UPSITE DEVELOPMENT: 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.
UPSITE DEVELOPMENT
Largest movements
- Cash -€26,926
down €26,926 (-59.5%), from €45,242 to €18,316
mainly Contributions, distributions and other (-€35,000) and Tax, wage and social debts (-€625)
- Tangible fixed assets -€5,823
down €5,823 (-60.0%), from €9,705 to €3,882
of which Furniture and vehicles: -€4,999
- Profit (loss) carried forward -€32,127
down €32,127 (-63.6%), from €50,531 to €18,404
- Tax, wage and social debts -€625
down €625 (-25.6%), from €2,441 to €1,816
- Gross operating margin +€15,481
up €15,481, from -€6,382 to €9,099
- Financial income +€108
up €108 (+66.2%), from €163 to €270
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 | €54,972 | €22,239 | -€32,733 | -59.5% |
| Fixed assets | 21/28 | €9,705 | €3,882 | -€5,823 | -60.0% |
| Tangible fixed assets | 22/27 | €9,705 | €3,882 | -€5,823 | -60.0% |
| Plant, machinery and equipment | 23 | €1,373 | €549 | -€824 | -60.0% |
| Furniture and vehicles | 24 | €8,332 | €3,333 | -€4,999 | -60.0% |
| Current assets | 29/58 | €45,267 | €18,356 | -€26,910 | -59.4% |
| Amounts receivable within one year | 40/41 | €24 | €41 | +€16 | +66.2% |
| Other amounts receivable | 41 | €24 | €41 | +€16 | +66.2% |
| Cash at bank and in hand | 54/58 | €45,242 | €18,316 | -€26,926 | -59.5% |
| Total equity and liabilities | 10/49 | €54,972 | €22,239 | -€32,733 | -59.5% |
| Equity | 10/15 | €52,531 | €20,404 | -€32,127 | -61.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,531 | €18,404 | -€32,127 | -63.6% |
| Amounts payable | 17/49 | €2,441 | €1,834 | -€606 | -24.8% |
| Amounts payable within one year | 42/48 | €2,441 | €1,834 | -€606 | -24.8% |
| Trade debts | 44 | - | €19 | +€19 | |
| Suppliers | 440/4 | - | €19 | +€19 | |
| Taxes, remuneration and social security | 45 | €2,441 | €1,816 | -€625 | -25.6% |
| Taxes | 450/3 | €2,441 | €1,816 | -€625 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,823 | €5,823 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€6,382 | €9,099 | +€15,481 | |
| Operating profit (loss) | 9901 | -€12,592 | €2,877 | +€15,469 | |
| Financial income | 75/76B | €163 | €270 | +€108 | +66.2% |
| Recurring financial income | 75 | €163 | €270 | +€108 | +66.2% |
| Financial charges | 65/66B | €161 | €152 | -€8 | -5.2% |
| Recurring financial charges | 65 | €161 | €152 | -€8 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€12,590 | €2,995 | +€15,585 | |
| Income taxes | 67/77 | €47 | €122 | +€75 | +158.6% |
| Profit (loss) for the period | 9904 | -€12,637 | €2,873 | +€15,510 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,637 | €2,873 | +€15,510 |
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 7 October 2026 via checked.be.