USITOOLS: what changed
Two fiscal 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.
USITOOLS
Largest movements
- Receivables within one year +€288,096
up €288,096 (+258.6%), from €111,400 to €399,496
of which Trade receivables: +€288,096
- Cash +€278,197
up €278,197 (+62.9%), from €442,481 to €720,678
mainly Advances received (+€506,480) and Net result for the year (+€92,126)
- Current investments +€58,362
up €58,362 (+28.7%), from €203,063 to €261,424
- Advances received +€506,480
new in 2025: €506,480
- Reserves +€92,126
up €92,126 (+9.8%), from €939,106 to €1.0m
- Gross operating margin +€69,912
up €69,912 (+27.0%), from €259,124 to €329,036
- Financial charges +€47,560
up €47,560 (+1531.8%), from €3,105 to €50,665
- Taxes -€28,861
down €28,861 (-40.3%), from €71,680 to €42,819
- Financial income +€5,270
up €5,270 (+78.4%), from €6,723 to €11,994
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 | €1,090,997 | €1,692,719 | +€601,722 | +55.2% |
| Fixed assets | 21/28 | €48,428 | €36,754 | -€11,675 | -24.1% |
| Tangible fixed assets | 22/27 | €47,888 | €36,426 | -€11,462 | -23.9% |
| Land and buildings | 22 | €40,821 | €31,609 | -€9,211 | -22.6% |
| Plant, machinery and equipment | 23 | €961 | €3,032 | +€2,071 | +215.4% |
| Furniture and vehicles | 24 | €6,106 | €1,785 | -€4,321 | -70.8% |
| Financial fixed assets | 28 | €541 | €328 | -€213 | -39.3% |
| Current assets | 29/58 | €1,042,568 | €1,655,965 | +€613,396 | +58.8% |
| Stocks and contracts in progress | 3 | €284,788 | €268,985 | -€15,803 | -5.5% |
| Stocks | 30/36 | €284,788 | €268,985 | -€15,803 | -5.5% |
| Amounts receivable within one year | 40/41 | €111,400 | €399,496 | +€288,096 | +258.6% |
| Trade receivables | 40 | €111,400 | €399,496 | +€288,096 | +258.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €203,063 | €261,424 | +€58,362 | +28.7% |
| Cash at bank and in hand | 54/58 | €442,481 | €720,678 | +€278,197 | +62.9% |
| Deferred charges and accrued income | 490/1 | €836 | €5,382 | +€4,545 | +543.6% |
| Total equity and liabilities | 10/49 | €1,090,997 | €1,692,719 | +€601,722 | +55.2% |
| Equity | 10/15 | €955,006 | €1,046,108 | +€91,101 | +9.5% |
| Contributions | 10/11 | €13,014 | €13,014 | = | 0.0% |
| Reserves | 13 | €939,106 | €1,031,232 | +€92,126 | +9.8% |
| Distributable reserves | 133 | €939,106 | €1,031,232 | +€92,126 | +9.8% |
| Profit (loss) carried forward | 14 | €231 | €231 | = | 0.0% |
| Investment grants | 15 | €2,654 | €1,630 | -€1,024 | -38.6% |
| Amounts payable | 17/49 | €135,990 | €646,611 | +€510,621 | +375.5% |
| Amounts payable within one year | 42/48 | €135,990 | €646,611 | +€510,621 | +375.5% |
| Trade debts | 44 | €91,828 | €95,364 | +€3,536 | +3.9% |
| Suppliers | 440/4 | €91,828 | €95,364 | +€3,536 | +3.9% |
| Advances received on contracts in progress | 46 | - | €506,480 | +€506,480 | |
| Taxes, remuneration and social security | 45 | €41,402 | €43,575 | +€2,173 | +5.2% |
| Taxes | 450/3 | €38,003 | €37,569 | -€434 | -1.1% |
| Remuneration and social security | 454/9 | €3,398 | €6,006 | +€2,607 | +76.7% |
| Other amounts payable | 47/48 | €2,760 | €1,192 | -€1,568 | -56.8% |
| Remuneration, social security and pensions | 62 | €22,605 | €24,483 | +€1,879 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,747 | €14,743 | -€5 | 0.0% |
| Other operating charges | 640/8 | €5,144 | €5,296 | +€152 | +3.0% |
| Non-recurring operating charges | 66A | - | €110,898 | +€110,898 | |
| Gross operating margin | 9900 | €259,124 | €329,036 | +€69,912 | +27.0% |
| Operating profit (loss) | 9901 | €216,629 | €173,616 | -€43,013 | -19.9% |
| Financial income | 75/76B | €6,723 | €11,994 | +€5,270 | +78.4% |
| Recurring financial income | 75 | €6,723 | €11,994 | +€5,270 | +78.4% |
| Financial charges | 65/66B | €3,105 | €50,665 | +€47,560 | +1531.8% |
| Recurring financial charges | 65 | €3,105 | €50,665 | +€47,560 | +1531.8% |
| Profit (loss) for the period before taxes | 9903 | €220,247 | €134,945 | -€85,302 | -38.7% |
| Income taxes | 67/77 | €71,680 | €42,819 | -€28,861 | -40.3% |
| Profit (loss) for the period | 9904 | €148,567 | €92,126 | -€56,441 | -38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €148,567 | €92,126 | -€56,441 | -38.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.