UPside+: 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.
UPside+
Largest movements
- Tangible fixed assets +€22,587
up €22,587 (+3961.3%), from €570 to €23,157
of which Furniture and vehicles: +€22,587
- Receivables within one year -€7,977
down €7,977 (-27.4%), from €29,158 to €21,181
of which Other amounts receivable: -€11,002
- Cash -€1,713
down €1,713 (-67.6%), from €2,533 to €820
mainly Investment in fixed assets (net) (-€21,839) and Net result for the year (-€11,822)
- Financial fixed assets -€1,510
down €1,510 (-100.0%), from €1,510 to €0
- Other debts +€23,500
up €23,500 (+713.2%), from €3,295 to €26,795
- Reserves -€11,822
down €11,822 (-50.5%), from €23,404 to €11,582
of which Distributable reserves: -€11,822
- Gross operating margin +€11,244
up €11,244 (+51.7%), from -€21,732 to -€10,488
- Financial charges -€924
down €924 (-46.1%), from €2,004 to €1,080
- Depreciation -€866
down €866 (-53.2%), from €1,628 to €762
- Financial income -€707
down €707 (-37.0%), from €1,915 to €1,207
- Other operating charges -€249
down €249 (-34.4%), from €724 to €475
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 | €33,833 | €45,280 | +€11,447 | +33.8% |
| Fixed assets | 21/28 | €2,080 | €23,157 | +€21,077 | +1013.2% |
| Tangible fixed assets | 22/27 | €570 | €23,157 | +€22,587 | +3961.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €570 | €23,157 | +€22,587 | +3961.3% |
| Financial fixed assets | 28 | €1,510 | €0 | -€1,510 | -100.0% |
| Current assets | 29/58 | €31,752 | €22,123 | -€9,629 | -30.3% |
| Amounts receivable within one year | 40/41 | €29,158 | €21,181 | -€7,977 | -27.4% |
| Trade receivables | 40 | €0 | €3,025 | +€3,025 | |
| Other amounts receivable | 41 | €29,158 | €18,156 | -€11,002 | -37.7% |
| Current investments | 50/53 | €6 | €6 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,533 | €820 | -€1,713 | -67.6% |
| Deferred charges and accrued income | 490/1 | €55 | €116 | +€60 | +109.1% |
| Total equity and liabilities | 10/49 | €33,833 | €45,280 | +€11,447 | +33.8% |
| Equity | 10/15 | €29,604 | €17,782 | -€11,822 | -39.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €23,404 | €11,582 | -€11,822 | -50.5% |
| Non-distributable reserves | 130/1 | €1,401 | €1,401 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,401 | €1,401 | = | 0.0% |
| Distributable reserves | 133 | €22,004 | €10,181 | -€11,822 | -53.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €4,229 | €27,498 | +€23,269 | +550.3% |
| Amounts payable within one year | 42/48 | €4,229 | €27,498 | +€23,269 | +550.3% |
| Trade debts | 44 | €629 | €462 | -€167 | -26.5% |
| Suppliers | 440/4 | €629 | €462 | -€167 | -26.5% |
| Taxes, remuneration and social security | 45 | €304 | €241 | -€64 | -21.0% |
| Taxes | 450/3 | €304 | €241 | -€64 | -21.0% |
| Other amounts payable | 47/48 | €3,295 | €26,795 | +€23,500 | +713.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,628 | €762 | -€866 | -53.2% |
| Other operating charges | 640/8 | €724 | €475 | -€249 | -34.4% |
| Gross operating margin | 9900 | -€21,732 | -€10,488 | +€11,244 | +51.7% |
| Operating profit (loss) | 9901 | -€24,084 | -€11,726 | +€12,359 | +51.3% |
| Financial income | 75/76B | €1,915 | €1,207 | -€707 | -37.0% |
| Recurring financial income | 75 | €1,915 | €1,207 | -€707 | -37.0% |
| Financial charges | 65/66B | €2,004 | €1,080 | -€924 | -46.1% |
| Recurring financial charges | 65 | €2,004 | €1,080 | -€924 | -46.1% |
| Profit (loss) for the period before taxes | 9903 | -€24,174 | -€11,599 | +€12,575 | +52.0% |
| Income taxes | 67/77 | €304 | €223 | -€81 | -26.7% |
| Profit (loss) for the period | 9904 | -€24,478 | -€11,822 | +€12,656 | +51.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,478 | -€11,822 | +€12,656 | +51.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.