ULTIMAMIND: 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.
ULTIMAMIND
Largest movements
- Receivables after one year +€30,000
new in 2025: €30,000
- Tangible fixed assets +€25,428
up €25,428 (+1273.9%), from €1,996 to €27,425
- Cash +€5,471
up €5,471 (+20.6%), from €26,601 to €32,072
mainly Net result for the year (+€51,247) and Tax, wage and social debts (+€13,600)
- Profit (loss) carried forward +€51,247
up €51,247 (+289.0%), from €17,731 to €68,978
- Tax, wage and social debts +€13,600
up €13,600 (+107.0%), from €12,706 to €26,306
of which Taxes: +€13,600
- Trade debts -€3,753
down €3,753 (-98.9%), from €3,793 to €40
- Other debts +€1,179
up €1,179 (+704.0%), from €167 to €1,346
- Gross operating margin +€48,108
up €48,108 (+216.5%), from €22,218 to €70,325
- Taxes +€9,835
up €9,835 (+221.9%), from €4,433 to €14,268
- Depreciation +€3,842
up €3,842 (+105258.4%), from €4 to €3,846
- Other operating charges +€898
up €898 (+1796.1%), from €50 to €948
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 | €39,398 | €101,671 | +€62,273 | +158.1% |
| Fixed assets | 21/28 | €1,996 | €27,425 | +€25,428 | +1273.9% |
| Tangible fixed assets | 22/27 | €1,996 | €27,425 | +€25,428 | +1273.9% |
| Furniture and vehicles | 24 | €1,996 | €27,425 | +€25,428 | +1273.9% |
| Current assets | 29/58 | €37,401 | €74,246 | +€36,845 | +98.5% |
| Amounts receivable after more than one year | 29 | - | €30,000 | +€30,000 | |
| Trade receivables | 290 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €10,800 | €11,197 | +€397 | +3.7% |
| Trade receivables | 40 | €10,800 | €11,197 | +€397 | +3.7% |
| Cash at bank and in hand | 54/58 | €26,601 | €32,072 | +€5,471 | +20.6% |
| Deferred charges and accrued income | 490/1 | - | €977 | +€977 | |
| Total equity and liabilities | 10/49 | €39,398 | €101,671 | +€62,273 | +158.1% |
| Equity | 10/15 | €22,731 | €73,978 | +€51,247 | +225.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,731 | €68,978 | +€51,247 | +289.0% |
| Amounts payable | 17/49 | €16,666 | €27,693 | +€11,026 | +66.2% |
| Amounts payable within one year | 42/48 | €16,666 | €27,693 | +€11,026 | +66.2% |
| Trade debts | 44 | €3,793 | €40 | -€3,753 | -98.9% |
| Suppliers | 440/4 | €3,793 | €40 | -€3,753 | -98.9% |
| Taxes, remuneration and social security | 45 | €12,706 | €26,306 | +€13,600 | +107.0% |
| Taxes | 450/3 | €10,706 | €24,306 | +€13,600 | +127.0% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €167 | €1,346 | +€1,179 | +704.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4 | €3,846 | +€3,842 | +105258.4% |
| Other operating charges | 640/8 | €50 | €948 | +€898 | +1796.1% |
| Gross operating margin | 9900 | €22,218 | €70,325 | +€48,108 | +216.5% |
| Operating profit (loss) | 9901 | €22,164 | €65,532 | +€43,368 | +195.7% |
| Financial income | 75/76B | - | €78 | +€78 | |
| Recurring financial income | 75 | - | €78 | +€78 | |
| Financial charges | 65/66B | - | €95 | +€95 | |
| Recurring financial charges | 65 | - | €95 | +€95 | |
| Profit (loss) for the period before taxes | 9903 | €22,164 | €65,515 | +€43,351 | +195.6% |
| Income taxes | 67/77 | €4,433 | €14,268 | +€9,835 | +221.9% |
| Profit (loss) for the period | 9904 | €17,731 | €51,247 | +€33,516 | +189.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,731 | €51,247 | +€33,516 | +189.0% |
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 4 October 2026 via checked.be.