ULYATHE: what changed
Two fiscal 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.
ULYATHE
Largest movements
- Receivables within one year +€5,184
up €5,184 (+120.7%), from €4,293 to €9,477
of which Other amounts receivable: +€3,232
- Cash -€4,926
down €4,926 (-20.8%), from €23,730 to €18,805
mainly Contributions, distributions and other (-€25,700) and Receivables within one year (-€5,184)
- Tangible fixed assets -€2,315
down €2,315 (-84.4%), from €2,743 to €428
- Deferred charges and accrued income -€818
down €818 (-31.7%), from €2,582 to €1,764
- Profit (loss) carried forward -€15,743
down €15,743 (-99.8%), from €15,780 to €37
- Other debts +€12,355
new in 2025: €12,355
- Trade debts +€632
up €632 (+18.8%), from €3,361 to €3,993
- Gross operating margin -€6,695
down €6,695 (-26.2%), from €25,551 to €18,856
- Taxes -€835
down €835 (-15.7%), from €5,308 to €4,473
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 | €33,349 | €30,474 | -€2,875 | -8.6% |
| Fixed assets | 21/28 | €2,743 | €428 | -€2,315 | -84.4% |
| Tangible fixed assets | 22/27 | €2,743 | €428 | -€2,315 | -84.4% |
| Furniture and vehicles | 24 | €2,743 | €428 | -€2,315 | -84.4% |
| Current assets | 29/58 | €30,606 | €30,046 | -€560 | -1.8% |
| Amounts receivable within one year | 40/41 | €4,293 | €9,477 | +€5,184 | +120.7% |
| Trade receivables | 40 | €2,141 | €4,093 | +€1,952 | +91.2% |
| Other amounts receivable | 41 | €2,153 | €5,385 | +€3,232 | +150.1% |
| Cash at bank and in hand | 54/58 | €23,730 | €18,805 | -€4,926 | -20.8% |
| Deferred charges and accrued income | 490/1 | €2,582 | €1,764 | -€818 | -31.7% |
| Total equity and liabilities | 10/49 | €33,349 | €30,474 | -€2,875 | -8.6% |
| Equity | 10/15 | €25,180 | €9,437 | -€15,743 | -62.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €8,400 | €8,400 | = | 0.0% |
| Distributable reserves | 133 | €8,400 | €8,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,780 | €37 | -€15,743 | -99.8% |
| Amounts payable | 17/49 | €8,169 | €21,037 | +€12,868 | +157.5% |
| Amounts payable within one year | 42/48 | €8,169 | €21,037 | +€12,868 | +157.5% |
| Trade debts | 44 | €3,361 | €3,993 | +€632 | +18.8% |
| Suppliers | 440/4 | €3,361 | €3,993 | +€632 | +18.8% |
| Taxes, remuneration and social security | 45 | €4,808 | €4,689 | -€119 | -2.5% |
| Taxes | 450/3 | €4,808 | €4,689 | -€119 | -2.5% |
| Other amounts payable | 47/48 | - | €12,355 | +€12,355 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,237 | €2,237 | = | 0.0% |
| Other operating charges | 640/8 | €775 | €781 | +€5 | +0.7% |
| Non-recurring operating charges | 66A | - | €78 | +€78 | |
| Gross operating margin | 9900 | €25,551 | €18,856 | -€6,695 | -26.2% |
| Operating profit (loss) | 9901 | €22,539 | €15,760 | -€6,779 | -30.1% |
| Financial charges | 65/66B | €1,478 | €1,330 | -€147 | -10.0% |
| Recurring financial charges | 65 | €1,478 | €1,330 | -€147 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €21,061 | €14,430 | -€6,632 | -31.5% |
| Income taxes | 67/77 | €5,308 | €4,473 | -€835 | -15.7% |
| Profit (loss) for the period | 9904 | €15,753 | €9,957 | -€5,796 | -36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,753 | €9,957 | -€5,796 | -36.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.