UNICA19: what changed
UNICA19
Largest movements
- Tangible fixed assets +€33,231
up €33,231 (+108%), from €30,713 to €63,944
- Receivables within one year -€29,714
down €29,714 (-65.0%), from €45,726 to €16,012
of which Trade receivables: -€25,814
- Stocks and contracts +€24,142
up €24,142 (+22.0%), from €109,737 to €133,879
- Deferred charges and accrued income +€15,600
new in 2025: €15,600
- Cash +€13,034
up €13,034 (+962%), from €1,354 to €14,388
mainly Debts after one year (+€33,401) and Receivables within one year (+€29,714)
- Debts after one year +€33,401
new in 2025: €33,401
- Tax, wage and social debts -€21,776
down €21,776 (-42.7%), from €51,020 to €29,244
- Trade debts +€19,684
up €19,684 (+47.0%), from €41,898 to €61,582
- Reserves +€17,796
up €17,796 (+25.8%), from €68,953 to €86,749
- Current portion of long-term debt +€15,360
new in 2025: €15,360
- Gross operating margin -€7,242
down €7,242 (-12.4%), from €58,499 to €51,257
- Depreciation +€4,545
up €4,545 (+59.2%), from €7,678 to €12,224
- Other operating charges -€4,151
down €4,151 (-54.4%), from €7,633 to €3,482
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €187,535 | €243,867 | +€56,332 | +30.0% |
| Fixed assets | 21/28 | €30,718 | €63,989 | +€33,271 | +108% |
| Tangible fixed assets | 22/27 | €30,713 | €63,944 | +€33,231 | +108% |
| Furniture and vehicles | 24 | €30,713 | €63,944 | +€33,231 | +108% |
| Financial fixed assets | 28 | €5 | €45 | +€40 | +765% |
| Current assets | 29/58 | €156,817 | €179,878 | +€23,061 | +14.7% |
| Stocks and contracts in progress | 3 | €109,737 | €133,879 | +€24,142 | +22.0% |
| Stocks | 30/36 | €109,737 | €133,879 | +€24,142 | +22.0% |
| Amounts receivable within one year | 40/41 | €45,726 | €16,012 | -€29,714 | -65.0% |
| Trade receivables | 40 | €41,726 | €15,912 | -€25,814 | -61.9% |
| Other amounts receivable | 41 | €4,000 | €100 | -€3,900 | -97.5% |
| Cash at bank and in hand | 54/58 | €1,354 | €14,388 | +€13,034 | +962% |
| Deferred charges and accrued income | 490/1 | - | €15,600 | +€15,600 | |
| Total equity and liabilities | 10/49 | €187,535 | €243,867 | +€56,332 | +30.0% |
| Equity | 10/15 | €70,953 | €88,749 | +€17,796 | +25.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €68,953 | €86,749 | +€17,796 | +25.8% |
| Distributable reserves | 133 | €68,953 | €86,749 | +€17,796 | +25.8% |
| Amounts payable | 17/49 | €116,582 | €155,118 | +€38,536 | +33.1% |
| Amounts payable after more than one year | 17 | - | €33,401 | +€33,401 | |
| Financial debts | 170/4 | - | €33,401 | +€33,401 | |
| Amounts payable within one year | 42/48 | €116,582 | €121,716 | +€5,135 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | - | €15,360 | +€15,360 | |
| Trade debts | 44 | €41,898 | €61,582 | +€19,684 | +47.0% |
| Suppliers | 440/4 | €41,898 | €61,582 | +€19,684 | +47.0% |
| Advances received on contracts in progress | 46 | €14,155 | - | -€14,155 | |
| Taxes, remuneration and social security | 45 | €51,020 | €29,244 | -€21,776 | -42.7% |
| Taxes | 450/3 | €51,020 | €29,244 | -€21,776 | -42.7% |
| Other amounts payable | 47/48 | €9,509 | €15,530 | +€6,021 | +63.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,678 | €12,224 | +€4,545 | +59.2% |
| Other operating charges | 640/8 | €7,633 | €3,482 | -€4,151 | -54.4% |
| Gross operating margin | 9900 | €58,499 | €51,257 | -€7,242 | -12.4% |
| Operating profit (loss) | 9901 | €43,188 | €35,551 | -€7,636 | -17.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €3,154 | €3,624 | +€470 | +14.9% |
| Recurring financial charges | 65 | €3,154 | €3,624 | +€470 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €40,034 | €31,929 | -€8,105 | -20.2% |
| Income taxes | 67/77 | €13,671 | €14,132 | +€461 | +3.4% |
| Profit (loss) for the period | 9904 | €26,363 | €17,796 | -€8,567 | -32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,363 | €17,796 | -€8,567 | -32.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.