ULUWATU: 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.
ULUWATU
Largest movements
- Receivables within one year -€24,735
down €24,735 (-54.7%), from €45,196 to €20,461
of which Trade receivables: -€20,758
- Tangible fixed assets -€3,332
down €3,332 (-16.1%), from €20,662 to €17,331
of which Plant, machinery and equipment: -€2,619
- Cash +€3,220
up €3,220 (+8,475%), from €38 to €3,258
mainly Receivables within one year (+€24,735) and Other debts (+€14,113)
- Profit (loss) carried forward -€26,008
down €26,008 (-190%), from -€13,679 to -€39,686
- Tax, wage and social debts -€14,748
down €14,748 (-38.2%), from €38,571 to €23,823
of which Taxes: -€10,742
- Other debts +€14,113
new in 2025: €14,113
- Trade debts +€2,461
up €2,461 (+12.4%), from €19,907 to €22,368
- Short-term financial debts -€666
no longer reported in 2025 (was €666)
- Gross operating margin -€27,007
down €27,007 (-27.3%), from €99,032 to €72,025
- Taxes +€2,221
up €2,221 (+130%), from €1,715 to €3,936
- Depreciation -€2,204
down €2,204 (-39.8%), from €5,536 to €3,332
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 | €65,926 | €41,079 | -€24,847 | -37.7% |
| Fixed assets | 21/28 | €20,692 | €17,361 | -€3,332 | -16.1% |
| Tangible fixed assets | 22/27 | €20,662 | €17,331 | -€3,332 | -16.1% |
| Land and buildings | 22 | €3,078 | €2,430 | -€648 | -21.1% |
| Plant, machinery and equipment | 23 | €17,520 | €14,901 | -€2,619 | -14.9% |
| Furniture and vehicles | 24 | €65 | - | -€65 | |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €45,234 | €23,718 | -€21,515 | -47.6% |
| Amounts receivable within one year | 40/41 | €45,196 | €20,461 | -€24,735 | -54.7% |
| Trade receivables | 40 | €37,718 | €16,961 | -€20,758 | -55.0% |
| Other amounts receivable | 41 | €7,477 | €3,500 | -€3,977 | -53.2% |
| Cash at bank and in hand | 54/58 | €38 | €3,258 | +€3,220 | +8,475% |
| Total equity and liabilities | 10/49 | €65,926 | €41,079 | -€24,847 | -37.7% |
| Equity | 10/15 | €6,781 | -€19,226 | -€26,008 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,679 | -€39,686 | -€26,008 | -190% |
| Amounts payable | 17/49 | €59,145 | €60,305 | +€1,161 | +2.0% |
| Amounts payable within one year | 42/48 | €59,145 | €60,305 | +€1,161 | +2.0% |
| Financial debts | 43 | €666 | - | -€666 | |
| Credit institutions | 430/8 | €666 | - | -€666 | |
| Trade debts | 44 | €19,907 | €22,368 | +€2,461 | +12.4% |
| Suppliers | 440/4 | €19,907 | €22,368 | +€2,461 | +12.4% |
| Taxes, remuneration and social security | 45 | €38,571 | €23,823 | -€14,748 | -38.2% |
| Taxes | 450/3 | €16,677 | €5,934 | -€10,742 | -64.4% |
| Remuneration and social security | 454/9 | €21,894 | €17,889 | -€4,005 | -18.3% |
| Other amounts payable | 47/48 | - | €14,113 | +€14,113 | |
| Remuneration, social security and pensions | 62 | €88,675 | €89,662 | +€986 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,536 | €3,332 | -€2,204 | -39.8% |
| Other operating charges | 640/8 | €690 | €623 | -€66 | -9.6% |
| Gross operating margin | 9900 | €99,032 | €72,025 | -€27,007 | -27.3% |
| Operating profit (loss) | 9901 | €4,131 | -€21,592 | -€25,723 | |
| Financial income | 75/76B | €475 | €127 | -€349 | -73.3% |
| Recurring financial income | 75 | €475 | €127 | -€349 | -73.3% |
| Financial charges | 65/66B | €517 | €607 | +€90 | +17.3% |
| Recurring financial charges | 65 | €517 | €607 | +€90 | +17.3% |
| Profit (loss) for the period before taxes | 9903 | €4,089 | -€22,072 | -€26,161 | |
| Income taxes | 67/77 | €1,715 | €3,936 | +€2,221 | +130% |
| Profit (loss) for the period | 9904 | €2,375 | -€26,008 | -€28,382 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,375 | -€26,008 | -€28,382 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.