UP&CIE: 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&CIE
Largest movements
- Receivables within one year -€60,879
down €60,879 (-40.8%), from €149,115 to €88,236
of which Trade receivables: -€61,052
- Tangible fixed assets -€2,109
down €2,109 (-55.0%), from €3,835 to €1,726
of which Furniture and vehicles: -€1,884
- Trade debts -€112,728
down €112,728 (-98.6%), from €114,348 to €1,620
- Other debts +€19,928
up €19,928 (+157.5%), from €12,649 to €32,577
- Tax, wage and social debts +€15,944
up €15,944 (+715.5%), from €2,229 to €18,173
of which Taxes: +€14,980
- Profit (loss) carried forward +€13,541
up €13,541 (+148.5%), from €9,116 to €22,657
- Turnover +€275,068
new in 2025: €275,068
- Purchases and services +€221,818
new in 2025: €221,818
- Taxes -€6,672
down €6,672, from €4,165 to -€2,507
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 | €159,070 | €95,820 | -€63,250 | -39.8% |
| Fixed assets | 21/28 | €5,101 | €2,992 | -€2,109 | -41.3% |
| Tangible fixed assets | 22/27 | €3,835 | €1,726 | -€2,109 | -55.0% |
| Furniture and vehicles | 24 | €3,610 | €1,726 | -€1,884 | -52.2% |
| Other tangible fixed assets | 26 | €225 | - | -€225 | |
| Financial fixed assets | 28 | €1,266 | €1,266 | = | 0.0% |
| Current assets | 29/58 | €153,969 | €92,828 | -€61,141 | -39.7% |
| Amounts receivable within one year | 40/41 | €149,115 | €88,236 | -€60,879 | -40.8% |
| Trade receivables | 40 | €145,035 | €83,983 | -€61,052 | -42.1% |
| Other amounts receivable | 41 | €4,080 | €4,253 | +€172 | +4.2% |
| Cash at bank and in hand | 54/58 | €3,924 | €4,234 | +€310 | +7.9% |
| Deferred charges and accrued income | 490/1 | €930 | €359 | -€572 | -61.4% |
| Total equity and liabilities | 10/49 | €159,070 | €95,820 | -€63,250 | -39.8% |
| Equity | 10/15 | €24,176 | €37,717 | +€13,541 | +56.0% |
| Contributions | 10/11 | €13,200 | €13,200 | = | 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 | €9,116 | €22,657 | +€13,541 | +148.5% |
| Amounts payable | 17/49 | €134,894 | €58,104 | -€76,790 | -56.9% |
| Amounts payable within one year | 42/48 | €134,894 | €58,038 | -€76,856 | -57.0% |
| Financial debts | 43 | €5,669 | €5,669 | = | 0.0% |
| Credit institutions | 430/8 | €5,669 | €5,669 | = | 0.0% |
| Trade debts | 44 | €114,348 | €1,620 | -€112,728 | -98.6% |
| Suppliers | 440/4 | €114,348 | €1,620 | -€112,728 | -98.6% |
| Taxes, remuneration and social security | 45 | €2,229 | €18,173 | +€15,944 | +715.5% |
| Taxes | 450/3 | - | €14,980 | +€14,980 | |
| Remuneration and social security | 454/9 | €2,229 | €3,193 | +€965 | +43.3% |
| Other amounts payable | 47/48 | €12,649 | €32,577 | +€19,928 | +157.5% |
| Accrued charges and deferred income | 492/3 | - | €66 | +€66 | |
| Turnover | 70 | - | €275,068 | +€275,068 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €221,818 | +€221,818 | |
| Remuneration, social security and pensions | 62 | €20,402 | €20,552 | +€149 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,092 | €2,109 | -€984 | -31.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€390 | - | +€390 | |
| Other operating charges | 640/8 | €2,909 | €325 | -€2,585 | -88.8% |
| Gross operating margin | 9900 | €32,798 | €34,250 | +€1,453 | +4.4% |
| Operating profit (loss) | 9901 | €6,783 | €11,265 | +€4,482 | +66.1% |
| Financial income | 75/76B | €44 | €2 | -€43 | -96.6% |
| Recurring financial income | 75 | €44 | €2 | -€43 | -96.6% |
| Financial charges | 65/66B | €604 | €233 | -€372 | -61.5% |
| Recurring financial charges | 65 | €604 | €233 | -€372 | -61.5% |
| Profit (loss) for the period before taxes | 9903 | €6,223 | €11,034 | +€4,811 | +77.3% |
| Income taxes | 67/77 | €4,165 | -€2,507 | -€6,672 | |
| Profit (loss) for the period | 9904 | €2,059 | €13,541 | +€11,482 | +557.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,059 | €13,541 | +€11,482 | +557.8% |
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 7 October 2026 via checked.be.