Upflow: 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.
Upflow
Largest movements
- Receivables within one year -€5,630
down €5,630 (-11.3%), from €49,836 to €44,206
of which Trade receivables: -€3,946
- Cash -€1,644
down €1,644 (-13.0%), from €12,666 to €11,021
mainly Net result for the year (-€18,096) and Tax, wage and social debts (-€2,836)
- Tangible fixed assets +€1,419
new in 2025: €1,419
- Profit (loss) carried forward -€18,096
down €18,096 (-89.3%), from -€20,268 to -€38,364
- Short-term financial debts +€15,901
up €15,901 (+159.0%), from €10,001 to €25,902
- Tax, wage and social debts -€2,836
down €2,836 (-25.1%), from €11,301 to €8,465
of which Remuneration and social security: -€4,113
- Trade debts -€1,560
down €1,560 (-7.3%), from €21,467 to €19,907
- Other debts +€816
new in 2025: €816
- Staff costs -€9,978
down €9,978 (-11.4%), from €87,601 to €77,622
- Gross operating margin -€7,093
down €7,093 (-10.2%), from €69,743 to €62,650
- Financial charges +€862
up €862 (+57.0%), from €1,513 to €2,375
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 | €62,501 | €56,725 | -€5,776 | -9.2% |
| Fixed assets | 21/28 | - | €1,419 | +€1,419 | |
| Tangible fixed assets | 22/27 | - | €1,419 | +€1,419 | |
| Furniture and vehicles | 24 | - | €1,419 | +€1,419 | |
| Current assets | 29/58 | €62,501 | €55,306 | -€7,195 | -11.5% |
| Amounts receivable within one year | 40/41 | €49,836 | €44,206 | -€5,630 | -11.3% |
| Trade receivables | 40 | €48,138 | €44,192 | -€3,946 | -8.2% |
| Other amounts receivable | 41 | €1,698 | €14 | -€1,684 | -99.2% |
| Cash at bank and in hand | 54/58 | €12,666 | €11,021 | -€1,644 | -13.0% |
| Deferred charges and accrued income | 490/1 | - | €79 | +€79 | |
| Total equity and liabilities | 10/49 | €62,501 | €56,725 | -€5,776 | -9.2% |
| Equity | 10/15 | €19,732 | €1,636 | -€18,096 | -91.7% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,268 | -€38,364 | -€18,096 | -89.3% |
| Amounts payable | 17/49 | €42,769 | €55,089 | +€12,320 | +28.8% |
| Amounts payable within one year | 42/48 | €42,769 | €55,089 | +€12,320 | +28.8% |
| Financial debts | 43 | €10,001 | €25,902 | +€15,901 | +159.0% |
| Credit institutions | 430/8 | €10,001 | €25,902 | +€15,901 | +159.0% |
| Trade debts | 44 | €21,467 | €19,907 | -€1,560 | -7.3% |
| Suppliers | 440/4 | €21,467 | €19,907 | -€1,560 | -7.3% |
| Taxes, remuneration and social security | 45 | €11,301 | €8,465 | -€2,836 | -25.1% |
| Taxes | 450/3 | €4,540 | €5,817 | +€1,277 | +28.1% |
| Remuneration and social security | 454/9 | €6,761 | €2,648 | -€4,113 | -60.8% |
| Other amounts payable | 47/48 | - | €816 | +€816 | |
| Remuneration, social security and pensions | 62 | €87,601 | €77,622 | -€9,978 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €175 | +€175 | |
| Other operating charges | 640/8 | €898 | €607 | -€291 | -32.4% |
| Gross operating margin | 9900 | €69,743 | €62,650 | -€7,093 | -10.2% |
| Operating profit (loss) | 9901 | -€18,755 | -€15,754 | +€3,001 | +16.0% |
| Financial income | 75/76B | - | €33 | +€33 | |
| Recurring financial income | 75 | - | €33 | +€33 | |
| Financial charges | 65/66B | €1,513 | €2,375 | +€862 | +57.0% |
| Recurring financial charges | 65 | €1,513 | €2,375 | +€862 | +57.0% |
| Profit (loss) for the period before taxes | 9903 | -€20,268 | -€18,096 | +€2,171 | +10.7% |
| Profit (loss) for the period | 9904 | -€20,268 | -€18,096 | +€2,171 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,268 | -€18,096 | +€2,171 | +10.7% |
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 11 October 2026 via checked.be.