Utleonis: what changed
Utleonis
Largest movements
- Receivables within one year -€14,735
down €14,735 (-25.0%), from €58,915 to €44,180
of which Trade receivables: -€21,081
- Cash -€8,803
down €8,803 (-77.4%), from €11,366 to €2,563
mainly Other debts (-€25,264) and Investment in fixed assets (net) (-€5,799)
- Tangible fixed assets +€5,522
up €5,522 (+19.9%), from €27,805 to €33,327
of which Land and buildings: +€5,799
- Deferred charges and accrued income +€3,565
up €3,565 (+184%), from €1,940 to €5,505
- Other debts -€25,264
down €25,264 (-42.8%), from €59,068 to €33,804
- Profit (loss) carried forward +€8,164
up €8,164 (+36.2%), from -€22,582 to -€14,418
- Tax, wage and social debts +€4,454
up €4,454 (+36.5%), from €12,207 to €16,661
of which Taxes: +€6,867
- Trade debts -€3,435
down €3,435 (-14.9%), from €23,053 to €19,618
- Accrued charges and deferred income +€1,630
up €1,630 (+131%), from €1,249 to €2,879
- Write-downs +€37,377
new in 2025: €37,377
- Gross operating margin +€30,100
up €30,100 (+152%), from €19,802 to €49,902
- Other operating charges +€1,845
up €1,845 (+361%), from €511 to €2,356
- Financial charges -€1,063
down €1,063 (-26.6%), from €3,994 to €2,931
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €100,026 | €85,575 | -€14,451 | -14.4% |
| Fixed assets | 21/28 | €27,805 | €33,327 | +€5,522 | +19.9% |
| Tangible fixed assets | 22/27 | €27,805 | €33,327 | +€5,522 | +19.9% |
| Land and buildings | 22 | €26,770 | €32,569 | +€5,799 | +21.7% |
| Furniture and vehicles | 24 | €1,035 | €758 | -€277 | -26.8% |
| Current assets | 29/58 | €72,221 | €52,248 | -€19,973 | -27.7% |
| Amounts receivable within one year | 40/41 | €58,915 | €44,180 | -€14,735 | -25.0% |
| Trade receivables | 40 | €28,930 | €7,849 | -€21,081 | -72.9% |
| Other amounts receivable | 41 | €29,985 | €36,331 | +€6,346 | +21.2% |
| Cash at bank and in hand | 54/58 | €11,366 | €2,563 | -€8,803 | -77.4% |
| Deferred charges and accrued income | 490/1 | €1,940 | €5,505 | +€3,565 | +184% |
| Total equity and liabilities | 10/49 | €100,026 | €85,575 | -€14,451 | -14.4% |
| Equity | 10/15 | €4,449 | €12,613 | +€8,164 | +184% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Reserves | 13 | €25,831 | €25,831 | = | 0.0% |
| Distributable reserves | 133 | €25,831 | €25,831 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,582 | -€14,418 | +€8,164 | +36.2% |
| Amounts payable | 17/49 | €95,578 | €72,963 | -€22,615 | -23.7% |
| Amounts payable within one year | 42/48 | €94,328 | €70,083 | -€24,245 | -25.7% |
| Trade debts | 44 | €23,053 | €19,618 | -€3,435 | -14.9% |
| Suppliers | 440/4 | €23,053 | €19,618 | -€3,435 | -14.9% |
| Taxes, remuneration and social security | 45 | €12,207 | €16,661 | +€4,454 | +36.5% |
| Taxes | 450/3 | €9,794 | €16,661 | +€6,867 | +70.1% |
| Remuneration and social security | 454/9 | €2,413 | €0 | -€2,413 | -100% |
| Other amounts payable | 47/48 | €59,068 | €33,804 | -€25,264 | -42.8% |
| Accrued charges and deferred income | 492/3 | €1,249 | €2,879 | +€1,630 | +131% |
| Non-recurring operating income | 76A | €5,799 | €27,439 | +€21,640 | +373% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €277 | €277 | -€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €37,377 | +€37,377 | |
| Other operating charges | 640/8 | €511 | €2,356 | +€1,845 | +361% |
| Gross operating margin | 9900 | €19,802 | €49,902 | +€30,100 | +152% |
| Operating profit (loss) | 9901 | €19,013 | €9,892 | -€9,121 | -48.0% |
| Financial income | 75/76B | €996 | €1,281 | +€285 | +28.7% |
| Recurring financial income | 75 | €996 | €1,281 | +€285 | +28.7% |
| Financial charges | 65/66B | €3,994 | €2,931 | -€1,063 | -26.6% |
| Recurring financial charges | 65 | €3,994 | €2,931 | -€1,063 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €16,015 | €8,243 | -€7,772 | -48.5% |
| Income taxes | 67/77 | €414 | €79 | -€335 | -81.0% |
| Profit (loss) for the period | 9904 | €15,601 | €8,164 | -€7,437 | -47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,601 | €8,164 | -€7,437 | -47.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.