UPDATIS: 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.
UPDATIS
Largest movements
- Cash -€29,776
down €29,776 (-25.7%), from €116,008 to €86,232
mainly Contributions, distributions and other (-€31,765) and Tax, wage and social debts (-€14,737)
- Receivables within one year +€8,534
up €8,534 (+120%), from €7,109 to €15,642
of which Other amounts receivable: +€4,979
- Tax, wage and social debts -€14,737
down €14,737 (-72.1%), from €20,440 to €5,703
- Profit (loss) carried forward -€12,365
down €12,365 (-13.2%), from €93,774 to €81,409
- Other debts +€5,000
up €5,000 (+50.0%), from €10,000 to €15,000
- Trade debts +€1,987
up €1,987 (+641%), from €310 to €2,297
- Gross operating margin -€40,451
down €40,451 (-55.9%), from €72,407 to €31,956
- Taxes -€3,731
down €3,731 (-33.2%), from €11,252 to €7,521
- Other operating charges +€3,009
up €3,009 (+1,580%), from €191 to €3,200
- Depreciation +€747
up €747 (+72.1%), from €1,035 to €1,782
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 | €125,524 | €105,410 | -€20,115 | -16.0% |
| Fixed assets | 21/28 | €2,407 | €3,535 | +€1,128 | +46.8% |
| Tangible fixed assets | 22/27 | €2,407 | €3,535 | +€1,128 | +46.8% |
| Furniture and vehicles | 24 | €2,407 | €3,535 | +€1,128 | +46.8% |
| Current assets | 29/58 | €123,117 | €101,874 | -€21,243 | -17.3% |
| Amounts receivable within one year | 40/41 | €7,109 | €15,642 | +€8,534 | +120% |
| Trade receivables | 40 | €7,109 | €10,663 | +€3,554 | +50.0% |
| Other amounts receivable | 41 | - | €4,979 | +€4,979 | |
| Cash at bank and in hand | 54/58 | €116,008 | €86,232 | -€29,776 | -25.7% |
| Total equity and liabilities | 10/49 | €125,524 | €105,410 | -€20,115 | -16.0% |
| Equity | 10/15 | €94,774 | €82,409 | -€12,365 | -13.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,774 | €81,409 | -€12,365 | -13.2% |
| Amounts payable | 17/49 | €30,750 | €23,001 | -€7,749 | -25.2% |
| Amounts payable within one year | 42/48 | €30,750 | €23,001 | -€7,749 | -25.2% |
| Trade debts | 44 | €310 | €2,297 | +€1,987 | +641% |
| Suppliers | 440/4 | €310 | €2,297 | +€1,987 | +641% |
| Taxes, remuneration and social security | 45 | €20,440 | €5,703 | -€14,737 | -72.1% |
| Taxes | 450/3 | €20,440 | €5,703 | -€14,737 | -72.1% |
| Other amounts payable | 47/48 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,035 | €1,782 | +€747 | +72.1% |
| Other operating charges | 640/8 | €191 | €3,200 | +€3,009 | +1,580% |
| Gross operating margin | 9900 | €72,407 | €31,956 | -€40,451 | -55.9% |
| Operating profit (loss) | 9901 | €71,182 | €26,975 | -€44,207 | -62.1% |
| Financial income | 75/76B | €5 | €5 | +€0 | +6.2% |
| Recurring financial income | 75 | €5 | €5 | +€0 | +6.2% |
| Financial charges | 65/66B | €112 | €60 | -€51 | -46.1% |
| Recurring financial charges | 65 | €112 | €60 | -€51 | -46.1% |
| Profit (loss) for the period before taxes | 9903 | €71,075 | €26,920 | -€44,155 | -62.1% |
| Income taxes | 67/77 | €11,252 | €7,521 | -€3,731 | -33.2% |
| Profit (loss) for the period | 9904 | €59,823 | €19,399 | -€40,423 | -67.6% |
| Profit (loss) for the period to be appropriated | 9905 | €59,823 | €19,399 | -€40,423 | -67.6% |
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 15 October 2026 via checked.be.