UVE: 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.
UVE
Largest movements
- Cash -€33,364
down €33,364 (-47.9%), from €69,644 to €36,280
mainly Trade debts (-€49,226) and Debts after one year (-€44,981)
- Tangible fixed assets -€25,428
down €25,428 (-3.1%), from €814,768 to €789,340
of which Land and buildings: -€54,818
- Current investments +€24,555
up €24,555 (+407.9%), from €6,020 to €30,575
- Receivables within one year -€20,138
down €20,138 (-29.8%), from €67,482 to €47,345
- Stocks and contracts -€15,533
down €15,533 (-63.7%), from €24,383 to €8,850
of which Contracts in progress: -€9,000
- Trade debts -€49,226
down €49,226 (-34.4%), from €142,914 to €93,687
- Debts after one year -€44,981
down €44,981 (-6.9%), from €650,665 to €605,684
- Other debts +€23,823
up €23,823 (+40.8%), from €58,409 to €82,232
- Accrued charges and deferred income +€11,652
up €11,652 (+241.6%), from €4,822 to €16,475
- Gross operating margin +€34,776
up €34,776 (+63.5%), from €54,807 to €89,583
- Financial income -€18,958
down €18,958 (-94.9%), from €19,973 to €1,015
- Depreciation +€16,198
up €16,198 (+34.5%), from €46,897 to €63,095
- Staff costs -€1,458
down €1,458 (-81.0%), from €1,800 to €342
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 | €982,297 | €925,160 | -€57,137 | -5.8% |
| Fixed assets | 21/28 | €814,768 | €789,340 | -€25,428 | -3.1% |
| Tangible fixed assets | 22/27 | €814,768 | €789,340 | -€25,428 | -3.1% |
| Land and buildings | 22 | €795,518 | €740,700 | -€54,818 | -6.9% |
| Plant, machinery and equipment | 23 | €13,183 | €44,173 | +€30,990 | +235.1% |
| Furniture and vehicles | 24 | €6,067 | €4,467 | -€1,600 | -26.4% |
| Current assets | 29/58 | €167,530 | €135,820 | -€31,710 | -18.9% |
| Stocks and contracts in progress | 3 | €24,383 | €8,850 | -€15,533 | -63.7% |
| Stocks | 30/36 | €12,383 | €5,850 | -€6,533 | -52.8% |
| Contracts in progress | 37 | €12,000 | €3,000 | -€9,000 | -75.0% |
| Amounts receivable within one year | 40/41 | €67,482 | €47,345 | -€20,138 | -29.8% |
| Trade receivables | 40 | €67,482 | €47,345 | -€20,138 | -29.8% |
| Current investments | 50/53 | €6,020 | €30,575 | +€24,555 | +407.9% |
| Cash at bank and in hand | 54/58 | €69,644 | €36,280 | -€33,364 | -47.9% |
| Deferred charges and accrued income | 490/1 | - | €12,770 | +€12,770 | |
| Total equity and liabilities | 10/49 | €982,297 | €925,160 | -€57,137 | -5.8% |
| Equity | 10/15 | €57,724 | €60,072 | +€2,347 | +4.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €45,324 | €47,672 | +€2,347 | +5.2% |
| Distributable reserves | 133 | €45,324 | €47,672 | +€2,347 | +5.2% |
| Amounts payable | 17/49 | €924,573 | €865,088 | -€59,485 | -6.4% |
| Amounts payable after more than one year | 17 | €650,665 | €605,684 | -€44,981 | -6.9% |
| Financial debts | 170/4 | €650,665 | €605,684 | -€44,981 | -6.9% |
| Amounts payable within one year | 42/48 | €269,086 | €242,930 | -€26,156 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €43,946 | €44,981 | +€1,035 | +2.4% |
| Trade debts | 44 | €142,914 | €93,687 | -€49,226 | -34.4% |
| Suppliers | 440/4 | €142,914 | €93,687 | -€49,226 | -34.4% |
| Taxes, remuneration and social security | 45 | €23,817 | €22,029 | -€1,788 | -7.5% |
| Taxes | 450/3 | €21,817 | €14,779 | -€7,038 | -32.3% |
| Remuneration and social security | 454/9 | €2,000 | €7,250 | +€5,250 | +262.5% |
| Other amounts payable | 47/48 | €58,409 | €82,232 | +€23,823 | +40.8% |
| Accrued charges and deferred income | 492/3 | €4,822 | €16,475 | +€11,652 | +241.6% |
| Remuneration, social security and pensions | 62 | €1,800 | €342 | -€1,458 | -81.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,897 | €63,095 | +€16,198 | +34.5% |
| Other operating charges | 640/8 | €6,303 | €5,914 | -€389 | -6.2% |
| Gross operating margin | 9900 | €54,807 | €89,583 | +€34,776 | +63.5% |
| Operating profit (loss) | 9901 | -€193 | €20,232 | +€20,425 | |
| Financial income | 75/76B | €19,973 | €1,015 | -€18,958 | -94.9% |
| Recurring financial income | 75 | €19,973 | €1,015 | -€18,958 | -94.9% |
| Financial charges | 65/66B | €17,230 | €17,925 | +€696 | +4.0% |
| Recurring financial charges | 65 | €17,230 | €17,925 | +€696 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €2,550 | €3,322 | +€772 | +30.3% |
| Income taxes | 67/77 | €832 | €974 | +€142 | +17.1% |
| Profit (loss) for the period | 9904 | €1,718 | €2,347 | +€630 | +36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,718 | €2,347 | +€630 | +36.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.