uFund: 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
uFund
NACE 59.111, Production of cinema films
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€806,842
2024 · €1.9m-€1.1m
Equity
€8.0m
2024 · €7.2m+€806,842
Cash
€1.3m
2024 · €9.1m-€7.8m
Balance sheet total
€36.8m
2024 · €37.2m-€413,328
Largest movements
Assets
- Cash -€7.8m
down €7.8m (-85.5%), from €9.1m to €1.3m
mainly Receivables within one year (-€7.0m) and Other debts (-€1.1m)
- Receivables within one year +€7.0m
up €7.0m (+65.4%), from €10.7m to €17.7m
of which Other amounts receivable: +€6.9m
- Current investments +€442,369
up €442,369 (+6.1%), from €7.2m to €7.7m
Equity and liabilities
- Other debts -€1.1m
down €1.1m (-3.8%), from €28.2m to €27.1m
- Profit (loss) carried forward +€806,842
up €806,842 (+13.6%), from €5.9m to €6.7m
Income statement
- Taxes -€418,416
down €418,416, from €342,218 to -€76,198
of which Taxes: -€245,645
- Turnover -€136,161
down €136,161 (-2.4%), from €5.6m to €5.5m
- Goods and materials +€120,949
up €120,949 (+10.9%), from €1.1m to €1.2m
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.
Result 2024
€1.9m
Turnover
-€136,161
Other operating income
-€29,561
Goods and materials
-€120,949
Services and other goods
-€19,977
Staff costs
-€6,039
Depreciation
+€31,511
Other operating charges
+€28,261
Other operating items
-€1.3m
Financial income
+€41,729
Financial charges
+€24,468
Taxes
+€418,416
Result 2025
€806,842
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€7.2m
Investment
-€464,449
Financing
-€148,376
Cash 2024
€9.1m
From operations (derived)
-€7.2m
Net result for the year
+€806,842
Depreciation
+€23,753
Receivables within one year
-€7.0m
Deferred charges and accrued income
+€34,354
Trade debts
+€267,044
Tax, wage and social debts
-€256,760
Other debts
-€1.1m
Accrued charges and deferred income
-€5,206
Investment (derived)
-€464,449
Investment in fixed assets (net)
-€22,080
Current investments
-€442,369
Financing
-€148,376
Current portion of long-term debt
-€62,620
Short-term financial debts
-€85,756
Cash 2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,234,535 | €36,821,207 | -€413,328 | -1.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €10,081,042 | €10,079,369 | -€1,673 | 0.0% |
| Intangible fixed assets | 21 | €14,915 | €31,039 | +€16,124 | +108% |
| Tangible fixed assets | 22/27 | €47,837 | €30,040 | -€17,797 | -37.2% |
| Furniture and vehicles | 24 | €47,837 | €30,040 | -€17,797 | -37.2% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €10,018,290 | €10,018,290 | = | 0.0% |
| Affiliated companies | 280/1 | €10,018,290 | €10,018,290 | = | 0.0% |
| Participating interests | 280 | €10,018,290 | €10,018,290 | = | 0.0% |
| Current assets | 29/58 | €27,153,493 | €26,741,838 | -€411,654 | -1.5% |
| Amounts receivable within one year | 40/41 | €10,712,418 | €17,716,479 | +€7.0m | +65.4% |
| Trade receivables | 40 | €920,851 | €1,019,712 | +€98,861 | +10.7% |
| Other amounts receivable | 41 | €9,791,566 | €16,696,767 | +€6.9m | +70.5% |
| Current investments | 50/53 | €7,220,128 | €7,662,497 | +€442,369 | +6.1% |
| Other investments | 51/53 | €7,220,128 | €7,662,497 | +€442,369 | +6.1% |
| Cash at bank and in hand | 54/58 | €9,146,625 | €1,322,894 | -€7.8m | -85.5% |
| Deferred charges and accrued income | 490/1 | €74,322 | €39,968 | -€34,354 | -46.2% |
| Total equity and liabilities | 10/49 | €37,234,535 | €36,821,207 | -€413,328 | -1.1% |
| Equity | 10/15 | €7,231,794 | €8,038,636 | +€806,842 | +11.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,246,650 | €1,246,650 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €1,240,500 | €1,240,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,923,644 | €6,730,486 | +€806,842 | +13.6% |
| Provisions and deferred taxes | 16 | €449,443 | €449,443 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €449,443 | €449,443 | = | 0.0% |
| Other liabilities and charges | 164/5 | €449,443 | €449,443 | = | 0.0% |
| Amounts payable | 17/49 | €29,553,298 | €28,333,128 | -€1.2m | -4.1% |
| Amounts payable after more than one year | 17 | €0 | €0 | = | |
| Financial debts | 170/4 | €0 | €0 | = | |
| Credit institutions | 173 | €0 | €0 | = | |
| Amounts payable within one year | 42/48 | €29,545,324 | €28,330,361 | -€1.2m | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €62,620 | €0 | -€62,620 | -100% |
| Financial debts | 43 | €92,095 | €6,339 | -€85,756 | -93.1% |
| Credit institutions | 430/8 | €12,005 | €6,339 | -€5,666 | -47.2% |
| Other loans | 439 | €80,090 | €0 | -€80,090 | -100% |
| Trade debts | 44 | €644,218 | €911,262 | +€267,044 | +41.5% |
| Suppliers | 440/4 | €644,218 | €911,262 | +€267,044 | +41.5% |
| Taxes, remuneration and social security | 45 | €582,098 | €325,338 | -€256,760 | -44.1% |
| Taxes | 450/3 | €368,712 | €133,184 | -€235,528 | -63.9% |
| Remuneration and social security | 454/9 | €213,385 | €192,153 | -€21,232 | -10.0% |
| Other amounts payable | 47/48 | €28,164,293 | €27,087,422 | -€1.1m | -3.8% |
| Accrued charges and deferred income | 492/3 | €7,974 | €2,768 | -€5,206 | -65.3% |
| Operating income | 70/76A | €5,921,384 | €6,003,536 | +€82,152 | +1.4% |
| Turnover | 70 | €5,641,566 | €5,505,406 | -€136,161 | -2.4% |
| Other operating income | 74 | €47,254 | €17,694 | -€29,561 | -62.6% |
| Non-recurring operating income | 76A | €232,563 | €480,436 | +€247,873 | +107% |
| Operating charges | 60/66A | €3,820,916 | €5,488,985 | +€1.7m | +43.7% |
| Goods for resale, raw materials and consumables | 60 | €1,111,350 | €1,232,299 | +€120,949 | +10.9% |
| Purchases | 600/8 | €1,111,350 | €1,232,299 | +€120,949 | +10.9% |
| Services and other goods | 61 | €1,601,024 | €1,621,001 | +€19,977 | +1.2% |
| Remuneration, social security and pensions | 62 | €834,415 | €840,454 | +€6,039 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,265 | €23,753 | -€31,511 | -57.0% |
| Other operating charges | 640/8 | €29,935 | €1,673 | -€28,261 | -94.4% |
| Non-recurring operating charges | 66A | €188,928 | €1,769,805 | +€1.6m | +837% |
| Operating profit (loss) | 9901 | €2,100,467 | €514,550 | -€1.6m | -75.5% |
| Financial income | 75/76B | €302,586 | €344,314 | +€41,729 | +13.8% |
| Recurring financial income | 75 | €302,586 | €344,314 | +€41,729 | +13.8% |
| Income from current assets | 751 | €302,585 | €344,314 | +€41,729 | +13.8% |
| Other financial income | 752/9 | €0 | €0 | -€0 | -62.5% |
| Financial charges | 65/66B | €152,688 | €128,220 | -€24,468 | -16.0% |
| Recurring financial charges | 65 | €152,688 | €128,220 | -€24,468 | -16.0% |
| Debt charges | 650 | €135,662 | €109,305 | -€26,356 | -19.4% |
| Other financial charges | 652/9 | €17,027 | €18,915 | +€1,888 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €2,250,364 | €730,644 | -€1.5m | -67.5% |
| Income taxes | 67/77 | €342,218 | -€76,198 | -€418,416 | |
| Taxes | 670/3 | €372,501 | €126,856 | -€245,645 | -65.9% |
| Tax adjustments and reversals of tax provisions | 77 | €30,283 | €203,053 | +€172,771 | +571% |
| Profit (loss) for the period | 9904 | €1,908,146 | €806,842 | -€1.1m | -57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,908,146 | €806,842 | -€1.1m | -57.7% |
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 29 October 2026 via checked.be.