UPPLEY: 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.
UPPLEY
Largest movements
- Cash -€61,548
down €61,548 (-87.6%), from €70,240 to €8,692
mainly Net result for the year (-€45,324) and Trade debts (-€35,111)
- Stocks and contracts -€19,315
down €19,315 (-100.0%), from €19,315 to €0
- Tangible fixed assets -€4,826
down €4,826 (-3.7%), from €129,758 to €124,932
of which Land and buildings: -€4,607
- Profit (loss) carried forward -€45,324
down €45,324 (-52.7%), from €85,968 to €40,645
- Trade debts -€35,111
down €35,111 (-68.5%), from €51,225 to €16,114
- Debts after one year -€6,901
down €6,901 (-74.6%), from €9,256 to €2,355
of which Financial debts: -€9,256
- Other debts +€3,498
up €3,498 (+22.9%), from €15,271 to €18,769
- Gross operating margin -€53,094
down €53,094, from €14,586 to -€38,508
- Staff costs -€2,294
down €2,294 (-100.0%), from €2,294 to €0
- Taxes -€1,856
down €1,856 (-100.0%), from €1,856 to €0
- Financial income +€1,318
up €1,318 (+1122.1%), from €117 to €1,435
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 | €244,382 | €160,363 | -€84,019 | -34.4% |
| Fixed assets | 21/28 | €129,758 | €124,932 | -€4,826 | -3.7% |
| Tangible fixed assets | 22/27 | €129,758 | €124,932 | -€4,826 | -3.7% |
| Land and buildings | 22 | €128,907 | €124,300 | -€4,607 | -3.6% |
| Furniture and vehicles | 24 | €851 | €633 | -€218 | -25.7% |
| Current assets | 29/58 | €114,624 | €35,431 | -€79,193 | -69.1% |
| Stocks and contracts in progress | 3 | €19,315 | €0 | -€19,315 | -100.0% |
| Stocks | 30/36 | €19,315 | €0 | -€19,315 | -100.0% |
| Amounts receivable within one year | 40/41 | €24,009 | €23,839 | -€170 | -0.7% |
| Trade receivables | 40 | €8,212 | €13,661 | +€5,449 | +66.3% |
| Other amounts receivable | 41 | €15,797 | €10,178 | -€5,619 | -35.6% |
| Cash at bank and in hand | 54/58 | €70,240 | €8,692 | -€61,548 | -87.6% |
| Deferred charges and accrued income | 490/1 | €1,059 | €2,899 | +€1,840 | +173.8% |
| Total equity and liabilities | 10/49 | €244,382 | €160,363 | -€84,019 | -34.4% |
| Equity | 10/15 | €157,522 | €112,198 | -€45,324 | -28.8% |
| Contributions | 10/11 | €14,500 | €14,500 | = | 0.0% |
| Reserves | 13 | €57,054 | €57,054 | = | 0.0% |
| Distributable reserves | 133 | €57,054 | €57,054 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,968 | €40,645 | -€45,324 | -52.7% |
| Amounts payable | 17/49 | €86,860 | €48,165 | -€38,695 | -44.5% |
| Amounts payable after more than one year | 17 | €9,256 | €2,355 | -€6,901 | -74.6% |
| Financial debts | 170/4 | €9,256 | €0 | -€9,256 | -100.0% |
| Other amounts payable | 178/9 | - | €2,355 | +€2,355 | |
| Amounts payable within one year | 42/48 | €77,604 | €45,810 | -€31,795 | -41.0% |
| Current portion of amounts payable after more than one year | 42 | €8,910 | €9,256 | +€346 | +3.9% |
| Financial debts | 43 | €891 | €0 | -€891 | -100.0% |
| Credit institutions | 430/8 | €891 | €0 | -€891 | -100.0% |
| Trade debts | 44 | €51,225 | €16,114 | -€35,111 | -68.5% |
| Suppliers | 440/4 | €51,225 | €16,114 | -€35,111 | -68.5% |
| Taxes, remuneration and social security | 45 | €1,308 | €1,671 | +€364 | +27.8% |
| Taxes | 450/3 | €1,308 | €1,671 | +€364 | +27.8% |
| Other amounts payable | 47/48 | €15,271 | €18,769 | +€3,498 | +22.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €2,294 | €0 | -€2,294 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,870 | €4,826 | -€44 | -0.9% |
| Other operating charges | 640/8 | €1,902 | €1,903 | +€1 | 0.0% |
| Gross operating margin | 9900 | €14,586 | -€38,508 | -€53,094 | |
| Operating profit (loss) | 9901 | €5,520 | -€45,237 | -€50,757 | |
| Financial income | 75/76B | €117 | €1,435 | +€1,318 | +1122.1% |
| Recurring financial income | 75 | €117 | €1,435 | +€1,318 | +1122.1% |
| Financial charges | 65/66B | €1,280 | €1,522 | +€242 | +18.9% |
| Recurring financial charges | 65 | €1,280 | €1,522 | +€242 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €4,357 | -€45,324 | -€49,681 | |
| Income taxes | 67/77 | €1,856 | €0 | -€1,856 | -100.0% |
| Profit (loss) for the period | 9904 | €2,502 | -€45,324 | -€47,825 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,502 | -€45,324 | -€47,825 |
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 11 October 2026 via checked.be.