Ucomar: 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.
Ucomar
Largest movements
- Cash -€192,026
down €192,026 (-23.9%), from €803,364 to €611,337
mainly Other debts (-€263,592) and Contributions, distributions and other (-€163,750)
- Receivables within one year -€30,538
down €30,538 (-5.3%), from €576,903 to €546,365
of which Trade receivables: -€53,417
- Other debts -€263,592
down €263,592 (-62.0%), from €425,127 to €161,536
- Profit (loss) carried forward +€110,725
up €110,725 (+28.7%), from €386,220 to €496,944
- Advances received -€88,509
down €88,509 (-29.1%), from €304,339 to €215,830
- Tax, wage and social debts +€44,470
up €44,470 (+95.2%), from €46,700 to €91,170
of which Remuneration and social security: +€26,236
- Trade debts -€26,041
down €26,041 (-23.5%), from €110,727 to €84,686
- Gross operating margin -€206,626
down €206,626 (-19.8%), from €1.0m to €837,905
- Staff costs +€49,960
up €49,960 (+11.5%), from €434,285 to €484,245
- Other operating charges +€12,558
up €12,558 (+694%), from €1,809 to €14,367
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 | €1,548,601 | €1,325,655 | -€222,946 | -14.4% |
| Fixed assets | 21/28 | €16,969 | €10,931 | -€6,038 | -35.6% |
| Tangible fixed assets | 22/27 | €16,540 | €10,503 | -€6,038 | -36.5% |
| Plant, machinery and equipment | 23 | €2,068 | €1,645 | -€423 | -20.4% |
| Furniture and vehicles | 24 | €14,472 | €8,857 | -€5,615 | -38.8% |
| Financial fixed assets | 28 | €428 | €428 | = | 0.0% |
| Current assets | 29/58 | €1,531,632 | €1,314,724 | -€216,909 | -14.2% |
| Amounts receivable within one year | 40/41 | €576,903 | €546,365 | -€30,538 | -5.3% |
| Trade receivables | 40 | €475,375 | €421,959 | -€53,417 | -11.2% |
| Other amounts receivable | 41 | €101,528 | €124,406 | +€22,879 | +22.5% |
| Current investments | 50/53 | €150,524 | €149,599 | -€925 | -0.6% |
| Cash at bank and in hand | 54/58 | €803,364 | €611,337 | -€192,026 | -23.9% |
| Deferred charges and accrued income | 490/1 | €841 | €7,422 | +€6,581 | +782% |
| Total equity and liabilities | 10/49 | €1,548,601 | €1,325,655 | -€222,946 | -14.4% |
| Equity | 10/15 | €661,707 | €772,432 | +€110,725 | +16.7% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €151,488 | €151,488 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,088 | €19,088 | = | 0.0% |
| Distributable reserves | 133 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €386,220 | €496,944 | +€110,725 | +28.7% |
| Amounts payable | 17/49 | €886,894 | €553,223 | -€333,671 | -37.6% |
| Amounts payable within one year | 42/48 | €886,894 | €553,223 | -€333,671 | -37.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €110,727 | €84,686 | -€26,041 | -23.5% |
| Suppliers | 440/4 | €110,727 | €84,686 | -€26,041 | -23.5% |
| Advances received on contracts in progress | 46 | €304,339 | €215,830 | -€88,509 | -29.1% |
| Taxes, remuneration and social security | 45 | €46,700 | €91,170 | +€44,470 | +95.2% |
| Taxes | 450/3 | €0 | €18,235 | +€18,235 | |
| Remuneration and social security | 454/9 | €46,700 | €72,936 | +€26,236 | +56.2% |
| Other amounts payable | 47/48 | €425,127 | €161,536 | -€263,592 | -62.0% |
| Non-recurring operating income | 76A | - | €7,053 | +€7,053 | |
| Remuneration, social security and pensions | 62 | €434,285 | €484,245 | +€49,960 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,225 | €6,038 | -€3,187 | -34.6% |
| Other operating charges | 640/8 | €1,809 | €14,367 | +€12,558 | +694% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,044,530 | €837,905 | -€206,626 | -19.8% |
| Operating profit (loss) | 9901 | €599,211 | €333,255 | -€265,956 | -44.4% |
| Financial income | 75/76B | €12,902 | €14,651 | +€1,750 | +13.6% |
| Recurring financial income | 75 | €12,902 | €14,651 | +€1,750 | +13.6% |
| Financial charges | 65/66B | €17,184 | €20,171 | +€2,987 | +17.4% |
| Recurring financial charges | 65 | €10,552 | €10,244 | -€308 | -2.9% |
| Non-recurring financial charges | 66B | €6,633 | €9,928 | +€3,295 | +49.7% |
| Profit (loss) for the period before taxes | 9903 | €594,928 | €327,735 | -€267,193 | -44.9% |
| Income taxes | 67/77 | €57,896 | €53,261 | -€4,636 | -8.0% |
| Profit (loss) for the period | 9904 | €537,032 | €274,475 | -€262,557 | -48.9% |
| Profit (loss) for the period to be appropriated | 9905 | €537,032 | €274,475 | -€262,557 | -48.9% |
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 15 October 2026 via checked.be.