ULTRAVIOLET: 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.
ULTRAVIOLET
Largest movements
- Receivables within one year +€152,624
up €152,624 (+616%), from €24,795 to €177,420
of which Trade receivables: +€103,530
- Tangible fixed assets -€113,933
down €113,933 (-17.0%), from €670,271 to €556,338
of which Other tangible fixed assets: -€78,914
- Deferred charges and accrued income +€8,098
new in 2025: €8,098
- Trade debts +€71,637
up €71,637 (+41.2%), from €173,991 to €245,628
- Profit (loss) carried forward +€69,085
up €69,085 (+38.6%), from -€179,126 to -€110,041
- Current portion of long-term debt -€50,741
down €50,741 (-78.3%), from €64,835 to €14,093
- Other debts +€25,039
up €25,039 (+7.2%), from €346,715 to €371,754
- Investment grants -€24,708
down €24,708 (-50.0%), from €49,415 to €24,708
- Gross operating margin +€120,021
up €120,021 (+19.5%), from €614,478 to €734,499
- Staff costs +€68,454
up €68,454 (+15.2%), from €451,677 to €520,131
- Financial charges -€19,360
down €19,360 (-36.0%), from €53,786 to €34,426
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 | €729,524 | €777,690 | +€48,166 | +6.6% |
| Fixed assets | 21/28 | €670,271 | €556,338 | -€113,933 | -17.0% |
| Tangible fixed assets | 22/27 | €670,271 | €556,338 | -€113,933 | -17.0% |
| Plant, machinery and equipment | 23 | - | €7,813 | +€7,813 | |
| Furniture and vehicles | 24 | €111,683 | €68,851 | -€42,832 | -38.4% |
| Other tangible fixed assets | 26 | €558,588 | €479,674 | -€78,914 | -14.1% |
| Current assets | 29/58 | €59,253 | €221,352 | +€162,099 | +274% |
| Stocks and contracts in progress | 3 | €31,861 | €31,861 | = | 0.0% |
| Stocks | 30/36 | €31,861 | €31,861 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,795 | €177,420 | +€152,624 | +616% |
| Trade receivables | 40 | €24,659 | €128,188 | +€103,530 | +420% |
| Other amounts receivable | 41 | €137 | €49,231 | +€49,095 | +35,919% |
| Cash at bank and in hand | 54/58 | €2,597 | €3,973 | +€1,377 | +53.0% |
| Deferred charges and accrued income | 490/1 | - | €8,098 | +€8,098 | |
| Total equity and liabilities | 10/49 | €729,524 | €777,690 | +€48,166 | +6.6% |
| Equity | 10/15 | €30,369 | €74,747 | +€44,378 | +146% |
| Contributions | 10/11 | €160,080 | €160,080 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€179,126 | -€110,041 | +€69,085 | +38.6% |
| Investment grants | 15 | €49,415 | €24,708 | -€24,708 | -50.0% |
| Amounts payable | 17/49 | €699,155 | €702,944 | +€3,788 | +0.5% |
| Amounts payable within one year | 42/48 | €693,322 | €702,944 | +€9,622 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €64,835 | €14,093 | -€50,741 | -78.3% |
| Financial debts | 43 | €14,502 | €1,610 | -€12,892 | -88.9% |
| Credit institutions | 430/8 | €14,502 | €1,610 | -€12,892 | -88.9% |
| Trade debts | 44 | €173,991 | €245,628 | +€71,637 | +41.2% |
| Suppliers | 440/4 | €173,991 | €245,628 | +€71,637 | +41.2% |
| Taxes, remuneration and social security | 45 | €93,279 | €69,858 | -€23,422 | -25.1% |
| Taxes | 450/3 | €29,817 | €33,090 | +€3,272 | +11.0% |
| Remuneration and social security | 454/9 | €63,462 | €36,768 | -€26,694 | -42.1% |
| Other amounts payable | 47/48 | €346,715 | €371,754 | +€25,039 | +7.2% |
| Accrued charges and deferred income | 492/3 | €5,833 | - | -€5,833 | |
| Remuneration, social security and pensions | 62 | €451,677 | €520,131 | +€68,454 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,555 | €133,877 | +€1,322 | +1.0% |
| Other operating charges | 640/8 | €5,902 | €1,774 | -€4,127 | -69.9% |
| Non-recurring operating charges | 66A | €265 | - | -€265 | |
| Gross operating margin | 9900 | €614,478 | €734,499 | +€120,021 | +19.5% |
| Operating profit (loss) | 9901 | €24,080 | €78,717 | +€54,637 | +227% |
| Financial income | 75/76B | €56 | €87 | +€31 | +56.1% |
| Recurring financial income | 75 | €56 | €87 | +€31 | +56.1% |
| Financial charges | 65/66B | €53,786 | €34,426 | -€19,360 | -36.0% |
| Recurring financial charges | 65 | €53,786 | €34,426 | -€19,360 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | -€29,651 | €44,378 | +€74,029 | |
| Transfer from deferred taxes | 780 | €24,708 | €24,708 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€4,943 | €69,085 | +€74,029 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,943 | €69,085 | +€74,029 |
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 25 October 2026 via checked.be.