UKKONEN: 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.
UKKONEN
Largest movements
- Tangible fixed assets -€9,444
down €9,444 (-24.8%), from €38,052 to €28,607
of which Furniture and vehicles: -€8,957
- Cash -€3,213
down €3,213 (-16.9%), from €19,029 to €15,816
mainly Debts after one year (-€15,000) and Receivables within one year (-€2,870)
- Receivables within one year +€2,870
up €2,870 (+67.7%), from €4,239 to €7,109
of which Other amounts receivable: +€6,181
- Debts after one year -€15,000
no longer reported in 2025 (was €15,000)
- Profit (loss) carried forward +€5,993
up €5,993 (+21.1%), from €28,453 to €34,446
- Advances received +€2,500
up €2,500 (+500%), from €500 to €3,000
- Other debts -€2,206
down €2,206 (-50.2%), from €4,391 to €2,186
- Tax, wage and social debts -€1,509
down €1,509 (-40.1%), from €3,760 to €2,251
- Gross operating margin -€22,056
down €22,056 (-52.5%), from €42,016 to €19,961
- Taxes -€4,507
down €4,507 (-54.1%), from €8,326 to €3,819
- Depreciation -€1,044
down €1,044 (-10.0%), from €10,488 to €9,444
- Staff costs -€834
no longer reported in 2025 (was €834)
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 | €63,614 | €54,155 | -€9,459 | -14.9% |
| Fixed assets | 21/28 | €38,052 | €28,607 | -€9,444 | -24.8% |
| Tangible fixed assets | 22/27 | €38,052 | €28,607 | -€9,444 | -24.8% |
| Plant, machinery and equipment | 23 | €4,406 | €3,918 | -€487 | -11.1% |
| Furniture and vehicles | 24 | €33,646 | €24,689 | -€8,957 | -26.6% |
| Current assets | 29/58 | €25,563 | €25,547 | -€15 | -0.1% |
| Amounts receivable within one year | 40/41 | €4,239 | €7,109 | +€2,870 | +67.7% |
| Trade receivables | 40 | €4,239 | €928 | -€3,311 | -78.1% |
| Other amounts receivable | 41 | - | €6,181 | +€6,181 | |
| Cash at bank and in hand | 54/58 | €19,029 | €15,816 | -€3,213 | -16.9% |
| Deferred charges and accrued income | 490/1 | €2,295 | €2,623 | +€328 | +14.3% |
| Total equity and liabilities | 10/49 | €63,614 | €54,155 | -€9,459 | -14.9% |
| Equity | 10/15 | €38,453 | €44,446 | +€5,993 | +15.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,453 | €34,446 | +€5,993 | +21.1% |
| Amounts payable | 17/49 | €25,161 | €9,709 | -€15,453 | -61.4% |
| Amounts payable after more than one year | 17 | €15,000 | - | -€15,000 | |
| Financial debts | 170/4 | €15,000 | - | -€15,000 | |
| Amounts payable within one year | 42/48 | €10,161 | €9,709 | -€453 | -4.5% |
| Trade debts | 44 | €1,510 | €2,272 | +€762 | +50.5% |
| Suppliers | 440/4 | €1,510 | €2,272 | +€762 | +50.5% |
| Advances received on contracts in progress | 46 | €500 | €3,000 | +€2,500 | +500% |
| Taxes, remuneration and social security | 45 | €3,760 | €2,251 | -€1,509 | -40.1% |
| Taxes | 450/3 | €3,760 | €2,251 | -€1,509 | -40.1% |
| Other amounts payable | 47/48 | €4,391 | €2,186 | -€2,206 | -50.2% |
| Remuneration, social security and pensions | 62 | €834 | - | -€834 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,488 | €9,444 | -€1,044 | -10.0% |
| Other operating charges | 640/8 | €617 | €607 | -€11 | -1.7% |
| Gross operating margin | 9900 | €42,016 | €19,961 | -€22,056 | -52.5% |
| Operating profit (loss) | 9901 | €30,077 | €9,910 | -€20,167 | -67.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €113 | €98 | -€16 | -13.9% |
| Recurring financial charges | 65 | €113 | €98 | -€16 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €29,963 | €9,812 | -€20,151 | -67.3% |
| Income taxes | 67/77 | €8,326 | €3,819 | -€4,507 | -54.1% |
| Profit (loss) for the period | 9904 | €21,637 | €5,993 | -€15,644 | -72.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,637 | €5,993 | -€15,644 | -72.3% |
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 29 October 2026 via checked.be.