Ulrérée: 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.
Ulrérée
Largest movements
- Tangible fixed assets +€88,807
up €88,807 (+22,535%), from €394 to €89,201
of which Furniture and vehicles: +€88,159
- Current investments +€36,000
up €36,000 (+240%), from €15,000 to €51,000
- Cash -€28,697
down €28,697 (-24.4%), from €117,753 to €89,056
mainly Investment in fixed assets (net) (-€103,120) and Current investments (-€36,000)
- Receivables within one year +€20,721
up €20,721 (+3,086%), from €671 to €21,393
- Reserves +€110,120
up €110,120 (+93.6%), from €117,709 to €227,830
- Tax, wage and social debts +€5,281
up €5,281 (+134%), from €3,948 to €9,229
- Depreciation +€13,938
up €13,938 (+3,722%), from €374 to €14,313
- Gross operating margin +€6,325
up €6,325 (+5.3%), from €119,039 to €125,364
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 | €133,819 | €251,590 | +€117,771 | +88.0% |
| Fixed assets | 21/28 | €394 | €89,201 | +€88,807 | +22,535% |
| Tangible fixed assets | 22/27 | €394 | €89,201 | +€88,807 | +22,535% |
| Plant, machinery and equipment | 23 | €394 | €1,043 | +€649 | +165% |
| Furniture and vehicles | 24 | - | €88,159 | +€88,159 | |
| Current assets | 29/58 | €133,425 | €162,388 | +€28,964 | +21.7% |
| Amounts receivable within one year | 40/41 | €671 | €21,393 | +€20,721 | +3,086% |
| Trade receivables | 40 | €671 | €21,393 | +€20,721 | +3,086% |
| Current investments | 50/53 | €15,000 | €51,000 | +€36,000 | +240% |
| Cash at bank and in hand | 54/58 | €117,753 | €89,056 | -€28,697 | -24.4% |
| Deferred charges and accrued income | 490/1 | - | €939 | +€939 | |
| Total equity and liabilities | 10/49 | €133,819 | €251,590 | +€117,771 | +88.0% |
| Equity | 10/15 | €123,709 | €233,830 | +€110,120 | +89.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €117,709 | €227,830 | +€110,120 | +93.6% |
| Distributable reserves | 133 | €117,709 | €227,830 | +€110,120 | +93.6% |
| Amounts payable | 17/49 | €10,109 | €17,760 | +€7,651 | +75.7% |
| Amounts payable within one year | 42/48 | €10,109 | €17,549 | +€7,440 | +73.6% |
| Trade debts | 44 | €2,800 | €3,185 | +€385 | +13.7% |
| Suppliers | 440/4 | €2,800 | €3,185 | +€385 | +13.7% |
| Taxes, remuneration and social security | 45 | €3,948 | €9,229 | +€5,281 | +134% |
| Taxes | 450/3 | €3,948 | €9,229 | +€5,281 | +134% |
| Other amounts payable | 47/48 | €3,361 | €5,136 | +€1,775 | +52.8% |
| Accrued charges and deferred income | 492/3 | - | €211 | +€211 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €374 | €14,313 | +€13,938 | +3,722% |
| Other operating charges | 640/8 | €955 | €585 | -€370 | -38.8% |
| Gross operating margin | 9900 | €119,039 | €125,364 | +€6,325 | +5.3% |
| Operating profit (loss) | 9901 | €117,709 | €110,466 | -€7,243 | -6.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | -€0 | €346 | +€346 | |
| Recurring financial charges | 65 | -€0 | €346 | +€346 | |
| Profit (loss) for the period before taxes | 9903 | €117,709 | €110,120 | -€7,589 | -6.4% |
| Profit (loss) for the period | 9904 | €117,709 | €110,120 | -€7,589 | -6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €117,709 | €110,120 | -€7,589 | -6.4% |
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 23 October 2026 via checked.be.