UNITER: 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.
What changed
UNITER
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€192,180
2024 · -€135,978-€56,202
Equity
€7.7m
2024 · €7.9m-€192,179
Cash
€1.8m
2024 · €1.7m+€59,243
Balance sheet total
€28.5m
2024 · €29.6m-€1.1m
Largest movements
Assets
- Tangible fixed assets -€1.1m
down €1.1m (-4.0%), from €26.8m to €25.8m
Equity and liabilities
- Debts after one year -€800,000
down €800,000 (-4.7%), from €17.2m to €16.4m
Income statement
- Turnover +€1.4m
up €1.4m (+456%), from €310,641 to €1.7m
- Depreciation +€910,421
up €910,421 (+446%), from €204,079 to €1.1m
- Financial charges +€573,512
up €573,512 (+395%), from €145,301 to €718,813
- Financial income -€141,287
down €141,287 (-90.8%), from €155,679 to €14,392
- Services and other goods -€64,410
down €64,410 (-24.2%), from €265,993 to €201,583
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.
Result 2024
-€135,978
Turnover
+€1.4m
Services and other goods
+€64,410
Depreciation
-€910,421
Other operating charges
-€266
Financial income
-€141,287
Financial charges
-€573,512
Taxes
+€24,387
Deferred taxes and other
+€63,795
Result 2025
-€192,180
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€913,790
Investment
-€54,548
Financing
-€799,999
Cash 2024
€1.7m
From operations (derived)
+€913,790
Net result for the year
-€192,180
Depreciation
+€1.1m
Receivables within one year
+€101,419
Deferred charges and accrued income
-€11,442
Provisions
-€78,138
Trade debts
-€97,512
Accrued charges and deferred income
+€77,143
Investment (derived)
-€54,548
Investment in fixed assets (net)
-€54,548
Financing
-€799,999
Debts after one year
-€800,000
Contributions, distributions and other
+€1
Cash 2025
€1.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,600,391 | €28,509,705 | -€1.1m | -3.7% |
| Fixed assets | 21/28 | €26,820,373 | €25,760,421 | -€1.1m | -4.0% |
| Tangible fixed assets | 22/27 | €26,820,373 | €25,760,421 | -€1.1m | -4.0% |
| Land and buildings | 22 | €26,820,373 | €25,760,421 | -€1.1m | -4.0% |
| Current assets | 29/58 | €2,780,018 | €2,749,284 | -€30,734 | -1.1% |
| Amounts receivable within one year | 40/41 | €1,071,475 | €970,056 | -€101,419 | -9.5% |
| Trade receivables | 40 | €2,330 | €2,330 | = | 0.0% |
| Other amounts receivable | 41 | €1,069,145 | €967,726 | -€101,419 | -9.5% |
| Cash at bank and in hand | 54/58 | €1,708,543 | €1,767,786 | +€59,243 | +3.5% |
| Deferred charges and accrued income | 490/1 | - | €11,442 | +€11,442 | |
| Total equity and liabilities | 10/49 | €29,600,391 | €28,509,705 | -€1.1m | -3.7% |
| Equity | 10/15 | €7,900,961 | €7,708,782 | -€192,179 | -2.4% |
| Contributions | 10/11 | €4,000,000 | €4,000,000 | = | 0.0% |
| Capital | 10 | €4,000,000 | €4,000,000 | = | 0.0% |
| Issued capital | 100 | €4,000,000 | €4,000,000 | = | 0.0% |
| Reserves | 13 | €4,882,261 | €4,647,847 | -€234,414 | -4.8% |
| Non-distributable reserves | 130/1 | €237,000 | €237,000 | = | 0.0% |
| Legal reserve | 130 | €237,000 | €237,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,645,261 | €4,410,847 | -€234,414 | -5.0% |
| Profit (loss) carried forward | 14 | -€981,300 | -€939,065 | +€42,235 | +4.3% |
| Provisions and deferred taxes | 16 | €1,548,420 | €1,470,282 | -€78,138 | -5.0% |
| Deferred taxes | 168 | €1,548,420 | €1,470,282 | -€78,138 | -5.0% |
| Amounts payable | 17/49 | €20,151,010 | €19,330,641 | -€820,369 | -4.1% |
| Amounts payable after more than one year | 17 | €17,200,000 | €16,400,000 | -€800,000 | -4.7% |
| Financial debts | 170/4 | €17,200,000 | €16,400,000 | -€800,000 | -4.7% |
| Credit institutions | 173 | €17,200,000 | €16,400,000 | -€800,000 | -4.7% |
| Amounts payable within one year | 42/48 | €1,146,481 | €1,048,969 | -€97,512 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €800,000 | €800,000 | = | 0.0% |
| Trade debts | 44 | €346,481 | €248,969 | -€97,512 | -28.1% |
| Suppliers | 440/4 | €346,481 | €248,969 | -€97,512 | -28.1% |
| Accrued charges and deferred income | 492/3 | €1,804,529 | €1,881,672 | +€77,143 | +4.3% |
| Operating income | 70/76A | €310,641 | €1,727,333 | +€1.4m | +456% |
| Turnover | 70 | €310,641 | €1,727,333 | +€1.4m | +456% |
| Operating charges | 60/66A | €471,340 | €1,317,617 | +€846,277 | +180% |
| Services and other goods | 61 | €265,993 | €201,583 | -€64,410 | -24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €204,079 | €1,114,500 | +€910,421 | +446% |
| Other operating charges | 640/8 | €1,268 | €1,534 | +€266 | +21.0% |
| Operating profit (loss) | 9901 | -€160,699 | €409,716 | +€570,415 | |
| Financial income | 75/76B | €155,679 | €14,392 | -€141,287 | -90.8% |
| Recurring financial income | 75 | €155,679 | €14,392 | -€141,287 | -90.8% |
| Income from current assets | 751 | €155,679 | €14,392 | -€141,287 | -90.8% |
| Financial charges | 65/66B | €145,301 | €718,813 | +€573,512 | +395% |
| Recurring financial charges | 65 | €145,301 | €718,813 | +€573,512 | +395% |
| Debt charges | 650 | €144,726 | €717,555 | +€572,829 | +396% |
| Other financial charges | 652/9 | €575 | €1,258 | +€683 | +119% |
| Profit (loss) for the period before taxes | 9903 | -€150,321 | -€294,705 | -€144,384 | -96.1% |
| Transfer from deferred taxes | 780 | €14,343 | €78,138 | +€63,795 | +445% |
| Income taxes | 67/77 | - | -€24,387 | -€24,387 | |
| Taxes | 670/3 | - | €859 | +€859 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €25,246 | +€25,246 | |
| Profit (loss) for the period | 9904 | -€135,978 | -€192,180 | -€56,202 | -41.3% |
| Transfer from tax-exempt reserves | 789 | €43,030 | €234,415 | +€191,385 | +445% |
| Profit (loss) for the period to be appropriated | 9905 | -€92,948 | €42,235 | +€135,183 |
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 14 October 2026 via checked.be.