United Broadcast Facilities: 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.
United Broadcast Facilities
Largest movements
- Cash -€226,036
down €226,036 (-69.0%), from €327,777 to €101,741
mainly Contributions, distributions and other (-€1.8m) and Investment in fixed assets (net) (-€307,398)
- Tangible fixed assets +€90,838
up €90,838 (+3.3%), from €2.7m to €2.8m
of which Land and buildings: +€122,533
- Other debts +€1.8m
up €1.8m, from €0 to €1.8m
- Profit (loss) carried forward -€1.3m
down €1.3m (-100.0%), from €1.3m to €20
- Reserves -€449,250
down €449,250 (-57.0%), from €787,500 to €338,250
of which Distributable reserves: -€449,250
- Trade debts -€116,164
down €116,164 (-53.2%), from €218,378 to €102,215
- Short-term financial debts -€80,000
down €80,000 (-2.5%), from €3.2m to €3.1m
- Gross operating margin +€83,699
up €83,699 (+31.1%), from €268,832 to €352,531
- Financial charges -€53,214
down €53,214 (-31.4%), from €169,426 to €116,212
- Financial income -€35,629
down €35,629 (-29.6%), from €120,411 to €84,782
- Depreciation -€9,312
down €9,312 (-4.1%), from €225,872 to €216,560
- Other operating charges +€3,967
up €3,967 (+6.4%), from €61,631 to €65,598
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 | €5,572,748 | €5,454,764 | -€117,984 | -2.1% |
| Fixed assets | 21/28 | €2,741,088 | €2,831,926 | +€90,838 | +3.3% |
| Tangible fixed assets | 22/27 | €2,741,088 | €2,831,926 | +€90,838 | +3.3% |
| Land and buildings | 22 | €2,639,768 | €2,762,301 | +€122,533 | +4.6% |
| Plant, machinery and equipment | 23 | €101,320 | €69,625 | -€31,695 | -31.3% |
| Current assets | 29/58 | €2,831,660 | €2,622,838 | -€208,822 | -7.4% |
| Amounts receivable after more than one year | 29 | €1,786,500 | €1,786,500 | = | 0.0% |
| Trade receivables | 290 | €1,786,500 | €1,786,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €708,164 | €703,603 | -€4,561 | -0.6% |
| Trade receivables | 40 | €108,296 | €95,862 | -€12,434 | -11.5% |
| Other amounts receivable | 41 | €599,868 | €607,741 | +€7,873 | +1.3% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €327,777 | €101,741 | -€226,036 | -69.0% |
| Deferred charges and accrued income | 490/1 | €9,218 | €30,994 | +€21,776 | +236% |
| Total equity and liabilities | 10/49 | €5,572,748 | €5,454,764 | -€117,984 | -2.1% |
| Equity | 10/15 | €2,147,328 | €399,770 | -€1.7m | -81.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €787,500 | €338,250 | -€449,250 | -57.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €781,350 | €332,100 | -€449,250 | -57.5% |
| Profit (loss) carried forward | 14 | €1,298,328 | €20 | -€1.3m | -100.0% |
| Amounts payable | 17/49 | €3,425,420 | €5,054,994 | +€1.6m | +47.6% |
| Amounts payable after more than one year | 17 | €1,050 | €1,050 | = | 0.0% |
| Other amounts payable | 178/9 | €1,050 | €1,050 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,413,378 | €5,053,944 | +€1.6m | +48.1% |
| Financial debts | 43 | €3,195,000 | €3,115,000 | -€80,000 | -2.5% |
| Credit institutions | 430/8 | €3,195,000 | €3,115,000 | -€80,000 | -2.5% |
| Trade debts | 44 | €218,378 | €102,215 | -€116,164 | -53.2% |
| Suppliers | 440/4 | €218,378 | €102,215 | -€116,164 | -53.2% |
| Other amounts payable | 47/48 | €0 | €1,836,729 | +€1.8m | |
| Accrued charges and deferred income | 492/3 | €10,992 | €0 | -€10,992 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €225,872 | €216,560 | -€9,312 | -4.1% |
| Other operating charges | 640/8 | €61,631 | €65,598 | +€3,967 | +6.4% |
| Gross operating margin | 9900 | €268,832 | €352,531 | +€83,699 | +31.1% |
| Operating profit (loss) | 9901 | -€18,672 | €70,373 | +€89,045 | |
| Financial income | 75/76B | €120,411 | €84,782 | -€35,629 | -29.6% |
| Recurring financial income | 75 | €120,411 | €84,782 | -€35,629 | -29.6% |
| Financial charges | 65/66B | €169,426 | €116,212 | -€53,214 | -31.4% |
| Recurring financial charges | 65 | €169,426 | €116,212 | -€53,214 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | -€67,688 | €38,942 | +€106,630 | |
| Profit (loss) for the period | 9904 | -€67,688 | €38,942 | +€106,630 | |
| Transfer from tax-exempt reserves | 789 | €84,200 | €0 | -€84,200 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €16,512 | €38,942 | +€22,430 | +136% |
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 25 October 2026 via checked.be.