UNBUILT: 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.
UNBUILT
Largest movements
- Receivables within one year -€111,279
down €111,279 (-92.6%), from €120,214 to €8,935
of which Other amounts receivable: -€118,275
- Stocks and contracts +€89,130
up €89,130 (+61.8%), from €144,293 to €233,423
- Tangible fixed assets -€4,896
down €4,896 (-24.6%), from €19,871 to €14,975
of which Other tangible fixed assets: -€2,796
- Cash +€3,238
up €3,238 (+22.1%), from €14,640 to €17,878
mainly Receivables within one year (+€111,279) and Other debts (+€27,391)
- Profit (loss) carried forward -€41,994
new in 2025: -€41,994
- Other debts +€27,391
up €27,391 (+21.1%), from €129,682 to €157,073
- Trade debts -€13,176
down €13,176 (-63.1%), from €20,892 to €7,716
- Accrued charges and deferred income +€5,721
up €5,721 (+51.5%), from €11,115 to €16,835
- Gross operating margin +€2,387
up €2,387 (+7.6%), from -€31,490 to -€29,103
- Financial charges +€1,628
up €1,628 (+38.6%), from €4,215 to €5,844
- Depreciation -€852
down €852 (-14.6%), from €5,845 to €4,993
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 | €301,766 | €280,035 | -€21,731 | -7.2% |
| Fixed assets | 21/28 | €19,968 | €15,725 | -€4,243 | -21.2% |
| Intangible fixed assets | 21 | €97 | €0 | -€97 | -100% |
| Tangible fixed assets | 22/27 | €19,871 | €14,975 | -€4,896 | -24.6% |
| Plant, machinery and equipment | 23 | €2,449 | €1,590 | -€858 | -35.1% |
| Furniture and vehicles | 24 | €4,873 | €3,632 | -€1,241 | -25.5% |
| Other tangible fixed assets | 26 | €12,549 | €9,753 | -€2,796 | -22.3% |
| Financial fixed assets | 28 | - | €750 | +€750 | |
| Current assets | 29/58 | €281,798 | €264,310 | -€17,488 | -6.2% |
| Stocks and contracts in progress | 3 | €144,293 | €233,423 | +€89,130 | +61.8% |
| Stocks | 30/36 | €144,293 | €233,423 | +€89,130 | +61.8% |
| Amounts receivable within one year | 40/41 | €120,214 | €8,935 | -€111,279 | -92.6% |
| Trade receivables | 40 | €1,650 | €8,646 | +€6,996 | +424% |
| Other amounts receivable | 41 | €118,565 | €290 | -€118,275 | -99.8% |
| Cash at bank and in hand | 54/58 | €14,640 | €17,878 | +€3,238 | +22.1% |
| Deferred charges and accrued income | 490/1 | €2,650 | €4,073 | +€1,423 | +53.7% |
| Total equity and liabilities | 10/49 | €301,766 | €280,035 | -€21,731 | -7.2% |
| Equity | 10/15 | €139,859 | €97,864 | -€41,994 | -30.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €119,399 | €119,399 | = | 0.0% |
| Distributable reserves | 133 | €119,399 | €119,399 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€41,994 | -€41,994 | |
| Amounts payable | 17/49 | €161,907 | €182,171 | +€20,263 | +12.5% |
| Amounts payable within one year | 42/48 | €150,792 | €165,335 | +€14,543 | +9.6% |
| Trade debts | 44 | €20,892 | €7,716 | -€13,176 | -63.1% |
| Suppliers | 440/4 | €20,892 | €7,716 | -€13,176 | -63.1% |
| Taxes, remuneration and social security | 45 | €219 | €547 | +€328 | +150% |
| Taxes | 450/3 | €219 | €547 | +€328 | +150% |
| Other amounts payable | 47/48 | €129,682 | €157,073 | +€27,391 | +21.1% |
| Accrued charges and deferred income | 492/3 | €11,115 | €16,835 | +€5,721 | +51.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,845 | €4,993 | -€852 | -14.6% |
| Other operating charges | 640/8 | €3,000 | €3,092 | +€92 | +3.1% |
| Gross operating margin | 9900 | -€31,490 | -€29,103 | +€2,387 | +7.6% |
| Operating profit (loss) | 9901 | -€40,335 | -€37,188 | +€3,147 | +7.8% |
| Financial income | 75/76B | €1,058 | €1,248 | +€190 | +18.0% |
| Recurring financial income | 75 | €1,058 | €1,248 | +€190 | +18.0% |
| Financial charges | 65/66B | €4,215 | €5,844 | +€1,628 | +38.6% |
| Recurring financial charges | 65 | €4,215 | €5,844 | +€1,628 | +38.6% |
| Profit (loss) for the period before taxes | 9903 | -€43,493 | -€41,784 | +€1,708 | +3.9% |
| Income taxes | 67/77 | €161 | €210 | +€49 | +30.5% |
| Profit (loss) for the period | 9904 | -€43,654 | -€41,994 | +€1,659 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,654 | -€41,994 | +€1,659 | +3.8% |
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 14 October 2026 via checked.be.