UNIVERSAL TRADERS ANTWERP: 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 TRADERS ANTWERP
Largest movements
- Receivables within one year +€1.2m
up €1.2m (+64.4%), from €1.8m to €3.0m
of which Trade receivables: +€786,041
- Current investments -€973,033
down €973,033 (-100%), from €973,033 to €0
- Stocks and contracts +€494,231
up €494,231 (+42.1%), from €1.2m to €1.7m
- Cash +€218,886
up €218,886 (+136%), from €161,422 to €380,308
mainly Current investments (+€973,033) and Trade debts (+€662,681)
- Trade debts +€662,681
up €662,681 (+32.8%), from €2.0m to €2.7m
- Reserves +€243,757
up €243,757 (+9.9%), from €2.5m to €2.7m
- Gross operating margin -€659,890
down €659,890 (-67.8%), from €973,057 to €313,167
- Staff costs -€64,072
down €64,072 (-62.5%), from €102,574 to €38,503
- Financial income +€11,673
up €11,673 (+5,740%), from €203 to €11,877
of which Non-recurring financial income: +€9,500
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 | €4,519,832 | €5,437,584 | +€917,753 | +20.3% |
| Fixed assets | 21/28 | €5,708 | €3,228 | -€2,480 | -43.5% |
| Tangible fixed assets | 22/27 | €5,708 | €3,228 | -€2,480 | -43.5% |
| Land and buildings | 22 | €3,291 | €2,703 | -€589 | -17.9% |
| Plant, machinery and equipment | 23 | €1,737 | €65 | -€1,673 | -96.3% |
| Furniture and vehicles | 24 | €679 | €460 | -€219 | -32.3% |
| Current assets | 29/58 | €4,514,124 | €5,434,357 | +€920,233 | +20.4% |
| Amounts receivable after more than one year | 29 | €374,000 | €374,000 | = | 0.0% |
| Other amounts receivable | 291 | €374,000 | €374,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,174,000 | €1,668,231 | +€494,231 | +42.1% |
| Stocks | 30/36 | €1,174,000 | €1,668,231 | +€494,231 | +42.1% |
| Amounts receivable within one year | 40/41 | €1,831,669 | €3,011,050 | +€1.2m | +64.4% |
| Trade receivables | 40 | €1,205,539 | €1,991,580 | +€786,041 | +65.2% |
| Other amounts receivable | 41 | €626,130 | €1,019,469 | +€393,339 | +62.8% |
| Current investments | 50/53 | €973,033 | €0 | -€973,033 | -100% |
| Cash at bank and in hand | 54/58 | €161,422 | €380,308 | +€218,886 | +136% |
| Deferred charges and accrued income | 490/1 | €0 | €769 | +€769 | |
| Total equity and liabilities | 10/49 | €4,519,832 | €5,437,584 | +€917,753 | +20.3% |
| Equity | 10/15 | €2,477,804 | €2,721,560 | +€243,757 | +9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,459,204 | €2,702,960 | +€243,757 | +9.9% |
| Distributable reserves | 133 | €2,459,204 | €2,702,960 | +€243,757 | +9.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €2,042,028 | €2,716,024 | +€673,996 | +33.0% |
| Amounts payable within one year | 42/48 | €2,042,028 | €2,716,024 | +€673,996 | +33.0% |
| Financial debts | 43 | €1,619 | €0 | -€1,619 | -100% |
| Credit institutions | 430/8 | €1,619 | €0 | -€1,619 | -100% |
| Trade debts | 44 | €2,019,884 | €2,682,565 | +€662,681 | +32.8% |
| Suppliers | 440/4 | €2,019,884 | €2,682,565 | +€662,681 | +32.8% |
| Taxes, remuneration and social security | 45 | €20,525 | €33,459 | +€12,934 | +63.0% |
| Taxes | 450/3 | €6,160 | €22,870 | +€16,710 | +271% |
| Remuneration and social security | 454/9 | €14,365 | €10,589 | -€3,776 | -26.3% |
| Remuneration, social security and pensions | 62 | €102,574 | €38,503 | -€64,072 | -62.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,572 | €2,480 | -€91 | -3.6% |
| Other operating charges | 640/8 | €4,288 | €6,751 | +€2,463 | +57.5% |
| Gross operating margin | 9900 | €973,057 | €313,167 | -€659,890 | -67.8% |
| Operating profit (loss) | 9901 | €863,623 | €265,433 | -€598,191 | -69.3% |
| Financial income | 75/76B | €203 | €11,877 | +€11,673 | +5,740% |
| Recurring financial income | 75 | €203 | €2,377 | +€2,173 | +1,069% |
| Non-recurring financial income | 76B | - | €9,500 | +€9,500 | |
| Financial charges | 65/66B | €7,342 | €6,843 | -€499 | -6.8% |
| Recurring financial charges | 65 | €7,342 | €6,843 | -€499 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €856,485 | €270,467 | -€586,018 | -68.4% |
| Income taxes | 67/77 | €24,809 | €26,710 | +€1,901 | +7.7% |
| Profit (loss) for the period | 9904 | €831,676 | €243,757 | -€587,920 | -70.7% |
| Profit (loss) for the period to be appropriated | 9905 | €831,676 | €243,757 | -€587,920 | -70.7% |
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 22 October 2026 via checked.be.