UNITED SWEETS: 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.
UNITED SWEETS
Largest movements
- Tangible fixed assets +€220,009
up €220,009 (+229.1%), from €96,034 to €316,043
of which Plant, machinery and equipment: +€243,578
- Cash -€48,710
down €48,710 (-13.0%), from €375,101 to €326,391
mainly Investment in fixed assets (net) (-€257,610) and Contributions, distributions and other (-€100,000)
- Receivables within one year -€46,089
down €46,089 (-22.0%), from €209,824 to €163,735
of which Trade receivables: -€51,482
- Stocks and contracts +€24,838
up €24,838 (+11.7%), from €212,212 to €237,050
- Debts after one year +€162,639
up €162,639 (+351.4%), from €46,288 to €208,927
- Other debts +€100,205
up €100,205 (+2685.6%), from €3,731 to €103,936
- Trade debts -€86,596
down €86,596 (-45.1%), from €191,799 to €105,203
- Profit (loss) carried forward -€61,470
down €61,470 (-29.6%), from €207,619 to €146,149
- Current portion of long-term debt +€31,386
up €31,386 (+156.5%), from €20,054 to €51,439
- Staff costs +€11,179
up €11,179 (+9.2%), from €121,022 to €132,200
- Gross operating margin +€10,370
up €10,370 (+4.7%), from €218,926 to €229,296
- Financial charges +€4,059
up €4,059 (+107.0%), from €3,793 to €7,852
- Write-downs -€3,996
new in 2025: -€3,996
- Depreciation +€3,383
up €3,383 (+9.9%), from €34,278 to €37,661
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 | €897,270 | €1,046,102 | +€148,832 | +16.6% |
| Fixed assets | 21/28 | €96,134 | €316,082 | +€219,949 | +228.8% |
| Intangible fixed assets | 21 | €99 | €39 | -€60 | -60.3% |
| Tangible fixed assets | 22/27 | €96,034 | €316,043 | +€220,009 | +229.1% |
| Plant, machinery and equipment | 23 | €25,315 | €268,893 | +€243,578 | +962.2% |
| Furniture and vehicles | 24 | €69,807 | €46,482 | -€23,325 | -33.4% |
| Other tangible fixed assets | 26 | €912 | €668 | -€244 | -26.7% |
| Current assets | 29/58 | €801,136 | €730,020 | -€71,117 | -8.9% |
| Stocks and contracts in progress | 3 | €212,212 | €237,050 | +€24,838 | +11.7% |
| Stocks | 30/36 | €212,212 | €237,050 | +€24,838 | +11.7% |
| Amounts receivable within one year | 40/41 | €209,824 | €163,735 | -€46,089 | -22.0% |
| Trade receivables | 40 | €192,232 | €140,749 | -€51,482 | -26.8% |
| Other amounts receivable | 41 | €17,592 | €22,986 | +€5,394 | +30.7% |
| Cash at bank and in hand | 54/58 | €375,101 | €326,391 | -€48,710 | -13.0% |
| Deferred charges and accrued income | 490/1 | €4,000 | €2,844 | -€1,156 | -28.9% |
| Total equity and liabilities | 10/49 | €897,270 | €1,046,102 | +€148,832 | +16.6% |
| Equity | 10/15 | €604,121 | €542,651 | -€61,470 | -10.2% |
| Contributions | 10/11 | €108,600 | €108,600 | = | 0.0% |
| Capital | 10 | €108,600 | €108,600 | = | 0.0% |
| Issued capital | 100 | €108,600 | €108,600 | = | 0.0% |
| Reserves | 13 | €287,902 | €287,902 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,360 | €23,360 | = | 0.0% |
| Legal reserve | 130 | €23,360 | €23,360 | = | 0.0% |
| Distributable reserves | 133 | €264,542 | €264,542 | = | 0.0% |
| Profit (loss) carried forward | 14 | €207,619 | €146,149 | -€61,470 | -29.6% |
| Amounts payable | 17/49 | €293,149 | €503,451 | +€210,302 | +71.7% |
| Amounts payable after more than one year | 17 | €46,288 | €208,927 | +€162,639 | +351.4% |
| Financial debts | 170/4 | €46,288 | €208,927 | +€162,639 | +351.4% |
| Amounts payable within one year | 42/48 | €246,407 | €293,920 | +€47,514 | +19.3% |
| Current portion of amounts payable after more than one year | 42 | €20,054 | €51,439 | +€31,386 | +156.5% |
| Trade debts | 44 | €191,799 | €105,203 | -€86,596 | -45.1% |
| Suppliers | 440/4 | €191,799 | €105,203 | -€86,596 | -45.1% |
| Taxes, remuneration and social security | 45 | €30,823 | €33,343 | +€2,520 | +8.2% |
| Taxes | 450/3 | €6,460 | €6,670 | +€210 | +3.3% |
| Remuneration and social security | 454/9 | €24,363 | €26,673 | +€2,309 | +9.5% |
| Other amounts payable | 47/48 | €3,731 | €103,936 | +€100,205 | +2685.6% |
| Accrued charges and deferred income | 492/3 | €454 | €604 | +€149 | +32.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €121,022 | €132,200 | +€11,179 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,278 | €37,661 | +€3,383 | +9.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€3,996 | -€3,996 | |
| Other operating charges | 640/8 | €1,210 | €3,915 | +€2,705 | +223.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €218,926 | €229,296 | +€10,370 | +4.7% |
| Operating profit (loss) | 9901 | €62,416 | €59,515 | -€2,901 | -4.6% |
| Financial income | 75/76B | €1,847 | €1,274 | -€573 | -31.0% |
| Recurring financial income | 75 | €1,847 | €1,274 | -€573 | -31.0% |
| Financial charges | 65/66B | €3,793 | €7,852 | +€4,059 | +107.0% |
| Recurring financial charges | 65 | €3,793 | €7,852 | +€4,059 | +107.0% |
| Profit (loss) for the period before taxes | 9903 | €60,471 | €52,937 | -€7,533 | -12.5% |
| Income taxes | 67/77 | €15,753 | €14,408 | -€1,346 | -8.5% |
| Profit (loss) for the period | 9904 | €44,717 | €38,530 | -€6,188 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,717 | €38,530 | -€6,188 | -13.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.