UYTGEERTS: 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.
UYTGEERTS
Largest movements
- Cash +€9,273
up €9,273 (+7.8%), from €119,356 to €128,629
mainly Net result for the year (+€17,349) and Tax, wage and social debts (+€6,451)
- Receivables within one year +€3,812
up €3,812 (+92.5%), from €4,120 to €7,932
of which Trade receivables: +€2,098
- Deferred charges and accrued income +€3,463
up €3,463 (+21.0%), from €16,470 to €19,932
- Reserves +€17,349
up €17,349 (+11.2%), from €155,311 to €172,660
- Current portion of long-term debt -€12,172
down €12,172 (-100%), from €12,172 to €0
- Tax, wage and social debts +€6,451
up €6,451 (+149%), from €4,316 to €10,767
of which Remuneration and social security: +€5,028
- Other debts +€5,302
up €5,302 (+33.3%), from €15,931 to €21,233
- Depreciation -€15,123
down €15,123 (-71.3%), from €21,196 to €6,074
- Gross operating margin -€4,416
down €4,416 (-10.5%), from €42,242 to €37,826
- Taxes +€2,898
up €2,898 (+83.3%), from €3,478 to €6,377
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 | €202,029 | €218,643 | +€16,613 | +8.2% |
| Fixed assets | 21/28 | €18,275 | €18,689 | +€414 | +2.3% |
| Tangible fixed assets | 22/27 | €18,151 | €18,565 | +€414 | +2.3% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €1,114 | €500 | -€614 | -55.1% |
| Furniture and vehicles | 24 | €3,684 | €6,293 | +€2,609 | +70.8% |
| Other tangible fixed assets | 26 | €13,353 | €11,772 | -€1,581 | -11.8% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €183,754 | €199,953 | +€16,200 | +8.8% |
| Stocks and contracts in progress | 3 | €43,808 | €43,460 | -€348 | -0.8% |
| Stocks | 30/36 | €43,808 | €43,460 | -€348 | -0.8% |
| Amounts receivable within one year | 40/41 | €4,120 | €7,932 | +€3,812 | +92.5% |
| Trade receivables | 40 | €4,041 | €6,139 | +€2,098 | +51.9% |
| Other amounts receivable | 41 | €78 | €1,793 | +€1,715 | +2,192% |
| Cash at bank and in hand | 54/58 | €119,356 | €128,629 | +€9,273 | +7.8% |
| Deferred charges and accrued income | 490/1 | €16,470 | €19,932 | +€3,463 | +21.0% |
| Total equity and liabilities | 10/49 | €202,029 | €218,643 | +€16,613 | +8.2% |
| Equity | 10/15 | €161,511 | €178,860 | +€17,349 | +10.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €155,311 | €172,660 | +€17,349 | +11.2% |
| Distributable reserves | 133 | €155,311 | €172,660 | +€17,349 | +11.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €40,518 | €39,783 | -€735 | -1.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €40,518 | €39,783 | -€735 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €12,172 | €0 | -€12,172 | -100% |
| Trade debts | 44 | €8,099 | €7,783 | -€316 | -3.9% |
| Suppliers | 440/4 | €8,099 | €7,783 | -€316 | -3.9% |
| Taxes, remuneration and social security | 45 | €4,316 | €10,767 | +€6,451 | +149% |
| Taxes | 450/3 | €4,316 | €5,740 | +€1,423 | +33.0% |
| Remuneration and social security | 454/9 | - | €5,028 | +€5,028 | |
| Other amounts payable | 47/48 | €15,931 | €21,233 | +€5,302 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,196 | €6,074 | -€15,123 | -71.3% |
| Other operating charges | 640/8 | €2,882 | €2,806 | -€76 | -2.6% |
| Gross operating margin | 9900 | €42,242 | €37,826 | -€4,416 | -10.5% |
| Operating profit (loss) | 9901 | €18,163 | €28,946 | +€10,783 | +59.4% |
| Financial income | 75/76B | €3 | €6 | +€3 | +119% |
| Recurring financial income | 75 | €3 | €6 | +€3 | +119% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €4,824 | €5,227 | +€403 | +8.4% |
| Recurring financial charges | 65 | €4,824 | €5,227 | +€403 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €13,342 | €23,725 | +€10,383 | +77.8% |
| Income taxes | 67/77 | €3,478 | €6,377 | +€2,898 | +83.3% |
| Profit (loss) for the period | 9904 | €9,864 | €17,349 | +€7,485 | +75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,864 | €17,349 | +€7,485 | +75.9% |
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 1 November 2026 via checked.be.