ULUS TRANS: 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.
ULUS TRANS
Largest movements
- Cash +€138,409
up €138,409 (+652%), from €21,243 to €159,652
mainly Trade debts (+€103,526) and Net result for the year (+€43,543)
- Tangible fixed assets +€34,497
up €34,497 (+244%), from €14,156 to €48,653
of which Furniture and vehicles: +€35,922
- Receivables within one year +€12,456
up €12,456 (+142%), from €8,794 to €21,249
of which Other amounts receivable: +€12,456
- Trade debts +€103,526
up €103,526 (+1,185%), from €8,734 to €112,261
- Profit (loss) carried forward +€43,543
up €43,543 (+226%), from €19,248 to €62,792
- Tax, wage and social debts +€37,802
up €37,802 (+234%), from €16,160 to €53,962
- Gross operating margin +€36,978
up €36,978 (+153%), from €24,164 to €61,142
- Taxes +€6,439
up €6,439 (+134%), from €4,812 to €11,251
- Depreciation +€4,335
up €4,335 (+4,627%), from €94 to €4,429
- Other operating charges +€1,459
new in 2025: €1,459
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 | €53,193 | €238,554 | +€185,362 | +348% |
| Fixed assets | 21/28 | €14,156 | €48,653 | +€34,497 | +244% |
| Tangible fixed assets | 22/27 | €14,156 | €48,653 | +€34,497 | +244% |
| Land and buildings | 22 | €14,156 | €12,731 | -€1,425 | -10.1% |
| Furniture and vehicles | 24 | - | €35,922 | +€35,922 | |
| Current assets | 29/58 | €39,036 | €189,901 | +€150,865 | +386% |
| Amounts receivable within one year | 40/41 | €8,794 | €21,249 | +€12,456 | +142% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €8,794 | €21,249 | +€12,456 | +142% |
| Current investments | 50/53 | €9,000 | €9,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,243 | €159,652 | +€138,409 | +652% |
| Total equity and liabilities | 10/49 | €53,193 | €238,554 | +€185,362 | +348% |
| Equity | 10/15 | €19,248 | €62,792 | +€43,543 | +226% |
| Profit (loss) carried forward | 14 | €19,248 | €62,792 | +€43,543 | +226% |
| Amounts payable | 17/49 | €33,945 | €175,763 | +€141,818 | +418% |
| Amounts payable within one year | 42/48 | €33,945 | €175,763 | +€141,818 | +418% |
| Trade debts | 44 | €8,734 | €112,261 | +€103,526 | +1,185% |
| Suppliers | 440/4 | €8,734 | €112,261 | +€103,526 | +1,185% |
| Taxes, remuneration and social security | 45 | €16,160 | €53,962 | +€37,802 | +234% |
| Taxes | 450/3 | €16,160 | €53,962 | +€37,802 | +234% |
| Other amounts payable | 47/48 | €9,050 | €9,540 | +€490 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94 | €4,429 | +€4,335 | +4,627% |
| Other operating charges | 640/8 | - | €1,459 | +€1,459 | |
| Gross operating margin | 9900 | €24,164 | €61,142 | +€36,978 | +153% |
| Operating profit (loss) | 9901 | €24,070 | €55,254 | +€31,184 | +130% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €10 | €464 | +€454 | +4,735% |
| Recurring financial charges | 65 | €10 | €464 | +€454 | +4,735% |
| Profit (loss) for the period before taxes | 9903 | €24,060 | €54,794 | +€30,734 | +128% |
| Income taxes | 67/77 | €4,812 | €11,251 | +€6,439 | +134% |
| Profit (loss) for the period | 9904 | €19,248 | €43,543 | +€24,295 | +126% |
| Profit (loss) for the period to be appropriated | 9905 | €19,248 | €43,543 | +€24,295 | +126% |
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 15 October 2026 via checked.be.