UTILE DULCI: 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.
UTILE DULCI
Largest movements
- Tangible fixed assets -€71,945
down €71,945 (-8.0%), from €895,620 to €823,676
of which Land and buildings: -€63,074
- Cash +€13,440
up €13,440 (+127%), from €10,610 to €24,050
mainly Depreciation (+€71,945) and Net result for the year (+€49,720)
- Receivables within one year -€11,145
down €11,145 (-81.5%), from €13,667 to €2,522
of which Trade receivables: -€11,428
- Other debts -€112,102
down €112,102 (-96.7%), from €115,902 to €3,800
- Debts after one year +€28,066
up €28,066 (+12.9%), from €218,132 to €246,198
- Profit (loss) carried forward +€19,720
up €19,720 (+9.1%), from €216,313 to €236,033
- Depreciation -€7,791
down €7,791 (-9.8%), from €79,736 to €71,945
- Financial charges -€7,058
down €7,058 (-41.0%), from €17,201 to €10,143
- Gross operating margin +€6,353
up €6,353 (+4.0%), from €157,779 to €164,132
- Taxes +€5,389
up €5,389 (+30.1%), from €17,904 to €23,293
- Other operating charges -€1,917
down €1,917 (-17.3%), from €11,087 to €9,170
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 | €922,811 | €851,482 | -€71,329 | -7.7% |
| Fixed assets | 21/28 | €895,620 | €823,676 | -€71,945 | -8.0% |
| Tangible fixed assets | 22/27 | €895,620 | €823,676 | -€71,945 | -8.0% |
| Land and buildings | 22 | €885,938 | €822,864 | -€63,074 | -7.1% |
| Furniture and vehicles | 24 | €8,928 | €323 | -€8,604 | -96.4% |
| Other tangible fixed assets | 26 | €755 | €488 | -€267 | -35.3% |
| Current assets | 29/58 | €27,191 | €27,806 | +€616 | +2.3% |
| Amounts receivable within one year | 40/41 | €13,667 | €2,522 | -€11,145 | -81.5% |
| Trade receivables | 40 | €13,667 | €2,239 | -€11,428 | -83.6% |
| Other amounts receivable | 41 | - | €283 | +€283 | |
| Cash at bank and in hand | 54/58 | €10,610 | €24,050 | +€13,440 | +127% |
| Deferred charges and accrued income | 490/1 | €2,914 | €1,234 | -€1,679 | -57.6% |
| Total equity and liabilities | 10/49 | €922,811 | €851,482 | -€71,329 | -7.7% |
| Equity | 10/15 | €440,969 | €462,594 | +€21,625 | +4.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €212,256 | €214,161 | +€1,905 | +0.9% |
| Distributable reserves | 133 | €212,256 | €214,161 | +€1,905 | +0.9% |
| Profit (loss) carried forward | 14 | €216,313 | €236,033 | +€19,720 | +9.1% |
| Provisions and deferred taxes | 16 | €53,446 | €53,446 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €53,446 | €53,446 | = | 0.0% |
| Pensions and similar obligations | 160 | €53,446 | €53,446 | = | 0.0% |
| Amounts payable | 17/49 | €428,395 | €335,442 | -€92,954 | -21.7% |
| Amounts payable after more than one year | 17 | €218,132 | €246,198 | +€28,066 | +12.9% |
| Financial debts | 170/4 | €218,132 | €246,198 | +€28,066 | +12.9% |
| Amounts payable within one year | 42/48 | €202,105 | €89,243 | -€112,861 | -55.8% |
| Current portion of amounts payable after more than one year | 42 | €67,724 | €70,421 | +€2,696 | +4.0% |
| Trade debts | 44 | €3,866 | €1,104 | -€2,761 | -71.4% |
| Suppliers | 440/4 | €3,866 | €1,104 | -€2,761 | -71.4% |
| Taxes, remuneration and social security | 45 | €14,613 | €13,918 | -€694 | -4.8% |
| Taxes | 450/3 | €14,613 | €13,918 | -€694 | -4.8% |
| Other amounts payable | 47/48 | €115,902 | €3,800 | -€112,102 | -96.7% |
| Accrued charges and deferred income | 492/3 | €8,159 | - | -€8,159 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,736 | €71,945 | -€7,791 | -9.8% |
| Other operating charges | 640/8 | €11,087 | €9,170 | -€1,917 | -17.3% |
| Gross operating margin | 9900 | €157,779 | €164,132 | +€6,353 | +4.0% |
| Operating profit (loss) | 9901 | €66,956 | €83,017 | +€16,061 | +24.0% |
| Financial income | 75/76B | €449 | €139 | -€311 | -69.2% |
| Recurring financial income | 75 | €449 | €139 | -€311 | -69.2% |
| Financial charges | 65/66B | €17,201 | €10,143 | -€7,058 | -41.0% |
| Recurring financial charges | 65 | €17,201 | €10,143 | -€7,058 | -41.0% |
| Profit (loss) for the period before taxes | 9903 | €50,205 | €73,013 | +€22,808 | +45.4% |
| Income taxes | 67/77 | €17,904 | €23,293 | +€5,389 | +30.1% |
| Profit (loss) for the period | 9904 | €32,301 | €49,720 | +€17,419 | +53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,301 | €49,720 | +€17,419 | +53.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.