Utu: 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.
Utu
Largest movements
- Receivables within one year -€36,199
down €36,199 (-88.6%), from €40,869 to €4,670
of which Other amounts receivable: -€23,695
- Financial fixed assets -€26,850
down €26,850 (-100.0%), from €26,850 to €0
- Cash -€3,098
down €3,098 (-100.0%), from €3,098 to €0
mainly Net result for the year (-€37,239) and Other debts (-€35,129)
- Tangible fixed assets -€1,604
down €1,604 (-100.0%), from €1,604 to €0
- Profit (loss) carried forward -€37,239
down €37,239, from €22,706 to -€14,533
- Other debts -€35,129
down €35,129 (-100.0%), from €35,129 to €0
- Trade debts +€4,031
up €4,031 (+39.6%), from €10,172 to €14,203
- Gross operating margin -€49,524
down €49,524, from €27,139 to -€22,385
- Taxes +€3,471
new in 2025: €3,471
- Financial charges +€806
up €806 (+70.8%), from €1,138 to €1,944
- Financial income -€614
down €614 (-91.2%), from €673 to €59
- Depreciation -€517
down €517 (-100.0%), from €517 to €0
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 | €73,007 | €4,670 | -€68,336 | -93.6% |
| Fixed assets | 21/28 | €28,454 | €0 | -€28,454 | -100.0% |
| Tangible fixed assets | 22/27 | €1,604 | €0 | -€1,604 | -100.0% |
| Plant, machinery and equipment | 23 | €1,604 | €0 | -€1,604 | -100.0% |
| Financial fixed assets | 28 | €26,850 | €0 | -€26,850 | -100.0% |
| Current assets | 29/58 | €44,553 | €4,670 | -€39,882 | -89.5% |
| Amounts receivable within one year | 40/41 | €40,869 | €4,670 | -€36,199 | -88.6% |
| Trade receivables | 40 | €12,504 | €0 | -€12,504 | -100.0% |
| Other amounts receivable | 41 | €28,365 | €4,670 | -€23,695 | -83.5% |
| Cash at bank and in hand | 54/58 | €3,098 | €0 | -€3,098 | -100.0% |
| Deferred charges and accrued income | 490/1 | €586 | €0 | -€586 | -100.0% |
| Total equity and liabilities | 10/49 | €73,007 | €4,670 | -€68,336 | -93.6% |
| Equity | 10/15 | €27,706 | -€9,533 | -€37,239 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,706 | -€14,533 | -€37,239 | |
| Amounts payable | 17/49 | €45,301 | €14,203 | -€31,098 | -68.6% |
| Amounts payable within one year | 42/48 | €45,301 | €14,203 | -€31,098 | -68.6% |
| Trade debts | 44 | €10,172 | €14,203 | +€4,031 | +39.6% |
| Suppliers | 440/4 | €10,172 | €14,203 | +€4,031 | +39.6% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €35,129 | €0 | -€35,129 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €517 | €0 | -€517 | -100.0% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Non-recurring operating charges | 66A | - | €8,954 | +€8,954 | |
| Gross operating margin | 9900 | €27,139 | -€22,385 | -€49,524 | |
| Operating profit (loss) | 9901 | €26,095 | -€31,883 | -€57,978 | |
| Financial income | 75/76B | €673 | €59 | -€614 | -91.2% |
| Recurring financial income | 75 | €673 | €59 | -€614 | -91.2% |
| Financial charges | 65/66B | €1,138 | €1,944 | +€806 | +70.8% |
| Recurring financial charges | 65 | €1,138 | €1,944 | +€806 | +70.8% |
| Profit (loss) for the period before taxes | 9903 | €25,630 | -€33,768 | -€59,398 | |
| Income taxes | 67/77 | - | €3,471 | +€3,471 | |
| Profit (loss) for the period | 9904 | €25,630 | -€37,239 | -€62,869 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,630 | -€37,239 | -€62,869 |
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 6 October 2026 via checked.be.