UNIVAN: 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.
What changed
UNIVAN
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€827,426
2024 · €1.0m-€219,163
Equity
€2.2m
2024 · €4.1m-€1.9m
Cash
€1.5m
2024 · €1.4m+€82,226
Balance sheet total
€7.4m
2024 · €7.0m+€372,698
Largest movements
Assets
- Current investments +€373,746
up €373,746 (+17.1%), from €2.2m to €2.6m
- Receivables within one year +€82,402
up €82,402 (+41.7%), from €197,599 to €280,001
of which Other amounts receivable: +€67,877
- Cash +€82,226
up €82,226 (+5.8%), from €1.4m to €1.5m
mainly Other debts (+€2.7m) and Net result for the year (+€827,426)
Equity and liabilities
- Other debts +€2.7m
up €2.7m (+555.3%), from €483,646 to €3.2m
- Reserves -€1.9m
down €1.9m (-47.4%), from €4.1m to €2.2m
of which Distributable reserves: -€1.9m
- Tax, wage and social debts -€165,959
down €165,959 (-52.4%), from €316,997 to €151,038
of which Taxes: -€86,891
- Debts after one year -€117,955
down €117,955 (-8.8%), from €1.3m to €1.2m
of which Trade debts: -€182,868
Income statement
- Gross operating margin -€294,643
down €294,643 (-10.4%), from €2.8m to €2.5m
- Staff costs +€116,850
up €116,850 (+9.7%), from €1.2m to €1.3m
- Financial income +€83,353
up €83,353 (+245.0%), from €34,020 to €117,373
- Taxes -€66,595
down €66,595 (-18.7%), from €356,505 to €289,910
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
€1.0m
Gross operating margin
-€294,643
Staff costs
-€116,850
Depreciation
+€11,402
Other operating charges
+€882
Financial income
+€83,353
Financial charges
-€2,011
Taxes
+€66,595
Deferred taxes and other
+€32,109
Result 2025
€827,426
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.
From operations
+€3.4m
Investment
-€456,926
Financing
-€2.9m
Cash 2024
€1.4m
From operations (derived)
+€3.4m
Net result for the year
+€827,426
Depreciation
+€168,380
Stocks and contracts
+€28,808
Receivables within one year
-€82,402
Deferred charges and accrued income
+€51,669
Provisions
-€9,373
Trade debts
-€54,628
Tax, wage and social debts
-€165,959
Advances received
-€21,895
Other debts
+€2.7m
Accrued charges and deferred income
+€935
Investment (derived)
-€456,926
Investment in fixed assets (net)
-€83,180
Current investments
-€373,746
Financing
-€2.9m
Debts after one year
-€117,955
Current portion of long-term debt
+€1,774
Short-term financial debts
-€4,400
Contributions, distributions and other
-€2.8m
Cash 2025
€1.5m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,993,687 | €7,366,385 | +€372,698 | +5.3% |
| Fixed assets | 21/28 | €2,247,805 | €2,162,606 | -€85,200 | -3.8% |
| Intangible fixed assets | 21 | €85,500 | €57,000 | -€28,500 | -33.3% |
| Tangible fixed assets | 22/27 | €2,156,675 | €2,105,606 | -€51,070 | -2.4% |
| Land and buildings | 22 | €1,755,986 | €1,698,717 | -€57,269 | -3.3% |
| Plant, machinery and equipment | 23 | €97,279 | €108,699 | +€11,419 | +11.7% |
| Furniture and vehicles | 24 | €22,300 | €26,903 | +€4,603 | +20.6% |
| Other tangible fixed assets | 26 | €281,110 | €271,288 | -€9,822 | -3.5% |
| Financial fixed assets | 28 | €5,630 | €0 | -€5,630 | -100.0% |
| Current assets | 29/58 | €4,745,882 | €5,203,779 | +€457,898 | +9.6% |
| Amounts receivable after more than one year | 29 | €28,000 | €28,000 | = | 0.0% |
| Other amounts receivable | 291 | €28,000 | €28,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €453,840 | €425,033 | -€28,808 | -6.3% |
| Stocks | 30/36 | €453,840 | €425,033 | -€28,808 | -6.3% |
| Amounts receivable within one year | 40/41 | €197,599 | €280,001 | +€82,402 | +41.7% |
| Trade receivables | 40 | €174,705 | €189,229 | +€14,525 | +8.3% |
| Other amounts receivable | 41 | €22,894 | €90,772 | +€67,877 | +296.5% |
| Current investments | 50/53 | €2,182,283 | €2,556,029 | +€373,746 | +17.1% |
| Cash at bank and in hand | 54/58 | €1,429,310 | €1,511,536 | +€82,226 | +5.8% |
| Deferred charges and accrued income | 490/1 | €454,849 | €403,180 | -€51,669 | -11.4% |
| Total equity and liabilities | 10/49 | €6,993,687 | €7,366,385 | +€372,698 | +5.3% |
| Equity | 10/15 | €4,112,974 | €2,171,655 | -€1.9m | -47.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,094,374 | €2,153,055 | -€1.9m | -47.4% |
| Tax-exempt reserves | 132 | €727,413 | €699,294 | -€28,119 | -3.9% |
| Distributable reserves | 133 | €3,366,961 | €1,453,761 | -€1.9m | -56.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €242,471 | €233,098 | -€9,373 | -3.9% |
| Deferred taxes | 168 | €242,471 | €233,098 | -€9,373 | -3.9% |
| Amounts payable | 17/49 | €2,638,242 | €4,961,632 | +€2.3m | +88.1% |
| Amounts payable after more than one year | 17 | €1,341,028 | €1,223,073 | -€117,955 | -8.8% |
| Financial debts | 170/4 | €1,158,161 | €1,037,217 | -€120,944 | -10.4% |
| Trade debts | 175 | €182,868 | €0 | -€182,868 | -100.0% |
| Other amounts payable | 178/9 | - | €185,857 | +€185,857 | |
| Amounts payable within one year | 42/48 | €1,296,422 | €3,736,832 | +€2.4m | +188.2% |
| Current portion of amounts payable after more than one year | 42 | €219,824 | €221,598 | +€1,774 | +0.8% |
| Financial debts | 43 | €4,400 | €0 | -€4,400 | -100.0% |
| Credit institutions | 430/8 | €4,400 | €0 | -€4,400 | -100.0% |
| Trade debts | 44 | €247,460 | €192,832 | -€54,628 | -22.1% |
| Suppliers | 440/4 | €247,460 | €192,832 | -€54,628 | -22.1% |
| Advances received on contracts in progress | 46 | €24,095 | €2,200 | -€21,895 | -90.9% |
| Taxes, remuneration and social security | 45 | €316,997 | €151,038 | -€165,959 | -52.4% |
| Taxes | 450/3 | €86,891 | €0 | -€86,891 | -100.0% |
| Remuneration and social security | 454/9 | €230,107 | €151,038 | -€79,068 | -34.4% |
| Other amounts payable | 47/48 | €483,646 | €3,169,164 | +€2.7m | +555.3% |
| Accrued charges and deferred income | 492/3 | €792 | €1,727 | +€935 | +118.1% |
| Remuneration, social security and pensions | 62 | €1,209,227 | €1,326,077 | +€116,850 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179,782 | €168,380 | -€11,402 | -6.3% |
| Other operating charges | 640/8 | €16,359 | €15,477 | -€882 | -5.4% |
| Gross operating margin | 9900 | €2,844,487 | €2,549,844 | -€294,643 | -10.4% |
| Operating profit (loss) | 9901 | €1,439,121 | €1,039,911 | -€399,210 | -27.7% |
| Financial income | 75/76B | €34,020 | €117,373 | +€83,353 | +245.0% |
| Recurring financial income | 75 | €34,020 | €117,373 | +€83,353 | +245.0% |
| Financial charges | 65/66B | €66,056 | €68,067 | +€2,011 | +3.0% |
| Recurring financial charges | 65 | €66,056 | €68,067 | +€2,011 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €1,407,085 | €1,089,217 | -€317,867 | -22.6% |
| Transfer from deferred taxes | 780 | - | €28,119 | +€28,119 | |
| Transfer to deferred taxes | 680 | €3,990 | €0 | -€3,990 | -100.0% |
| Income taxes | 67/77 | €356,505 | €289,910 | -€66,595 | -18.7% |
| Profit (loss) for the period | 9904 | €1,046,589 | €827,426 | -€219,163 | -20.9% |
| Transfer from tax-exempt reserves | 789 | - | €9,373 | +€9,373 | |
| Transfer to tax-exempt reserves | 689 | €11,970 | €0 | -€11,970 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,034,619 | €836,799 | -€197,820 | -19.1% |
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.