VUBI: what changed
VUBI
Largest movements
- Tangible fixed assets +€1,016
up €1,016 (+103%), from €988 to €2,004
- Cash -€478
down €478 (-20.5%), from €2,328 to €1,850
mainly Investment in fixed assets (net) (-€1,835)
- Receivables within one year -€187
down €187 (-76.4%), from €245 to €58
- Profit (loss) carried forward +€351
up €351 (+9.9%), from €3,561 to €3,912
- Gross operating margin -€2,580
down €2,580 (-65.0%), from €3,967 to €1,387
- Depreciation +€546
up €546 (+200%), from €273 to €819
Change in the result, 2008 to 2009
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2008 and 2009 balance sheets and the 2009 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2008 | 2009 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,561 | €3,912 | +€351 | +9.9% |
| Fixed assets | 21/28 | €988 | €2,004 | +€1,016 | +103% |
| Tangible fixed assets | 22/27 | €988 | €2,004 | +€1,016 | +103% |
| Current assets | 29/58 | €2,572 | €1,908 | -€665 | -25.8% |
| Amounts receivable within one year | 40/41 | €245 | €58 | -€187 | -76.4% |
| Cash at bank and in hand | 54/58 | €2,328 | €1,850 | -€478 | -20.5% |
| Total equity and liabilities | 10/49 | €3,561 | €3,912 | +€351 | +9.9% |
| Equity | 10/15 | €3,561 | €3,912 | +€351 | +9.9% |
| Profit (loss) carried forward | 14 | €3,561 | €3,912 | +€351 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €273 | €819 | +€546 | +200% |
| Gross operating margin | 9900 | €3,967 | €1,387 | -€2,580 | -65.0% |
| Operating profit (loss) | 9901 | €3,587 | €479 | -€3,108 | -86.7% |
| Recurring financial charges | 65 | €26 | €127 | +€101 | +387% |
| Profit (loss) for the period before taxes | 9903 | €3,561 | €351 | -€3,210 | -90.1% |
| Profit (loss) for the period | 9904 | €3,561 | €351 | -€3,210 | -90.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2008 and 31 December 2009. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.