Us2 Management BV: 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.
Us2 Management BV
Largest movements
- Receivables within one year -€24,712
down €24,712 (-57.7%), from €42,812 to €18,100
of which Trade receivables: -€26,400
- Cash +€6,674
up €6,674 (+39.2%), from €17,020 to €23,694
mainly Receivables within one year (+€24,712) and Net result for the year (+€11,832)
- Deferred charges and accrued income -€4,179
down €4,179 (-42.4%), from €9,854 to €5,674
- Tax, wage and social debts -€12,286
down €12,286 (-43.6%), from €28,173 to €15,887
- Debts after one year -€12,176
down €12,176 (-25.3%), from €48,123 to €35,948
- Current portion of long-term debt +€3,204
up €3,204 (+17.6%), from €18,161 to €21,366
- Reserves -€3,168
down €3,168 (-2.4%), from €131,771 to €128,603
- Gross operating margin -€6,604
down €6,604 (-19.8%), from €33,397 to €26,794
- Taxes -€2,526
down €2,526 (-30.3%), from €8,334 to €5,808
- Other operating charges +€2,440
up €2,440 (+370%), from €660 to €3,099
- Financial charges +€1,456
up €1,456 (+27.3%), from €5,339 to €6,795
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 | €244,686 | €222,469 | -€22,218 | -9.1% |
| Fixed assets | 21/28 | €175,000 | €175,000 | = | 0.0% |
| Financial fixed assets | 28 | €175,000 | €175,000 | = | 0.0% |
| Current assets | 29/58 | €69,686 | €47,469 | -€22,218 | -31.9% |
| Amounts receivable within one year | 40/41 | €42,812 | €18,100 | -€24,712 | -57.7% |
| Trade receivables | 40 | €30,350 | €3,950 | -€26,400 | -87.0% |
| Other amounts receivable | 41 | €12,462 | €14,150 | +€1,688 | +13.5% |
| Cash at bank and in hand | 54/58 | €17,020 | €23,694 | +€6,674 | +39.2% |
| Deferred charges and accrued income | 490/1 | €9,854 | €5,674 | -€4,179 | -42.4% |
| Total equity and liabilities | 10/49 | €244,686 | €222,469 | -€22,218 | -9.1% |
| Equity | 10/15 | €134,771 | €131,603 | -€3,168 | -2.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €131,771 | €128,603 | -€3,168 | -2.4% |
| Distributable reserves | 133 | €131,771 | €128,603 | -€3,168 | -2.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €109,915 | €90,866 | -€19,050 | -17.3% |
| Amounts payable after more than one year | 17 | €48,123 | €35,948 | -€12,176 | -25.3% |
| Financial debts | 170/4 | €48,123 | €35,948 | -€12,176 | -25.3% |
| Amounts payable within one year | 42/48 | €61,704 | €54,918 | -€6,786 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €18,161 | €21,366 | +€3,204 | +17.6% |
| Trade debts | 44 | €1,369 | €2,665 | +€1,296 | +94.6% |
| Suppliers | 440/4 | €1,369 | €2,665 | +€1,296 | +94.6% |
| Taxes, remuneration and social security | 45 | €28,173 | €15,887 | -€12,286 | -43.6% |
| Taxes | 450/3 | €28,173 | €15,887 | -€12,286 | -43.6% |
| Other amounts payable | 47/48 | €14,000 | €15,000 | +€1,000 | +7.1% |
| Accrued charges and deferred income | 492/3 | €88 | €0 | -€88 | -100% |
| Other operating charges | 640/8 | €660 | €3,099 | +€2,440 | +370% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €33,397 | €26,794 | -€6,604 | -19.8% |
| Operating profit (loss) | 9901 | €32,738 | €23,694 | -€9,043 | -27.6% |
| Financial income | 75/76B | €605 | €741 | +€136 | +22.5% |
| Recurring financial income | 75 | €605 | €741 | +€136 | +22.5% |
| Financial charges | 65/66B | €5,339 | €6,795 | +€1,456 | +27.3% |
| Recurring financial charges | 65 | €5,339 | €6,795 | +€1,456 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | €28,004 | €17,640 | -€10,363 | -37.0% |
| Income taxes | 67/77 | €8,334 | €5,808 | -€2,526 | -30.3% |
| Profit (loss) for the period | 9904 | €19,669 | €11,832 | -€7,837 | -39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,669 | €11,832 | -€7,837 | -39.8% |
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 16 October 2026 via checked.be.