UNICOL: 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.
UNICOL
Largest movements
- Financial fixed assets +€510,336
up €510,336 (+197%), from €259,711 to €770,047
- Cash -€196,291
down €196,291 (-40.5%), from €484,628 to €288,337
mainly Investment in fixed assets (net) (-€510,336) and Debts after one year (-€190,172)
- Tangible fixed assets -€140,590
down €140,590 (-3.5%), from €4.0m to €3.9m
of which Land and buildings: -€96,249
- Receivables after one year -€100,000
down €100,000 (-100%), from €100,000 to €0
- Receivables within one year +€77,487
up €77,487 (+235%), from €32,944 to €110,431
- Reserves +€220,000
up €220,000 (+8.7%), from €2.5m to €2.7m
of which Distributable reserves: +€220,000
- Debts after one year -€190,172
down €190,172 (-9.9%), from €1.9m to €1.7m
of which Financial debts: -€190,172
- Gross operating margin +€64,337
up €64,337 (+14.1%), from €457,771 to €522,108
- Taxes +€23,301
up €23,301 (+29.0%), from €80,474 to €103,775
- Financial charges -€6,848
down €6,848 (-11.3%), from €60,568 to €53,720
of which Financial charges: -€6,848
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 | €5,292,421 | €5,378,306 | +€85,885 | +1.6% |
| Fixed assets | 21/28 | €4,268,107 | €4,637,853 | +€369,746 | +8.7% |
| Tangible fixed assets | 22/27 | €4,008,396 | €3,867,806 | -€140,590 | -3.5% |
| Land and buildings | 22 | €3,790,170 | €3,693,921 | -€96,249 | -2.5% |
| Plant, machinery and equipment | 23 | €9,036 | €0 | -€9,036 | -100% |
| Furniture and vehicles | 24 | €12 | €0 | -€12 | -100% |
| Other tangible fixed assets | 26 | €209,178 | €173,885 | -€35,293 | -16.9% |
| Financial fixed assets | 28 | €259,711 | €770,047 | +€510,336 | +197% |
| Current assets | 29/58 | €1,024,314 | €740,453 | -€283,861 | -27.7% |
| Amounts receivable after more than one year | 29 | €100,000 | €0 | -€100,000 | -100% |
| Other amounts receivable | 291 | €100,000 | €0 | -€100,000 | -100% |
| Amounts receivable within one year | 40/41 | €32,944 | €110,431 | +€77,487 | +235% |
| Other amounts receivable | 41 | €32,944 | €110,431 | +€77,487 | +235% |
| Current investments | 50/53 | €406,360 | €338,092 | -€68,268 | -16.8% |
| Cash at bank and in hand | 54/58 | €484,628 | €288,337 | -€196,291 | -40.5% |
| Deferred charges and accrued income | 490/1 | €382 | €3,593 | +€3,211 | +841% |
| Total equity and liabilities | 10/49 | €5,292,421 | €5,378,306 | +€85,885 | +1.6% |
| Equity | 10/15 | €2,650,222 | €2,870,831 | +€220,609 | +8.3% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €2,522,895 | €2,742,895 | +€220,000 | +8.7% |
| Non-distributable reserves | 130/1 | €133,895 | €133,895 | = | 0.0% |
| Legal reserve | 130 | €133,895 | €133,895 | = | 0.0% |
| Distributable reserves | 133 | €2,389,000 | €2,609,000 | +€220,000 | +9.2% |
| Profit (loss) carried forward | 14 | €3,381 | €3,989 | +€609 | +18.0% |
| Amounts payable | 17/49 | €2,642,199 | €2,507,475 | -€134,724 | -5.1% |
| Amounts payable after more than one year | 17 | €1,929,224 | €1,739,052 | -€190,172 | -9.9% |
| Financial debts | 170/4 | €1,929,164 | €1,738,992 | -€190,172 | -9.9% |
| Other amounts payable | 178/9 | €60 | €60 | = | 0.0% |
| Amounts payable within one year | 42/48 | €673,669 | €732,961 | +€59,292 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €188,471 | €190,172 | +€1,702 | +0.9% |
| Taxes, remuneration and social security | 45 | €4,929 | €35,489 | +€30,560 | +620% |
| Taxes | 450/3 | €4,929 | €35,489 | +€30,560 | +620% |
| Other amounts payable | 47/48 | €480,269 | €507,300 | +€27,031 | +5.6% |
| Accrued charges and deferred income | 492/3 | €39,305 | €35,462 | -€3,844 | -9.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €200 | €0 | -€200 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,891 | €140,590 | -€1,301 | -0.9% |
| Other operating charges | 640/8 | €32,502 | €32,725 | +€224 | +0.7% |
| Non-recurring operating charges | 66A | €2,000 | - | -€2,000 | |
| Gross operating margin | 9900 | €457,771 | €522,108 | +€64,337 | +14.1% |
| Operating profit (loss) | 9901 | €281,178 | €348,793 | +€67,615 | +24.0% |
| Financial income | 75/76B | €29,809 | €29,310 | -€499 | -1.7% |
| Recurring financial income | 75 | €29,809 | €29,310 | -€499 | -1.7% |
| Financial charges | 65/66B | €60,568 | €53,720 | -€6,848 | -11.3% |
| Recurring financial charges | 65 | €60,568 | €53,720 | -€6,848 | -11.3% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €250,419 | €324,384 | +€73,964 | +29.5% |
| Income taxes | 67/77 | €80,474 | €103,775 | +€23,301 | +29.0% |
| Profit (loss) for the period | 9904 | €169,945 | €220,609 | +€50,663 | +29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €169,945 | €220,609 | +€50,663 | +29.8% |
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 19 October 2026 via checked.be.