UNION MULTISERVICE: what changed
Two fiscal 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 MULTISERVICE
Largest movements
- Receivables within one year +€1.4m
up €1.4m (+136.0%), from €1.0m to €2.4m
of which Other amounts receivable: +€791,716
- Tangible fixed assets -€322,512
down €322,512 (-10.4%), from €3.1m to €2.8m
of which Furniture and vehicles: -€168,969
- Profit (loss) carried forward +€264,477
up €264,477 (+8.3%), from €3.2m to €3.5m
- Reserves +€235,861
up €235,861 (+12686.2%), from €1,859 to €237,720
of which Tax-exempt reserves: +€235,861
- Other debts +€150,000
new in 2025: €150,000
- Trade debts +€147,366
up €147,366 (+84.5%), from €174,467 to €321,834
- Current portion of long-term debt +€95,840
up €95,840 (+21.7%), from €442,389 to €538,230
- Staff costs +€612,291
up €612,291 (+43.9%), from €1.4m to €2.0m
- Gross operating margin +€524,756
up €524,756 (+17.7%), from €3.0m to €3.5m
- Financial income +€294,560
up €294,560 (+580.4%), from €50,750 to €345,310
of which Non-recurring financial income: +€314,481
- Depreciation +€67,275
up €67,275 (+10.3%), from €650,228 to €717,504
- Financial charges -€45,802
down €45,802 (-33.7%), from €135,986 to €90,184
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.
Cash bridge derived
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 | €4,968,390 | €6,054,818 | +€1.1m | +21.9% |
| Fixed assets | 21/28 | €3,755,668 | €3,433,156 | -€322,512 | -8.6% |
| Tangible fixed assets | 22/27 | €3,103,473 | €2,780,961 | -€322,512 | -10.4% |
| Land and buildings | 22 | €1,239,178 | €1,070,657 | -€168,521 | -13.6% |
| Plant, machinery and equipment | 23 | €452,047 | €430,594 | -€21,453 | -4.7% |
| Furniture and vehicles | 24 | €875,500 | €706,531 | -€168,969 | -19.3% |
| Leasing and similar rights | 25 | €536,748 | €573,178 | +€36,430 | +6.8% |
| Financial fixed assets | 28 | €652,195 | €652,195 | = | 0.0% |
| Current assets | 29/58 | €1,212,721 | €2,621,662 | +€1.4m | +116.2% |
| Amounts receivable within one year | 40/41 | €1,024,573 | €2,417,891 | +€1.4m | +136.0% |
| Trade receivables | 40 | €468,616 | €1,070,218 | +€601,602 | +128.4% |
| Other amounts receivable | 41 | €555,957 | €1,347,673 | +€791,716 | +142.4% |
| Cash at bank and in hand | 54/58 | €111,913 | €102,736 | -€9,176 | -8.2% |
| Deferred charges and accrued income | 490/1 | €76,236 | €101,035 | +€24,799 | +32.5% |
| Total equity and liabilities | 10/49 | €4,968,390 | €6,054,818 | +€1.1m | +21.9% |
| Equity | 10/15 | €3,211,856 | €3,712,194 | +€500,338 | +15.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Outside capital | 11 | €6,197 | €6,197 | = | 0.0% |
| Other | 1109/19 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €237,720 | +€235,861 | +12686.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €235,861 | +€235,861 | |
| Profit (loss) carried forward | 14 | €3,203,799 | €3,468,276 | +€264,477 | +8.3% |
| Provisions and deferred taxes | 16 | - | €78,620 | +€78,620 | |
| Deferred taxes | 168 | - | €78,620 | +€78,620 | |
| Amounts payable | 17/49 | €1,756,534 | €2,264,003 | +€507,470 | +28.9% |
| Amounts payable after more than one year | 17 | €866,611 | €924,071 | +€57,460 | +6.6% |
| Financial debts | 170/4 | €866,611 | €924,071 | +€57,460 | +6.6% |
| Amounts payable within one year | 42/48 | €889,923 | €1,339,933 | +€450,010 | +50.6% |
| Current portion of amounts payable after more than one year | 42 | €442,389 | €538,230 | +€95,840 | +21.7% |
| Trade debts | 44 | €174,467 | €321,834 | +€147,366 | +84.5% |
| Suppliers | 440/4 | €174,467 | €321,834 | +€147,366 | +84.5% |
| Taxes, remuneration and social security | 45 | €273,067 | €329,870 | +€56,803 | +20.8% |
| Taxes | 450/3 | €37,703 | €128,344 | +€90,642 | +240.4% |
| Remuneration and social security | 454/9 | €235,364 | €201,525 | -€33,839 | -14.4% |
| Other amounts payable | 47/48 | - | €150,000 | +€150,000 | |
| Remuneration, social security and pensions | 62 | €1,393,381 | €2,005,672 | +€612,291 | +43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €650,228 | €717,504 | +€67,275 | +10.3% |
| Other operating charges | 640/8 | €45,115 | €56,832 | +€11,717 | +26.0% |
| Gross operating margin | 9900 | €2,958,871 | €3,483,627 | +€524,756 | +17.7% |
| Operating profit (loss) | 9901 | €870,147 | €703,620 | -€166,527 | -19.1% |
| Financial income | 75/76B | €50,750 | €345,310 | +€294,560 | +580.4% |
| Recurring financial income | 75 | €50,750 | €30,829 | -€19,921 | -39.3% |
| Non-recurring financial income | 76B | - | €314,481 | +€314,481 | |
| Financial charges | 65/66B | €135,986 | €90,184 | -€45,802 | -33.7% |
| Recurring financial charges | 65 | €135,986 | €90,184 | -€45,802 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | €784,912 | €958,746 | +€173,835 | +22.1% |
| Transfer to deferred taxes | 680 | - | €78,620 | +€78,620 | |
| Income taxes | 67/77 | €210,106 | €165,502 | -€44,604 | -21.2% |
| Profit (loss) for the period | 9904 | €574,806 | €714,624 | +€139,818 | +24.3% |
| Transfer to tax-exempt reserves | 689 | - | €235,861 | +€235,861 | |
| Profit (loss) for the period to be appropriated | 9905 | €574,806 | €478,763 | -€96,043 | -16.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.