ULIS MANAGEMENT: 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.
ULIS MANAGEMENT
Largest movements
- Cash +€99,299
up €99,299 (+8.2%), from €1.2m to €1.3m
mainly Net result for the year (+€108,461) and Other debts (+€194)
- Reserves +€108,461
up €108,461 (+2.0%), from €5.5m to €5.6m
of which Distributable reserves: +€108,461
- Financial income -€23,855
down €23,855 (-13.8%), from €173,145 to €149,290
of which Financial income: -€23,231
- Taxes -€3,623
down €3,623 (-9.8%), from €36,912 to €33,289
- Gross operating margin +€3,047
up €3,047 (+59.2%), from -€5,147 to -€2,100
- Other operating charges +€861
up €861 (+19.6%), from €4,396 to €5,257
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 | €5,577,084 | €5,685,304 | +€108,219 | +1.9% |
| Fixed assets | 21/28 | €4,358,218 | €4,358,218 | = | 0.0% |
| Financial fixed assets | 28 | €4,358,218 | €4,358,218 | = | 0.0% |
| Current assets | 29/58 | €1,218,866 | €1,327,085 | +€108,219 | +8.9% |
| Amounts receivable within one year | 40/41 | €14,116 | €23,036 | +€8,920 | +63.2% |
| Other amounts receivable | 41 | €14,116 | €23,036 | +€8,920 | +63.2% |
| Cash at bank and in hand | 54/58 | €1,204,750 | €1,304,049 | +€99,299 | +8.2% |
| Total equity and liabilities | 10/49 | €5,577,084 | €5,685,304 | +€108,219 | +1.9% |
| Equity | 10/15 | €5,573,064 | €5,681,525 | +€108,461 | +1.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €5,511,064 | €5,619,525 | +€108,461 | +2.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €5,504,864 | €5,613,325 | +€108,461 | +2.0% |
| Amounts payable | 17/49 | €4,020 | €3,779 | -€242 | -6.0% |
| Amounts payable within one year | 42/48 | €4,020 | €3,779 | -€242 | -6.0% |
| Trade debts | 44 | €2,851 | €2,416 | -€435 | -15.3% |
| Suppliers | 440/4 | €2,851 | €2,416 | -€435 | -15.3% |
| Other amounts payable | 47/48 | €1,170 | €1,363 | +€194 | +16.6% |
| Other operating charges | 640/8 | €4,396 | €5,257 | +€861 | +19.6% |
| Gross operating margin | 9900 | -€5,147 | -€2,100 | +€3,047 | +59.2% |
| Operating profit (loss) | 9901 | -€9,543 | -€7,357 | +€2,186 | +22.9% |
| Financial income | 75/76B | €173,145 | €149,290 | -€23,855 | -13.8% |
| Recurring financial income | 75 | €172,521 | €149,290 | -€23,231 | -13.5% |
| Non-recurring financial income | 76B | €624 | - | -€624 | |
| Financial charges | 65/66B | €140 | €184 | +€44 | +31.0% |
| Recurring financial charges | 65 | €140 | €184 | +€44 | +31.0% |
| Profit (loss) for the period before taxes | 9903 | €163,462 | €141,749 | -€21,713 | -13.3% |
| Income taxes | 67/77 | €36,912 | €33,289 | -€3,623 | -9.8% |
| Profit (loss) for the period | 9904 | €126,551 | €108,461 | -€18,090 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €126,551 | €108,461 | -€18,090 | -14.3% |
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 9 October 2026 via checked.be.