UNA: what changed
Two fiscal 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.
UNA
Largest movements
- Tangible fixed assets +€3.0m
up €3.0m (+1179.7%), from €252,281 to €3.2m
of which Land and buildings: +€2.8m
- Financial fixed assets -€1.0m
down €1.0m (-97.6%), from €1.0m to €25,001
- Receivables within one year -€385,145
down €385,145 (-90.2%), from €426,775 to €41,630
of which Other amounts receivable: -€379,212
- Cash +€49,773
up €49,773 (+2836.8%), from €1,755 to €51,527
mainly Debts after one year (+€2.7m) and Receivables within one year (+€385,145)
- Debts after one year +€2.7m
up €2.7m (+1261.3%), from €217,111 to €3.0m
of which Financial debts: +€2.7m
- Short-term financial debts -€749,556
down €749,556 (-73.9%), from €1.0m to €265,000
- Other debts -€376,303
down €376,303 (-94.6%), from €397,602 to €21,299
- Current portion of long-term debt +€75,953
up €75,953 (+923.2%), from €8,228 to €84,181
- Gross operating margin -€247,892
down €247,892 (-93.4%), from €265,521 to €17,630
- Depreciation +€68,837
up €68,837 (+430.9%), from €15,975 to €84,812
- Financial income +€59,761
up €59,761 (+94.5%), from €63,239 to €123,000
of which Non-recurring financial income: +€123,000
- Taxes -€56,206
down €56,206 (-98.4%), from €57,139 to €933
- Financial charges +€41,170
up €41,170 (+210.7%), from €19,536 to €60,706
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.
Cash bridge derived
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 | €1,706,327 | €3,349,344 | +€1.6m | +96.3% |
| Fixed assets | 21/28 | €1,277,282 | €3,253,463 | +€2.0m | +154.7% |
| Tangible fixed assets | 22/27 | €252,281 | €3,228,462 | +€3.0m | +1179.7% |
| Land and buildings | 22 | €70,289 | €2,870,672 | +€2.8m | +3984.1% |
| Furniture and vehicles | 24 | €10,986 | €41,438 | +€30,452 | +277.2% |
| Leasing and similar rights | 25 | - | €14,873 | +€14,873 | |
| Other tangible fixed assets | 26 | - | €301,480 | +€301,480 | |
| Assets under construction and advance payments | 27 | €171,006 | - | -€171,006 | |
| Financial fixed assets | 28 | €1,025,001 | €25,001 | -€1.0m | -97.6% |
| Current assets | 29/58 | €429,045 | €95,880 | -€333,165 | -77.7% |
| Amounts receivable within one year | 40/41 | €426,775 | €41,630 | -€385,145 | -90.2% |
| Trade receivables | 40 | €26,983 | €21,050 | -€5,933 | -22.0% |
| Other amounts receivable | 41 | €399,792 | €20,580 | -€379,212 | -94.9% |
| Cash at bank and in hand | 54/58 | €1,755 | €51,527 | +€49,773 | +2836.8% |
| Deferred charges and accrued income | 490/1 | €516 | €2,722 | +€2,207 | +428.1% |
| Total equity and liabilities | 10/49 | €1,706,327 | €3,349,344 | +€1.6m | +96.3% |
| Equity | 10/15 | €3,000 | -€19,729 | -€22,729 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€22,729 | -€22,729 | |
| Amounts payable | 17/49 | €1,703,327 | €3,369,073 | +€1.7m | +97.8% |
| Amounts payable after more than one year | 17 | €217,111 | €2,955,644 | +€2.7m | +1261.3% |
| Financial debts | 170/4 | €217,111 | €2,953,894 | +€2.7m | +1260.5% |
| Other amounts payable | 178/9 | - | €1,750 | +€1,750 | |
| Amounts payable within one year | 42/48 | €1,467,977 | €410,939 | -€1.1m | -72.0% |
| Current portion of amounts payable after more than one year | 42 | €8,228 | €84,181 | +€75,953 | +923.2% |
| Financial debts | 43 | €1,014,556 | €265,000 | -€749,556 | -73.9% |
| Credit institutions | 430/8 | €1,014,556 | €265,000 | -€749,556 | -73.9% |
| Trade debts | 44 | €29,420 | €37,983 | +€8,563 | +29.1% |
| Suppliers | 440/4 | €29,420 | €37,983 | +€8,563 | +29.1% |
| Taxes, remuneration and social security | 45 | €18,170 | €2,475 | -€15,695 | -86.4% |
| Taxes | 450/3 | €15,553 | €2,475 | -€13,078 | -84.1% |
| Remuneration and social security | 454/9 | €2,617 | - | -€2,617 | |
| Other amounts payable | 47/48 | €397,602 | €21,299 | -€376,303 | -94.6% |
| Accrued charges and deferred income | 492/3 | €18,239 | €2,489 | -€15,749 | -86.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,975 | €84,812 | +€68,837 | +430.9% |
| Other operating charges | 640/8 | €8,590 | €16,907 | +€8,317 | +96.8% |
| Gross operating margin | 9900 | €265,521 | €17,630 | -€247,892 | -93.4% |
| Operating profit (loss) | 9901 | €240,956 | -€84,089 | -€325,046 | |
| Financial income | 75/76B | €63,239 | €123,000 | +€59,761 | +94.5% |
| Recurring financial income | 75 | €63,239 | €123,000 | +€59,761 | +94.5% |
| Non-recurring financial income | 76B | - | €123,000 | +€123,000 | |
| Financial charges | 65/66B | €19,536 | €60,706 | +€41,170 | +210.7% |
| Recurring financial charges | 65 | €19,536 | €60,706 | +€41,170 | +210.7% |
| Profit (loss) for the period before taxes | 9903 | €284,659 | -€21,796 | -€306,455 | |
| Income taxes | 67/77 | €57,139 | €933 | -€56,206 | -98.4% |
| Profit (loss) for the period | 9904 | €227,520 | -€22,729 | -€250,249 | |
| Profit (loss) for the period to be appropriated | 9905 | €227,520 | -€22,729 | -€250,249 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.