ULYN: 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.
ULYN
Largest movements
- Current investments +€35,975
up €35,975 (+87.6%), from €41,046 to €77,021
- Cash -€30,516
down €30,516 (-96.5%), from €31,622 to €1,106
mainly Current investments (-€35,975) and Investment in fixed assets (net) (-€16,172)
- Financial fixed assets +€14,910
new in 2025: €14,910
- Tangible fixed assets -€7,360
down €7,360 (-14.8%), from €49,615 to €42,256
of which Land and buildings: -€7,865
- Receivables within one year +€2,037
up €2,037 (+19.4%), from €10,489 to €12,526
of which Trade receivables: +€2,505
- Other debts +€12,133
up €12,133 (+47.7%), from €25,458 to €37,592
- Reserves +€7,901
up €7,901 (+30.7%), from €25,707 to €33,608
- Trade debts -€3,208
down €3,208 (-93.4%), from €3,436 to €228
- Tax, wage and social debts -€1,781
down €1,781 (-69.3%), from €2,571 to €790
- Gross operating margin -€19,535
down €19,535 (-52.9%), from €36,958 to €17,423
- Taxes -€1,781
down €1,781 (-69.3%), from €2,571 to €790
- Financial income +€525
up €525 (+623.8%), from €84 to €609
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 | €132,772 | €147,818 | +€15,046 | +11.3% |
| Fixed assets | 21/28 | €49,615 | €57,166 | +€7,551 | +15.2% |
| Tangible fixed assets | 22/27 | €49,615 | €42,256 | -€7,360 | -14.8% |
| Land and buildings | 22 | €47,192 | €39,327 | -€7,865 | -16.7% |
| Furniture and vehicles | 24 | €2,423 | €2,929 | +€506 | +20.9% |
| Financial fixed assets | 28 | - | €14,910 | +€14,910 | |
| Current assets | 29/58 | €83,157 | €90,652 | +€7,495 | +9.0% |
| Amounts receivable within one year | 40/41 | €10,489 | €12,526 | +€2,037 | +19.4% |
| Trade receivables | 40 | €6,833 | €9,338 | +€2,505 | +36.7% |
| Other amounts receivable | 41 | €3,656 | €3,188 | -€468 | -12.8% |
| Current investments | 50/53 | €41,046 | €77,021 | +€35,975 | +87.6% |
| Cash at bank and in hand | 54/58 | €31,622 | €1,106 | -€30,516 | -96.5% |
| Total equity and liabilities | 10/49 | €132,772 | €147,818 | +€15,046 | +11.3% |
| Equity | 10/15 | €101,307 | €109,209 | +€7,901 | +7.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €25,707 | €33,608 | +€7,901 | +30.7% |
| Distributable reserves | 133 | €25,707 | €33,608 | +€7,901 | +30.7% |
| Profit (loss) carried forward | 14 | €55,140 | €55,140 | = | 0.0% |
| Amounts payable | 17/49 | €31,465 | €38,610 | +€7,145 | +22.7% |
| Amounts payable within one year | 42/48 | €31,465 | €38,610 | +€7,145 | +22.7% |
| Trade debts | 44 | €3,436 | €228 | -€3,208 | -93.4% |
| Suppliers | 440/4 | €3,436 | €228 | -€3,208 | -93.4% |
| Taxes, remuneration and social security | 45 | €2,571 | €790 | -€1,781 | -69.3% |
| Taxes | 450/3 | €2,571 | €790 | -€1,781 | -69.3% |
| Other amounts payable | 47/48 | €25,458 | €37,592 | +€12,133 | +47.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,290 | €8,621 | +€332 | +4.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €36,958 | €17,423 | -€19,535 | -52.9% |
| Operating profit (loss) | 9901 | €28,281 | €8,402 | -€19,879 | -70.3% |
| Financial income | 75/76B | €84 | €609 | +€525 | +623.8% |
| Recurring financial income | 75 | €84 | €609 | +€525 | +623.8% |
| Financial charges | 65/66B | €87 | €319 | +€231 | +264.7% |
| Recurring financial charges | 65 | €87 | €319 | +€231 | +264.7% |
| Profit (loss) for the period before taxes | 9903 | €28,278 | €8,692 | -€19,586 | -69.3% |
| Income taxes | 67/77 | €2,571 | €790 | -€1,781 | -69.3% |
| Profit (loss) for the period | 9904 | €25,707 | €7,901 | -€17,805 | -69.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,707 | €7,901 | -€17,805 | -69.3% |
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 11 October 2026 via checked.be.