UNITED PARTNERS SERVICES: 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 PARTNERS SERVICES
Largest movements
- Cash +€15,926
up €15,926 (+32.7%), from €48,639 to €64,565
mainly Net result for the year (+€29,289) and Depreciation (+€740)
- Financial fixed assets +€7,500
up €7,500 (+37.5%), from €20,000 to €27,500
- Deferred charges and accrued income +€1,835
new in 2025: €1,835
- Tangible fixed assets +€1,309
up €1,309 (+169%), from €774 to €2,083
- Reserves +€29,289
up €29,289 (+554%), from €5,288 to €34,578
of which Distributable reserves: +€26,989
- Other debts -€2,052
down €2,052 (-82.2%), from €2,495 to €443
- Gross operating margin +€41,981
up €41,981, from -€10,213 to €31,768
- Taxes +€2,118
new in 2025: €2,118
- Other operating charges -€600
no longer reported in 2025 (was €600)
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 | €69,784 | €97,136 | +€27,352 | +39.2% |
| Fixed assets | 21/28 | €20,774 | €29,583 | +€8,809 | +42.4% |
| Tangible fixed assets | 22/27 | €774 | €2,083 | +€1,309 | +169% |
| Plant, machinery and equipment | 23 | €774 | €2,083 | +€1,309 | +169% |
| Financial fixed assets | 28 | €20,000 | €27,500 | +€7,500 | +37.5% |
| Current assets | 29/58 | €49,010 | €67,553 | +€18,543 | +37.8% |
| Amounts receivable within one year | 40/41 | €370 | €1,153 | +€782 | +211% |
| Other amounts receivable | 41 | €370 | €1,153 | +€782 | +211% |
| Cash at bank and in hand | 54/58 | €48,639 | €64,565 | +€15,926 | +32.7% |
| Deferred charges and accrued income | 490/1 | - | €1,835 | +€1,835 | |
| Total equity and liabilities | 10/49 | €69,784 | €97,136 | +€27,352 | +39.2% |
| Equity | 10/15 | €67,288 | €96,578 | +€29,289 | +43.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €5,288 | €34,578 | +€29,289 | +554% |
| Non-distributable reserves | 130/1 | €3,900 | €6,200 | +€2,300 | +59.0% |
| Legal reserve | 130 | €3,900 | €6,200 | +€2,300 | +59.0% |
| Distributable reserves | 133 | €1,388 | €28,378 | +€26,989 | +1,944% |
| Amounts payable | 17/49 | €2,495 | €558 | -€1,937 | -77.6% |
| Amounts payable within one year | 42/48 | €2,495 | €558 | -€1,937 | -77.6% |
| Trade debts | 44 | - | €115 | +€115 | |
| Suppliers | 440/4 | - | €115 | +€115 | |
| Other amounts payable | 47/48 | €2,495 | €443 | -€2,052 | -82.2% |
| Non-recurring operating income | 76A | €17 | €50,688 | +€50,671 | +295,974% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €864 | €740 | -€125 | -14.4% |
| Other operating charges | 640/8 | €600 | - | -€600 | |
| Gross operating margin | 9900 | -€10,213 | €31,768 | +€41,981 | |
| Operating profit (loss) | 9901 | -€11,676 | €31,029 | +€42,705 | |
| Financial income | 75/76B | €570 | €483 | -€88 | -15.3% |
| Recurring financial income | 75 | €570 | €483 | -€88 | -15.3% |
| Financial charges | 65/66B | €173 | €104 | -€69 | -39.7% |
| Recurring financial charges | 65 | €173 | €104 | -€69 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,279 | €31,407 | +€42,686 | |
| Income taxes | 67/77 | - | €2,118 | +€2,118 | |
| Profit (loss) for the period | 9904 | -€11,279 | €29,289 | +€40,569 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,279 | €29,289 | +€40,569 |
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 26 October 2026 via checked.be.