LES UNIONS: 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.
LES UNIONS
Largest movements
- Tangible fixed assets -€36,704
down €36,704 (-7.9%), from €465,651 to €428,948
of which Land and buildings: -€36,704
- Cash +€6,978
up €6,978 (+20.7%), from €33,686 to €40,664
mainly Depreciation (+€36,704) and Other debts (+€7,372)
- Debts after one year -€16,087
down €16,087 (-51.2%), from €31,435 to €15,347
- Reserves -€12,046
down €12,046 (-9.5%), from €127,387 to €115,341
of which Tax-exempt reserves: -€12,046
- Other debts +€7,372
up €7,372 (+3.7%), from €200,252 to €207,624
- Provisions -€6,203
down €6,203 (-10.1%), from €61,443 to €55,241
- Gross operating margin +€3,810
up €3,810 (+10.8%), from €35,360 to €39,170
- Financial charges -€2,705
down €2,705 (-14.8%), from €18,273 to €15,568
- Depreciation -€700
down €700 (-1.9%), from €37,404 to €36,704
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 | €503,950 | €474,405 | -€29,545 | -5.9% |
| Fixed assets | 21/28 | €465,651 | €428,948 | -€36,704 | -7.9% |
| Tangible fixed assets | 22/27 | €465,651 | €428,948 | -€36,704 | -7.9% |
| Land and buildings | 22 | €465,651 | €428,948 | -€36,704 | -7.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €38,299 | €45,458 | +€7,159 | +18.7% |
| Cash at bank and in hand | 54/58 | €33,686 | €40,664 | +€6,978 | +20.7% |
| Deferred charges and accrued income | 490/1 | €4,612 | €4,794 | +€181 | +3.9% |
| Total equity and liabilities | 10/49 | €503,950 | €474,405 | -€29,545 | -5.9% |
| Equity | 10/15 | €184,778 | €173,012 | -€11,766 | -6.4% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Contributions outside capital | 11 | €148,736 | - | -€148,736 | |
| Other | 1109/19 | €148,736 | - | -€148,736 | |
| Reserves | 13 | €127,387 | €115,341 | -€12,046 | -9.5% |
| Tax-exempt reserves | 132 | €119,325 | €107,279 | -€12,046 | -10.1% |
| Distributable reserves | 133 | €8,061 | €8,061 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,345 | -€91,065 | +€280 | +0.3% |
| Provisions and deferred taxes | 16 | €61,443 | €55,241 | -€6,203 | -10.1% |
| Deferred taxes | 168 | €61,443 | €55,241 | -€6,203 | -10.1% |
| Amounts payable | 17/49 | €257,728 | €246,153 | -€11,576 | -4.5% |
| Amounts payable after more than one year | 17 | €31,435 | €15,347 | -€16,087 | -51.2% |
| Financial debts | 170/4 | €31,435 | €15,347 | -€16,087 | -51.2% |
| Amounts payable within one year | 42/48 | €225,131 | €229,644 | +€4,513 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €18,019 | €16,087 | -€1,931 | -10.7% |
| Trade debts | 44 | €2,033 | €1,565 | -€468 | -23.0% |
| Suppliers | 440/4 | €2,033 | €1,565 | -€468 | -23.0% |
| Taxes, remuneration and social security | 45 | €4,827 | €4,368 | -€459 | -9.5% |
| Taxes | 450/3 | €4,827 | €4,368 | -€459 | -9.5% |
| Other amounts payable | 47/48 | €200,252 | €207,624 | +€7,372 | +3.7% |
| Accrued charges and deferred income | 492/3 | €1,163 | €1,161 | -€2 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,404 | €36,704 | -€700 | -1.9% |
| Other operating charges | 640/8 | €4,578 | €4,723 | +€145 | +3.2% |
| Gross operating margin | 9900 | €35,360 | €39,170 | +€3,810 | +10.8% |
| Operating profit (loss) | 9901 | -€6,622 | -€2,256 | +€4,366 | +65.9% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €18,273 | €15,568 | -€2,705 | -14.8% |
| Recurring financial charges | 65 | €18,273 | €15,568 | -€2,705 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | -€24,893 | -€17,824 | +€7,069 | +28.4% |
| Transfer from deferred taxes | 780 | €6,203 | €6,203 | = | 0.0% |
| Income taxes | 67/77 | €174 | €145 | -€30 | -17.1% |
| Profit (loss) for the period | 9904 | -€18,865 | -€11,766 | +€7,099 | +37.6% |
| Transfer from tax-exempt reserves | 789 | €12,046 | €12,046 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,819 | €280 | +€7,099 |
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 29 October 2026 via checked.be.