UPERFORM: 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.
UPERFORM
Largest movements
- Tangible fixed assets +€62,429
up €62,429 (+58.4%), from €106,899 to €169,328
of which Furniture and vehicles: +€60,467
- Cash +€40,157
up €40,157 (+1,927%), from €2,084 to €42,241
mainly Receivables within one year (+€31,188) and Other debts (+€22,000)
- Receivables within one year -€31,188
down €31,188 (-55.4%), from €56,287 to €25,099
of which Trade receivables: -€31,270
- Other debts +€22,000
up €22,000 (+85.6%), from €25,708 to €47,708
- Debts after one year +€21,209
up €21,209 (+45.2%), from €46,928 to €68,137
- Profit (loss) carried forward +€20,296
up €20,296 (+67.8%), from €29,913 to €50,209
- Current portion of long-term debt +€11,958
up €11,958 (+106%), from €11,238 to €23,197
- Short-term financial debts -€4,178
no longer reported in 2025 (was €4,178)
- Staff costs -€25,144
down €25,144 (-68.7%), from €36,577 to €11,433
- Gross operating margin -€14,048
down €14,048 (-18.7%), from €75,048 to €61,000
- Depreciation +€12,506
up €12,506 (+170%), from €7,365 to €19,871
- Financial charges +€3,752
up €3,752 (+192%), from €1,956 to €5,708
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 | €169,680 | €243,193 | +€73,513 | +43.3% |
| Fixed assets | 21/28 | €111,099 | €174,543 | +€63,443 | +57.1% |
| Intangible fixed assets | 21 | - | €1,014 | +€1,014 | |
| Tangible fixed assets | 22/27 | €106,899 | €169,328 | +€62,429 | +58.4% |
| Furniture and vehicles | 24 | €64,228 | €124,695 | +€60,467 | +94.1% |
| Other tangible fixed assets | 26 | €42,671 | €43,434 | +€762 | +1.8% |
| Assets under construction and advance payments | 27 | - | €1,200 | +€1,200 | |
| Financial fixed assets | 28 | €4,200 | €4,200 | = | 0.0% |
| Current assets | 29/58 | €58,581 | €68,651 | +€10,070 | +17.2% |
| Amounts receivable within one year | 40/41 | €56,287 | €25,099 | -€31,188 | -55.4% |
| Trade receivables | 40 | €55,326 | €24,056 | -€31,270 | -56.5% |
| Other amounts receivable | 41 | €961 | €1,043 | +€82 | +8.6% |
| Cash at bank and in hand | 54/58 | €2,084 | €42,241 | +€40,157 | +1,927% |
| Deferred charges and accrued income | 490/1 | €210 | €1,311 | +€1,101 | +525% |
| Total equity and liabilities | 10/49 | €169,680 | €243,193 | +€73,513 | +43.3% |
| Equity | 10/15 | €31,893 | €52,189 | +€20,296 | +63.6% |
| Contributions | 10/11 | €1,980 | €1,980 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,913 | €50,209 | +€20,296 | +67.8% |
| Amounts payable | 17/49 | €137,786 | €191,004 | +€53,218 | +38.6% |
| Amounts payable after more than one year | 17 | €46,928 | €68,137 | +€21,209 | +45.2% |
| Financial debts | 170/4 | €46,928 | €68,137 | +€21,209 | +45.2% |
| Amounts payable within one year | 42/48 | €90,859 | €122,867 | +€32,009 | +35.2% |
| Current portion of amounts payable after more than one year | 42 | €11,238 | €23,197 | +€11,958 | +106% |
| Financial debts | 43 | €4,178 | - | -€4,178 | |
| Credit institutions | 430/8 | €4,178 | - | -€4,178 | |
| Trade debts | 44 | €36,736 | €39,351 | +€2,615 | +7.1% |
| Suppliers | 440/4 | €36,736 | €39,351 | +€2,615 | +7.1% |
| Taxes, remuneration and social security | 45 | €12,998 | €12,611 | -€387 | -3.0% |
| Taxes | 450/3 | €5,606 | €12,611 | +€7,005 | +125% |
| Remuneration and social security | 454/9 | €7,392 | - | -€7,392 | |
| Other amounts payable | 47/48 | €25,708 | €47,708 | +€22,000 | +85.6% |
| Remuneration, social security and pensions | 62 | €36,577 | €11,433 | -€25,144 | -68.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,365 | €19,871 | +€12,506 | +170% |
| Other operating charges | 640/8 | €387 | €1,081 | +€694 | +179% |
| Gross operating margin | 9900 | €75,048 | €61,000 | -€14,048 | -18.7% |
| Operating profit (loss) | 9901 | €30,720 | €28,615 | -€2,104 | -6.9% |
| Financial income | 75/76B | €203 | €387 | +€184 | +90.8% |
| Recurring financial income | 75 | €203 | €387 | +€184 | +90.8% |
| Financial charges | 65/66B | €1,956 | €5,708 | +€3,752 | +192% |
| Recurring financial charges | 65 | €1,956 | €5,708 | +€3,752 | +192% |
| Profit (loss) for the period before taxes | 9903 | €28,967 | €23,295 | -€5,672 | -19.6% |
| Income taxes | 67/77 | €3,023 | €2,999 | -€24 | -0.8% |
| Profit (loss) for the period | 9904 | €25,943 | €20,296 | -€5,648 | -21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €25,943 | €20,296 | -€5,648 | -21.8% |
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.