ULTRABURO: 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.
ULTRABURO
Largest movements
- Tangible fixed assets +€15,717
up €15,717 (+412%), from €3,811 to €19,528
of which Furniture and vehicles: +€16,635
- Intangible fixed assets -€3,800
down €3,800 (-24.5%), from €15,497 to €11,697
- Cash -€1,900
down €1,900 (-34.5%), from €5,504 to €3,604
mainly Investment in fixed assets (net) (-€20,750) and Accrued charges and deferred income (-€2,172)
- Receivables within one year +€1,511
up €1,511 (+12.3%), from €12,311 to €13,821
of which Other amounts receivable: +€1,218
- Profit (loss) carried forward +€5,843
up €5,843 (+31.0%), from €18,857 to €24,700
- Debts after one year +€4,665
new in 2025: €4,665
- Tax, wage and social debts +€2,430
up €2,430 (+41.2%), from €5,900 to €8,330
- Accrued charges and deferred income -€2,172
down €2,172 (-95.0%), from €2,286 to €114
- Current portion of long-term debt +€1,936
new in 2025: €1,936
- Gross operating margin -€11,598
down €11,598 (-39.2%), from €29,557 to €17,959
- Taxes -€3,170
down €3,170 (-58.7%), from €5,400 to €2,230
- Depreciation +€3,041
up €3,041 (+52.5%), from €5,792 to €8,833
- Financial charges +€1,150
up €1,150 (+1,091%), from €105 to €1,255
- Financial income +€337
up €337 (+33.1%), from €1,020 to €1,357
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 | €37,137 | €49,141 | +€12,005 | +32.3% |
| Fixed assets | 21/28 | €19,308 | €31,225 | +€11,917 | +61.7% |
| Intangible fixed assets | 21 | €15,497 | €11,697 | -€3,800 | -24.5% |
| Tangible fixed assets | 22/27 | €3,811 | €19,528 | +€15,717 | +412% |
| Plant, machinery and equipment | 23 | €2,979 | €2,061 | -€918 | -30.8% |
| Furniture and vehicles | 24 | €832 | €17,467 | +€16,635 | +1,999% |
| Current assets | 29/58 | €17,829 | €17,916 | +€87 | +0.5% |
| Amounts receivable within one year | 40/41 | €12,311 | €13,821 | +€1,511 | +12.3% |
| Trade receivables | 40 | €535 | €827 | +€292 | +54.6% |
| Other amounts receivable | 41 | €11,776 | €12,994 | +€1,218 | +10.3% |
| Cash at bank and in hand | 54/58 | €5,504 | €3,604 | -€1,900 | -34.5% |
| Deferred charges and accrued income | 490/1 | €14 | €490 | +€476 | +3,415% |
| Total equity and liabilities | 10/49 | €37,137 | €49,141 | +€12,005 | +32.3% |
| Equity | 10/15 | €22,857 | €28,700 | +€5,843 | +25.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,857 | €24,700 | +€5,843 | +31.0% |
| Amounts payable | 17/49 | €14,279 | €20,441 | +€6,161 | +43.1% |
| Amounts payable after more than one year | 17 | - | €4,665 | +€4,665 | |
| Financial debts | 170/4 | - | €4,665 | +€4,665 | |
| Amounts payable within one year | 42/48 | €11,993 | €15,661 | +€3,668 | +30.6% |
| Current portion of amounts payable after more than one year | 42 | - | €1,936 | +€1,936 | |
| Trade debts | 44 | €4,993 | €4,812 | -€181 | -3.6% |
| Suppliers | 440/4 | €4,993 | €2,751 | -€2,242 | -44.9% |
| Bills of exchange payable | 441 | - | €2,061 | +€2,061 | |
| Advances received on contracts in progress | 46 | €1,100 | - | -€1,100 | |
| Taxes, remuneration and social security | 45 | €5,900 | €8,330 | +€2,430 | +41.2% |
| Taxes | 450/3 | €5,900 | €8,330 | +€2,430 | +41.2% |
| Other amounts payable | 47/48 | - | €583 | +€583 | |
| Accrued charges and deferred income | 492/3 | €2,286 | €114 | -€2,172 | -95.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,792 | €8,833 | +€3,041 | +52.5% |
| Other operating charges | 640/8 | €422 | €322 | -€100 | -23.7% |
| Gross operating margin | 9900 | €29,557 | €17,959 | -€11,598 | -39.2% |
| Operating profit (loss) | 9901 | €23,343 | €8,804 | -€14,538 | -62.3% |
| Financial income | 75/76B | €1,020 | €1,357 | +€337 | +33.1% |
| Recurring financial income | 75 | €1,020 | €1,357 | +€337 | +33.1% |
| Financial charges | 65/66B | €105 | €1,255 | +€1,150 | +1,091% |
| Recurring financial charges | 65 | €105 | €1,255 | +€1,150 | +1,091% |
| Profit (loss) for the period before taxes | 9903 | €24,257 | €8,906 | -€15,351 | -63.3% |
| Income taxes | 67/77 | €5,400 | €2,230 | -€3,170 | -58.7% |
| Profit (loss) for the period | 9904 | €18,857 | €6,676 | -€12,181 | -64.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,857 | €6,676 | -€12,181 | -64.6% |
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 17 October 2026 via checked.be.