ufinity: 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.
What changed
ufinity
NACE 78.100, Employment placement agencies
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€161,429
2023 · €204,004-€42,575
Equity
€980,407
2023 · €818,977+€161,429
Cash
€715,712
2023 · €713,313+€2,398
Balance sheet total
€1.6m
2023 · €1.9m-€292,338
Largest movements
Assets
- Receivables within one year -€340,826
down €340,826 (-29.5%), from €1.2m to €815,268
of which Trade receivables: -€349,896
- Intangible fixed assets +€41,591
new in 2024: €41,591
Equity and liabilities
- Trade debts -€313,770
down €313,770 (-39.3%), from €798,874 to €485,104
- Reserves +€161,429
up €161,429 (+21.3%), from €756,977 to €918,407
of which Distributable reserves: +€197,029
- Other debts -€82,824
down €82,824 (-99.4%), from €83,327 to €503
- Tax, wage and social debts -€68,744
down €68,744 (-37.1%), from €185,533 to €116,789
of which Remuneration and social security: -€68,843
Income statement
- Gross operating margin -€28,381
down €28,381 (-1.6%), from €1.8m to €1.8m
- Write-downs +€24,680
new in 2024: €24,680
- Taxes -€21,350
down €21,350 (-23.0%), from €92,847 to €71,497
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.
Result 2023
€204,004
Gross operating margin
-€28,381
Staff costs
+€4,483
Depreciation
-€6,948
Write-downs
-€24,680
Other operating charges
+€572
Financial income
+€2,709
Financial charges
-€11,680
Taxes
+€21,350
Result 2024
€161,429
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.
From operations
+€57,466
Investment
-€53,107
Financing
-€1,961
Cash 2023
€713,313
From operations (derived)
+€57,466
Net result for the year
+€161,429
Depreciation
+€14,612
Receivables within one year
+€340,826
Deferred charges and accrued income
-€7,595
Trade debts
-€313,770
Tax, wage and social debts
-€68,744
Other debts
-€82,824
Accrued charges and deferred income
+€13,531
Investment (derived)
-€53,107
Investment in fixed assets (net)
-€53,107
Financing
-€1,961
Short-term financial debts
-€1,961
Cash 2024
€715,712
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,920,360 | €1,628,022 | -€292,338 | -15.2% |
| Fixed assets | 21/28 | €25,763 | €64,258 | +€38,495 | +149.4% |
| Intangible fixed assets | 21 | - | €41,591 | +€41,591 | |
| Tangible fixed assets | 22/27 | €25,738 | €22,642 | -€3,096 | -12.0% |
| Plant, machinery and equipment | 23 | €3,047 | €4,207 | +€1,160 | +38.1% |
| Furniture and vehicles | 24 | €7,354 | €5,140 | -€2,214 | -30.1% |
| Other tangible fixed assets | 26 | €15,337 | €13,296 | -€2,041 | -13.3% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €1,894,598 | €1,563,764 | -€330,833 | -17.5% |
| Amounts receivable within one year | 40/41 | €1,156,095 | €815,268 | -€340,826 | -29.5% |
| Trade receivables | 40 | €1,126,968 | €777,072 | -€349,896 | -31.0% |
| Other amounts receivable | 41 | €29,127 | €38,197 | +€9,070 | +31.1% |
| Cash at bank and in hand | 54/58 | €713,313 | €715,712 | +€2,398 | +0.3% |
| Deferred charges and accrued income | 490/1 | €25,190 | €32,784 | +€7,595 | +30.1% |
| Total equity and liabilities | 10/49 | €1,920,360 | €1,628,022 | -€292,338 | -15.2% |
| Equity | 10/15 | €818,977 | €980,407 | +€161,429 | +19.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €756,977 | €918,407 | +€161,429 | +21.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €35,600 | €0 | -€35,600 | -100.0% |
| Distributable reserves | 133 | €715,177 | €912,207 | +€197,029 | +27.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €147 | €147 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €147 | €147 | = | 0.0% |
| Pensions and similar obligations | 160 | €147 | €147 | = | 0.0% |
| Amounts payable | 17/49 | €1,101,236 | €647,468 | -€453,768 | -41.2% |
| Amounts payable within one year | 42/48 | €1,101,236 | €633,938 | -€467,298 | -42.4% |
| Financial debts | 43 | €33,503 | €31,542 | -€1,961 | -5.9% |
| Credit institutions | 430/8 | €33,503 | €31,542 | -€1,961 | -5.9% |
| Trade debts | 44 | €798,874 | €485,104 | -€313,770 | -39.3% |
| Suppliers | 440/4 | €798,874 | €485,104 | -€313,770 | -39.3% |
| Taxes, remuneration and social security | 45 | €185,533 | €116,789 | -€68,744 | -37.1% |
| Taxes | 450/3 | €63,855 | €63,955 | +€100 | +0.2% |
| Remuneration and social security | 454/9 | €121,678 | €52,835 | -€68,843 | -56.6% |
| Other amounts payable | 47/48 | €83,327 | €503 | -€82,824 | -99.4% |
| Accrued charges and deferred income | 492/3 | - | €13,531 | +€13,531 | |
| Remuneration, social security and pensions | 62 | €1,467,777 | €1,463,294 | -€4,483 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,663 | €14,612 | +€6,948 | +90.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €24,680 | +€24,680 | |
| Other operating charges | 640/8 | €3,034 | €2,463 | -€572 | -18.8% |
| Gross operating margin | 9900 | €1,801,998 | €1,773,617 | -€28,381 | -1.6% |
| Operating profit (loss) | 9901 | €323,523 | €268,569 | -€54,955 | -17.0% |
| Financial income | 75/76B | €3 | €2,712 | +€2,709 | +95376.1% |
| Recurring financial income | 75 | €3 | €2,712 | +€2,709 | +95376.1% |
| Financial charges | 65/66B | €26,675 | €38,355 | +€11,680 | +43.8% |
| Recurring financial charges | 65 | €26,675 | €38,355 | +€11,680 | +43.8% |
| Profit (loss) for the period before taxes | 9903 | €296,851 | €232,926 | -€63,926 | -21.5% |
| Income taxes | 67/77 | €92,847 | €71,497 | -€21,350 | -23.0% |
| Profit (loss) for the period | 9904 | €204,004 | €161,429 | -€42,575 | -20.9% |
| Transfer from tax-exempt reserves | 789 | - | €35,600 | +€35,600 | |
| Profit (loss) for the period to be appropriated | 9905 | €204,004 | €197,029 | -€6,975 | -3.4% |
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 30 September 2026 via checked.be.