UT COMPANY: 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.
UT COMPANY
Largest movements
- Receivables within one year -€21,042
down €21,042 (-25.3%), from €83,039 to €61,997
of which Other amounts receivable: -€11,778
- Tangible fixed assets +€6,681
up €6,681 (+371%), from €1,800 to €8,481
- Trade debts -€26,345
down €26,345 (-83.1%), from €31,690 to €5,345
- Profit (loss) carried forward +€20,274
up €20,274, from -€5,229 to €15,045
- Tax, wage and social debts -€9,125
down €9,125 (-15.2%), from €60,085 to €50,960
of which Remuneration and social security: -€15,095
- Gross operating margin +€64,810
up €64,810 (+70.2%), from €92,278 to €157,088
- Staff costs +€18,399
up €18,399 (+17.1%), from €107,545 to €125,944
- Other operating charges +€4,812
up €4,812 (+510%), from €943 to €5,755
- Depreciation +€3,790
up €3,790 (+421%), from €900 to €4,690
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 | €96,546 | €81,350 | -€15,196 | -15.7% |
| Fixed assets | 21/28 | €12,400 | €19,081 | +€6,681 | +53.9% |
| Tangible fixed assets | 22/27 | €1,800 | €8,481 | +€6,681 | +371% |
| Furniture and vehicles | 24 | €1,800 | €8,481 | +€6,681 | +371% |
| Financial fixed assets | 28 | €10,600 | €10,600 | = | 0.0% |
| Current assets | 29/58 | €84,146 | €62,269 | -€21,877 | -26.0% |
| Amounts receivable within one year | 40/41 | €83,039 | €61,997 | -€21,042 | -25.3% |
| Trade receivables | 40 | €71,261 | €61,997 | -€9,264 | -13.0% |
| Other amounts receivable | 41 | €11,778 | - | -€11,778 | |
| Cash at bank and in hand | 54/58 | €1,107 | €272 | -€835 | -75.4% |
| Total equity and liabilities | 10/49 | €96,546 | €81,350 | -€15,196 | -15.7% |
| Equity | 10/15 | €4,771 | €25,045 | +€20,274 | +425% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,229 | €15,045 | +€20,274 | |
| Amounts payable | 17/49 | €91,775 | €56,305 | -€35,470 | -38.6% |
| Amounts payable within one year | 42/48 | €91,775 | €56,305 | -€35,470 | -38.6% |
| Trade debts | 44 | €31,690 | €5,345 | -€26,345 | -83.1% |
| Suppliers | 440/4 | €31,690 | €5,345 | -€26,345 | -83.1% |
| Taxes, remuneration and social security | 45 | €60,085 | €50,960 | -€9,125 | -15.2% |
| Taxes | 450/3 | €12,658 | €18,628 | +€5,970 | +47.2% |
| Remuneration and social security | 454/9 | €47,427 | €32,332 | -€15,095 | -31.8% |
| Remuneration, social security and pensions | 62 | €107,545 | €125,944 | +€18,399 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €900 | €4,690 | +€3,790 | +421% |
| Other operating charges | 640/8 | €943 | €5,755 | +€4,812 | +510% |
| Non-recurring operating charges | 66A | €1,425 | - | -€1,425 | |
| Gross operating margin | 9900 | €92,278 | €157,088 | +€64,810 | +70.2% |
| Operating profit (loss) | 9901 | -€18,535 | €20,699 | +€39,234 | |
| Financial charges | 65/66B | €730 | €425 | -€305 | -41.8% |
| Recurring financial charges | 65 | €730 | €425 | -€305 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | -€19,265 | €20,274 | +€39,539 | |
| Profit (loss) for the period | 9904 | -€19,265 | €20,274 | +€39,539 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,265 | €20,274 | +€39,539 |
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 28 October 2026 via checked.be.