Upovino: 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.
Upovino
Largest movements
- Cash +€114
up €114 (+16.4%), from €695 to €809
mainly Receivables within one year (+€113) and Net result for the year (+€1)
- Receivables within one year -€113
down €113 (-14.2%), from €796 to €683
of which Other amounts receivable: -€113
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€79
down €79 (-13.5%), from €589 to €509
- Other operating charges -€53
down €53 (-10.2%), from €523 to €469
- Financial charges -€26
down €26 (-39.9%), from €66 to €39
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,517 | €1,518 | +€1 | +0.1% |
| Current assets | 29/58 | €1,517 | €1,518 | +€1 | +0.1% |
| Amounts receivable within one year | 40/41 | €796 | €683 | -€113 | -14.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €796 | €683 | -€113 | -14.2% |
| Cash at bank and in hand | 54/58 | €695 | €809 | +€114 | +16.4% |
| Deferred charges and accrued income | 490/1 | €26 | €27 | +€1 | +3.8% |
| Total equity and liabilities | 10/49 | €1,517 | €1,518 | +€1 | +0.1% |
| Equity | 10/15 | €1,517 | €1,518 | +€1 | +0.1% |
| Contributions | 10/11 | €1,487 | €1,487 | = | 0.0% |
| Reserves | 13 | €4 | €4 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4 | €4 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4 | €4 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25 | €27 | +€1 | +5.8% |
| Amounts payable | 17/49 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €0 | - | = | |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other operating charges | 640/8 | €523 | €469 | -€53 | -10.2% |
| Gross operating margin | 9900 | €589 | €509 | -€79 | -13.5% |
| Operating profit (loss) | 9901 | €66 | €40 | -€26 | -39.5% |
| Financial income | 75/76B | €1 | €1 | = | 0.0% |
| Recurring financial income | 75 | €1 | €1 | = | 0.0% |
| Financial charges | 65/66B | €66 | €39 | -€26 | -39.9% |
| Recurring financial charges | 65 | €66 | €39 | -€26 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | €1 | €1 | +€0 | +8.8% |
| Profit (loss) for the period | 9904 | €1 | €1 | +€0 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1 | €1 | +€0 | +8.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.