UCOFISC: 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.
UCOFISC
Largest movements
- Cash +€52,795
up €52,795 (+246.3%), from €21,436 to €74,231
mainly Current portion of long-term debt (+€48,992) and Other debts (+€46,040)
- Receivables within one year +€29,061
up €29,061 (+178.0%), from €16,326 to €45,387
of which Trade receivables: +€25,434
- Tangible fixed assets -€21,499
down €21,499 (-33.5%), from €64,156 to €42,658
- Deferred charges and accrued income +€5,054
up €5,054 (+4456.4%), from €113 to €5,167
- Current portion of long-term debt +€48,992
up €48,992 (+556.9%), from €8,797 to €57,789
- Other debts +€46,040
up €46,040 (+336.0%), from €13,704 to €59,744
- Reserves -€40,000
down €40,000 (-95.6%), from €41,860 to €1,860
of which Distributable reserves: -€40,000
- Tax, wage and social debts +€10,884
up €10,884 (+53.7%), from €20,283 to €31,167
of which Taxes: +€10,597
- Debts after one year -€10,237
down €10,237 (-43.7%), from €23,421 to €13,184
- Gross operating margin +€71,379
up €71,379 (+52.2%), from €136,702 to €208,081
- Financial charges +€38,215
up €38,215 (+56.6%), from €67,573 to €105,788
- Staff costs +€13,098
up €13,098 (+22.1%), from €59,297 to €72,395
- Depreciation -€3,994
down €3,994 (-14.2%), from €28,219 to €24,226
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 | €104,710 | €168,609 | +€63,899 | +61.0% |
| Fixed assets | 21/28 | €66,836 | €43,825 | -€23,011 | -34.4% |
| Intangible fixed assets | 21 | €2,679 | €1,167 | -€1,512 | -56.4% |
| Tangible fixed assets | 22/27 | €64,156 | €42,658 | -€21,499 | -33.5% |
| Plant, machinery and equipment | 23 | €5,171 | €3,321 | -€1,850 | -35.8% |
| Furniture and vehicles | 24 | €25,732 | €16,601 | -€9,131 | -35.5% |
| Leasing and similar rights | 25 | €33,254 | €22,736 | -€10,518 | -31.6% |
| Current assets | 29/58 | €37,875 | €124,784 | +€86,909 | +229.5% |
| Amounts receivable within one year | 40/41 | €16,326 | €45,387 | +€29,061 | +178.0% |
| Trade receivables | 40 | €16,173 | €41,607 | +€25,434 | +157.3% |
| Other amounts receivable | 41 | €153 | €3,780 | +€3,627 | +2369.7% |
| Cash at bank and in hand | 54/58 | €21,436 | €74,231 | +€52,795 | +246.3% |
| Deferred charges and accrued income | 490/1 | €113 | €5,167 | +€5,054 | +4456.4% |
| Total equity and liabilities | 10/49 | €104,710 | €168,609 | +€63,899 | +61.0% |
| Equity | 10/15 | €29,172 | -€6,242 | -€35,413 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,860 | €1,860 | -€40,000 | -95.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €0 | -€40,000 | -100.0% |
| Profit (loss) carried forward | 14 | -€31,288 | -€26,702 | +€4,587 | +14.7% |
| Amounts payable | 17/49 | €75,539 | €174,851 | +€99,312 | +131.5% |
| Amounts payable after more than one year | 17 | €23,421 | €13,184 | -€10,237 | -43.7% |
| Financial debts | 170/4 | €23,421 | €13,184 | -€10,237 | -43.7% |
| Amounts payable within one year | 42/48 | €52,118 | €161,667 | +€109,549 | +210.2% |
| Current portion of amounts payable after more than one year | 42 | €8,797 | €57,789 | +€48,992 | +556.9% |
| Trade debts | 44 | €9,334 | €12,967 | +€3,633 | +38.9% |
| Suppliers | 440/4 | €9,334 | €12,967 | +€3,633 | +38.9% |
| Taxes, remuneration and social security | 45 | €20,283 | €31,167 | +€10,884 | +53.7% |
| Taxes | 450/3 | €20,283 | €30,880 | +€10,597 | +52.2% |
| Remuneration and social security | 454/9 | - | €286 | +€286 | |
| Other amounts payable | 47/48 | €13,704 | €59,744 | +€46,040 | +336.0% |
| Non-recurring operating income | 76A | €1,000 | €0 | -€1,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €59,297 | €72,395 | +€13,098 | +22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,219 | €24,226 | -€3,994 | -14.2% |
| Other operating charges | 640/8 | €1,612 | €868 | -€744 | -46.1% |
| Gross operating margin | 9900 | €136,702 | €208,081 | +€71,379 | +52.2% |
| Operating profit (loss) | 9901 | €47,573 | €110,592 | +€63,019 | +132.5% |
| Financial income | 75/76B | €8 | €3 | -€5 | -65.9% |
| Recurring financial income | 75 | €8 | €3 | -€5 | -65.9% |
| Financial charges | 65/66B | €67,573 | €105,788 | +€38,215 | +56.6% |
| Recurring financial charges | 65 | €67,573 | €105,788 | +€38,215 | +56.6% |
| Profit (loss) for the period before taxes | 9903 | -€19,992 | €4,807 | +€24,799 | |
| Income taxes | 67/77 | €162 | €220 | +€58 | +36.0% |
| Profit (loss) for the period | 9904 | -€20,154 | €4,587 | +€24,741 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,154 | €4,587 | +€24,741 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.