Ultra-IT: what changed
Two fiscal 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-IT
Largest movements
- Receivables within one year +€54,635
up €54,635 (+24.8%), from €220,697 to €275,332
of which Trade receivables: +€55,518
- Cash -€44,452
down €44,452 (-28.1%), from €158,077 to €113,625
mainly Contributions, distributions and other (-€65,000) and Receivables within one year (-€54,635)
- Tangible fixed assets +€37,602
up €37,602 (+187.9%), from €20,012 to €57,614
of which Furniture and vehicles: +€38,339
- Stocks and contracts -€6,103
down €6,103 (-19.8%), from €30,883 to €24,780
- Other debts +€71,588
up €71,588 (+102.9%), from €69,595 to €141,183
- Reserves -€53,000
no longer reported in 2025 (was €53,000)
- Short-term financial debts +€25,000
new in 2025: €25,000
- Tax, wage and social debts +€7,793
up €7,793 (+11.4%), from €68,239 to €76,032
of which Taxes: +€6,127
- Trade debts -€5,152
down €5,152 (-6.7%), from €76,959 to €71,807
- Financial charges -€24,340
down €24,340 (-21.7%), from €112,307 to €87,967
- Gross operating margin -€18,322
down €18,322 (-4.8%), from €380,461 to €362,139
- Staff costs -€11,266
down €11,266 (-4.4%), from €254,679 to €243,414
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 | €429,919 | €471,601 | +€41,682 | +9.7% |
| Fixed assets | 21/28 | €20,262 | €57,864 | +€37,602 | +185.6% |
| Tangible fixed assets | 22/27 | €20,012 | €57,614 | +€37,602 | +187.9% |
| Furniture and vehicles | 24 | €18,657 | €56,996 | +€38,339 | +205.5% |
| Other tangible fixed assets | 26 | €1,355 | €618 | -€737 | -54.4% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €409,657 | €413,737 | +€4,079 | +1.0% |
| Stocks and contracts in progress | 3 | €30,883 | €24,780 | -€6,103 | -19.8% |
| Stocks | 30/36 | €30,883 | €24,780 | -€6,103 | -19.8% |
| Amounts receivable within one year | 40/41 | €220,697 | €275,332 | +€54,635 | +24.8% |
| Trade receivables | 40 | €191,354 | €246,872 | +€55,518 | +29.0% |
| Other amounts receivable | 41 | €29,343 | €28,460 | -€883 | -3.0% |
| Cash at bank and in hand | 54/58 | €158,077 | €113,625 | -€44,452 | -28.1% |
| Total equity and liabilities | 10/49 | €429,919 | €471,601 | +€41,682 | +9.7% |
| Equity | 10/15 | €194,942 | €142,324 | -€52,618 | -27.0% |
| Contributions | 10/11 | €8,197 | €8,197 | = | 0.0% |
| Reserves | 13 | €53,000 | - | -€53,000 | |
| Distributable reserves | 133 | €53,000 | - | -€53,000 | |
| Profit (loss) carried forward | 14 | €133,745 | €134,127 | +€382 | +0.3% |
| Amounts payable | 17/49 | €234,977 | €329,277 | +€94,299 | +40.1% |
| Amounts payable within one year | 42/48 | €234,977 | €329,277 | +€94,299 | +40.1% |
| Current portion of amounts payable after more than one year | 42 | €20,184 | €15,255 | -€4,929 | -24.4% |
| Financial debts | 43 | - | €25,000 | +€25,000 | |
| Credit institutions | 430/8 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €76,959 | €71,807 | -€5,152 | -6.7% |
| Suppliers | 440/4 | €76,959 | €71,807 | -€5,152 | -6.7% |
| Taxes, remuneration and social security | 45 | €68,239 | €76,032 | +€7,793 | +11.4% |
| Taxes | 450/3 | €17,164 | €23,291 | +€6,127 | +35.7% |
| Remuneration and social security | 454/9 | €51,075 | €52,742 | +€1,666 | +3.3% |
| Other amounts payable | 47/48 | €69,595 | €141,183 | +€71,588 | +102.9% |
| Remuneration, social security and pensions | 62 | €254,679 | €243,414 | -€11,266 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,804 | €7,211 | +€407 | +6.0% |
| Other operating charges | 640/8 | €843 | €3,949 | +€3,106 | +368.2% |
| Gross operating margin | 9900 | €380,461 | €362,139 | -€18,322 | -4.8% |
| Operating profit (loss) | 9901 | €118,134 | €107,564 | -€10,570 | -8.9% |
| Financial income | 75/76B | €4 | €164 | +€160 | +4082.9% |
| Recurring financial income | 75 | €4 | €164 | +€160 | +4082.9% |
| Financial charges | 65/66B | €112,307 | €87,967 | -€24,340 | -21.7% |
| Recurring financial charges | 65 | €112,307 | €87,967 | -€24,340 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €5,831 | €19,761 | +€13,930 | +238.9% |
| Income taxes | 67/77 | €4,468 | €7,379 | +€2,911 | +65.2% |
| Profit (loss) for the period | 9904 | €1,363 | €12,382 | +€11,019 | +808.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,363 | €12,382 | +€11,019 | +808.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.