UNIVERS PRINT: 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.
UNIVERS PRINT
Largest movements
- Current investments +€60,000
new in 2025: €60,000
- Cash -€37,304
down €37,304 (-27.8%), from €133,951 to €96,647
mainly Current investments (-€60,000) and Trade debts (-€28,888)
- Receivables within one year +€12,534
up €12,534 (+29.3%), from €42,817 to €55,351
of which Trade receivables: +€8,531
- Profit (loss) carried forward +€73,846
up €73,846 (+73.7%), from €100,212 to €174,058
- Trade debts -€28,888
down €28,888 (-63.5%), from €45,527 to €16,639
- Other debts -€16,961
down €16,961 (-38.8%), from €43,736 to €26,775
- Debts after one year +€15,171
up €15,171 (+123%), from €12,326 to €27,497
- Current portion of long-term debt -€7,452
down €7,452 (-49.1%), from €15,185 to €7,733
- Gross operating margin +€46,711
up €46,711 (+24.0%), from €194,558 to €241,269
- Staff costs +€24,093
up €24,093 (+25.7%), from €93,733 to €117,826
- Depreciation +€4,011
up €4,011 (+16.1%), from €24,948 to €28,959
- Taxes +€3,371
up €3,371 (+23.2%), from €14,532 to €17,903
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 | €267,470 | €299,346 | +€31,876 | +11.9% |
| Fixed assets | 21/28 | €88,697 | €86,160 | -€2,537 | -2.9% |
| Tangible fixed assets | 22/27 | €88,697 | €86,160 | -€2,537 | -2.9% |
| Land and buildings | 22 | €37,373 | €25,621 | -€11,752 | -31.4% |
| Plant, machinery and equipment | 23 | €46,650 | €47,390 | +€740 | +1.6% |
| Furniture and vehicles | 24 | €4,674 | €13,149 | +€8,475 | +181% |
| Current assets | 29/58 | €178,773 | €213,186 | +€34,413 | +19.2% |
| Amounts receivable within one year | 40/41 | €42,817 | €55,351 | +€12,534 | +29.3% |
| Trade receivables | 40 | €42,207 | €50,738 | +€8,531 | +20.2% |
| Other amounts receivable | 41 | €610 | €4,613 | +€4,003 | +656% |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €133,951 | €96,647 | -€37,304 | -27.8% |
| Deferred charges and accrued income | 490/1 | €2,005 | €1,188 | -€817 | -40.7% |
| Total equity and liabilities | 10/49 | €267,470 | €299,346 | +€31,876 | +11.9% |
| Equity | 10/15 | €114,443 | €185,212 | +€70,769 | +61.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,212 | €174,058 | +€73,846 | +73.7% |
| Investment grants | 15 | €9,231 | €6,154 | -€3,077 | -33.3% |
| Amounts payable | 17/49 | €153,027 | €114,134 | -€38,893 | -25.4% |
| Amounts payable after more than one year | 17 | €12,326 | €27,497 | +€15,171 | +123% |
| Financial debts | 170/4 | €12,326 | €27,497 | +€15,171 | +123% |
| Amounts payable within one year | 42/48 | €140,701 | €86,637 | -€54,064 | -38.4% |
| Current portion of amounts payable after more than one year | 42 | €15,185 | €7,733 | -€7,452 | -49.1% |
| Trade debts | 44 | €45,527 | €16,639 | -€28,888 | -63.5% |
| Suppliers | 440/4 | €45,527 | €16,639 | -€28,888 | -63.5% |
| Taxes, remuneration and social security | 45 | €36,253 | €35,490 | -€763 | -2.1% |
| Taxes | 450/3 | €27,153 | €26,672 | -€481 | -1.8% |
| Remuneration and social security | 454/9 | €9,100 | €8,818 | -€282 | -3.1% |
| Other amounts payable | 47/48 | €43,736 | €26,775 | -€16,961 | -38.8% |
| Remuneration, social security and pensions | 62 | €93,733 | €117,826 | +€24,093 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,948 | €28,959 | +€4,011 | +16.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,793 | - | -€1,793 | |
| Other operating charges | 640/8 | €6,422 | €4,529 | -€1,893 | -29.5% |
| Gross operating margin | 9900 | €194,558 | €241,269 | +€46,711 | +24.0% |
| Operating profit (loss) | 9901 | €67,662 | €89,955 | +€22,293 | +32.9% |
| Financial income | 75/76B | €6,180 | €4,871 | -€1,309 | -21.2% |
| Recurring financial income | 75 | €6,180 | €4,871 | -€1,309 | -21.2% |
| Financial charges | 65/66B | €1,724 | €3,077 | +€1,353 | +78.5% |
| Recurring financial charges | 65 | €1,724 | €3,077 | +€1,353 | +78.5% |
| Profit (loss) for the period before taxes | 9903 | €72,118 | €91,749 | +€19,631 | +27.2% |
| Income taxes | 67/77 | €14,532 | €17,903 | +€3,371 | +23.2% |
| Profit (loss) for the period | 9904 | €57,586 | €73,846 | +€16,260 | +28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €57,586 | €73,846 | +€16,260 | +28.2% |
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 23 October 2026 via checked.be.