UPSCALE: 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.
UPSCALE
Largest movements
- Cash -€44,922
down €44,922 (-92.8%), from €48,423 to €3,501
mainly Other debts (-€26,402) and Deferred charges and accrued income (-€11,370)
- Deferred charges and accrued income +€11,370
up €11,370 (+206.4%), from €5,508 to €16,878
- Receivables within one year +€5,011
up €5,011 (+624.8%), from €802 to €5,813
of which Trade receivables: +€4,900
- Tangible fixed assets +€4,135
up €4,135 (+54.1%), from €7,639 to €11,774
of which Furniture and vehicles: +€5,186
- Other debts -€26,402
down €26,402 (-98.1%), from €26,927 to €525
- Tax, wage and social debts -€4,328
down €4,328 (-47.2%), from €9,161 to €4,833
- Trade debts +€3,402
up €3,402 (+204.9%), from €1,660 to €5,062
- Profit (loss) carried forward +€1,729
up €1,729 (+16.2%), from €10,664 to €12,393
- Accrued charges and deferred income +€1,193
new in 2025: €1,193
- Gross operating margin -€1,799
down €1,799 (-14.1%), from €12,750 to €10,951
- Financial charges +€1,756
up €1,756 (+547.0%), from €321 to €2,077
- Taxes -€1,584
down €1,584 (-35.1%), from €4,510 to €2,926
- Depreciation +€1,550
up €1,550 (+64.8%), from €2,393 to €3,943
- Other operating charges -€270
down €270 (-40.3%), from €670 to €400
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 | €68,872 | €44,466 | -€24,406 | -35.4% |
| Fixed assets | 21/28 | €14,139 | €18,274 | +€4,135 | +29.2% |
| Tangible fixed assets | 22/27 | €7,639 | €11,774 | +€4,135 | +54.1% |
| Furniture and vehicles | 24 | €4,485 | €9,671 | +€5,186 | +115.6% |
| Other tangible fixed assets | 26 | €3,154 | €2,103 | -€1,051 | -33.3% |
| Financial fixed assets | 28 | €6,500 | €6,500 | = | 0.0% |
| Current assets | 29/58 | €54,733 | €26,192 | -€28,541 | -52.1% |
| Amounts receivable within one year | 40/41 | €802 | €5,813 | +€5,011 | +624.8% |
| Trade receivables | 40 | €802 | €5,702 | +€4,900 | +611.0% |
| Other amounts receivable | 41 | - | €111 | +€111 | |
| Cash at bank and in hand | 54/58 | €48,423 | €3,501 | -€44,922 | -92.8% |
| Deferred charges and accrued income | 490/1 | €5,508 | €16,878 | +€11,370 | +206.4% |
| Total equity and liabilities | 10/49 | €68,872 | €44,466 | -€24,406 | -35.4% |
| Equity | 10/15 | €31,124 | €32,853 | +€1,729 | +5.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,664 | €12,393 | +€1,729 | +16.2% |
| Amounts payable | 17/49 | €37,748 | €11,613 | -€26,135 | -69.2% |
| Amounts payable within one year | 42/48 | €37,748 | €10,420 | -€27,328 | -72.4% |
| Trade debts | 44 | €1,660 | €5,062 | +€3,402 | +204.9% |
| Suppliers | 440/4 | €1,660 | €5,062 | +€3,402 | +204.9% |
| Taxes, remuneration and social security | 45 | €9,161 | €4,833 | -€4,328 | -47.2% |
| Taxes | 450/3 | €9,161 | €4,833 | -€4,328 | -47.2% |
| Other amounts payable | 47/48 | €26,927 | €525 | -€26,402 | -98.1% |
| Accrued charges and deferred income | 492/3 | - | €1,193 | +€1,193 | |
| Non-recurring operating income | 76A | - | €744 | +€744 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,393 | €3,943 | +€1,550 | +64.8% |
| Other operating charges | 640/8 | €670 | €400 | -€270 | -40.3% |
| Gross operating margin | 9900 | €12,750 | €10,951 | -€1,799 | -14.1% |
| Operating profit (loss) | 9901 | €9,687 | €6,608 | -€3,079 | -31.8% |
| Financial income | 75/76B | €38 | €124 | +€86 | +226.3% |
| Recurring financial income | 75 | €38 | €124 | +€86 | +226.3% |
| Financial charges | 65/66B | €321 | €2,077 | +€1,756 | +547.0% |
| Recurring financial charges | 65 | €321 | €2,077 | +€1,756 | +547.0% |
| Profit (loss) for the period before taxes | 9903 | €9,404 | €4,655 | -€4,749 | -50.5% |
| Income taxes | 67/77 | €4,510 | €2,926 | -€1,584 | -35.1% |
| Profit (loss) for the period | 9904 | €4,894 | €1,729 | -€3,165 | -64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,894 | €1,729 | -€3,165 | -64.7% |
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 28 September 2026 via checked.be.