1 United Brain: 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.
1 United Brain
Largest movements
- Receivables within one year +€62,466
up €62,466 (+65.3%), from €95,653 to €158,120
of which Trade receivables: +€60,008
- Cash +€43,238
up €43,238 (+41.4%), from €104,324 to €147,562
mainly Trade debts (+€68,399) and Net result for the year (+€53,640)
- Trade debts +€68,399
up €68,399 (+68.1%), from €100,395 to €168,794
- Other debts +€44,000
up €44,000 (+6,886%), from €639 to €44,639
- Tax, wage and social debts -€16,573
down €16,573 (-85.8%), from €19,316 to €2,743
- Reserves +€9,640
up €9,640 (+12.7%), from €75,775 to €85,415
- Gross operating margin -€38,762
down €38,762 (-40.7%), from €95,333 to €56,571
- Taxes -€16,573
down €16,573 (-85.8%), from €19,316 to €2,743
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 | €201,125 | €306,591 | +€105,466 | +52.4% |
| Current assets | 29/58 | €201,125 | €306,591 | +€105,466 | +52.4% |
| Amounts receivable within one year | 40/41 | €95,653 | €158,120 | +€62,466 | +65.3% |
| Trade receivables | 40 | €89,000 | €149,008 | +€60,008 | +67.4% |
| Other amounts receivable | 41 | €6,654 | €9,112 | +€2,458 | +36.9% |
| Cash at bank and in hand | 54/58 | €104,324 | €147,562 | +€43,238 | +41.4% |
| Deferred charges and accrued income | 490/1 | €1,148 | €910 | -€239 | -20.8% |
| Total equity and liabilities | 10/49 | €201,125 | €306,591 | +€105,466 | +52.4% |
| Equity | 10/15 | €80,775 | €90,415 | +€9,640 | +11.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €75,775 | €85,415 | +€9,640 | +12.7% |
| Distributable reserves | 133 | €75,775 | €85,415 | +€9,640 | +12.7% |
| Amounts payable | 17/49 | €120,350 | €216,176 | +€95,825 | +79.6% |
| Amounts payable within one year | 42/48 | €120,350 | €216,176 | +€95,825 | +79.6% |
| Trade debts | 44 | €100,395 | €168,794 | +€68,399 | +68.1% |
| Suppliers | 440/4 | €100,395 | €168,794 | +€68,399 | +68.1% |
| Taxes, remuneration and social security | 45 | €19,316 | €2,743 | -€16,573 | -85.8% |
| Taxes | 450/3 | €19,316 | €2,743 | -€16,573 | -85.8% |
| Other amounts payable | 47/48 | €639 | €44,639 | +€44,000 | +6,886% |
| Other operating charges | 640/8 | €156 | €120 | -€36 | -22.8% |
| Gross operating margin | 9900 | €95,333 | €56,571 | -€38,762 | -40.7% |
| Operating profit (loss) | 9901 | €95,178 | €56,451 | -€38,727 | -40.7% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €87 | €89 | +€2 | +2.1% |
| Recurring financial charges | 65 | €87 | €89 | +€2 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €95,091 | €56,383 | -€38,708 | -40.7% |
| Income taxes | 67/77 | €19,316 | €2,743 | -€16,573 | -85.8% |
| Profit (loss) for the period | 9904 | €75,775 | €53,640 | -€22,135 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €75,775 | €53,640 | -€22,135 | -29.2% |
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 30 October 2026 via checked.be.