Utilycon: 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.
Utilycon
Largest movements
- Cash +€14,604
up €14,604 (+33.5%), from €43,567 to €58,170
mainly Depreciation (+€10,767) and Net result for the year (+€8,231)
- Tangible fixed assets -€8,422
down €8,422 (-11.2%), from €75,444 to €67,022
- Receivables within one year +€3,168
up €3,168 (+1362.7%), from €233 to €3,401
of which Trade receivables: +€2,355
- Deferred charges and accrued income +€2,305
up €2,305 (+71.5%), from €3,222 to €5,527
- Reserves +€8,231
up €8,231 (+8.5%), from €97,347 to €105,578
- Other debts +€4,547
up €4,547 (+54.8%), from €8,292 to €12,839
- Gross operating margin -€13,789
down €13,789 (-31.8%), from €43,358 to €29,569
- Taxes -€1,171
down €1,171 (-12.2%), from €9,625 to €8,454
- Other operating charges +€698
up €698 (+66.9%), from €1,042 to €1,740
- Financial charges -€491
down €491 (-55.3%), from €888 to €397
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 | €122,465 | €134,120 | +€11,655 | +9.5% |
| Fixed assets | 21/28 | €75,444 | €67,022 | -€8,422 | -11.2% |
| Tangible fixed assets | 22/27 | €75,444 | €67,022 | -€8,422 | -11.2% |
| Land and buildings | 22 | €48,387 | €46,875 | -€1,512 | -3.1% |
| Plant, machinery and equipment | 23 | €11,064 | €8,294 | -€2,770 | -25.0% |
| Furniture and vehicles | 24 | €5,106 | €4,402 | -€704 | -13.8% |
| Other tangible fixed assets | 26 | €10,887 | €7,451 | -€3,436 | -31.6% |
| Current assets | 29/58 | €47,022 | €67,098 | +€20,077 | +42.7% |
| Amounts receivable within one year | 40/41 | €233 | €3,401 | +€3,168 | +1362.7% |
| Trade receivables | 40 | - | €2,355 | +€2,355 | |
| Other amounts receivable | 41 | €233 | €1,046 | +€814 | +349.9% |
| Cash at bank and in hand | 54/58 | €43,567 | €58,170 | +€14,604 | +33.5% |
| Deferred charges and accrued income | 490/1 | €3,222 | €5,527 | +€2,305 | +71.5% |
| Total equity and liabilities | 10/49 | €122,465 | €134,120 | +€11,655 | +9.5% |
| Equity | 10/15 | €103,547 | €111,778 | +€8,231 | +7.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €97,347 | €105,578 | +€8,231 | +8.5% |
| Distributable reserves | 133 | €97,347 | €105,578 | +€8,231 | +8.5% |
| Amounts payable | 17/49 | €18,919 | €22,342 | +€3,424 | +18.1% |
| Amounts payable within one year | 42/48 | €18,919 | €22,342 | +€3,424 | +18.1% |
| Trade debts | 44 | €1,497 | €716 | -€781 | -52.2% |
| Suppliers | 440/4 | €1,497 | €716 | -€781 | -52.2% |
| Taxes, remuneration and social security | 45 | €9,130 | €8,787 | -€342 | -3.7% |
| Taxes | 450/3 | €9,130 | €8,787 | -€342 | -3.7% |
| Other amounts payable | 47/48 | €8,292 | €12,839 | +€4,547 | +54.8% |
| Non-recurring operating income | 76A | €901 | €3,788 | +€2,888 | +320.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,621 | €10,767 | +€146 | +1.4% |
| Other operating charges | 640/8 | €1,042 | €1,740 | +€698 | +66.9% |
| Gross operating margin | 9900 | €43,358 | €29,569 | -€13,789 | -31.8% |
| Operating profit (loss) | 9901 | €31,694 | €17,062 | -€14,632 | -46.2% |
| Financial income | 75/76B | €13 | €20 | +€7 | +49.4% |
| Recurring financial income | 75 | €13 | €20 | +€7 | +49.4% |
| Financial charges | 65/66B | €888 | €397 | -€491 | -55.3% |
| Recurring financial charges | 65 | €888 | €397 | -€491 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | €30,820 | €16,685 | -€14,135 | -45.9% |
| Income taxes | 67/77 | €9,625 | €8,454 | -€1,171 | -12.2% |
| Profit (loss) for the period | 9904 | €21,195 | €8,231 | -€12,964 | -61.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,195 | €8,231 | -€12,964 | -61.2% |
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 10 October 2026 via checked.be.