ULTRASON EVENT: 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.
ULTRASON EVENT
Largest movements
- Receivables within one year +€56,276
up €56,276 (+74.6%), from €75,441 to €131,717
of which Trade receivables: +€72,094
- Cash -€21,820
no longer reported in 2025 (was €21,820)
mainly Receivables within one year (-€56,276) and Tax, wage and social debts (-€14,669)
- Tangible fixed assets -€14,473
down €14,473 (-44.2%), from €32,713 to €18,241
of which Furniture and vehicles: -€9,738
- Current investments +€11,939
new in 2025: €11,939
- Profit (loss) carried forward +€23,858
up €23,858 (+63.3%), from -€37,681 to -€13,822
- Trade debts +€16,054
new in 2025: €16,054
- Tax, wage and social debts -€14,669
down €14,669 (-24.7%), from €59,345 to €44,677
- Other debts +€6,429
up €6,429 (+13.7%), from €46,994 to €53,423
- Gross operating margin -€32,600
down €32,600 (-46.2%), from €70,523 to €37,923
- Taxes -€23,986
no longer reported in 2025 (was €23,986)
- Depreciation +€1,119
up €1,119 (+10.7%), from €10,441 to €11,560
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 | €130,697 | €162,369 | +€31,672 | +24.2% |
| Fixed assets | 21/28 | €33,187 | €18,714 | -€14,473 | -43.6% |
| Tangible fixed assets | 22/27 | €32,713 | €18,241 | -€14,473 | -44.2% |
| Plant, machinery and equipment | 23 | €12,100 | €7,366 | -€4,734 | -39.1% |
| Furniture and vehicles | 24 | €20,613 | €10,875 | -€9,738 | -47.2% |
| Financial fixed assets | 28 | €473 | €473 | = | 0.0% |
| Current assets | 29/58 | €97,511 | €143,656 | +€46,145 | +47.3% |
| Amounts receivable within one year | 40/41 | €75,441 | €131,717 | +€56,276 | +74.6% |
| Trade receivables | 40 | €57,324 | €129,419 | +€72,094 | +126% |
| Other amounts receivable | 41 | €18,117 | €2,298 | -€15,818 | -87.3% |
| Current investments | 50/53 | - | €11,939 | +€11,939 | |
| Cash at bank and in hand | 54/58 | €21,820 | - | -€21,820 | |
| Deferred charges and accrued income | 490/1 | €250 | - | -€250 | |
| Total equity and liabilities | 10/49 | €130,697 | €162,369 | +€31,672 | +24.2% |
| Equity | 10/15 | €24,357 | €48,216 | +€23,858 | +98.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €38 | €38 | = | 0.0% |
| Non-distributable reserves | 130/1 | €38 | €38 | = | 0.0% |
| Legal reserve | 130 | €38 | €38 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,681 | -€13,822 | +€23,858 | +63.3% |
| Amounts payable | 17/49 | €106,340 | €114,154 | +€7,814 | +7.3% |
| Amounts payable within one year | 42/48 | €106,340 | €114,154 | +€7,814 | +7.3% |
| Trade debts | 44 | - | €16,054 | +€16,054 | |
| Suppliers | 440/4 | - | €16,054 | +€16,054 | |
| Taxes, remuneration and social security | 45 | €59,345 | €44,677 | -€14,669 | -24.7% |
| Taxes | 450/3 | €59,345 | €44,677 | -€14,669 | -24.7% |
| Other amounts payable | 47/48 | €46,994 | €53,423 | +€6,429 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,441 | €11,560 | +€1,119 | +10.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €610 | €610 | = | 0.0% |
| Other operating charges | 640/8 | €1,168 | €1,710 | +€542 | +46.4% |
| Gross operating margin | 9900 | €70,523 | €37,923 | -€32,600 | -46.2% |
| Operating profit (loss) | 9901 | €58,303 | €24,043 | -€34,260 | -58.8% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €468 | €185 | -€283 | -60.5% |
| Recurring financial charges | 65 | €468 | €185 | -€283 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | €57,837 | €23,858 | -€33,979 | -58.7% |
| Income taxes | 67/77 | €23,986 | - | -€23,986 | |
| Profit (loss) for the period | 9904 | €33,851 | €23,858 | -€9,992 | -29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,851 | €23,858 | -€9,992 | -29.5% |
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 21 October 2026 via checked.be.