ULTRA EPIC: 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 EPIC
Largest movements
- Deferred charges and accrued income -€19,501
down €19,501 (-100%), from €19,501 to €0
- Cash +€7,603
up €7,603 (+434%), from €1,750 to €9,353
mainly Deferred charges and accrued income (+€19,501) and Receivables within one year (+€3,761)
- Receivables within one year -€3,761
down €3,761 (-47.2%), from €7,961 to €4,200
of which Other amounts receivable: -€2,457
- Trade debts -€13,012
down €13,012 (-40.2%), from €32,357 to €19,345
- Profit (loss) carried forward -€2,979
down €2,979 (-3.7%), from -€80,454 to -€83,433
- Other debts +€2,269
up €2,269 (+33.7%), from €6,735 to €9,005
- Tax, wage and social debts -€1,937
down €1,937 (-68.8%), from €2,815 to €878
- Gross operating margin +€25,798
up €25,798, from -€24,840 to €958
- Other operating charges +€803
up €803 (+65.6%), from €1,223 to €2,026
- Financial charges -€735
down €735 (-27.8%), from €2,645 to €1,911
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 | €29,212 | €13,553 | -€15,659 | -53.6% |
| Current assets | 29/58 | €29,212 | €13,553 | -€15,659 | -53.6% |
| Amounts receivable within one year | 40/41 | €7,961 | €4,200 | -€3,761 | -47.2% |
| Trade receivables | 40 | €5,504 | €4,200 | -€1,304 | -23.7% |
| Other amounts receivable | 41 | €2,457 | €0 | -€2,457 | -100% |
| Cash at bank and in hand | 54/58 | €1,750 | €9,353 | +€7,603 | +434% |
| Deferred charges and accrued income | 490/1 | €19,501 | €0 | -€19,501 | -100% |
| Total equity and liabilities | 10/49 | €29,212 | €13,553 | -€15,659 | -53.6% |
| Equity | 10/15 | -€12,695 | -€15,674 | -€2,979 | -23.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,159 | €49,159 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €49,159 | €49,159 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,454 | -€83,433 | -€2,979 | -3.7% |
| Amounts payable | 17/49 | €41,907 | €29,228 | -€12,680 | -30.3% |
| Amounts payable within one year | 42/48 | €41,907 | €29,228 | -€12,680 | -30.3% |
| Trade debts | 44 | €32,357 | €19,345 | -€13,012 | -40.2% |
| Suppliers | 440/4 | €32,357 | €19,345 | -€13,012 | -40.2% |
| Taxes, remuneration and social security | 45 | €2,815 | €878 | -€1,937 | -68.8% |
| Taxes | 450/3 | €2,815 | €878 | -€1,937 | -68.8% |
| Other amounts payable | 47/48 | €6,735 | €9,005 | +€2,269 | +33.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Other operating charges | 640/8 | €1,223 | €2,026 | +€803 | +65.6% |
| Gross operating margin | 9900 | -€24,840 | €958 | +€25,798 | |
| Operating profit (loss) | 9901 | -€26,063 | -€1,069 | +€24,995 | +95.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,645 | €1,911 | -€735 | -27.8% |
| Recurring financial charges | 65 | €2,645 | €1,911 | -€735 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | -€28,709 | -€2,979 | +€25,730 | +89.6% |
| Profit (loss) for the period | 9904 | -€28,709 | -€2,979 | +€25,730 | +89.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,709 | -€2,979 | +€25,730 | +89.6% |
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.