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UpTimize: 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.

What changed

UpTimize

BE 0762.925.685
NACE 62.200, Computer consultancy and computer facilities management
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€32,949
2024 · €48,634-€15,685
Equity
€89,584
2024 · €58,301+€31,283
Cash
€118,603
2024 · €155,148-€36,545
Balance sheet total
€277,261
2024 · €300,575-€23,314

Largest movements

2024 to 2025
Assets
  • Cash -€36,545

    down €36,545 (-23.6%), from €155,148 to €118,603

    mainly Other debts (-€30,620) and Tax, wage and social debts (-€22,127)

  • Receivables within one year +€13,973

    up €13,973 (+15.8%), from €88,487 to €102,460

    of which Trade receivables: +€13,215

  • Tangible fixed assets -€11,879

    down €11,879 (-25.0%), from €47,593 to €35,714

  • Deferred charges and accrued income +€11,138

    up €11,138 (+119.2%), from €9,346 to €20,485

Equity and liabilities
  • Profit (loss) carried forward +€31,283

    up €31,283 (+58.7%), from €53,301 to €84,584

  • Other debts -€30,620

    down €30,620 (-24.8%), from €123,265 to €92,645

  • Tax, wage and social debts -€22,127

    down €22,127 (-46.0%), from €48,124 to €25,997

  • Accrued charges and deferred income -€8,000

    down €8,000 (-12.3%), from €65,000 to €57,000

  • Trade debts +€6,151

    up €6,151 (+104.5%), from €5,885 to €12,035

Income statement
  • Gross operating margin -€13,553

    down €13,553 (-18.5%), from €73,395 to €59,841

  • Depreciation +€4,814

    up €4,814 (+68.1%), from €7,066 to €11,879

  • Financial charges -€3,090

    down €3,090 (-95.2%), from €3,246 to €156

  • Taxes +€753

    up €753 (+5.6%), from €13,434 to €14,187

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €48,634
Gross operating margin -€13,553
Depreciation -€4,814
Other operating charges +€377
Other operating items +€5
Financial income -€38
Financial charges +€3,090
Taxes -€753
Result 2025 €32,949

Cash bridge derived

cash 2024 to 2025

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.

From operations -€34,879
Investment €0
Financing -€1,666
Cash 2024 €155,148
Net result for the year +€32,949
Depreciation +€11,879
Receivables within one year -€13,973
Deferred charges and accrued income -€11,138
Trade debts +€6,151
Tax, wage and social debts -€22,127
Other debts -€30,620
Accrued charges and deferred income -€8,000
Contributions, distributions and other -€1,666
Cash 2025 €118,603
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €300,575 €277,261 -€23,314 -7.8%
Fixed assets 21/28 €47,593 €35,714 -€11,879 -25.0%
Tangible fixed assets 22/27 €47,593 €35,714 -€11,879 -25.0%
Furniture and vehicles 24 €47,593 €35,714 -€11,879 -25.0%
Current assets 29/58 €252,982 €241,547 -€11,435 -4.5%
Amounts receivable within one year 40/41 €88,487 €102,460 +€13,973 +15.8%
Trade receivables 40 €88,421 €101,635 +€13,215 +14.9%
Other amounts receivable 41 €66 €824 +€758 +1142.0%
Cash at bank and in hand 54/58 €155,148 €118,603 -€36,545 -23.6%
Deferred charges and accrued income 490/1 €9,346 €20,485 +€11,138 +119.2%
Total equity and liabilities 10/49 €300,575 €277,261 -€23,314 -7.8%
Equity 10/15 €58,301 €89,584 +€31,283 +53.7%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 €53,301 €84,584 +€31,283 +58.7%
Amounts payable 17/49 €242,273 €187,677 -€54,596 -22.5%
Amounts payable within one year 42/48 €177,273 €130,677 -€46,596 -26.3%
Trade debts 44 €5,885 €12,035 +€6,151 +104.5%
Suppliers 440/4 €5,885 €12,035 +€6,151 +104.5%
Taxes, remuneration and social security 45 €48,124 €25,997 -€22,127 -46.0%
Taxes 450/3 €48,124 €25,997 -€22,127 -46.0%
Other amounts payable 47/48 €123,265 €92,645 -€30,620 -24.8%
Accrued charges and deferred income 492/3 €65,000 €57,000 -€8,000 -12.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €7,066 €11,879 +€4,814 +68.1%
Other operating charges 640/8 €968 €591 -€377 -39.0%
Non-recurring operating charges 66A €85 €80 -€5 -5.9%
Gross operating margin 9900 €73,395 €59,841 -€13,553 -18.5%
Operating profit (loss) 9901 €65,276 €47,291 -€17,985 -27.6%
Financial income 75/76B €38 - -€38
Recurring financial income 75 €38 - -€38
Financial charges 65/66B €3,246 €156 -€3,090 -95.2%
Recurring financial charges 65 €3,246 €156 -€3,090 -95.2%
Profit (loss) for the period before taxes 9903 €62,068 €47,135 -€14,932 -24.1%
Income taxes 67/77 €13,434 €14,187 +€753 +5.6%
Profit (loss) for the period 9904 €48,634 €32,949 -€15,685 -32.3%
Profit (loss) for the period to be appropriated 9905 €48,634 €32,949 -€15,685 -32.3%

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 29 September 2026 via checked.be.