Unit 45 Belgium: 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.
Unit 45 Belgium
Largest movements
- Tangible fixed assets +€81,136
up €81,136 (+303%), from €26,775 to €107,911
of which Furniture and vehicles: +€82,191
- Cash +€9,213
up €9,213 (+77.8%), from €11,844 to €21,057
mainly Other debts (+€56,885) and Net result for the year (+€27,050)
- Other debts +€56,885
up €56,885 (+126%), from €45,114 to €101,999
- Profit (loss) carried forward +€27,050
up €27,050 (+67.9%), from -€39,856 to -€12,806
- Tax, wage and social debts +€5,353
up €5,353 (+35.9%), from €14,903 to €20,257
of which Taxes: +€4,986
- Financial income +€10,028
new in 2025: €10,028
of which Financial income: +€10,028
- Depreciation -€6,442
down €6,442 (-39.4%), from €16,358 to €9,916
- Taxes +€4,483
up €4,483 (+160%), from €2,804 to €7,287
- Staff costs +€4,109
up €4,109 (+3.1%), from €132,832 to €136,941
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 | €42,054 | €132,010 | +€89,956 | +214% |
| Fixed assets | 21/28 | €26,775 | €107,911 | +€81,136 | +303% |
| Tangible fixed assets | 22/27 | €26,775 | €107,911 | +€81,136 | +303% |
| Plant, machinery and equipment | 23 | €1,802 | €747 | -€1,055 | -58.5% |
| Furniture and vehicles | 24 | €24,972 | €107,164 | +€82,191 | +329% |
| Current assets | 29/58 | €15,279 | €24,099 | +€8,820 | +57.7% |
| Amounts receivable within one year | 40/41 | €3,434 | €3,042 | -€392 | -11.4% |
| Trade receivables | 40 | €2,850 | - | -€2,850 | |
| Other amounts receivable | 41 | €584 | €3,042 | +€2,458 | +421% |
| Cash at bank and in hand | 54/58 | €11,844 | €21,057 | +€9,213 | +77.8% |
| Total equity and liabilities | 10/49 | €42,054 | €132,010 | +€89,956 | +214% |
| Equity | 10/15 | -€19,514 | €7,536 | +€27,050 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €342 | €342 | = | 0.0% |
| Distributable reserves | 133 | €342 | €342 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,856 | -€12,806 | +€27,050 | +67.9% |
| Amounts payable | 17/49 | €61,568 | €124,474 | +€62,906 | +102% |
| Amounts payable within one year | 42/48 | €61,568 | €124,474 | +€62,906 | +102% |
| Trade debts | 44 | €1,551 | €2,219 | +€668 | +43.1% |
| Suppliers | 440/4 | €1,551 | €2,219 | +€668 | +43.1% |
| Taxes, remuneration and social security | 45 | €14,903 | €20,257 | +€5,353 | +35.9% |
| Taxes | 450/3 | €35 | €5,021 | +€4,986 | +14,209% |
| Remuneration and social security | 454/9 | €14,868 | €15,236 | +€367 | +2.5% |
| Other amounts payable | 47/48 | €45,114 | €101,999 | +€56,885 | +126% |
| Remuneration, social security and pensions | 62 | €132,832 | €136,941 | +€4,109 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,358 | €9,916 | -€6,442 | -39.4% |
| Other operating charges | 640/8 | €798 | €1,042 | +€245 | +30.7% |
| Gross operating margin | 9900 | €174,191 | €175,163 | +€972 | +0.6% |
| Operating profit (loss) | 9901 | €24,204 | €27,264 | +€3,060 | +12.6% |
| Financial income | 75/76B | - | €10,028 | +€10,028 | |
| Recurring financial income | 75 | - | €10,028 | +€10,028 | |
| Non-recurring financial income | 76B | - | €10,028 | +€10,028 | |
| Financial charges | 65/66B | €2,438 | €2,954 | +€516 | +21.2% |
| Recurring financial charges | 65 | €2,438 | €2,954 | +€516 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €21,766 | €34,337 | +€12,571 | +57.8% |
| Income taxes | 67/77 | €2,804 | €7,287 | +€4,483 | +160% |
| Profit (loss) for the period | 9904 | €18,962 | €27,050 | +€8,088 | +42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,962 | €27,050 | +€8,088 | +42.7% |
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 24 October 2026 via checked.be.