UpWeGo: 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.
UpWeGo
Largest movements
- Cash +€54,144
up €54,144 (+125%), from €43,351 to €97,495
mainly Net result for the year (+€139,216) and Depreciation (+€9,213)
- Receivables after one year +€25,000
new in 2025: €25,000
- Intangible fixed assets +€22,160
new in 2025: €22,160
- Receivables within one year +€9,601
up €9,601 (+8.9%), from €108,038 to €117,638
of which Other amounts receivable: +€48,482
- Reserves +€139,216
up €139,216 (+167%), from €83,288 to €222,504
- Debts after one year -€35,175
down €35,175 (-100%), from €35,175 to €0
- Tax, wage and social debts -€9,644
down €9,644 (-35.9%), from €26,873 to €17,229
of which Taxes: -€7,644
- Trade debts +€8,117
up €8,117 (+245%), from €3,310 to €11,427
- Accrued charges and deferred income +€7,037
up €7,037 (+52.4%), from €13,426 to €20,463
- Gross operating margin +€85,858
up €85,858 (+79.3%), from €108,325 to €194,183
- Taxes +€21,450
up €21,450 (+98.1%), from €21,875 to €43,325
- Depreciation +€5,539
up €5,539 (+151%), from €3,673 to €9,213
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.
Derived cash bridge
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 | €163,073 | €272,623 | +€109,550 | +67.2% |
| Fixed assets | 21/28 | €9,130 | €29,947 | +€20,817 | +228% |
| Intangible fixed assets | 21 | - | €22,160 | +€22,160 | |
| Tangible fixed assets | 22/27 | €9,130 | €7,787 | -€1,343 | -14.7% |
| Furniture and vehicles | 24 | €9,130 | €6,312 | -€2,818 | -30.9% |
| Other tangible fixed assets | 26 | - | €1,475 | +€1,475 | |
| Current assets | 29/58 | €153,943 | €242,676 | +€88,733 | +57.6% |
| Amounts receivable after more than one year | 29 | - | €25,000 | +€25,000 | |
| Other amounts receivable | 291 | - | €25,000 | +€25,000 | |
| Amounts receivable within one year | 40/41 | €108,038 | €117,638 | +€9,601 | +8.9% |
| Trade receivables | 40 | €49,913 | €11,031 | -€38,881 | -77.9% |
| Other amounts receivable | 41 | €58,125 | €106,607 | +€48,482 | +83.4% |
| Cash at bank and in hand | 54/58 | €43,351 | €97,495 | +€54,144 | +125% |
| Deferred charges and accrued income | 490/1 | €2,554 | €2,543 | -€11 | -0.4% |
| Total equity and liabilities | 10/49 | €163,073 | €272,623 | +€109,550 | +67.2% |
| Equity | 10/15 | €84,288 | €223,504 | +€139,216 | +165% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €83,288 | €222,504 | +€139,216 | +167% |
| Distributable reserves | 133 | €83,288 | €222,504 | +€139,216 | +167% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €78,785 | €49,119 | -€29,665 | -37.7% |
| Amounts payable after more than one year | 17 | €35,175 | €0 | -€35,175 | -100% |
| Other amounts payable | 178/9 | €35,175 | €0 | -€35,175 | -100% |
| Amounts payable within one year | 42/48 | €30,184 | €28,657 | -€1,527 | -5.1% |
| Trade debts | 44 | €3,310 | €11,427 | +€8,117 | +245% |
| Suppliers | 440/4 | €3,310 | €11,427 | +€8,117 | +245% |
| Taxes, remuneration and social security | 45 | €26,873 | €17,229 | -€9,644 | -35.9% |
| Taxes | 450/3 | €24,873 | €17,229 | -€7,644 | -30.7% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €13,426 | €20,463 | +€7,037 | +52.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,673 | €9,213 | +€5,539 | +151% |
| Other operating charges | 640/8 | €848 | €869 | +€21 | +2.5% |
| Gross operating margin | 9900 | €108,325 | €194,183 | +€85,858 | +79.3% |
| Operating profit (loss) | 9901 | €103,803 | €184,101 | +€80,298 | +77.4% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €291 | €1,563 | +€1,272 | +437% |
| Recurring financial charges | 65 | €291 | €1,563 | +€1,272 | +437% |
| Profit (loss) for the period before taxes | 9903 | €103,512 | €182,540 | +€79,028 | +76.3% |
| Income taxes | 67/77 | €21,875 | €43,325 | +€21,450 | +98.1% |
| Profit (loss) for the period | 9904 | €81,637 | €139,216 | +€57,578 | +70.5% |
| Profit (loss) for the period to be appropriated | 9905 | €81,637 | €139,216 | +€57,578 | +70.5% |
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 18 October 2026 via checked.be.