UDI: 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.
UDI
Largest movements
- Receivables within one year +€81,475
up €81,475 (+197%), from €41,258 to €122,733
of which Trade receivables: +€84,347
- Tangible fixed assets +€45,368
up €45,368 (+11.0%), from €410,581 to €455,949
of which Furniture and vehicles: +€72,122
- Cash +€17,410
up €17,410 (+118%), from €14,735 to €32,145
mainly Net result for the year (+€59,068) and Trade debts (+€57,227)
- Profit (loss) carried forward +€59,068
up €59,068 (+56.1%), from €105,228 to €164,296
- Trade debts +€57,227
up €57,227 (+184%), from €31,038 to €88,265
of which Bills of exchange payable: +€56,576
- Tax, wage and social debts +€22,431
up €22,431 (+773%), from €2,900 to €25,331
of which Taxes: +€19,100
- Current portion of long-term debt +€15,406
up €15,406 (+76.5%), from €20,129 to €35,535
- Debts after one year -€9,166
down €9,166 (-3.5%), from €265,268 to €256,103
- Turnover +€74,260
up €74,260 (+11.0%), from €673,914 to €748,174
- Gross operating margin +€72,483
up €72,483 (+125%), from €58,186 to €130,669
- Taxes +€19,151
up €19,151 (+655%), from €2,925 to €22,075
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €466,574 | €610,826 | +€144,253 | +30.9% |
| Fixed assets | 21/28 | €410,581 | €455,949 | +€45,368 | +11.0% |
| Tangible fixed assets | 22/27 | €410,581 | €455,949 | +€45,368 | +11.0% |
| Land and buildings | 22 | €376,172 | €353,385 | -€22,787 | -6.1% |
| Plant, machinery and equipment | 23 | €33,714 | €29,747 | -€3,967 | -11.8% |
| Furniture and vehicles | 24 | €695 | €72,817 | +€72,122 | +10,379% |
| Current assets | 29/58 | €55,993 | €154,878 | +€98,885 | +177% |
| Amounts receivable within one year | 40/41 | €41,258 | €122,733 | +€81,475 | +197% |
| Trade receivables | 40 | €33,169 | €117,516 | +€84,347 | +254% |
| Other amounts receivable | 41 | €8,089 | €5,217 | -€2,873 | -35.5% |
| Cash at bank and in hand | 54/58 | €14,735 | €32,145 | +€17,410 | +118% |
| Total equity and liabilities | 10/49 | €466,574 | €610,826 | +€144,253 | +30.9% |
| Equity | 10/15 | €120,328 | €179,396 | +€59,068 | +49.1% |
| Contributions | 10/11 | €13,200 | €13,200 | = | 0.0% |
| Capital | 10 | €13,200 | - | -€13,200 | |
| Issued capital | 100 | €13,200 | - | -€13,200 | |
| Contributions outside capital | 11 | - | €13,200 | +€13,200 | |
| Other | 1109/19 | - | €13,200 | +€13,200 | |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | - | -€1,900 | |
| Legal reserve | 130 | €1,900 | - | -€1,900 | |
| Distributable reserves | 133 | - | €1,900 | +€1,900 | |
| Profit (loss) carried forward | 14 | €105,228 | €164,296 | +€59,068 | +56.1% |
| Amounts payable | 17/49 | €346,246 | €431,430 | +€85,185 | +24.6% |
| Amounts payable after more than one year | 17 | €265,268 | €256,103 | -€9,166 | -3.5% |
| Financial debts | 170/4 | €265,268 | €256,103 | -€9,166 | -3.5% |
| Amounts payable within one year | 42/48 | €80,977 | €175,328 | +€94,350 | +117% |
| Current portion of amounts payable after more than one year | 42 | €20,129 | €35,535 | +€15,406 | +76.5% |
| Trade debts | 44 | €31,038 | €88,265 | +€57,227 | +184% |
| Suppliers | 440/4 | €4,646 | €5,298 | +€651 | +14.0% |
| Bills of exchange payable | 441 | €26,391 | €82,967 | +€56,576 | +214% |
| Taxes, remuneration and social security | 45 | €2,900 | €25,331 | +€22,431 | +773% |
| Taxes | 450/3 | €2,900 | €22,000 | +€19,100 | +659% |
| Remuneration and social security | 454/9 | - | €3,331 | +€3,331 | |
| Other amounts payable | 47/48 | €26,911 | €26,197 | -€714 | -2.7% |
| Turnover | 70 | €673,914 | €748,174 | +€74,260 | +11.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €615,728 | €617,505 | +€1,777 | +0.3% |
| Remuneration, social security and pensions | 62 | €1,667 | €1,024 | -€643 | -38.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,768 | €37,929 | +€3,161 | +9.1% |
| Other operating charges | 640/8 | €2,455 | €2,680 | +€224 | +9.1% |
| Gross operating margin | 9900 | €58,186 | €130,669 | +€72,483 | +125% |
| Operating profit (loss) | 9901 | €19,295 | €89,036 | +€69,741 | +361% |
| Financial charges | 65/66B | €8,146 | €7,892 | -€254 | -3.1% |
| Recurring financial charges | 65 | €8,146 | €7,892 | -€254 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €11,149 | €81,144 | +€69,995 | +628% |
| Income taxes | 67/77 | €2,925 | €22,075 | +€19,151 | +655% |
| Profit (loss) for the period | 9904 | €8,224 | €59,068 | +€50,844 | +618% |
| Profit (loss) for the period to be appropriated | 9905 | €8,224 | €59,068 | +€50,844 | +618% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.