UwPayroll: 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.
UwPayroll
Largest movements
- Cash +€222,004
up €222,004 (+17.4%), from €1.3m to €1.5m
mainly Net result for the year (+€503,164) and Depreciation (+€200,084)
- Intangible fixed assets +€149,971
up €149,971 (+144.2%), from €104,000 to €253,971
- Current investments +€137,934
up €137,934 (+535.5%), from €25,756 to €163,689
- Tangible fixed assets -€129,983
down €129,983 (-10.1%), from €1.3m to €1.2m
of which Land and buildings: -€76,431
- Reserves +€362,704
up €362,704 (+25.4%), from €1.4m to €1.8m
of which Distributable reserves: +€285,768
- Accrued charges and deferred income +€67,372
up €67,372, from €0 to €67,372
- Debts after one year -€56,071
down €56,071 (-6.8%), from €830,313 to €774,242
- Tax, wage and social debts -€45,386
down €45,386 (-22.0%), from €206,510 to €161,124
of which Taxes: -€53,324
- Other debts +€40,000
up €40,000, from €0 to €40,000
- Gross operating margin +€158,416
up €158,416 (+10.0%), from €1.6m to €1.7m
- Depreciation +€56,104
up €56,104 (+39.0%), from €143,980 to €200,084
- Taxes +€48,122
up €48,122 (+26.8%), from €179,830 to €227,952
- Staff costs -€31,450
down €31,450 (-3.9%), from €815,324 to €783,874
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 | €2,900,036 | €3,265,440 | +€365,404 | +12.6% |
| Fixed assets | 21/28 | €1,393,506 | €1,413,494 | +€19,988 | +1.4% |
| Intangible fixed assets | 21 | €104,000 | €253,971 | +€149,971 | +144.2% |
| Tangible fixed assets | 22/27 | €1,289,506 | €1,159,523 | -€129,983 | -10.1% |
| Land and buildings | 22 | €1,109,032 | €1,032,601 | -€76,431 | -6.9% |
| Furniture and vehicles | 24 | €152,609 | €106,160 | -€46,450 | -30.4% |
| Other tangible fixed assets | 26 | €27,865 | €20,762 | -€7,102 | -25.5% |
| Current assets | 29/58 | €1,506,530 | €1,851,946 | +€345,416 | +22.9% |
| Amounts receivable within one year | 40/41 | €180,211 | €149,248 | -€30,963 | -17.2% |
| Trade receivables | 40 | €127,078 | €125,030 | -€2,047 | -1.6% |
| Other amounts receivable | 41 | €53,133 | €24,217 | -€28,916 | -54.4% |
| Current investments | 50/53 | €25,756 | €163,689 | +€137,934 | +535.5% |
| Cash at bank and in hand | 54/58 | €1,275,436 | €1,497,439 | +€222,004 | +17.4% |
| Deferred charges and accrued income | 490/1 | €25,128 | €41,570 | +€16,442 | +65.4% |
| Total equity and liabilities | 10/49 | €2,900,036 | €3,265,440 | +€365,404 | +12.6% |
| Equity | 10/15 | €1,564,523 | €1,927,227 | +€362,704 | +23.2% |
| Contributions | 10/11 | €138,600 | €138,600 | = | 0.0% |
| Reserves | 13 | €1,425,923 | €1,788,627 | +€362,704 | +25.4% |
| Tax-exempt reserves | 132 | €384,421 | €461,358 | +€76,936 | +20.0% |
| Distributable reserves | 133 | €1,041,502 | €1,327,270 | +€285,768 | +27.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €32,000 | €36,000 | +€4,000 | +12.5% |
| Provisions for liabilities and charges | 160/5 | €32,000 | €36,000 | +€4,000 | +12.5% |
| Environmental obligations | 163 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €32,000 | €36,000 | +€4,000 | +12.5% |
| Amounts payable | 17/49 | €1,303,513 | €1,302,213 | -€1,300 | -0.1% |
| Amounts payable after more than one year | 17 | €830,313 | €774,242 | -€56,071 | -6.8% |
| Financial debts | 170/4 | €830,313 | €774,242 | -€56,071 | -6.8% |
| Amounts payable within one year | 42/48 | €473,200 | €460,599 | -€12,601 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €55,203 | €56,071 | +€868 | +1.6% |
| Trade debts | 44 | €211,488 | €203,404 | -€8,084 | -3.8% |
| Suppliers | 440/4 | €211,488 | €203,404 | -€8,084 | -3.8% |
| Taxes, remuneration and social security | 45 | €206,510 | €161,124 | -€45,386 | -22.0% |
| Taxes | 450/3 | €134,556 | €81,232 | -€53,324 | -39.6% |
| Remuneration and social security | 454/9 | €71,954 | €79,892 | +€7,938 | +11.0% |
| Other amounts payable | 47/48 | €0 | €40,000 | +€40,000 | |
| Accrued charges and deferred income | 492/3 | €0 | €67,372 | +€67,372 | |
| Non-recurring operating income | 76A | €0 | €6,370 | +€6,370 | |
| Remuneration, social security and pensions | 62 | €815,324 | €783,874 | -€31,450 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,980 | €200,084 | +€56,104 | +39.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,521 | €4,751 | -€771 | -14.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €4,000 | €4,000 | = | 0.0% |
| Other operating charges | 640/8 | €9,893 | €9,564 | -€328 | -3.3% |
| Gross operating margin | 9900 | €1,586,152 | €1,744,568 | +€158,416 | +10.0% |
| Operating profit (loss) | 9901 | €607,435 | €742,295 | +€134,860 | +22.2% |
| Financial income | 75/76B | €6,537 | €9,817 | +€3,280 | +50.2% |
| Recurring financial income | 75 | €6,537 | €9,817 | +€3,280 | +50.2% |
| Financial charges | 65/66B | €22,800 | €20,996 | -€1,805 | -7.9% |
| Recurring financial charges | 65 | €22,800 | €20,996 | -€1,805 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €591,172 | €731,117 | +€139,945 | +23.7% |
| Income taxes | 67/77 | €179,830 | €227,952 | +€48,122 | +26.8% |
| Profit (loss) for the period | 9904 | €411,342 | €503,164 | +€91,823 | +22.3% |
| Transfer from tax-exempt reserves | 789 | €15,529 | €91,464 | +€75,935 | +489.0% |
| Transfer to tax-exempt reserves | 689 | €126,300 | €168,400 | +€42,100 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €300,570 | €426,228 | +€125,658 | +41.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.