UPTECH: 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.
UPTECH
Largest movements
- Receivables within one year +€22,654
up €22,654 (+124.9%), from €18,140 to €40,794
of which Other amounts receivable: +€27,000
- Cash -€3,813
down €3,813 (-13.5%), from €28,144 to €24,331
mainly Receivables within one year (-€22,654) and Trade debts (-€7,659)
- Tangible fixed assets -€1,655
down €1,655 (-21.8%), from €7,585 to €5,930
- Reserves +€24,476
up €24,476 (+52.1%), from €46,995 to €71,471
- Trade debts -€7,659
down €7,659 (-66.8%), from €11,458 to €3,799
- Other debts -€1,191
down €1,191 (-30.0%), from €3,967 to €2,776
- Tax, wage and social debts +€1,159
up €1,159 (+5.6%), from €20,789 to €21,948
of which Remuneration and social security: +€2,194
- Gross operating margin +€3,531
up €3,531 (+11.2%), from €31,607 to €35,138
- Taxes +€907
up €907 (+15.2%), from €5,945 to €6,852
- Financial income +€720
up €720 (+160.0%), from €450 to €1,170
- Financial charges +€478
up €478 (+22.6%), from €2,115 to €2,593
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 | €86,300 | €103,495 | +€17,195 | +19.9% |
| Fixed assets | 21/28 | €7,585 | €5,930 | -€1,655 | -21.8% |
| Tangible fixed assets | 22/27 | €7,585 | €5,930 | -€1,655 | -21.8% |
| Plant, machinery and equipment | 23 | €7,585 | €5,930 | -€1,655 | -21.8% |
| Current assets | 29/58 | €78,715 | €97,564 | +€18,850 | +23.9% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,140 | €40,794 | +€22,654 | +124.9% |
| Trade receivables | 40 | €18,140 | €13,794 | -€4,346 | -24.0% |
| Other amounts receivable | 41 | - | €27,000 | +€27,000 | |
| Cash at bank and in hand | 54/58 | €28,144 | €24,331 | -€3,813 | -13.5% |
| Deferred charges and accrued income | 490/1 | €2,431 | €2,439 | +€8 | +0.3% |
| Total equity and liabilities | 10/49 | €86,300 | €103,495 | +€17,195 | +19.9% |
| Equity | 10/15 | €49,995 | €74,471 | +€24,476 | +49.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €46,995 | €71,471 | +€24,476 | +52.1% |
| Distributable reserves | 133 | €46,995 | €71,471 | +€24,476 | +52.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €36,305 | €29,023 | -€7,282 | -20.1% |
| Amounts payable within one year | 42/48 | €36,215 | €28,523 | -€7,692 | -21.2% |
| Trade debts | 44 | €11,458 | €3,799 | -€7,659 | -66.8% |
| Suppliers | 440/4 | €11,458 | €3,799 | -€7,659 | -66.8% |
| Taxes, remuneration and social security | 45 | €20,789 | €21,948 | +€1,159 | +5.6% |
| Taxes | 450/3 | €20,789 | €19,755 | -€1,035 | -5.0% |
| Remuneration and social security | 454/9 | - | €2,194 | +€2,194 | |
| Other amounts payable | 47/48 | €3,967 | €2,776 | -€1,191 | -30.0% |
| Accrued charges and deferred income | 492/3 | €90 | €500 | +€410 | +455.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,559 | €1,655 | +€96 | +6.2% |
| Other operating charges | 640/8 | €491 | €732 | +€241 | +49.1% |
| Gross operating margin | 9900 | €31,607 | €35,138 | +€3,531 | +11.2% |
| Operating profit (loss) | 9901 | €29,558 | €32,751 | +€3,193 | +10.8% |
| Financial income | 75/76B | €450 | €1,170 | +€720 | +160.0% |
| Recurring financial income | 75 | €450 | €1,170 | +€720 | +160.0% |
| Financial charges | 65/66B | €2,115 | €2,593 | +€478 | +22.6% |
| Recurring financial charges | 65 | €2,115 | €2,593 | +€478 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | €27,893 | €31,328 | +€3,435 | +12.3% |
| Income taxes | 67/77 | €5,945 | €6,852 | +€907 | +15.2% |
| Profit (loss) for the period | 9904 | €21,948 | €24,476 | +€2,529 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,948 | €24,476 | +€2,529 | +11.5% |
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.