UNION MATES: what changed
UNION MATES
Largest movements
- Receivables within one year +€27,687
up €27,687, from €0 to €27,687
of which Trade receivables: +€27,687
- Cash -€19,675
down €19,675 (-55.6%), from €35,360 to €15,684
mainly Receivables within one year (-€27,687) and Debts after one year (-€13,715)
- Tangible fixed assets -€11,563
down €11,563 (-10.4%), from €111,702 to €100,139
- Debts after one year -€13,715
down €13,715 (-16.0%), from €85,507 to €71,792
of which Financial debts: -€13,715
- Reserves +€6,530
up €6,530 (+3.3%), from €197,234 to €203,763
- Trade debts +€3,335
up €3,335 (+1,481%), from €225 to €3,560
- Other operating charges +€1,488
up €1,488 (+43.6%), from €3,411 to €4,899
- Gross operating margin -€848
down €848 (-3.3%), from €25,971 to €25,123
- Staff costs -€273
down €273 (-43.9%), from €620 to €348
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €307,291 | €303,683 | -€3,608 | -1.2% |
| Fixed assets | 21/28 | €271,875 | €260,312 | -€11,563 | -4.3% |
| Tangible fixed assets | 22/27 | €111,702 | €100,139 | -€11,563 | -10.4% |
| Land and buildings | 22 | €111,702 | €100,139 | -€11,563 | -10.4% |
| Financial fixed assets | 28 | €160,173 | €160,173 | = | 0.0% |
| Current assets | 29/58 | €35,416 | €43,371 | +€7,955 | +22.5% |
| Amounts receivable within one year | 40/41 | €0 | €27,687 | +€27,687 | |
| Trade receivables | 40 | - | €27,687 | +€27,687 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €35,360 | €15,684 | -€19,675 | -55.6% |
| Deferred charges and accrued income | 490/1 | €57 | €0 | -€57 | -100% |
| Total equity and liabilities | 10/49 | €307,291 | €303,683 | -€3,608 | -1.2% |
| Equity | 10/15 | €203,434 | €209,963 | +€6,530 | +3.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €197,234 | €203,763 | +€6,530 | +3.3% |
| Distributable reserves | 133 | €197,234 | €203,763 | +€6,530 | +3.3% |
| Amounts payable | 17/49 | €103,858 | €93,720 | -€10,138 | -9.8% |
| Amounts payable after more than one year | 17 | €85,507 | €71,792 | -€13,715 | -16.0% |
| Financial debts | 170/4 | €85,507 | €71,792 | -€13,715 | -16.0% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €18,350 | €21,928 | +€3,578 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €13,508 | €13,715 | +€207 | +1.5% |
| Trade debts | 44 | €225 | €3,560 | +€3,335 | +1,481% |
| Suppliers | 440/4 | €225 | €3,560 | +€3,335 | +1,481% |
| Taxes, remuneration and social security | 45 | €4,617 | €4,652 | +€36 | +0.8% |
| Taxes | 450/3 | €4,617 | €4,652 | +€36 | +0.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €620 | €348 | -€273 | -43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,563 | €11,563 | = | 0.0% |
| Other operating charges | 640/8 | €3,411 | €4,899 | +€1,488 | +43.6% |
| Gross operating margin | 9900 | €25,971 | €25,123 | -€848 | -3.3% |
| Operating profit (loss) | 9901 | €10,377 | €8,314 | -€2,063 | -19.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +233% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +233% |
| Financial charges | 65/66B | €2,010 | €1,784 | -€225 | -11.2% |
| Recurring financial charges | 65 | €2,010 | €1,784 | -€225 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €8,368 | €6,530 | -€1,838 | -22.0% |
| Profit (loss) for the period | 9904 | €8,368 | €6,530 | -€1,838 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,368 | €6,530 | -€1,838 | -22.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.