2B-Unicorn: 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.
2B-Unicorn
Largest movements
- Receivables within one year +€260,048
up €260,048 (+106%), from €245,725 to €505,773
of which Trade receivables: +€134,576
- Stocks and contracts +€158,724
up €158,724 (+576%), from €27,541 to €186,265
- Cash +€56,614
up €56,614 (+1,276%), from €4,438 to €61,052
mainly Accrued charges and deferred income (+€401,550) and Depreciation (+€69,375)
- Tangible fixed assets -€48,826
down €48,826 (-13.4%), from €364,245 to €315,419
of which Furniture and vehicles: -€26,739
- Financial fixed assets +€12,000
up €12,000 (+27.0%), from €44,455 to €56,455
- Accrued charges and deferred income +€401,550
up €401,550 (+413%), from €97,250 to €498,800
- Profit (loss) carried forward +€35,115
up €35,115 (+65.0%), from €54,064 to €89,179
- Tax, wage and social debts +€29,108
up €29,108 (+134%), from €21,720 to €50,828
of which Taxes: +€26,736
- Debts after one year -€28,444
down €28,444 (-8.7%), from €326,107 to €297,663
- Short-term financial debts -€20,432
no longer reported in 2025 (was €20,432)
- Gross operating margin +€206,297
up €206,297 (+165%), from €125,275 to €331,572
- Staff costs +€82,560
up €82,560 (+82.4%), from €100,198 to €182,758
- Taxes +€18,521
up €18,521 (+315%), from €5,871 to €24,392
- Financial income -€10,106
down €10,106 (-50.3%), from €20,087 to €9,981
- Financial charges +€4,580
up €4,580 (+24.1%), from €18,989 to €23,569
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 | €703,702 | €1,149,816 | +€446,114 | +63.4% |
| Fixed assets | 21/28 | €408,700 | €371,874 | -€36,826 | -9.0% |
| Tangible fixed assets | 22/27 | €364,245 | €315,419 | -€48,826 | -13.4% |
| Land and buildings | 22 | €1,574 | €1,374 | -€200 | -12.7% |
| Plant, machinery and equipment | 23 | €191,641 | €169,754 | -€21,887 | -11.4% |
| Furniture and vehicles | 24 | €116,580 | €89,841 | -€26,739 | -22.9% |
| Other tangible fixed assets | 26 | €54,450 | €54,450 | = | 0.0% |
| Financial fixed assets | 28 | €44,455 | €56,455 | +€12,000 | +27.0% |
| Current assets | 29/58 | €295,002 | €777,942 | +€482,940 | +164% |
| Stocks and contracts in progress | 3 | €27,541 | €186,265 | +€158,724 | +576% |
| Stocks | 30/36 | €27,541 | €186,265 | +€158,724 | +576% |
| Amounts receivable within one year | 40/41 | €245,725 | €505,773 | +€260,048 | +106% |
| Trade receivables | 40 | €183,351 | €317,927 | +€134,576 | +73.4% |
| Other amounts receivable | 41 | €62,374 | €187,846 | +€125,472 | +201% |
| Cash at bank and in hand | 54/58 | €4,438 | €61,052 | +€56,614 | +1,276% |
| Deferred charges and accrued income | 490/1 | €17,298 | €24,852 | +€7,554 | +43.7% |
| Total equity and liabilities | 10/49 | €703,702 | €1,149,816 | +€446,114 | +63.4% |
| Equity | 10/15 | €56,064 | €91,179 | +€35,115 | +62.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,064 | €89,179 | +€35,115 | +65.0% |
| Amounts payable | 17/49 | €647,638 | €1,058,637 | +€410,999 | +63.5% |
| Amounts payable after more than one year | 17 | €326,107 | €297,663 | -€28,444 | -8.7% |
| Financial debts | 170/4 | €326,107 | €297,663 | -€28,444 | -8.7% |
| Amounts payable within one year | 42/48 | €224,281 | €262,174 | +€37,893 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €30,117 | €31,178 | +€1,061 | +3.5% |
| Financial debts | 43 | €20,432 | - | -€20,432 | |
| Credit institutions | 430/8 | €20,432 | - | -€20,432 | |
| Trade debts | 44 | €152,012 | €169,168 | +€17,156 | +11.3% |
| Suppliers | 440/4 | €152,012 | €169,168 | +€17,156 | +11.3% |
| Advances received on contracts in progress | 46 | - | €3,000 | +€3,000 | |
| Taxes, remuneration and social security | 45 | €21,720 | €50,828 | +€29,108 | +134% |
| Taxes | 450/3 | €12,657 | €39,393 | +€26,736 | +211% |
| Remuneration and social security | 454/9 | €9,063 | €11,435 | +€2,372 | +26.2% |
| Other amounts payable | 47/48 | - | €8,000 | +€8,000 | |
| Accrued charges and deferred income | 492/3 | €97,250 | €498,800 | +€401,550 | +413% |
| Remuneration, social security and pensions | 62 | €100,198 | €182,758 | +€82,560 | +82.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,967 | €69,375 | +€2,408 | +3.6% |
| Other operating charges | 640/8 | €3,458 | €6,344 | +€2,886 | +83.5% |
| Gross operating margin | 9900 | €125,275 | €331,572 | +€206,297 | +165% |
| Operating profit (loss) | 9901 | -€45,348 | €73,095 | +€118,443 | |
| Financial income | 75/76B | €20,087 | €9,981 | -€10,106 | -50.3% |
| Recurring financial income | 75 | €20,087 | €9,981 | -€10,106 | -50.3% |
| Financial charges | 65/66B | €18,989 | €23,569 | +€4,580 | +24.1% |
| Recurring financial charges | 65 | €18,989 | €23,569 | +€4,580 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | -€44,250 | €59,507 | +€103,757 | |
| Income taxes | 67/77 | €5,871 | €24,392 | +€18,521 | +315% |
| Profit (loss) for the period | 9904 | -€50,121 | €35,115 | +€85,236 | |
| Profit (loss) for the period to be appropriated | 9905 | -€50,121 | €35,115 | +€85,236 |
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 15 October 2026 via checked.be.