UP WIDER: 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 WIDER
Largest movements
- Cash -€786,736
down €786,736 (-68.0%), from €1.2m to €369,440
mainly Trade debts (-€960,401) and Contributions, distributions and other (-€480,000)
- Current investments +€92,421
up €92,421 (+9.2%), from €1.0m to €1.1m
- Receivables within one year -€59,520
down €59,520 (-5.5%), from €1.1m to €1.0m
of which Other amounts receivable: -€38,081
- Trade debts -€960,401
down €960,401 (-54.1%), from €1.8m to €815,428
- Other debts +€449,550
new in 2025: €449,550
- Reserves -€290,000
down €290,000 (-26.4%), from €1.1m to €810,000
of which Distributable reserves: -€290,000
- Tax, wage and social debts +€52,315
up €52,315 (+364%), from €14,375 to €66,690
of which Taxes: +€33,430
- Gross operating margin -€196,895
down €196,895 (-22.8%), from €863,789 to €666,894
- Taxes -€76,675
down €76,675 (-51.3%), from €149,511 to €72,836
- Financial charges +€50,574
up €50,574 (+49.6%), from €101,984 to €152,559
- Staff costs -€24,478
down €24,478 (-8.8%), from €278,710 to €254,232
- Financial income +€10,860
up €10,860 (+223%), from €4,870 to €15,729
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 | €3,247,500 | €2,501,867 | -€745,633 | -23.0% |
| Fixed assets | 21/28 | €9,046 | €16,218 | +€7,171 | +79.3% |
| Tangible fixed assets | 22/27 | €9,046 | €16,218 | +€7,171 | +79.3% |
| Furniture and vehicles | 24 | €9,046 | €16,218 | +€7,171 | +79.3% |
| Current assets | 29/58 | €3,238,454 | €2,485,649 | -€752,805 | -23.2% |
| Amounts receivable within one year | 40/41 | €1,082,278 | €1,022,758 | -€59,520 | -5.5% |
| Trade receivables | 40 | €1,011,186 | €989,748 | -€21,438 | -2.1% |
| Other amounts receivable | 41 | €71,091 | €33,010 | -€38,081 | -53.6% |
| Current investments | 50/53 | €1,000,000 | €1,092,421 | +€92,421 | +9.2% |
| Cash at bank and in hand | 54/58 | €1,156,176 | €369,440 | -€786,736 | -68.0% |
| Deferred charges and accrued income | 490/1 | - | €1,030 | +€1,030 | |
| Total equity and liabilities | 10/49 | €3,247,500 | €2,501,867 | -€745,633 | -23.0% |
| Equity | 10/15 | €1,457,296 | €1,170,198 | -€287,098 | -19.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,100,000 | €810,000 | -€290,000 | -26.4% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €1,090,000 | €800,000 | -€290,000 | -26.6% |
| Profit (loss) carried forward | 14 | €257,296 | €260,198 | +€2,902 | +1.1% |
| Amounts payable | 17/49 | €1,790,204 | €1,331,668 | -€458,536 | -25.6% |
| Amounts payable within one year | 42/48 | €1,790,204 | €1,331,668 | -€458,536 | -25.6% |
| Trade debts | 44 | €1,775,829 | €815,428 | -€960,401 | -54.1% |
| Suppliers | 440/4 | €1,775,829 | €815,428 | -€960,401 | -54.1% |
| Taxes, remuneration and social security | 45 | €14,375 | €66,690 | +€52,315 | +364% |
| Taxes | 450/3 | €6,997 | €40,427 | +€33,430 | +478% |
| Remuneration and social security | 454/9 | €7,378 | €26,263 | +€18,885 | +256% |
| Other amounts payable | 47/48 | - | €449,550 | +€449,550 | |
| Remuneration, social security and pensions | 62 | €278,710 | €254,232 | -€24,478 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,614 | €7,273 | +€1,659 | +29.6% |
| Other operating charges | 640/8 | €1,845 | €2,821 | +€976 | +52.9% |
| Gross operating margin | 9900 | €863,789 | €666,894 | -€196,895 | -22.8% |
| Operating profit (loss) | 9901 | €577,620 | €402,568 | -€175,052 | -30.3% |
| Financial income | 75/76B | €4,870 | €15,729 | +€10,860 | +223% |
| Recurring financial income | 75 | €4,870 | €15,729 | +€10,860 | +223% |
| Financial charges | 65/66B | €101,984 | €152,559 | +€50,574 | +49.6% |
| Recurring financial charges | 65 | €101,984 | €152,559 | +€50,574 | +49.6% |
| Profit (loss) for the period before taxes | 9903 | €480,506 | €265,739 | -€214,767 | -44.7% |
| Income taxes | 67/77 | €149,511 | €72,836 | -€76,675 | -51.3% |
| Profit (loss) for the period | 9904 | €330,995 | €192,902 | -€138,092 | -41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €330,995 | €192,902 | -€138,092 | -41.7% |
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 24 October 2026 via checked.be.