UTOPIT: 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.
UTOPIT
Largest movements
- Cash +€24,566
up €24,566 (+35.5%), from €69,275 to €93,841
mainly Depreciation (+€21,615) and Net result for the year (+€16,642)
- Tangible fixed assets -€18,681
down €18,681 (-22.1%), from €84,509 to €65,828
of which Furniture and vehicles: -€15,087
- Reserves +€16,642
up €16,642 (+12.8%), from €129,765 to €146,407
- Debts after one year -€6,211
down €6,211 (-53.9%), from €11,533 to €5,322
- Tax, wage and social debts -€3,902
down €3,902 (-71.7%), from €5,441 to €1,540
of which Taxes: -€3,902
- Gross operating margin -€8,980
down €8,980 (-16.3%), from €55,127 to €46,148
- Taxes -€2,359
down €2,359 (-25.8%), from €9,146 to €6,787
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 | €159,969 | €166,069 | +€6,101 | +3.8% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €84,509 | €65,828 | -€18,681 | -22.1% |
| Tangible fixed assets | 22/27 | €84,509 | €65,828 | -€18,681 | -22.1% |
| Plant, machinery and equipment | 23 | €1,772 | €3,014 | +€1,242 | +70.1% |
| Furniture and vehicles | 24 | €40,395 | €25,308 | -€15,087 | -37.3% |
| Other tangible fixed assets | 26 | €42,342 | €37,506 | -€4,836 | -11.4% |
| Current assets | 29/58 | €75,460 | €100,241 | +€24,781 | +32.8% |
| Amounts receivable within one year | 40/41 | €4,542 | €4,842 | +€301 | +6.6% |
| Trade receivables | 40 | €3,618 | €994 | -€2,624 | -72.5% |
| Other amounts receivable | 41 | €924 | €3,849 | +€2,925 | +316.6% |
| Cash at bank and in hand | 54/58 | €69,275 | €93,841 | +€24,566 | +35.5% |
| Deferred charges and accrued income | 490/1 | €1,643 | €1,557 | -€86 | -5.2% |
| Total equity and liabilities | 10/49 | €159,969 | €166,069 | +€6,101 | +3.8% |
| Equity | 10/15 | €130,365 | €147,007 | +€16,642 | +12.8% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €129,765 | €146,407 | +€16,642 | +12.8% |
| Distributable reserves | 133 | €129,765 | €146,407 | +€16,642 | +12.8% |
| Amounts payable | 17/49 | €29,604 | €19,062 | -€10,542 | -35.6% |
| Amounts payable after more than one year | 17 | €11,533 | €5,322 | -€6,211 | -53.9% |
| Financial debts | 170/4 | €11,533 | €5,322 | -€6,211 | -53.9% |
| Amounts payable within one year | 42/48 | €17,982 | €13,740 | -€4,242 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €6,025 | €6,211 | +€186 | +3.1% |
| Trade debts | 44 | €1,583 | €1,594 | +€12 | +0.8% |
| Suppliers | 440/4 | €1,583 | €1,594 | +€12 | +0.8% |
| Taxes, remuneration and social security | 45 | €5,441 | €1,540 | -€3,902 | -71.7% |
| Taxes | 450/3 | €5,441 | €1,540 | -€3,902 | -71.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €4,934 | €4,395 | -€539 | -10.9% |
| Accrued charges and deferred income | 492/3 | €88 | €0 | -€88 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,285 | €21,615 | +€330 | +1.6% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | €55,127 | €46,148 | -€8,980 | -16.3% |
| Operating profit (loss) | 9901 | €33,273 | €23,948 | -€9,326 | -28.0% |
| Financial income | 75/76B | €253 | €235 | -€17 | -6.9% |
| Recurring financial income | 75 | €253 | €235 | -€17 | -6.9% |
| Financial charges | 65/66B | €974 | €754 | -€221 | -22.7% |
| Recurring financial charges | 65 | €974 | €754 | -€221 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €32,552 | €23,429 | -€9,123 | -28.0% |
| Income taxes | 67/77 | €9,146 | €6,787 | -€2,359 | -25.8% |
| Profit (loss) for the period | 9904 | €23,406 | €16,642 | -€6,764 | -28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,406 | €16,642 | -€6,764 | -28.9% |
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 7 October 2026 via checked.be.