UGR CONSULTING: 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.
UGR CONSULTING
Largest movements
- Receivables within one year +€211,878
up €211,878 (+906%), from €23,373 to €235,251
of which Trade receivables: +€110,409
- Cash +€80,293
up €80,293 (+30.2%), from €265,883 to €346,176
mainly Other debts (+€428,000) and Net result for the year (+€205,778)
- Other debts +€428,000
new in 2025: €428,000
- Profit (loss) carried forward -€222,222
down €222,222 (-90.0%), from €246,946 to €24,723
- Tax, wage and social debts +€45,466
up €45,466 (+64.1%), from €70,938 to €116,404
- Trade debts +€34,428
up €34,428 (+1,476%), from €2,332 to €36,761
- Gross operating margin +€127,730
up €127,730 (+83.7%), from €152,655 to €280,386
- Taxes +€38,501
up €38,501 (+117%), from €32,811 to €71,312
- Other operating charges -€5,379
down €5,379 (-81.2%), from €6,621 to €1,242
- Financial income +€4,861
up €4,861 (+804%), from €604 to €5,465
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 | €323,426 | €607,888 | +€284,462 | +88.0% |
| Fixed assets | 21/28 | €10,696 | €8,342 | -€2,355 | -22.0% |
| Tangible fixed assets | 22/27 | €10,696 | €8,342 | -€2,355 | -22.0% |
| Furniture and vehicles | 24 | €10,696 | €7,070 | -€3,626 | -33.9% |
| Other tangible fixed assets | 26 | - | €1,271 | +€1,271 | |
| Current assets | 29/58 | €312,730 | €599,546 | +€286,816 | +91.7% |
| Amounts receivable within one year | 40/41 | €23,373 | €235,251 | +€211,878 | +906% |
| Trade receivables | 40 | €3,649 | €114,058 | +€110,409 | +3,026% |
| Other amounts receivable | 41 | €19,724 | €121,193 | +€101,469 | +514% |
| Cash at bank and in hand | 54/58 | €265,883 | €346,176 | +€80,293 | +30.2% |
| Deferred charges and accrued income | 490/1 | €23,473 | €18,119 | -€5,354 | -22.8% |
| Total equity and liabilities | 10/49 | €323,426 | €607,888 | +€284,462 | +88.0% |
| Equity | 10/15 | €248,946 | €26,723 | -€222,222 | -89.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €246,946 | €24,723 | -€222,222 | -90.0% |
| Amounts payable | 17/49 | €74,481 | €581,165 | +€506,684 | +680% |
| Amounts payable within one year | 42/48 | €74,481 | €581,165 | +€506,684 | +680% |
| Trade debts | 44 | €2,332 | €36,761 | +€34,428 | +1,476% |
| Suppliers | 440/4 | €2,332 | €36,761 | +€34,428 | +1,476% |
| Advances received on contracts in progress | 46 | €1,210 | - | -€1,210 | |
| Taxes, remuneration and social security | 45 | €70,938 | €116,404 | +€45,466 | +64.1% |
| Taxes | 450/3 | €70,938 | €116,404 | +€45,466 | +64.1% |
| Other amounts payable | 47/48 | - | €428,000 | +€428,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,206 | €3,713 | +€507 | +15.8% |
| Other operating charges | 640/8 | €6,621 | €1,242 | -€5,379 | -81.2% |
| Gross operating margin | 9900 | €152,655 | €280,386 | +€127,730 | +83.7% |
| Operating profit (loss) | 9901 | €142,829 | €275,431 | +€132,602 | +92.8% |
| Financial income | 75/76B | €604 | €5,465 | +€4,861 | +804% |
| Recurring financial income | 75 | €604 | €5,465 | +€4,861 | +804% |
| Financial charges | 65/66B | €3,264 | €3,806 | +€543 | +16.6% |
| Recurring financial charges | 65 | €3,264 | €3,806 | +€543 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | €140,169 | €277,090 | +€136,920 | +97.7% |
| Income taxes | 67/77 | €32,811 | €71,312 | +€38,501 | +117% |
| Profit (loss) for the period | 9904 | €107,358 | €205,778 | +€98,419 | +91.7% |
| Profit (loss) for the period to be appropriated | 9905 | €107,358 | €205,778 | +€98,419 | +91.7% |
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 27 October 2026 via checked.be.