ULTRA: 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.
ULTRA
Largest movements
- Cash +€11,299
up €11,299 (+258.6%), from €4,370 to €15,669
mainly Tax, wage and social debts (+€5,340) and Receivables within one year (+€3,248)
- Receivables within one year -€3,248
down €3,248 (-25.7%), from €12,659 to €9,411
of which Other amounts receivable: -€3,622
- Tax, wage and social debts +€5,340
up €5,340 (+64.3%), from €8,311 to €13,651
- Profit (loss) carried forward +€2,341
up €2,341 (+29.1%), from €8,055 to €10,396
- Gross operating margin +€10,013
up €10,013, from -€3,850 to €6,164
- Financial charges -€867
down €867 (-55.8%), from €1,555 to €688
- Depreciation +€116
up €116 (+4.8%), from €2,396 to €2,512
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 | €20,154 | €27,999 | +€7,845 | +38.9% |
| Fixed assets | 21/28 | €2,920 | €2,919 | -€2 | -0.1% |
| Tangible fixed assets | 22/27 | €2,920 | €2,919 | -€2 | -0.1% |
| Furniture and vehicles | 24 | €2,920 | €2,919 | -€2 | -0.1% |
| Current assets | 29/58 | €17,234 | €25,080 | +€7,846 | +45.5% |
| Amounts receivable within one year | 40/41 | €12,659 | €9,411 | -€3,248 | -25.7% |
| Trade receivables | 40 | €2,950 | €3,324 | +€374 | +12.7% |
| Other amounts receivable | 41 | €9,708 | €6,087 | -€3,622 | -37.3% |
| Cash at bank and in hand | 54/58 | €4,370 | €15,669 | +€11,299 | +258.6% |
| Deferred charges and accrued income | 490/1 | €206 | - | -€206 | |
| Total equity and liabilities | 10/49 | €20,154 | €27,999 | +€7,845 | +38.9% |
| Equity | 10/15 | €9,055 | €11,396 | +€2,341 | +25.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,055 | €10,396 | +€2,341 | +29.1% |
| Amounts payable | 17/49 | €11,099 | €16,603 | +€5,504 | +49.6% |
| Amounts payable within one year | 42/48 | €11,099 | €16,603 | +€5,504 | +49.6% |
| Trade debts | 44 | €535 | €699 | +€164 | +30.7% |
| Suppliers | 440/4 | €535 | €699 | +€164 | +30.7% |
| Taxes, remuneration and social security | 45 | €8,311 | €13,651 | +€5,340 | +64.3% |
| Remuneration and social security | 454/9 | €8,311 | €13,651 | +€5,340 | +64.3% |
| Other amounts payable | 47/48 | €2,253 | €2,253 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,396 | €2,512 | +€116 | +4.8% |
| Other operating charges | 640/8 | €627 | €623 | -€4 | -0.6% |
| Gross operating margin | 9900 | -€3,850 | €6,164 | +€10,013 | |
| Operating profit (loss) | 9901 | -€6,873 | €3,029 | +€9,902 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €1,555 | €688 | -€867 | -55.8% |
| Recurring financial charges | 65 | €1,555 | €688 | -€867 | -55.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,426 | €2,341 | +€10,766 | |
| Profit (loss) for the period | 9904 | -€8,426 | €2,341 | +€10,766 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,426 | €2,341 | +€10,766 |
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 12 October 2026 via checked.be.