UKKO MANAGEMENT: 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.
UKKO MANAGEMENT
Largest movements
- Cash +€22,603
up €22,603 (+27.9%), from €81,034 to €103,638
mainly Net result for the year (+€49,916) and Depreciation (+€1,407)
- Tangible fixed assets +€14,094
up €14,094 (+1460.1%), from €965 to €15,059
of which Furniture and vehicles: +€7,683
- Receivables within one year +€3,557
up €3,557 (+13.1%), from €27,186 to €30,743
of which Other amounts receivable: +€15,938
- Deferred charges and accrued income +€2,893
up €2,893 (+82.4%), from €3,511 to €6,404
- Profit (loss) carried forward +€49,916
up €49,916 (+67.0%), from €74,539 to €124,455
- Tax, wage and social debts -€6,138
down €6,138 (-19.7%), from €31,166 to €25,028
of which Taxes: -€6,138
- Gross operating margin -€4,570
down €4,570 (-6.4%), from €71,901 to €67,331
- Financial charges +€1,458
up €1,458 (+152.9%), from €954 to €2,412
- Financial income +€1,160
up €1,160 (+134.8%), from €860 to €2,020
- Taxes -€871
down €871 (-5.6%), from €15,509 to €14,637
- Depreciation +€801
up €801 (+132.1%), from €606 to €1,407
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 | €112,696 | €155,844 | +€43,147 | +38.3% |
| Fixed assets | 21/28 | €965 | €15,059 | +€14,094 | +1460.1% |
| Tangible fixed assets | 22/27 | €965 | €15,059 | +€14,094 | +1460.1% |
| Land and buildings | 22 | - | €6,410 | +€6,410 | |
| Furniture and vehicles | 24 | €965 | €8,649 | +€7,683 | +796.0% |
| Current assets | 29/58 | €111,731 | €140,785 | +€29,054 | +26.0% |
| Amounts receivable within one year | 40/41 | €27,186 | €30,743 | +€3,557 | +13.1% |
| Trade receivables | 40 | €12,380 | €0 | -€12,380 | -100.0% |
| Other amounts receivable | 41 | €14,806 | €30,743 | +€15,938 | +107.6% |
| Cash at bank and in hand | 54/58 | €81,034 | €103,638 | +€22,603 | +27.9% |
| Deferred charges and accrued income | 490/1 | €3,511 | €6,404 | +€2,893 | +82.4% |
| Total equity and liabilities | 10/49 | €112,696 | €155,844 | +€43,147 | +38.3% |
| Equity | 10/15 | €79,539 | €129,455 | +€49,916 | +62.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,539 | €124,455 | +€49,916 | +67.0% |
| Amounts payable | 17/49 | €33,158 | €26,389 | -€6,769 | -20.4% |
| Amounts payable within one year | 42/48 | €33,158 | €26,389 | -€6,769 | -20.4% |
| Trade debts | 44 | €1,991 | €1,361 | -€631 | -31.7% |
| Suppliers | 440/4 | €1,991 | €1,361 | -€631 | -31.7% |
| Taxes, remuneration and social security | 45 | €31,166 | €25,028 | -€6,138 | -19.7% |
| Taxes | 450/3 | €31,166 | €25,028 | -€6,138 | -19.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €606 | €1,407 | +€801 | +132.1% |
| Other operating charges | 640/8 | €734 | €979 | +€246 | +33.5% |
| Gross operating margin | 9900 | €71,901 | €67,331 | -€4,570 | -6.4% |
| Operating profit (loss) | 9901 | €70,562 | €64,945 | -€5,616 | -8.0% |
| Financial income | 75/76B | €860 | €2,020 | +€1,160 | +134.8% |
| Recurring financial income | 75 | €860 | €2,020 | +€1,160 | +134.8% |
| Financial charges | 65/66B | €954 | €2,412 | +€1,458 | +152.9% |
| Recurring financial charges | 65 | €954 | €2,412 | +€1,458 | +152.9% |
| Profit (loss) for the period before taxes | 9903 | €70,468 | €64,553 | -€5,915 | -8.4% |
| Income taxes | 67/77 | €15,509 | €14,637 | -€871 | -5.6% |
| Profit (loss) for the period | 9904 | €54,960 | €49,916 | -€5,044 | -9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,960 | €49,916 | -€5,044 | -9.2% |
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 5 October 2026 via checked.be.