UpSide Finance: 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 Finance
Largest movements
- Tangible fixed assets +€69,059
new in 2025: €69,059
- Current investments +€14,988
new in 2025: €14,988
- Cash +€5,628
up €5,628 (+5633.0%), from €100 to €5,728
mainly Debts after one year (+€45,955) and Net result for the year (+€37,689)
- Deferred charges and accrued income +€3,118
up €3,118 (+2021.8%), from €154 to €3,272
- Financial fixed assets +€2,795
up €2,795 (+9.6%), from €29,257 to €32,052
- Debts after one year +€45,955
up €45,955 (+198.5%), from €23,151 to €69,106
- Profit (loss) carried forward +€18,689
up €18,689 (+885.9%), from €2,110 to €20,799
- Tax, wage and social debts +€16,473
up €16,473 (+1836.6%), from €897 to €17,370
- Current portion of long-term debt +€13,816
up €13,816 (+404.9%), from €3,413 to €17,229
- Gross operating margin +€62,719
up €62,719 (+11563.3%), from €542 to €63,262
- Taxes +€10,760
up €10,760 (+15570.0%), from €69 to €10,830
- Depreciation +€10,310
up €10,310 (+5251.7%), from €196 to €10,506
- Turnover -€5,996
no longer reported in 2025 (was €5,996)
- Purchases and services -€5,454
no longer reported in 2025 (was €5,454)
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 | €31,777 | €126,998 | +€95,221 | +299.7% |
| Formation expenses | 20 | €1,452 | €1,134 | -€318 | -21.9% |
| Fixed assets | 21/28 | €29,257 | €101,111 | +€71,854 | +245.6% |
| Tangible fixed assets | 22/27 | - | €69,059 | +€69,059 | |
| Furniture and vehicles | 24 | - | €69,059 | +€69,059 | |
| Financial fixed assets | 28 | €29,257 | €32,052 | +€2,795 | +9.6% |
| Current assets | 29/58 | €1,069 | €24,753 | +€23,684 | +2216.0% |
| Amounts receivable within one year | 40/41 | €815 | €765 | -€49 | -6.1% |
| Trade receivables | 40 | €815 | - | -€815 | |
| Other amounts receivable | 41 | - | €765 | +€765 | |
| Current investments | 50/53 | - | €14,988 | +€14,988 | |
| Cash at bank and in hand | 54/58 | €100 | €5,728 | +€5,628 | +5633.0% |
| Deferred charges and accrued income | 490/1 | €154 | €3,272 | +€3,118 | +2021.8% |
| Total equity and liabilities | 10/49 | €31,777 | €126,998 | +€95,221 | +299.7% |
| Equity | 10/15 | €4,110 | €22,799 | +€18,689 | +454.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,110 | €20,799 | +€18,689 | +885.9% |
| Amounts payable | 17/49 | €27,667 | €104,199 | +€76,531 | +276.6% |
| Amounts payable after more than one year | 17 | €23,151 | €69,106 | +€45,955 | +198.5% |
| Financial debts | 170/4 | €23,151 | €69,106 | +€45,955 | +198.5% |
| Amounts payable within one year | 42/48 | €4,375 | €35,039 | +€30,663 | +700.8% |
| Current portion of amounts payable after more than one year | 42 | €3,413 | €17,229 | +€13,816 | +404.9% |
| Trade debts | 44 | €66 | €440 | +€374 | +569.8% |
| Suppliers | 440/4 | €66 | €440 | +€374 | +569.8% |
| Taxes, remuneration and social security | 45 | €897 | €17,370 | +€16,473 | +1836.6% |
| Taxes | 450/3 | €897 | €17,370 | +€16,473 | +1836.6% |
| Accrued charges and deferred income | 492/3 | €141 | €54 | -€87 | -61.8% |
| Turnover | 70 | €5,996 | - | -€5,996 | |
| Goods, raw materials, services and sundry goods | 60/61 | €5,454 | - | -€5,454 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €196 | €10,506 | +€10,310 | +5251.7% |
| Gross operating margin | 9900 | €542 | €63,262 | +€62,719 | +11563.3% |
| Operating profit (loss) | 9901 | €346 | €52,756 | +€52,410 | +15143.3% |
| Financial income | 75/76B | €2,898 | €527 | -€2,371 | -81.8% |
| Recurring financial income | 75 | €2,898 | €527 | -€2,371 | -81.8% |
| Financial charges | 65/66B | €3,025 | €4,764 | +€1,739 | +57.5% |
| Recurring financial charges | 65 | €3,025 | €4,764 | +€1,739 | +57.5% |
| Profit (loss) for the period before taxes | 9903 | €219 | €48,519 | +€48,299 | +22010.2% |
| Income taxes | 67/77 | €69 | €10,830 | +€10,760 | +15570.0% |
| Profit (loss) for the period | 9904 | €150 | €37,689 | +€37,539 | +24971.0% |
| Profit (loss) for the period to be appropriated | 9905 | €150 | €37,689 | +€37,539 | +24971.0% |
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.