UPSILON INFORMATIQUE: 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.
UPSILON INFORMATIQUE
Largest movements
- Intangible fixed assets -€173,163
down €173,163 (-54.7%), from €316,352 to €143,190
- Receivables within one year -€80,558
down €80,558 (-79.7%), from €101,045 to €20,487
of which Trade receivables: -€55,936
- Cash +€14,763
up €14,763 (+11.7%), from €126,245 to €141,008
mainly Depreciation (+€177,139) and Receivables within one year (+€80,558)
- Profit (loss) carried forward -€286,881
down €286,881, from €98,029 to -€188,852
- Tax, wage and social debts +€35,135
up €35,135 (+52.1%), from €67,438 to €102,573
of which Taxes: +€21,575
- Trade debts +€7,694
up €7,694 (+132.5%), from €5,808 to €13,502
- Staff costs +€120,107
up €120,107 (+17.0%), from €705,966 to €826,073
- Depreciation +€11,648
up €11,648 (+7.0%), from €165,491 to €177,139
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €556,932 | €312,880 | -€244,052 | -43.8% |
| Fixed assets | 21/28 | €326,191 | €151,385 | -€174,806 | -53.6% |
| Intangible fixed assets | 21 | €316,352 | €143,190 | -€173,163 | -54.7% |
| Tangible fixed assets | 22/27 | €9,839 | €8,195 | -€1,644 | -16.7% |
| Plant, machinery and equipment | 23 | €9,839 | - | -€9,839 | |
| Furniture and vehicles | 24 | - | €8,195 | +€8,195 | |
| Current assets | 29/58 | €230,741 | €161,495 | -€69,246 | -30.0% |
| Amounts receivable within one year | 40/41 | €101,045 | €20,487 | -€80,558 | -79.7% |
| Trade receivables | 40 | €64,544 | €8,608 | -€55,936 | -86.7% |
| Other amounts receivable | 41 | €36,501 | €11,879 | -€24,622 | -67.5% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €126,245 | €141,008 | +€14,763 | +11.7% |
| Deferred charges and accrued income | 490/1 | €3,451 | €0 | -€3,451 | -100.0% |
| Total equity and liabilities | 10/49 | €556,932 | €312,880 | -€244,052 | -43.8% |
| Equity | 10/15 | €483,686 | €196,805 | -€286,881 | -59.3% |
| Contributions | 10/11 | €350,000 | €350,000 | = | 0.0% |
| Capital | 10 | €350,000 | €350,000 | = | 0.0% |
| Issued capital | 100 | €350,000 | €350,000 | = | 0.0% |
| Reserves | 13 | €35,656 | €35,656 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,356 | €19,356 | = | 0.0% |
| Legal reserve | 130 | €19,356 | €19,356 | = | 0.0% |
| Distributable reserves | 133 | €16,300 | €16,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,029 | -€188,852 | -€286,881 | |
| Amounts payable | 17/49 | €73,246 | €116,075 | +€42,829 | +58.5% |
| Amounts payable within one year | 42/48 | €73,246 | €116,075 | +€42,829 | +58.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,808 | €13,502 | +€7,694 | +132.5% |
| Suppliers | 440/4 | €5,808 | €13,502 | +€7,694 | +132.5% |
| Taxes, remuneration and social security | 45 | €67,438 | €102,573 | +€35,135 | +52.1% |
| Taxes | 450/3 | €6,980 | €28,556 | +€21,575 | +309.1% |
| Remuneration and social security | 454/9 | €60,458 | €74,018 | +€13,560 | +22.4% |
| Remuneration, social security and pensions | 62 | €705,966 | €826,073 | +€120,107 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €165,491 | €177,139 | +€11,648 | +7.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €713,135 | €716,579 | +€3,445 | +0.5% |
| Operating profit (loss) | 9901 | -€158,827 | -€287,153 | -€128,325 | -80.8% |
| Financial income | 75/76B | €4,320 | €945 | -€3,375 | -78.1% |
| Recurring financial income | 75 | €4,320 | €945 | -€3,375 | -78.1% |
| Financial charges | 65/66B | €841 | €365 | -€475 | -56.6% |
| Recurring financial charges | 65 | €841 | €365 | -€475 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | -€155,348 | -€286,573 | -€131,224 | -84.5% |
| Income taxes | 67/77 | €238 | €308 | +€70 | +29.5% |
| Profit (loss) for the period | 9904 | -€155,586 | -€286,881 | -€131,295 | -84.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€155,586 | -€286,881 | -€131,295 | -84.4% |
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.