UNIPAGE: what changed
UNIPAGE
Largest movements
- Receivables within one year +€65,005
up €65,005 (+91.0%), from €71,426 to €136,431
of which Trade receivables: +€74,296
- Intangible fixed assets +€57,393
up €57,393 (+28.8%), from €199,336 to €256,729
- Stocks and contracts +€54,286
up €54,286 (+39.3%), from €138,170 to €192,456
- Cash +€47,501
up €47,501 (+837%), from €5,676 to €53,177
mainly Depreciation (+€157,383) and Debts after one year (+€149,906)
- Tangible fixed assets -€26,971
down €26,971 (-4.1%), from €657,173 to €630,201
of which Land and buildings: -€14,200
- Debts after one year +€149,906
up €149,906 (+21.6%), from €694,646 to €844,552
- Profit (loss) carried forward +€94,076
up €94,076 (+1,465%), from €6,421 to €100,497
- Other debts -€68,856
down €68,856 (-61.9%), from €111,226 to €42,370
- Accrued charges and deferred income +€52,303
up €52,303 (+388%), from €13,496 to €65,799
- Tax, wage and social debts +€28,275
up €28,275 (+90.9%), from €31,090 to €59,365
of which Remuneration and social security: +€26,097
- Gross operating margin +€265,125
up €265,125 (+114%), from €233,511 to €498,636
- Staff costs +€63,993
up €63,993 (+41.6%), from €153,845 to €217,837
- Depreciation +€58,909
up €58,909 (+59.8%), from €98,474 to €157,383
- Financial income +€12,949
up €12,949 (+1,557%), from €831 to €13,781
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 | €1,082,871 | €1,297,490 | +€214,619 | +19.8% |
| Fixed assets | 21/28 | €856,508 | €886,930 | +€30,422 | +3.6% |
| Intangible fixed assets | 21 | €199,336 | €256,729 | +€57,393 | +28.8% |
| Tangible fixed assets | 22/27 | €657,173 | €630,201 | -€26,971 | -4.1% |
| Land and buildings | 22 | €582,463 | €568,263 | -€14,200 | -2.4% |
| Plant, machinery and equipment | 23 | €30,390 | €26,706 | -€3,684 | -12.1% |
| Furniture and vehicles | 24 | €35,983 | €31,492 | -€4,491 | -12.5% |
| Leasing and similar rights | 25 | €8,337 | €3,740 | -€4,597 | -55.1% |
| Current assets | 29/58 | €226,363 | €410,561 | +€184,197 | +81.4% |
| Stocks and contracts in progress | 3 | €138,170 | €192,456 | +€54,286 | +39.3% |
| Stocks | 30/36 | €138,170 | €192,456 | +€54,286 | +39.3% |
| Amounts receivable within one year | 40/41 | €71,426 | €136,431 | +€65,005 | +91.0% |
| Trade receivables | 40 | €59,843 | €134,139 | +€74,296 | +124% |
| Other amounts receivable | 41 | €11,583 | €2,292 | -€9,291 | -80.2% |
| Cash at bank and in hand | 54/58 | €5,676 | €53,177 | +€47,501 | +837% |
| Deferred charges and accrued income | 490/1 | €11,091 | €28,496 | +€17,405 | +157% |
| Total equity and liabilities | 10/49 | €1,082,871 | €1,297,490 | +€214,619 | +19.8% |
| Equity | 10/15 | €29,521 | €123,597 | +€94,076 | +319% |
| Contributions | 10/11 | €23,100 | €23,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,421 | €100,497 | +€94,076 | +1,465% |
| Amounts payable | 17/49 | €1,053,351 | €1,173,894 | +€120,543 | +11.4% |
| Amounts payable after more than one year | 17 | €694,646 | €844,552 | +€149,906 | +21.6% |
| Financial debts | 170/4 | €694,646 | €844,552 | +€149,906 | +21.6% |
| Amounts payable within one year | 42/48 | €345,209 | €263,543 | -€81,666 | -23.7% |
| Current portion of amounts payable after more than one year | 42 | €66,382 | €70,094 | +€3,711 | +5.6% |
| Financial debts | 43 | €20,000 | - | -€20,000 | |
| Credit institutions | 430/8 | €20,000 | - | -€20,000 | |
| Trade debts | 44 | €116,511 | €91,714 | -€24,798 | -21.3% |
| Suppliers | 440/4 | €116,511 | €91,714 | -€24,798 | -21.3% |
| Taxes, remuneration and social security | 45 | €31,090 | €59,365 | +€28,275 | +90.9% |
| Taxes | 450/3 | €7,170 | €9,348 | +€2,179 | +30.4% |
| Remuneration and social security | 454/9 | €23,920 | €50,017 | +€26,097 | +109% |
| Other amounts payable | 47/48 | €111,226 | €42,370 | -€68,856 | -61.9% |
| Accrued charges and deferred income | 492/3 | €13,496 | €65,799 | +€52,303 | +388% |
| Remuneration, social security and pensions | 62 | €153,845 | €217,837 | +€63,993 | +41.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,474 | €157,383 | +€58,909 | +59.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,816 | €668 | -€4,148 | -86.1% |
| Other operating charges | 640/8 | €2,282 | €3,778 | +€1,496 | +65.5% |
| Gross operating margin | 9900 | €233,511 | €498,636 | +€265,125 | +114% |
| Operating profit (loss) | 9901 | -€25,906 | €118,970 | +€144,875 | |
| Financial income | 75/76B | €831 | €13,781 | +€12,949 | +1,557% |
| Recurring financial income | 75 | €831 | €13,781 | +€12,949 | +1,557% |
| Financial charges | 65/66B | €38,668 | €33,944 | -€4,724 | -12.2% |
| Recurring financial charges | 65 | €38,668 | €33,944 | -€4,724 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | -€63,743 | €98,806 | +€162,549 | |
| Income taxes | 67/77 | €415 | €4,730 | +€4,316 | +1,041% |
| Profit (loss) for the period | 9904 | -€64,157 | €94,076 | +€158,233 | |
| Profit (loss) for the period to be appropriated | 9905 | -€64,157 | €94,076 | +€158,233 |
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 7 November 2026 via checked.be.