UPLIFTED: 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.
UPLIFTED
Largest movements
- Cash +€179,384
up €179,384 (+61.3%), from €292,809 to €472,193
mainly Net result for the year (+€156,022) and Trade debts (+€26,261)
- Tangible fixed assets +€29,530
up €29,530 (+193.4%), from €15,266 to €44,796
of which Furniture and vehicles: +€26,697
- Receivables within one year -€17,076
down €17,076 (-24.0%), from €71,026 to €53,950
of which Trade receivables: -€17,775
- Reserves +€156,022
up €156,022 (+48.7%), from €320,652 to €476,674
- Trade debts +€26,261
up €26,261 (+286.7%), from €9,160 to €35,421
- Tax, wage and social debts +€8,872
up €8,872 (+22.1%), from €40,168 to €49,040
of which Taxes: +€5,838
- Gross operating margin +€36,184
up €36,184 (+11.2%), from €322,956 to €359,141
- Staff costs +€26,522
up €26,522 (+29.9%), from €88,738 to €115,260
- Depreciation +€6,699
up €6,699 (+83.0%), from €8,075 to €14,774
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 | €396,414 | €585,394 | +€188,980 | +47.7% |
| Fixed assets | 21/28 | €23,515 | €49,441 | +€25,926 | +110.3% |
| Intangible fixed assets | 21 | €8,249 | €4,645 | -€3,604 | -43.7% |
| Tangible fixed assets | 22/27 | €15,266 | €44,796 | +€29,530 | +193.4% |
| Plant, machinery and equipment | 23 | - | €4,701 | +€4,701 | |
| Furniture and vehicles | 24 | €6,092 | €32,789 | +€26,697 | +438.2% |
| Other tangible fixed assets | 26 | €9,174 | €7,305 | -€1,869 | -20.4% |
| Current assets | 29/58 | €372,899 | €535,953 | +€163,054 | +43.7% |
| Stocks and contracts in progress | 3 | €2,312 | €2,502 | +€190 | +8.2% |
| Stocks | 30/36 | €2,312 | €2,502 | +€190 | +8.2% |
| Amounts receivable within one year | 40/41 | €71,026 | €53,950 | -€17,076 | -24.0% |
| Trade receivables | 40 | €70,556 | €52,781 | -€17,775 | -25.2% |
| Other amounts receivable | 41 | €470 | €1,169 | +€699 | +148.7% |
| Cash at bank and in hand | 54/58 | €292,809 | €472,193 | +€179,384 | +61.3% |
| Deferred charges and accrued income | 490/1 | €6,752 | €7,308 | +€556 | +8.2% |
| Total equity and liabilities | 10/49 | €396,414 | €585,394 | +€188,980 | +47.7% |
| Equity | 10/15 | €323,652 | €479,674 | +€156,022 | +48.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €320,652 | €476,674 | +€156,022 | +48.7% |
| Distributable reserves | 133 | €320,652 | €476,674 | +€156,022 | +48.7% |
| Amounts payable | 17/49 | €72,762 | €105,720 | +€32,958 | +45.3% |
| Amounts payable within one year | 42/48 | €72,349 | €105,720 | +€33,372 | +46.1% |
| Trade debts | 44 | €9,160 | €35,421 | +€26,261 | +286.7% |
| Suppliers | 440/4 | €9,160 | €35,421 | +€26,261 | +286.7% |
| Advances received on contracts in progress | 46 | €4,903 | €2,288 | -€2,615 | -53.3% |
| Taxes, remuneration and social security | 45 | €40,168 | €49,040 | +€8,872 | +22.1% |
| Taxes | 450/3 | €28,083 | €33,921 | +€5,838 | +20.8% |
| Remuneration and social security | 454/9 | €12,085 | €15,119 | +€3,034 | +25.1% |
| Other amounts payable | 47/48 | €18,118 | €18,971 | +€853 | +4.7% |
| Accrued charges and deferred income | 492/3 | €413 | €0 | -€413 | -100.0% |
| Remuneration, social security and pensions | 62 | €88,738 | €115,260 | +€26,522 | +29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,075 | €14,774 | +€6,699 | +83.0% |
| Other operating charges | 640/8 | €890 | €1,215 | +€324 | +36.4% |
| Non-recurring operating charges | 66A | - | €149 | +€149 | |
| Gross operating margin | 9900 | €322,956 | €359,141 | +€36,184 | +11.2% |
| Operating profit (loss) | 9901 | €225,253 | €227,743 | +€2,490 | +1.1% |
| Financial income | 75/76B | - | €149 | +€149 | |
| Recurring financial income | 75 | - | €149 | +€149 | |
| Financial charges | 65/66B | €1,491 | €1,547 | +€56 | +3.7% |
| Recurring financial charges | 65 | €1,491 | €1,547 | +€56 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €223,762 | €226,345 | +€2,583 | +1.2% |
| Income taxes | 67/77 | €68,838 | €70,323 | +€1,485 | +2.2% |
| Profit (loss) for the period | 9904 | €154,924 | €156,022 | +€1,098 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €154,924 | €156,022 | +€1,098 | +0.7% |
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 6 October 2026 via checked.be.