UNIONVILLE: 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.
UNIONVILLE
Largest movements
- Cash -€172,697
down €172,697 (-41.3%), from €418,146 to €245,449
mainly Contributions, distributions and other (-€168,182) and Receivables within one year (-€21,557)
- Receivables within one year +€21,557
up €21,557 (+7.2%), from €298,430 to €319,987
of which Trade receivables: +€24,377
- Tangible fixed assets -€10,882
down €10,882 (-35.4%), from €30,707 to €19,826
- Reserves -€148,182
down €148,182 (-42.2%), from €351,314 to €203,132
of which Distributable reserves: -€148,182
- Gross operating margin -€68,647
down €68,647 (-49.0%), from €139,957 to €71,310
- Staff costs -€16,355
down €16,355 (-31.9%), from €51,263 to €34,908
- Financial charges -€12,311
down €12,311 (-91.5%), from €13,457 to €1,146
- Taxes +€8,391
up €8,391 (+669%), from €1,255 to €9,646
- Depreciation +€8,346
up €8,346 (+329%), from €2,536 to €10,882
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
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 | €752,011 | €586,974 | -€165,036 | -21.9% |
| Fixed assets | 21/28 | €31,107 | €20,226 | -€10,882 | -35.0% |
| Tangible fixed assets | 22/27 | €30,707 | €19,826 | -€10,882 | -35.4% |
| Furniture and vehicles | 24 | €30,707 | €19,826 | -€10,882 | -35.4% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €720,903 | €566,749 | -€154,155 | -21.4% |
| Amounts receivable within one year | 40/41 | €298,430 | €319,987 | +€21,557 | +7.2% |
| Trade receivables | 40 | €53,074 | €77,451 | +€24,377 | +45.9% |
| Other amounts receivable | 41 | €245,355 | €242,535 | -€2,820 | -1.1% |
| Cash at bank and in hand | 54/58 | €418,146 | €245,449 | -€172,697 | -41.3% |
| Deferred charges and accrued income | 490/1 | €4,328 | €1,313 | -€3,015 | -69.7% |
| Total equity and liabilities | 10/49 | €752,011 | €586,974 | -€165,036 | -21.9% |
| Equity | 10/15 | €714,117 | €559,102 | -€155,015 | -21.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €62,000 | €62,000 | = | 0.0% |
| Other | 1109/19 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €351,314 | €203,132 | -€148,182 | -42.2% |
| Non-distributable reserves | 130/1 | €1,500 | €1,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,500 | €1,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €331,064 | €182,882 | -€148,182 | -44.8% |
| Profit (loss) carried forward | 14 | €300,803 | €293,970 | -€6,833 | -2.3% |
| Amounts payable | 17/49 | €37,894 | €27,873 | -€10,021 | -26.4% |
| Amounts payable after more than one year | 17 | €5,945 | - | -€5,945 | |
| Financial debts | 170/4 | €5,945 | - | -€5,945 | |
| Amounts payable within one year | 42/48 | €31,948 | €27,873 | -€4,076 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €4,220 | €3,986 | -€234 | -5.5% |
| Taxes, remuneration and social security | 45 | €27,471 | €23,887 | -€3,584 | -13.0% |
| Taxes | 450/3 | €14,192 | €23,887 | +€9,695 | +68.3% |
| Remuneration and social security | 454/9 | €13,279 | - | -€13,279 | |
| Other amounts payable | 47/48 | €258 | - | -€258 | |
| Non-recurring operating income | 76A | €30,067 | - | -€30,067 | |
| Remuneration, social security and pensions | 62 | €51,263 | €34,908 | -€16,355 | -31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,536 | €10,882 | +€8,346 | +329% |
| Other operating charges | 640/8 | €1,631 | €1,561 | -€70 | -4.3% |
| Gross operating margin | 9900 | €139,957 | €71,310 | -€68,647 | -49.0% |
| Operating profit (loss) | 9901 | €84,527 | €23,959 | -€60,568 | -71.7% |
| Financial income | 75/76B | €3,067 | €0 | -€3,067 | -100.0% |
| Recurring financial income | 75 | €3,067 | €0 | -€3,067 | -100.0% |
| Financial charges | 65/66B | €13,457 | €1,146 | -€12,311 | -91.5% |
| Recurring financial charges | 65 | €13,457 | €1,146 | -€12,311 | -91.5% |
| Profit (loss) for the period before taxes | 9903 | €74,137 | €22,813 | -€51,324 | -69.2% |
| Income taxes | 67/77 | €1,255 | €9,646 | +€8,391 | +669% |
| Profit (loss) for the period | 9904 | €72,882 | €13,167 | -€59,715 | -81.9% |
| Profit (loss) for the period to be appropriated | 9905 | €72,882 | €13,167 | -€59,715 | -81.9% |
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 20 October 2026 via checked.be.