ULYSSE 71: 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.
ULYSSE 71
Largest movements
- Cash +€8,199
up €8,199 (+29.5%), from €27,795 to €35,994
mainly Net result for the year (+€23,630) and Depreciation (+€15,148)
- Tangible fixed assets -€6,683
down €6,683 (-61.3%), from €10,906 to €4,223
of which Leasing and similar rights: -€7,531
- Intangible fixed assets -€6,276
down €6,276 (-18.8%), from €33,445 to €27,169
- Receivables within one year +€5,556
up €5,556 (+45.5%), from €12,203 to €17,759
of which Other amounts receivable: +€5,190
- Tax, wage and social debts +€4,878
up €4,878 (+22.8%), from €21,402 to €26,280
of which Taxes: +€5,927
- Trade debts -€3,206
down €3,206 (-75.8%), from €4,232 to €1,025
- Other debts +€2,702
up €2,702 (+326%), from €828 to €3,529
- Current portion of long-term debt -€2,594
down €2,594 (-25.5%), from €10,178 to €7,584
- Debts after one year -€1,084
no longer reported in 2025 (was €1,084)
- Gross operating margin +€12,181
up €12,181 (+23.3%), from €52,224 to €64,405
- Taxes +€10,192
up €10,192 (+89.8%), from €11,348 to €21,540
- Other operating charges -€1,062
down €1,062 (-63.8%), from €1,665 to €604
- Depreciation -€857
down €857 (-5.4%), from €16,005 to €15,148
- Financial charges -€645
down €645 (-15.2%), from €4,248 to €3,604
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 | €85,319 | €86,115 | +€796 | +0.9% |
| Fixed assets | 21/28 | €44,351 | €31,392 | -€12,959 | -29.2% |
| Intangible fixed assets | 21 | €33,445 | €27,169 | -€6,276 | -18.8% |
| Tangible fixed assets | 22/27 | €10,906 | €4,223 | -€6,683 | -61.3% |
| Plant, machinery and equipment | 23 | €2,601 | €1,929 | -€671 | -25.8% |
| Furniture and vehicles | 24 | €258 | €1,778 | +€1,519 | +588% |
| Leasing and similar rights | 25 | €8,047 | €516 | -€7,531 | -93.6% |
| Current assets | 29/58 | €40,968 | €54,723 | +€13,755 | +33.6% |
| Amounts receivable within one year | 40/41 | €12,203 | €17,759 | +€5,556 | +45.5% |
| Trade receivables | 40 | €12,203 | €12,569 | +€366 | +3.0% |
| Other amounts receivable | 41 | - | €5,190 | +€5,190 | |
| Cash at bank and in hand | 54/58 | €27,795 | €35,994 | +€8,199 | +29.5% |
| Deferred charges and accrued income | 490/1 | €970 | €970 | = | 0.0% |
| Total equity and liabilities | 10/49 | €85,319 | €86,115 | +€796 | +0.9% |
| Equity | 10/15 | €29,850 | €29,950 | +€100 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €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 | €9,390 | €9,490 | +€100 | +1.1% |
| Provisions and deferred taxes | 16 | €17,746 | €17,746 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €17,746 | €17,746 | = | 0.0% |
| Environmental obligations | 163 | €17,746 | €17,746 | = | 0.0% |
| Amounts payable | 17/49 | €37,723 | €38,419 | +€695 | +1.8% |
| Amounts payable after more than one year | 17 | €1,084 | - | -€1,084 | |
| Financial debts | 170/4 | €1,084 | - | -€1,084 | |
| Amounts payable within one year | 42/48 | €36,639 | €38,419 | +€1,779 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €10,178 | €7,584 | -€2,594 | -25.5% |
| Trade debts | 44 | €4,232 | €1,025 | -€3,206 | -75.8% |
| Suppliers | 440/4 | €4,232 | €1,025 | -€3,206 | -75.8% |
| Taxes, remuneration and social security | 45 | €21,402 | €26,280 | +€4,878 | +22.8% |
| Taxes | 450/3 | €20,353 | €26,280 | +€5,927 | +29.1% |
| Remuneration and social security | 454/9 | €1,049 | - | -€1,049 | |
| Other amounts payable | 47/48 | €828 | €3,529 | +€2,702 | +326% |
| Non-recurring operating income | 76A | €22,952 | - | -€22,952 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,005 | €15,148 | -€857 | -5.4% |
| Other operating charges | 640/8 | €1,665 | €604 | -€1,062 | -63.8% |
| Gross operating margin | 9900 | €52,224 | €64,405 | +€12,181 | +23.3% |
| Operating profit (loss) | 9901 | €34,553 | €48,653 | +€14,100 | +40.8% |
| Financial income | 75/76B | €0 | €121 | +€121 | +1,208,600% |
| Recurring financial income | 75 | €0 | €121 | +€121 | +1,208,600% |
| Financial charges | 65/66B | €4,248 | €3,604 | -€645 | -15.2% |
| Recurring financial charges | 65 | €4,248 | €3,604 | -€645 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €30,305 | €45,170 | +€14,865 | +49.1% |
| Income taxes | 67/77 | €11,348 | €21,540 | +€10,192 | +89.8% |
| Profit (loss) for the period | 9904 | €18,957 | €23,630 | +€4,673 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,957 | €23,630 | +€4,673 | +24.7% |
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 18 October 2026 via checked.be.