ULMO: 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.
ULMO
Largest movements
- Cash +€39,722
up €39,722 (+1021.1%), from €3,890 to €43,613
mainly Other debts (+€105,179) and Depreciation (+€31,698)
- Other debts +€105,179
up €105,179 (+14.4%), from €732,014 to €837,193
- Profit (loss) carried forward -€31,347
down €31,347 (-12.8%), from -€245,064 to -€276,412
- Debts after one year -€29,736
down €29,736 (-5.8%), from €512,651 to €482,915
- Trade debts -€25,963
down €25,963 (-99.8%), from €26,008 to €45
- Depreciation -€34,762
down €34,762 (-52.3%), from €66,460 to €31,698
- Gross operating margin +€18,225
up €18,225, from -€2,159 to €16,065
- Other operating charges -€2,621
down €2,621 (-44.5%), from €5,884 to €3,263
- Financial charges +€1,200
up €1,200 (+10.7%), from €11,252 to €12,452
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,405,796 | €1,423,929 | +€18,133 | +1.3% |
| Fixed assets | 21/28 | €1,391,206 | €1,380,316 | -€10,890 | -0.8% |
| Tangible fixed assets | 22/27 | €1,391,206 | €1,380,316 | -€10,890 | -0.8% |
| Land and buildings | 22 | €1,378,704 | €1,367,126 | -€11,579 | -0.8% |
| Plant, machinery and equipment | 23 | €3,830 | €3,830 | = | 0.0% |
| Furniture and vehicles | 24 | €8,672 | €9,361 | +€689 | +7.9% |
| Current assets | 29/58 | €14,590 | €43,613 | +€29,022 | +198.9% |
| Amounts receivable within one year | 40/41 | €10,700 | - | -€10,700 | |
| Trade receivables | 40 | €10,700 | - | -€10,700 | |
| Cash at bank and in hand | 54/58 | €3,890 | €43,613 | +€39,722 | +1021.1% |
| Total equity and liabilities | 10/49 | €1,405,796 | €1,423,929 | +€18,133 | +1.3% |
| Equity | 10/15 | €105,387 | €74,040 | -€31,347 | -29.7% |
| Contributions | 10/11 | €348,592 | €348,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€245,064 | -€276,412 | -€31,347 | -12.8% |
| Amounts payable | 17/49 | €1,300,409 | €1,349,889 | +€49,480 | +3.8% |
| Amounts payable after more than one year | 17 | €512,651 | €482,915 | -€29,736 | -5.8% |
| Financial debts | 170/4 | €512,651 | €482,915 | -€29,736 | -5.8% |
| Amounts payable within one year | 42/48 | €787,758 | €866,974 | +€79,216 | +10.1% |
| Current portion of amounts payable after more than one year | 42 | €29,736 | €29,737 | +€1 | 0.0% |
| Trade debts | 44 | €26,008 | €45 | -€25,963 | -99.8% |
| Suppliers | 440/4 | €26,008 | €45 | -€25,963 | -99.8% |
| Other amounts payable | 47/48 | €732,014 | €837,193 | +€105,179 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,460 | €31,698 | -€34,762 | -52.3% |
| Other operating charges | 640/8 | €5,884 | €3,263 | -€2,621 | -44.5% |
| Gross operating margin | 9900 | -€2,159 | €16,065 | +€18,225 | |
| Operating profit (loss) | 9901 | -€74,503 | -€18,895 | +€55,608 | +74.6% |
| Financial charges | 65/66B | €11,252 | €12,452 | +€1,200 | +10.7% |
| Recurring financial charges | 65 | €11,252 | €12,452 | +€1,200 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | -€85,755 | -€31,347 | +€54,408 | +63.4% |
| Profit (loss) for the period | 9904 | -€85,755 | -€31,347 | +€54,408 | +63.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€85,755 | -€31,347 | +€54,408 | +63.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.