UNIVERTEL: 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.
UNIVERTEL
Largest movements
- Receivables within one year -€91,247
down €91,247 (-60.9%), from €149,934 to €58,687
of which Trade receivables: -€91,247
- Stocks and contracts -€17,406
down €17,406 (-26.4%), from €65,882 to €48,476
- Reserves -€56,888
down €56,888 (-23.0%), from €247,437 to €190,549
- Trade debts -€37,563
down €37,563 (-45.9%), from €81,852 to €44,289
- Debts after one year -€14,524
down €14,524 (-24.2%), from €60,118 to €45,594
- Tax, wage and social debts +€5,439
up €5,439 (+20.5%), from €26,533 to €31,972
of which Taxes: +€5,496
- Gross operating margin -€80,816
down €80,816 (-57.9%), from €139,491 to €58,675
- Other operating charges -€10,447
down €10,447 (-75.5%), from €13,846 to €3,399
- Taxes -€8,901
down €8,901 (-94.1%), from €9,460 to €558
- Staff costs +€3,280
up €3,280 (+3.6%), from €90,973 to €94,253
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 | €469,943 | €365,977 | -€103,966 | -22.1% |
| Fixed assets | 21/28 | €167,559 | €167,711 | +€152 | +0.1% |
| Tangible fixed assets | 22/27 | €167,350 | €167,502 | +€152 | +0.1% |
| Land and buildings | 22 | €146,672 | €141,824 | -€4,848 | -3.3% |
| Plant, machinery and equipment | 23 | €19,584 | €25,131 | +€5,546 | +28.3% |
| Furniture and vehicles | 24 | €1,093 | €547 | -€547 | -50.0% |
| Financial fixed assets | 28 | €209 | €209 | = | 0.0% |
| Current assets | 29/58 | €302,384 | €198,266 | -€104,118 | -34.4% |
| Stocks and contracts in progress | 3 | €65,882 | €48,476 | -€17,406 | -26.4% |
| Stocks | 30/36 | €65,882 | €48,476 | -€17,406 | -26.4% |
| Amounts receivable within one year | 40/41 | €149,934 | €58,687 | -€91,247 | -60.9% |
| Trade receivables | 40 | €149,307 | €58,060 | -€91,247 | -61.1% |
| Other amounts receivable | 41 | €626 | €626 | = | 0.0% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €34,511 | €38,277 | +€3,766 | +10.9% |
| Deferred charges and accrued income | 490/1 | €2,058 | €2,828 | +€769 | +37.4% |
| Total equity and liabilities | 10/49 | €469,943 | €365,977 | -€103,966 | -22.1% |
| Equity | 10/15 | €266,037 | €209,149 | -€56,888 | -21.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €247,437 | €190,549 | -€56,888 | -23.0% |
| Distributable reserves | 133 | €247,437 | €190,549 | -€56,888 | -23.0% |
| Amounts payable | 17/49 | €203,906 | €156,828 | -€47,078 | -23.1% |
| Amounts payable after more than one year | 17 | €60,118 | €45,594 | -€14,524 | -24.2% |
| Financial debts | 170/4 | €60,118 | €45,594 | -€14,524 | -24.2% |
| Amounts payable within one year | 42/48 | €142,212 | €107,700 | -€34,512 | -24.3% |
| Current portion of amounts payable after more than one year | 42 | €14,200 | €14,524 | +€324 | +2.3% |
| Trade debts | 44 | €81,852 | €44,289 | -€37,563 | -45.9% |
| Suppliers | 440/4 | €81,852 | €44,289 | -€37,563 | -45.9% |
| Taxes, remuneration and social security | 45 | €26,533 | €31,972 | +€5,439 | +20.5% |
| Taxes | 450/3 | €9,501 | €14,997 | +€5,496 | +57.8% |
| Remuneration and social security | 454/9 | €17,031 | €16,975 | -€57 | -0.3% |
| Other amounts payable | 47/48 | €19,628 | €16,915 | -€2,712 | -13.8% |
| Accrued charges and deferred income | 492/3 | €1,576 | €3,535 | +€1,958 | +124% |
| Non-recurring operating income | 76A | €565 | €1,477 | +€912 | +161% |
| Remuneration, social security and pensions | 62 | €90,973 | €94,253 | +€3,280 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,244 | €10,548 | -€696 | -6.2% |
| Other operating charges | 640/8 | €13,846 | €3,399 | -€10,447 | -75.5% |
| Non-recurring operating charges | 66A | €1 | €5,016 | +€5,015 | +477,643% |
| Gross operating margin | 9900 | €139,491 | €58,675 | -€80,816 | -57.9% |
| Operating profit (loss) | 9901 | €23,428 | -€54,541 | -€77,969 | |
| Financial income | 75/76B | €1,217 | €57 | -€1,159 | -95.3% |
| Recurring financial income | 75 | €1,217 | €57 | -€1,159 | -95.3% |
| Financial charges | 65/66B | €2,522 | €1,846 | -€676 | -26.8% |
| Recurring financial charges | 65 | €2,522 | €1,846 | -€676 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €22,122 | -€56,329 | -€78,452 | |
| Income taxes | 67/77 | €9,460 | €558 | -€8,901 | -94.1% |
| Profit (loss) for the period | 9904 | €12,663 | -€56,888 | -€69,550 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,663 | -€56,888 | -€69,550 |
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 25 October 2026 via checked.be.