UD TECH: 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.
UD TECH
Largest movements
- Receivables within one year +€20,241
up €20,241 (+191%), from €10,579 to €30,820
of which Other amounts receivable: +€22,569
- Tangible fixed assets -€17,220
down €17,220 (-27.4%), from €62,777 to €45,557
- Cash -€3,075
down €3,075 (-100%), from €3,075 to €0
mainly Receivables within one year (-€20,241) and Debts after one year (-€9,155)
- Debts after one year -€9,155
down €9,155 (-21.6%), from €42,389 to €33,235
- Current portion of long-term debt +€6,495
up €6,495 (+47.2%), from €13,753 to €20,247
- Trade debts -€4,973
down €4,973 (-62.0%), from €8,025 to €3,052
- Profit (loss) carried forward +€3,826
up €3,826 (+27.5%), from €13,914 to €17,740
- Tax, wage and social debts +€3,623
up €3,623 (+43.3%), from €8,373 to €11,996
- Gross operating margin +€8,662
up €8,662 (+30.7%), from €28,234 to €36,896
- Taxes +€4,009
up €4,009 (+158%), from €2,539 to €6,548
- Other operating charges +€1,660
up €1,660 (+50.2%), from €3,306 to €4,966
- Financial income -€805
down €805 (-100%), from €805 to €0
- Financial charges -€514
down €514 (-10.6%), from €4,851 to €4,336
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 | €86,555 | €86,501 | -€54 | -0.1% |
| Fixed assets | 21/28 | €62,777 | €45,557 | -€17,220 | -27.4% |
| Tangible fixed assets | 22/27 | €62,777 | €45,557 | -€17,220 | -27.4% |
| Leasing and similar rights | 25 | €62,777 | €45,557 | -€17,220 | -27.4% |
| Current assets | 29/58 | €23,778 | €40,944 | +€17,166 | +72.2% |
| Amounts receivable after more than one year | 29 | €10,124 | €10,124 | = | 0.0% |
| Other amounts receivable | 291 | €10,124 | €10,124 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,579 | €30,820 | +€20,241 | +191% |
| Trade receivables | 40 | €2,328 | €0 | -€2,328 | -100% |
| Other amounts receivable | 41 | €8,251 | €30,820 | +€22,569 | +274% |
| Cash at bank and in hand | 54/58 | €3,075 | €0 | -€3,075 | -100% |
| Total equity and liabilities | 10/49 | €86,555 | €86,501 | -€54 | -0.1% |
| Equity | 10/15 | €14,014 | €17,840 | +€3,826 | +27.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Contributions outside capital | 11 | €100 | - | -€100 | |
| Other | 1109/19 | €100 | - | -€100 | |
| Profit (loss) carried forward | 14 | €13,914 | €17,740 | +€3,826 | +27.5% |
| Amounts payable | 17/49 | €72,541 | €68,661 | -€3,880 | -5.3% |
| Amounts payable after more than one year | 17 | €42,389 | €33,235 | -€9,155 | -21.6% |
| Financial debts | 170/4 | €42,389 | €33,235 | -€9,155 | -21.6% |
| Amounts payable within one year | 42/48 | €30,151 | €35,426 | +€5,275 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €13,753 | €20,247 | +€6,495 | +47.2% |
| Financial debts | 43 | - | €131 | +€131 | |
| Credit institutions | 430/8 | - | €131 | +€131 | |
| Trade debts | 44 | €8,025 | €3,052 | -€4,973 | -62.0% |
| Suppliers | 440/4 | €8,025 | €3,052 | -€4,973 | -62.0% |
| Taxes, remuneration and social security | 45 | €8,373 | €11,996 | +€3,623 | +43.3% |
| Taxes | 450/3 | €8,373 | €11,996 | +€3,623 | +43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,220 | €17,220 | = | 0.0% |
| Other operating charges | 640/8 | €3,306 | €4,966 | +€1,660 | +50.2% |
| Gross operating margin | 9900 | €28,234 | €36,896 | +€8,662 | +30.7% |
| Operating profit (loss) | 9901 | €7,708 | €14,710 | +€7,002 | +90.8% |
| Financial income | 75/76B | €805 | €0 | -€805 | -100% |
| Recurring financial income | 75 | €805 | €0 | -€805 | -100% |
| Financial charges | 65/66B | €4,851 | €4,336 | -€514 | -10.6% |
| Recurring financial charges | 65 | €4,851 | €4,336 | -€514 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €3,663 | €10,374 | +€6,711 | +183% |
| Income taxes | 67/77 | €2,539 | €6,548 | +€4,009 | +158% |
| Profit (loss) for the period | 9904 | €1,124 | €3,826 | +€2,702 | +240% |
| Profit (loss) for the period to be appropriated | 9905 | €1,124 | €3,826 | +€2,702 | +240% |
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 13 October 2026 via checked.be.