UNISEC: 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.
UNISEC
Largest movements
- Receivables within one year +€53,286
up €53,286 (+23.9%), from €222,527 to €275,813
of which Other amounts receivable: +€66,777
- Short-term financial debts +€27,505
new in 2024: €27,505
- Reserves +€15,743
up €15,743 (+13.2%), from €118,876 to €134,619
of which Distributable reserves: +€15,743
- Debts after one year +€12,370
new in 2024: €12,370
- Tax, wage and social debts -€9,643
down €9,643 (-17.8%), from €54,233 to €44,590
- Other debts +€5,669
up €5,669 (+12.9%), from €44,078 to €49,747
- Gross operating margin -€53,050
down €53,050 (-67.8%), from €78,258 to €25,208
- Taxes -€16,054
down €16,054 (-69.5%), from €23,114 to €7,060
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €224,815 | €277,091 | +€52,276 | +23.3% |
| Fixed assets | 21/28 | €1,636 | €1,030 | -€605 | -37.0% |
| Tangible fixed assets | 22/27 | €1,611 | €1,005 | -€605 | -37.6% |
| Plant, machinery and equipment | 23 | €1,611 | €1,005 | -€605 | -37.6% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €223,179 | €276,060 | +€52,881 | +23.7% |
| Amounts receivable within one year | 40/41 | €222,527 | €275,813 | +€53,286 | +23.9% |
| Trade receivables | 40 | €31,801 | €18,310 | -€13,492 | -42.4% |
| Other amounts receivable | 41 | €190,726 | €257,503 | +€66,777 | +35.0% |
| Cash at bank and in hand | 54/58 | €652 | - | -€652 | |
| Deferred charges and accrued income | 490/1 | - | €247 | +€247 | |
| Total equity and liabilities | 10/49 | €224,815 | €277,091 | +€52,276 | +23.3% |
| Equity | 10/15 | €125,126 | €140,869 | +€15,743 | +12.6% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Capital | 10 | €6,250 | - | -€6,250 | |
| Issued capital | 100 | €18,750 | - | -€18,750 | |
| Uncalled capital | 101 | €12,500 | - | -€12,500 | |
| Reserves | 13 | €118,876 | €134,619 | +€15,743 | +13.2% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Legal reserve | 130 | €1,875 | - | -€1,875 | |
| Reserves not available under the articles | 1311 | - | €1,875 | +€1,875 | |
| Distributable reserves | 133 | €117,001 | €132,744 | +€15,743 | +13.5% |
| Amounts payable | 17/49 | €99,689 | €136,222 | +€36,533 | +36.6% |
| Amounts payable after more than one year | 17 | - | €12,370 | +€12,370 | |
| Financial debts | 170/4 | - | €12,370 | +€12,370 | |
| Amounts payable within one year | 42/48 | €99,689 | €123,851 | +€24,163 | +24.2% |
| Financial debts | 43 | - | €27,505 | +€27,505 | |
| Credit institutions | 430/8 | - | €27,505 | +€27,505 | |
| Trade debts | 44 | €1,378 | €2,010 | +€631 | +45.8% |
| Suppliers | 440/4 | €1,378 | €2,010 | +€631 | +45.8% |
| Taxes, remuneration and social security | 45 | €54,233 | €44,590 | -€9,643 | -17.8% |
| Taxes | 450/3 | €54,233 | €44,590 | -€9,643 | -17.8% |
| Other amounts payable | 47/48 | €44,078 | €49,747 | +€5,669 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €206 | €605 | +€400 | +194.4% |
| Other operating charges | 640/8 | €1,512 | €1,009 | -€503 | -33.3% |
| Gross operating margin | 9900 | €78,258 | €25,208 | -€53,050 | -67.8% |
| Operating profit (loss) | 9901 | €76,540 | €23,593 | -€52,947 | -69.2% |
| Financial charges | 65/66B | €256 | €790 | +€534 | +208.2% |
| Recurring financial charges | 65 | €256 | €790 | +€534 | +208.2% |
| Profit (loss) for the period before taxes | 9903 | €76,283 | €22,803 | -€53,480 | -70.1% |
| Income taxes | 67/77 | €23,114 | €7,060 | -€16,054 | -69.5% |
| Profit (loss) for the period | 9904 | €53,169 | €15,743 | -€37,426 | -70.4% |
| Profit (loss) for the period to be appropriated | 9905 | €53,169 | €15,743 | -€37,426 | -70.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.