UTOPIA: 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.
UTOPIA
Largest movements
- Cash +€4,502
up €4,502 (+28.2%), from €15,937 to €20,439
mainly Debts after one year (+€25,250) and Tax, wage and social debts (+€11,671)
- Receivables within one year +€2,905
up €2,905 (+96834.0%), from €3 to €2,908
of which Trade receivables: +€2,877
- Tangible fixed assets -€1,706
down €1,706 (-20.0%), from €8,530 to €6,824
- Deferred charges and accrued income -€355
down €355 (-100.0%), from €355 to €0
- Profit (loss) carried forward -€31,582
down €31,582 (-599.5%), from -€5,268 to -€36,850
- Debts after one year +€25,250
up €25,250 (+99.0%), from €25,500 to €50,750
of which Financial debts: +€20,000
- Tax, wage and social debts +€11,671
new in 2025: €11,671
of which Remuneration and social security: +€10,539
- Staff costs +€47,449
new in 2025: €47,449
- Gross operating margin +€22,826
up €22,826, from -€4,824 to €18,002
- Depreciation +€1,706
new in 2025: €1,706
- Financial income +€182
up €182 (+1815.9%), from €10 to €192
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 | €24,825 | €30,171 | +€5,346 | +21.5% |
| Fixed assets | 21/28 | €8,530 | €6,824 | -€1,706 | -20.0% |
| Tangible fixed assets | 22/27 | €8,530 | €6,824 | -€1,706 | -20.0% |
| Other tangible fixed assets | 26 | €8,530 | €6,824 | -€1,706 | -20.0% |
| Current assets | 29/58 | €16,295 | €23,347 | +€7,052 | +43.3% |
| Amounts receivable within one year | 40/41 | €3 | €2,908 | +€2,905 | +96834.0% |
| Trade receivables | 40 | - | €2,877 | +€2,877 | |
| Other amounts receivable | 41 | €3 | €31 | +€28 | +943.0% |
| Cash at bank and in hand | 54/58 | €15,937 | €20,439 | +€4,502 | +28.2% |
| Deferred charges and accrued income | 490/1 | €355 | €0 | -€355 | -100.0% |
| Total equity and liabilities | 10/49 | €24,825 | €30,171 | +€5,346 | +21.5% |
| Equity | 10/15 | -€1,268 | -€32,850 | -€31,582 | -2491.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,268 | -€36,850 | -€31,582 | -599.5% |
| Amounts payable | 17/49 | €26,092 | €63,020 | +€36,928 | +141.5% |
| Amounts payable after more than one year | 17 | €25,500 | €50,750 | +€25,250 | +99.0% |
| Financial debts | 170/4 | €20,000 | €40,000 | +€20,000 | +100.0% |
| Other amounts payable | 178/9 | €5,500 | €10,750 | +€5,250 | +95.5% |
| Amounts payable within one year | 42/48 | €592 | €12,270 | +€11,678 | +1971.5% |
| Trade debts | 44 | €592 | €600 | +€7 | +1.2% |
| Suppliers | 440/4 | €592 | €600 | +€7 | +1.2% |
| Taxes, remuneration and social security | 45 | - | €11,671 | +€11,671 | |
| Taxes | 450/3 | - | €1,132 | +€1,132 | |
| Remuneration and social security | 454/9 | - | €10,539 | +€10,539 | |
| Remuneration, social security and pensions | 62 | - | €47,449 | +€47,449 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,706 | +€1,706 | |
| Other operating charges | 640/8 | €286 | €415 | +€129 | +45.2% |
| Gross operating margin | 9900 | -€4,824 | €18,002 | +€22,826 | |
| Operating profit (loss) | 9901 | -€5,110 | -€31,568 | -€26,458 | -517.7% |
| Financial income | 75/76B | €10 | €192 | +€182 | +1815.9% |
| Recurring financial income | 75 | €10 | €192 | +€182 | +1815.9% |
| Financial charges | 65/66B | €168 | €206 | +€39 | +23.0% |
| Recurring financial charges | 65 | €168 | €206 | +€39 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,268 | -€31,582 | -€26,314 | -499.5% |
| Profit (loss) for the period | 9904 | -€5,268 | -€31,582 | -€26,314 | -499.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,268 | -€31,582 | -€26,314 | -499.5% |
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 11 October 2026 via checked.be.