UFG TRANS: 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.
UFG TRANS
Largest movements
- Tangible fixed assets -€43,077
down €43,077 (-24.1%), from €178,433 to €135,356
of which Furniture and vehicles: -€42,982
- Receivables within one year +€37,000
up €37,000 (+54.0%), from €68,516 to €105,516
of which Trade receivables: +€30,956
- Cash -€32,202
down €32,202 (-32.0%), from €100,780 to €68,579
mainly Contributions, distributions and other (-€85,000) and Receivables within one year (-€37,000)
- Current portion of long-term debt -€36,791
down €36,791 (-55.1%), from €66,726 to €29,936
- Other debts +€21,500
up €21,500 (+33.9%), from €63,500 to €85,000
- Debts after one year -€15,526
down €15,526 (-39.9%), from €38,934 to €23,408
- Trade debts -€4,358
down €4,358 (-34.5%), from €12,648 to €8,290
- Staff costs +€72,148
up €72,148 (+38.0%), from €189,879 to €262,027
- Gross operating margin +€63,200
up €63,200 (+16.1%), from €392,713 to €455,913
- Other operating charges -€18,033
down €18,033 (-83.7%), from €21,533 to €3,501
- Depreciation +€11,073
up €11,073 (+20.9%), from €53,004 to €64,077
- Financial charges -€5,802
down €5,802 (-41.1%), from €14,130 to €8,328
of which Non-recurring financial charges: -€4,110
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 | €374,990 | €338,543 | -€36,447 | -9.7% |
| Fixed assets | 21/28 | €203,533 | €160,456 | -€43,077 | -21.2% |
| Tangible fixed assets | 22/27 | €178,433 | €135,356 | -€43,077 | -24.1% |
| Plant, machinery and equipment | 23 | €261 | €166 | -€94 | -36.2% |
| Furniture and vehicles | 24 | €178,172 | €135,190 | -€42,982 | -24.1% |
| Financial fixed assets | 28 | €25,100 | €25,100 | = | 0.0% |
| Current assets | 29/58 | €171,458 | €178,087 | +€6,629 | +3.9% |
| Amounts receivable within one year | 40/41 | €68,516 | €105,516 | +€37,000 | +54.0% |
| Trade receivables | 40 | €5,720 | €36,675 | +€30,956 | +541% |
| Other amounts receivable | 41 | €62,796 | €68,841 | +€6,044 | +9.6% |
| Cash at bank and in hand | 54/58 | €100,780 | €68,579 | -€32,202 | -32.0% |
| Deferred charges and accrued income | 490/1 | €2,161 | €3,992 | +€1,831 | +84.7% |
| Total equity and liabilities | 10/49 | €374,990 | €338,543 | -€36,447 | -9.7% |
| Equity | 10/15 | €71,149 | €72,510 | +€1,361 | +1.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €66,149 | €67,510 | +€1,361 | +2.1% |
| Distributable reserves | 133 | €66,149 | €67,510 | +€1,361 | +2.1% |
| Amounts payable | 17/49 | €303,841 | €266,033 | -€37,809 | -12.4% |
| Amounts payable after more than one year | 17 | €38,934 | €23,408 | -€15,526 | -39.9% |
| Financial debts | 170/4 | €38,934 | €23,408 | -€15,526 | -39.9% |
| Amounts payable within one year | 42/48 | €264,908 | €242,625 | -€22,282 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €66,726 | €29,936 | -€36,791 | -55.1% |
| Trade debts | 44 | €12,648 | €8,290 | -€4,358 | -34.5% |
| Suppliers | 440/4 | €12,648 | €8,290 | -€4,358 | -34.5% |
| Taxes, remuneration and social security | 45 | €122,033 | €119,400 | -€2,634 | -2.2% |
| Taxes | 450/3 | €112,254 | €88,074 | -€24,181 | -21.5% |
| Remuneration and social security | 454/9 | €9,779 | €31,326 | +€21,547 | +220% |
| Other amounts payable | 47/48 | €63,500 | €85,000 | +€21,500 | +33.9% |
| Non-recurring operating income | 76A | €91 | - | -€91 | |
| Remuneration, social security and pensions | 62 | €189,879 | €262,027 | +€72,148 | +38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,004 | €64,077 | +€11,073 | +20.9% |
| Other operating charges | 640/8 | €21,533 | €3,501 | -€18,033 | -83.7% |
| Gross operating margin | 9900 | €392,713 | €455,913 | +€63,200 | +16.1% |
| Operating profit (loss) | 9901 | €128,296 | €126,309 | -€1,988 | -1.5% |
| Financial income | 75/76B | €2,161 | €3,993 | +€1,832 | +84.8% |
| Recurring financial income | 75 | €2,161 | €3,993 | +€1,832 | +84.8% |
| Financial charges | 65/66B | €14,130 | €8,328 | -€5,802 | -41.1% |
| Recurring financial charges | 65 | €7,512 | €5,819 | -€1,692 | -22.5% |
| Non-recurring financial charges | 66B | €6,619 | €2,509 | -€4,110 | -62.1% |
| Profit (loss) for the period before taxes | 9903 | €116,327 | €121,974 | +€5,647 | +4.9% |
| Income taxes | 67/77 | €32,117 | €35,613 | +€3,496 | +10.9% |
| Profit (loss) for the period | 9904 | €84,210 | €86,361 | +€2,151 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €84,210 | €86,361 | +€2,151 | +2.6% |
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 18 October 2026 via checked.be.