Updb: 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.
Updb
Largest movements
- Receivables within one year +€22,533
up €22,533 (+60.8%), from €37,040 to €59,573
of which Other amounts receivable: +€22,503
- Tangible fixed assets -€19,169
down €19,169 (-8.9%), from €214,299 to €195,130
of which Furniture and vehicles: -€13,169
- Reserves +€30,500
up €30,500 (+16.3%), from €187,360 to €217,860
of which Distributable reserves: +€30,500
- Debts after one year -€28,442
down €28,442 (-42.1%), from €67,575 to €39,133
- Short-term financial debts +€7,723
new in 2025: €7,723
- Tax, wage and social debts -€3,464
down €3,464 (-23.7%), from €14,645 to €11,181
- Gross operating margin +€5,318
up €5,318 (+8.2%), from €64,828 to €70,146
- Taxes +€2,607
up €2,607 (+19.2%), from €13,556 to €16,163
- Depreciation +€1,230
up €1,230 (+6.9%), from €17,940 to €19,169
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.
Cash bridge derived
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 | €315,162 | €322,294 | +€7,132 | +2.3% |
| Fixed assets | 21/28 | €214,299 | €195,130 | -€19,169 | -8.9% |
| Tangible fixed assets | 22/27 | €214,299 | €195,130 | -€19,169 | -8.9% |
| Land and buildings | 22 | €169,000 | €163,000 | -€6,000 | -3.6% |
| Furniture and vehicles | 24 | €45,299 | €32,130 | -€13,169 | -29.1% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €100,863 | €127,164 | +€26,301 | +26.1% |
| Amounts receivable after more than one year | 29 | €16,000 | €16,000 | = | 0.0% |
| Other amounts receivable | 291 | €16,000 | €16,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €37,040 | €59,573 | +€22,533 | +60.8% |
| Trade receivables | 40 | €21,185 | €21,215 | +€30 | +0.1% |
| Other amounts receivable | 41 | €15,855 | €38,358 | +€22,503 | +141.9% |
| Cash at bank and in hand | 54/58 | €42,847 | €45,704 | +€2,857 | +6.7% |
| Deferred charges and accrued income | 490/1 | €4,976 | €5,887 | +€911 | +18.3% |
| Total equity and liabilities | 10/49 | €315,162 | €322,294 | +€7,132 | +2.3% |
| Equity | 10/15 | €196,905 | €228,261 | +€31,356 | +15.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €187,360 | €217,860 | +€30,500 | +16.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €187,360 | €217,860 | +€30,500 | +16.3% |
| Profit (loss) carried forward | 14 | €3,345 | €4,201 | +€856 | +25.6% |
| Amounts payable | 17/49 | €118,257 | €94,034 | -€24,224 | -20.5% |
| Amounts payable after more than one year | 17 | €67,575 | €39,133 | -€28,442 | -42.1% |
| Financial debts | 170/4 | €67,575 | €39,133 | -€28,442 | -42.1% |
| Amounts payable within one year | 42/48 | €50,682 | €53,262 | +€2,580 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €31,928 | €29,780 | -€2,148 | -6.7% |
| Financial debts | 43 | - | €7,723 | +€7,723 | |
| Credit institutions | 430/8 | - | €7,723 | +€7,723 | |
| Trade debts | 44 | €3,109 | €4,578 | +€1,469 | +47.3% |
| Suppliers | 440/4 | €3,109 | €4,578 | +€1,469 | +47.3% |
| Taxes, remuneration and social security | 45 | €14,645 | €11,181 | -€3,464 | -23.7% |
| Taxes | 450/3 | €14,645 | €11,181 | -€3,464 | -23.7% |
| Other amounts payable | 47/48 | €1,000 | €0 | -€1,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €1,639 | +€1,639 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,940 | €19,169 | +€1,230 | +6.9% |
| Other operating charges | 640/8 | €1,973 | €2,529 | +€555 | +28.1% |
| Gross operating margin | 9900 | €64,828 | €70,146 | +€5,318 | +8.2% |
| Operating profit (loss) | 9901 | €44,915 | €48,448 | +€3,533 | +7.9% |
| Financial income | 75/76B | €2,473 | €2,223 | -€249 | -10.1% |
| Recurring financial income | 75 | €2,473 | €2,223 | -€249 | -10.1% |
| Financial charges | 65/66B | €2,988 | €3,152 | +€164 | +5.5% |
| Recurring financial charges | 65 | €2,988 | €3,152 | +€164 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €44,399 | €47,519 | +€3,120 | +7.0% |
| Income taxes | 67/77 | €13,556 | €16,163 | +€2,607 | +19.2% |
| Profit (loss) for the period | 9904 | €30,843 | €31,356 | +€513 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,843 | €31,356 | +€513 | +1.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.