UNITAP: 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.
UNITAP
Largest movements
- Tangible fixed assets -€141,536
down €141,536 (-26.9%), from €525,238 to €383,702
of which Land and buildings: -€216,890
- Receivables within one year -€60,021
down €60,021 (-8.4%), from €711,790 to €651,769
of which Other amounts receivable: -€56,004
- Stocks and contracts -€50,019
down €50,019 (-13.2%), from €377,776 to €327,756
- Cash +€20,394
up €20,394 (+235.9%), from €8,646 to €29,040
mainly Depreciation (+€143,037) and Receivables within one year (+€60,021)
- Debts after one year -€153,700
down €153,700 (-20.6%), from €744,908 to €591,209
- Profit (loss) carried forward -€44,822
down €44,822 (-13.9%), from -€323,538 to -€368,360
- Trade debts -€32,995
down €32,995 (-8.3%), from €397,025 to €364,030
- Gross operating margin -€49,578
down €49,578 (-8.1%), from €611,708 to €562,130
- Staff costs +€37,976
up €37,976 (+8.7%), from €434,533 to €472,510
- Financial income -€9,607
down €9,607 (-31.5%), from €30,473 to €20,866
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 | €1,627,116 | €1,405,239 | -€221,877 | -13.6% |
| Fixed assets | 21/28 | €525,238 | €395,211 | -€130,027 | -24.8% |
| Intangible fixed assets | 21 | - | €11,509 | +€11,509 | |
| Tangible fixed assets | 22/27 | €525,238 | €383,702 | -€141,536 | -26.9% |
| Land and buildings | 22 | €216,890 | €0 | -€216,890 | -100.0% |
| Plant, machinery and equipment | 23 | €280,815 | €196,516 | -€84,299 | -30.0% |
| Furniture and vehicles | 24 | €27,534 | €448 | -€27,086 | -98.4% |
| Other tangible fixed assets | 26 | - | €186,738 | +€186,738 | |
| Current assets | 29/58 | €1,101,878 | €1,010,028 | -€91,850 | -8.3% |
| Stocks and contracts in progress | 3 | €377,776 | €327,756 | -€50,019 | -13.2% |
| Stocks | 30/36 | €377,776 | €327,756 | -€50,019 | -13.2% |
| Amounts receivable within one year | 40/41 | €711,790 | €651,769 | -€60,021 | -8.4% |
| Trade receivables | 40 | €81,852 | €77,836 | -€4,017 | -4.9% |
| Other amounts receivable | 41 | €629,938 | €573,933 | -€56,004 | -8.9% |
| Cash at bank and in hand | 54/58 | €8,646 | €29,040 | +€20,394 | +235.9% |
| Deferred charges and accrued income | 490/1 | €3,666 | €1,463 | -€2,203 | -60.1% |
| Total equity and liabilities | 10/49 | €1,627,116 | €1,405,239 | -€221,877 | -13.6% |
| Equity | 10/15 | €202,013 | €153,560 | -€48,453 | -24.0% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €454,138 | €454,138 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €107 | €107 | = | 0.0% |
| Distributable reserves | 133 | €447,531 | €447,531 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€323,538 | -€368,360 | -€44,822 | -13.9% |
| Investment grants | 15 | €6,412 | €2,782 | -€3,630 | -56.6% |
| Amounts payable | 17/49 | €1,425,103 | €1,251,679 | -€173,424 | -12.2% |
| Amounts payable after more than one year | 17 | €744,908 | €591,209 | -€153,700 | -20.6% |
| Financial debts | 170/4 | €744,908 | €591,209 | -€153,700 | -20.6% |
| Amounts payable within one year | 42/48 | €672,123 | €659,999 | -€12,124 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €153,700 | €161,408 | +€7,708 | +5.0% |
| Trade debts | 44 | €397,025 | €364,030 | -€32,995 | -8.3% |
| Suppliers | 440/4 | €397,025 | €364,030 | -€32,995 | -8.3% |
| Taxes, remuneration and social security | 45 | €115,548 | €128,711 | +€13,163 | +11.4% |
| Taxes | 450/3 | €3,194 | €9,387 | +€6,193 | +193.9% |
| Remuneration and social security | 454/9 | €112,354 | €119,323 | +€6,970 | +6.2% |
| Other amounts payable | 47/48 | €5,850 | €5,850 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €8,072 | €471 | -€7,600 | -94.2% |
| Non-recurring operating income | 76A | €20,889 | €0 | -€20,889 | -100.0% |
| Remuneration, social security and pensions | 62 | €434,533 | €472,510 | +€37,976 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,545 | €143,037 | -€508 | -0.4% |
| Other operating charges | 640/8 | €905 | €3,487 | +€2,582 | +285.3% |
| Gross operating margin | 9900 | €611,708 | €562,130 | -€49,578 | -8.1% |
| Operating profit (loss) | 9901 | €32,725 | -€56,904 | -€89,629 | |
| Financial income | 75/76B | €30,473 | €20,866 | -€9,607 | -31.5% |
| Recurring financial income | 75 | €30,473 | €20,866 | -€9,607 | -31.5% |
| Financial charges | 65/66B | €8,912 | €8,622 | -€290 | -3.2% |
| Recurring financial charges | 65 | €8,912 | €8,622 | -€290 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €54,286 | -€44,661 | -€98,946 | |
| Income taxes | 67/77 | €167 | €162 | -€6 | -3.3% |
| Profit (loss) for the period | 9904 | €54,118 | -€44,822 | -€98,941 | |
| Profit (loss) for the period to be appropriated | 9905 | €54,118 | -€44,822 | -€98,941 |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.