UDYFISC: what changed
Two fiscal 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.
UDYFISC
Largest movements
- Cash +€105,049
up €105,049 (+4434.5%), from €2,369 to €107,418
mainly Receivables within one year (+€73,770) and Net result for the year (+€72,591)
- Receivables within one year -€73,770
down €73,770 (-23.0%), from €320,923 to €247,153
of which Trade receivables: -€73,789
- Tangible fixed assets -€23,133
down €23,133 (-21.3%), from €108,688 to €85,555
of which Furniture and vehicles: -€13,573
- Reserves +€64,890
up €64,890 (+41.0%), from €158,090 to €222,980
- Debts after one year -€22,122
down €22,122 (-31.9%), from €69,361 to €47,239
- Short-term financial debts -€15,000
no longer reported in 2024 (was €15,000)
- Tax, wage and social debts -€13,524
down €13,524 (-34.8%), from €38,826 to €25,302
of which Taxes: -€25,867
- Accrued charges and deferred income -€4,598
down €4,598 (-97.8%), from €4,700 to €102
- Gross operating margin +€54,510
up €54,510 (+27.8%), from €196,062 to €250,573
- Staff costs +€27,070
up €27,070 (+37.0%), from €73,158 to €100,228
- Taxes +€14,351
up €14,351 (+56.3%), from €25,499 to €39,850
- Other operating charges -€8,406
down €8,406 (-73.3%), from €11,473 to €3,067
- Depreciation +€7,939
up €7,939 (+42.3%), from €18,762 to €26,701
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.
Cash bridge derived
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 | €436,548 | €443,283 | +€6,734 | +1.5% |
| Fixed assets | 21/28 | €110,420 | €86,563 | -€23,857 | -21.6% |
| Intangible fixed assets | 21 | €1,607 | €883 | -€724 | -45.1% |
| Tangible fixed assets | 22/27 | €108,688 | €85,555 | -€23,133 | -21.3% |
| Land and buildings | 22 | €48,516 | €38,957 | -€9,560 | -19.7% |
| Furniture and vehicles | 24 | €60,171 | €46,598 | -€13,573 | -22.6% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €326,129 | €356,720 | +€30,591 | +9.4% |
| Amounts receivable within one year | 40/41 | €320,923 | €247,153 | -€73,770 | -23.0% |
| Trade receivables | 40 | €320,908 | €247,119 | -€73,789 | -23.0% |
| Other amounts receivable | 41 | €15 | €34 | +€19 | +122.5% |
| Cash at bank and in hand | 54/58 | €2,369 | €107,418 | +€105,049 | +4434.5% |
| Deferred charges and accrued income | 490/1 | €2,837 | €2,149 | -€688 | -24.2% |
| Total equity and liabilities | 10/49 | €436,548 | €443,283 | +€6,734 | +1.5% |
| Equity | 10/15 | €188,648 | €253,539 | +€64,891 | +34.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €158,090 | €222,980 | +€64,890 | +41.0% |
| Distributable reserves | 133 | €158,090 | €222,980 | +€64,890 | +41.0% |
| Profit (loss) carried forward | 14 | €10,098 | €10,099 | +€1 | 0.0% |
| Amounts payable | 17/49 | €247,900 | €189,744 | -€58,156 | -23.5% |
| Amounts payable after more than one year | 17 | €69,361 | €47,239 | -€22,122 | -31.9% |
| Financial debts | 170/4 | €69,361 | €47,239 | -€22,122 | -31.9% |
| Amounts payable within one year | 42/48 | €173,839 | €142,402 | -€31,437 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €21,417 | €22,122 | +€705 | +3.3% |
| Financial debts | 43 | €15,000 | - | -€15,000 | |
| Credit institutions | 430/8 | €15,000 | - | -€15,000 | |
| Trade debts | 44 | €9,045 | €5,612 | -€3,433 | -38.0% |
| Suppliers | 440/4 | €9,045 | €5,612 | -€3,433 | -38.0% |
| Taxes, remuneration and social security | 45 | €38,826 | €25,302 | -€13,524 | -34.8% |
| Taxes | 450/3 | €38,826 | €12,959 | -€25,867 | -66.6% |
| Remuneration and social security | 454/9 | - | €12,344 | +€12,344 | |
| Other amounts payable | 47/48 | €89,551 | €89,366 | -€185 | -0.2% |
| Accrued charges and deferred income | 492/3 | €4,700 | €102 | -€4,598 | -97.8% |
| Remuneration, social security and pensions | 62 | €73,158 | €100,228 | +€27,070 | +37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,762 | €26,701 | +€7,939 | +42.3% |
| Other operating charges | 640/8 | €11,473 | €3,067 | -€8,406 | -73.3% |
| Gross operating margin | 9900 | €196,062 | €250,573 | +€54,510 | +27.8% |
| Operating profit (loss) | 9901 | €92,669 | €120,577 | +€27,908 | +30.1% |
| Financial income | 75/76B | €2 | €989 | +€988 | +63314.1% |
| Recurring financial income | 75 | €2 | €989 | +€988 | +63314.1% |
| Financial charges | 65/66B | €6,180 | €9,126 | +€2,946 | +47.7% |
| Recurring financial charges | 65 | €6,180 | €9,126 | +€2,946 | +47.7% |
| Profit (loss) for the period before taxes | 9903 | €86,491 | €112,441 | +€25,950 | +30.0% |
| Income taxes | 67/77 | €25,499 | €39,850 | +€14,351 | +56.3% |
| Profit (loss) for the period | 9904 | €60,992 | €72,591 | +€11,598 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €60,992 | €72,591 | +€11,598 | +19.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.