UP & COMING: 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 & COMING
Largest movements
- Receivables within one year -€82,144
down €82,144 (-8.1%), from €1.0m to €928,951
of which Trade receivables: -€118,585
- Tangible fixed assets -€20,554
down €20,554 (-4.1%), from €505,368 to €484,814
- Other debts -€54,071
down €54,071 (-14.2%), from €380,676 to €326,606
- Reserves -€44,455
down €44,455 (-9.0%), from €492,503 to €448,048
of which Distributable reserves: -€42,114
- Debts after one year -€31,768
down €31,768 (-12.0%), from €263,807 to €232,039
- Tax, wage and social debts +€27,837
up €27,837 (+29.4%), from €94,824 to €122,661
- Gross operating margin +€16,341
up €16,341 (+23.5%), from €69,651 to €85,992
- Taxes +€7,768
up €7,768 (+36.4%), from €21,317 to €29,085
- Financial income +€6,420
up €6,420 (+27.8%), from €23,107 to €29,526
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 | €1,551,424 | €1,448,733 | -€102,691 | -6.6% |
| Fixed assets | 21/28 | €505,893 | €485,339 | -€20,554 | -4.1% |
| Tangible fixed assets | 22/27 | €505,368 | €484,814 | -€20,554 | -4.1% |
| Land and buildings | 22 | €505,368 | €484,814 | -€20,554 | -4.1% |
| Financial fixed assets | 28 | €525 | €525 | = | 0.0% |
| Current assets | 29/58 | €1,045,531 | €963,394 | -€82,137 | -7.9% |
| Amounts receivable within one year | 40/41 | €1,011,095 | €928,951 | -€82,144 | -8.1% |
| Trade receivables | 40 | €540,601 | €422,016 | -€118,585 | -21.9% |
| Other amounts receivable | 41 | €470,494 | €506,935 | +€36,442 | +7.7% |
| Cash at bank and in hand | 54/58 | €34,436 | €31,763 | -€2,673 | -7.8% |
| Deferred charges and accrued income | 490/1 | - | €2,680 | +€2,680 | |
| Total equity and liabilities | 10/49 | €1,551,424 | €1,448,733 | -€102,691 | -6.6% |
| Equity | 10/15 | €745,415 | €700,959 | -€44,455 | -6.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €492,503 | €448,048 | -€44,455 | -9.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €55,424 | €53,083 | -€2,341 | -4.2% |
| Distributable reserves | 133 | €435,219 | €393,105 | -€42,114 | -9.7% |
| Profit (loss) carried forward | 14 | €246,711 | €246,711 | = | 0.0% |
| Provisions and deferred taxes | 16 | €25,717 | €24,511 | -€1,205 | -4.7% |
| Deferred taxes | 168 | €25,717 | €24,511 | -€1,205 | -4.7% |
| Amounts payable | 17/49 | €780,293 | €723,263 | -€57,030 | -7.3% |
| Amounts payable after more than one year | 17 | €263,807 | €232,039 | -€31,768 | -12.0% |
| Financial debts | 170/4 | €263,807 | €232,039 | -€31,768 | -12.0% |
| Amounts payable within one year | 42/48 | €516,486 | €490,617 | -€25,869 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €31,119 | €33,173 | +€2,054 | +6.6% |
| Trade debts | 44 | €9,868 | €8,178 | -€1,690 | -17.1% |
| Suppliers | 440/4 | €9,868 | €8,178 | -€1,690 | -17.1% |
| Taxes, remuneration and social security | 45 | €94,824 | €122,661 | +€27,837 | +29.4% |
| Taxes | 450/3 | €94,824 | €122,661 | +€27,837 | +29.4% |
| Other amounts payable | 47/48 | €380,676 | €326,606 | -€54,071 | -14.2% |
| Accrued charges and deferred income | 492/3 | - | €607 | +€607 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,756 | €23,365 | -€391 | -1.6% |
| Other operating charges | 640/8 | €3,838 | €3,913 | +€75 | +1.9% |
| Gross operating margin | 9900 | €69,651 | €85,992 | +€16,341 | +23.5% |
| Operating profit (loss) | 9901 | €42,057 | €58,714 | +€16,657 | +39.6% |
| Financial income | 75/76B | €23,107 | €29,526 | +€6,420 | +27.8% |
| Recurring financial income | 75 | €23,107 | €29,526 | +€6,420 | +27.8% |
| Financial charges | 65/66B | €13,385 | €12,747 | -€639 | -4.8% |
| Recurring financial charges | 65 | €13,385 | €12,747 | -€639 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €51,778 | €75,493 | +€23,716 | +45.8% |
| Transfer from deferred taxes | 780 | €1,205 | €1,205 | = | 0.0% |
| Income taxes | 67/77 | €21,317 | €29,085 | +€7,768 | +36.4% |
| Profit (loss) for the period | 9904 | €31,666 | €47,613 | +€15,947 | +50.4% |
| Transfer from tax-exempt reserves | 789 | €2,341 | €2,341 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,007 | €49,955 | +€15,947 | +46.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.