UTOPIK: 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.
UTOPIK
Largest movements
- Cash -€24,999
down €24,999 (-20.1%), from €124,637 to €99,638
mainly Net result for the year (-€25,870) and Receivables within one year (-€21,806)
- Receivables within one year +€21,806
up €21,806 (+21.6%), from €101,084 to €122,890
of which Other amounts receivable: +€11,988
- Tangible fixed assets -€12,928
down €12,928 (-27.8%), from €46,584 to €33,656
- Profit (loss) carried forward -€25,870
down €25,870 (-19.7%), from €131,542 to €105,672
- Tax, wage and social debts +€9,493
up €9,493 (+84.2%), from €11,269 to €20,762
of which Taxes: +€5,161
- Gross operating margin -€64,578
down €64,578 (-58.6%), from €110,217 to €45,639
- Taxes -€15,722
down €15,722 (-96.8%), from €16,234 to €512
- Staff costs +€9,434
up €9,434 (+19.9%), from €47,348 to €56,782
- Depreciation +€4,076
up €4,076 (+46.0%), from €8,853 to €12,929
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 | €278,067 | €261,531 | -€16,536 | -5.9% |
| Fixed assets | 21/28 | €48,604 | €35,676 | -€12,928 | -26.6% |
| Tangible fixed assets | 22/27 | €46,584 | €33,656 | -€12,928 | -27.8% |
| Furniture and vehicles | 24 | €46,584 | €33,656 | -€12,928 | -27.8% |
| Financial fixed assets | 28 | €2,020 | €2,020 | = | 0.0% |
| Current assets | 29/58 | €229,463 | €225,855 | -€3,608 | -1.6% |
| Amounts receivable within one year | 40/41 | €101,084 | €122,890 | +€21,806 | +21.6% |
| Trade receivables | 40 | €97,692 | €107,511 | +€9,819 | +10.1% |
| Other amounts receivable | 41 | €3,392 | €15,380 | +€11,988 | +353% |
| Cash at bank and in hand | 54/58 | €124,637 | €99,638 | -€24,999 | -20.1% |
| Deferred charges and accrued income | 490/1 | €3,742 | €3,327 | -€415 | -11.1% |
| Total equity and liabilities | 10/49 | €278,067 | €261,531 | -€16,536 | -5.9% |
| Equity | 10/15 | €262,002 | €236,132 | -€25,870 | -9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €111,860 | €111,860 | = | 0.0% |
| Distributable reserves | 133 | €111,860 | €111,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,542 | €105,672 | -€25,870 | -19.7% |
| Amounts payable | 17/49 | €16,065 | €25,399 | +€9,334 | +58.1% |
| Amounts payable within one year | 42/48 | €16,065 | €25,399 | +€9,334 | +58.1% |
| Trade debts | 44 | €3,557 | €4,637 | +€1,080 | +30.4% |
| Suppliers | 440/4 | €3,557 | €4,637 | +€1,080 | +30.4% |
| Taxes, remuneration and social security | 45 | €11,269 | €20,762 | +€9,493 | +84.2% |
| Taxes | 450/3 | €3,675 | €8,836 | +€5,161 | +140% |
| Remuneration and social security | 454/9 | €7,594 | €11,926 | +€4,332 | +57.0% |
| Other amounts payable | 47/48 | €1,239 | - | -€1,239 | |
| Remuneration, social security and pensions | 62 | €47,348 | €56,782 | +€9,434 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,853 | €12,929 | +€4,076 | +46.0% |
| Other operating charges | 640/8 | €1,043 | €846 | -€197 | -18.9% |
| Gross operating margin | 9900 | €110,217 | €45,639 | -€64,578 | -58.6% |
| Operating profit (loss) | 9901 | €52,973 | -€24,918 | -€77,891 | |
| Financial income | 75/76B | €200 | - | -€200 | |
| Recurring financial income | 75 | €200 | - | -€200 | |
| Financial charges | 65/66B | €611 | €439 | -€172 | -28.1% |
| Recurring financial charges | 65 | €611 | €439 | -€172 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €52,562 | -€25,357 | -€77,919 | |
| Income taxes | 67/77 | €16,234 | €512 | -€15,722 | -96.8% |
| Profit (loss) for the period | 9904 | €36,328 | -€25,870 | -€62,198 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,328 | -€25,870 | -€62,198 |
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 21 October 2026 via checked.be.