UD VISION: 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 VISION
Largest movements
- Tangible fixed assets -€13,098
down €13,098 (-27.7%), from €47,339 to €34,240
of which Furniture and vehicles: -€12,447
- Cash +€11,133
up €11,133 (+114%), from €9,801 to €20,934
mainly Depreciation (+€13,098) and Net result for the year (+€4,592)
- Debts after one year -€11,970
down €11,970 (-45.1%), from €26,546 to €14,576
- Reserves +€4,590
up €4,590 (+10.1%), from €45,670 to €50,260
- Tax, wage and social debts +€3,374
up €3,374 (+38.7%), from €8,711 to €12,085
- Trade debts +€3,225
up €3,225 (+7,107%), from €45 to €3,271
- Other debts -€2,138
down €2,138 (-99.4%), from €2,150 to €12
- Gross operating margin -€4,149
down €4,149 (-16.3%), from €25,500 to €21,351
- Taxes -€1,741
down €1,741 (-40.2%), from €4,328 to €2,587
- Financial charges -€532
down €532 (-26.5%), from €2,008 to €1,477
- Financial income -€267
down €267 (-21.0%), from €1,272 to €1,005
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 | €113,984 | €111,575 | -€2,409 | -2.1% |
| Fixed assets | 21/28 | €49,537 | €36,439 | -€13,098 | -26.4% |
| Tangible fixed assets | 22/27 | €47,339 | €34,240 | -€13,098 | -27.7% |
| Furniture and vehicles | 24 | €38,222 | €25,775 | -€12,447 | -32.6% |
| Other tangible fixed assets | 26 | €9,116 | €8,465 | -€651 | -7.1% |
| Financial fixed assets | 28 | €2,198 | €2,198 | = | 0.0% |
| Current assets | 29/58 | €64,447 | €75,137 | +€10,689 | +16.6% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,691 | €23,207 | -€483 | -2.0% |
| Trade receivables | 40 | €22,257 | €23,073 | +€817 | +3.7% |
| Other amounts receivable | 41 | €1,434 | €134 | -€1,300 | -90.6% |
| Cash at bank and in hand | 54/58 | €9,801 | €20,934 | +€11,133 | +114% |
| Deferred charges and accrued income | 490/1 | €956 | €995 | +€40 | +4.2% |
| Total equity and liabilities | 10/49 | €113,984 | €111,575 | -€2,409 | -2.1% |
| Equity | 10/15 | €64,436 | €69,028 | +€4,592 | +7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,670 | €50,260 | +€4,590 | +10.1% |
| Distributable reserves | 133 | €45,670 | €50,260 | +€4,590 | +10.1% |
| Profit (loss) carried forward | 14 | €166 | €168 | +€2 | +1.2% |
| Amounts payable | 17/49 | €49,548 | €42,547 | -€7,001 | -14.1% |
| Amounts payable after more than one year | 17 | €26,546 | €14,576 | -€11,970 | -45.1% |
| Financial debts | 170/4 | €26,546 | €14,576 | -€11,970 | -45.1% |
| Amounts payable within one year | 42/48 | €23,002 | €27,971 | +€4,969 | +21.6% |
| Current portion of amounts payable after more than one year | 42 | €12,095 | €12,603 | +€507 | +4.2% |
| Trade debts | 44 | €45 | €3,271 | +€3,225 | +7,107% |
| Suppliers | 440/4 | €45 | €3,271 | +€3,225 | +7,107% |
| Taxes, remuneration and social security | 45 | €8,711 | €12,085 | +€3,374 | +38.7% |
| Taxes | 450/3 | €8,711 | €12,085 | +€3,374 | +38.7% |
| Other amounts payable | 47/48 | €2,150 | €12 | -€2,138 | -99.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,846 | €13,098 | +€252 | +2.0% |
| Other operating charges | 640/8 | €591 | €602 | +€11 | +1.8% |
| Gross operating margin | 9900 | €25,500 | €21,351 | -€4,149 | -16.3% |
| Operating profit (loss) | 9901 | €12,063 | €7,651 | -€4,412 | -36.6% |
| Financial income | 75/76B | €1,272 | €1,005 | -€267 | -21.0% |
| Recurring financial income | 75 | €1,272 | €1,005 | -€267 | -21.0% |
| Financial charges | 65/66B | €2,008 | €1,477 | -€532 | -26.5% |
| Recurring financial charges | 65 | €2,008 | €1,477 | -€532 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €11,327 | €7,179 | -€4,148 | -36.6% |
| Income taxes | 67/77 | €4,328 | €2,587 | -€1,741 | -40.2% |
| Profit (loss) for the period | 9904 | €6,999 | €4,592 | -€2,407 | -34.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,999 | €4,592 | -€2,407 | -34.4% |
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.