UDEV.BE: 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.
UDEV.BE
Largest movements
- Cash +€30,997
up €30,997 (+47.9%), from €64,743 to €95,741
mainly Other debts (+€30,088) and Net result for the year (+€25,057)
- Tangible fixed assets -€2,728
down €2,728 (-27.0%), from €10,089 to €7,361
of which Furniture and vehicles: -€2,655
- Other debts +€30,088
up €30,088 (+145%), from €20,703 to €50,791
- Trade debts -€3,183
down €3,183 (-76.5%), from €4,159 to €976
- Tax, wage and social debts +€2,991
up €2,991 (+40.0%), from €7,473 to €10,464
of which Taxes: +€2,991
- Gross operating margin -€16,648
down €16,648 (-28.9%), from €57,620 to €40,973
- Taxes +€2,546
up €2,546 (+26.7%), from €9,520 to €12,067
- Depreciation -€959
down €959 (-26.0%), from €3,687 to €2,728
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 | €196,799 | €225,277 | +€28,478 | +14.5% |
| Fixed assets | 21/28 | €10,089 | €7,361 | -€2,728 | -27.0% |
| Tangible fixed assets | 22/27 | €10,089 | €7,361 | -€2,728 | -27.0% |
| Plant, machinery and equipment | 23 | €73 | €0 | -€73 | -100% |
| Furniture and vehicles | 24 | €10,016 | €7,361 | -€2,655 | -26.5% |
| Current assets | 29/58 | €186,710 | €217,916 | +€31,206 | +16.7% |
| Amounts receivable within one year | 40/41 | €12,947 | €12,517 | -€430 | -3.3% |
| Trade receivables | 40 | €12,367 | €12,517 | +€150 | +1.2% |
| Other amounts receivable | 41 | €580 | €0 | -€580 | -100% |
| Current investments | 50/53 | €105,000 | €105,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €64,743 | €95,741 | +€30,997 | +47.9% |
| Deferred charges and accrued income | 490/1 | €4,021 | €4,659 | +€638 | +15.9% |
| Total equity and liabilities | 10/49 | €196,799 | €225,277 | +€28,478 | +14.5% |
| Equity | 10/15 | €164,463 | €163,038 | -€1,426 | -0.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €157,463 | €156,038 | -€1,426 | -0.9% |
| Distributable reserves | 133 | €157,463 | €156,038 | -€1,426 | -0.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €32,335 | €62,239 | +€29,904 | +92.5% |
| Amounts payable within one year | 42/48 | €32,335 | €62,239 | +€29,904 | +92.5% |
| Financial debts | 43 | €0 | €8 | +€8 | |
| Credit institutions | 430/8 | €0 | €8 | +€8 | |
| Trade debts | 44 | €4,159 | €976 | -€3,183 | -76.5% |
| Suppliers | 440/4 | €4,159 | €976 | -€3,183 | -76.5% |
| Taxes, remuneration and social security | 45 | €7,473 | €10,464 | +€2,991 | +40.0% |
| Taxes | 450/3 | €7,473 | €10,464 | +€2,991 | +40.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €20,703 | €50,791 | +€30,088 | +145% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,687 | €2,728 | -€959 | -26.0% |
| Other operating charges | 640/8 | €505 | €743 | +€237 | +47.0% |
| Gross operating margin | 9900 | €57,620 | €40,973 | -€16,648 | -28.9% |
| Operating profit (loss) | 9901 | €53,428 | €37,502 | -€15,926 | -29.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €249 | €379 | +€130 | +52.1% |
| Recurring financial charges | 65 | €249 | €379 | +€130 | +52.1% |
| Profit (loss) for the period before taxes | 9903 | €53,179 | €37,123 | -€16,056 | -30.2% |
| Income taxes | 67/77 | €9,520 | €12,067 | +€2,546 | +26.7% |
| Profit (loss) for the period | 9904 | €43,659 | €25,057 | -€18,602 | -42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,659 | €25,057 | -€18,602 | -42.6% |
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.