UPCITY: 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.
UPCITY
Largest movements
- Cash +€17,243
up €17,243 (+16.8%), from €102,425 to €119,669
mainly Net result for the year (+€101,717) and Other debts (+€15,795)
- Other debts +€15,795
up €15,795 (+17.2%), from €91,809 to €107,604
- Tax, wage and social debts -€13,355
down €13,355 (-44.0%), from €30,369 to €17,014
- Trade debts +€10,087
up €10,087 (+386%), from €2,616 to €12,703
- Short-term financial debts +€3,243
up €3,243 (+69.2%), from €4,686 to €7,929
- Profit (loss) carried forward +€1,717
up €1,717 (+46.0%), from €3,729 to €5,446
- Gross operating margin +€15,799
up €15,799 (+12.0%), from €131,946 to €147,745
- Taxes +€3,522
up €3,522 (+10.7%), from €32,936 to €36,458
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 | €153,008 | €170,495 | +€17,487 | +11.4% |
| Fixed assets | 21/28 | €28,609 | €28,066 | -€544 | -1.9% |
| Tangible fixed assets | 22/27 | €28,519 | €27,976 | -€544 | -1.9% |
| Furniture and vehicles | 24 | €2,990 | €4,871 | +€1,881 | +62.9% |
| Other tangible fixed assets | 26 | €25,530 | €23,105 | -€2,425 | -9.5% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €124,399 | €142,429 | +€18,030 | +14.5% |
| Amounts receivable within one year | 40/41 | €21,974 | €22,761 | +€787 | +3.6% |
| Trade receivables | 40 | €21,974 | €22,761 | +€787 | +3.6% |
| Cash at bank and in hand | 54/58 | €102,425 | €119,669 | +€17,243 | +16.8% |
| Total equity and liabilities | 10/49 | €153,008 | €170,495 | +€17,487 | +11.4% |
| Equity | 10/15 | €22,329 | €24,046 | +€1,717 | +7.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,729 | €5,446 | +€1,717 | +46.0% |
| Amounts payable | 17/49 | €130,679 | €146,449 | +€15,770 | +12.1% |
| Amounts payable within one year | 42/48 | €129,479 | €145,249 | +€15,770 | +12.2% |
| Financial debts | 43 | €4,686 | €7,929 | +€3,243 | +69.2% |
| Other loans | 439 | €4,686 | €7,929 | +€3,243 | +69.2% |
| Trade debts | 44 | €2,616 | €12,703 | +€10,087 | +386% |
| Suppliers | 440/4 | €2,616 | €12,703 | +€10,087 | +386% |
| Taxes, remuneration and social security | 45 | €30,369 | €17,014 | -€13,355 | -44.0% |
| Taxes | 450/3 | €30,369 | €17,014 | -€13,355 | -44.0% |
| Other amounts payable | 47/48 | €91,809 | €107,604 | +€15,795 | +17.2% |
| Accrued charges and deferred income | 492/3 | €1,200 | €1,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,929 | €8,604 | +€675 | +8.5% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €131,946 | €147,745 | +€15,799 | +12.0% |
| Operating profit (loss) | 9901 | €123,632 | €138,754 | +€15,121 | +12.2% |
| Financial income | 75/76B | €2 | €6 | +€4 | +216% |
| Recurring financial income | 75 | €2 | €6 | +€4 | +216% |
| Financial charges | 65/66B | €458 | €585 | +€127 | +27.8% |
| Recurring financial charges | 65 | €458 | €585 | +€127 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | €123,176 | €138,174 | +€14,998 | +12.2% |
| Income taxes | 67/77 | €32,936 | €36,458 | +€3,522 | +10.7% |
| Profit (loss) for the period | 9904 | €90,241 | €101,717 | +€11,476 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €90,241 | €101,717 | +€11,476 | +12.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.