UGESOFT: 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.
UGESOFT
Largest movements
- Cash +€376,198
up €376,198 (+281.0%), from €133,866 to €510,064
mainly Deferred charges and accrued income (+€295,226) and Net result for the year (+€96,663)
- Deferred charges and accrued income -€295,226
no longer reported in 2025 (was €295,226)
- Current investments +€26,636
up €26,636 (+494.4%), from €5,387 to €32,023
- Reserves +€97,000
up €97,000 (+23.3%), from €417,000 to €514,000
of which Tax-exempt reserves: +€90,000
- Trade debts +€8,701
up €8,701 (+52.6%), from €16,532 to €25,233
- Gross operating margin +€24,035
up €24,035 (+27.0%), from €88,971 to €113,006
- Turnover +€22,652
up €22,652 (+23.0%), from €98,700 to €121,352
- Taxes -€8,083
down €8,083 (-37.6%), from €21,516 to €13,433
- Purchases and services -€1,383
down €1,383 (-14.2%), from €9,729 to €8,346
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 | €483,424 | €582,361 | +€98,937 | +20.5% |
| Fixed assets | 21/28 | €7,667 | €3,833 | -€3,834 | -50.0% |
| Tangible fixed assets | 22/27 | €7,667 | €3,833 | -€3,834 | -50.0% |
| Furniture and vehicles | 24 | €7,667 | €3,833 | -€3,834 | -50.0% |
| Current assets | 29/58 | €475,757 | €578,528 | +€102,771 | +21.6% |
| Amounts receivable within one year | 40/41 | €41,278 | €36,441 | -€4,837 | -11.7% |
| Trade receivables | 40 | €29,040 | €35,404 | +€6,364 | +21.9% |
| Other amounts receivable | 41 | €12,238 | €1,037 | -€11,201 | -91.5% |
| Current investments | 50/53 | €5,387 | €32,023 | +€26,636 | +494.4% |
| Cash at bank and in hand | 54/58 | €133,866 | €510,064 | +€376,198 | +281.0% |
| Deferred charges and accrued income | 490/1 | €295,226 | - | -€295,226 | |
| Total equity and liabilities | 10/49 | €483,424 | €582,361 | +€98,937 | +20.5% |
| Equity | 10/15 | €437,908 | €534,571 | +€96,663 | +22.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €417,000 | €514,000 | +€97,000 | +23.3% |
| Non-distributable reserves | 130/1 | €26,000 | €26,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Other | 1319 | €24,000 | €24,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €44,000 | €134,000 | +€90,000 | +204.5% |
| Distributable reserves | 133 | €347,000 | €354,000 | +€7,000 | +2.0% |
| Profit (loss) carried forward | 14 | €908 | €571 | -€337 | -37.1% |
| Amounts payable | 17/49 | €45,516 | €47,790 | +€2,274 | +5.0% |
| Amounts payable within one year | 42/48 | €45,516 | €47,790 | +€2,274 | +5.0% |
| Trade debts | 44 | €16,532 | €25,233 | +€8,701 | +52.6% |
| Suppliers | 440/4 | €16,532 | €25,233 | +€8,701 | +52.6% |
| Taxes, remuneration and social security | 45 | €24,025 | €22,557 | -€1,468 | -6.1% |
| Taxes | 450/3 | €24,025 | €22,557 | -€1,468 | -6.1% |
| Other amounts payable | 47/48 | €4,959 | - | -€4,959 | |
| Turnover | 70 | €98,700 | €121,352 | +€22,652 | +23.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,729 | €8,346 | -€1,383 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,833 | €3,833 | -€1,000 | -20.7% |
| Other operating charges | 640/8 | €387 | €344 | -€43 | -11.1% |
| Gross operating margin | 9900 | €88,971 | €113,006 | +€24,035 | +27.0% |
| Operating profit (loss) | 9901 | €83,751 | €108,829 | +€25,078 | +29.9% |
| Financial income | 75/76B | €1,469 | €1,689 | +€220 | +15.0% |
| Recurring financial income | 75 | €1,469 | €1,689 | +€220 | +15.0% |
| Financial charges | 65/66B | €172 | €422 | +€250 | +145.3% |
| Recurring financial charges | 65 | €172 | €168 | -€4 | -2.3% |
| Non-recurring financial charges | 66B | - | €254 | +€254 | |
| Profit (loss) for the period before taxes | 9903 | €85,048 | €110,096 | +€25,048 | +29.5% |
| Income taxes | 67/77 | €21,516 | €13,433 | -€8,083 | -37.6% |
| Profit (loss) for the period | 9904 | €63,532 | €96,663 | +€33,131 | +52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €63,532 | €96,663 | +€33,131 | +52.1% |
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 3 October 2026 via checked.be.