ULYSSIMMO: 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.
ULYSSIMMO
Largest movements
- Tangible fixed assets -€14,028
down €14,028 (-5.1%), from €277,234 to €263,206
of which Land and buildings: -€9,890
- Cash -€5,211
down €5,211 (-11.6%), from €45,062 to €39,852
mainly Debts after one year (-€22,715) and Trade debts (-€336)
- Debts after one year -€22,715
down €22,715 (-37.9%), from €59,879 to €37,164
- Gross operating margin +€2,151
up €2,151 (+9.8%), from €21,879 to €24,030
- Depreciation +€1,491
up €1,491 (+11.9%), from €12,537 to €14,028
- Financial charges -€665
down €665 (-20.7%), from €3,214 to €2,548
- Taxes +€278
up €278 (+31.4%), from €884 to €1,163
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 | €322,296 | €303,058 | -€19,239 | -6.0% |
| Fixed assets | 21/28 | €277,234 | €263,206 | -€14,028 | -5.1% |
| Tangible fixed assets | 22/27 | €277,234 | €263,206 | -€14,028 | -5.1% |
| Land and buildings | 22 | €255,041 | €245,151 | -€9,890 | -3.9% |
| Plant, machinery and equipment | 23 | €22,193 | €18,055 | -€4,138 | -18.6% |
| Current assets | 29/58 | €45,062 | €39,852 | -€5,211 | -11.6% |
| Cash at bank and in hand | 54/58 | €45,062 | €39,852 | -€5,211 | -11.6% |
| Total equity and liabilities | 10/49 | €322,296 | €303,058 | -€19,239 | -6.0% |
| Equity | 10/15 | €223,195 | €226,401 | +€3,206 | +1.4% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €331 | €331 | = | 0.0% |
| Distributable reserves | 133 | €331 | €331 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,863 | €26,069 | +€3,206 | +14.0% |
| Amounts payable | 17/49 | €99,102 | €76,657 | -€22,444 | -22.6% |
| Amounts payable after more than one year | 17 | €59,879 | €37,164 | -€22,715 | -37.9% |
| Financial debts | 170/4 | €59,879 | €37,164 | -€22,715 | -37.9% |
| Amounts payable within one year | 42/48 | €39,223 | €39,494 | +€271 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €22,715 | €22,715 | = | 0.0% |
| Trade debts | 44 | €3,809 | €3,473 | -€336 | -8.8% |
| Suppliers | 440/4 | €3,809 | €3,473 | -€336 | -8.8% |
| Taxes, remuneration and social security | 45 | €1,325 | €1,933 | +€607 | +45.8% |
| Taxes | 450/3 | €1,325 | €1,933 | +€607 | +45.8% |
| Other amounts payable | 47/48 | €11,373 | €11,373 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,537 | €14,028 | +€1,491 | +11.9% |
| Other operating charges | 640/8 | €3,083 | €3,243 | +€160 | +5.2% |
| Gross operating margin | 9900 | €21,879 | €24,030 | +€2,151 | +9.8% |
| Operating profit (loss) | 9901 | €6,259 | €6,759 | +€500 | +8.0% |
| Financial income | 75/76B | €223 | €158 | -€64 | -28.9% |
| Recurring financial income | 75 | €223 | €158 | -€64 | -28.9% |
| Financial charges | 65/66B | €3,214 | €2,548 | -€665 | -20.7% |
| Recurring financial charges | 65 | €3,214 | €2,548 | -€665 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €3,268 | €4,368 | +€1,101 | +33.7% |
| Income taxes | 67/77 | €884 | €1,163 | +€278 | +31.4% |
| Profit (loss) for the period | 9904 | €2,383 | €3,206 | +€822 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,383 | €3,206 | +€822 | +34.5% |
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 3 October 2026 via checked.be.