Universal Skin Technology: 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.
Universal Skin Technology
Largest movements
- Receivables within one year +€27,577
up €27,577 (+112%), from €24,716 to €52,293
of which Trade receivables: +€23,391
- Tangible fixed assets +€27,444
up €27,444 (+14.1%), from €194,078 to €221,522
of which Furniture and vehicles: +€24,701
- Cash -€20,656
down €20,656 (-26.2%), from €78,860 to €58,204
mainly Investment in fixed assets (net) (-€80,066) and Other debts (-€64,373)
- Trade debts +€65,424
up €65,424 (+204%), from €32,064 to €97,489
- Other debts -€64,373
down €64,373 (-85.3%), from €75,457 to €11,085
- Debts after one year +€26,748
up €26,748 (+123%), from €21,723 to €48,472
- Current portion of long-term debt +€21,102
up €21,102 (+139%), from €15,188 to €36,290
- Tax, wage and social debts -€14,709
down €14,709 (-43.2%), from €34,055 to €19,347
- Depreciation +€25,347
up €25,347 (+92.9%), from €27,275 to €52,622
- Staff costs +€18,970
new in 2022: €18,970
- Taxes -€15,937
down €15,937 (-99.7%), from €15,980 to €43
- Gross operating margin -€11,207
down €11,207 (-13.1%), from €85,308 to €74,101
- Other operating charges -€1,578
down €1,578 (-54.5%), from €2,893 to €1,315
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €299,849 | €334,214 | +€34,365 | +11.5% |
| Fixed assets | 21/28 | €196,273 | €223,717 | +€27,444 | +14.0% |
| Tangible fixed assets | 22/27 | €194,078 | €221,522 | +€27,444 | +14.1% |
| Land and buildings | 22 | €22,995 | €20,440 | -€2,555 | -11.1% |
| Plant, machinery and equipment | 23 | €124,109 | €129,407 | +€5,298 | +4.3% |
| Furniture and vehicles | 24 | €46,974 | €71,675 | +€24,701 | +52.6% |
| Financial fixed assets | 28 | €2,195 | €2,195 | = | 0.0% |
| Current assets | 29/58 | €103,576 | €110,497 | +€6,921 | +6.7% |
| Amounts receivable within one year | 40/41 | €24,716 | €52,293 | +€27,577 | +112% |
| Trade receivables | 40 | €24,530 | €47,921 | +€23,391 | +95.4% |
| Other amounts receivable | 41 | €186 | €4,372 | +€4,187 | +2,251% |
| Cash at bank and in hand | 54/58 | €78,860 | €58,204 | -€20,656 | -26.2% |
| Total equity and liabilities | 10/49 | €299,849 | €334,214 | +€34,365 | +11.5% |
| Equity | 10/15 | €121,361 | €121,532 | +€171 | +0.1% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Capital | 10 | €6,500 | €6,500 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,100 | €12,100 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,001 | €113,172 | +€171 | +0.2% |
| Amounts payable | 17/49 | €178,488 | €212,682 | +€34,194 | +19.2% |
| Amounts payable after more than one year | 17 | €21,723 | €48,472 | +€26,748 | +123% |
| Financial debts | 170/4 | €21,723 | €48,472 | +€26,748 | +123% |
| Amounts payable within one year | 42/48 | €156,765 | €164,210 | +€7,446 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €15,188 | €36,290 | +€21,102 | +139% |
| Trade debts | 44 | €32,064 | €97,489 | +€65,424 | +204% |
| Suppliers | 440/4 | €32,064 | €97,489 | +€65,424 | +204% |
| Taxes, remuneration and social security | 45 | €34,055 | €19,347 | -€14,709 | -43.2% |
| Taxes | 450/3 | €34,055 | €19,347 | -€14,709 | -43.2% |
| Other amounts payable | 47/48 | €75,457 | €11,085 | -€64,373 | -85.3% |
| Remuneration, social security and pensions | 62 | - | €18,970 | +€18,970 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,275 | €52,622 | +€25,347 | +92.9% |
| Other operating charges | 640/8 | €2,893 | €1,315 | -€1,578 | -54.5% |
| Gross operating margin | 9900 | €85,308 | €74,101 | -€11,207 | -13.1% |
| Operating profit (loss) | 9901 | €55,140 | €1,194 | -€53,945 | -97.8% |
| Financial income | 75/76B | €34 | €20 | -€14 | -42.0% |
| Recurring financial income | 75 | €34 | €20 | -€14 | -42.0% |
| Financial charges | 65/66B | -€239 | €1,001 | +€1,239 | |
| Recurring financial charges | 65 | -€496 | €1,001 | +€1,497 | |
| Non-recurring financial charges | 66B | €258 | - | -€258 | |
| Profit (loss) for the period before taxes | 9903 | €55,413 | €214 | -€55,199 | -99.6% |
| Income taxes | 67/77 | €15,980 | €43 | -€15,937 | -99.7% |
| Profit (loss) for the period | 9904 | €39,433 | €171 | -€39,262 | -99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €39,433 | €171 | -€39,262 | -99.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.