"unect": 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.
"unect"
Largest movements
- Cash -€28,793
down €28,793 (-49.4%), from €58,252 to €29,459
mainly Contributions, distributions and other (-€106,539) and Tax, wage and social debts (-€3,195)
- Tangible fixed assets -€8,785
down €8,785 (-43.1%), from €20,389 to €11,603
of which Furniture and vehicles: -€8,013
- Reserves -€58,223
down €58,223 (-74.4%), from €78,223 to €20,000
- Other debts +€25,015
up €25,015 (+106.0%), from €23,600 to €48,615
- Tax, wage and social debts -€3,195
down €3,195 (-30.4%), from €10,528 to €7,333
of which Remuneration and social security: -€3,164
- Gross operating margin -€2,835
down €2,835 (-4.1%), from €68,472 to €65,637
- Taxes -€1,593
down €1,593 (-11.7%), from €13,606 to €12,013
- Other operating charges -€937
down €937 (-75.0%), from €1,250 to €313
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 | €113,457 | €76,227 | -€37,231 | -32.8% |
| Fixed assets | 21/28 | €20,389 | €11,603 | -€8,785 | -43.1% |
| Tangible fixed assets | 22/27 | €20,389 | €11,603 | -€8,785 | -43.1% |
| Land and buildings | 22 | €2,277 | €1,977 | -€300 | -13.2% |
| Plant, machinery and equipment | 23 | €2,333 | €1,861 | -€472 | -20.2% |
| Furniture and vehicles | 24 | €15,779 | €7,766 | -€8,013 | -50.8% |
| Current assets | 29/58 | €93,069 | €64,623 | -€28,445 | -30.6% |
| Amounts receivable within one year | 40/41 | €33,835 | €34,367 | +€532 | +1.6% |
| Trade receivables | 40 | €13,607 | €31,986 | +€18,379 | +135.1% |
| Other amounts receivable | 41 | €20,228 | €2,381 | -€17,847 | -88.2% |
| Cash at bank and in hand | 54/58 | €58,252 | €29,459 | -€28,793 | -49.4% |
| Deferred charges and accrued income | 490/1 | €982 | €797 | -€185 | -18.8% |
| Total equity and liabilities | 10/49 | €113,457 | €76,227 | -€37,231 | -32.8% |
| Equity | 10/15 | €78,323 | €20,100 | -€58,223 | -74.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €78,223 | €20,000 | -€58,223 | -74.4% |
| Distributable reserves | 133 | €78,223 | €20,000 | -€58,223 | -74.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €35,135 | €56,127 | +€20,992 | +59.7% |
| Amounts payable within one year | 42/48 | €35,135 | €56,127 | +€20,992 | +59.7% |
| Financial debts | 43 | €22 | €0 | -€22 | -100.0% |
| Credit institutions | 430/8 | €22 | €0 | -€22 | -100.0% |
| Trade debts | 44 | €985 | €179 | -€806 | -81.8% |
| Suppliers | 440/4 | €985 | €179 | -€806 | -81.8% |
| Taxes, remuneration and social security | 45 | €10,528 | €7,333 | -€3,195 | -30.4% |
| Taxes | 450/3 | €7,364 | €7,333 | -€31 | -0.4% |
| Remuneration and social security | 454/9 | €3,164 | €0 | -€3,164 | -100.0% |
| Other amounts payable | 47/48 | €23,600 | €48,615 | +€25,015 | +106.0% |
| Non-recurring operating income | 76A | - | €12,306 | +€12,306 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,320 | €4,653 | +€332 | +7.7% |
| Other operating charges | 640/8 | €1,250 | €313 | -€937 | -75.0% |
| Gross operating margin | 9900 | €68,472 | €65,637 | -€2,835 | -4.1% |
| Operating profit (loss) | 9901 | €62,902 | €60,672 | -€2,230 | -3.5% |
| Financial charges | 65/66B | €457 | €342 | -€115 | -25.1% |
| Recurring financial charges | 65 | €457 | €342 | -€115 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €62,444 | €60,329 | -€2,115 | -3.4% |
| Income taxes | 67/77 | €13,606 | €12,013 | -€1,593 | -11.7% |
| Profit (loss) for the period | 9904 | €48,838 | €48,316 | -€522 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,838 | €48,316 | -€522 | -1.1% |
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 12 October 2026 via checked.be.