UP COMMUNICATION: 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 COMMUNICATION
Largest movements
- Receivables within one year -€136,029
down €136,029 (-82.2%), from €165,391 to €29,362
of which Trade receivables: -€131,217
- Tangible fixed assets +€9,345
up €9,345 (+52.3%), from €17,879 to €27,224
of which Furniture and vehicles: +€9,645
- Debts after one year -€105,516
down €105,516 (-95.3%), from €110,773 to €5,257
- Other debts -€14,969
down €14,969 (-60.6%), from €24,690 to €9,721
- Tax, wage and social debts -€10,657
down €10,657 (-44.3%), from €24,076 to €13,419
- Trade debts +€3,146
up €3,146 (+71.2%), from €4,420 to €7,566
- Gross operating margin -€20,310
down €20,310 (-67.0%), from €30,335 to €10,025
- Taxes -€7,341
down €7,341 (-78.9%), from €9,306 to €1,965
- Depreciation +€7,194
up €7,194 (+559%), from €1,287 to €8,481
- Other operating charges -€429
down €429 (-44.0%), from €975 to €546
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 | €312,089 | €185,570 | -€126,519 | -40.5% |
| Fixed assets | 21/28 | €17,879 | €27,224 | +€9,345 | +52.3% |
| Tangible fixed assets | 22/27 | €17,879 | €27,224 | +€9,345 | +52.3% |
| Plant, machinery and equipment | 23 | €439 | €139 | -€300 | -68.4% |
| Furniture and vehicles | 24 | €17,440 | €27,085 | +€9,645 | +55.3% |
| Current assets | 29/58 | €294,211 | €158,347 | -€135,864 | -46.2% |
| Amounts receivable after more than one year | 29 | €105,000 | €105,000 | = | 0.0% |
| Other amounts receivable | 291 | €105,000 | €105,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €165,391 | €29,362 | -€136,029 | -82.2% |
| Trade receivables | 40 | €160,578 | €29,362 | -€131,217 | -81.7% |
| Other amounts receivable | 41 | €4,813 | €0 | -€4,813 | -100% |
| Cash at bank and in hand | 54/58 | €20,776 | €19,190 | -€1,586 | -7.6% |
| Deferred charges and accrued income | 490/1 | €3,044 | €4,795 | +€1,752 | +57.6% |
| Total equity and liabilities | 10/49 | €312,089 | €185,570 | -€126,519 | -40.5% |
| Equity | 10/15 | €141,335 | €142,591 | +€1,257 | +0.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €128,724 | €129,981 | +€1,257 | +1.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €128,724 | €129,981 | +€1,257 | +1.0% |
| Profit (loss) carried forward | 14 | €6,410 | €6,410 | = | 0.0% |
| Amounts payable | 17/49 | €170,755 | €42,979 | -€127,775 | -74.8% |
| Amounts payable after more than one year | 17 | €110,773 | €5,257 | -€105,516 | -95.3% |
| Financial debts | 170/4 | €110,773 | €5,257 | -€105,516 | -95.3% |
| Amounts payable within one year | 42/48 | €58,482 | €36,222 | -€22,260 | -38.1% |
| Current portion of amounts payable after more than one year | 42 | €5,295 | €5,516 | +€220 | +4.2% |
| Trade debts | 44 | €4,420 | €7,566 | +€3,146 | +71.2% |
| Suppliers | 440/4 | €4,420 | €7,566 | +€3,146 | +71.2% |
| Taxes, remuneration and social security | 45 | €24,076 | €13,419 | -€10,657 | -44.3% |
| Taxes | 450/3 | €24,076 | €13,419 | -€10,657 | -44.3% |
| Other amounts payable | 47/48 | €24,690 | €9,721 | -€14,969 | -60.6% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,287 | €8,481 | +€7,194 | +559% |
| Other operating charges | 640/8 | €975 | €546 | -€429 | -44.0% |
| Gross operating margin | 9900 | €30,335 | €10,025 | -€20,310 | -67.0% |
| Operating profit (loss) | 9901 | €28,073 | €998 | -€27,075 | -96.4% |
| Financial income | 75/76B | €3,479 | €3,401 | -€78 | -2.2% |
| Recurring financial income | 75 | €3,479 | €3,401 | -€78 | -2.2% |
| Financial charges | 65/66B | €1,320 | €1,178 | -€142 | -10.8% |
| Recurring financial charges | 65 | €1,320 | €1,178 | -€142 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €30,233 | €3,221 | -€27,011 | -89.3% |
| Income taxes | 67/77 | €9,306 | €1,965 | -€7,341 | -78.9% |
| Profit (loss) for the period | 9904 | €20,927 | €1,257 | -€19,670 | -94.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,927 | €1,257 | -€19,670 | -94.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.