UPSIDR: 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.
UPSIDR
Largest movements
- Cash +€15,604
up €15,604 (+126.3%), from €12,354 to €27,958
mainly Net result for the year (+€15,156) and Tax, wage and social debts (+€4,167)
- Current investments +€5,827
new in 2025: €5,827
- Receivables within one year -€1,632
down €1,632 (-26.0%), from €6,272 to €4,640
of which Other amounts receivable: -€3,619
- Tangible fixed assets -€991
down €991 (-30.8%), from €3,215 to €2,224
- Profit (loss) carried forward +€15,156
up €15,156 (+115.6%), from €13,114 to €28,269
- Tax, wage and social debts +€4,167
up €4,167 (+54.7%), from €7,614 to €11,781
of which Taxes: +€8,076
- Trade debts -€597
down €597 (-50.4%), from €1,186 to €589
- Gross operating margin +€2,510
up €2,510 (+12.9%), from €19,470 to €21,980
- Taxes +€1,495
up €1,495 (+40.4%), from €3,704 to €5,199
- Financial charges -€711
down €711 (-78.2%), from €910 to €199
- Other operating charges -€478
down €478 (-47.7%), from €1,002 to €524
- Financial income -€244
down €244 (-73.4%), from €333 to €89
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 | €24,413 | €43,138 | +€18,725 | +76.7% |
| Fixed assets | 21/28 | €3,215 | €2,224 | -€991 | -30.8% |
| Tangible fixed assets | 22/27 | €3,215 | €2,224 | -€991 | -30.8% |
| Furniture and vehicles | 24 | €3,215 | €2,224 | -€991 | -30.8% |
| Current assets | 29/58 | €21,197 | €40,914 | +€19,717 | +93.0% |
| Amounts receivable within one year | 40/41 | €6,272 | €4,640 | -€1,632 | -26.0% |
| Trade receivables | 40 | €750 | €2,737 | +€1,987 | +264.9% |
| Other amounts receivable | 41 | €5,522 | €1,903 | -€3,619 | -65.5% |
| Current investments | 50/53 | - | €5,827 | +€5,827 | |
| Cash at bank and in hand | 54/58 | €12,354 | €27,958 | +€15,604 | +126.3% |
| Deferred charges and accrued income | 490/1 | €2,572 | €2,490 | -€82 | -3.2% |
| Total equity and liabilities | 10/49 | €24,413 | €43,138 | +€18,725 | +76.7% |
| Equity | 10/15 | €15,614 | €30,769 | +€15,156 | +97.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,114 | €28,269 | +€15,156 | +115.6% |
| Amounts payable | 17/49 | €8,799 | €12,369 | +€3,570 | +40.6% |
| Amounts payable within one year | 42/48 | €8,799 | €12,369 | +€3,570 | +40.6% |
| Trade debts | 44 | €1,186 | €589 | -€597 | -50.4% |
| Suppliers | 440/4 | €1,186 | €589 | -€597 | -50.4% |
| Taxes, remuneration and social security | 45 | €7,614 | €11,781 | +€4,167 | +54.7% |
| Taxes | 450/3 | €3,704 | €11,781 | +€8,076 | +218.0% |
| Remuneration and social security | 454/9 | €3,910 | - | -€3,910 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,073 | €991 | -€82 | -7.6% |
| Other operating charges | 640/8 | €1,002 | €524 | -€478 | -47.7% |
| Gross operating margin | 9900 | €19,470 | €21,980 | +€2,510 | +12.9% |
| Operating profit (loss) | 9901 | €17,395 | €20,465 | +€3,070 | +17.6% |
| Financial income | 75/76B | €333 | €89 | -€244 | -73.4% |
| Recurring financial income | 75 | €333 | €89 | -€244 | -73.4% |
| Financial charges | 65/66B | €910 | €199 | -€711 | -78.2% |
| Recurring financial charges | 65 | €910 | €199 | -€711 | -78.2% |
| Profit (loss) for the period before taxes | 9903 | €16,818 | €20,354 | +€3,537 | +21.0% |
| Income taxes | 67/77 | €3,704 | €5,199 | +€1,495 | +40.4% |
| Profit (loss) for the period | 9904 | €13,114 | €15,156 | +€2,042 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,114 | €15,156 | +€2,042 | +15.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.