UNIDU: 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.
UNIDU
Largest movements
- Receivables within one year +€94,585
up €94,585 (+137%), from €68,972 to €163,556
of which Trade receivables: +€76,106
- Stocks and contracts +€15,909
new in 2025: €15,909
- Cash +€12,416
up €12,416 (+51.9%), from €23,936 to €36,352
mainly Trade debts (+€56,591) and Net result for the year (+€41,116)
- Tangible fixed assets +€11,411
up €11,411 (+33.9%), from €33,667 to €45,078
of which Furniture and vehicles: +€22,601
- Deferred charges and accrued income +€8,525
up €8,525 (+153%), from €5,576 to €14,101
- Trade debts +€56,591
up €56,591 (+319%), from €17,751 to €74,342
- Profit (loss) carried forward +€41,116
up €41,116 (+87.1%), from €47,223 to €88,339
- Tax, wage and social debts +€37,370
up €37,370 (+148%), from €25,203 to €62,573
of which Remuneration and social security: +€18,959
- Debts after one year +€12,462
up €12,462 (+53.2%), from €23,425 to €35,887
- Gross operating margin +€110,498
up €110,498 (+132%), from €83,832 to €194,330
- Staff costs +€89,443
up €89,443 (+411%), from €21,766 to €111,208
- Depreciation +€13,593
up €13,593 (+596%), from €2,282 to €15,876
- Financial charges +€4,425
up €4,425, from -€240 to €4,186
- Write-downs +€3,603
new in 2025: €3,603
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 | €133,361 | €284,726 | +€151,366 | +114% |
| Fixed assets | 21/28 | €34,877 | €54,808 | +€19,931 | +57.1% |
| Intangible fixed assets | 21 | - | €8,128 | +€8,128 | |
| Tangible fixed assets | 22/27 | €33,667 | €45,078 | +€11,411 | +33.9% |
| Furniture and vehicles | 24 | €1,314 | €23,915 | +€22,601 | +1,720% |
| Leasing and similar rights | 25 | €32,353 | €21,162 | -€11,190 | -34.6% |
| Financial fixed assets | 28 | €1,210 | €1,602 | +€392 | +32.4% |
| Current assets | 29/58 | €98,484 | €229,918 | +€131,434 | +133% |
| Stocks and contracts in progress | 3 | - | €15,909 | +€15,909 | |
| Stocks | 30/36 | - | €15,909 | +€15,909 | |
| Amounts receivable within one year | 40/41 | €68,972 | €163,556 | +€94,585 | +137% |
| Trade receivables | 40 | €68,972 | €145,078 | +€76,106 | +110% |
| Other amounts receivable | 41 | - | €18,478 | +€18,478 | |
| Cash at bank and in hand | 54/58 | €23,936 | €36,352 | +€12,416 | +51.9% |
| Deferred charges and accrued income | 490/1 | €5,576 | €14,101 | +€8,525 | +153% |
| Total equity and liabilities | 10/49 | €133,361 | €284,726 | +€151,366 | +114% |
| Equity | 10/15 | €51,223 | €92,339 | +€41,116 | +80.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,223 | €88,339 | +€41,116 | +87.1% |
| Amounts payable | 17/49 | €82,138 | €192,387 | +€110,250 | +134% |
| Amounts payable after more than one year | 17 | €23,425 | €35,887 | +€12,462 | +53.2% |
| Financial debts | 170/4 | €23,425 | €35,887 | +€12,462 | +53.2% |
| Amounts payable within one year | 42/48 | €58,712 | €156,500 | +€97,788 | +167% |
| Current portion of amounts payable after more than one year | 42 | €10,145 | €12,981 | +€2,836 | +28.0% |
| Trade debts | 44 | €17,751 | €74,342 | +€56,591 | +319% |
| Suppliers | 440/4 | €17,751 | €74,342 | +€56,591 | +319% |
| Taxes, remuneration and social security | 45 | €25,203 | €62,573 | +€37,370 | +148% |
| Taxes | 450/3 | €24,550 | €42,961 | +€18,411 | +75.0% |
| Remuneration and social security | 454/9 | €653 | €19,612 | +€18,959 | +2,904% |
| Other amounts payable | 47/48 | €5,613 | €6,604 | +€991 | +17.7% |
| Non-recurring operating income | 76A | - | €5,834 | +€5,834 | |
| Remuneration, social security and pensions | 62 | €21,766 | €111,208 | +€89,443 | +411% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,282 | €15,876 | +€13,593 | +596% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,603 | +€3,603 | |
| Other operating charges | 640/8 | €50 | €3,093 | +€3,043 | +6,086% |
| Non-recurring operating charges | 66A | €353 | €789 | +€436 | +124% |
| Gross operating margin | 9900 | €83,832 | €194,330 | +€110,498 | +132% |
| Operating profit (loss) | 9901 | €59,381 | €59,761 | +€380 | +0.6% |
| Financial income | 75/76B | €0 | €635 | +€635 | +577,218% |
| Recurring financial income | 75 | €0 | €635 | +€635 | +577,218% |
| Financial charges | 65/66B | -€240 | €4,186 | +€4,425 | |
| Recurring financial charges | 65 | -€240 | €4,186 | +€4,425 | |
| Profit (loss) for the period before taxes | 9903 | €59,621 | €56,210 | -€3,411 | -5.7% |
| Income taxes | 67/77 | €12,398 | €15,094 | +€2,696 | +21.7% |
| Profit (loss) for the period | 9904 | €47,223 | €41,116 | -€6,107 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €47,223 | €41,116 | -€6,107 | -12.9% |
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 25 October 2026 via checked.be.