USI-DISCOUNT: 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.
USI-DISCOUNT
Largest movements
- Receivables within one year -€61,909
down €61,909 (-38.8%), from €159,402 to €97,493
of which Other amounts receivable: -€88,049
- Cash +€52,781
up €52,781 (+1,781%), from €2,963 to €55,744
mainly Net result for the year (+€72,407) and Receivables within one year (+€61,909)
- Tangible fixed assets +€10,199
up €10,199 (+82.3%), from €12,396 to €22,595
of which Furniture and vehicles: +€13,125
- Trade debts -€64,709
down €64,709 (-83.1%), from €77,910 to €13,201
- Profit (loss) carried forward +€62,407
up €62,407 (+122%), from €51,262 to €113,669
- Tax, wage and social debts +€11,553
up €11,553 (+34.9%), from €33,132 to €44,685
of which Taxes: +€11,857
- Short-term financial debts -€9,847
no longer reported in 2025 (was €9,847)
- Gross operating margin +€52,461
up €52,461 (+63.1%), from €83,107 to €135,568
- Taxes +€7,245
up €7,245 (+57.0%), from €12,720 to €19,965
- Other operating charges +€6,604
up €6,604 (+51.2%), from €12,895 to €19,499
- Depreciation +€4,666
up €4,666 (+77.0%), from €6,056 to €10,722
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 | €202,611 | €203,682 | +€1,071 | +0.5% |
| Fixed assets | 21/28 | €13,496 | €23,695 | +€10,199 | +75.6% |
| Tangible fixed assets | 22/27 | €12,396 | €22,595 | +€10,199 | +82.3% |
| Plant, machinery and equipment | 23 | €12,396 | €9,470 | -€2,926 | -23.6% |
| Furniture and vehicles | 24 | - | €13,125 | +€13,125 | |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €189,115 | €179,987 | -€9,128 | -4.8% |
| Amounts receivable within one year | 40/41 | €159,402 | €97,493 | -€61,909 | -38.8% |
| Trade receivables | 40 | €28,885 | €55,025 | +€26,140 | +90.5% |
| Other amounts receivable | 41 | €130,517 | €42,468 | -€88,049 | -67.5% |
| Cash at bank and in hand | 54/58 | €2,963 | €55,744 | +€52,781 | +1,781% |
| Deferred charges and accrued income | 490/1 | €26,750 | €26,750 | = | 0.0% |
| Total equity and liabilities | 10/49 | €202,611 | €203,682 | +€1,071 | +0.5% |
| Equity | 10/15 | €71,722 | €134,129 | +€62,407 | +87.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,262 | €113,669 | +€62,407 | +122% |
| Amounts payable | 17/49 | €130,889 | €69,553 | -€61,336 | -46.9% |
| Amounts payable within one year | 42/48 | €130,889 | €69,553 | -€61,336 | -46.9% |
| Current portion of amounts payable after more than one year | 42 | - | €1,667 | +€1,667 | |
| Financial debts | 43 | €9,847 | - | -€9,847 | |
| Credit institutions | 430/8 | €9,847 | - | -€9,847 | |
| Trade debts | 44 | €77,910 | €13,201 | -€64,709 | -83.1% |
| Suppliers | 440/4 | €77,910 | €13,201 | -€64,709 | -83.1% |
| Taxes, remuneration and social security | 45 | €33,132 | €44,685 | +€11,553 | +34.9% |
| Taxes | 450/3 | €31,978 | €43,835 | +€11,857 | +37.1% |
| Remuneration and social security | 454/9 | €1,154 | €850 | -€304 | -26.3% |
| Other amounts payable | 47/48 | €10,000 | €10,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €10,540 | €11,129 | +€589 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,056 | €10,722 | +€4,666 | +77.0% |
| Other operating charges | 640/8 | €12,895 | €19,499 | +€6,604 | +51.2% |
| Gross operating margin | 9900 | €83,107 | €135,568 | +€52,461 | +63.1% |
| Operating profit (loss) | 9901 | €53,616 | €94,218 | +€40,602 | +75.7% |
| Financial charges | 65/66B | €977 | €1,846 | +€869 | +88.9% |
| Recurring financial charges | 65 | €977 | €1,846 | +€869 | +88.9% |
| Profit (loss) for the period before taxes | 9903 | €52,639 | €92,372 | +€39,733 | +75.5% |
| Income taxes | 67/77 | €12,720 | €19,965 | +€7,245 | +57.0% |
| Profit (loss) for the period | 9904 | €39,919 | €72,407 | +€32,488 | +81.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,919 | €72,407 | +€32,488 | +81.4% |
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 19 October 2026 via checked.be.