U3C: 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.
U3C
Largest movements
- Receivables after one year -€46,800
down €46,800 (-14.3%), from €326,730 to €279,930
- Current investments +€38,280
up €38,280 (+36.6%), from €104,636 to €142,916
- Receivables within one year -€15,664
down €15,664 (-6.8%), from €229,997 to €214,333
of which Trade receivables: -€17,803
- Short-term financial debts -€35,355
down €35,355 (-59.7%), from €59,222 to €23,867
- Trade debts +€14,804
up €14,804 (+78.5%), from €18,858 to €33,662
- Accrued charges and deferred income -€9,401
down €9,401 (-84.9%), from €11,071 to €1,671
- Purchases and services +€22,416
up €22,416 (+11.1%), from €201,559 to €223,975
- Financial income -€13,714
down €13,714 (-44.1%), from €31,068 to €17,354
- Gross operating margin -€7,101
down €7,101 (-23.6%), from €30,133 to €23,032
- Financial charges -€3,451
down €3,451 (-34.0%), from €10,142 to €6,691
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 | €672,231 | €646,533 | -€25,698 | -3.8% |
| Fixed assets | 21/28 | €6,658 | €6,004 | -€654 | -9.8% |
| Tangible fixed assets | 22/27 | €6,658 | €6,004 | -€654 | -9.8% |
| Plant, machinery and equipment | 23 | €4,884 | €3,596 | -€1,288 | -26.4% |
| Furniture and vehicles | 24 | €1,774 | €2,408 | +€634 | +35.7% |
| Current assets | 29/58 | €665,573 | €640,530 | -€25,044 | -3.8% |
| Amounts receivable after more than one year | 29 | €326,730 | €279,930 | -€46,800 | -14.3% |
| Other amounts receivable | 291 | €326,730 | €279,930 | -€46,800 | -14.3% |
| Amounts receivable within one year | 40/41 | €229,997 | €214,333 | -€15,664 | -6.8% |
| Trade receivables | 40 | €71,090 | €53,287 | -€17,803 | -25.0% |
| Other amounts receivable | 41 | €158,907 | €161,046 | +€2,139 | +1.3% |
| Current investments | 50/53 | €104,636 | €142,916 | +€38,280 | +36.6% |
| Cash at bank and in hand | 54/58 | €1,488 | €830 | -€658 | -44.2% |
| Deferred charges and accrued income | 490/1 | €2,722 | €2,520 | -€202 | -7.4% |
| Total equity and liabilities | 10/49 | €672,231 | €646,533 | -€25,698 | -3.8% |
| Equity | 10/15 | €543,182 | €546,700 | +€3,519 | +0.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €240,391 | €243,391 | +€3,000 | +1.2% |
| Distributable reserves | 133 | €240,391 | €243,391 | +€3,000 | +1.2% |
| Profit (loss) carried forward | 14 | €296,591 | €297,110 | +€519 | +0.2% |
| Amounts payable | 17/49 | €129,050 | €99,833 | -€29,217 | -22.6% |
| Amounts payable within one year | 42/48 | €117,978 | €98,162 | -€19,816 | -16.8% |
| Financial debts | 43 | €59,222 | €23,867 | -€35,355 | -59.7% |
| Credit institutions | 430/8 | €59,222 | €23,867 | -€35,355 | -59.7% |
| Trade debts | 44 | €18,858 | €33,662 | +€14,804 | +78.5% |
| Suppliers | 440/4 | €18,858 | €33,662 | +€14,804 | +78.5% |
| Taxes, remuneration and social security | 45 | €39,898 | €40,633 | +€734 | +1.8% |
| Taxes | 450/3 | €39,898 | €40,633 | +€734 | +1.8% |
| Accrued charges and deferred income | 492/3 | €11,071 | €1,671 | -€9,401 | -84.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €201,559 | €223,975 | +€22,416 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,961 | €2,838 | -€123 | -4.2% |
| Other operating charges | 640/8 | €2,022 | €2,112 | +€91 | +4.5% |
| Gross operating margin | 9900 | €30,133 | €23,032 | -€7,101 | -23.6% |
| Operating profit (loss) | 9901 | €25,150 | €18,082 | -€7,068 | -28.1% |
| Financial income | 75/76B | €31,068 | €17,354 | -€13,714 | -44.1% |
| Recurring financial income | 75 | €31,068 | €17,354 | -€13,714 | -44.1% |
| Financial charges | 65/66B | €10,142 | €6,691 | -€3,451 | -34.0% |
| Recurring financial charges | 65 | €10,142 | €6,691 | -€3,451 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €46,076 | €28,745 | -€17,332 | -37.6% |
| Income taxes | 67/77 | €15,345 | €15,226 | -€119 | -0.8% |
| Profit (loss) for the period | 9904 | €30,732 | €13,519 | -€17,213 | -56.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,732 | €13,519 | -€17,213 | -56.0% |
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.