UTOPIA CONSULT: 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.
UTOPIA CONSULT
Largest movements
- Cash -€8,105
down €8,105 (-34.6%), from €23,434 to €15,328
mainly Net result for the year (-€24,945) and Receivables within one year (-€4,819)
- Reserves -€24,945
down €24,945 (-8.0%), from €310,117 to €285,172
of which Distributable reserves: -€24,945
- Other debts +€20,868
up €20,868 (+77.6%), from €26,901 to €47,769
- Taxes -€904
down €904 (-18.1%), from €4,999 to €4,095
- Financial charges -€819
down €819 (-3.3%), from €24,816 to €23,997
- Gross operating margin -€800
down €800 (-4.0%), from -€20,241 to -€21,041
- Financial income +€655
up €655 (+2.6%), from €25,586 to €26,241
- Other operating charges +€312
up €312 (+26.7%), from €1,167 to €1,479
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 | €595,960 | €591,887 | -€4,074 | -0.7% |
| Fixed assets | 21/28 | €2,162 | €1,587 | -€575 | -26.6% |
| Tangible fixed assets | 22/27 | €2,162 | €1,587 | -€575 | -26.6% |
| Furniture and vehicles | 24 | €2,162 | €1,587 | -€575 | -26.6% |
| Current assets | 29/58 | €593,799 | €590,300 | -€3,499 | -0.6% |
| Amounts receivable within one year | 40/41 | €8,677 | €13,496 | +€4,819 | +55.5% |
| Other amounts receivable | 41 | €8,677 | €13,496 | +€4,819 | +55.5% |
| Current investments | 50/53 | €561,688 | €561,476 | -€212 | 0.0% |
| Cash at bank and in hand | 54/58 | €23,434 | €15,328 | -€8,105 | -34.6% |
| Total equity and liabilities | 10/49 | €595,960 | €591,887 | -€4,074 | -0.7% |
| Equity | 10/15 | €328,717 | €303,772 | -€24,945 | -7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €310,117 | €285,172 | -€24,945 | -8.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €308,257 | €283,312 | -€24,945 | -8.1% |
| Amounts payable | 17/49 | €267,243 | €288,115 | +€20,872 | +7.8% |
| Amounts payable after more than one year | 17 | €240,000 | €240,000 | = | 0.0% |
| Financial debts | 170/4 | €240,000 | €240,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €27,043 | €47,915 | +€20,872 | +77.2% |
| Trade debts | 44 | €142 | €146 | +€4 | +2.8% |
| Suppliers | 440/4 | €142 | €146 | +€4 | +2.8% |
| Other amounts payable | 47/48 | €26,901 | €47,769 | +€20,868 | +77.6% |
| Accrued charges and deferred income | 492/3 | €200 | €200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €575 | €575 | = | 0.0% |
| Other operating charges | 640/8 | €1,167 | €1,479 | +€312 | +26.7% |
| Gross operating margin | 9900 | -€20,241 | -€21,041 | -€800 | -4.0% |
| Operating profit (loss) | 9901 | -€21,983 | -€23,094 | -€1,112 | -5.1% |
| Financial income | 75/76B | €25,586 | €26,241 | +€655 | +2.6% |
| Recurring financial income | 75 | €25,586 | €26,241 | +€655 | +2.6% |
| Financial charges | 65/66B | €24,816 | €23,997 | -€819 | -3.3% |
| Recurring financial charges | 65 | €24,816 | €23,997 | -€819 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | -€21,213 | -€20,850 | +€363 | +1.7% |
| Income taxes | 67/77 | €4,999 | €4,095 | -€904 | -18.1% |
| Profit (loss) for the period | 9904 | -€26,212 | -€24,945 | +€1,267 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,212 | -€24,945 | +€1,267 | +4.8% |
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 5 October 2026 via checked.be.