UNISTEEL: 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.
What changed
UNISTEEL
NACE 46.620, Wholesale of machine tools
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€197,875
2024 · €437,618-€239,743
Equity
€14.9m
2024 · €14.7m+€197,875
Cash
€683,919
2024 · €1.1m-€368,970
Balance sheet total
€45.3m
2024 · €52.6m-€7.4m
Largest movements
Assets
- Receivables within one year -€10.4m
down €10.4m (-30.0%), from €34.6m to €24.2m
of which Trade receivables: -€9.5m
- Stocks and contracts +€5.1m
up €5.1m (+44.1%), from €11.5m to €16.6m
- Deferred charges and accrued income -€918,741
down €918,741 (-65.1%), from €1.4m to €493,322
- Current investments -€726,752
down €726,752 (-21.9%), from €3.3m to €2.6m
Equity and liabilities
- Trade debts -€14.5m
down €14.5m (-71.6%), from €20.3m to €5.8m
- Short-term financial debts +€7.7m
up €7.7m (+68.8%), from €11.2m to €18.9m
of which Credit institutions: +€7.5m
- Accrued charges and deferred income -€1.3m
down €1.3m (-87.9%), from €1.5m to €178,954
- Current portion of long-term debt +€1.1m
up €1.1m (+1,568%), from €70,582 to €1.2m
Income statement
- Goods and materials +€24.6m
up €24.6m (+25.3%), from €97.5m to €122.1m
of which Purchases: +€35.5m
- Turnover +€24.5m
up €24.5m (+23.9%), from €102.3m to €126.7m
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.
Result 2024
€437,618
Turnover
+€24.5m
Other operating income
+€76,285
Goods and materials
-€24.6m
Services and other goods
-€108,841
Staff costs
-€56,342
Depreciation
+€75,939
Write-downs
+€100,000
Other operating charges
+€128,621
Financial income
+€815,723
Financial charges
-€1.2m
Taxes
+€91,495
Result 2025
€197,875
raises the resultlowers the result
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.
From operations
-€9.8m
Investment
+€682,169
Financing
+€8.8m
Cash 2024
€1.1m
From operations (derived)
-€9.8m
Net result for the year
+€197,875
Depreciation
+€91,316
Stocks and contracts
-€5.1m
Receivables within one year
+€10.4m
Deferred charges and accrued income
+€918,741
Trade debts
-€14.5m
Tax, wage and social debts
-€176,977
Other debts
-€320,000
Accrued charges and deferred income
-€1.3m
Investment (derived)
+€682,169
Investment in fixed assets (net)
-€44,583
Current investments
+€726,752
Financing
+€8.8m
Debts after one year
-€54,502
Current portion of long-term debt
+€1.1m
Short-term financial debts
+€7.7m
Cash 2025
€683,919
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,630,810 | €45,256,299 | -€7.4m | -14.0% |
| Fixed assets | 21/28 | €737,597 | €690,863 | -€46,734 | -6.3% |
| Tangible fixed assets | 22/27 | €575,332 | €528,599 | -€46,734 | -8.1% |
| Plant, machinery and equipment | 23 | €57,026 | €63,481 | +€6,455 | +11.3% |
| Furniture and vehicles | 24 | €507,348 | €459,833 | -€47,516 | -9.4% |
| Leasing and similar rights | 25 | €10,958 | €5,285 | -€5,673 | -51.8% |
| Financial fixed assets | 28 | €162,265 | €162,265 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €162,240 | €162,240 | = | 0.0% |
| Participating interests | 282 | €111,045 | €111,045 | = | 0.0% |
| Amounts receivable | 283 | €51,195 | €51,195 | = | 0.0% |
| Other financial fixed assets | 284/8 | €25 | €25 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €51,893,213 | €44,565,436 | -€7.3m | -14.1% |
| Stocks and contracts in progress | 3 | €11,498,339 | €16,570,282 | +€5.1m | +44.1% |
| Stocks | 30/36 | €11,498,339 | €16,570,282 | +€5.1m | +44.1% |
| Goods purchased for resale | 34 | €11,498,339 | €16,570,282 | +€5.1m | +44.1% |
| Amounts receivable within one year | 40/41 | €34,611,807 | €24,226,549 | -€10.4m | -30.0% |
| Trade receivables | 40 | €33,491,902 | €24,011,443 | -€9.5m | -28.3% |
| Other amounts receivable | 41 | €1,119,904 | €215,106 | -€904,799 | -80.8% |
| Current investments | 50/53 | €3,318,116 | €2,591,363 | -€726,752 | -21.9% |
| Other investments | 51/53 | €3,318,116 | €2,591,363 | -€726,752 | -21.9% |
| Cash at bank and in hand | 54/58 | €1,052,889 | €683,919 | -€368,970 | -35.0% |
| Deferred charges and accrued income | 490/1 | €1,412,063 | €493,322 | -€918,741 | -65.1% |
| Total equity and liabilities | 10/49 | €52,630,810 | €45,256,299 | -€7.4m | -14.0% |
| Equity | 10/15 | €14,735,951 | €14,933,825 | +€197,875 | +1.3% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €57,508 | €57,508 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,494 | €19,494 | = | 0.0% |
| Distributable reserves | 133 | €13,014 | €13,014 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,428,443 | €14,626,317 | +€197,875 | +1.4% |
| Amounts payable | 17/49 | €37,894,859 | €30,322,474 | -€7.6m | -20.0% |
| Amounts payable after more than one year | 17 | €105,498 | €50,995 | -€54,502 | -51.7% |
| Financial debts | 170/4 | €105,498 | €50,995 | -€54,502 | -51.7% |
| Leasing and similar obligations | 172 | €5,907 | €458 | -€5,449 | -92.2% |
| Credit institutions | 173 | €99,591 | €50,537 | -€49,054 | -49.3% |
| Amounts payable within one year | 42/48 | €36,305,677 | €30,092,524 | -€6.2m | -17.1% |
| Current portion of amounts payable after more than one year | 42 | €70,582 | €1,177,002 | +€1.1m | +1,568% |
| Financial debts | 43 | €11,202,047 | €18,913,996 | +€7.7m | +68.8% |
| Credit institutions | 430/8 | €11,202,047 | €18,713,996 | +€7.5m | +67.1% |
| Other loans | 439 | - | €200,000 | +€200,000 | |
| Trade debts | 44 | €20,301,948 | €5,767,403 | -€14.5m | -71.6% |
| Suppliers | 440/4 | €20,301,948 | €5,767,403 | -€14.5m | -71.6% |
| Taxes, remuneration and social security | 45 | €474,107 | €297,130 | -€176,977 | -37.3% |
| Taxes | 450/3 | €353,394 | €176,733 | -€176,662 | -50.0% |
| Remuneration and social security | 454/9 | €120,713 | €120,397 | -€315 | -0.3% |
| Other amounts payable | 47/48 | €4,256,993 | €3,936,993 | -€320,000 | -7.5% |
| Accrued charges and deferred income | 492/3 | €1,483,684 | €178,954 | -€1.3m | -87.9% |
| Operating income | 70/76A | €102,372,304 | €126,914,600 | +€24.5m | +24.0% |
| Turnover | 70 | €102,259,818 | €126,725,829 | +€24.5m | +23.9% |
| Other operating income | 74 | €112,486 | €188,771 | +€76,285 | +67.8% |
| Operating charges | 60/66A | €99,673,472 | €124,174,994 | +€24.5m | +24.6% |
| Goods for resale, raw materials and consumables | 60 | €97,474,789 | €122,115,689 | +€24.6m | +25.3% |
| Purchases | 600/8 | €91,648,790 | €127,187,631 | +€35.5m | +38.8% |
| Change in stocks: decrease (increase) | 609 | €5,825,999 | -€5,071,943 | -€10.9m | |
| Services and other goods | 61 | €953,512 | €1,062,353 | +€108,841 | +11.4% |
| Remuneration, social security and pensions | 62 | €819,004 | €875,346 | +€56,342 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €167,255 | €91,316 | -€75,939 | -45.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €100,000 | - | -€100,000 | |
| Other operating charges | 640/8 | €158,911 | €30,290 | -€128,621 | -80.9% |
| Operating profit (loss) | 9901 | €2,698,833 | €2,739,606 | +€40,774 | +1.5% |
| Financial income | 75/76B | €73,411 | €889,133 | +€815,723 | +1,111% |
| Recurring financial income | 75 | €73,411 | €889,133 | +€815,723 | +1,111% |
| Income from current assets | 751 | €34,195 | €56,724 | +€22,529 | +65.9% |
| Other financial income | 752/9 | €39,216 | €832,410 | +€793,194 | +2,023% |
| Financial charges | 65/66B | €2,129,054 | €3,316,789 | +€1.2m | +55.8% |
| Recurring financial charges | 65 | €2,064,853 | €3,243,841 | +€1.2m | +57.1% |
| Debt charges | 650 | €1,955,338 | €1,229,059 | -€726,279 | -37.1% |
| Other financial charges | 652/9 | €109,515 | €2,014,782 | +€1.9m | +1,740% |
| Non-recurring financial charges | 66B | €64,202 | €72,948 | +€8,746 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | €643,189 | €311,951 | -€331,238 | -51.5% |
| Income taxes | 67/77 | €205,571 | €114,076 | -€91,495 | -44.5% |
| Taxes | 670/3 | €205,571 | €114,076 | -€91,495 | -44.5% |
| Profit (loss) for the period | 9904 | €437,618 | €197,875 | -€239,743 | -54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €437,618 | €197,875 | -€239,743 | -54.8% |
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 1 November 2026 via checked.be.