Union Antwerp: 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.
Union Antwerp
Largest movements
- Receivables within one year -€50,985
down €50,985 (-46.1%), from €110,507 to €59,522
of which Other amounts receivable: -€48,103
- Cash +€29,639
up €29,639 (+152%), from €19,559 to €49,198
mainly Receivables within one year (+€50,985) and Trade debts (+€35,947)
- Other debts -€44,333
down €44,333 (-73.9%), from €60,000 to €15,667
- Trade debts +€35,947
new in 2024: €35,947
- Debts after one year -€33,846
down €33,846 (-90.7%), from €37,325 to €3,480
- Tax, wage and social debts +€20,191
up €20,191 (+329%), from €6,134 to €26,324
of which Taxes: +€23,448
- Gross operating margin -€55,690
down €55,690 (-38.4%), from €144,981 to €89,291
- Other operating charges -€12,957
down €12,957 (-91.9%), from €14,103 to €1,146
- Depreciation -€7,187
no longer reported in 2024 (was €7,187)
- Financial charges -€5,119
down €5,119 (-41.9%), from €12,219 to €7,100
- Staff costs +€4,835
up €4,835 (+6.4%), from €75,383 to €80,218
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,254 | €155,040 | -€21,214 | -12.0% |
| Fixed assets | 21/28 | €39,189 | €39,189 | = | 0.0% |
| Tangible fixed assets | 22/27 | €39,189 | €39,189 | = | 0.0% |
| Land and buildings | 22 | €2,637 | €2,637 | = | 0.0% |
| Plant, machinery and equipment | 23 | €34,560 | €34,560 | = | 0.0% |
| Furniture and vehicles | 24 | €1,991 | €1,991 | = | 0.0% |
| Current assets | 29/58 | €137,065 | €115,851 | -€21,214 | -15.5% |
| Stocks and contracts in progress | 3 | €7,000 | €7,132 | +€132 | +1.9% |
| Stocks | 30/36 | €7,000 | €7,132 | +€132 | +1.9% |
| Amounts receivable within one year | 40/41 | €110,507 | €59,522 | -€50,985 | -46.1% |
| Trade receivables | 40 | €62,404 | €59,522 | -€2,882 | -4.6% |
| Other amounts receivable | 41 | €48,103 | - | -€48,103 | |
| Cash at bank and in hand | 54/58 | €19,559 | €49,198 | +€29,639 | +152% |
| Total equity and liabilities | 10/49 | €176,254 | €155,040 | -€21,214 | -12.0% |
| Equity | 10/15 | €72,795 | €73,622 | +€827 | +1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,335 | €53,162 | +€827 | +1.6% |
| Amounts payable | 17/49 | €103,459 | €81,418 | -€22,041 | -21.3% |
| Amounts payable after more than one year | 17 | €37,325 | €3,480 | -€33,846 | -90.7% |
| Financial debts | 170/4 | €37,325 | €3,480 | -€33,846 | -90.7% |
| Amounts payable within one year | 42/48 | €66,134 | €77,939 | +€11,805 | +17.9% |
| Trade debts | 44 | - | €35,947 | +€35,947 | |
| Suppliers | 440/4 | - | €35,947 | +€35,947 | |
| Taxes, remuneration and social security | 45 | €6,134 | €26,324 | +€20,191 | +329% |
| Taxes | 450/3 | €1,100 | €24,548 | +€23,448 | +2,132% |
| Remuneration and social security | 454/9 | €5,034 | €1,777 | -€3,257 | -64.7% |
| Other amounts payable | 47/48 | €60,000 | €15,667 | -€44,333 | -73.9% |
| Remuneration, social security and pensions | 62 | €75,383 | €80,218 | +€4,835 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,187 | - | -€7,187 | |
| Other operating charges | 640/8 | €14,103 | €1,146 | -€12,957 | -91.9% |
| Gross operating margin | 9900 | €144,981 | €89,291 | -€55,690 | -38.4% |
| Operating profit (loss) | 9901 | €48,308 | €7,926 | -€40,382 | -83.6% |
| Financial income | 75/76B | €3,619 | - | -€3,619 | |
| Recurring financial income | 75 | €3,619 | - | -€3,619 | |
| Financial charges | 65/66B | €12,219 | €7,100 | -€5,119 | -41.9% |
| Recurring financial charges | 65 | €12,219 | €7,100 | -€5,119 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | €39,709 | €827 | -€38,882 | -97.9% |
| Profit (loss) for the period | 9904 | €39,709 | €827 | -€38,882 | -97.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,709 | €827 | -€38,882 | -97.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.