UltiemPlan: 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.
UltiemPlan
Largest movements
- Receivables within one year +€320,545
up €320,545 (+204.1%), from €157,091 to €477,636
of which Other amounts receivable: +€329,022
- Stocks and contracts +€43,736
up €43,736 (+22.2%), from €197,257 to €240,993
- Intangible fixed assets -€15,939
down €15,939 (-20.5%), from €77,597 to €61,658
- Other debts +€443,374
new in 2025: €443,374
- Accrued charges and deferred income -€257,515
no longer reported in 2025 (was €257,515)
- Trade debts +€127,573
up €127,573 (+68.9%), from €185,040 to €312,613
- Tax, wage and social debts +€15,918
up €15,918 (+31.9%), from €49,834 to €65,752
of which Remuneration and social security: +€22,160
- Gross operating margin +€58,414
up €58,414 (+208.8%), from €27,978 to €86,392
- Other operating charges +€29,173
up €29,173 (+1365.9%), from €2,136 to €31,309
- Staff costs +€17,434
new in 2025: €17,434
- Financial charges +€5,124
up €5,124 (+231.4%), from €2,214 to €7,338
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 | €460,351 | €801,441 | +€341,090 | +74.1% |
| Formation expenses | 20 | €564 | €359 | -€205 | -36.4% |
| Fixed assets | 21/28 | €104,896 | €81,882 | -€23,015 | -21.9% |
| Intangible fixed assets | 21 | €77,597 | €61,658 | -€15,939 | -20.5% |
| Tangible fixed assets | 22/27 | €27,299 | €20,223 | -€7,076 | -25.9% |
| Plant, machinery and equipment | 23 | €3,036 | €1,960 | -€1,076 | -35.4% |
| Furniture and vehicles | 24 | €24,263 | €18,263 | -€6,000 | -24.7% |
| Current assets | 29/58 | €354,891 | €719,201 | +€364,310 | +102.7% |
| Stocks and contracts in progress | 3 | €197,257 | €240,993 | +€43,736 | +22.2% |
| Stocks | 30/36 | €197,257 | €240,993 | +€43,736 | +22.2% |
| Amounts receivable within one year | 40/41 | €157,091 | €477,636 | +€320,545 | +204.1% |
| Trade receivables | 40 | €68,710 | €60,233 | -€8,477 | -12.3% |
| Other amounts receivable | 41 | €88,381 | €417,403 | +€329,022 | +372.3% |
| Cash at bank and in hand | 54/58 | €543 | €572 | +€29 | +5.4% |
| Total equity and liabilities | 10/49 | €460,351 | €801,441 | +€341,090 | +74.1% |
| Equity | 10/15 | -€32,037 | -€24,934 | +€7,103 | +22.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,037 | -€29,934 | +€7,103 | +19.2% |
| Amounts payable | 17/49 | €492,388 | €826,376 | +€333,987 | +67.8% |
| Amounts payable within one year | 42/48 | €234,874 | €826,376 | +€591,502 | +251.8% |
| Financial debts | 43 | - | €4,637 | +€4,637 | |
| Credit institutions | 430/8 | - | €4,637 | +€4,637 | |
| Trade debts | 44 | €185,040 | €312,613 | +€127,573 | +68.9% |
| Suppliers | 440/4 | €185,040 | €312,613 | +€127,573 | +68.9% |
| Taxes, remuneration and social security | 45 | €49,834 | €65,752 | +€15,918 | +31.9% |
| Taxes | 450/3 | €40,124 | €33,882 | -€6,242 | -15.6% |
| Remuneration and social security | 454/9 | €9,710 | €31,870 | +€22,160 | +228.2% |
| Other amounts payable | 47/48 | - | €443,374 | +€443,374 | |
| Accrued charges and deferred income | 492/3 | €257,515 | - | -€257,515 | |
| Remuneration, social security and pensions | 62 | - | €17,434 | +€17,434 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,957 | €23,220 | +€263 | +1.1% |
| Other operating charges | 640/8 | €2,136 | €31,309 | +€29,173 | +1365.9% |
| Gross operating margin | 9900 | €27,978 | €86,392 | +€58,414 | +208.8% |
| Operating profit (loss) | 9901 | €2,886 | €14,429 | +€11,543 | +400.0% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €2,214 | €7,338 | +€5,124 | +231.4% |
| Recurring financial charges | 65 | €2,214 | €7,338 | +€5,124 | +231.4% |
| Profit (loss) for the period before taxes | 9903 | €672 | €7,103 | +€6,431 | +957.7% |
| Profit (loss) for the period | 9904 | €672 | €7,103 | +€6,431 | +957.7% |
| Profit (loss) for the period to be appropriated | 9905 | €672 | €7,103 | +€6,431 | +957.7% |
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 30 September 2026 via checked.be.