UNIGLAS: 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.
UNIGLAS
Largest movements
- Tangible fixed assets +€10,368
up €10,368 (+5.3%), from €197,438 to €207,805
of which Furniture and vehicles: +€33,723
- Receivables within one year -€8,259
down €8,259 (-10.1%), from €81,424 to €73,165
of which Trade receivables: -€10,888
- Other debts +€21,352
up €21,352 (+221%), from €9,648 to €31,000
- Short-term financial debts -€20,927
down €20,927 (-56.8%), from €36,833 to €15,906
- Trade debts -€19,755
down €19,755 (-47.2%), from €41,840 to €22,085
- Reserves +€13,000
up €13,000 (+8.8%), from €147,457 to €160,457
of which Distributable reserves: +€13,000
- Current portion of long-term debt +€11,142
up €11,142 (+41.7%), from €26,735 to €37,877
- Gross operating margin +€19,251
up €19,251 (+20.5%), from €94,006 to €113,256
- Depreciation +€6,364
up €6,364 (+16.6%), from €38,334 to €44,698
- Taxes +€2,428
up €2,428 (+19.4%), from €12,530 to €14,958
- Financial charges +€1,169
up €1,169 (+11.6%), from €10,072 to €11,242
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €359,539 | €361,648 | +€2,109 | +0.6% |
| Fixed assets | 21/28 | €198,115 | €208,482 | +€10,368 | +5.2% |
| Tangible fixed assets | 22/27 | €197,438 | €207,805 | +€10,368 | +5.3% |
| Land and buildings | 22 | €125,174 | €110,018 | -€15,156 | -12.1% |
| Plant, machinery and equipment | 23 | €23,827 | €15,627 | -€8,200 | -34.4% |
| Furniture and vehicles | 24 | €48,437 | €82,161 | +€33,723 | +69.6% |
| Financial fixed assets | 28 | €677 | €677 | = | 0.0% |
| Current assets | 29/58 | €161,424 | €153,165 | -€8,259 | -5.1% |
| Amounts receivable after more than one year | 29 | €80,000 | €80,000 | = | 0.0% |
| Other amounts receivable | 291 | €80,000 | €80,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €81,424 | €73,165 | -€8,259 | -10.1% |
| Trade receivables | 40 | €78,676 | €67,788 | -€10,888 | -13.8% |
| Other amounts receivable | 41 | €2,748 | €5,378 | +€2,629 | +95.7% |
| Total equity and liabilities | 10/49 | €359,539 | €361,648 | +€2,109 | +0.6% |
| Equity | 10/15 | €181,211 | €188,742 | +€7,531 | +4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €147,457 | €160,457 | +€13,000 | +8.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €24,957 | €24,957 | = | 0.0% |
| Distributable reserves | 133 | €122,500 | €135,500 | +€13,000 | +10.6% |
| Profit (loss) carried forward | 14 | €15,154 | €9,686 | -€5,469 | -36.1% |
| Amounts payable | 17/49 | €178,328 | €172,905 | -€5,422 | -3.0% |
| Amounts payable after more than one year | 17 | €58,242 | €54,680 | -€3,562 | -6.1% |
| Financial debts | 170/4 | €58,242 | €54,680 | -€3,562 | -6.1% |
| Amounts payable within one year | 42/48 | €120,086 | €118,226 | -€1,860 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €26,735 | €37,877 | +€11,142 | +41.7% |
| Financial debts | 43 | €36,833 | €15,906 | -€20,927 | -56.8% |
| Credit institutions | 430/8 | €36,833 | €15,906 | -€20,927 | -56.8% |
| Trade debts | 44 | €41,840 | €22,085 | -€19,755 | -47.2% |
| Suppliers | 440/4 | €41,840 | €22,085 | -€19,755 | -47.2% |
| Taxes, remuneration and social security | 45 | €5,030 | €11,358 | +€6,328 | +126% |
| Taxes | 450/3 | €5,030 | €11,358 | +€6,328 | +126% |
| Other amounts payable | 47/48 | €9,648 | €31,000 | +€21,352 | +221% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,334 | €44,698 | +€6,364 | +16.6% |
| Other operating charges | 640/8 | €6,801 | €6,089 | -€712 | -10.5% |
| Gross operating margin | 9900 | €94,006 | €113,256 | +€19,251 | +20.5% |
| Operating profit (loss) | 9901 | €48,870 | €62,469 | +€13,599 | +27.8% |
| Financial income | 75/76B | €2,369 | €2,262 | -€107 | -4.5% |
| Recurring financial income | 75 | €2,369 | €2,262 | -€107 | -4.5% |
| Financial charges | 65/66B | €10,072 | €11,242 | +€1,169 | +11.6% |
| Recurring financial charges | 65 | €10,072 | €11,242 | +€1,169 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €41,167 | €53,489 | +€12,322 | +29.9% |
| Income taxes | 67/77 | €12,530 | €14,958 | +€2,428 | +19.4% |
| Profit (loss) for the period | 9904 | €28,637 | €38,531 | +€9,895 | +34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,637 | €38,531 | +€9,895 | +34.6% |
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 26 October 2026 via checked.be.