UP TAX: 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 TAX
Largest movements
- Cash +€3,492
up €3,492 (+27.6%), from €12,647 to €16,139
mainly Net result for the year (+€4,401) and Depreciation (+€1,360)
- Receivables within one year +€965
up €965 (+2.4%), from €39,875 to €40,840
of which Other amounts receivable: +€1,078
- Profit (loss) carried forward +€4,401
up €4,401 (+9.9%), from €44,613 to €49,013
- Turnover -€72,944
no longer reported in 2025 (was €72,944)
- Purchases and services -€67,237
no longer reported in 2025 (was €67,237)
- Depreciation +€1,360
new in 2025: €1,360
- Gross operating margin +€1,243
up €1,243 (+18.1%), from €6,865 to €8,108
- Taxes -€807
down €807 (-41.3%), from €1,956 to €1,149
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 | €52,522 | €56,979 | +€4,457 | +8.5% |
| Current assets | 29/58 | €52,522 | €56,979 | +€4,457 | +8.5% |
| Amounts receivable within one year | 40/41 | €39,875 | €40,840 | +€965 | +2.4% |
| Trade receivables | 40 | €113 | - | -€113 | |
| Other amounts receivable | 41 | €39,762 | €40,840 | +€1,078 | +2.7% |
| Cash at bank and in hand | 54/58 | €12,647 | €16,139 | +€3,492 | +27.6% |
| Total equity and liabilities | 10/49 | €52,522 | €56,979 | +€4,457 | +8.5% |
| Equity | 10/15 | €52,522 | €56,922 | +€4,401 | +8.4% |
| Contributions | 10/11 | €750 | €750 | = | 0.0% |
| Reserves | 13 | €7,159 | €7,159 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,159 | €7,159 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,159 | €7,159 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,613 | €49,013 | +€4,401 | +9.9% |
| Amounts payable | 17/49 | - | €56 | +€56 | |
| Amounts payable within one year | 42/48 | - | €56 | +€56 | |
| Trade debts | 44 | - | €56 | +€56 | |
| Suppliers | 440/4 | - | €56 | +€56 | |
| Turnover | 70 | €72,944 | - | -€72,944 | |
| Goods, raw materials, services and sundry goods | 60/61 | €67,237 | - | -€67,237 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,360 | +€1,360 | |
| Other operating charges | 640/8 | €1,473 | €1,014 | -€459 | -31.1% |
| Gross operating margin | 9900 | €6,865 | €8,108 | +€1,243 | +18.1% |
| Operating profit (loss) | 9901 | €5,392 | €5,734 | +€341 | +6.3% |
| Financial charges | 65/66B | €155 | €184 | +€29 | +18.8% |
| Recurring financial charges | 65 | €155 | €184 | +€29 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | €5,238 | €5,550 | +€312 | +6.0% |
| Income taxes | 67/77 | €1,956 | €1,149 | -€807 | -41.3% |
| Profit (loss) for the period | 9904 | €3,281 | €4,401 | +€1,119 | +34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,281 | €4,401 | +€1,119 | +34.1% |
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 26 October 2026 via checked.be.