Unicorn Ventures: 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.
Unicorn Ventures
Largest movements
- Receivables within one year -€35,484
down €35,484 (-77.7%), from €45,652 to €10,168
of which Trade receivables: -€43,084
- Cash -€25,326
down €25,326 (-39.0%), from €64,922 to €39,596
mainly Contributions, distributions and other (-€247,123) and Tax, wage and social debts (-€9,660)
- Stocks and contracts -€18,126
no longer reported in 2025 (was €18,126)
- Profit (loss) carried forward -€241,451
no longer reported in 2025 (was €241,451)
- Other debts +€165,849
up €165,849 (+127%), from €131,029 to €296,878
- Tax, wage and social debts -€9,660
down €9,660 (-79.9%), from €12,089 to €2,429
of which Taxes: -€7,368
- Gross operating margin -€111,580
down €111,580 (-76.9%), from €145,099 to €33,519
- Taxes -€27,807
down €27,807 (-92.7%), from €30,000 to €2,193
- Staff costs -€4,391
down €4,391 (-25.9%), from €16,959 to €12,568
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 | €877,855 | €792,796 | -€85,060 | -9.7% |
| Fixed assets | 21/28 | €748,654 | €742,965 | -€5,689 | -0.8% |
| Tangible fixed assets | 22/27 | €42,844 | €37,154 | -€5,689 | -13.3% |
| Plant, machinery and equipment | 23 | €23,837 | €17,329 | -€6,507 | -27.3% |
| Furniture and vehicles | 24 | €1,399 | €727 | -€672 | -48.0% |
| Other tangible fixed assets | 26 | €17,608 | €19,098 | +€1,490 | +8.5% |
| Financial fixed assets | 28 | €705,810 | €705,810 | = | 0.0% |
| Current assets | 29/58 | €129,201 | €49,831 | -€79,370 | -61.4% |
| Stocks and contracts in progress | 3 | €18,126 | - | -€18,126 | |
| Stocks | 30/36 | €18,126 | - | -€18,126 | |
| Amounts receivable within one year | 40/41 | €45,652 | €10,168 | -€35,484 | -77.7% |
| Trade receivables | 40 | €43,084 | - | -€43,084 | |
| Other amounts receivable | 41 | €2,568 | €10,168 | +€7,600 | +296% |
| Cash at bank and in hand | 54/58 | €64,922 | €39,596 | -€25,326 | -39.0% |
| Deferred charges and accrued income | 490/1 | €500 | €67 | -€434 | -86.7% |
| Total equity and liabilities | 10/49 | €877,855 | €792,796 | -€85,060 | -9.7% |
| Equity | 10/15 | €244,451 | €3,000 | -€241,451 | -98.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €241,451 | - | -€241,451 | |
| Amounts payable | 17/49 | €633,404 | €789,796 | +€156,391 | +24.7% |
| Amounts payable after more than one year | 17 | €490,000 | €490,000 | = | 0.0% |
| Financial debts | 170/4 | €490,000 | €490,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €143,404 | €299,796 | +€156,391 | +109% |
| Trade debts | 44 | €286 | €489 | +€203 | +70.8% |
| Suppliers | 440/4 | €286 | €489 | +€203 | +70.8% |
| Taxes, remuneration and social security | 45 | €12,089 | €2,429 | -€9,660 | -79.9% |
| Taxes | 450/3 | €9,028 | €1,660 | -€7,368 | -81.6% |
| Remuneration and social security | 454/9 | €3,060 | €769 | -€2,292 | -74.9% |
| Other amounts payable | 47/48 | €131,029 | €296,878 | +€165,849 | +127% |
| Remuneration, social security and pensions | 62 | €16,959 | €12,568 | -€4,391 | -25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,748 | €12,155 | +€407 | +3.5% |
| Other operating charges | 640/8 | €623 | €640 | +€16 | +2.6% |
| Gross operating margin | 9900 | €145,099 | €33,519 | -€111,580 | -76.9% |
| Operating profit (loss) | 9901 | €115,769 | €8,156 | -€107,612 | -93.0% |
| Financial income | 75/76B | €0 | €1 | +€1 | +2,825% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +2,825% |
| Financial charges | 65/66B | €297 | €292 | -€5 | -1.6% |
| Recurring financial charges | 65 | €297 | €292 | -€5 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €115,472 | €7,865 | -€107,606 | -93.2% |
| Income taxes | 67/77 | €30,000 | €2,193 | -€27,807 | -92.7% |
| Profit (loss) for the period | 9904 | €85,471 | €5,672 | -€79,799 | -93.4% |
| Profit (loss) for the period to be appropriated | 9905 | €85,471 | €5,672 | -€79,799 | -93.4% |
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.