ULTIWEB: 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.
ULTIWEB
Largest movements
- Intangible fixed assets +€98,729
new in 2025: €98,729
- Receivables within one year -€43,059
down €43,059 (-100.0%), from €43,074 to €15
of which Other amounts receivable: -€28,139
- Other debts +€86,346
new in 2025: €86,346
- Current portion of long-term debt -€6,623
no longer reported in 2025 (was €6,623)
- Profit (loss) carried forward -€5,865
down €5,865 (-16.6%), from €35,226 to €29,361
- Advances received -€5,735
no longer reported in 2025 (was €5,735)
- Debts after one year -€5,592
no longer reported in 2025 (was €5,592)
- Gross operating margin -€30,659
down €30,659, from €26,830 to -€3,829
- Turnover -€28,258
no longer reported in 2025 (was €28,258)
- Taxes -€4,832
down €4,832 (-71.0%), from €6,802 to €1,970
- Purchases and services -€2,264
no longer reported in 2025 (was €2,264)
- Financial charges +€853
up €853 (+63.5%), from €1,343 to €2,196
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,910 | €150,641 | +€56,731 | +60.4% |
| Fixed assets | 21/28 | €50,000 | €148,729 | +€98,729 | +197% |
| Intangible fixed assets | 21 | - | €98,729 | +€98,729 | |
| Tangible fixed assets | 22/27 | €50,000 | €50,000 | = | 0.0% |
| Land and buildings | 22 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €43,910 | €1,912 | -€41,998 | -95.6% |
| Amounts receivable within one year | 40/41 | €43,074 | €15 | -€43,059 | -100.0% |
| Trade receivables | 40 | €14,921 | - | -€14,921 | |
| Other amounts receivable | 41 | €28,153 | €15 | -€28,139 | -99.9% |
| Cash at bank and in hand | 54/58 | - | €20 | +€20 | |
| Deferred charges and accrued income | 490/1 | €836 | €1,877 | +€1,041 | +125% |
| Total equity and liabilities | 10/49 | €93,910 | €150,641 | +€56,731 | +60.4% |
| Equity | 10/15 | €53,826 | €47,961 | -€5,865 | -10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,226 | €29,361 | -€5,865 | -16.6% |
| Amounts payable | 17/49 | €40,084 | €102,680 | +€62,595 | +156% |
| Amounts payable after more than one year | 17 | €5,592 | - | -€5,592 | |
| Financial debts | 170/4 | €5,592 | - | -€5,592 | |
| Amounts payable within one year | 42/48 | €34,493 | €102,680 | +€68,187 | +198% |
| Current portion of amounts payable after more than one year | 42 | €6,623 | - | -€6,623 | |
| Financial debts | 43 | €3,988 | - | -€3,988 | |
| Credit institutions | 430/8 | €3,988 | - | -€3,988 | |
| Trade debts | 44 | €2,361 | €2,408 | +€48 | +2.0% |
| Suppliers | 440/4 | €2,361 | €2,408 | +€48 | +2.0% |
| Advances received on contracts in progress | 46 | €5,735 | - | -€5,735 | |
| Taxes, remuneration and social security | 45 | €15,786 | €13,925 | -€1,861 | -11.8% |
| Taxes | 450/3 | €15,786 | €13,925 | -€1,861 | -11.8% |
| Other amounts payable | 47/48 | - | €86,346 | +€86,346 | |
| Turnover | 70 | €28,258 | - | -€28,258 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,264 | - | -€2,264 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €271 | +€271 | |
| Gross operating margin | 9900 | €26,830 | -€3,829 | -€30,659 | |
| Operating profit (loss) | 9901 | €26,830 | -€4,100 | -€30,931 | |
| Financial charges | 65/66B | €1,343 | €2,196 | +€853 | +63.5% |
| Recurring financial charges | 65 | €1,343 | €2,196 | +€853 | +63.5% |
| Profit (loss) for the period before taxes | 9903 | €25,488 | -€6,296 | -€31,784 | |
| Income taxes | 67/77 | €6,802 | €1,970 | -€4,832 | -71.0% |
| Profit (loss) for the period | 9904 | €18,686 | -€8,266 | -€26,952 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,686 | -€8,266 | -€26,952 |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.