USK: 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.
USK
Largest movements
- Cash -€16,341
down €16,341 (-31.2%), from €52,405 to €36,064
mainly Trade debts (-€13,498) and Stocks and contracts (-€4,663)
- Stocks and contracts +€4,663
up €4,663 (+15.8%), from €29,594 to €34,257
- Receivables within one year +€4,404
up €4,404 (+51.1%), from €8,619 to €13,023
- Tangible fixed assets -€1,750
down €1,750 (-28.4%), from €6,158 to €4,408
- Trade debts -€13,498
down €13,498 (-79.4%), from €17,007 to €3,508
- Short-term financial debts +€4,484
up €4,484 (+902%), from €497 to €4,981
- Tax, wage and social debts +€4,110
up €4,110 (+69.0%), from €5,956 to €10,066
of which Remuneration and social security: +€5,996
- Debts after one year -€3,051
no longer reported in 2025 (was €3,051)
- Current portion of long-term debt -€1,919
down €1,919 (-38.6%), from €4,971 to €3,051
- Staff costs +€32,362
up €32,362 (+585%), from €5,534 to €37,896
- Gross operating margin +€32,115
up €32,115 (+218%), from €14,760 to €46,875
- Depreciation +€908
up €908 (+108%), from €842 to €1,750
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 | €96,775 | €87,752 | -€9,024 | -9.3% |
| Fixed assets | 21/28 | €6,158 | €4,408 | -€1,750 | -28.4% |
| Tangible fixed assets | 22/27 | €6,158 | €4,408 | -€1,750 | -28.4% |
| Furniture and vehicles | 24 | €6,158 | €4,408 | -€1,750 | -28.4% |
| Current assets | 29/58 | €90,617 | €83,343 | -€7,274 | -8.0% |
| Stocks and contracts in progress | 3 | €29,594 | €34,257 | +€4,663 | +15.8% |
| Stocks | 30/36 | €29,594 | €34,257 | +€4,663 | +15.8% |
| Amounts receivable within one year | 40/41 | €8,619 | €13,023 | +€4,404 | +51.1% |
| Other amounts receivable | 41 | €8,619 | €13,023 | +€4,404 | +51.1% |
| Cash at bank and in hand | 54/58 | €52,405 | €36,064 | -€16,341 | -31.2% |
| Total equity and liabilities | 10/49 | €96,775 | €87,752 | -€9,024 | -9.3% |
| Equity | 10/15 | €65,294 | €66,145 | +€851 | +1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €46,694 | €47,545 | +€851 | +1.8% |
| Non-distributable reserves | 130/1 | €716 | €716 | = | 0.0% |
| Reserves not available under the articles | 1311 | €716 | €716 | = | 0.0% |
| Distributable reserves | 133 | €45,978 | €46,829 | +€851 | +1.9% |
| Amounts payable | 17/49 | €31,482 | €21,607 | -€9,875 | -31.4% |
| Amounts payable after more than one year | 17 | €3,051 | - | -€3,051 | |
| Financial debts | 170/4 | €3,051 | - | -€3,051 | |
| Amounts payable within one year | 42/48 | €28,430 | €21,607 | -€6,824 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €4,971 | €3,051 | -€1,919 | -38.6% |
| Financial debts | 43 | €497 | €4,981 | +€4,484 | +902% |
| Credit institutions | 430/8 | €497 | €4,981 | +€4,484 | +902% |
| Trade debts | 44 | €17,007 | €3,508 | -€13,498 | -79.4% |
| Suppliers | 440/4 | €17,007 | €3,508 | -€13,498 | -79.4% |
| Taxes, remuneration and social security | 45 | €5,956 | €10,066 | +€4,110 | +69.0% |
| Taxes | 450/3 | €3,618 | €1,732 | -€1,886 | -52.1% |
| Remuneration and social security | 454/9 | €2,338 | €8,335 | +€5,996 | +256% |
| Remuneration, social security and pensions | 62 | €5,534 | €37,896 | +€32,362 | +585% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €842 | €1,750 | +€908 | +108% |
| Other operating charges | 640/8 | €1,057 | €1,314 | +€257 | +24.3% |
| Gross operating margin | 9900 | €14,760 | €46,875 | +€32,115 | +218% |
| Operating profit (loss) | 9901 | €7,328 | €5,916 | -€1,412 | -19.3% |
| Financial income | 75/76B | €2 | €29 | +€26 | +1,235% |
| Recurring financial income | 75 | €2 | €29 | +€26 | +1,235% |
| Financial charges | 65/66B | €4,832 | €4,753 | -€79 | -1.6% |
| Recurring financial charges | 65 | €4,832 | €4,753 | -€79 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €2,498 | €1,191 | -€1,307 | -52.3% |
| Income taxes | 67/77 | €744 | €340 | -€404 | -54.3% |
| Profit (loss) for the period | 9904 | €1,754 | €851 | -€902 | -51.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,754 | €851 | -€902 | -51.5% |
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 24 October 2026 via checked.be.