Ultimate Crew: 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.
Ultimate Crew
Largest movements
- Receivables within one year +€123,273
up €123,273 (+65.8%), from €187,362 to €310,635
of which Trade receivables: +€161,543
- Intangible fixed assets +€105,851
new in 2025: €105,851
- Cash +€24,913
up €24,913 (+15.7%), from €158,680 to €183,593
mainly Trade debts (+€205,801) and Net result for the year (+€72,386)
- Financial fixed assets +€20,000
up €20,000 (+40.0%), from €50,000 to €70,000
- Trade debts +€205,801
up €205,801 (+1,286%), from €16,007 to €221,809
- Profit (loss) carried forward +€72,386
up €72,386 (+39.0%), from €185,494 to €257,880
- Gross operating margin +€184,763
up €184,763 (+21.5%), from €859,143 to €1.0m
- Staff costs +€99,687
up €99,687 (+11.8%), from €848,091 to €947,778
- Taxes +€16,167
up €16,167 (+835%), from €1,935 to €18,103
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 | €396,042 | €670,079 | +€274,037 | +69.2% |
| Fixed assets | 21/28 | €50,000 | €175,851 | +€125,851 | +252% |
| Intangible fixed assets | 21 | - | €105,851 | +€105,851 | |
| Financial fixed assets | 28 | €50,000 | €70,000 | +€20,000 | +40.0% |
| Current assets | 29/58 | €346,042 | €494,228 | +€148,186 | +42.8% |
| Amounts receivable within one year | 40/41 | €187,362 | €310,635 | +€123,273 | +65.8% |
| Trade receivables | 40 | €94,011 | €255,553 | +€161,543 | +172% |
| Other amounts receivable | 41 | €93,351 | €55,082 | -€38,270 | -41.0% |
| Cash at bank and in hand | 54/58 | €158,680 | €183,593 | +€24,913 | +15.7% |
| Total equity and liabilities | 10/49 | €396,042 | €670,079 | +€274,037 | +69.2% |
| Equity | 10/15 | €187,994 | €260,380 | +€72,386 | +38.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,494 | €257,880 | +€72,386 | +39.0% |
| Amounts payable | 17/49 | €208,049 | €409,699 | +€201,651 | +96.9% |
| Amounts payable within one year | 42/48 | €208,049 | €409,699 | +€201,651 | +96.9% |
| Trade debts | 44 | €16,007 | €221,809 | +€205,801 | +1,286% |
| Suppliers | 440/4 | €16,007 | €221,809 | +€205,801 | +1,286% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €192,041 | €187,882 | -€4,159 | -2.2% |
| Taxes | 450/3 | €19,733 | €51,134 | +€31,401 | +159% |
| Remuneration and social security | 454/9 | €172,308 | €136,748 | -€35,560 | -20.6% |
| Other amounts payable | 47/48 | - | €8 | +€8 | |
| Non-recurring operating income | 76A | - | €8,509 | +€8,509 | |
| Remuneration, social security and pensions | 62 | €848,091 | €947,778 | +€99,687 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,532 | +€4,532 | |
| Other operating charges | 640/8 | €521 | €720 | +€199 | +38.2% |
| Gross operating margin | 9900 | €859,143 | €1,043,906 | +€184,763 | +21.5% |
| Operating profit (loss) | 9901 | €10,531 | €90,877 | +€80,346 | +763% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €854 | €388 | -€466 | -54.6% |
| Recurring financial charges | 65 | €854 | €388 | -€466 | -54.6% |
| Profit (loss) for the period before taxes | 9903 | €9,677 | €90,489 | +€80,812 | +835% |
| Income taxes | 67/77 | €1,935 | €18,103 | +€16,167 | +835% |
| Profit (loss) for the period | 9904 | €7,742 | €72,386 | +€64,644 | +835% |
| Profit (loss) for the period to be appropriated | 9905 | €7,742 | €72,386 | +€64,644 | +835% |
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 13 October 2026 via checked.be.