THEUNISSEN: 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.
THEUNISSEN
Largest movements
- Tangible fixed assets +€61,258
up €61,258 (+56.6%), from €108,205 to €169,463
of which Furniture and vehicles: +€69,247
- Cash +€22,736
up €22,736 (+29.7%), from €76,654 to €99,390
mainly Depreciation (+€50,537) and Net result for the year (+€49,372)
- Receivables within one year +€9,213
up €9,213 (+15.2%), from €60,648 to €69,860
of which Other amounts receivable: +€12,603
- Stocks and contracts +€4,424
up €4,424 (+17.2%), from €25,735 to €30,159
- Reserves +€49,000
up €49,000 (+109%), from €45,000 to €94,000
- Tax, wage and social debts +€24,317
up €24,317 (+61.5%), from €39,530 to €63,847
of which Taxes: +€12,510
- Debts after one year +€22,717
up €22,717 (+38.1%), from €59,593 to €82,310
- Trade debts +€6,381
up €6,381 (+16.9%), from €37,672 to €44,053
- Current portion of long-term debt -€5,627
down €5,627 (-14.7%), from €38,277 to €32,650
- Gross operating margin +€41,559
up €41,559 (+18.9%), from €220,237 to €261,797
- Staff costs +€27,291
up €27,291 (+24.3%), from €112,417 to €139,708
- Depreciation +€18,212
up €18,212 (+56.3%), from €32,325 to €50,537
- Other operating charges -€3,528
down €3,528 (-82.1%), from €4,296 to €767
- Taxes -€3,127
down €3,127 (-16.6%), from €18,879 to €15,751
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 | €271,885 | €369,305 | +€97,420 | +35.8% |
| Fixed assets | 21/28 | €108,455 | €169,713 | +€61,258 | +56.5% |
| Tangible fixed assets | 22/27 | €108,205 | €169,463 | +€61,258 | +56.6% |
| Land and buildings | 22 | €19,043 | €17,494 | -€1,549 | -8.1% |
| Plant, machinery and equipment | 23 | €31,886 | €25,445 | -€6,441 | -20.2% |
| Furniture and vehicles | 24 | €57,276 | €126,524 | +€69,247 | +121% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €163,430 | €199,592 | +€36,162 | +22.1% |
| Stocks and contracts in progress | 3 | €25,735 | €30,159 | +€4,424 | +17.2% |
| Stocks | 30/36 | €25,735 | €30,159 | +€4,424 | +17.2% |
| Amounts receivable within one year | 40/41 | €60,648 | €69,860 | +€9,213 | +15.2% |
| Trade receivables | 40 | €47,854 | €44,463 | -€3,391 | -7.1% |
| Other amounts receivable | 41 | €12,794 | €25,397 | +€12,603 | +98.5% |
| Cash at bank and in hand | 54/58 | €76,654 | €99,390 | +€22,736 | +29.7% |
| Deferred charges and accrued income | 490/1 | €393 | €183 | -€211 | -53.5% |
| Total equity and liabilities | 10/49 | €271,885 | €369,305 | +€97,420 | +35.8% |
| Equity | 10/15 | €93,233 | €142,605 | +€49,372 | +53.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,000 | €94,000 | +€49,000 | +109% |
| Distributable reserves | 133 | €45,000 | €94,000 | +€49,000 | +109% |
| Profit (loss) carried forward | 14 | €29,633 | €30,005 | +€372 | +1.3% |
| Amounts payable | 17/49 | €178,652 | €226,701 | +€48,048 | +26.9% |
| Amounts payable after more than one year | 17 | €59,593 | €82,310 | +€22,717 | +38.1% |
| Financial debts | 170/4 | €59,593 | €82,310 | +€22,717 | +38.1% |
| Amounts payable within one year | 42/48 | €119,059 | €144,391 | +€25,332 | +21.3% |
| Current portion of amounts payable after more than one year | 42 | €38,277 | €32,650 | -€5,627 | -14.7% |
| Trade debts | 44 | €37,672 | €44,053 | +€6,381 | +16.9% |
| Suppliers | 440/4 | €37,672 | €44,053 | +€6,381 | +16.9% |
| Advances received on contracts in progress | 46 | €3,580 | €3,840 | +€260 | +7.3% |
| Taxes, remuneration and social security | 45 | €39,530 | €63,847 | +€24,317 | +61.5% |
| Taxes | 450/3 | €20,635 | €33,145 | +€12,510 | +60.6% |
| Remuneration and social security | 454/9 | €18,895 | €30,702 | +€11,807 | +62.5% |
| Remuneration, social security and pensions | 62 | €112,417 | €139,708 | +€27,291 | +24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,325 | €50,537 | +€18,212 | +56.3% |
| Other operating charges | 640/8 | €4,296 | €767 | -€3,528 | -82.1% |
| Non-recurring operating charges | 66A | €354 | - | -€354 | |
| Gross operating margin | 9900 | €220,237 | €261,797 | +€41,559 | +18.9% |
| Operating profit (loss) | 9901 | €70,846 | €70,785 | -€61 | -0.1% |
| Financial income | 75/76B | - | €318 | +€318 | |
| Recurring financial income | 75 | - | €318 | +€318 | |
| Financial charges | 65/66B | €3,448 | €5,980 | +€2,532 | +73.4% |
| Recurring financial charges | 65 | €3,448 | €5,980 | +€2,532 | +73.4% |
| Profit (loss) for the period before taxes | 9903 | €67,398 | €65,123 | -€2,274 | -3.4% |
| Income taxes | 67/77 | €18,879 | €15,751 | -€3,127 | -16.6% |
| Profit (loss) for the period | 9904 | €48,519 | €49,372 | +€853 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €48,519 | €49,372 | +€853 | +1.8% |
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 26 October 2026 via checked.be.