UFFRA: 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.
UFFRA
Largest movements
- Cash +€95,278
up €95,278 (+51.1%), from €186,447 to €281,725
mainly Net result for the year (+€119,550) and Debts after one year (+€21,764)
- Receivables within one year +€36,532
up €36,532 (+103961.6%), from €35 to €36,567
of which Other amounts receivable: +€36,509
- Tangible fixed assets +€25,330
up €25,330 (+31.2%), from €81,265 to €106,595
- Reserves +€119,550
up €119,550 (+70.1%), from €170,567 to €290,117
- Debts after one year +€21,764
up €21,764 (+45.6%), from €47,696 to €69,460
- Current portion of long-term debt +€9,589
up €9,589 (+71.2%), from €13,465 to €23,053
- Tax, wage and social debts +€5,018
up €5,018 (+12.9%), from €38,894 to €43,911
- Gross operating margin +€31,190
up €31,190 (+21.6%), from €144,109 to €175,299
- Taxes +€7,406
up €7,406 (+26.4%), from €28,023 to €35,429
- Financial income +€5,896
up €5,896 (+180.7%), from €3,263 to €9,160
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.
Cash bridge derived
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 | €275,370 | €432,073 | +€156,703 | +56.9% |
| Fixed assets | 21/28 | €81,265 | €106,595 | +€25,330 | +31.2% |
| Tangible fixed assets | 22/27 | €81,265 | €106,595 | +€25,330 | +31.2% |
| Furniture and vehicles | 24 | €81,265 | €106,595 | +€25,330 | +31.2% |
| Current assets | 29/58 | €194,105 | €325,478 | +€131,373 | +67.7% |
| Amounts receivable within one year | 40/41 | €35 | €36,567 | +€36,532 | +103961.6% |
| Trade receivables | 40 | - | €23 | +€23 | |
| Other amounts receivable | 41 | €35 | €36,544 | +€36,509 | +103896.5% |
| Current investments | 50/53 | €2,923 | €622 | -€2,301 | -78.7% |
| Cash at bank and in hand | 54/58 | €186,447 | €281,725 | +€95,278 | +51.1% |
| Deferred charges and accrued income | 490/1 | €4,700 | €6,564 | +€1,865 | +39.7% |
| Total equity and liabilities | 10/49 | €275,370 | €432,073 | +€156,703 | +56.9% |
| Equity | 10/15 | €173,067 | €292,617 | +€119,550 | +69.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €170,567 | €290,117 | +€119,550 | +70.1% |
| Distributable reserves | 133 | €170,567 | €290,117 | +€119,550 | +70.1% |
| Amounts payable | 17/49 | €102,303 | €139,456 | +€37,153 | +36.3% |
| Amounts payable after more than one year | 17 | €47,696 | €69,460 | +€21,764 | +45.6% |
| Financial debts | 170/4 | €47,696 | €69,460 | +€21,764 | +45.6% |
| Amounts payable within one year | 42/48 | €54,606 | €69,996 | +€15,390 | +28.2% |
| Current portion of amounts payable after more than one year | 42 | €13,465 | €23,053 | +€9,589 | +71.2% |
| Trade debts | 44 | €2,248 | €3,031 | +€783 | +34.8% |
| Suppliers | 440/4 | €2,248 | €3,031 | +€783 | +34.8% |
| Taxes, remuneration and social security | 45 | €38,894 | €43,911 | +€5,018 | +12.9% |
| Taxes | 450/3 | €38,894 | €43,911 | +€5,018 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,412 | €21,155 | -€1,257 | -5.6% |
| Other operating charges | 640/8 | €3,786 | €5,480 | +€1,694 | +44.7% |
| Gross operating margin | 9900 | €144,109 | €175,299 | +€31,190 | +21.6% |
| Operating profit (loss) | 9901 | €117,911 | €148,665 | +€30,753 | +26.1% |
| Financial income | 75/76B | €3,263 | €9,160 | +€5,896 | +180.7% |
| Recurring financial income | 75 | €3,263 | €9,160 | +€5,896 | +180.7% |
| Financial charges | 65/66B | €2,151 | €2,846 | +€695 | +32.3% |
| Recurring financial charges | 65 | €2,151 | €2,846 | +€695 | +32.3% |
| Profit (loss) for the period before taxes | 9903 | €119,023 | €154,978 | +€35,955 | +30.2% |
| Income taxes | 67/77 | €28,023 | €35,429 | +€7,406 | +26.4% |
| Profit (loss) for the period | 9904 | €91,001 | €119,550 | +€28,549 | +31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €91,001 | €119,550 | +€28,549 | +31.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.