Ulteamates: 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.
Ulteamates
Largest movements
- Cash +€33,087
up €33,087 (+6,005%), from €551 to €33,638
mainly Net result for the year (+€38,574) and Tax, wage and social debts (+€13,804)
- Current investments +€5,854
up €5,854 (+300%), from €1,951 to €7,805
- Tangible fixed assets -€5,643
down €5,643 (-15.0%), from €37,593 to €31,950
of which Furniture and vehicles: -€10,092
- Receivables within one year +€3,644
up €3,644 (+34.3%), from €10,614 to €14,258
- Deferred charges and accrued income -€2,340
down €2,340 (-28.2%), from €8,301 to €5,962
- Profit (loss) carried forward +€38,574
up €38,574 (+1,856%), from €2,079 to €40,653
- Tax, wage and social debts +€13,804
up €13,804 (+219%), from €6,302 to €20,106
of which Taxes: +€13,804
- Debts after one year -€10,660
down €10,660 (-36.0%), from €29,597 to €18,937
- Other debts -€7,326
down €7,326 (-82.2%), from €8,915 to €1,590
- Gross operating margin +€49,574
up €49,574 (+303%), from €16,372 to €65,946
- Taxes +€10,532
up €10,532 (+1,008%), from €1,045 to €11,577
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 | €59,010 | €93,613 | +€34,602 | +58.6% |
| Fixed assets | 21/28 | €37,593 | €31,950 | -€5,643 | -15.0% |
| Tangible fixed assets | 22/27 | €37,593 | €31,950 | -€5,643 | -15.0% |
| Plant, machinery and equipment | 23 | - | €4,449 | +€4,449 | |
| Furniture and vehicles | 24 | €37,593 | €27,501 | -€10,092 | -26.8% |
| Current assets | 29/58 | €21,418 | €61,663 | +€40,245 | +188% |
| Amounts receivable within one year | 40/41 | €10,614 | €14,258 | +€3,644 | +34.3% |
| Trade receivables | 40 | €10,614 | €14,258 | +€3,644 | +34.3% |
| Current investments | 50/53 | €1,951 | €7,805 | +€5,854 | +300% |
| Cash at bank and in hand | 54/58 | €551 | €33,638 | +€33,087 | +6,005% |
| Deferred charges and accrued income | 490/1 | €8,301 | €5,962 | -€2,340 | -28.2% |
| Total equity and liabilities | 10/49 | €59,010 | €93,613 | +€34,602 | +58.6% |
| Equity | 10/15 | €3,079 | €41,653 | +€38,574 | +1,253% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,079 | €40,653 | +€38,574 | +1,856% |
| Amounts payable | 17/49 | €55,932 | €51,960 | -€3,972 | -7.1% |
| Amounts payable after more than one year | 17 | €29,597 | €18,937 | -€10,660 | -36.0% |
| Financial debts | 170/4 | €29,597 | €18,937 | -€10,660 | -36.0% |
| Amounts payable within one year | 42/48 | €25,835 | €32,523 | +€6,689 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | €10,163 | €10,660 | +€497 | +4.9% |
| Trade debts | 44 | €453 | €167 | -€286 | -63.1% |
| Suppliers | 440/4 | €453 | €167 | -€286 | -63.1% |
| Taxes, remuneration and social security | 45 | €6,302 | €20,106 | +€13,804 | +219% |
| Taxes | 450/3 | €4,902 | €18,706 | +€13,804 | +282% |
| Remuneration and social security | 454/9 | €1,400 | €1,400 | = | 0.0% |
| Other amounts payable | 47/48 | €8,915 | €1,590 | -€7,326 | -82.2% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,083 | €10,395 | +€311 | +3.1% |
| Other operating charges | 640/8 | €2,650 | €2,097 | -€553 | -20.9% |
| Gross operating margin | 9900 | €16,372 | €65,946 | +€49,574 | +303% |
| Operating profit (loss) | 9901 | €3,638 | €53,454 | +€49,815 | +1,369% |
| Financial income | 75/76B | €42 | €133 | +€91 | +220% |
| Recurring financial income | 75 | €42 | €133 | +€91 | +220% |
| Financial charges | 65/66B | €3,167 | €3,436 | +€269 | +8.5% |
| Recurring financial charges | 65 | €3,167 | €3,436 | +€269 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €513 | €50,151 | +€49,638 | +9,673% |
| Income taxes | 67/77 | €1,045 | €11,577 | +€10,532 | +1,008% |
| Profit (loss) for the period | 9904 | -€532 | €38,574 | +€39,106 | |
| Profit (loss) for the period to be appropriated | 9905 | -€532 | €38,574 | +€39,106 |
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 27 October 2026 via checked.be.