UTOPIAH: 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.
UTOPIAH
Largest movements
- Cash -€6,155
down €6,155 (-21.1%), from €29,197 to €23,041
mainly Tax, wage and social debts (-€9,424) and Trade debts (-€4,248)
- Tangible fixed assets -€3,904
down €3,904 (-44.8%), from €8,724 to €4,820
of which Plant, machinery and equipment: -€3,425
- Receivables within one year -€3,816
down €3,816 (-17.4%), from €21,902 to €18,086
of which Trade receivables: -€2,303
- Tax, wage and social debts -€9,424
no longer reported in 2025 (was €9,424)
of which Taxes: -€7,224
- Trade debts -€4,248
down €4,248 (-92.1%), from €4,614 to €366
- Gross operating margin -€8,614
down €8,614 (-47.9%), from €17,965 to €9,351
- Depreciation -€1,320
down €1,320 (-25.3%), from €5,224 to €3,904
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 | €61,601 | €47,844 | -€13,757 | -22.3% |
| Fixed assets | 21/28 | €8,724 | €4,820 | -€3,904 | -44.8% |
| Tangible fixed assets | 22/27 | €8,724 | €4,820 | -€3,904 | -44.8% |
| Plant, machinery and equipment | 23 | €7,582 | €4,157 | -€3,425 | -45.2% |
| Furniture and vehicles | 24 | €1,142 | €663 | -€479 | -42.0% |
| Current assets | 29/58 | €52,877 | €43,024 | -€9,853 | -18.6% |
| Amounts receivable within one year | 40/41 | €21,902 | €18,086 | -€3,816 | -17.4% |
| Trade receivables | 40 | €13,667 | €11,363 | -€2,303 | -16.9% |
| Other amounts receivable | 41 | €8,235 | €6,723 | -€1,512 | -18.4% |
| Cash at bank and in hand | 54/58 | €29,197 | €23,041 | -€6,155 | -21.1% |
| Deferred charges and accrued income | 490/1 | €1,779 | €1,897 | +€118 | +6.6% |
| Total equity and liabilities | 10/49 | €61,601 | €47,844 | -€13,757 | -22.3% |
| Equity | 10/15 | €47,468 | €47,383 | -€85 | -0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,094 | €25,094 | = | 0.0% |
| 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 | €23,234 | €23,234 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,774 | €3,689 | -€85 | -2.3% |
| Amounts payable | 17/49 | €14,133 | €461 | -€13,672 | -96.7% |
| Amounts payable within one year | 42/48 | €14,038 | €366 | -€13,672 | -97.4% |
| Trade debts | 44 | €4,614 | €366 | -€4,248 | -92.1% |
| Suppliers | 440/4 | €4,614 | €366 | -€4,248 | -92.1% |
| Taxes, remuneration and social security | 45 | €9,424 | - | -€9,424 | |
| Taxes | 450/3 | €7,224 | - | -€7,224 | |
| Remuneration and social security | 454/9 | €2,200 | - | -€2,200 | |
| Accrued charges and deferred income | 492/3 | €95 | €95 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,224 | €3,904 | -€1,320 | -25.3% |
| Other operating charges | 640/8 | €4,667 | €4,741 | +€74 | +1.6% |
| Gross operating margin | 9900 | €17,965 | €9,351 | -€8,614 | -47.9% |
| Operating profit (loss) | 9901 | €8,074 | €706 | -€7,368 | -91.3% |
| Financial income | 75/76B | €81 | €84 | +€3 | +4.3% |
| Recurring financial income | 75 | €81 | €84 | +€3 | +4.3% |
| Financial charges | 65/66B | €59 | €60 | +€2 | +3.2% |
| Recurring financial charges | 65 | €59 | €60 | +€2 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €8,096 | €730 | -€7,366 | -91.0% |
| Income taxes | 67/77 | €960 | €815 | -€145 | -15.1% |
| Profit (loss) for the period | 9904 | €7,136 | -€85 | -€7,221 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,136 | -€85 | -€7,221 |
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 13 October 2026 via checked.be.