ULKU & ALEYNA: 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.
ULKU & ALEYNA
Largest movements
- Cash +€11,405
up €11,405 (+68.7%), from €16,612 to €28,016
mainly Net result for the year (+€6,825) and Trade debts (+€5,552)
- Stocks and contracts -€4,435
down €4,435 (-39.2%), from €11,324 to €6,889
- Tangible fixed assets +€2,594
new in 2025: €2,594
- Receivables within one year +€1,626
up €1,626 (+6.7%), from €24,152 to €25,778
- Deferred charges and accrued income +€1,318
new in 2025: €1,318
- Reserves +€6,750
up €6,750 (+363%), from €1,860 to €8,610
of which Distributable reserves: +€6,750
- Trade debts +€5,552
up €5,552 (+31.2%), from €17,768 to €23,320
- Staff costs +€29,705
new in 2025: €29,705
- Gross operating margin +€29,126
up €29,126 (+257%), from €11,333 to €40,459
- Other operating charges -€8,166
down €8,166 (-97.7%), from €8,361 to €195
- Financial income +€1,146
up €1,146 (+5,537%), from €21 to €1,166
- Taxes +€747
up €747 (+38.1%), from €1,964 to €2,711
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 | €56,088 | €68,595 | +€12,507 | +22.3% |
| Fixed assets | 21/28 | €4,000 | €6,594 | +€2,594 | +64.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | - | €2,594 | +€2,594 | |
| Plant, machinery and equipment | 23 | - | €2,594 | +€2,594 | |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €52,088 | €62,001 | +€9,913 | +19.0% |
| Stocks and contracts in progress | 3 | €11,324 | €6,889 | -€4,435 | -39.2% |
| Stocks | 30/36 | €11,324 | €6,889 | -€4,435 | -39.2% |
| Amounts receivable within one year | 40/41 | €24,152 | €25,778 | +€1,626 | +6.7% |
| Other amounts receivable | 41 | €24,152 | €25,778 | +€1,626 | +6.7% |
| Cash at bank and in hand | 54/58 | €16,612 | €28,016 | +€11,405 | +68.7% |
| Deferred charges and accrued income | 490/1 | - | €1,318 | +€1,318 | |
| Total equity and liabilities | 10/49 | €56,088 | €68,595 | +€12,507 | +22.3% |
| Equity | 10/15 | €28,118 | €34,943 | +€6,825 | +24.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €8,610 | +€6,750 | +363% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €6,750 | +€6,750 | |
| Profit (loss) carried forward | 14 | €7,658 | €7,733 | +€75 | +1.0% |
| Amounts payable | 17/49 | €27,970 | €33,652 | +€5,682 | +20.3% |
| Amounts payable within one year | 42/48 | €27,970 | €33,652 | +€5,682 | +20.3% |
| Trade debts | 44 | €17,768 | €23,320 | +€5,552 | +31.2% |
| Suppliers | 440/4 | €17,768 | €23,320 | +€5,552 | +31.2% |
| Taxes, remuneration and social security | 45 | €10,201 | €10,332 | +€130 | +1.3% |
| Taxes | 450/3 | €7,675 | €6,472 | -€1,204 | -15.7% |
| Remuneration and social security | 454/9 | €2,526 | €3,860 | +€1,334 | +52.8% |
| Remuneration, social security and pensions | 62 | - | €29,705 | +€29,705 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €166 | +€166 | |
| Other operating charges | 640/8 | €8,361 | €195 | -€8,166 | -97.7% |
| Gross operating margin | 9900 | €11,333 | €40,459 | +€29,126 | +257% |
| Operating profit (loss) | 9901 | €2,972 | €10,394 | +€7,421 | +250% |
| Financial income | 75/76B | €21 | €1,166 | +€1,146 | +5,537% |
| Recurring financial income | 75 | €21 | €1,166 | +€1,146 | +5,537% |
| Financial charges | 65/66B | €2,346 | €2,024 | -€323 | -13.8% |
| Recurring financial charges | 65 | €2,346 | €2,024 | -€323 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €647 | €9,536 | +€8,890 | +1,374% |
| Income taxes | 67/77 | €1,964 | €2,711 | +€747 | +38.1% |
| Profit (loss) for the period | 9904 | -€1,317 | €6,825 | +€8,142 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,317 | €6,825 | +€8,142 |
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 16 October 2026 via checked.be.