ULTIMATE PRODUCTIONS: 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 PRODUCTIONS
Largest movements
- Receivables within one year +€17,564
new in 2025: €17,564
of which Trade receivables: +€16,731
- Cash +€16,159
up €16,159 (+16.5%), from €97,848 to €114,007
mainly Net result for the year (+€54,944) and Depreciation (+€13,623)
- Tangible fixed assets -€13,623
down €13,623 (-31.9%), from €42,649 to €29,026
of which Furniture and vehicles: -€11,302
- Reserves +€29,964
up €29,964 (+11.2%), from €266,692 to €296,655
- Tax, wage and social debts -€10,034
down €10,034 (-37.6%), from €26,719 to €16,685
of which Taxes: -€11,034
- Financial income +€5,588
up €5,588 (+2,962%), from €189 to €5,777
- Taxes -€3,709
down €3,709 (-15.8%), from €23,504 to €19,795
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 | €318,078 | €337,262 | +€19,184 | +6.0% |
| Fixed assets | 21/28 | €42,649 | €29,026 | -€13,623 | -31.9% |
| Tangible fixed assets | 22/27 | €42,649 | €29,026 | -€13,623 | -31.9% |
| Plant, machinery and equipment | 23 | €4,396 | €2,593 | -€1,803 | -41.0% |
| Furniture and vehicles | 24 | €35,064 | €23,762 | -€11,302 | -32.2% |
| Other tangible fixed assets | 26 | €3,189 | €2,671 | -€519 | -16.3% |
| Current assets | 29/58 | €275,429 | €308,236 | +€32,807 | +11.9% |
| Amounts receivable within one year | 40/41 | - | €17,564 | +€17,564 | |
| Trade receivables | 40 | - | €16,731 | +€16,731 | |
| Other amounts receivable | 41 | - | €833 | +€833 | |
| Current investments | 50/53 | €175,000 | €175,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €97,848 | €114,007 | +€16,159 | +16.5% |
| Deferred charges and accrued income | 490/1 | €2,581 | €1,665 | -€916 | -35.5% |
| Total equity and liabilities | 10/49 | €318,078 | €337,262 | +€19,184 | +6.0% |
| Equity | 10/15 | €266,692 | €296,655 | +€29,964 | +11.2% |
| Reserves | 13 | €266,692 | €296,655 | +€29,964 | +11.2% |
| Distributable reserves | 133 | €266,692 | €296,655 | +€29,964 | +11.2% |
| Amounts payable | 17/49 | €51,387 | €40,606 | -€10,780 | -21.0% |
| Amounts payable within one year | 42/48 | €51,387 | €40,518 | -€10,869 | -21.2% |
| Trade debts | 44 | €1,101 | €102 | -€999 | -90.7% |
| Suppliers | 440/4 | €1,101 | €102 | -€999 | -90.7% |
| Taxes, remuneration and social security | 45 | €26,719 | €16,685 | -€10,034 | -37.6% |
| Taxes | 450/3 | €26,719 | €15,685 | -€11,034 | -41.3% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €23,566 | €23,731 | +€165 | +0.7% |
| Accrued charges and deferred income | 492/3 | - | €88 | +€88 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,746 | €13,623 | -€122 | -0.9% |
| Other operating charges | 640/8 | €198 | €418 | +€221 | +112% |
| Gross operating margin | 9900 | €83,822 | €83,517 | -€305 | -0.4% |
| Operating profit (loss) | 9901 | €69,879 | €69,475 | -€404 | -0.6% |
| Financial income | 75/76B | €189 | €5,777 | +€5,588 | +2,962% |
| Recurring financial income | 75 | €189 | €5,777 | +€5,588 | +2,962% |
| Financial charges | 65/66B | €439 | €513 | +€74 | +16.9% |
| Recurring financial charges | 65 | €439 | €513 | +€74 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | €69,628 | €74,739 | +€5,110 | +7.3% |
| Income taxes | 67/77 | €23,504 | €19,795 | -€3,709 | -15.8% |
| Profit (loss) for the period | 9904 | €46,124 | €54,944 | +€8,820 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €46,124 | €54,944 | +€8,820 | +19.1% |
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 31 October 2026 via checked.be.