ULTRAZONIC: 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.
ULTRAZONIC
Largest movements
- Receivables within one year +€317,276
up €317,276 (+89.3%), from €355,281 to €672,558
of which Other amounts receivable: +€236,609
- Stocks and contracts +€108,417
up €108,417 (+8.5%), from €1.3m to €1.4m
- Cash -€21,511
down €21,511 (-63.3%), from €34,006 to €12,495
mainly Receivables within one year (-€317,276) and Stocks and contracts (-€108,417)
- Trade debts +€240,320
up €240,320 (+70.9%), from €338,724 to €579,044
- Short-term financial debts +€152,350
up €152,350 (+43.0%), from €354,500 to €506,850
of which Other loans: +€360,000
- Staff costs +€88,384
up €88,384 (+53.7%), from €164,617 to €253,001
- Gross operating margin -€18,174
down €18,174 (-6.2%), from €291,512 to €273,338
- Financial charges -€11,141
down €11,141 (-34.4%), from €32,351 to €21,210
- Financial income +€6,969
up €6,969 (+278.7%), from €2,501 to €9,469
- Other operating charges -€4,207
down €4,207 (-63.3%), from €6,648 to €2,441
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 | €1,717,964 | €2,121,896 | +€403,932 | +23.5% |
| Fixed assets | 21/28 | €42,331 | €47,236 | +€4,905 | +11.6% |
| Intangible fixed assets | 21 | €13,520 | €9,000 | -€4,520 | -33.4% |
| Tangible fixed assets | 22/27 | €13,023 | €22,448 | +€9,425 | +72.4% |
| Plant, machinery and equipment | 23 | €5,806 | €15,230 | +€9,424 | +162.3% |
| Furniture and vehicles | 24 | €7,217 | €7,218 | +€1 | 0.0% |
| Financial fixed assets | 28 | €15,788 | €15,788 | = | 0.0% |
| Current assets | 29/58 | €1,675,633 | €2,074,660 | +€399,027 | +23.8% |
| Amounts receivable after more than one year | 29 | €5,155 | - | -€5,155 | |
| Trade receivables | 290 | €5,155 | - | -€5,155 | |
| Stocks and contracts in progress | 3 | €1,281,191 | €1,389,607 | +€108,417 | +8.5% |
| Stocks | 30/36 | €1,281,191 | €1,389,607 | +€108,417 | +8.5% |
| Amounts receivable within one year | 40/41 | €355,281 | €672,558 | +€317,276 | +89.3% |
| Trade receivables | 40 | €352,105 | €432,773 | +€80,667 | +22.9% |
| Other amounts receivable | 41 | €3,176 | €239,785 | +€236,609 | +7449.8% |
| Cash at bank and in hand | 54/58 | €34,006 | €12,495 | -€21,511 | -63.3% |
| Total equity and liabilities | 10/49 | €1,717,964 | €2,121,896 | +€403,932 | +23.5% |
| Equity | 10/15 | €981,899 | €974,374 | -€7,524 | -0.8% |
| Contributions | 10/11 | €1,630,000 | €1,630,000 | = | 0.0% |
| Capital | 10 | €1,630,000 | €1,630,000 | = | 0.0% |
| Issued capital | 100 | €1,630,000 | €1,630,000 | = | 0.0% |
| Reserves | 13 | €10 | €10 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10 | €10 | = | 0.0% |
| Legal reserve | 130 | €10 | €10 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€648,112 | -€655,636 | -€7,524 | -1.2% |
| Amounts payable | 17/49 | €736,065 | €1,147,521 | +€411,456 | +55.9% |
| Amounts payable within one year | 42/48 | €728,065 | €1,135,521 | +€407,456 | +56.0% |
| Financial debts | 43 | €354,500 | €506,850 | +€152,350 | +43.0% |
| Credit institutions | 430/8 | €354,500 | €146,850 | -€207,650 | -58.6% |
| Other loans | 439 | - | €360,000 | +€360,000 | |
| Trade debts | 44 | €338,724 | €579,044 | +€240,320 | +70.9% |
| Suppliers | 440/4 | €338,724 | €579,044 | +€240,320 | +70.9% |
| Taxes, remuneration and social security | 45 | €34,842 | €45,301 | +€10,459 | +30.0% |
| Taxes | 450/3 | €18,023 | €20,267 | +€2,244 | +12.4% |
| Remuneration and social security | 454/9 | €16,818 | €25,034 | +€8,215 | +48.8% |
| Other amounts payable | 47/48 | - | €4,327 | +€4,327 | |
| Accrued charges and deferred income | 492/3 | €8,000 | €12,000 | +€4,000 | +50.0% |
| Remuneration, social security and pensions | 62 | €164,617 | €253,001 | +€88,384 | +53.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,768 | €12,639 | +€871 | +7.4% |
| Other operating charges | 640/8 | €6,648 | €2,441 | -€4,207 | -63.3% |
| Gross operating margin | 9900 | €291,512 | €273,338 | -€18,174 | -6.2% |
| Operating profit (loss) | 9901 | €108,479 | €5,257 | -€103,222 | -95.2% |
| Financial income | 75/76B | €2,501 | €9,469 | +€6,969 | +278.7% |
| Recurring financial income | 75 | €2,501 | €9,469 | +€6,969 | +278.7% |
| Financial charges | 65/66B | €32,351 | €21,210 | -€11,141 | -34.4% |
| Recurring financial charges | 65 | €32,351 | €21,210 | -€11,141 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | €78,629 | -€6,484 | -€85,113 | |
| Income taxes | 67/77 | €772 | €1,040 | +€268 | +34.7% |
| Profit (loss) for the period | 9904 | €77,857 | -€7,524 | -€85,381 | |
| Profit (loss) for the period to be appropriated | 9905 | €77,857 | -€7,524 | -€85,381 |
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 10 October 2026 via checked.be.