UPLOSERE: 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.
UPLOSERE
Largest movements
- Tangible fixed assets +€9,155
up €9,155 (+1.3%), from €719,779 to €728,934
- Reserves +€9,097
up €9,097 (+9.1%), from €99,973 to €109,070
of which Distributable reserves: +€8,642
- Gross operating margin +€1,722
up €1,722 (+14.1%), from €12,203 to €13,924
- Taxes +€867
up €867 (+38.6%), from €2,249 to €3,116
- Financial income +€319
up €319 (+18.1%), from €1,759 to €2,077
of which Financial income: +€319
- Depreciation +€314
new in 2025: €314
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 | €871,158 | €880,985 | +€9,827 | +1.1% |
| Fixed assets | 21/28 | €719,779 | €728,934 | +€9,155 | +1.3% |
| Tangible fixed assets | 22/27 | €719,779 | €728,934 | +€9,155 | +1.3% |
| Land and buildings | 22 | €719,779 | €728,934 | +€9,155 | +1.3% |
| Current assets | 29/58 | €151,379 | €152,051 | +€672 | +0.4% |
| Amounts receivable within one year | 40/41 | €279 | €0 | -€279 | -100.0% |
| Other amounts receivable | 41 | €279 | €0 | -€279 | -100.0% |
| Current investments | 50/53 | €110,000 | €110,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €32,239 | €32,411 | +€172 | +0.5% |
| Deferred charges and accrued income | 490/1 | €8,861 | €9,640 | +€779 | +8.8% |
| Total equity and liabilities | 10/49 | €871,158 | €880,985 | +€9,827 | +1.1% |
| Equity | 10/15 | €869,973 | €879,070 | +€9,097 | +1.0% |
| Contributions | 10/11 | €770,000 | €770,000 | = | 0.0% |
| Capital | 10 | €770,000 | €770,000 | = | 0.0% |
| Issued capital | 100 | €770,000 | €770,000 | = | 0.0% |
| Reserves | 13 | €99,973 | €109,070 | +€9,097 | +9.1% |
| Non-distributable reserves | 130/1 | €5,528 | €5,983 | +€455 | +8.2% |
| Legal reserve | 130 | €5,528 | €5,983 | +€455 | +8.2% |
| Distributable reserves | 133 | €94,445 | €103,087 | +€8,642 | +9.2% |
| Amounts payable | 17/49 | €1,185 | €1,915 | +€730 | +61.6% |
| Amounts payable within one year | 42/48 | €1,185 | €1,849 | +€664 | +56.0% |
| Taxes, remuneration and social security | 45 | €0 | €664 | +€664 | |
| Taxes | 450/3 | €0 | €664 | +€664 | |
| Other amounts payable | 47/48 | €1,185 | €1,185 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €66 | +€66 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €314 | +€314 | |
| Other operating charges | 640/8 | €3,279 | €3,382 | +€102 | +3.1% |
| Gross operating margin | 9900 | €12,203 | €13,924 | +€1,722 | +14.1% |
| Operating profit (loss) | 9901 | €8,924 | €10,229 | +€1,305 | +14.6% |
| Financial income | 75/76B | €1,759 | €2,077 | +€319 | +18.1% |
| Recurring financial income | 75 | €1,759 | €2,077 | +€319 | +18.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €92 | €93 | +€2 | +1.6% |
| Recurring financial charges | 65 | €92 | €93 | +€2 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €10,591 | €12,213 | +€1,623 | +15.3% |
| Income taxes | 67/77 | €2,249 | €3,116 | +€867 | +38.6% |
| Profit (loss) for the period | 9904 | €8,342 | €9,097 | +€755 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,342 | €9,097 | +€755 | +9.1% |
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 7 October 2026 via checked.be.