USHUAIA PROPERTIES: 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.
USHUAIA PROPERTIES
Largest movements
- Cash +€10,112
up €10,112 (+2,131%), from €475 to €10,587
mainly Receivables within one year (+€6,451) and Net result for the year (+€5,661)
- Receivables within one year -€6,451
down €6,451 (-29.7%), from €21,726 to €15,275
of which Other amounts receivable: -€3,700
- Reserves +€5,661
up €5,661 (+47.2%), from €11,997 to €17,658
- Trade debts -€2,618
down €2,618 (-38.3%), from €6,833 to €4,216
- Tax, wage and social debts +€617
up €617 (+45.0%), from €1,371 to €1,988
- Financial charges -€1,733
down €1,733 (-2.5%), from €70,680 to €68,948
- Gross operating margin -€1,135
down €1,135 (-1.5%), from €78,039 to €76,904
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 | €25,201 | €28,862 | +€3,661 | +14.5% |
| Fixed assets | 21/28 | €3,000 | €3,000 | = | 0.0% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €22,201 | €25,862 | +€3,661 | +16.5% |
| Amounts receivable within one year | 40/41 | €21,726 | €15,275 | -€6,451 | -29.7% |
| Trade receivables | 40 | €3,406 | €655 | -€2,751 | -80.8% |
| Other amounts receivable | 41 | €18,320 | €14,620 | -€3,700 | -20.2% |
| Cash at bank and in hand | 54/58 | €475 | €10,587 | +€10,112 | +2,131% |
| Total equity and liabilities | 10/49 | €25,201 | €28,862 | +€3,661 | +14.5% |
| Equity | 10/15 | €16,997 | €22,658 | +€5,661 | +33.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €11,997 | €17,658 | +€5,661 | +47.2% |
| Distributable reserves | 133 | €11,997 | €17,658 | +€5,661 | +47.2% |
| Amounts payable | 17/49 | €8,204 | €6,204 | -€2,000 | -24.4% |
| Amounts payable within one year | 42/48 | €8,204 | €6,204 | -€2,000 | -24.4% |
| Trade debts | 44 | €6,833 | €4,216 | -€2,618 | -38.3% |
| Suppliers | 440/4 | €6,833 | €4,216 | -€2,618 | -38.3% |
| Taxes, remuneration and social security | 45 | €1,371 | €1,988 | +€617 | +45.0% |
| Taxes | 450/3 | €1,371 | €1,988 | +€617 | +45.0% |
| Other operating charges | 640/8 | €505 | €507 | +€3 | +0.5% |
| Gross operating margin | 9900 | €78,039 | €76,904 | -€1,135 | -1.5% |
| Operating profit (loss) | 9901 | €77,535 | €76,397 | -€1,138 | -1.5% |
| Financial charges | 65/66B | €70,680 | €68,948 | -€1,733 | -2.5% |
| Recurring financial charges | 65 | €70,680 | €68,948 | -€1,733 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €6,854 | €7,449 | +€595 | +8.7% |
| Income taxes | 67/77 | €1,371 | €1,788 | +€417 | +30.4% |
| Profit (loss) for the period | 9904 | €5,484 | €5,661 | +€178 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,484 | €5,661 | +€178 | +3.2% |
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 24 October 2026 via checked.be.