Up Solutions: 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 Solutions
Largest movements
- Cash +€13,337
up €13,337 (+77.1%), from €17,290 to €30,627
mainly Depreciation (+€18,540) and Tax, wage and social debts (+€12,144)
- Tangible fixed assets -€12,290
down €12,290 (-33.3%), from €36,916 to €24,626
- Receivables within one year -€8,814
down €8,814 (-53.6%), from €16,454 to €7,640
- Intangible fixed assets -€6,250
down €6,250 (-28.6%), from €21,875 to €15,625
- Stocks and contracts -€4,952
down €4,952 (-25.5%), from €19,432 to €14,480
of which Contracts in progress: -€5,000
- Reserves -€56,490
no longer reported in 2024 (was €56,490)
- Profit (loss) carried forward +€39,351
up €39,351, from -€29,748 to €9,603
- Tax, wage and social debts +€12,144
up €12,144 (+91.5%), from €13,278 to €25,422
of which Taxes: +€6,669
- Debts after one year -€5,782
down €5,782 (-45.6%), from €12,681 to €6,899
- Other debts -€3,560
down €3,560 (-8.7%), from €40,691 to €37,131
- Staff costs +€36,793
up €36,793 (+63.3%), from €58,091 to €94,884
- Gross operating margin +€13,715
up €13,715 (+16.1%), from €85,013 to €98,728
- Depreciation -€3,241
down €3,241 (-14.9%), from €21,781 to €18,540
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €134,424 | €119,450 | -€14,974 | -11.1% |
| Fixed assets | 21/28 | €58,791 | €40,251 | -€18,540 | -31.5% |
| Intangible fixed assets | 21 | €21,875 | €15,625 | -€6,250 | -28.6% |
| Tangible fixed assets | 22/27 | €36,916 | €24,626 | -€12,290 | -33.3% |
| Land and buildings | 22 | €10,187 | €5,485 | -€4,702 | -46.2% |
| Plant, machinery and equipment | 23 | €23,532 | €17,457 | -€6,075 | -25.8% |
| Furniture and vehicles | 24 | €3,197 | €1,684 | -€1,513 | -47.3% |
| Current assets | 29/58 | €75,632 | €79,199 | +€3,567 | +4.7% |
| Stocks and contracts in progress | 3 | €19,432 | €14,480 | -€4,952 | -25.5% |
| Stocks | 30/36 | €14,432 | €14,480 | +€48 | +0.3% |
| Contracts in progress | 37 | €5,000 | - | -€5,000 | |
| Amounts receivable within one year | 40/41 | €16,454 | €7,640 | -€8,814 | -53.6% |
| Trade receivables | 40 | €16,454 | €7,640 | -€8,814 | -53.6% |
| Cash at bank and in hand | 54/58 | €17,290 | €30,627 | +€13,337 | +77.1% |
| Deferred charges and accrued income | 490/1 | €22,456 | €26,452 | +€3,996 | +17.8% |
| Total equity and liabilities | 10/49 | €134,424 | €119,450 | -€14,974 | -11.1% |
| Equity | 10/15 | €51,742 | €34,603 | -€17,139 | -33.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €56,490 | - | -€56,490 | |
| Distributable reserves | 133 | €56,490 | - | -€56,490 | |
| Profit (loss) carried forward | 14 | -€29,748 | €9,603 | +€39,351 | |
| Amounts payable | 17/49 | €82,682 | €84,847 | +€2,165 | +2.6% |
| Amounts payable after more than one year | 17 | €12,681 | €6,899 | -€5,782 | -45.6% |
| Financial debts | 170/4 | €12,681 | €6,899 | -€5,782 | -45.6% |
| Amounts payable within one year | 42/48 | €70,001 | €77,948 | +€7,947 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €5,664 | €5,783 | +€119 | +2.1% |
| Trade debts | 44 | €10,368 | €9,612 | -€756 | -7.3% |
| Suppliers | 440/4 | €10,368 | €9,612 | -€756 | -7.3% |
| Taxes, remuneration and social security | 45 | €13,278 | €25,422 | +€12,144 | +91.5% |
| Taxes | 450/3 | €7,317 | €13,986 | +€6,669 | +91.1% |
| Remuneration and social security | 454/9 | €5,961 | €11,436 | +€5,475 | +91.9% |
| Other amounts payable | 47/48 | €40,691 | €37,131 | -€3,560 | -8.7% |
| Remuneration, social security and pensions | 62 | €58,091 | €94,884 | +€36,793 | +63.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,781 | €18,540 | -€3,241 | -14.9% |
| Other operating charges | 640/8 | €1,025 | €1,290 | +€265 | +25.8% |
| Gross operating margin | 9900 | €85,013 | €98,728 | +€13,715 | +16.1% |
| Operating profit (loss) | 9901 | €4,115 | -€15,986 | -€20,101 | |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €823 | €1,014 | +€191 | +23.1% |
| Recurring financial charges | 65 | €823 | €1,014 | +€191 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | €3,295 | -€17,000 | -€20,295 | |
| Income taxes | 67/77 | €147 | €139 | -€8 | -5.4% |
| Profit (loss) for the period | 9904 | €3,148 | -€17,139 | -€20,287 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,148 | -€17,139 | -€20,287 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.