UCBEL: 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.
UCBEL
Largest movements
- Receivables within one year +€25,946
up €25,946 (+92.0%), from €28,202 to €54,148
- Tangible fixed assets -€12,715
down €12,715 (-11.6%), from €109,216 to €96,501
of which Other tangible fixed assets: -€9,541
- Stocks and contracts -€9,000
down €9,000 (-26.5%), from €34,000 to €25,000
- Cash -€5,487
down €5,487 (-26.7%), from €20,567 to €15,081
mainly Receivables within one year (-€25,946) and Other debts (-€18,210)
- Profit (loss) carried forward +€23,990
up €23,990 (+45.8%), from -€52,373 to -€28,383
- Other debts -€18,210
down €18,210 (-15.8%), from €115,535 to €97,324
- Trade debts +€13,487
up €13,487 (+18.1%), from €74,502 to €87,988
- Debts after one year -€9,982
down €9,982 (-38.8%), from €25,723 to €15,742
- Current portion of long-term debt -€5,410
down €5,410 (-35.1%), from €15,392 to €9,982
- Gross operating margin +€7,253
up €7,253 (+6.5%), from €110,960 to €118,213
- Staff costs -€6,890
down €6,890 (-8.5%), from €80,919 to €74,029
- Other operating charges -€4,047
down €4,047 (-78.1%), from €5,181 to €1,134
- Depreciation +€1,216
up €1,216 (+7.8%), from €15,625 to €16,841
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €202,526 | €201,403 | -€1,123 | -0.6% |
| Fixed assets | 21/28 | €119,312 | €106,597 | -€12,715 | -10.7% |
| Tangible fixed assets | 22/27 | €109,216 | €96,501 | -€12,715 | -11.6% |
| Plant, machinery and equipment | 23 | €6,395 | €4,238 | -€2,158 | -33.7% |
| Furniture and vehicles | 24 | €23,685 | €22,669 | -€1,016 | -4.3% |
| Other tangible fixed assets | 26 | €79,136 | €69,594 | -€9,541 | -12.1% |
| Financial fixed assets | 28 | €10,096 | €10,096 | = | 0.0% |
| Current assets | 29/58 | €83,213 | €94,806 | +€11,593 | +13.9% |
| Stocks and contracts in progress | 3 | €34,000 | €25,000 | -€9,000 | -26.5% |
| Stocks | 30/36 | €34,000 | €25,000 | -€9,000 | -26.5% |
| Amounts receivable within one year | 40/41 | €28,202 | €54,148 | +€25,946 | +92.0% |
| Trade receivables | 40 | €28,202 | €54,148 | +€25,946 | +92.0% |
| Cash at bank and in hand | 54/58 | €20,567 | €15,081 | -€5,487 | -26.7% |
| Deferred charges and accrued income | 490/1 | €444 | €577 | +€133 | +30.0% |
| Total equity and liabilities | 10/49 | €202,526 | €201,403 | -€1,123 | -0.6% |
| Equity | 10/15 | -€42,373 | -€18,383 | +€23,990 | +56.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,373 | -€28,383 | +€23,990 | +45.8% |
| Amounts payable | 17/49 | €244,898 | €219,786 | -€25,112 | -10.3% |
| Amounts payable after more than one year | 17 | €25,723 | €15,742 | -€9,982 | -38.8% |
| Financial debts | 170/4 | €25,723 | €15,742 | -€9,982 | -38.8% |
| Amounts payable within one year | 42/48 | €219,175 | €204,045 | -€15,130 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €15,392 | €9,982 | -€5,410 | -35.1% |
| Trade debts | 44 | €74,502 | €87,988 | +€13,487 | +18.1% |
| Suppliers | 440/4 | €74,502 | €87,988 | +€13,487 | +18.1% |
| Taxes, remuneration and social security | 45 | €13,747 | €8,750 | -€4,997 | -36.3% |
| Taxes | 450/3 | €3,334 | €2,375 | -€958 | -28.7% |
| Remuneration and social security | 454/9 | €10,413 | €6,375 | -€4,038 | -38.8% |
| Other amounts payable | 47/48 | €115,535 | €97,324 | -€18,210 | -15.8% |
| Remuneration, social security and pensions | 62 | €80,919 | €74,029 | -€6,890 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,625 | €16,841 | +€1,216 | +7.8% |
| Other operating charges | 640/8 | €5,181 | €1,134 | -€4,047 | -78.1% |
| Gross operating margin | 9900 | €110,960 | €118,213 | +€7,253 | +6.5% |
| Operating profit (loss) | 9901 | €9,235 | €26,209 | +€16,974 | +183.8% |
| Financial income | 75/76B | €3 | €83 | +€80 | +2718.6% |
| Recurring financial income | 75 | €3 | €83 | +€80 | +2718.6% |
| Financial charges | 65/66B | €2,582 | €2,303 | -€279 | -10.8% |
| Recurring financial charges | 65 | €2,582 | €2,303 | -€279 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €6,656 | €23,990 | +€17,334 | +260.4% |
| Profit (loss) for the period | 9904 | €6,656 | €23,990 | +€17,334 | +260.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,656 | €23,990 | +€17,334 | +260.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.