UPTUNE: 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.
UPTUNE
Largest movements
- Cash +€72,372
up €72,372 (+233.4%), from €31,008 to €103,380
mainly Depreciation (+€36,391) and Net result for the year (+€26,775)
- Receivables within one year -€26,599
down €26,599 (-37.3%), from €71,305 to €44,707
of which Trade receivables: -€23,886
- Tangible fixed assets -€24,370
down €24,370 (-22.1%), from €110,497 to €86,127
of which Furniture and vehicles: -€22,736
- Other debts +€12,776
up €12,776 (+17.8%), from €71,871 to €84,647
- Tax, wage and social debts +€8,796
up €8,796 (+65.2%), from €13,494 to €22,290
of which Taxes: +€5,661
- Debts after one year -€7,552
down €7,552 (-92.3%), from €8,185 to €633
- Reserves +€6,814
up €6,814 (+9.4%), from €72,640 to €79,454
of which Distributable reserves: +€6,814
- Gross operating margin +€45,961
up €45,961 (+84.3%), from €54,514 to €100,475
- Taxes +€17,154
up €17,154 (+959.7%), from €1,787 to €18,941
- Other operating charges +€4,178
up €4,178 (+48.9%), from €8,551 to €12,729
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 | €216,524 | €238,004 | +€21,479 | +9.9% |
| Fixed assets | 21/28 | €110,997 | €86,627 | -€24,370 | -22.0% |
| Tangible fixed assets | 22/27 | €110,497 | €86,127 | -€24,370 | -22.1% |
| Plant, machinery and equipment | 23 | €5,477 | €7,373 | +€1,896 | +34.6% |
| Furniture and vehicles | 24 | €75,704 | €52,968 | -€22,736 | -30.0% |
| Other tangible fixed assets | 26 | €29,316 | €25,786 | -€3,530 | -12.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €105,528 | €151,377 | +€45,849 | +43.4% |
| Amounts receivable within one year | 40/41 | €71,305 | €44,707 | -€26,599 | -37.3% |
| Trade receivables | 40 | €68,593 | €44,707 | -€23,886 | -34.8% |
| Other amounts receivable | 41 | €2,713 | €0 | -€2,713 | -100.0% |
| Cash at bank and in hand | 54/58 | €31,008 | €103,380 | +€72,372 | +233.4% |
| Deferred charges and accrued income | 490/1 | €3,214 | €3,290 | +€75 | +2.3% |
| Total equity and liabilities | 10/49 | €216,524 | €238,004 | +€21,479 | +9.9% |
| Equity | 10/15 | €107,640 | €114,454 | +€6,814 | +6.3% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €72,640 | €79,454 | +€6,814 | +9.4% |
| Tax-exempt reserves | 132 | €585 | €585 | = | 0.0% |
| Distributable reserves | 133 | €72,055 | €78,869 | +€6,814 | +9.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €108,885 | €123,550 | +€14,665 | +13.5% |
| Amounts payable after more than one year | 17 | €8,185 | €633 | -€7,552 | -92.3% |
| Financial debts | 170/4 | €8,185 | €633 | -€7,552 | -92.3% |
| Amounts payable within one year | 42/48 | €96,396 | €118,081 | +€21,685 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | €7,472 | €7,552 | +€80 | +1.1% |
| Trade debts | 44 | €3,559 | €3,593 | +€33 | +0.9% |
| Suppliers | 440/4 | €3,559 | €3,593 | +€33 | +0.9% |
| Taxes, remuneration and social security | 45 | €13,494 | €22,290 | +€8,796 | +65.2% |
| Taxes | 450/3 | €13,494 | €19,155 | +€5,661 | +42.0% |
| Remuneration and social security | 454/9 | - | €3,135 | +€3,135 | |
| Other amounts payable | 47/48 | €71,871 | €84,647 | +€12,776 | +17.8% |
| Accrued charges and deferred income | 492/3 | €4,304 | €4,835 | +€531 | +12.3% |
| Remuneration, social security and pensions | 62 | - | €34 | +€34 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,932 | €36,391 | +€459 | +1.3% |
| Other operating charges | 640/8 | €8,551 | €12,729 | +€4,178 | +48.9% |
| Gross operating margin | 9900 | €54,514 | €100,475 | +€45,961 | +84.3% |
| Operating profit (loss) | 9901 | €10,031 | €51,321 | +€41,290 | +411.6% |
| Financial income | 75/76B | €6 | €16 | +€10 | +164.2% |
| Recurring financial income | 75 | €6 | €16 | +€10 | +164.2% |
| Financial charges | 65/66B | €5,109 | €5,621 | +€512 | +10.0% |
| Recurring financial charges | 65 | €5,109 | €5,621 | +€512 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €4,928 | €45,716 | +€40,787 | +827.6% |
| Income taxes | 67/77 | €1,787 | €18,941 | +€17,154 | +959.7% |
| Profit (loss) for the period | 9904 | €3,141 | €26,775 | +€23,634 | +752.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,141 | €26,775 | +€23,634 | +752.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.