UFIN: 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.
What changed
UFIN
NACE 64.999, Other financial services
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€204,835
2025 · €216,895-€12,060
Equity
€623,921
2025 · €959,187-€335,267
Cash
€242,291
2025 · €368,476-€126,185
Balance sheet total
€883,114
2025 · €1.0m-€148,559
Largest movements
Assets
- Cash -€126,185
down €126,185 (-34.2%), from €368,476 to €242,291
mainly Contributions, distributions and other (-€540,102) and Investment in fixed assets (net) (-€73,482)
- Deferred charges and accrued income -€32,870
down €32,870 (-15.8%), from €207,743 to €174,873
Equity and liabilities
- Reserves -€335,267
down €335,267 (-35.6%), from €940,587 to €605,321
- Other debts +€190,723
up €190,723, from €0 to €190,723
Income statement
- Staff costs +€42,813
up €42,813 (+36.3%), from €118,005 to €160,817
- Gross operating margin +€23,239
up €23,239 (+4.5%), from €515,247 to €538,486
From the 2025 result to the 2026 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.
Result 2025
€216,895
Gross operating margin
+€23,239
Staff costs
-€42,813
Depreciation
+€3,833
Other operating charges
+€780
Financial income
+€2,987
Financial charges
+€1,734
Taxes
-€1,821
Result 2026
€204,835
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€487,399
Investment
-€73,482
Financing
-€540,102
Cash 2025
€368,476
From operations (derived)
+€487,399
Net result for the year
+€204,835
Depreciation
+€68,710
Receivables within one year
-€5,724
Deferred charges and accrued income
+€32,870
Trade debts
+€1,912
Tax, wage and social debts
-€5,604
Other debts
+€190,723
Accrued charges and deferred income
-€323
Investment (derived)
-€73,482
Investment in fixed assets (net)
-€73,482
Financing
-€540,102
Contributions, distributions and other
-€540,102
Cash 2026
€242,291
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,031,673 | €883,114 | -€148,559 | -14.4% |
| Fixed assets | 21/28 | €453,361 | €458,133 | +€4,772 | +1.1% |
| Tangible fixed assets | 22/27 | €453,361 | €458,133 | +€4,772 | +1.1% |
| Land and buildings | 22 | €393,040 | €384,448 | -€8,592 | -2.2% |
| Plant, machinery and equipment | 23 | €5,732 | €9,061 | +€3,329 | +58.1% |
| Furniture and vehicles | 24 | €54,589 | €64,624 | +€10,035 | +18.4% |
| Current assets | 29/58 | €578,312 | €424,981 | -€153,331 | -26.5% |
| Amounts receivable within one year | 40/41 | €2,093 | €7,818 | +€5,724 | +273% |
| Trade receivables | 40 | €376 | €5,130 | +€4,754 | +1,264% |
| Other amounts receivable | 41 | €1,717 | €2,687 | +€970 | +56.5% |
| Cash at bank and in hand | 54/58 | €368,476 | €242,291 | -€126,185 | -34.2% |
| Deferred charges and accrued income | 490/1 | €207,743 | €174,873 | -€32,870 | -15.8% |
| Total equity and liabilities | 10/49 | €1,031,673 | €883,114 | -€148,559 | -14.4% |
| Equity | 10/15 | €959,187 | €623,921 | -€335,267 | -35.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €940,587 | €605,321 | -€335,267 | -35.6% |
| Distributable reserves | 133 | €940,587 | €605,321 | -€335,267 | -35.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €39,747 | €39,747 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €39,747 | €39,747 | = | 0.0% |
| Pensions and similar obligations | 160 | €39,747 | €39,747 | = | 0.0% |
| Amounts payable | 17/49 | €32,739 | €219,446 | +€186,708 | +570% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €32,415 | €219,446 | +€187,031 | +577% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €51 | €1,963 | +€1,912 | +3,781% |
| Suppliers | 440/4 | €51 | €1,963 | +€1,912 | +3,781% |
| Taxes, remuneration and social security | 45 | €32,365 | €26,761 | -€5,604 | -17.3% |
| Taxes | 450/3 | €32,317 | €26,761 | -€5,557 | -17.2% |
| Remuneration and social security | 454/9 | €48 | €0 | -€48 | -100% |
| Other amounts payable | 47/48 | €0 | €190,723 | +€190,723 | |
| Accrued charges and deferred income | 492/3 | €323 | €0 | -€323 | -100% |
| Remuneration, social security and pensions | 62 | €118,005 | €160,817 | +€42,813 | +36.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,543 | €68,710 | -€3,833 | -5.3% |
| Other operating charges | 640/8 | €4,000 | €3,221 | -€780 | -19.5% |
| Gross operating margin | 9900 | €515,247 | €538,486 | +€23,239 | +4.5% |
| Operating profit (loss) | 9901 | €320,698 | €305,738 | -€14,961 | -4.7% |
| Financial income | 75/76B | €1,887 | €4,874 | +€2,987 | +158% |
| Recurring financial income | 75 | €1,887 | €4,874 | +€2,987 | +158% |
| Financial charges | 65/66B | €2,410 | €675 | -€1,734 | -72.0% |
| Recurring financial charges | 65 | €2,410 | €675 | -€1,734 | -72.0% |
| Profit (loss) for the period before taxes | 9903 | €320,176 | €309,937 | -€10,239 | -3.2% |
| Income taxes | 67/77 | €103,281 | €105,101 | +€1,821 | +1.8% |
| Profit (loss) for the period | 9904 | €216,895 | €204,835 | -€12,060 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €216,895 | €204,835 | -€12,060 | -5.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.