UNIC MERE: 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
UNIC MERE
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€144,680
2024 · €62,219+€82,461
Equity
€974,852
2024 · €1.0m-€55,320
Cash
€52,586
2024 · €51,141+€1,446
Balance sheet total
€2.0m
2024 · €2.1m-€64,768
Largest movements
Assets
- Receivables after one year -€68,000
down €68,000 (-14.6%), from €465,000 to €397,000
Equity and liabilities
- Debts after one year -€43,703
down €43,703 (-4.3%), from €1.0m to €966,992
- Reserves -€40,330
down €40,330 (-7.2%), from €562,799 to €522,469
of which Distributable reserves: -€40,330
- Short-term financial debts +€30,000
new in 2025: €30,000
Income statement
- Gross operating margin +€108,419
up €108,419 (+77.6%), from €139,791 to €248,209
- Taxes +€27,968
up €27,968 (+109%), from €25,737 to €53,704
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
€62,219
Gross operating margin
+€108,419
Other operating charges
+€1,401
Financial charges
+€609
Taxes
-€27,968
Result 2025
€144,680
raises the resultlowers the result
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.
From operations
+€207,834
Investment
€0
Financing
-€206,389
Cash 2024
€51,141
From operations (derived)
+€207,834
Net result for the year
+€144,680
Depreciation
+€14,991
Receivables after one year
+€68,000
Receivables within one year
-€16,767
Deferred charges and accrued income
-€10
Trade debts
-€3,306
Tax, wage and social debts
-€749
Accrued charges and deferred income
+€996
Financing
-€206,389
Debts after one year
-€43,703
Current portion of long-term debt
+€7,314
Short-term financial debts
+€30,000
Contributions, distributions and other
-€200,000
Cash 2025
€52,586
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,112,561 | €2,047,793 | -€64,768 | -3.1% |
| Fixed assets | 21/28 | €1,548,172 | €1,533,182 | -€14,991 | -1.0% |
| Tangible fixed assets | 22/27 | €578,531 | €563,540 | -€14,991 | -2.6% |
| Land and buildings | 22 | €407,331 | €392,340 | -€14,991 | -3.7% |
| Other tangible fixed assets | 26 | €171,200 | €171,200 | = | 0.0% |
| Financial fixed assets | 28 | €969,641 | €969,641 | = | 0.0% |
| Current assets | 29/58 | €564,388 | €514,611 | -€49,778 | -8.8% |
| Amounts receivable after more than one year | 29 | €465,000 | €397,000 | -€68,000 | -14.6% |
| Other amounts receivable | 291 | €465,000 | €397,000 | -€68,000 | -14.6% |
| Amounts receivable within one year | 40/41 | €36,298 | €53,065 | +€16,767 | +46.2% |
| Trade receivables | 40 | €36,298 | €53,065 | +€16,767 | +46.2% |
| Cash at bank and in hand | 54/58 | €51,141 | €52,586 | +€1,446 | +2.8% |
| Deferred charges and accrued income | 490/1 | €11,949 | €11,959 | +€10 | +0.1% |
| Total equity and liabilities | 10/49 | €2,112,561 | €2,047,793 | -€64,768 | -3.1% |
| Equity | 10/15 | €1,030,172 | €974,852 | -€55,320 | -5.4% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Revaluation surpluses | 12 | €402,373 | €387,383 | -€14,991 | -3.7% |
| Reserves | 13 | €562,799 | €522,469 | -€40,330 | -7.2% |
| Non-distributable reserves | 130/1 | €19,088 | €19,088 | = | 0.0% |
| Legal reserve | 130 | €19,088 | €19,088 | = | 0.0% |
| Tax-exempt reserves | 132 | €33,553 | €33,553 | = | 0.0% |
| Distributable reserves | 133 | €510,158 | €469,828 | -€40,330 | -7.9% |
| Amounts payable | 17/49 | €1,082,389 | €1,072,941 | -€9,448 | -0.9% |
| Amounts payable after more than one year | 17 | €1,010,695 | €966,992 | -€43,703 | -4.3% |
| Financial debts | 170/4 | €1,010,695 | €966,992 | -€43,703 | -4.3% |
| Amounts payable within one year | 42/48 | €66,697 | €99,956 | +€33,259 | +49.9% |
| Current portion of amounts payable after more than one year | 42 | €49,859 | €57,174 | +€7,314 | +14.7% |
| Financial debts | 43 | - | €30,000 | +€30,000 | |
| Credit institutions | 430/8 | - | €30,000 | +€30,000 | |
| Trade debts | 44 | €8,647 | €5,341 | -€3,306 | -38.2% |
| Suppliers | 440/4 | €8,647 | €5,341 | -€3,306 | -38.2% |
| Taxes, remuneration and social security | 45 | €8,190 | €7,441 | -€749 | -9.2% |
| Taxes | 450/3 | €8,190 | €7,441 | -€749 | -9.2% |
| Accrued charges and deferred income | 492/3 | €4,997 | €5,993 | +€996 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,991 | €14,991 | = | 0.0% |
| Other operating charges | 640/8 | €18,379 | €16,978 | -€1,401 | -7.6% |
| Gross operating margin | 9900 | €139,791 | €248,209 | +€108,419 | +77.6% |
| Operating profit (loss) | 9901 | €106,421 | €216,241 | +€109,820 | +103% |
| Financial charges | 65/66B | €18,465 | €17,857 | -€609 | -3.3% |
| Recurring financial charges | 65 | €18,465 | €17,857 | -€609 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €87,956 | €198,384 | +€110,428 | +126% |
| Income taxes | 67/77 | €25,737 | €53,704 | +€27,968 | +109% |
| Profit (loss) for the period | 9904 | €62,219 | €144,680 | +€82,461 | +133% |
| Profit (loss) for the period to be appropriated | 9905 | €62,219 | €144,680 | +€82,461 | +133% |
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 15 October 2026 via checked.be.