ULLYS: 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.
ULLYS
Largest movements
- Tangible fixed assets +€24,083
up €24,083 (+64.1%), from €37,593 to €61,676
- Receivables within one year -€8,562
no longer reported in 2025 (was €8,562)
- Cash +€1,066
up €1,066 (+10.6%), from €10,029 to €11,095
mainly Contributions, distributions and other (+€10,089) and Other debts (+€10,000)
- Investment grants +€10,089
up €10,089 (+50.8%), from €19,844 to €29,933
- Other debts +€10,000
up €10,000 (+35.0%), from €28,534 to €38,534
- Profit (loss) carried forward -€3,446
down €3,446, from €83 to -€3,363
- Gross operating margin -€3,999
down €3,999, from €1,189 to -€2,809
- Other operating charges -€329
down €329 (-35.9%), from €917 to €588
- Taxes -€118
no longer reported in 2025 (was €118)
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 | €56,184 | €72,771 | +€16,586 | +29.5% |
| Fixed assets | 21/28 | €37,593 | €61,676 | +€24,083 | +64.1% |
| Tangible fixed assets | 22/27 | €37,593 | €61,676 | +€24,083 | +64.1% |
| Assets under construction and advance payments | 27 | €37,593 | €61,676 | +€24,083 | +64.1% |
| Current assets | 29/58 | €18,591 | €11,095 | -€7,497 | -40.3% |
| Amounts receivable within one year | 40/41 | €8,562 | - | -€8,562 | |
| Other amounts receivable | 41 | €8,562 | - | -€8,562 | |
| Cash at bank and in hand | 54/58 | €10,029 | €11,095 | +€1,066 | +10.6% |
| Total equity and liabilities | 10/49 | €56,184 | €72,771 | +€16,586 | +29.5% |
| Equity | 10/15 | €24,927 | €31,569 | +€6,642 | +26.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83 | -€3,363 | -€3,446 | |
| Investment grants | 15 | €19,844 | €29,933 | +€10,089 | +50.8% |
| Amounts payable | 17/49 | €31,257 | €41,201 | +€9,944 | +31.8% |
| Amounts payable within one year | 42/48 | €31,257 | €41,201 | +€9,944 | +31.8% |
| Trade debts | 44 | €1,500 | €2,058 | +€558 | +37.2% |
| Suppliers | 440/4 | €1,500 | €2,058 | +€558 | +37.2% |
| Taxes, remuneration and social security | 45 | €1,223 | €609 | -€614 | -50.2% |
| Taxes | 450/3 | €1,223 | €609 | -€614 | -50.2% |
| Other amounts payable | 47/48 | €28,534 | €38,534 | +€10,000 | +35.0% |
| Other operating charges | 640/8 | €917 | €588 | -€329 | -35.9% |
| Gross operating margin | 9900 | €1,189 | -€2,809 | -€3,999 | |
| Operating profit (loss) | 9901 | €272 | -€3,397 | -€3,669 | |
| Financial income | 75/76B | €0 | €1 | +€0 | +100% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +100% |
| Financial charges | 65/66B | €71 | €50 | -€21 | -29.8% |
| Recurring financial charges | 65 | €71 | €50 | -€21 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €201 | -€3,446 | -€3,648 | |
| Income taxes | 67/77 | €118 | - | -€118 | |
| Profit (loss) for the period | 9904 | €83 | -€3,446 | -€3,530 | |
| Profit (loss) for the period to be appropriated | 9905 | €83 | -€3,446 | -€3,530 |
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.