Util-IT: 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.
Util-IT
Largest movements
- Tangible fixed assets +€67,215
up €67,215 (+74.5%), from €90,219 to €157,434
of which Furniture and vehicles: +€45,992
- Receivables within one year +€20,930
up €20,930 (+197.7%), from €10,588 to €31,517
of which Other amounts receivable: +€13,730
- Cash -€6,656
down €6,656 (-19.6%), from €33,951 to €27,294
mainly Investment in fixed assets (net) (-€87,837) and Receivables within one year (-€20,930)
- Deferred charges and accrued income +€3,156
up €3,156 (+150.6%), from €2,096 to €5,253
- Other debts +€98,244
up €98,244 (+107.3%), from €91,567 to €189,811
- Debts after one year -€14,788
no longer reported in 2025 (was €14,788)
- Profit (loss) carried forward +€7,139
up €7,139 (+26.5%), from -€26,889 to -€19,750
- Tax, wage and social debts -€5,135
down €5,135 (-60.9%), from €8,427 to €3,293
- Trade debts -€3,119
down €3,119 (-45.6%), from €6,836 to €3,718
- Gross operating margin +€9,995
up €9,995 (+44.3%), from €22,567 to €32,562
- Depreciation -€3,588
down €3,588 (-14.8%), from €24,210 to €20,622
- Taxes +€2,611
up €2,611 (+382.9%), from €682 to €3,293
- Financial charges +€534
up €534 (+455.9%), from €117 to €651
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 | €136,854 | €221,498 | +€84,645 | +61.9% |
| Fixed assets | 21/28 | €90,219 | €157,434 | +€67,215 | +74.5% |
| Tangible fixed assets | 22/27 | €90,219 | €157,434 | +€67,215 | +74.5% |
| Land and buildings | 22 | €9,059 | €6,224 | -€2,835 | -31.3% |
| Plant, machinery and equipment | 23 | €1,148 | €25,207 | +€24,059 | +2095.8% |
| Furniture and vehicles | 24 | €80,012 | €126,004 | +€45,992 | +57.5% |
| Current assets | 29/58 | €46,634 | €64,064 | +€17,430 | +37.4% |
| Amounts receivable within one year | 40/41 | €10,588 | €31,517 | +€20,930 | +197.7% |
| Trade receivables | 40 | €10,588 | €17,787 | +€7,200 | +68.0% |
| Other amounts receivable | 41 | - | €13,730 | +€13,730 | |
| Cash at bank and in hand | 54/58 | €33,951 | €27,294 | -€6,656 | -19.6% |
| Deferred charges and accrued income | 490/1 | €2,096 | €5,253 | +€3,156 | +150.6% |
| Total equity and liabilities | 10/49 | €136,854 | €221,498 | +€84,645 | +61.9% |
| Equity | 10/15 | €15,235 | €22,374 | +€7,139 | +46.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €29,724 | €29,724 | = | 0.0% |
| Distributable reserves | 133 | €29,724 | €29,724 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,889 | -€19,750 | +€7,139 | +26.5% |
| Amounts payable | 17/49 | €121,619 | €199,124 | +€77,506 | +63.7% |
| Amounts payable after more than one year | 17 | €14,788 | - | -€14,788 | |
| Financial debts | 170/4 | €14,788 | - | -€14,788 | |
| Amounts payable within one year | 42/48 | €106,831 | €196,821 | +€89,991 | +84.2% |
| Trade debts | 44 | €6,836 | €3,718 | -€3,119 | -45.6% |
| Suppliers | 440/4 | €6,836 | €3,718 | -€3,119 | -45.6% |
| Taxes, remuneration and social security | 45 | €8,427 | €3,293 | -€5,135 | -60.9% |
| Taxes | 450/3 | €8,427 | €3,293 | -€5,135 | -60.9% |
| Other amounts payable | 47/48 | €91,567 | €189,811 | +€98,244 | +107.3% |
| Accrued charges and deferred income | 492/3 | - | €2,303 | +€2,303 | |
| Non-recurring operating income | 76A | - | €12,259 | +€12,259 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,210 | €20,622 | -€3,588 | -14.8% |
| Other operating charges | 640/8 | €802 | €858 | +€55 | +6.9% |
| Gross operating margin | 9900 | €22,567 | €32,562 | +€9,995 | +44.3% |
| Operating profit (loss) | 9901 | -€2,446 | €11,083 | +€13,528 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100.0% |
| Financial charges | 65/66B | €117 | €651 | +€534 | +455.9% |
| Recurring financial charges | 65 | €117 | €651 | +€534 | +455.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,563 | €10,432 | +€12,994 | |
| Income taxes | 67/77 | €682 | €3,293 | +€2,611 | +382.9% |
| Profit (loss) for the period | 9904 | -€3,245 | €7,139 | +€10,384 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,245 | €7,139 | +€10,384 |
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.