ULTICARE: 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.
ULTICARE
Largest movements
- Receivables within one year -€11,110
down €11,110 (-55.9%), from €19,865 to €8,756
of which Trade receivables: -€10,091
- Tangible fixed assets -€9,221
down €9,221 (-30.6%), from €30,155 to €20,934
of which Furniture and vehicles: -€8,703
- Cash +€2,828
up €2,828 (+20.0%), from €14,137 to €16,964
mainly Depreciation (+€11,116) and Receivables within one year (+€11,110)
- Profit (loss) carried forward -€8,985
down €8,985 (-28.5%), from €31,501 to €22,516
- Tax, wage and social debts -€4,939
down €4,939 (-94.2%), from €5,243 to €304
of which Taxes: -€3,439
- Trade debts -€3,520
no longer reported in 2025 (was €3,520)
- Gross operating margin +€17,456
up €17,456, from -€14,417 to €3,040
- Financial income -€339
down €339 (-99.9%), from €339 to €1
- Taxes -€255
down €255 (-45.6%), from €559 to €304
- Depreciation +€226
up €226 (+2.1%), from €10,890 to €11,116
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 | €65,264 | €47,820 | -€17,444 | -26.7% |
| Fixed assets | 21/28 | €30,155 | €20,934 | -€9,221 | -30.6% |
| Tangible fixed assets | 22/27 | €30,155 | €20,934 | -€9,221 | -30.6% |
| Furniture and vehicles | 24 | €28,809 | €20,106 | -€8,703 | -30.2% |
| Other tangible fixed assets | 26 | €1,346 | €828 | -€518 | -38.5% |
| Current assets | 29/58 | €35,109 | €26,887 | -€8,223 | -23.4% |
| Amounts receivable within one year | 40/41 | €19,865 | €8,756 | -€11,110 | -55.9% |
| Trade receivables | 40 | €10,091 | - | -€10,091 | |
| Other amounts receivable | 41 | €9,774 | €8,756 | -€1,018 | -10.4% |
| Cash at bank and in hand | 54/58 | €14,137 | €16,964 | +€2,828 | +20.0% |
| Deferred charges and accrued income | 490/1 | €1,107 | €1,167 | +€59 | +5.4% |
| Total equity and liabilities | 10/49 | €65,264 | €47,820 | -€17,444 | -26.7% |
| Equity | 10/15 | €32,501 | €23,516 | -€8,985 | -27.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,501 | €22,516 | -€8,985 | -28.5% |
| Amounts payable | 17/49 | €32,763 | €24,304 | -€8,459 | -25.8% |
| Amounts payable within one year | 42/48 | €32,763 | €24,304 | -€8,459 | -25.8% |
| Trade debts | 44 | €3,520 | - | -€3,520 | |
| Suppliers | 440/4 | €3,520 | - | -€3,520 | |
| Taxes, remuneration and social security | 45 | €5,243 | €304 | -€4,939 | -94.2% |
| Taxes | 450/3 | €3,743 | €304 | -€3,439 | -91.9% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €24,000 | €24,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,890 | €11,116 | +€226 | +2.1% |
| Other operating charges | 640/8 | €512 | €530 | +€18 | +3.4% |
| Gross operating margin | 9900 | -€14,417 | €3,040 | +€17,456 | |
| Operating profit (loss) | 9901 | -€25,819 | -€8,606 | +€17,212 | +66.7% |
| Financial income | 75/76B | €339 | €1 | -€339 | -99.9% |
| Recurring financial income | 75 | €339 | €1 | -€339 | -99.9% |
| Financial charges | 65/66B | €69 | €75 | +€6 | +8.3% |
| Recurring financial charges | 65 | €69 | €75 | +€6 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | -€25,549 | -€8,681 | +€16,868 | +66.0% |
| Income taxes | 67/77 | €559 | €304 | -€255 | -45.6% |
| Profit (loss) for the period | 9904 | -€26,108 | -€8,985 | +€17,123 | +65.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,108 | -€8,985 | +€17,123 | +65.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.