UVO Management: 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.
UVO Management
Largest movements
- Cash -€43,787
down €43,787 (-32.8%), from €133,495 to €89,707
mainly Current portion of long-term debt (-€42,118) and Other debts (-€21,698)
- Receivables within one year +€14,976
up €14,976 (+567%), from €2,644 to €17,619
of which Trade receivables: +€15,176
- Tangible fixed assets -€7,366
down €7,366 (-9.9%), from €74,106 to €66,740
of which Land and buildings: -€5,090
- Current portion of long-term debt -€42,118
down €42,118 (-81.1%), from €51,909 to €9,791
- Reserves +€35,000
up €35,000 (+10.9%), from €320,000 to €355,000
- Other debts -€21,698
down €21,698 (-84.0%), from €25,829 to €4,130
- Debts after one year -€9,791
down €9,791 (-7.2%), from €136,128 to €126,337
- Financial income +€19,699
up €19,699 (+6,538%), from €301 to €20,000
- Gross operating margin +€5,077
up €5,077 (+10.7%), from €47,232 to €52,309
- Depreciation +€1,524
up €1,524 (+13.7%), from €11,112 to €12,636
- Financial charges -€699
down €699 (-19.8%), from €3,525 to €2,826
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 | €559,090 | €527,166 | -€31,925 | -5.7% |
| Fixed assets | 21/28 | €422,106 | €419,740 | -€2,366 | -0.6% |
| Tangible fixed assets | 22/27 | €74,106 | €66,740 | -€7,366 | -9.9% |
| Land and buildings | 22 | €52,553 | €47,464 | -€5,090 | -9.7% |
| Furniture and vehicles | 24 | €18,103 | €17,203 | -€900 | -5.0% |
| Other tangible fixed assets | 26 | €3,450 | €2,074 | -€1,377 | -39.9% |
| Financial fixed assets | 28 | €348,000 | €353,000 | +€5,000 | +1.4% |
| Current assets | 29/58 | €136,984 | €107,426 | -€29,559 | -21.6% |
| Amounts receivable within one year | 40/41 | €2,644 | €17,619 | +€14,976 | +567% |
| Trade receivables | 40 | €94 | €15,269 | +€15,176 | +16,227% |
| Other amounts receivable | 41 | €2,550 | €2,350 | -€200 | -7.8% |
| Cash at bank and in hand | 54/58 | €133,495 | €89,707 | -€43,787 | -32.8% |
| Deferred charges and accrued income | 490/1 | €846 | €99 | -€747 | -88.3% |
| Total equity and liabilities | 10/49 | €559,090 | €527,166 | -€31,925 | -5.7% |
| Equity | 10/15 | €325,709 | €361,565 | +€35,857 | +11.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €320,000 | €355,000 | +€35,000 | +10.9% |
| Distributable reserves | 133 | €320,000 | €355,000 | +€35,000 | +10.9% |
| Profit (loss) carried forward | 14 | €709 | €1,565 | +€857 | +121% |
| Amounts payable | 17/49 | €233,382 | €165,600 | -€67,781 | -29.0% |
| Amounts payable after more than one year | 17 | €136,128 | €126,337 | -€9,791 | -7.2% |
| Financial debts | 170/4 | €136,128 | €126,337 | -€9,791 | -7.2% |
| Amounts payable within one year | 42/48 | €87,907 | €28,524 | -€59,383 | -67.6% |
| Current portion of amounts payable after more than one year | 42 | €51,909 | €9,791 | -€42,118 | -81.1% |
| Taxes, remuneration and social security | 45 | €10,169 | €14,603 | +€4,434 | +43.6% |
| Taxes | 450/3 | €10,169 | €14,603 | +€4,434 | +43.6% |
| Other amounts payable | 47/48 | €25,829 | €4,130 | -€21,698 | -84.0% |
| Accrued charges and deferred income | 492/3 | €9,347 | €10,739 | +€1,392 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,112 | €12,636 | +€1,524 | +13.7% |
| Other operating charges | 640/8 | €1,019 | €1,346 | +€328 | +32.2% |
| Gross operating margin | 9900 | €47,232 | €52,309 | +€5,077 | +10.7% |
| Operating profit (loss) | 9901 | €35,101 | €38,326 | +€3,225 | +9.2% |
| Financial income | 75/76B | €301 | €20,000 | +€19,699 | +6,538% |
| Recurring financial income | 75 | €301 | €20,000 | +€19,699 | +6,538% |
| Financial charges | 65/66B | €3,525 | €2,826 | -€699 | -19.8% |
| Recurring financial charges | 65 | €3,525 | €2,826 | -€699 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €31,878 | €55,500 | +€23,623 | +74.1% |
| Income taxes | 67/77 | €7,444 | €7,644 | +€200 | +2.7% |
| Profit (loss) for the period | 9904 | €24,434 | €47,857 | +€23,422 | +95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,434 | €47,857 | +€23,422 | +95.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.