UPLOGIST: 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.
UPLOGIST
Largest movements
- Receivables within one year +€8,883
up €8,883 (+45.9%), from €19,357 to €28,241
of which Other amounts receivable: +€21,059
- Tangible fixed assets +€4,570
up €4,570 (+783%), from €584 to €5,154
of which Land and buildings: +€5,036
- Cash +€524
up €524 (+26.1%), from €2,011 to €2,536
mainly Net result for the year (+€32,059) and Tax, wage and social debts (+€19,136)
- Profit (loss) carried forward +€32,059
up €32,059 (+16.8%), from -€190,504 to -€158,444
- Trade debts -€25,933
down €25,933 (-83.5%), from €31,054 to €5,121
of which Suppliers: -€25,933
- Tax, wage and social debts +€19,136
up €19,136 (+161%), from €11,866 to €31,002
- Other debts -€6,511
no longer reported in 2025 (was €6,511)
- Debts after one year -€4,636
no longer reported in 2025 (was €4,636)
- Gross operating margin +€57,719
up €57,719, from -€20,400 to €37,319
- Financial income -€2,423
down €2,423 (-69.2%), from €3,504 to €1,081
- Financial charges +€642
up €642 (+18.9%), from €3,395 to €4,037
- Taxes +€532
new in 2025: €532
- Depreciation -€469
down €469 (-46.9%), from €998 to €530
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 | €26,063 | €40,178 | +€14,116 | +54.2% |
| Fixed assets | 21/28 | €4,694 | €9,264 | +€4,570 | +97.4% |
| Tangible fixed assets | 22/27 | €584 | €5,154 | +€4,570 | +783% |
| Land and buildings | 22 | - | €5,036 | +€5,036 | |
| Furniture and vehicles | 24 | €584 | €118 | -€466 | -79.7% |
| Financial fixed assets | 28 | €4,110 | €4,110 | = | 0.0% |
| Current assets | 29/58 | €21,369 | €30,914 | +€9,546 | +44.7% |
| Amounts receivable within one year | 40/41 | €19,357 | €28,241 | +€8,883 | +45.9% |
| Trade receivables | 40 | €19,307 | €7,132 | -€12,175 | -63.1% |
| Other amounts receivable | 41 | €50 | €21,109 | +€21,059 | +41,792% |
| Cash at bank and in hand | 54/58 | €2,011 | €2,536 | +€524 | +26.1% |
| Deferred charges and accrued income | 490/1 | - | €138 | +€138 | |
| Total equity and liabilities | 10/49 | €26,063 | €40,178 | +€14,116 | +54.2% |
| Equity | 10/15 | -€28,004 | €4,056 | +€32,059 | |
| Reserves | 13 | €162,500 | €162,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €162,500 | €162,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €162,500 | €162,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€190,504 | -€158,444 | +€32,059 | +16.8% |
| Amounts payable | 17/49 | €54,066 | €36,123 | -€17,944 | -33.2% |
| Amounts payable after more than one year | 17 | €4,636 | - | -€4,636 | |
| Trade debts | 175 | €4,636 | - | -€4,636 | |
| Amounts payable within one year | 42/48 | €49,431 | €36,123 | -€13,308 | -26.9% |
| Trade debts | 44 | €31,054 | €5,121 | -€25,933 | -83.5% |
| Suppliers | 440/4 | €27,940 | €2,008 | -€25,933 | -92.8% |
| Bills of exchange payable | 441 | €3,113 | €3,113 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €11,866 | €31,002 | +€19,136 | +161% |
| Taxes | 450/3 | €11,866 | €31,002 | +€19,136 | +161% |
| Other amounts payable | 47/48 | €6,511 | - | -€6,511 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €998 | €530 | -€469 | -46.9% |
| Other operating charges | 640/8 | €1,193 | €1,241 | +€49 | +4.1% |
| Gross operating margin | 9900 | -€20,400 | €37,319 | +€57,719 | |
| Operating profit (loss) | 9901 | -€22,591 | €35,548 | +€58,139 | |
| Financial income | 75/76B | €3,504 | €1,081 | -€2,423 | -69.2% |
| Recurring financial income | 75 | €3,504 | €1,081 | -€2,423 | -69.2% |
| Financial charges | 65/66B | €3,395 | €4,037 | +€642 | +18.9% |
| Recurring financial charges | 65 | €3,395 | €4,037 | +€642 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | -€22,482 | €32,591 | +€55,074 | |
| Income taxes | 67/77 | - | €532 | +€532 | |
| Profit (loss) for the period | 9904 | -€22,482 | €32,059 | +€54,542 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,482 | €32,059 | +€54,542 |
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 20 October 2026 via checked.be.