uw admin+: 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.
uw admin+
Largest movements
- Tangible fixed assets -€407,819
down €407,819 (-54.3%), from €751,509 to €343,690
of which Land and buildings: -€378,486
- Receivables within one year +€65,426
up €65,426 (+209.6%), from €31,220 to €96,646
of which Other amounts receivable: +€89,917
- Cash +€44,030
up €44,030 (+148.0%), from €29,753 to €73,783
mainly Investment in fixed assets (net) (+€396,004) and Tax, wage and social debts (+€53,637)
- Debts after one year -€290,536
down €290,536 (-49.3%), from €589,600 to €299,063
of which Financial debts: -€278,036
- Tax, wage and social debts +€53,637
up €53,637 (+263.3%), from €20,373 to €74,010
of which Taxes: +€54,941
- Other debts -€41,732
down €41,732 (-64.9%), from €64,270 to €22,539
- Current portion of long-term debt -€20,459
down €20,459 (-52.5%), from €38,986 to €18,528
- Contributions -€11,900
down €11,900 (-39.7%), from €30,000 to €18,100
- Gross operating margin -€37,331
down €37,331 (-29.0%), from €128,788 to €91,457
- Depreciation -€25,228
down €25,228 (-64.1%), from €39,344 to €14,116
- Staff costs +€12,038
up €12,038 (+22.9%), from €52,471 to €64,509
- Taxes -€4,995
down €4,995 (-100.0%), from €4,995 to €0
- Financial income -€3,054
down €3,054 (-88.1%), from €3,466 to €413
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 | €817,941 | €514,402 | -€303,539 | -37.1% |
| Fixed assets | 21/28 | €753,809 | €343,690 | -€410,119 | -54.4% |
| Tangible fixed assets | 22/27 | €751,509 | €343,690 | -€407,819 | -54.3% |
| Land and buildings | 22 | €718,883 | €340,397 | -€378,486 | -52.6% |
| Plant, machinery and equipment | 23 | €28,276 | €3,293 | -€24,983 | -88.4% |
| Furniture and vehicles | 24 | €4,351 | €0 | -€4,351 | -100.0% |
| Financial fixed assets | 28 | €2,300 | €0 | -€2,300 | -100.0% |
| Current assets | 29/58 | €64,132 | €170,712 | +€106,580 | +166.2% |
| Amounts receivable within one year | 40/41 | €31,220 | €96,646 | +€65,426 | +209.6% |
| Trade receivables | 40 | €24,491 | €0 | -€24,491 | -100.0% |
| Other amounts receivable | 41 | €6,729 | €96,646 | +€89,917 | +1336.2% |
| Cash at bank and in hand | 54/58 | €29,753 | €73,783 | +€44,030 | +148.0% |
| Deferred charges and accrued income | 490/1 | €3,158 | €283 | -€2,876 | -91.1% |
| Total equity and liabilities | 10/49 | €817,941 | €514,402 | -€303,539 | -37.1% |
| Equity | 10/15 | €87,827 | €81,241 | -€6,586 | -7.5% |
| Contributions | 10/11 | €30,000 | €18,100 | -€11,900 | -39.7% |
| Reserves | 13 | €57,827 | €63,140 | +€5,313 | +9.2% |
| Non-distributable reserves | 130/1 | - | €37,205 | +€37,205 | |
| Reserves not available under the articles | 1311 | - | €37,205 | +€37,205 | |
| Distributable reserves | 133 | €57,827 | €25,936 | -€31,891 | -55.1% |
| Amounts payable | 17/49 | €730,114 | €433,161 | -€296,953 | -40.7% |
| Amounts payable after more than one year | 17 | €589,600 | €299,063 | -€290,536 | -49.3% |
| Financial debts | 170/4 | €557,100 | €279,063 | -€278,036 | -49.9% |
| Other amounts payable | 178/9 | €32,500 | €20,000 | -€12,500 | -38.5% |
| Amounts payable within one year | 42/48 | €135,197 | €132,345 | -€2,852 | -2.1% |
| Current portion of amounts payable after more than one year | 42 | €38,986 | €18,528 | -€20,459 | -52.5% |
| Trade debts | 44 | €11,567 | €17,268 | +€5,701 | +49.3% |
| Suppliers | 440/4 | €11,567 | €17,268 | +€5,701 | +49.3% |
| Taxes, remuneration and social security | 45 | €20,373 | €74,010 | +€53,637 | +263.3% |
| Taxes | 450/3 | €12,723 | €67,664 | +€54,941 | +431.8% |
| Remuneration and social security | 454/9 | €7,651 | €6,346 | -€1,305 | -17.1% |
| Other amounts payable | 47/48 | €64,270 | €22,539 | -€41,732 | -64.9% |
| Accrued charges and deferred income | 492/3 | €5,317 | €1,753 | -€3,564 | -67.0% |
| Non-recurring operating income | 76A | - | €66,189 | +€66,189 | |
| Remuneration, social security and pensions | 62 | €52,471 | €64,509 | +€12,038 | +22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,344 | €14,116 | -€25,228 | -64.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,841 | €2,407 | -€434 | -15.3% |
| Gross operating margin | 9900 | €128,788 | €91,457 | -€37,331 | -29.0% |
| Operating profit (loss) | 9901 | €34,132 | €10,425 | -€23,706 | -69.5% |
| Financial income | 75/76B | €3,466 | €413 | -€3,054 | -88.1% |
| Recurring financial income | 75 | €3,466 | €413 | -€3,054 | -88.1% |
| Financial charges | 65/66B | €19,527 | €19,792 | +€265 | +1.4% |
| Recurring financial charges | 65 | €19,527 | €19,792 | +€265 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €18,071 | -€8,954 | -€27,025 | |
| Income taxes | 67/77 | €4,995 | €0 | -€4,995 | -100.0% |
| Profit (loss) for the period | 9904 | €13,076 | -€8,954 | -€22,030 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,076 | -€8,954 | -€22,030 |
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.