UTEN: 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.
UTEN
Largest movements
- Tangible fixed assets -€8,033
down €8,033 (-4.4%), from €181,771 to €173,737
of which Leasing and similar rights: -€14,260
- Receivables within one year -€3,352
down €3,352 (-67.8%), from €4,946 to €1,594
of which Other amounts receivable: -€4,423
- Cash -€3,247
down €3,247 (-12.3%), from €26,373 to €23,126
mainly Net result for the year (-€8,362) and Investment in fixed assets (net) (-€6,787)
- Profit (loss) carried forward -€8,362
down €8,362, from €6,441 to -€1,921
- Other debts -€5,857
down €5,857 (-3.2%), from €183,026 to €177,169
- Gross operating margin +€2,450
up €2,450 (+33.6%), from €7,284 to €9,734
- Depreciation +€560
up €560 (+3.9%), from €14,260 to €14,820
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 | €214,467 | €199,980 | -€14,487 | -6.8% |
| Fixed assets | 21/28 | €181,919 | €173,886 | -€8,033 | -4.4% |
| Tangible fixed assets | 22/27 | €181,771 | €173,737 | -€8,033 | -4.4% |
| Land and buildings | 22 | €38,751 | €44,977 | +€6,227 | +16.1% |
| Leasing and similar rights | 25 | €143,020 | €128,760 | -€14,260 | -10.0% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €32,548 | €26,094 | -€6,454 | -19.8% |
| Amounts receivable within one year | 40/41 | €4,946 | €1,594 | -€3,352 | -67.8% |
| Trade receivables | 40 | €368 | €1,439 | +€1,071 | +291.4% |
| Other amounts receivable | 41 | €4,579 | €156 | -€4,423 | -96.6% |
| Cash at bank and in hand | 54/58 | €26,373 | €23,126 | -€3,247 | -12.3% |
| Deferred charges and accrued income | 490/1 | €1,229 | €1,373 | +€144 | +11.8% |
| Total equity and liabilities | 10/49 | €214,467 | €199,980 | -€14,487 | -6.8% |
| Equity | 10/15 | €28,875 | €20,514 | -€8,362 | -29.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €3,842 | €3,842 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,983 | €1,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,441 | -€1,921 | -€8,362 | |
| Amounts payable | 17/49 | €185,592 | €179,466 | -€6,126 | -3.3% |
| Amounts payable within one year | 42/48 | €185,578 | €179,466 | -€6,111 | -3.3% |
| Trade debts | 44 | €1,701 | €1,442 | -€259 | -15.2% |
| Suppliers | 440/4 | €1,701 | €1,442 | -€259 | -15.2% |
| Taxes, remuneration and social security | 45 | €850 | €855 | +€5 | +0.6% |
| Taxes | 450/3 | €850 | €855 | +€5 | +0.6% |
| Other amounts payable | 47/48 | €183,026 | €177,169 | -€5,857 | -3.2% |
| Accrued charges and deferred income | 492/3 | €14 | €0 | -€14 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,260 | €14,820 | +€560 | +3.9% |
| Other operating charges | 640/8 | €2,719 | €2,803 | +€84 | +3.1% |
| Gross operating margin | 9900 | €7,284 | €9,734 | +€2,450 | +33.6% |
| Operating profit (loss) | 9901 | -€9,695 | -€7,889 | +€1,806 | +18.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €49 | €41 | -€8 | -16.0% |
| Recurring financial charges | 65 | €49 | €41 | -€8 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,744 | -€7,930 | +€1,814 | +18.6% |
| Income taxes | 67/77 | €423 | €432 | +€9 | +2.0% |
| Profit (loss) for the period | 9904 | -€10,167 | -€8,362 | +€1,805 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,167 | -€8,362 | +€1,805 | +17.8% |
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 6 October 2026 via checked.be.