UNIT44: 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.
UNIT44
Largest movements
- Cash +€40,417
up €40,417 (+1018.8%), from €3,967 to €44,384
mainly Investment in fixed assets (net) (+€33,907) and Receivables within one year (+€6,396)
- Tangible fixed assets -€35,741
down €35,741 (-96.8%), from €36,935 to €1,194
- Receivables within one year -€6,396
down €6,396 (-98.2%), from €6,513 to €117
of which Trade receivables: -€5,838
- Other debts -€6,519
no longer reported in 2025 (was €6,519)
- Tax, wage and social debts +€3,240
new in 2025: €3,240
- Reserves +€1,671
up €1,671 (+4.8%), from €35,067 to €36,738
- Gross operating margin -€17,439
down €17,439 (-69.7%), from €25,011 to €7,572
- Depreciation -€9,327
down €9,327 (-83.6%), from €11,160 to €1,833
- Taxes -€2,095
down €2,095 (-52.7%), from €3,979 to €1,883
- Other operating charges -€550
down €550 (-26.1%), from €2,111 to €1,560
- Financial charges -€395
down €395 (-38.7%), from €1,020 to €625
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 | €47,415 | €45,695 | -€1,720 | -3.6% |
| Fixed assets | 21/28 | €36,935 | €1,194 | -€35,741 | -96.8% |
| Tangible fixed assets | 22/27 | €36,935 | €1,194 | -€35,741 | -96.8% |
| Furniture and vehicles | 24 | €36,935 | €1,194 | -€35,741 | -96.8% |
| Current assets | 29/58 | €10,480 | €44,500 | +€34,021 | +324.6% |
| Amounts receivable within one year | 40/41 | €6,513 | €117 | -€6,396 | -98.2% |
| Trade receivables | 40 | €5,838 | - | -€5,838 | |
| Other amounts receivable | 41 | €674 | €117 | -€558 | -82.7% |
| Cash at bank and in hand | 54/58 | €3,967 | €44,384 | +€40,417 | +1018.8% |
| Total equity and liabilities | 10/49 | €47,415 | €45,695 | -€1,720 | -3.6% |
| Equity | 10/15 | €40,067 | €41,738 | +€1,671 | +4.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €35,067 | €36,738 | +€1,671 | +4.8% |
| Distributable reserves | 133 | €35,067 | €36,738 | +€1,671 | +4.8% |
| Amounts payable | 17/49 | €7,348 | €3,956 | -€3,392 | -46.2% |
| Amounts payable within one year | 42/48 | €7,348 | €3,956 | -€3,392 | -46.2% |
| Trade debts | 44 | €829 | €717 | -€113 | -13.6% |
| Suppliers | 440/4 | €829 | €717 | -€113 | -13.6% |
| Taxes, remuneration and social security | 45 | - | €3,240 | +€3,240 | |
| Taxes | 450/3 | - | €3,240 | +€3,240 | |
| Other amounts payable | 47/48 | €6,519 | - | -€6,519 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,160 | €1,833 | -€9,327 | -83.6% |
| Other operating charges | 640/8 | €2,111 | €1,560 | -€550 | -26.1% |
| Gross operating margin | 9900 | €25,011 | €7,572 | -€17,439 | -69.7% |
| Operating profit (loss) | 9901 | €11,740 | €4,178 | -€7,562 | -64.4% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €1,020 | €625 | -€395 | -38.7% |
| Recurring financial charges | 65 | €1,020 | €625 | -€395 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €10,720 | €3,555 | -€7,165 | -66.8% |
| Income taxes | 67/77 | €3,979 | €1,883 | -€2,095 | -52.7% |
| Profit (loss) for the period | 9904 | €6,741 | €1,671 | -€5,070 | -75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,741 | €1,671 | -€5,070 | -75.2% |
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 12 October 2026 via checked.be.