ULLESCA: 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.
ULLESCA
Largest movements
- Receivables within one year +€85,148
up €85,148 (+471.9%), from €18,043 to €103,190
of which Other amounts receivable: +€73,465
- Cash -€73,349
down €73,349 (-84.2%), from €87,071 to €13,723
mainly Contributions, distributions and other (-€105,250) and Receivables within one year (-€85,148)
- Financial fixed assets +€30,000
new in 2026: €30,000
- Other debts +€76,032
new in 2026: €76,032
- Reserves -€41,416
down €41,416 (-40.4%), from €102,473 to €61,057
- Tax, wage and social debts +€7,823
up €7,823 (+214.8%), from €3,642 to €11,465
- Gross operating margin +€24,544
up €24,544 (+39.0%), from €62,941 to €87,485
- Taxes +€4,920
up €4,920 (+37.3%), from €13,202 to €18,123
- Financial charges +€1,399
up €1,399 (+187.8%), from €745 to €2,144
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,743 | €154,469 | +€42,726 | +38.2% |
| Fixed assets | 21/28 | €6,507 | €36,765 | +€30,258 | +465.0% |
| Tangible fixed assets | 22/27 | €6,507 | €6,765 | +€258 | +4.0% |
| Plant, machinery and equipment | 23 | €1,459 | €929 | -€530 | -36.3% |
| Furniture and vehicles | 24 | €5,048 | €5,836 | +€788 | +15.6% |
| Financial fixed assets | 28 | - | €30,000 | +€30,000 | |
| Current assets | 29/58 | €105,235 | €117,704 | +€12,468 | +11.8% |
| Amounts receivable within one year | 40/41 | €18,043 | €103,190 | +€85,148 | +471.9% |
| Trade receivables | 40 | €11,008 | €22,690 | +€11,682 | +106.1% |
| Other amounts receivable | 41 | €7,035 | €80,500 | +€73,465 | +1044.3% |
| Cash at bank and in hand | 54/58 | €87,071 | €13,723 | -€73,349 | -84.2% |
| Deferred charges and accrued income | 490/1 | €121 | €791 | +€670 | +552.6% |
| Total equity and liabilities | 10/49 | €111,743 | €154,469 | +€42,726 | +38.2% |
| Equity | 10/15 | €105,473 | €64,057 | -€41,416 | -39.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €102,473 | €61,057 | -€41,416 | -40.4% |
| Distributable reserves | 133 | €102,473 | €61,057 | -€41,416 | -40.4% |
| Amounts payable | 17/49 | €6,269 | €90,411 | +€84,142 | +1342.1% |
| Amounts payable within one year | 42/48 | €5,797 | €88,938 | +€83,141 | +1434.2% |
| Trade debts | 44 | €2,155 | €1,441 | -€713 | -33.1% |
| Suppliers | 440/4 | €2,155 | €1,441 | -€713 | -33.1% |
| Taxes, remuneration and social security | 45 | €3,642 | €11,465 | +€7,823 | +214.8% |
| Taxes | 450/3 | €3,642 | €11,465 | +€7,823 | +214.8% |
| Other amounts payable | 47/48 | - | €76,032 | +€76,032 | |
| Accrued charges and deferred income | 492/3 | €473 | €1,473 | +€1,001 | +211.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,762 | €2,172 | +€409 | +23.2% |
| Other operating charges | 640/8 | €449 | €1,218 | +€770 | +171.6% |
| Non-recurring operating charges | 66A | €736 | - | -€736 | |
| Gross operating margin | 9900 | €62,941 | €87,485 | +€24,544 | +39.0% |
| Operating profit (loss) | 9901 | €59,995 | €84,095 | +€24,100 | +40.2% |
| Financial income | 75/76B | €121 | €6 | -€115 | -95.2% |
| Recurring financial income | 75 | €121 | €6 | -€115 | -95.2% |
| Financial charges | 65/66B | €745 | €2,144 | +€1,399 | +187.8% |
| Recurring financial charges | 65 | €745 | €2,144 | +€1,399 | +187.8% |
| Profit (loss) for the period before taxes | 9903 | €59,371 | €81,957 | +€22,586 | +38.0% |
| Income taxes | 67/77 | €13,202 | €18,123 | +€4,920 | +37.3% |
| Profit (loss) for the period | 9904 | €46,169 | €63,834 | +€17,665 | +38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,169 | €63,834 | +€17,665 | +38.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.