Unit-M: 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.
Unit-M
Largest movements
- Tangible fixed assets +€11,350
up €11,350 (+30.7%), from €37,030 to €48,380
of which Land and buildings: +€10,216
- Receivables within one year +€6,974
up €6,974 (+69.0%), from €10,110 to €17,085
of which Trade receivables: +€6,974
- Cash -€5,764
down €5,764 (-17.9%), from €32,276 to €26,512
mainly Contributions, distributions and other (-€25,000) and Investment in fixed assets (net) (-€21,981)
- Stocks and contracts -€4,406
down €4,406 (-48.8%), from €9,021 to €4,616
- Other debts +€14,817
up €14,817 (+81.0%), from €18,287 to €33,103
- Trade debts -€9,251
down €9,251 (-18.9%), from €49,013 to €39,762
- Tax, wage and social debts +€1,701
up €1,701 (+60.9%), from €2,795 to €4,496
- Gross operating margin +€26,092
up €26,092 (+170.8%), from €15,272 to €41,364
- Depreciation +€2,088
up €2,088 (+24.4%), from €8,543 to €10,631
- Staff costs +€1,224
up €1,224 (+96.8%), from €1,266 to €2,490
- Financial charges -€417
down €417 (-45.2%), from €923 to €506
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.
Cash bridge derived
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 | €88,438 | €96,592 | +€8,154 | +9.2% |
| Fixed assets | 21/28 | €37,030 | €48,380 | +€11,350 | +30.7% |
| Tangible fixed assets | 22/27 | €37,030 | €48,380 | +€11,350 | +30.7% |
| Land and buildings | 22 | €0 | €10,216 | +€10,216 | |
| Plant, machinery and equipment | 23 | €36,432 | €34,689 | -€1,744 | -4.8% |
| Furniture and vehicles | 24 | €597 | €3,475 | +€2,878 | +481.7% |
| Current assets | 29/58 | €51,408 | €48,212 | -€3,196 | -6.2% |
| Stocks and contracts in progress | 3 | €9,021 | €4,616 | -€4,406 | -48.8% |
| Stocks | 30/36 | €9,021 | €4,616 | -€4,406 | -48.8% |
| Amounts receivable within one year | 40/41 | €10,110 | €17,085 | +€6,974 | +69.0% |
| Trade receivables | 40 | €10,110 | €17,085 | +€6,974 | +69.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €32,276 | €26,512 | -€5,764 | -17.9% |
| Total equity and liabilities | 10/49 | €88,438 | €96,592 | +€8,154 | +9.2% |
| Equity | 10/15 | €18,343 | €19,230 | +€887 | +4.8% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €9,343 | €10,230 | +€887 | +9.5% |
| Distributable reserves | 133 | €9,343 | €10,230 | +€887 | +9.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €70,094 | €77,362 | +€7,267 | +10.4% |
| Amounts payable within one year | 42/48 | €70,094 | €77,362 | +€7,267 | +10.4% |
| Trade debts | 44 | €49,013 | €39,762 | -€9,251 | -18.9% |
| Suppliers | 440/4 | €49,013 | €39,762 | -€9,251 | -18.9% |
| Taxes, remuneration and social security | 45 | €2,795 | €4,496 | +€1,701 | +60.9% |
| Taxes | 450/3 | €2,795 | €4,496 | +€1,701 | +60.9% |
| Other amounts payable | 47/48 | €18,287 | €33,103 | +€14,817 | +81.0% |
| Remuneration, social security and pensions | 62 | €1,266 | €2,490 | +€1,224 | +96.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,543 | €10,631 | +€2,088 | +24.4% |
| Other operating charges | 640/8 | €304 | €380 | +€77 | +25.2% |
| Gross operating margin | 9900 | €15,272 | €41,364 | +€26,092 | +170.8% |
| Operating profit (loss) | 9901 | €5,160 | €27,863 | +€22,703 | +440.0% |
| Financial income | 75/76B | €18 | €2 | -€16 | -89.8% |
| Recurring financial income | 75 | €18 | €2 | -€16 | -89.8% |
| Financial charges | 65/66B | €923 | €506 | -€417 | -45.2% |
| Recurring financial charges | 65 | €923 | €506 | -€417 | -45.2% |
| Profit (loss) for the period before taxes | 9903 | €4,255 | €27,359 | +€23,104 | +543.0% |
| Income taxes | 67/77 | €1,374 | €1,472 | +€98 | +7.1% |
| Profit (loss) for the period | 9904 | €2,881 | €25,887 | +€23,006 | +798.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,881 | €25,887 | +€23,006 | +798.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.