ULVENHOUT: 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.
ULVENHOUT
Largest movements
- Cash +€6,248
up €6,248 (+10.7%), from €58,556 to €64,805
mainly Net result for the year (+€5,139) and Trade debts (+€2,172)
- Receivables within one year +€2,882
up €2,882 (+49.7%), from €5,793 to €8,674
- Profit (loss) carried forward +€4,816
up €4,816 (+8.2%), from €59,059 to €63,875
- Trade debts +€2,172
up €2,172 (+20.8%), from €10,456 to €12,628
- Tax, wage and social debts +€1,819
up €1,819 (+42.2%), from €4,307 to €6,126
- Staff costs -€57,040
no longer reported in 2025 (was €57,040)
- Gross operating margin -€55,003
down €55,003 (-87.8%), from €62,657 to €7,654
- Taxes +€1,279
up €1,279 (+432%), from €296 to €1,576
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 | €107,149 | €116,279 | +€9,130 | +8.5% |
| Fixed assets | 21/28 | €42,800 | €42,800 | = | 0.0% |
| Tangible fixed assets | 22/27 | €42,800 | €42,800 | = | 0.0% |
| Land and buildings | 22 | €42,800 | €42,800 | = | 0.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Current assets | 29/58 | €64,349 | €73,479 | +€9,130 | +14.2% |
| Amounts receivable within one year | 40/41 | €5,793 | €8,674 | +€2,882 | +49.7% |
| Trade receivables | 40 | €5,793 | €8,674 | +€2,882 | +49.7% |
| Cash at bank and in hand | 54/58 | €58,556 | €64,805 | +€6,248 | +10.7% |
| Total equity and liabilities | 10/49 | €107,149 | €116,279 | +€9,130 | +8.5% |
| Equity | 10/15 | €67,400 | €72,539 | +€5,139 | +7.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,141 | €2,464 | +€323 | +15.1% |
| Non-distributable reserves | 130/1 | €1,850 | €1,850 | = | 0.0% |
| Other | 1319 | €1,850 | €1,850 | = | 0.0% |
| Tax-exempt reserves | 132 | €291 | €614 | +€323 | +111% |
| Profit (loss) carried forward | 14 | €59,059 | €63,875 | +€4,816 | +8.2% |
| Amounts payable | 17/49 | €39,749 | €43,740 | +€3,991 | +10.0% |
| Amounts payable within one year | 42/48 | €39,749 | €43,740 | +€3,991 | +10.0% |
| Trade debts | 44 | €10,456 | €12,628 | +€2,172 | +20.8% |
| Suppliers | 440/4 | €10,456 | €12,628 | +€2,172 | +20.8% |
| Advances received on contracts in progress | 46 | €4,272 | €4,272 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,307 | €6,126 | +€1,819 | +42.2% |
| Taxes | 450/3 | €4,307 | €6,126 | +€1,819 | +42.2% |
| Other amounts payable | 47/48 | €20,714 | €20,714 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €57,040 | - | -€57,040 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €966 | €928 | -€37 | -3.9% |
| Gross operating margin | 9900 | €62,657 | €7,654 | -€55,003 | -87.8% |
| Operating profit (loss) | 9901 | €4,651 | €6,726 | +€2,075 | +44.6% |
| Financial charges | 65/66B | €45 | €11 | -€33 | -74.7% |
| Recurring financial charges | 65 | €45 | €11 | -€33 | -74.7% |
| Profit (loss) for the period before taxes | 9903 | €4,606 | €6,715 | +€2,108 | +45.8% |
| Income taxes | 67/77 | €296 | €1,576 | +€1,279 | +432% |
| Profit (loss) for the period | 9904 | €4,310 | €5,139 | +€829 | +19.2% |
| Transfer to tax-exempt reserves | 689 | €291 | €323 | +€31 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,019 | €4,816 | +€798 | +19.9% |
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 19 October 2026 via checked.be.