 | +€345 | +645% |
| Financial charges | 65/66B | €14,860 | €13,618 | -€1,242 | -8.4% |
| Recurring financial charges | 65 | €14,860 | €13,618 | -€1,242 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | -€136,660 | €32,589 | +€169,248 | |
| Income taxes | 67/77 | €0 | €652 | +€652 | |
| Profit (loss) for the period | 9904 | -€136,660 | €31,937 | +€168,596 | |
| Profit (loss) for the period to be appropriated | 9905 | -€136,660 | €31,937 | +€168,596 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.