UV-SYSTEM DESIGN CENTER: 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.
UV-SYSTEM DESIGN CENTER
Largest movements
- Cash -€159,387
down €159,387 (-90.1%), from €176,977 to €17,590
mainly Trade debts (-€168,230) and Net result for the year (-€82,883)
- Receivables within one year -€114,751
down €114,751 (-24.4%), from €470,091 to €355,340
of which Trade receivables: -€105,071
- Tangible fixed assets -€71,863
down €71,863 (-10.1%), from €710,265 to €638,402
- Trade debts -€168,230
down €168,230 (-29.6%), from €568,347 to €400,117
- Profit (loss) carried forward -€82,883
down €82,883, from €0 to -€82,883
- Debts after one year -€72,989
down €72,989 (-17.8%), from €409,347 to €336,358
- Tax, wage and social debts -€31,844
down €31,844 (-57.7%), from €55,205 to €23,360
of which Taxes: -€31,689
- Current portion of long-term debt +€21,370
up €21,370 (+27.8%), from €76,758 to €98,128
- Gross operating margin -€131,475
down €131,475 (-36.7%), from €357,809 to €226,334
- Financial charges -€6,148
down €6,148 (-23.7%), from €25,977 to €19,828
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 | €1,979,890 | €1,647,151 | -€332,739 | -16.8% |
| Fixed assets | 21/28 | €710,265 | €638,402 | -€71,863 | -10.1% |
| Tangible fixed assets | 22/27 | €710,265 | €638,402 | -€71,863 | -10.1% |
| Land and buildings | 22 | €536,517 | €517,500 | -€19,017 | -3.5% |
| Plant, machinery and equipment | 23 | €64,256 | €41,201 | -€23,055 | -35.9% |
| Furniture and vehicles | 24 | €69,538 | €44,866 | -€24,672 | -35.5% |
| Other tangible fixed assets | 26 | €39,954 | €34,835 | -€5,119 | -12.8% |
| Current assets | 29/58 | €1,269,625 | €1,008,749 | -€260,877 | -20.5% |
| Stocks and contracts in progress | 3 | €602,097 | €596,785 | -€5,312 | -0.9% |
| Stocks | 30/36 | €602,097 | €596,785 | -€5,312 | -0.9% |
| Amounts receivable within one year | 40/41 | €470,091 | €355,340 | -€114,751 | -24.4% |
| Trade receivables | 40 | €445,103 | €340,032 | -€105,071 | -23.6% |
| Other amounts receivable | 41 | €24,988 | €15,308 | -€9,680 | -38.7% |
| Cash at bank and in hand | 54/58 | €176,977 | €17,590 | -€159,387 | -90.1% |
| Deferred charges and accrued income | 490/1 | €20,460 | €39,033 | +€18,573 | +90.8% |
| Total equity and liabilities | 10/49 | €1,979,890 | €1,647,151 | -€332,739 | -16.8% |
| Equity | 10/15 | €719,006 | €636,123 | -€82,883 | -11.5% |
| Contributions | 10/11 | €185,000 | €185,000 | = | 0.0% |
| Reserves | 13 | €534,006 | €534,006 | = | 0.0% |
| Distributable reserves | 133 | €534,006 | €534,006 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€82,883 | -€82,883 | |
| Amounts payable | 17/49 | €1,260,884 | €1,011,028 | -€249,856 | -19.8% |
| Amounts payable after more than one year | 17 | €409,347 | €336,358 | -€72,989 | -17.8% |
| Financial debts | 170/4 | €409,347 | €336,358 | -€72,989 | -17.8% |
| Amounts payable within one year | 42/48 | €851,537 | €671,737 | -€179,801 | -21.1% |
| Current portion of amounts payable after more than one year | 42 | €76,758 | €98,128 | +€21,370 | +27.8% |
| Financial debts | 43 | €151,228 | €150,000 | -€1,228 | -0.8% |
| Credit institutions | 430/8 | €151,228 | €150,000 | -€1,228 | -0.8% |
| Trade debts | 44 | €568,347 | €400,117 | -€168,230 | -29.6% |
| Suppliers | 440/4 | €568,347 | €400,117 | -€168,230 | -29.6% |
| Taxes, remuneration and social security | 45 | €55,205 | €23,360 | -€31,844 | -57.7% |
| Taxes | 450/3 | €33,814 | €2,125 | -€31,689 | -93.7% |
| Remuneration and social security | 454/9 | €21,391 | €21,236 | -€155 | -0.7% |
| Other amounts payable | 47/48 | - | €131 | +€131 | |
| Accrued charges and deferred income | 492/3 | - | €2,933 | +€2,933 | |
| Remuneration, social security and pensions | 62 | €207,510 | €207,132 | -€378 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,483 | €75,061 | +€578 | +0.8% |
| Other operating charges | 640/8 | €4,750 | €7,915 | +€3,166 | +66.6% |
| Non-recurring operating charges | 66A | €540 | €190 | -€350 | -64.7% |
| Gross operating margin | 9900 | €357,809 | €226,334 | -€131,475 | -36.7% |
| Operating profit (loss) | 9901 | €70,526 | -€63,965 | -€134,491 | |
| Financial income | 75/76B | €4,024 | €1,405 | -€2,619 | -65.1% |
| Recurring financial income | 75 | €4,024 | €1,405 | -€2,619 | -65.1% |
| Financial charges | 65/66B | €25,977 | €19,828 | -€6,148 | -23.7% |
| Recurring financial charges | 65 | €25,977 | €19,828 | -€6,148 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €48,573 | -€82,389 | -€130,962 | |
| Income taxes | 67/77 | €2,125 | €494 | -€1,631 | -76.7% |
| Profit (loss) for the period | 9904 | €46,448 | -€82,883 | -€129,331 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,448 | -€82,883 | -€129,331 |
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 31 October 2026 via checked.be.