UPTIMIST: 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.
UPTIMIST
Largest movements
- Cash +€23,208
up €23,208 (+47.1%), from €49,282 to €72,490
mainly Tax, wage and social debts (+€14,283) and Net result for the year (+€11,950)
- Tangible fixed assets -€10,786
down €10,786 (-42.5%), from €25,365 to €14,579
of which Leasing and similar rights: -€9,315
- Receivables within one year +€5,931
up €5,931 (+77.5%), from €7,653 to €13,585
of which Trade receivables: +€7,685
- Tax, wage and social debts +€14,283
new in 2025: €14,283
of which Taxes: +€13,584
- Profit (loss) carried forward +€11,285
no longer reported in 2025 (was -€11,285)
- Current portion of long-term debt -€5,160
down €5,160 (-66.4%), from €7,766 to €2,606
- Debts after one year -€3,042
down €3,042 (-59.5%), from €5,109 to €2,068
of which Financial debts: -€2,606
- Gross operating margin +€27,206
up €27,206 (+1214.3%), from €2,240 to €29,446
- Taxes +€4,607
up €4,607 (+841.5%), from €547 to €5,154
- Depreciation -€361
down €361 (-3.2%), from €11,148 to €10,786
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 | €83,633 | €101,694 | +€18,061 | +21.6% |
| Fixed assets | 21/28 | €25,365 | €14,579 | -€10,786 | -42.5% |
| Tangible fixed assets | 22/27 | €25,365 | €14,579 | -€10,786 | -42.5% |
| Plant, machinery and equipment | 23 | €1,002 | €724 | -€277 | -27.7% |
| Furniture and vehicles | 24 | €2,671 | €1,477 | -€1,194 | -44.7% |
| Leasing and similar rights | 25 | €21,693 | €12,378 | -€9,315 | -42.9% |
| Current assets | 29/58 | €58,268 | €87,115 | +€28,847 | +49.5% |
| Amounts receivable within one year | 40/41 | €7,653 | €13,585 | +€5,931 | +77.5% |
| Trade receivables | 40 | - | €7,685 | +€7,685 | |
| Other amounts receivable | 41 | €7,653 | €5,900 | -€1,753 | -22.9% |
| Cash at bank and in hand | 54/58 | €49,282 | €72,490 | +€23,208 | +47.1% |
| Deferred charges and accrued income | 490/1 | €1,333 | €1,040 | -€293 | -21.9% |
| Total equity and liabilities | 10/49 | €83,633 | €101,694 | +€18,061 | +21.6% |
| Equity | 10/15 | €69,118 | €81,068 | +€11,950 | +17.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €75,402 | €76,068 | +€665 | +0.9% |
| Distributable reserves | 133 | €75,402 | €76,068 | +€665 | +0.9% |
| Profit (loss) carried forward | 14 | -€11,285 | - | +€11,285 | |
| Amounts payable | 17/49 | €14,516 | €20,627 | +€6,111 | +42.1% |
| Amounts payable after more than one year | 17 | €5,109 | €2,068 | -€3,042 | -59.5% |
| Financial debts | 170/4 | €2,606 | - | -€2,606 | |
| Other amounts payable | 178/9 | €2,503 | €2,068 | -€436 | -17.4% |
| Amounts payable within one year | 42/48 | €9,406 | €18,559 | +€9,153 | +97.3% |
| Current portion of amounts payable after more than one year | 42 | €7,766 | €2,606 | -€5,160 | -66.4% |
| Financial debts | 43 | €29 | - | -€29 | |
| Credit institutions | 430/8 | €29 | - | -€29 | |
| Trade debts | 44 | €1,610 | €1,670 | +€59 | +3.7% |
| Suppliers | 440/4 | €1,610 | €1,670 | +€59 | +3.7% |
| Taxes, remuneration and social security | 45 | - | €14,283 | +€14,283 | |
| Taxes | 450/3 | - | €13,584 | +€13,584 | |
| Remuneration and social security | 454/9 | - | €699 | +€699 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,148 | €10,786 | -€361 | -3.2% |
| Other operating charges | 640/8 | €1,760 | €1,641 | -€119 | -6.8% |
| Gross operating margin | 9900 | €2,240 | €29,446 | +€27,206 | +1214.3% |
| Operating profit (loss) | 9901 | -€10,667 | €17,019 | +€27,686 | |
| Financial income | 75/76B | €228 | €304 | +€76 | +33.3% |
| Recurring financial income | 75 | €228 | €304 | +€76 | +33.3% |
| Financial charges | 65/66B | €298 | €220 | -€79 | -26.3% |
| Recurring financial charges | 65 | €298 | €220 | -€79 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,737 | €17,104 | +€27,841 | |
| Income taxes | 67/77 | €547 | €5,154 | +€4,607 | +841.5% |
| Profit (loss) for the period | 9904 | -€11,285 | €11,950 | +€23,234 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,285 | €11,950 | +€23,234 |
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 2 October 2026 via checked.be.