Unibra: 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.
What changed
Unibra
NACE 64.210, Activities of holding companies
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€550,935
2024 · €373,554+€177,381
Equity
€91.3m
2024 · €96.2m-€5.0m
Cash
€6.8m
2024 · €1.7m+€5.1m
Balance sheet total
€109.5m
2024 · €117.3m-€7.8m
Largest movements
Assets
- Current investments -€6.8m
down €6.8m (-93.1%), from €7.3m to €497,895
- Receivables within one year -€6.0m
down €6.0m (-23.9%), from €25.2m to €19.2m
of which Other amounts receivable: -€4.1m
- Cash +€5.1m
up €5.1m (+299.0%), from €1.7m to €6.8m
mainly Current investments (+€6.8m) and Receivables within one year (+€6.0m)
Equity and liabilities
- Profit (loss) carried forward -€5.0m
down €5.0m (-10.7%), from €46.2m to €41.3m
- Other debts -€2.8m
down €2.8m (-14.1%), from €19.9m to €17.1m
Income statement
- Financial charges +€753,141
up €753,141 (+169.5%), from €444,359 to €1.2m
of which Non-recurring financial charges: +€563,206
- Financial income +€463,771
up €463,771 (+37.6%), from €1.2m to €1.7m
of which Financial income: +€516,858
- Turnover +€399,447
up €399,447 (+12.2%), from €3.3m to €3.7m
- Taxes -€311,871
down €311,871 (-97.5%), from €319,966 to €8,095
of which Taxes: -€198,871
- Staff costs +€230,826
up €230,826 (+36.0%), from €641,572 to €872,398
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.
Result 2024
€373,554
Turnover
+€399,447
Other operating income
+€11,986
Services and other goods
-€216,165
Staff costs
-€230,826
Depreciation
-€1,257
Other operating charges
+€62,606
Other operating items
+€129,089
Financial income
+€463,771
Financial charges
-€753,141
Taxes
+€311,871
Result 2025
€550,935
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.
From operations
+€3.7m
Investment
+€6.9m
Financing
-€5.5m
Cash 2024
€1.7m
From operations (derived)
+€3.7m
Net result for the year
+€550,935
Depreciation
+€111,172
Receivables within one year
+€6.0m
Deferred charges and accrued income
-€88,246
Trade debts
+€248,900
Tax, wage and social debts
-€326,522
Other debts
-€2.8m
Accrued charges and deferred income
-€13,488
Investment (derived)
+€6.9m
Investment in fixed assets (net)
+€126,079
Current investments
+€6.8m
Financing
-€5.5m
Contributions, distributions and other
-€5.5m
Cash 2025
€6.8m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,335,304 | €109,494,425 | -€7.8m | -6.7% |
| Fixed assets | 21/28 | €83,135,812 | €82,898,561 | -€237,251 | -0.3% |
| Tangible fixed assets | 22/27 | €655,203 | €695,385 | +€40,182 | +6.1% |
| Plant, machinery and equipment | 23 | €4,163 | €2,431 | -€1,732 | -41.6% |
| Furniture and vehicles | 24 | €54,299 | €107,505 | +€53,206 | +98.0% |
| Other tangible fixed assets | 26 | €596,741 | €585,449 | -€11,292 | -1.9% |
| Financial fixed assets | 28 | €82,480,609 | €82,203,176 | -€277,433 | -0.3% |
| Affiliated companies | 280/1 | €74,913,034 | €74,904,402 | -€8,632 | 0.0% |
| Participating interests | 280 | €74,913,034 | €74,904,402 | -€8,632 | 0.0% |
| Companies linked by participating interests | 282/3 | €1 | €1 | = | 0.0% |
| Participating interests | 282 | €1 | €1 | = | 0.0% |
| Other financial fixed assets | 284/8 | €7,567,574 | €7,298,773 | -€268,801 | -3.6% |
| Shares | 284 | €7,555,681 | €7,271,580 | -€284,101 | -3.8% |
| Amounts receivable and cash guarantees | 285/8 | €11,893 | €27,193 | +€15,300 | +128.6% |
| Current assets | 29/58 | €34,199,492 | €26,595,864 | -€7.6m | -22.2% |
| Amounts receivable within one year | 40/41 | €25,180,940 | €19,155,369 | -€6.0m | -23.9% |
| Trade receivables | 40 | €9,603,014 | €7,650,322 | -€2.0m | -20.3% |
| Other amounts receivable | 41 | €15,577,926 | €11,505,047 | -€4.1m | -26.1% |
| Current investments | 50/53 | €7,256,946 | €497,895 | -€6.8m | -93.1% |
| Other investments | 51/53 | €7,256,946 | €497,895 | -€6.8m | -93.1% |
| Cash at bank and in hand | 54/58 | €1,703,180 | €6,795,928 | +€5.1m | +299.0% |
| Deferred charges and accrued income | 490/1 | €58,426 | €146,672 | +€88,246 | +151.0% |
| Total equity and liabilities | 10/49 | €117,335,304 | €109,494,425 | -€7.8m | -6.7% |
| Equity | 10/15 | €96,232,563 | €91,282,464 | -€5.0m | -5.1% |
| Contributions | 10/11 | €16,000,000 | €16,000,000 | = | 0.0% |
| Capital | 10 | €16,000,000 | €16,000,000 | = | 0.0% |
| Issued capital | 100 | €16,000,000 | €16,000,000 | = | 0.0% |
| Reserves | 13 | €34,000,649 | €34,000,649 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000,649 | €2,000,649 | = | 0.0% |
| Legal reserve | 130 | €1,600,000 | €1,600,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €400,649 | €400,649 | = | 0.0% |
| Distributable reserves | 133 | €32,000,000 | €32,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,231,914 | €41,281,815 | -€5.0m | -10.7% |
| Provisions and deferred taxes | 16 | €10,791 | €10,791 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,791 | €10,791 | = | 0.0% |
| Pensions and similar obligations | 160 | €10,791 | €10,791 | = | 0.0% |
| Amounts payable | 17/49 | €21,091,950 | €18,201,170 | -€2.9m | -13.7% |
| Amounts payable within one year | 42/48 | €20,965,605 | €18,088,313 | -€2.9m | -13.7% |
| Trade debts | 44 | €633,777 | €882,677 | +€248,900 | +39.3% |
| Suppliers | 440/4 | €633,777 | €882,677 | +€248,900 | +39.3% |
| Taxes, remuneration and social security | 45 | €479,648 | €153,126 | -€326,522 | -68.1% |
| Taxes | 450/3 | €406,631 | €41,888 | -€364,743 | -89.7% |
| Remuneration and social security | 454/9 | €73,017 | €111,238 | +€38,221 | +52.3% |
| Other amounts payable | 47/48 | €19,852,180 | €17,052,510 | -€2.8m | -14.1% |
| Accrued charges and deferred income | 492/3 | €126,345 | €112,857 | -€13,488 | -10.7% |
| Operating income | 70/76A | €3,279,777 | €3,691,210 | +€411,433 | +12.5% |
| Turnover | 70 | €3,273,896 | €3,673,343 | +€399,447 | +12.2% |
| Other operating income | 74 | €5,881 | €17,867 | +€11,986 | +203.8% |
| Operating charges | 60/66A | €3,374,080 | €3,630,633 | +€256,553 | +7.6% |
| Services and other goods | 61 | €2,381,939 | €2,598,104 | +€216,165 | +9.1% |
| Remuneration, social security and pensions | 62 | €641,572 | €872,398 | +€230,826 | +36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,915 | €111,172 | +€1,257 | +1.1% |
| Other operating charges | 640/8 | €107,462 | €44,856 | -€62,606 | -58.3% |
| Non-recurring operating charges | 66A | €133,192 | €4,103 | -€129,089 | -96.9% |
| Operating profit (loss) | 9901 | -€94,303 | €60,577 | +€154,880 | |
| Financial income | 75/76B | €1,232,182 | €1,695,953 | +€463,771 | +37.6% |
| Recurring financial income | 75 | €1,179,095 | €1,695,953 | +€516,858 | +43.8% |
| Income from financial fixed assets | 750 | €154,495 | €1,208,165 | +€1.1m | +682.0% |
| Income from current assets | 751 | €583,062 | €374,828 | -€208,234 | -35.7% |
| Other financial income | 752/9 | €441,538 | €112,960 | -€328,578 | -74.4% |
| Non-recurring financial income | 76B | €53,087 | - | -€53,087 | |
| Financial charges | 65/66B | €444,359 | €1,197,500 | +€753,141 | +169.5% |
| Recurring financial charges | 65 | €304,964 | €494,899 | +€189,935 | +62.3% |
| Debt charges | 650 | €189,075 | €239,693 | +€50,618 | +26.8% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €25,897 | -€59,550 | -€85,447 | |
| Other financial charges | 652/9 | €89,992 | €314,756 | +€224,764 | +249.8% |
| Non-recurring financial charges | 66B | €139,395 | €702,601 | +€563,206 | +404.0% |
| Profit (loss) for the period before taxes | 9903 | €693,520 | €559,030 | -€134,490 | -19.4% |
| Income taxes | 67/77 | €319,966 | €8,095 | -€311,871 | -97.5% |
| Taxes | 670/3 | €319,966 | €121,095 | -€198,871 | -62.2% |
| Tax adjustments and reversals of tax provisions | 77 | - | €113,000 | +€113,000 | |
| Profit (loss) for the period | 9904 | €373,554 | €550,935 | +€177,381 | +47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €373,554 | €550,935 | +€177,381 | +47.5% |
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 10 October 2026 via checked.be.