Unidevelop: 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
Unidevelop
NACE 68.121, Development of residential building projects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€148,938
2024 · €1.2m-€1.0m
Equity
€781,061
2024 · €632,123+€148,938
Cash
€57,965
2024 · €426,904-€368,939
Balance sheet total
€15.3m
2024 · €9.8m+€5.5m
Largest movements
Assets
- Stocks and contracts +€5.8m
up €5.8m (+78.5%), from €7.3m to €13.1m
- Cash -€368,939
down €368,939 (-86.4%), from €426,904 to €57,965
mainly Stocks and contracts (-€5.8m) and Receivables within one year (-€129,125)
Equity and liabilities
- Short-term financial debts +€3.2m
up €3.2m (+71.3%), from €4.5m to €7.6m
- Debts after one year +€2.1m
up €2.1m (+64.7%), from €3.3m to €5.4m
Income statement
- Gross operating margin -€1.6m
down €1.6m (-88.0%), from €1.8m to €221,189
- Taxes -€323,042
down €323,042 (-83.5%), from €387,041 to €63,998
- Financial charges -€208,372
down €208,372 (-80.7%), from €258,101 to €49,729
- Financial income +€41,265
up €41,265 (+278%), from €14,847 to €56,112
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
€1.2m
Gross operating margin
-€1.6m
Depreciation
+€9,044
Other operating charges
+€280
Financial income
+€41,265
Financial charges
+€208,372
Taxes
+€323,042
Result 2025
€148,938
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
-€5.6m
Investment
€0
Financing
+€5.3m
Cash 2024
€426,904
From operations (derived)
-€5.6m
Net result for the year
+€148,938
Depreciation
+€13,269
Stocks and contracts
-€5.8m
Receivables within one year
-€129,125
Deferred charges and accrued income
+€18,117
Trade debts
-€40,887
Tax, wage and social debts
+€60,687
Advances received
-€14,218
Other debts
+€67,600
Financing
+€5.3m
Debts after one year
+€2.1m
Current portion of long-term debt
-€18,056
Short-term financial debts
+€3.2m
Cash 2025
€57,965
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,810,176 | €15,301,137 | +€5.5m | +56.0% |
| Fixed assets | 21/28 | €115,763 | €102,494 | -€13,269 | -11.5% |
| Tangible fixed assets | 22/27 | €113,163 | €99,894 | -€13,269 | -11.7% |
| Furniture and vehicles | 24 | €113,163 | €99,894 | -€13,269 | -11.7% |
| Financial fixed assets | 28 | €2,600 | €2,600 | = | 0.0% |
| Current assets | 29/58 | €9,694,413 | €15,198,643 | +€5.5m | +56.8% |
| Stocks and contracts in progress | 3 | €7,343,876 | €13,106,037 | +€5.8m | +78.5% |
| Stocks | 30/36 | €7,343,876 | €13,106,037 | +€5.8m | +78.5% |
| Amounts receivable within one year | 40/41 | €1,900,838 | €2,029,963 | +€129,125 | +6.8% |
| Trade receivables | 40 | €82,792 | €77,563 | -€5,229 | -6.3% |
| Other amounts receivable | 41 | €1,818,046 | €1,952,400 | +€134,354 | +7.4% |
| Cash at bank and in hand | 54/58 | €426,904 | €57,965 | -€368,939 | -86.4% |
| Deferred charges and accrued income | 490/1 | €22,796 | €4,678 | -€18,117 | -79.5% |
| Total equity and liabilities | 10/49 | €9,810,176 | €15,301,137 | +€5.5m | +56.0% |
| Equity | 10/15 | €632,123 | €781,061 | +€148,938 | +23.6% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €542,823 | €686,800 | +€143,977 | +26.5% |
| Tax-exempt reserves | 132 | €336,800 | €330,511 | -€6,289 | -1.9% |
| Distributable reserves | 133 | €206,023 | €356,289 | +€150,266 | +72.9% |
| Profit (loss) carried forward | 14 | €51,800 | €56,761 | +€4,961 | +9.6% |
| Amounts payable | 17/49 | €9,178,053 | €14,520,076 | +€5.3m | +58.2% |
| Amounts payable after more than one year | 17 | €3,270,000 | €5,384,980 | +€2.1m | +64.7% |
| Financial debts | 170/4 | €3,270,000 | €5,384,980 | +€2.1m | +64.7% |
| Amounts payable within one year | 42/48 | €5,908,053 | €9,135,096 | +€3.2m | +54.6% |
| Current portion of amounts payable after more than one year | 42 | €18,056 | - | -€18,056 | |
| Financial debts | 43 | €4,450,192 | €7,622,108 | +€3.2m | +71.3% |
| Credit institutions | 430/8 | €4,450,192 | €7,622,108 | +€3.2m | +71.3% |
| Trade debts | 44 | €594,927 | €554,040 | -€40,887 | -6.9% |
| Suppliers | 440/4 | €594,927 | €554,040 | -€40,887 | -6.9% |
| Advances received on contracts in progress | 46 | €14,218 | - | -€14,218 | |
| Taxes, remuneration and social security | 45 | €63,500 | €124,187 | +€60,687 | +95.6% |
| Taxes | 450/3 | €63,500 | €124,187 | +€60,687 | +95.6% |
| Other amounts payable | 47/48 | €767,161 | €834,761 | +€67,600 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,313 | €13,269 | -€9,044 | -40.5% |
| Other operating charges | 640/8 | €1,646 | €1,367 | -€280 | -17.0% |
| Gross operating margin | 9900 | €1,837,604 | €221,189 | -€1.6m | -88.0% |
| Operating profit (loss) | 9901 | €1,813,645 | €206,553 | -€1.6m | -88.6% |
| Financial income | 75/76B | €14,847 | €56,112 | +€41,265 | +278% |
| Recurring financial income | 75 | €14,847 | €56,112 | +€41,265 | +278% |
| Financial charges | 65/66B | €258,101 | €49,729 | -€208,372 | -80.7% |
| Recurring financial charges | 65 | €258,101 | €49,729 | -€208,372 | -80.7% |
| Profit (loss) for the period before taxes | 9903 | €1,570,391 | €212,936 | -€1.4m | -86.4% |
| Income taxes | 67/77 | €387,041 | €63,998 | -€323,042 | -83.5% |
| Profit (loss) for the period | 9904 | €1,183,350 | €148,938 | -€1.0m | -87.4% |
| Transfer to tax-exempt reserves | 689 | €231,550 | - | -€231,550 | |
| Profit (loss) for the period to be appropriated | 9905 | €951,800 | €148,938 | -€802,862 | -84.4% |
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.