UPIT: 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.
UPIT
Largest movements
- Cash +€19,898
up €19,898 (+67.3%), from €29,571 to €49,469
mainly Other debts (+€50,307) and Net result for the year (+€37,144)
- Receivables within one year +€13,126
up €13,126 (+27.4%), from €47,929 to €61,055
of which Trade receivables: +€12,652
- Tangible fixed assets +€4,530
up €4,530 (+1259.0%), from €360 to €4,889
of which Furniture and vehicles: +€4,530
- Deferred charges and accrued income +€1,675
new in 2025: €1,675
- Other debts +€50,307
up €50,307 (+727.0%), from €6,920 to €57,226
- Profit (loss) carried forward -€22,856
down €22,856 (-87.8%), from €26,037 to €3,181
- Trade debts +€10,476
up €10,476 (+273.9%), from €3,825 to €14,301
- Tax, wage and social debts +€1,301
up €1,301 (+6.2%), from €21,078 to €22,379
of which Remuneration and social security: +€4,300
- Other operating charges -€19,867
down €19,867 (-95.7%), from €20,757 to €890
- Gross operating margin -€5,956
down €5,956 (-11.0%), from €54,387 to €48,430
- Taxes -€925
down €925 (-8.7%), from €10,577 to €9,652
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 | €77,860 | €117,088 | +€39,228 | +50.4% |
| Fixed assets | 21/28 | €360 | €4,889 | +€4,530 | +1259.0% |
| Tangible fixed assets | 22/27 | €360 | €4,889 | +€4,530 | +1259.0% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €360 | €4,889 | +€4,530 | +1259.0% |
| Current assets | 29/58 | €77,500 | €112,199 | +€34,698 | +44.8% |
| Amounts receivable within one year | 40/41 | €47,929 | €61,055 | +€13,126 | +27.4% |
| Trade receivables | 40 | €47,929 | €60,581 | +€12,652 | +26.4% |
| Other amounts receivable | 41 | €0 | €474 | +€474 | |
| Cash at bank and in hand | 54/58 | €29,571 | €49,469 | +€19,898 | +67.3% |
| Deferred charges and accrued income | 490/1 | - | €1,675 | +€1,675 | |
| Total equity and liabilities | 10/49 | €77,860 | €117,088 | +€39,228 | +50.4% |
| Equity | 10/15 | €46,037 | €23,181 | -€22,856 | -49.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €17,500 | €17,500 | = | 0.0% |
| Distributable reserves | 133 | €17,500 | €17,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,037 | €3,181 | -€22,856 | -87.8% |
| Amounts payable | 17/49 | €31,823 | €93,907 | +€62,084 | +195.1% |
| Amounts payable within one year | 42/48 | €31,823 | €93,907 | +€62,084 | +195.1% |
| Trade debts | 44 | €3,825 | €14,301 | +€10,476 | +273.9% |
| Suppliers | 440/4 | €3,825 | €14,301 | +€10,476 | +273.9% |
| Taxes, remuneration and social security | 45 | €21,078 | €22,379 | +€1,301 | +6.2% |
| Taxes | 450/3 | €16,078 | €13,079 | -€2,999 | -18.7% |
| Remuneration and social security | 454/9 | €5,000 | €9,300 | +€4,300 | +86.0% |
| Other amounts payable | 47/48 | €6,920 | €57,226 | +€50,307 | +727.0% |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €594 | €343 | -€251 | -42.3% |
| Other operating charges | 640/8 | €20,757 | €890 | -€19,867 | -95.7% |
| Gross operating margin | 9900 | €54,387 | €48,430 | -€5,956 | -11.0% |
| Operating profit (loss) | 9901 | €33,036 | €47,198 | +€14,161 | +42.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €280 | €401 | +€122 | +43.5% |
| Recurring financial charges | 65 | €280 | €401 | +€122 | +43.5% |
| Profit (loss) for the period before taxes | 9903 | €32,757 | €46,797 | +€14,040 | +42.9% |
| Income taxes | 67/77 | €10,577 | €9,652 | -€925 | -8.7% |
| Profit (loss) for the period | 9904 | €22,180 | €37,144 | +€14,964 | +67.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,180 | €37,144 | +€14,964 | +67.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.