UNICOM TELECOMMUNICATIONS & ELECTRONICS: what changed
Two fiscal 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.
UNICOM TELECOMMUNICATIONS & ELECTRONICS
Largest movements
- Stocks and contracts -€231,450
down €231,450 (-71.9%), from €322,064 to €90,614
- Receivables within one year +€146,356
up €146,356 (+24.7%), from €593,542 to €739,898
of which Trade receivables: +€128,487
- Profit (loss) carried forward -€76,636
down €76,636 (-13.7%), from -€559,357 to -€635,993
- Accrued charges and deferred income +€49,434
new in 2025: €49,434
- Tax, wage and social debts -€30,681
down €30,681 (-65.4%), from €46,884 to €16,203
of which Remuneration and social security: -€31,140
- Trade debts -€16,566
down €16,566 (-35.5%), from €46,621 to €30,054
- Other debts -€11,490
down €11,490 (-0.8%), from €1.4m to €1.4m
- Gross operating margin -€93,718
down €93,718, from €90,783 to -€2,935
- Other operating charges -€41,156
down €41,156 (-98.5%), from €41,766 to €610
- Staff costs -€18,804
down €18,804 (-27.0%), from €69,570 to €50,766
- Depreciation -€8,195
no longer reported in 2025 (was €8,195)
- Financial income +€7,311
new in 2025: €7,311
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 | €971,911 | €885,972 | -€85,939 | -8.8% |
| Fixed assets | 21/28 | €36,797 | €36,679 | -€118 | -0.3% |
| Tangible fixed assets | 22/27 | €24,585 | €25,667 | +€1,082 | +4.4% |
| Other tangible fixed assets | 26 | €24,585 | €25,667 | +€1,082 | +4.4% |
| Financial fixed assets | 28 | €12,212 | €11,012 | -€1,200 | -9.8% |
| Current assets | 29/58 | €935,114 | €849,293 | -€85,821 | -9.2% |
| Stocks and contracts in progress | 3 | €322,064 | €90,614 | -€231,450 | -71.9% |
| Stocks | 30/36 | €322,064 | €90,614 | -€231,450 | -71.9% |
| Amounts receivable within one year | 40/41 | €593,542 | €739,898 | +€146,356 | +24.7% |
| Trade receivables | 40 | €561,069 | €689,557 | +€128,487 | +22.9% |
| Other amounts receivable | 41 | €32,473 | €50,342 | +€17,869 | +55.0% |
| Cash at bank and in hand | 54/58 | €19,508 | €18,781 | -€727 | -3.7% |
| Total equity and liabilities | 10/49 | €971,911 | €885,972 | -€85,939 | -8.8% |
| Equity | 10/15 | -€491,157 | -€567,793 | -€76,636 | -15.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€559,357 | -€635,993 | -€76,636 | -13.7% |
| Amounts payable | 17/49 | €1,463,067 | €1,453,764 | -€9,303 | -0.6% |
| Amounts payable within one year | 42/48 | €1,463,067 | €1,404,330 | -€58,737 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €6,429 | €6,429 | = | 0.0% |
| Trade debts | 44 | €46,621 | €30,054 | -€16,566 | -35.5% |
| Suppliers | 440/4 | €46,621 | €30,054 | -€16,566 | -35.5% |
| Taxes, remuneration and social security | 45 | €46,884 | €16,203 | -€30,681 | -65.4% |
| Taxes | 450/3 | - | €459 | +€459 | |
| Remuneration and social security | 454/9 | €46,884 | €15,744 | -€31,140 | -66.4% |
| Other amounts payable | 47/48 | €1,363,134 | €1,351,644 | -€11,490 | -0.8% |
| Accrued charges and deferred income | 492/3 | - | €49,434 | +€49,434 | |
| Non-recurring operating income | 76A | €99,625 | €37,718 | -€61,907 | -62.1% |
| Remuneration, social security and pensions | 62 | €69,570 | €50,766 | -€18,804 | -27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,195 | - | -€8,195 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €25,251 | €24,384 | -€867 | -3.4% |
| Other operating charges | 640/8 | €41,766 | €610 | -€41,156 | -98.5% |
| Non-recurring operating charges | 66A | - | €797 | +€797 | |
| Gross operating margin | 9900 | €90,783 | -€2,935 | -€93,718 | |
| Operating profit (loss) | 9901 | -€53,999 | -€79,492 | -€25,494 | -47.2% |
| Financial income | 75/76B | - | €7,311 | +€7,311 | |
| Recurring financial income | 75 | - | €7,311 | +€7,311 | |
| Financial charges | 65/66B | €7,468 | €3,996 | -€3,472 | -46.5% |
| Recurring financial charges | 65 | €7,468 | €3,996 | -€3,472 | -46.5% |
| Profit (loss) for the period before taxes | 9903 | -€61,467 | -€76,177 | -€14,710 | -23.9% |
| Income taxes | 67/77 | €1,988 | €459 | -€1,529 | -76.9% |
| Profit (loss) for the period | 9904 | -€63,455 | -€76,636 | -€13,181 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,455 | -€76,636 | -€13,181 | -20.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.