UVP: 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.
UVP
Largest movements
- Receivables within one year -€1.9m
down €1.9m (-69.6%), from €2.8m to €848,021
- Cash -€710,306
down €710,306 (-98.2%), from €723,653 to €13,347
mainly Contributions, distributions and other (-€2.6m) and Investment in fixed assets (net) (-€368,058)
- Contributions -€1.8m
down €1.8m (-5.6%), from €32.3m to €30.5m
- Financial income -€4.0m
down €4.0m (-91.1%), from €4.4m to €389,151
- Gross operating margin +€6,899
up €6,899 (+76.2%), from -€9,058 to -€2,159
- Depreciation -€2,467
down €2,467 (-32.8%), from €7,525 to €5,058
- Financial charges -€765
down €765 (-72.9%), from €1,049 to €284
- Taxes -€175
down €175 (-58.1%), from €301 to €126
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 | €45,834,322 | €43,614,672 | -€2.2m | -4.8% |
| Fixed assets | 21/28 | €42,323,535 | €42,686,535 | +€363,000 | +0.9% |
| Tangible fixed assets | 22/27 | €5,058 | - | -€5,058 | |
| Furniture and vehicles | 24 | €5,058 | - | -€5,058 | |
| Financial fixed assets | 28 | €42,318,477 | €42,686,535 | +€368,058 | +0.9% |
| Current assets | 29/58 | €3,510,786 | €928,137 | -€2.6m | -73.6% |
| Amounts receivable within one year | 40/41 | €2,786,197 | €848,021 | -€1.9m | -69.6% |
| Other amounts receivable | 41 | €2,786,197 | €848,021 | -€1.9m | -69.6% |
| Cash at bank and in hand | 54/58 | €723,653 | €13,347 | -€710,306 | -98.2% |
| Deferred charges and accrued income | 490/1 | €936 | €66,770 | +€65,833 | +7031.4% |
| Total equity and liabilities | 10/49 | €45,834,322 | €43,614,672 | -€2.2m | -4.8% |
| Equity | 10/15 | €45,834,020 | €43,614,546 | -€2.2m | -4.8% |
| Contributions | 10/11 | €32,284,158 | €30,464,158 | -€1.8m | -5.6% |
| Profit (loss) carried forward | 14 | €13,549,862 | €13,150,388 | -€399,474 | -2.9% |
| Amounts payable | 17/49 | €301 | €126 | -€175 | -58.1% |
| Amounts payable within one year | 42/48 | €301 | €126 | -€175 | -58.1% |
| Taxes, remuneration and social security | 45 | €301 | €126 | -€175 | -58.1% |
| Taxes | 450/3 | €301 | €126 | -€175 | -58.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,525 | €5,058 | -€2,467 | -32.8% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€9,058 | -€2,159 | +€6,899 | +76.2% |
| Operating profit (loss) | 9901 | -€17,551 | -€8,215 | +€9,336 | +53.2% |
| Financial income | 75/76B | €4,366,160 | €389,151 | -€4.0m | -91.1% |
| Recurring financial income | 75 | €4,366,160 | €389,151 | -€4.0m | -91.1% |
| Financial charges | 65/66B | €1,049 | €284 | -€765 | -72.9% |
| Recurring financial charges | 65 | €1,049 | €284 | -€765 | -72.9% |
| Profit (loss) for the period before taxes | 9903 | €4,347,561 | €380,652 | -€4.0m | -91.2% |
| Income taxes | 67/77 | €301 | €126 | -€175 | -58.1% |
| Profit (loss) for the period | 9904 | €4,347,259 | €380,526 | -€4.0m | -91.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,347,259 | €380,526 | -€4.0m | -91.2% |
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 7 October 2026 via checked.be.