UK - SYSTEMS: 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.
UK - SYSTEMS
Largest movements
- Tangible fixed assets +€7,597
up €7,597 (+200%), from €3,799 to €11,396
of which Other tangible fixed assets: +€5,912
- Cash +€3,077
up €3,077 (+6.6%), from €46,641 to €49,717
mainly Net result for the year (+€11,383) and Depreciation (+€2,664)
- Receivables within one year +€1,563
up €1,563 (+6.9%), from €22,675 to €24,239
of which Trade receivables: +€1,172
- Deferred charges and accrued income -€970
down €970 (-16.5%), from €5,874 to €4,904
- Profit (loss) carried forward +€11,383
up €11,383 (+84.1%), from -€13,528 to -€2,145
- Tax, wage and social debts -€1,248
down €1,248 (-22.9%), from €5,454 to €4,205
- Trade debts +€1,163
up €1,163 (+17.1%), from €6,817 to €7,980
- Gross operating margin -€18,020
down €18,020 (-47.8%), from €37,725 to €19,705
- Staff costs -€4,304
down €4,304 (-99.7%), from €4,317 to €13
- Depreciation -€2,459
down €2,459 (-48.0%), from €5,123 to €2,664
- Taxes +€1,240
up €1,240 (+34.5%), from €3,599 to €4,840
- Financial income +€462
up €462 (+305%), from €151 to €613
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 | €79,489 | €90,756 | +€11,267 | +14.2% |
| Fixed assets | 21/28 | €4,299 | €11,896 | +€7,597 | +177% |
| Tangible fixed assets | 22/27 | €3,799 | €11,396 | +€7,597 | +200% |
| Plant, machinery and equipment | 23 | €3,799 | €5,484 | +€1,685 | +44.4% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | - | €5,912 | +€5,912 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €75,190 | €78,860 | +€3,670 | +4.9% |
| Amounts receivable within one year | 40/41 | €22,675 | €24,239 | +€1,563 | +6.9% |
| Trade receivables | 40 | €9,486 | €10,659 | +€1,172 | +12.4% |
| Other amounts receivable | 41 | €13,189 | €13,580 | +€391 | +3.0% |
| Cash at bank and in hand | 54/58 | €46,641 | €49,717 | +€3,077 | +6.6% |
| Deferred charges and accrued income | 490/1 | €5,874 | €4,904 | -€970 | -16.5% |
| Total equity and liabilities | 10/49 | €79,489 | €90,756 | +€11,267 | +14.2% |
| Equity | 10/15 | €67,188 | €78,571 | +€11,383 | +16.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €74,516 | €74,516 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €74,516 | €74,516 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,528 | -€2,145 | +€11,383 | +84.1% |
| Amounts payable | 17/49 | €12,301 | €12,185 | -€116 | -0.9% |
| Amounts payable within one year | 42/48 | €12,301 | €12,185 | -€116 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €6,817 | €7,980 | +€1,163 | +17.1% |
| Suppliers | 440/4 | €6,817 | €7,980 | +€1,163 | +17.1% |
| Advances received on contracts in progress | 46 | €30 | €0 | -€30 | -100% |
| Taxes, remuneration and social security | 45 | €5,454 | €4,205 | -€1,248 | -22.9% |
| Taxes | 450/3 | €5,454 | €4,205 | -€1,248 | -22.9% |
| Non-recurring operating income | 76A | - | €79 | +€79 | |
| Remuneration, social security and pensions | 62 | €4,317 | €13 | -€4,304 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,123 | €2,664 | -€2,459 | -48.0% |
| Other operating charges | 640/8 | €1,373 | €1,010 | -€363 | -26.4% |
| Non-recurring operating charges | 66A | - | €69 | +€69 | |
| Gross operating margin | 9900 | €37,725 | €19,705 | -€18,020 | -47.8% |
| Operating profit (loss) | 9901 | €26,912 | €15,949 | -€10,963 | -40.7% |
| Financial income | 75/76B | €151 | €613 | +€462 | +305% |
| Recurring financial income | 75 | €151 | €613 | +€462 | +305% |
| Financial charges | 65/66B | €415 | €339 | -€75 | -18.2% |
| Recurring financial charges | 65 | €415 | €339 | -€75 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €26,648 | €16,222 | -€10,426 | -39.1% |
| Income taxes | 67/77 | €3,599 | €4,840 | +€1,240 | +34.5% |
| Profit (loss) for the period | 9904 | €23,049 | €11,383 | -€11,666 | -50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,049 | €11,383 | -€11,666 | -50.6% |
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 13 October 2026 via checked.be.