UP 36: 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.
UP 36
Largest movements
- Cash +€753,536
up €753,536 (+139.7%), from €539,375 to €1.3m
mainly Other debts (+€847,743) and Depreciation (+€736,721)
- Receivables within one year +€683,504
up €683,504 (+1527.4%), from €44,749 to €728,253
- Tangible fixed assets -€459,708
down €459,708 (-2.6%), from €17.6m to €17.1m
of which Land and buildings: -€459,708
- Other debts +€847,743
up €847,743 (+447.6%), from €189,379 to €1.0m
- Turnover +€60,477
up €60,477 (+5.0%), from €1.2m to €1.3m
- Services and other goods -€59,494
down €59,494 (-32.7%), from €181,831 to €122,337
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 | €18,464,904 | €19,304,382 | +€839,478 | +4.5% |
| Fixed assets | 21/28 | €17,558,865 | €17,099,157 | -€459,708 | -2.6% |
| Tangible fixed assets | 22/27 | €17,558,865 | €17,099,157 | -€459,708 | -2.6% |
| Land and buildings | 22 | €17,495,396 | €17,035,688 | -€459,708 | -2.6% |
| Other tangible fixed assets | 26 | €63,469 | €63,469 | = | 0.0% |
| Current assets | 29/58 | €906,039 | €2,205,225 | +€1.3m | +143.4% |
| Amounts receivable within one year | 40/41 | €44,749 | €728,253 | +€683,504 | +1527.4% |
| Other amounts receivable | 41 | €44,749 | €728,253 | +€683,504 | +1527.4% |
| Cash at bank and in hand | 54/58 | €539,375 | €1,292,911 | +€753,536 | +139.7% |
| Deferred charges and accrued income | 490/1 | €321,915 | €184,061 | -€137,854 | -42.8% |
| Total equity and liabilities | 10/49 | €18,464,904 | €19,304,382 | +€839,478 | +4.5% |
| Equity | 10/15 | €18,267,260 | €18,267,260 | = | 0.0% |
| Contributions | 10/11 | €13,568,572 | €13,568,572 | = | 0.0% |
| Capital | 10 | €13,568,572 | €13,568,572 | = | 0.0% |
| Issued capital | 100 | €13,568,572 | €13,568,572 | = | 0.0% |
| Reserves | 13 | €1,356,857 | €1,356,857 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,356,857 | €1,356,857 | = | 0.0% |
| Legal reserve | 130 | €1,356,857 | €1,356,857 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,341,831 | €3,341,831 | = | 0.0% |
| Amounts payable | 17/49 | €197,644 | €1,037,122 | +€839,478 | +424.7% |
| Amounts payable within one year | 42/48 | €197,644 | €1,037,122 | +€839,478 | +424.7% |
| Trade debts | 44 | €8,265 | - | -€8,265 | |
| Suppliers | 440/4 | €8,265 | - | -€8,265 | |
| Other amounts payable | 47/48 | €189,379 | €1,037,122 | +€847,743 | +447.6% |
| Operating income | 70/76A | €1,207,182 | €1,267,659 | +€60,477 | +5.0% |
| Turnover | 70 | €1,207,182 | €1,267,659 | +€60,477 | +5.0% |
| Operating charges | 60/66A | €907,759 | €859,058 | -€48,701 | -5.4% |
| Services and other goods | 61 | €181,831 | €122,337 | -€59,494 | -32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €725,928 | €736,721 | +€10,793 | +1.5% |
| Operating profit (loss) | 9901 | €299,423 | €408,601 | +€109,178 | +36.5% |
| Financial income | 75/76B | €3,041 | - | -€3,041 | |
| Recurring financial income | 75 | €3,041 | - | -€3,041 | |
| Income from financial fixed assets | 750 | €3,041 | - | -€3,041 | |
| Financial charges | 65/66B | €1,259 | €565 | -€694 | -55.1% |
| Recurring financial charges | 65 | €1,259 | €565 | -€694 | -55.1% |
| Other financial charges | 652/9 | €1,259 | €565 | -€694 | -55.1% |
| Profit (loss) for the period before taxes | 9903 | €301,205 | €408,036 | +€106,831 | +35.5% |
| Income taxes | 67/77 | €87,100 | €90,928 | +€3,828 | +4.4% |
| Taxes | 670/3 | €87,100 | €102,009 | +€14,909 | +17.1% |
| Tax adjustments and reversals of tax provisions | 77 | - | €11,081 | +€11,081 | |
| Profit (loss) for the period | 9904 | €214,105 | €317,108 | +€103,003 | +48.1% |
| Profit (loss) for the period to be appropriated | 9905 | €214,105 | €317,108 | +€103,003 | +48.1% |
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 5 October 2026 via checked.be.