ULX COMPANY: what changed
ULX COMPANY
Largest movements
- Receivables within one year +€18,741
up €18,741 (+25.2%), from €74,332 to €93,073
of which Other amounts receivable: +€11,340
- Tangible fixed assets -€6,849
down €6,849 (-23.4%), from €29,314 to €22,465
of which Furniture and vehicles: -€6,040
- Profit (loss) carried forward +€21,538
up €21,538 (+42.3%), from €50,954 to €72,492
- Debts after one year -€6,780
down €6,780 (-24.7%), from €27,500 to €20,720
- Tax, wage and social debts -€5,772
down €5,772 (-33.4%), from €17,262 to €11,490
of which Taxes: -€4,711
- Trade debts +€2,906
up €2,906 (+165%), from €1,760 to €4,666
- Gross operating margin +€17,400
up €17,400 (+92.8%), from €18,749 to €36,149
- Depreciation +€6,849
new in 2025: €6,849
- Staff costs +€1,902
new in 2025: €1,902
- Other operating charges -€788
down €788 (-49.0%), from €1,608 to €820
- Taxes +€755
up €755 (+17.6%), from €4,285 to €5,040
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,676 | €115,568 | +€11,892 | +11.5% |
| Fixed assets | 21/28 | €29,344 | €22,495 | -€6,849 | -23.3% |
| Tangible fixed assets | 22/27 | €29,314 | €22,465 | -€6,849 | -23.4% |
| Plant, machinery and equipment | 23 | €5,154 | €4,345 | -€809 | -15.7% |
| Furniture and vehicles | 24 | €24,160 | €18,120 | -€6,040 | -25.0% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €74,332 | €93,073 | +€18,741 | +25.2% |
| Amounts receivable within one year | 40/41 | €74,332 | €93,073 | +€18,741 | +25.2% |
| Trade receivables | 40 | €74,332 | €81,733 | +€7,401 | +10.0% |
| Other amounts receivable | 41 | - | €11,340 | +€11,340 | |
| Total equity and liabilities | 10/49 | €103,676 | €115,568 | +€11,892 | +11.5% |
| Equity | 10/15 | €57,154 | €78,692 | +€21,538 | +37.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,954 | €72,492 | +€21,538 | +42.3% |
| Amounts payable | 17/49 | €46,522 | €36,876 | -€9,646 | -20.7% |
| Amounts payable after more than one year | 17 | €27,500 | €20,720 | -€6,780 | -24.7% |
| Financial debts | 170/4 | €27,500 | €20,720 | -€6,780 | -24.7% |
| Amounts payable within one year | 42/48 | €19,022 | €16,156 | -€2,866 | -15.1% |
| Trade debts | 44 | €1,760 | €4,666 | +€2,906 | +165% |
| Suppliers | 440/4 | €1,760 | €4,666 | +€2,906 | +165% |
| Taxes, remuneration and social security | 45 | €17,262 | €11,490 | -€5,772 | -33.4% |
| Taxes | 450/3 | €12,295 | €7,584 | -€4,711 | -38.3% |
| Remuneration and social security | 454/9 | €4,967 | €3,906 | -€1,061 | -21.4% |
| Remuneration, social security and pensions | 62 | - | €1,902 | +€1,902 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,849 | +€6,849 | |
| Other operating charges | 640/8 | €1,608 | €820 | -€788 | -49.0% |
| Gross operating margin | 9900 | €18,749 | €36,149 | +€17,400 | +92.8% |
| Operating profit (loss) | 9901 | €17,141 | €26,578 | +€9,437 | +55.1% |
| Profit (loss) for the period before taxes | 9903 | €17,141 | €26,578 | +€9,437 | +55.1% |
| Income taxes | 67/77 | €4,285 | €5,040 | +€755 | +17.6% |
| Profit (loss) for the period | 9904 | €12,856 | €21,538 | +€8,682 | +67.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,856 | €21,538 | +€8,682 | +67.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.