UVA Projects: 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.
UVA Projects
Largest movements
- Stocks and contracts -€798,992
down €798,992 (-23.0%), from €3.5m to €2.7m
of which Stocks: -€922,233
- Other debts -€967,641
down €967,641 (-53.5%), from €1.8m to €840,722
- Short-term financial debts +€665,914
up €665,914 (+55.6%), from €1.2m to €1.9m
- Advances received -€424,861
down €424,861 (-96.1%), from €441,950 to €17,090
- Trade debts -€219,728
down €219,728 (-61.4%), from €357,595 to €137,867
- Profit (loss) carried forward +€70,998
up €70,998 (+1,364%), from €5,204 to €76,202
- Gross operating margin +€208,038
up €208,038, from -€34,397 to €173,641
- Financial charges -€24,866
down €24,866 (-67.2%), from €36,989 to €12,122
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 | €3,841,988 | €2,989,549 | -€852,439 | -22.2% |
| Current assets | 29/58 | €3,841,988 | €2,989,549 | -€852,439 | -22.2% |
| Stocks and contracts in progress | 3 | €3,475,816 | €2,676,824 | -€798,992 | -23.0% |
| Stocks | 30/36 | €2,950,291 | €2,028,059 | -€922,233 | -31.3% |
| Contracts in progress | 37 | €525,525 | €648,765 | +€123,240 | +23.5% |
| Amounts receivable within one year | 40/41 | €328,079 | €309,358 | -€18,721 | -5.7% |
| Trade receivables | 40 | €272,618 | €306,366 | +€33,748 | +12.4% |
| Other amounts receivable | 41 | €55,461 | €2,992 | -€52,469 | -94.6% |
| Cash at bank and in hand | 54/58 | €38,093 | €551 | -€37,542 | -98.6% |
| Deferred charges and accrued income | 490/1 | - | €2,816 | +€2,816 | |
| Total equity and liabilities | 10/49 | €3,841,988 | €2,989,549 | -€852,439 | -22.2% |
| Equity | 10/15 | €15,204 | €86,202 | +€70,998 | +467% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,204 | €76,202 | +€70,998 | +1,364% |
| Amounts payable | 17/49 | €3,826,784 | €2,903,347 | -€923,437 | -24.1% |
| Amounts payable within one year | 42/48 | €3,819,822 | €2,891,349 | -€928,473 | -24.3% |
| Financial debts | 43 | €1,197,289 | €1,863,203 | +€665,914 | +55.6% |
| Credit institutions | 430/8 | €1,197,289 | €1,863,203 | +€665,914 | +55.6% |
| Trade debts | 44 | €357,595 | €137,867 | -€219,728 | -61.4% |
| Suppliers | 440/4 | €357,595 | €137,867 | -€219,728 | -61.4% |
| Advances received on contracts in progress | 46 | €441,950 | €17,090 | -€424,861 | -96.1% |
| Taxes, remuneration and social security | 45 | €14,624 | €32,467 | +€17,842 | +122% |
| Taxes | 450/3 | €14,624 | €32,467 | +€17,842 | +122% |
| Other amounts payable | 47/48 | €1,808,363 | €840,722 | -€967,641 | -53.5% |
| Accrued charges and deferred income | 492/3 | €6,962 | €11,998 | +€5,036 | +72.3% |
| Other operating charges | 640/8 | €1,030 | €1,060 | +€31 | +3.0% |
| Gross operating margin | 9900 | -€34,397 | €173,641 | +€208,038 | |
| Operating profit (loss) | 9901 | -€35,427 | €172,580 | +€208,007 | |
| Financial income | 75/76B | €0 | €540 | +€540 | +2,698,750% |
| Recurring financial income | 75 | €0 | €540 | +€540 | +2,698,750% |
| Financial charges | 65/66B | €36,989 | €12,122 | -€24,866 | -67.2% |
| Recurring financial charges | 65 | €36,989 | €12,122 | -€24,866 | -67.2% |
| Profit (loss) for the period before taxes | 9903 | -€72,415 | €160,998 | +€233,413 | |
| Income taxes | 67/77 | -€987 | - | +€987 | |
| Profit (loss) for the period | 9904 | -€71,428 | €160,998 | +€232,426 | |
| Profit (loss) for the period to be appropriated | 9905 | -€71,428 | €160,998 | +€232,426 |
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 20 October 2026 via checked.be.