UNITED SOLUTIONS: 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 SOLUTIONS
Largest movements
- Cash -€40,110
down €40,110 (-25.7%), from €156,049 to €115,939
mainly Other debts (-€43,391) and Receivables within one year (-€32,374)
- Receivables within one year +€32,374
up €32,374 (+145%), from €22,283 to €54,657
of which Trade receivables: +€32,257
- Tangible fixed assets -€16,858
down €16,858 (-55.2%), from €30,531 to €13,673
of which Furniture and vehicles: -€15,979
- Deferred charges and accrued income +€5,000
new in 2025: €5,000
- Receivables after one year -€4,980
down €4,980 (-6.5%), from €76,450 to €71,470
- Other debts -€43,391
down €43,391 (-61.4%), from €70,693 to €27,302
- Reserves +€10,840
up €10,840 (+5.5%), from €195,539 to €206,378
- Tax, wage and social debts +€6,209
up €6,209 (+37.5%), from €16,567 to €22,776
of which Remuneration and social security: +€3,828
- Gross operating margin +€8,473
up €8,473 (+17.0%), from €49,699 to €58,172
- Staff costs +€3,543
up €3,543 (+14.1%), from €25,217 to €28,760
- Taxes +€1,031
up €1,031 (+61.8%), from €1,667 to €2,698
- Depreciation +€646
up €646 (+4.0%), from €16,212 to €16,858
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 | €305,910 | €281,336 | -€24,574 | -8.0% |
| Fixed assets | 21/28 | €30,605 | €13,748 | -€16,858 | -55.1% |
| Tangible fixed assets | 22/27 | €30,531 | €13,673 | -€16,858 | -55.2% |
| Plant, machinery and equipment | 23 | €5,493 | €4,614 | -€879 | -16.0% |
| Furniture and vehicles | 24 | €25,038 | €9,060 | -€15,979 | -63.8% |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €275,304 | €267,588 | -€7,716 | -2.8% |
| Amounts receivable after more than one year | 29 | €76,450 | €71,470 | -€4,980 | -6.5% |
| Other amounts receivable | 291 | €76,450 | €71,470 | -€4,980 | -6.5% |
| Amounts receivable within one year | 40/41 | €22,283 | €54,657 | +€32,374 | +145% |
| Trade receivables | 40 | €22,283 | €54,540 | +€32,257 | +145% |
| Other amounts receivable | 41 | - | €117 | +€117 | |
| Current investments | 50/53 | €20,522 | €20,522 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €156,049 | €115,939 | -€40,110 | -25.7% |
| Deferred charges and accrued income | 490/1 | - | €5,000 | +€5,000 | |
| Total equity and liabilities | 10/49 | €305,910 | €281,336 | -€24,574 | -8.0% |
| Equity | 10/15 | €214,131 | €224,970 | +€10,840 | +5.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €195,539 | €206,378 | +€10,840 | +5.5% |
| Distributable reserves | 133 | €195,539 | €206,378 | +€10,840 | +5.5% |
| Amounts payable | 17/49 | €91,779 | €56,366 | -€35,413 | -38.6% |
| Amounts payable within one year | 42/48 | €91,779 | €56,366 | -€35,413 | -38.6% |
| Trade debts | 44 | €4,520 | €6,288 | +€1,768 | +39.1% |
| Suppliers | 440/4 | €4,520 | €6,288 | +€1,768 | +39.1% |
| Taxes, remuneration and social security | 45 | €16,567 | €22,776 | +€6,209 | +37.5% |
| Taxes | 450/3 | €1,853 | €4,233 | +€2,381 | +129% |
| Remuneration and social security | 454/9 | €14,714 | €18,543 | +€3,828 | +26.0% |
| Other amounts payable | 47/48 | €70,693 | €27,302 | -€43,391 | -61.4% |
| Remuneration, social security and pensions | 62 | €25,217 | €28,760 | +€3,543 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,212 | €16,858 | +€646 | +4.0% |
| Other operating charges | 640/8 | €465 | €663 | +€198 | +42.7% |
| Gross operating margin | 9900 | €49,699 | €58,172 | +€8,473 | +17.0% |
| Operating profit (loss) | 9901 | €7,806 | €11,892 | +€4,086 | +52.3% |
| Financial income | 75/76B | €1,533 | €1,720 | +€187 | +12.2% |
| Recurring financial income | 75 | €1,533 | €1,720 | +€187 | +12.2% |
| Financial charges | 65/66B | €148 | €75 | -€74 | -49.6% |
| Recurring financial charges | 65 | €148 | €75 | -€74 | -49.6% |
| Profit (loss) for the period before taxes | 9903 | €9,190 | €13,537 | +€4,347 | +47.3% |
| Income taxes | 67/77 | €1,667 | €2,698 | +€1,031 | +61.8% |
| Profit (loss) for the period | 9904 | €7,524 | €10,840 | +€3,316 | +44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,524 | €10,840 | +€3,316 | +44.1% |
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 18 October 2026 via checked.be.