ULN: what changed
ULN
Largest movements
- Deferred charges and accrued income -€2,773
down €2,773 (-72.9%), from €3,805 to €1,032
- Cash +€2,172
up €2,172 (+37.4%), from €5,806 to €7,978
mainly Net result for the year (+€6,784) and Deferred charges and accrued income (+€2,773)
- Receivables within one year -€1,865
down €1,865 (-14.4%), from €12,982 to €11,116
of which Trade receivables: -€12,982
- Other debts -€6,355
down €6,355 (-67.9%), from €9,355 to €3,000
- Reserves +€3,784
up €3,784 (+75.7%), from €4,998 to €8,782
- Accrued charges and deferred income -€3,000
down €3,000 (-100%), from €3,000 to €0
- Tax, wage and social debts +€1,605
up €1,605 (+284%), from €564 to €2,169
- Trade debts +€1,500
up €1,500 (+858%), from €175 to €1,675
- Taxes +€1,605
up €1,605 (+284%), from €564 to €2,169
- Gross operating margin -€423
down €423 (-4.1%), from €10,201 to €9,778
- Financial charges -€336
down €336 (-78.0%), from €431 to €95
- Financial income +€116
up €116, from €0 to €116
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,592 | €20,126 | -€2,466 | -10.9% |
| Current assets | 29/58 | €22,592 | €20,126 | -€2,466 | -10.9% |
| Amounts receivable within one year | 40/41 | €12,982 | €11,116 | -€1,865 | -14.4% |
| Trade receivables | 40 | €12,982 | €0 | -€12,982 | -100% |
| Other amounts receivable | 41 | €0 | €11,116 | +€11,116 | |
| Cash at bank and in hand | 54/58 | €5,806 | €7,978 | +€2,172 | +37.4% |
| Deferred charges and accrued income | 490/1 | €3,805 | €1,032 | -€2,773 | -72.9% |
| Total equity and liabilities | 10/49 | €22,592 | €20,126 | -€2,466 | -10.9% |
| Equity | 10/15 | €9,498 | €13,282 | +€3,784 | +39.8% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Reserves | 13 | €4,998 | €8,782 | +€3,784 | +75.7% |
| Distributable reserves | 133 | €4,998 | €8,782 | +€3,784 | +75.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,094 | €6,844 | -€6,250 | -47.7% |
| Amounts payable within one year | 42/48 | €10,094 | €6,844 | -€3,250 | -32.2% |
| Trade debts | 44 | €175 | €1,675 | +€1,500 | +858% |
| Suppliers | 440/4 | €175 | €1,675 | +€1,500 | +858% |
| Taxes, remuneration and social security | 45 | €564 | €2,169 | +€1,605 | +284% |
| Taxes | 450/3 | €564 | €2,169 | +€1,605 | +284% |
| Other amounts payable | 47/48 | €9,355 | €3,000 | -€6,355 | -67.9% |
| Accrued charges and deferred income | 492/3 | €3,000 | €0 | -€3,000 | -100% |
| Other operating charges | 640/8 | €918 | €847 | -€71 | -7.8% |
| Gross operating margin | 9900 | €10,201 | €9,778 | -€423 | -4.1% |
| Operating profit (loss) | 9901 | €9,283 | €8,932 | -€351 | -3.8% |
| Financial income | 75/76B | €0 | €116 | +€116 | |
| Recurring financial income | 75 | €0 | €116 | +€116 | |
| Financial charges | 65/66B | €431 | €95 | -€336 | -78.0% |
| Recurring financial charges | 65 | €431 | €95 | -€336 | -78.0% |
| Profit (loss) for the period before taxes | 9903 | €8,852 | €8,953 | +€101 | +1.1% |
| Income taxes | 67/77 | €564 | €2,169 | +€1,605 | +284% |
| Profit (loss) for the period | 9904 | €8,288 | €6,784 | -€1,503 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,288 | €6,784 | -€1,503 | -18.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.