Up-Concept: 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-Concept
Largest movements
- Cash +€14,557
up €14,557 (+464.8%), from €3,132 to €17,689
mainly Net result for the year (+€19,080) and Tax, wage and social debts (+€4,390)
- Receivables within one year +€2,315
up €2,315 (+11.3%), from €20,491 to €22,806
of which Trade receivables: +€2,307
- Reserves +€19,080
new in 2026: €19,080
- Trade debts -€6,902
down €6,902 (-73.6%), from €9,374 to €2,473
- Tax, wage and social debts +€4,390
up €4,390 (+123.4%), from €3,558 to €7,948
of which Taxes: +€4,937
- Gross operating margin +€12,611
up €12,611 (+25.1%), from €50,303 to €62,914
- Taxes +€1,908
new in 2026: €1,908
- Staff costs -€1,366
down €1,366 (-3.5%), from €39,474 to €38,108
- Depreciation +€925
up €925 (+39.5%), from €2,341 to €3,266
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,439 | €44,346 | +€16,906 | +61.6% |
| Fixed assets | 21/28 | €3,816 | €3,851 | +€34 | +0.9% |
| Tangible fixed assets | 22/27 | €3,816 | €3,851 | +€34 | +0.9% |
| Plant, machinery and equipment | 23 | €2,172 | €3,574 | +€1,402 | +64.6% |
| Furniture and vehicles | 24 | €1,645 | €277 | -€1,368 | -83.2% |
| Current assets | 29/58 | €23,623 | €40,495 | +€16,872 | +71.4% |
| Amounts receivable within one year | 40/41 | €20,491 | €22,806 | +€2,315 | +11.3% |
| Trade receivables | 40 | €20,491 | €22,798 | +€2,307 | +11.3% |
| Other amounts receivable | 41 | - | €7 | +€7 | |
| Cash at bank and in hand | 54/58 | €3,132 | €17,689 | +€14,557 | +464.8% |
| Total equity and liabilities | 10/49 | €27,439 | €44,346 | +€16,906 | +61.6% |
| Equity | 10/15 | €9,611 | €28,691 | +€19,080 | +198.5% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | - | €19,080 | +€19,080 | |
| Distributable reserves | 133 | - | €19,080 | +€19,080 | |
| Profit (loss) carried forward | 14 | €1,611 | €1,611 | = | 0.0% |
| Amounts payable | 17/49 | €17,828 | €15,655 | -€2,174 | -12.2% |
| Amounts payable within one year | 42/48 | €17,828 | €15,655 | -€2,174 | -12.2% |
| Trade debts | 44 | €9,374 | €2,473 | -€6,902 | -73.6% |
| Suppliers | 440/4 | €9,374 | €2,473 | -€6,902 | -73.6% |
| Taxes, remuneration and social security | 45 | €3,558 | €7,948 | +€4,390 | +123.4% |
| Taxes | 450/3 | €866 | €5,803 | +€4,937 | +570.0% |
| Remuneration and social security | 454/9 | €2,692 | €2,146 | -€547 | -20.3% |
| Other amounts payable | 47/48 | €4,896 | €5,234 | +€338 | +6.9% |
| Non-recurring operating income | 76A | €50 | €269 | +€220 | +441.9% |
| Remuneration, social security and pensions | 62 | €39,474 | €38,108 | -€1,366 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,341 | €3,266 | +€925 | +39.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €50,303 | €62,914 | +€12,611 | +25.1% |
| Operating profit (loss) | 9901 | €8,102 | €21,141 | +€13,039 | +160.9% |
| Financial income | 75/76B | €200 | €47 | -€153 | -76.7% |
| Recurring financial income | 75 | €200 | €47 | -€153 | -76.7% |
| Financial charges | 65/66B | €628 | €199 | -€429 | -68.3% |
| Recurring financial charges | 65 | €628 | €199 | -€429 | -68.3% |
| Profit (loss) for the period before taxes | 9903 | €7,673 | €20,988 | +€13,315 | +173.5% |
| Income taxes | 67/77 | - | €1,908 | +€1,908 | |
| Profit (loss) for the period | 9904 | €7,673 | €19,080 | +€11,407 | +148.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,673 | €19,080 | +€11,407 | +148.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.