Ulrichs consult: 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.
Ulrichs consult
Largest movements
- Cash +€11,610
up €11,610 (+80.9%), from €14,355 to €25,965
mainly Net result for the year (+€18,105) and Tax, wage and social debts (+€10,462)
- Receivables within one year +€6,156
new in 2025: €6,156
of which Other amounts receivable: +€5,037
- Tangible fixed assets +€868
up €868 (+98.1%), from €885 to €1,753
of which Plant, machinery and equipment: +€1,252
- Tax, wage and social debts +€10,462
up €10,462 (+194.7%), from €5,374 to €15,836
- Profit (loss) carried forward +€9,779
no longer reported in 2025 (was -€9,779)
- Reserves +€8,326
new in 2025: €8,326
- Debts after one year -€4,793
down €4,793 (-79.7%), from €6,013 to €1,220
- Other debts -€4,482
no longer reported in 2025 (was €4,482)
- Gross operating margin +€36,630
up €36,630, from -€8,250 to €28,380
- Taxes +€7,586
new in 2025: €7,586
- Other operating charges +€364
up €364 (+32.0%), from €1,138 to €1,502
- Depreciation +€355
up €355 (+133.0%), from €267 to €622
- Financial charges +€346
up €346 (+146.6%), from €236 to €582
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.
Cash bridge derived
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 | €15,240 | €33,874 | +€18,634 | +122.3% |
| Fixed assets | 21/28 | €885 | €1,753 | +€868 | +98.1% |
| Tangible fixed assets | 22/27 | €885 | €1,753 | +€868 | +98.1% |
| Plant, machinery and equipment | 23 | - | €1,252 | +€1,252 | |
| Furniture and vehicles | 24 | €885 | €501 | -€384 | -43.4% |
| Current assets | 29/58 | €14,355 | €32,121 | +€17,766 | +123.8% |
| Amounts receivable within one year | 40/41 | - | €6,156 | +€6,156 | |
| Trade receivables | 40 | - | €1,119 | +€1,119 | |
| Other amounts receivable | 41 | - | €5,037 | +€5,037 | |
| Cash at bank and in hand | 54/58 | €14,355 | €25,965 | +€11,610 | +80.9% |
| Total equity and liabilities | 10/49 | €15,240 | €33,874 | +€18,634 | +122.3% |
| Equity | 10/15 | -€7,279 | €10,826 | +€18,105 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €8,326 | +€8,326 | |
| Distributable reserves | 133 | - | €8,326 | +€8,326 | |
| Profit (loss) carried forward | 14 | -€9,779 | - | +€9,779 | |
| Amounts payable | 17/49 | €22,519 | €23,048 | +€529 | +2.3% |
| Amounts payable after more than one year | 17 | €6,013 | €1,220 | -€4,793 | -79.7% |
| Financial debts | 170/4 | €6,013 | €1,220 | -€4,793 | -79.7% |
| Amounts payable within one year | 42/48 | €16,506 | €20,628 | +€4,122 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €3,887 | €4,792 | +€905 | +23.3% |
| Trade debts | 44 | €2,763 | - | -€2,763 | |
| Suppliers | 440/4 | €2,763 | - | -€2,763 | |
| Taxes, remuneration and social security | 45 | €5,374 | €15,836 | +€10,462 | +194.7% |
| Taxes | 450/3 | €5,374 | €15,836 | +€10,462 | +194.7% |
| Other amounts payable | 47/48 | €4,482 | - | -€4,482 | |
| Accrued charges and deferred income | 492/3 | - | €1,200 | +€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €267 | €622 | +€355 | +133.0% |
| Other operating charges | 640/8 | €1,138 | €1,502 | +€364 | +32.0% |
| Gross operating margin | 9900 | -€8,250 | €28,380 | +€36,630 | |
| Operating profit (loss) | 9901 | -€9,655 | €26,256 | +€35,911 | |
| Financial income | 75/76B | €112 | €17 | -€95 | -84.8% |
| Recurring financial income | 75 | €112 | €17 | -€95 | -84.8% |
| Financial charges | 65/66B | €236 | €582 | +€346 | +146.6% |
| Recurring financial charges | 65 | €236 | €582 | +€346 | +146.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,779 | €25,691 | +€35,470 | |
| Income taxes | 67/77 | - | €7,586 | +€7,586 | |
| Profit (loss) for the period | 9904 | -€9,779 | €18,105 | +€27,884 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,779 | €18,105 | +€27,884 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.