Unaco: 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.
Unaco
Largest movements
- Receivables within one year -€80,325
down €80,325 (-38.2%), from €210,115 to €129,790
of which Trade receivables: -€69,719
- Stocks and contracts -€26,039
no longer reported in 2024 (was €26,039)
- Tangible fixed assets -€18,524
down €18,524 (-3.2%), from €578,115 to €559,591
of which Land and buildings: -€14,691
- Cash -€18,278
down €18,278 (-95.4%), from €19,168 to €890
mainly Trade debts (-€88,462) and Net result for the year (-€14,827)
- Trade debts -€88,462
down €88,462 (-29.9%), from €295,661 to €207,198
- Reserves -€14,827
down €14,827 (-29.4%), from €50,410 to €35,584
- Current portion of long-term debt -€14,349
no longer reported in 2024 (was €14,349)
- Short-term financial debts -€14,029
down €14,029 (-7.9%), from €177,191 to €163,162
- Other debts -€13,562
down €13,562 (-42.3%), from €32,052 to €18,490
- Write-downs -€90,128
no longer reported in 2024 (was €90,128)
- Gross operating margin -€44,804
down €44,804 (-78.6%), from €56,993 to €12,189
- Financial charges -€4,794
down €4,794 (-47.2%), from €10,167 to €5,372
- Other operating charges -€1,211
down €1,211 (-40.1%), from €3,020 to €1,809
- Depreciation -€883
down €883 (-4.5%), from €19,725 to €18,841
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €843,937 | €700,771 | -€143,166 | -17.0% |
| Fixed assets | 21/28 | €588,615 | €570,091 | -€18,524 | -3.1% |
| Tangible fixed assets | 22/27 | €578,115 | €559,591 | -€18,524 | -3.2% |
| Land and buildings | 22 | €563,865 | €549,174 | -€14,691 | -2.6% |
| Plant, machinery and equipment | 23 | €13,502 | €9,743 | -€3,759 | -27.8% |
| Furniture and vehicles | 24 | €748 | €674 | -€74 | -9.9% |
| Financial fixed assets | 28 | €10,500 | €10,500 | = | 0.0% |
| Current assets | 29/58 | €255,322 | €130,680 | -€124,642 | -48.8% |
| Stocks and contracts in progress | 3 | €26,039 | - | -€26,039 | |
| Contracts in progress | 37 | €26,039 | - | -€26,039 | |
| Amounts receivable within one year | 40/41 | €210,115 | €129,790 | -€80,325 | -38.2% |
| Trade receivables | 40 | €199,226 | €129,507 | -€69,719 | -35.0% |
| Other amounts receivable | 41 | €10,889 | €283 | -€10,606 | -97.4% |
| Cash at bank and in hand | 54/58 | €19,168 | €890 | -€18,278 | -95.4% |
| Total equity and liabilities | 10/49 | €843,937 | €700,771 | -€143,166 | -17.0% |
| Equity | 10/15 | €69,010 | €54,184 | -€14,827 | -21.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,410 | €35,584 | -€14,827 | -29.4% |
| Distributable reserves | 133 | €50,410 | €35,584 | -€14,827 | -29.4% |
| Amounts payable | 17/49 | €774,926 | €646,587 | -€128,340 | -16.6% |
| Amounts payable after more than one year | 17 | €228,853 | €228,853 | = | 0.0% |
| Financial debts | 170/4 | €228,853 | €228,853 | = | 0.0% |
| Amounts payable within one year | 42/48 | €546,073 | €417,734 | -€128,340 | -23.5% |
| Current portion of amounts payable after more than one year | 42 | €14,349 | - | -€14,349 | |
| Financial debts | 43 | €177,191 | €163,162 | -€14,029 | -7.9% |
| Credit institutions | 430/8 | €177,191 | €163,162 | -€14,029 | -7.9% |
| Trade debts | 44 | €295,661 | €207,198 | -€88,462 | -29.9% |
| Suppliers | 440/4 | €295,661 | €207,198 | -€88,462 | -29.9% |
| Advances received on contracts in progress | 46 | €26,039 | €26,039 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €782 | €2,844 | +€2,062 | +263.7% |
| Taxes | 450/3 | €782 | €2,844 | +€2,062 | +263.7% |
| Other amounts payable | 47/48 | €32,052 | €18,490 | -€13,562 | -42.3% |
| Non-recurring operating income | 76A | - | €317 | +€317 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,725 | €18,841 | -€883 | -4.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €90,128 | - | -€90,128 | |
| Other operating charges | 640/8 | €3,020 | €1,809 | -€1,211 | -40.1% |
| Non-recurring operating charges | 66A | - | €872 | +€872 | |
| Gross operating margin | 9900 | €56,993 | €12,189 | -€44,804 | -78.6% |
| Operating profit (loss) | 9901 | -€55,880 | -€9,334 | +€46,547 | +83.3% |
| Financial income | 75/76B | €35 | - | -€35 | |
| Recurring financial income | 75 | €35 | - | -€35 | |
| Financial charges | 65/66B | €10,167 | €5,372 | -€4,794 | -47.2% |
| Recurring financial charges | 65 | €10,167 | €5,372 | -€4,794 | -47.2% |
| Profit (loss) for the period before taxes | 9903 | -€66,012 | -€14,706 | +€51,306 | +77.7% |
| Transfer to deferred taxes | 680 | - | €121 | +€121 | |
| Income taxes | 67/77 | €300 | - | -€300 | |
| Profit (loss) for the period | 9904 | -€66,312 | -€14,827 | +€51,485 | +77.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€66,312 | -€14,827 | +€51,485 | +77.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.