Skip to content

Uways: 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.

What changed

Uways

BE 0738.578.190
NACE 42.220, Construction of utility projects for electricity and telecommunications
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€45,846
2024 · €12,077-€57,924
Equity
-€19,561
2024 · €26,285-€45,846
Cash
€1,153
2024 · €35,317-€34,163
Balance sheet total
€100,911
2024 · €66,721+€34,189

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€40,033

    up €40,033 (+326.8%), from €12,249 to €52,282

    of which Furniture and vehicles: +€25,293

  • Cash -€34,163

    down €34,163 (-96.7%), from €35,317 to €1,153

    mainly Investment in fixed assets (net) (-€50,018) and Net result for the year (-€45,846)

  • Receivables within one year +€26,111

    up €26,111 (+142.0%), from €18,390 to €44,501

    of which Trade receivables: +€24,966

  • Deferred charges and accrued income +€2,209

    up €2,209 (+288.4%), from €766 to €2,974

Equity and liabilities
  • Other debts +€59,810

    up €59,810 (+295.0%), from €20,277 to €80,087

  • Profit (loss) carried forward -€45,844

    new in 2025: -€45,844

  • Trade debts +€20,772

    up €20,772 (+486.9%), from €4,266 to €25,037

Income statement
  • Staff costs +€41,493

    up €41,493 (+271.1%), from €15,304 to €56,797

  • Gross operating margin -€18,986

    down €18,986 (-45.8%), from €41,436 to €22,451

  • Taxes -€7,685

    down €7,685 (-98.2%), from €7,826 to €141

  • Depreciation +€4,556

    up €4,556 (+83.9%), from €5,428 to €9,985

  • Other operating charges +€588

    up €588 (+79.8%), from €737 to €1,325

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €12,077
Gross operating margin -€18,986
Staff costs -€41,493
Depreciation -€4,556
Other operating charges -€588
Financial income +€1
Financial charges +€14
Taxes +€7,685
Result 2025 -€45,846

Cash bridge derived

cash 2024 to 2025

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.

From operations +€15,854
Investment -€50,018
Financing €0
Cash 2024 €35,317
Net result for the year -€45,846
Depreciation +€9,985
Receivables within one year -€26,111
Deferred charges and accrued income -€2,209
Trade debts +€20,772
Tax, wage and social debts -€546
Other debts +€59,810
Investment in fixed assets (net) -€50,018
Cash 2025 €1,153
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €66,721 €100,911 +€34,189 +51.2%
Fixed assets 21/28 €12,249 €52,282 +€40,033 +326.8%
Tangible fixed assets 22/27 €12,249 €52,282 +€40,033 +326.8%
Plant, machinery and equipment 23 - €14,740 +€14,740
Furniture and vehicles 24 €12,249 €37,542 +€25,293 +206.5%
Current assets 29/58 €54,472 €48,629 -€5,844 -10.7%
Amounts receivable within one year 40/41 €18,390 €44,501 +€26,111 +142.0%
Trade receivables 40 €18,323 €43,289 +€24,966 +136.3%
Other amounts receivable 41 €67 €1,212 +€1,145 +1701.1%
Cash at bank and in hand 54/58 €35,317 €1,153 -€34,163 -96.7%
Deferred charges and accrued income 490/1 €766 €2,974 +€2,209 +288.4%
Total equity and liabilities 10/49 €66,721 €100,911 +€34,189 +51.2%
Equity 10/15 €26,285 -€19,561 -€45,846
Contributions 10/11 €250 €250 = 0.0%
Reserves 13 €26,035 €26,032 -€2 0.0%
Distributable reserves 133 €26,035 €26,032 -€2 0.0%
Profit (loss) carried forward 14 - -€45,844 -€45,844
Amounts payable 17/49 €40,436 €120,472 +€80,035 +197.9%
Amounts payable within one year 42/48 €40,436 €120,472 +€80,035 +197.9%
Trade debts 44 €4,266 €25,037 +€20,772 +486.9%
Suppliers 440/4 €4,266 €25,037 +€20,772 +486.9%
Taxes, remuneration and social security 45 €15,894 €15,348 -€546 -3.4%
Taxes 450/3 €14,241 €6,966 -€7,275 -51.1%
Remuneration and social security 454/9 €1,653 €8,382 +€6,729 +407.1%
Other amounts payable 47/48 €20,277 €80,087 +€59,810 +295.0%
Remuneration, social security and pensions 62 €15,304 €56,797 +€41,493 +271.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,428 €9,985 +€4,556 +83.9%
Other operating charges 640/8 €737 €1,325 +€588 +79.8%
Gross operating margin 9900 €41,436 €22,451 -€18,986 -45.8%
Operating profit (loss) 9901 €19,967 -€45,656 -€65,623
Financial income 75/76B €12 €13 +€1 +4.4%
Recurring financial income 75 €12 €13 +€1 +4.4%
Financial charges 65/66B €76 €62 -€14 -17.8%
Recurring financial charges 65 €76 €62 -€14 -17.8%
Profit (loss) for the period before taxes 9903 €19,903 -€45,706 -€65,609
Income taxes 67/77 €7,826 €141 -€7,685 -98.2%
Profit (loss) for the period 9904 €12,077 -€45,846 -€57,924
Profit (loss) for the period to be appropriated 9905 €12,077 -€45,846 -€57,924

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 6 October 2026 via checked.be.