UILENBERG VASTGOED: 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.
UILENBERG VASTGOED
Largest movements
- Cash +€1.0m
up €1.0m (+180%), from €576,035 to €1.6m
mainly Current investments (+€880,883) and Net result for the year (+€143,492)
- Current investments -€880,883
down €880,883 (-59.6%), from €1.5m to €597,316
- Reserves +€143,492
up €143,492 (+8.3%), from €1.7m to €1.9m
of which Distributable reserves: +€143,492
- Financial income +€72,840
up €72,840 (+167%), from €43,628 to €116,469
- Taxes +€14,587
up €14,587 (+52.7%), from €27,666 to €42,253
- Financial charges +€9,739
up €9,739 (+6,789%), from €143 to €9,883
- Gross operating margin +€6,722
up €6,722 (+8.0%), from €84,213 to €90,935
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 | €2,495,307 | €2,648,148 | +€152,841 | +6.1% |
| Fixed assets | 21/28 | €436,822 | €429,493 | -€7,329 | -1.7% |
| Tangible fixed assets | 22/27 | €436,822 | €429,493 | -€7,329 | -1.7% |
| Land and buildings | 22 | €436,822 | €429,493 | -€7,329 | -1.7% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €2,058,486 | €2,218,655 | +€160,170 | +7.8% |
| Amounts receivable within one year | 40/41 | €4,251 | €7,537 | +€3,287 | +77.3% |
| Other amounts receivable | 41 | €4,251 | €7,537 | +€3,287 | +77.3% |
| Current investments | 50/53 | €1,478,200 | €597,316 | -€880,883 | -59.6% |
| Cash at bank and in hand | 54/58 | €576,035 | €1,613,802 | +€1.0m | +180% |
| Total equity and liabilities | 10/49 | €2,495,307 | €2,648,148 | +€152,841 | +6.1% |
| Equity | 10/15 | €2,490,307 | €2,633,799 | +€143,492 | +5.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,736,473 | €1,879,964 | +€143,492 | +8.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,736,473 | €1,879,964 | +€143,492 | +8.3% |
| Profit (loss) carried forward | 14 | €747,635 | €747,635 | = | 0.0% |
| Amounts payable | 17/49 | €5,000 | €14,349 | +€9,349 | +187% |
| Amounts payable within one year | 42/48 | €5,000 | €14,349 | +€9,349 | +187% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €5,000 | €14,349 | +€9,349 | +187% |
| Taxes | 450/3 | €5,000 | €14,349 | +€9,349 | +187% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,439 | €7,329 | -€110 | -1.5% |
| Other operating charges | 640/8 | €3,794 | €4,448 | +€653 | +17.2% |
| Gross operating margin | 9900 | €84,213 | €90,935 | +€6,722 | +8.0% |
| Operating profit (loss) | 9901 | €72,980 | €79,158 | +€6,179 | +8.5% |
| Financial income | 75/76B | €43,628 | €116,469 | +€72,840 | +167% |
| Recurring financial income | 75 | €43,628 | €116,469 | +€72,840 | +167% |
| Financial charges | 65/66B | €143 | €9,883 | +€9,739 | +6,789% |
| Recurring financial charges | 65 | €143 | €9,883 | +€9,739 | +6,789% |
| Profit (loss) for the period before taxes | 9903 | €116,464 | €185,744 | +€69,280 | +59.5% |
| Income taxes | 67/77 | €27,666 | €42,253 | +€14,587 | +52.7% |
| Profit (loss) for the period | 9904 | €88,799 | €143,492 | +€54,693 | +61.6% |
| Profit (loss) for the period to be appropriated | 9905 | €88,799 | €143,492 | +€54,693 | +61.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.