UKOM: 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.
UKOM
Largest movements
- Receivables within one year -€101,028
down €101,028 (-60.0%), from €168,269 to €67,241
of which Trade receivables: -€86,855
- Tangible fixed assets +€25,409
up €25,409 (+2.7%), from €947,329 to €972,738
of which Land and buildings: +€31,006
- Cash +€15,238
up €15,238 (+40.4%), from €37,762 to €52,999
mainly Receivables within one year (+€101,028) and Depreciation (+€91,489)
- Debts after one year -€102,308
down €102,308 (-14.7%), from €693,710 to €591,402
- Reserves +€79,640
up €79,640 (+115%), from €68,967 to €148,608
- Other debts -€76,157
down €76,157 (-29.7%), from €255,998 to €179,841
- Trade debts +€29,166
up €29,166 (+127%), from €23,005 to €52,171
- Financial charges +€23,970
up €23,970 (+358%), from €6,688 to €30,658
- Staff costs -€23,463
down €23,463 (-16.7%), from €140,460 to €116,997
- Depreciation -€18,065
down €18,065 (-16.5%), from €109,554 to €91,489
- Gross operating margin -€6,100
down €6,100 (-1.8%), from €346,122 to €340,023
- Other operating charges -€4,259
down €4,259 (-70.7%), from €6,021 to €1,762
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 | €1,162,927 | €1,109,270 | -€53,657 | -4.6% |
| Fixed assets | 21/28 | €947,329 | €972,738 | +€25,409 | +2.7% |
| Tangible fixed assets | 22/27 | €947,329 | €972,738 | +€25,409 | +2.7% |
| Land and buildings | 22 | €692,994 | €724,001 | +€31,006 | +4.5% |
| Plant, machinery and equipment | 23 | €252,453 | €247,307 | -€5,146 | -2.0% |
| Furniture and vehicles | 24 | €1,882 | €1,430 | -€452 | -24.0% |
| Current assets | 29/58 | €215,598 | €136,532 | -€79,066 | -36.7% |
| Stocks and contracts in progress | 3 | €8,477 | €14,512 | +€6,035 | +71.2% |
| Stocks | 30/36 | €8,477 | €10,012 | +€1,535 | +18.1% |
| Contracts in progress | 37 | - | €4,500 | +€4,500 | |
| Amounts receivable within one year | 40/41 | €168,269 | €67,241 | -€101,028 | -60.0% |
| Trade receivables | 40 | €128,860 | €42,005 | -€86,855 | -67.4% |
| Other amounts receivable | 41 | €39,409 | €25,236 | -€14,173 | -36.0% |
| Cash at bank and in hand | 54/58 | €37,762 | €52,999 | +€15,238 | +40.4% |
| Deferred charges and accrued income | 490/1 | €1,091 | €1,780 | +€689 | +63.2% |
| Total equity and liabilities | 10/49 | €1,162,927 | €1,109,270 | -€53,657 | -4.6% |
| Equity | 10/15 | €72,967 | €152,608 | +€79,640 | +109% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €68,967 | €148,608 | +€79,640 | +115% |
| Distributable reserves | 133 | €68,967 | €148,608 | +€79,640 | +115% |
| Amounts payable | 17/49 | €1,089,960 | €956,662 | -€133,298 | -12.2% |
| Amounts payable after more than one year | 17 | €693,710 | €591,402 | -€102,308 | -14.7% |
| Financial debts | 170/4 | €693,710 | €591,402 | -€102,308 | -14.7% |
| Amounts payable within one year | 42/48 | €396,250 | €365,260 | -€30,989 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €93,425 | €102,308 | +€8,884 | +9.5% |
| Trade debts | 44 | €23,005 | €52,171 | +€29,166 | +127% |
| Suppliers | 440/4 | €23,005 | €52,171 | +€29,166 | +127% |
| Taxes, remuneration and social security | 45 | €23,822 | €30,940 | +€7,118 | +29.9% |
| Taxes | 450/3 | €20,242 | €23,355 | +€3,114 | +15.4% |
| Remuneration and social security | 454/9 | €3,580 | €7,585 | +€4,005 | +112% |
| Other amounts payable | 47/48 | €255,998 | €179,841 | -€76,157 | -29.7% |
| Remuneration, social security and pensions | 62 | €140,460 | €116,997 | -€23,463 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,554 | €91,489 | -€18,065 | -16.5% |
| Other operating charges | 640/8 | €6,021 | €1,762 | -€4,259 | -70.7% |
| Gross operating margin | 9900 | €346,122 | €340,023 | -€6,100 | -1.8% |
| Operating profit (loss) | 9901 | €90,088 | €129,775 | +€39,687 | +44.1% |
| Financial income | 75/76B | €5,809 | €4,054 | -€1,755 | -30.2% |
| Recurring financial income | 75 | €5,809 | €4,054 | -€1,755 | -30.2% |
| Financial charges | 65/66B | €6,688 | €30,658 | +€23,970 | +358% |
| Recurring financial charges | 65 | €6,688 | €30,658 | +€23,970 | +358% |
| Profit (loss) for the period before taxes | 9903 | €89,209 | €103,171 | +€13,962 | +15.7% |
| Income taxes | 67/77 | €20,242 | €23,531 | +€3,289 | +16.2% |
| Profit (loss) for the period | 9904 | €68,967 | €79,640 | +€10,673 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €68,967 | €79,640 | +€10,673 | +15.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.