Up Ballooning: 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.
Up Ballooning
Largest movements
- Tangible fixed assets -€27,374
down €27,374 (-32.6%), from €84,045 to €56,671
of which Plant, machinery and equipment: -€16,384
- Receivables within one year -€7,747
down €7,747 (-66.3%), from €11,677 to €3,931
of which Trade receivables: -€10,678
- Other debts -€40,568
down €40,568 (-42.4%), from €95,620 to €55,052
- Reserves +€5,963
up €5,963 (+10.0%), from €59,338 to €65,302
- Gross operating margin -€14,036
down €14,036 (-24.6%), from €57,168 to €43,132
- Other operating charges -€3,717
down €3,717 (-78.1%), from €4,760 to €1,043
- Taxes -€3,591
down €3,591 (-51.0%), from €7,036 to €3,445
- Depreciation +€970
up €970 (+3.6%), from €27,318 to €28,288
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 | €174,739 | €138,299 | -€36,440 | -20.9% |
| Fixed assets | 21/28 | €85,648 | €57,360 | -€28,288 | -33.0% |
| Intangible fixed assets | 21 | €1,603 | €689 | -€914 | -57.0% |
| Tangible fixed assets | 22/27 | €84,045 | €56,671 | -€27,374 | -32.6% |
| Plant, machinery and equipment | 23 | €56,184 | €39,800 | -€16,384 | -29.2% |
| Furniture and vehicles | 24 | €27,861 | €16,871 | -€10,990 | -39.4% |
| Current assets | 29/58 | €89,091 | €80,939 | -€8,152 | -9.2% |
| Amounts receivable within one year | 40/41 | €11,677 | €3,931 | -€7,747 | -66.3% |
| Trade receivables | 40 | €11,054 | €375 | -€10,678 | -96.6% |
| Other amounts receivable | 41 | €624 | €3,555 | +€2,931 | +470% |
| Cash at bank and in hand | 54/58 | €71,176 | €70,636 | -€539 | -0.8% |
| Deferred charges and accrued income | 490/1 | €6,238 | €6,372 | +€134 | +2.2% |
| Total equity and liabilities | 10/49 | €174,739 | €138,299 | -€36,440 | -20.9% |
| Equity | 10/15 | €63,338 | €69,302 | +€5,963 | +9.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €59,338 | €65,302 | +€5,963 | +10.0% |
| Distributable reserves | 133 | €59,338 | €65,302 | +€5,963 | +10.0% |
| Amounts payable | 17/49 | €111,400 | €68,997 | -€42,403 | -38.1% |
| Amounts payable within one year | 42/48 | €101,641 | €59,759 | -€41,881 | -41.2% |
| Trade debts | 44 | €4,722 | €4,510 | -€212 | -4.5% |
| Suppliers | 440/4 | €4,722 | €4,510 | -€212 | -4.5% |
| Taxes, remuneration and social security | 45 | €1,299 | €198 | -€1,101 | -84.8% |
| Taxes | 450/3 | €1,299 | €198 | -€1,101 | -84.8% |
| Other amounts payable | 47/48 | €95,620 | €55,052 | -€40,568 | -42.4% |
| Accrued charges and deferred income | 492/3 | €9,760 | €9,238 | -€522 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,318 | €28,288 | +€970 | +3.6% |
| Other operating charges | 640/8 | €4,760 | €1,043 | -€3,717 | -78.1% |
| Gross operating margin | 9900 | €57,168 | €43,132 | -€14,036 | -24.6% |
| Operating profit (loss) | 9901 | €25,089 | €13,801 | -€11,288 | -45.0% |
| Financial income | 75/76B | €10 | €4 | -€6 | -58.4% |
| Recurring financial income | 75 | €10 | €4 | -€6 | -58.4% |
| Financial charges | 65/66B | €3,990 | €4,397 | +€407 | +10.2% |
| Recurring financial charges | 65 | €3,990 | €4,397 | +€407 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €21,109 | €9,408 | -€11,701 | -55.4% |
| Income taxes | 67/77 | €7,036 | €3,445 | -€3,591 | -51.0% |
| Profit (loss) for the period | 9904 | €14,073 | €5,963 | -€8,110 | -57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,073 | €5,963 | -€8,110 | -57.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.