UNIVERT: 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
UNIVERT
NACE 47.761, Retail sale of flowers, plants, seeds and fertilisers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€787,888
2024 · -€658,345-€129,543
Equity
€723,429
2024 · -€488,683+€1.2m
Cash
€2.4m
2024 · €275,871+€2.1m
Balance sheet total
€8.5m
2024 · €5.4m+€3.1m
Largest movements
Assets
- Cash +€2.1m
up €2.1m (+761%), from €275,871 to €2.4m
mainly Contributions, distributions and other (+€2.0m) and Short-term financial debts (+€1.5m)
- Receivables within one year +€536,284
up €536,284 (+138%), from €388,330 to €924,613
of which Trade receivables: +€623,108
- Stocks and contracts +€479,323
up €479,323 (+17.1%), from €2.8m to €3.3m
Equity and liabilities
- Contributions +€2.0m
up €2.0m (+927%), from €215,667 to €2.2m
- Short-term financial debts +€1.5m
up €1.5m (+53.2%), from €2.8m to €4.3m
of which Credit institutions: +€4.3m
- Profit (loss) carried forward -€787,888
down €787,888 (-47.3%), from -€1.7m to -€2.5m
- Other debts +€414,542
up €414,542 (+70.7%), from €586,374 to €1.0m
- Trade debts +€220,556
up €220,556 (+22.8%), from €966,691 to €1.2m
Income statement
- Turnover +€2.0m
up €2.0m (+27.2%), from €7.4m to €9.4m
- Goods and materials +€1.4m
up €1.4m (+27.1%), from €5.0m to €6.4m
of which Purchases: +€1.8m
- Staff costs +€446,185
up €446,185 (+33.5%), from €1.3m to €1.8m
- Services and other goods +€349,242
up €349,242 (+26.6%), from €1.3m to €1.7m
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
-€658,345
Turnover
+€2.0m
Other operating income
+€25,186
Goods and materials
-€1.4m
Services and other goods
-€349,242
Staff costs
-€446,185
Depreciation
-€32,749
Write-downs
-€9,768
Other operating charges
+€23,921
Other operating items
+€23,853
Financial income
-€8,145
Financial charges
+€928
Taxes
-€642
Result 2025
-€787,888
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
-€1.1m
Investment
-€195,363
Financing
+€3.3m
Cash 2024
€275,871
From operations (derived)
-€1.1m
Net result for the year
-€787,888
Depreciation
+€212,312
Stocks and contracts
-€479,323
Receivables within one year
-€536,284
Smaller working-capital items
+€604
Trade debts
+€220,556
Tax, wage and social debts
-€96,287
Other debts
+€414,542
Investment (derived)
-€195,363
Investment in fixed assets (net)
-€195,363
Financing
+€3.3m
Debts after one year
-€128,829
Current portion of long-term debt
+€686
Short-term financial debts
+€1.5m
Contributions, distributions and other
+€2.0m
Cash 2025
€2.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,354,596 | €8,456,725 | +€3.1m | +57.9% |
| Fixed assets | 21/28 | €1,885,392 | €1,868,443 | -€16,949 | -0.9% |
| Intangible fixed assets | 21 | €9,562 | €26,068 | +€16,507 | +173% |
| Tangible fixed assets | 22/27 | €1,872,565 | €1,839,109 | -€33,456 | -1.8% |
| Land and buildings | 22 | €1,139,716 | €1,073,935 | -€65,781 | -5.8% |
| Plant, machinery and equipment | 23 | €648,690 | €600,287 | -€48,404 | -7.5% |
| Furniture and vehicles | 24 | €84,158 | €164,887 | +€80,728 | +95.9% |
| Financial fixed assets | 28 | €3,265 | €3,265 | = | 0.0% |
| Other financial fixed assets | 284/8 | €3,265 | €3,265 | = | 0.0% |
| Shares | 284 | €1,697 | €1,697 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,568 | €1,568 | = | 0.0% |
| Current assets | 29/58 | €3,469,204 | €6,588,283 | +€3.1m | +89.9% |
| Stocks and contracts in progress | 3 | €2,805,003 | €3,284,326 | +€479,323 | +17.1% |
| Stocks | 30/36 | €2,805,003 | €3,284,326 | +€479,323 | +17.1% |
| Goods purchased for resale | 34 | €2,805,003 | €3,284,326 | +€479,323 | +17.1% |
| Amounts receivable within one year | 40/41 | €388,330 | €924,613 | +€536,284 | +138% |
| Trade receivables | 40 | €263,801 | €886,909 | +€623,108 | +236% |
| Other amounts receivable | 41 | €124,529 | €37,705 | -€86,824 | -69.7% |
| Cash at bank and in hand | 54/58 | €275,871 | €2,375,598 | +€2.1m | +761% |
| Deferred charges and accrued income | 490/1 | - | €3,746 | +€3,746 | |
| Total equity and liabilities | 10/49 | €5,354,596 | €8,456,725 | +€3.1m | +57.9% |
| Equity | 10/15 | -€488,683 | €723,429 | +€1.2m | |
| Contributions | 10/11 | €215,667 | €2,215,667 | +€2.0m | +927% |
| Capital | 10 | €215,667 | €2,215,667 | +€2.0m | +927% |
| Issued capital | 100 | €215,667 | €2,215,667 | +€2.0m | +927% |
| Reserves | 13 | €961,498 | €961,498 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21,567 | €21,567 | = | 0.0% |
| Legal reserve | 130 | €21,567 | €21,567 | = | 0.0% |
| Tax-exempt reserves | 132 | €39,931 | €39,931 | = | 0.0% |
| Distributable reserves | 133 | €900,000 | €900,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,665,848 | -€2,453,737 | -€787,888 | -47.3% |
| Amounts payable | 17/49 | €5,843,279 | €7,733,297 | +€1.9m | +32.3% |
| Amounts payable after more than one year | 17 | €1,057,673 | €928,844 | -€128,829 | -12.2% |
| Financial debts | 170/4 | €1,057,673 | €928,844 | -€128,829 | -12.2% |
| Credit institutions | 173 | €1,057,673 | €928,844 | -€128,829 | -12.2% |
| Amounts payable within one year | 42/48 | €4,766,744 | €6,781,240 | +€2.0m | +42.3% |
| Current portion of amounts payable after more than one year | 42 | €180,715 | €181,401 | +€686 | +0.4% |
| Financial debts | 43 | €2,775,000 | €4,250,000 | +€1.5m | +53.2% |
| Credit institutions | 430/8 | - | €4,250,000 | +€4.3m | |
| Other loans | 439 | €2,775,000 | - | -€2.8m | |
| Trade debts | 44 | €966,691 | €1,187,247 | +€220,556 | +22.8% |
| Suppliers | 440/4 | €966,691 | €1,187,247 | +€220,556 | +22.8% |
| Taxes, remuneration and social security | 45 | €257,964 | €161,677 | -€96,287 | -37.3% |
| Taxes | 450/3 | €68,668 | €642 | -€68,025 | -99.1% |
| Remuneration and social security | 454/9 | €189,297 | €161,035 | -€28,262 | -14.9% |
| Other amounts payable | 47/48 | €586,374 | €1,000,915 | +€414,542 | +70.7% |
| Accrued charges and deferred income | 492/3 | €18,862 | €23,213 | +€4,350 | +23.1% |
| Operating income | 70/76A | €7,468,069 | €9,479,554 | +€2.0m | +26.9% |
| Turnover | 70 | €7,351,366 | €9,350,787 | +€2.0m | +27.2% |
| Other operating income | 74 | €75,693 | €100,879 | +€25,186 | +33.3% |
| Non-recurring operating income | 76A | €41,011 | €27,889 | -€13,122 | -32.0% |
| Operating charges | 60/66A | €7,961,965 | €10,095,135 | +€2.1m | +26.8% |
| Goods for resale, raw materials and consumables | 60 | €5,009,122 | €6,365,245 | +€1.4m | +27.1% |
| Purchases | 600/8 | €4,995,459 | €6,844,568 | +€1.8m | +37.0% |
| Change in stocks: decrease (increase) | 609 | €13,663 | -€479,323 | -€492,985 | |
| Services and other goods | 61 | €1,312,764 | €1,662,005 | +€349,242 | +26.6% |
| Remuneration, social security and pensions | 62 | €1,329,999 | €1,776,184 | +€446,185 | +33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179,564 | €212,312 | +€32,749 | +18.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€8,579 | €1,189 | +€9,768 | |
| Other operating charges | 640/8 | €82,007 | €58,086 | -€23,921 | -29.2% |
| Non-recurring operating charges | 66A | €57,088 | €20,113 | -€36,975 | -64.8% |
| Operating profit (loss) | 9901 | -€493,896 | -€615,581 | -€121,685 | -24.6% |
| Financial income | 75/76B | €11,985 | €3,841 | -€8,145 | -68.0% |
| Recurring financial income | 75 | €11,985 | €3,841 | -€8,145 | -68.0% |
| Other financial income | 752/9 | €11,985 | €3,841 | -€8,145 | -68.0% |
| Financial charges | 65/66B | €176,434 | €175,506 | -€928 | -0.5% |
| Recurring financial charges | 65 | €176,434 | €175,506 | -€928 | -0.5% |
| Debt charges | 650 | €165,426 | €167,747 | +€2,321 | +1.4% |
| Other financial charges | 652/9 | €11,008 | €7,759 | -€3,249 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | -€658,345 | -€787,246 | -€128,901 | -19.6% |
| Income taxes | 67/77 | - | €642 | +€642 | |
| Taxes | 670/3 | - | €642 | +€642 | |
| Profit (loss) for the period | 9904 | -€658,345 | -€787,888 | -€129,543 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€658,345 | -€787,888 | -€129,543 | -19.7% |
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 29 October 2026 via checked.be.