UNION MARIA: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
UNION MARIA
Largest movements
- Stocks and contracts +€18,992
new in 2026: €18,992
- Receivables within one year +€14,787
up €14,787 (+10.4%), from €141,912 to €156,699
of which Other amounts receivable: +€15,146
- Tangible fixed assets -€6,835
down €6,835 (-25.1%), from €27,240 to €20,406
of which Plant, machinery and equipment: -€5,894
- Cash -€5,496
down €5,496 (-8.9%), from €61,526 to €56,030
mainly Stocks and contracts (-€18,992) and Receivables within one year (-€14,787)
- Intangible fixed assets -€3,300
down €3,300 (-25.0%), from €13,200 to €9,900
- Reserves +€12,978
up €12,978 (+10.1%), from €128,622 to €141,600
of which Distributable reserves: +€12,978
- Trade debts +€3,461
up €3,461 (+19.6%), from €17,651 to €21,112
- Gross operating margin +€100,714
up €100,714 (+81.3%), from €123,852 to €224,565
- Staff costs +€93,519
up €93,519 (+122%), from €76,398 to €169,917
- Taxes +€11,552
up €11,552 (+112%), from €10,274 to €21,827
- Financial charges -€4,424
down €4,424 (-49.8%), from €8,885 to €4,461
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €280,258 | €298,827 | +€18,570 | +6.6% |
| Fixed assets | 21/28 | €68,810 | €58,675 | -€10,135 | -14.7% |
| Intangible fixed assets | 21 | €13,200 | €9,900 | -€3,300 | -25.0% |
| Tangible fixed assets | 22/27 | €27,240 | €20,406 | -€6,835 | -25.1% |
| Plant, machinery and equipment | 23 | €19,471 | €13,577 | -€5,894 | -30.3% |
| Furniture and vehicles | 24 | €7,769 | €6,829 | -€941 | -12.1% |
| Financial fixed assets | 28 | €28,370 | €28,370 | = | 0.0% |
| Current assets | 29/58 | €211,448 | €240,152 | +€28,704 | +13.6% |
| Stocks and contracts in progress | 3 | - | €18,992 | +€18,992 | |
| Stocks | 30/36 | - | €18,992 | +€18,992 | |
| Amounts receivable within one year | 40/41 | €141,912 | €156,699 | +€14,787 | +10.4% |
| Trade receivables | 40 | €23,173 | €22,814 | -€359 | -1.5% |
| Other amounts receivable | 41 | €118,739 | €133,885 | +€15,146 | +12.8% |
| Cash at bank and in hand | 54/58 | €61,526 | €56,030 | -€5,496 | -8.9% |
| Deferred charges and accrued income | 490/1 | €8,011 | €8,431 | +€421 | +5.2% |
| Total equity and liabilities | 10/49 | €280,258 | €298,827 | +€18,570 | +6.6% |
| Equity | 10/15 | €239,609 | €252,587 | +€12,978 | +5.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €128,622 | €141,600 | +€12,978 | +10.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €126,762 | €139,740 | +€12,978 | +10.2% |
| Profit (loss) carried forward | 14 | €104,787 | €104,787 | = | 0.0% |
| Amounts payable | 17/49 | €40,649 | €46,240 | +€5,592 | +13.8% |
| Amounts payable within one year | 42/48 | €40,649 | €46,240 | +€5,592 | +13.8% |
| Trade debts | 44 | €17,651 | €21,112 | +€3,461 | +19.6% |
| Suppliers | 440/4 | €17,651 | €21,112 | +€3,461 | +19.6% |
| Advances received on contracts in progress | 46 | €4,746 | €4,460 | -€286 | -6.0% |
| Taxes, remuneration and social security | 45 | €18,251 | €20,668 | +€2,417 | +13.2% |
| Taxes | 450/3 | €13,528 | €2,899 | -€10,629 | -78.6% |
| Remuneration and social security | 454/9 | €4,723 | €17,769 | +€13,046 | +276% |
| Remuneration, social security and pensions | 62 | €76,398 | €169,917 | +€93,519 | +122% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,361 | €16,582 | +€2,221 | +15.5% |
| Other operating charges | 640/8 | €4,230 | €5,561 | +€1,331 | +31.5% |
| Gross operating margin | 9900 | €123,852 | €224,565 | +€100,714 | +81.3% |
| Operating profit (loss) | 9901 | €28,863 | €32,505 | +€3,642 | +12.6% |
| Financial income | 75/76B | €6,965 | €6,761 | -€205 | -2.9% |
| Recurring financial income | 75 | €6,965 | €6,761 | -€205 | -2.9% |
| Financial charges | 65/66B | €8,885 | €4,461 | -€4,424 | -49.8% |
| Recurring financial charges | 65 | €8,885 | €4,461 | -€4,424 | -49.8% |
| Profit (loss) for the period before taxes | 9903 | €26,944 | €34,805 | +€7,861 | +29.2% |
| Income taxes | 67/77 | €10,274 | €21,827 | +€11,552 | +112% |
| Profit (loss) for the period | 9904 | €16,669 | €12,978 | -€3,691 | -22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,669 | €12,978 | -€3,691 | -22.1% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.