Univet: 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.
Univet
Largest movements
- Cash +€70,011
up €70,011 (+92.6%), from €75,591 to €145,602
mainly Net result for the year (+€367,548) and Other debts (+€167,960)
- Receivables within one year -€33,931
down €33,931 (-5.5%), from €611,368 to €577,437
of which Trade receivables: -€28,945
- Stocks and contracts +€33,026
up €33,026 (+10.4%), from €316,441 to €349,467
- Tangible fixed assets -€12,524
down €12,524 (-26.1%), from €48,002 to €35,479
- Short-term financial debts -€195,200
down €195,200 (-79.6%), from €245,200 to €50,000
- Other debts +€167,960
up €167,960 (+64.3%), from €261,257 to €429,217
- Trade debts +€84,821
up €84,821 (+58.4%), from €145,288 to €230,109
- Reserves +€23,548
up €23,548 (+6.8%), from €345,984 to €369,532
of which Distributable reserves: +€23,548
- Debts after one year -€12,500
down €12,500 (-41.4%), from €30,208 to €17,708
- Gross operating margin +€142,043
up €142,043 (+54.7%), from €259,644 to €401,687
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 | €1,061,116 | €1,116,692 | +€55,576 | +5.2% |
| Fixed assets | 21/28 | €48,002 | €35,479 | -€12,524 | -26.1% |
| Tangible fixed assets | 22/27 | €48,002 | €35,479 | -€12,524 | -26.1% |
| Furniture and vehicles | 24 | €48,002 | €35,479 | -€12,524 | -26.1% |
| Current assets | 29/58 | €1,013,114 | €1,081,214 | +€68,100 | +6.7% |
| Stocks and contracts in progress | 3 | €316,441 | €349,467 | +€33,026 | +10.4% |
| Stocks | 30/36 | €316,441 | €349,467 | +€33,026 | +10.4% |
| Amounts receivable within one year | 40/41 | €611,368 | €577,437 | -€33,931 | -5.5% |
| Trade receivables | 40 | €521,680 | €492,735 | -€28,945 | -5.5% |
| Other amounts receivable | 41 | €89,688 | €84,702 | -€4,986 | -5.6% |
| Cash at bank and in hand | 54/58 | €75,591 | €145,602 | +€70,011 | +92.6% |
| Deferred charges and accrued income | 490/1 | €9,714 | €8,707 | -€1,007 | -10.4% |
| Total equity and liabilities | 10/49 | €1,061,116 | €1,116,692 | +€55,576 | +5.2% |
| Equity | 10/15 | €352,184 | €375,732 | +€23,548 | +6.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €345,984 | €369,532 | +€23,548 | +6.8% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €327,234 | €350,782 | +€23,548 | +7.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €708,933 | €740,961 | +€32,028 | +4.5% |
| Amounts payable after more than one year | 17 | €30,208 | €17,708 | -€12,500 | -41.4% |
| Financial debts | 170/4 | €30,208 | €17,708 | -€12,500 | -41.4% |
| Amounts payable within one year | 42/48 | €677,803 | €723,040 | +€45,237 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €24,395 | €12,500 | -€11,895 | -48.8% |
| Financial debts | 43 | €245,200 | €50,000 | -€195,200 | -79.6% |
| Credit institutions | 430/8 | €245,200 | €50,000 | -€195,200 | -79.6% |
| Trade debts | 44 | €145,288 | €230,109 | +€84,821 | +58.4% |
| Suppliers | 440/4 | €145,288 | €230,109 | +€84,821 | +58.4% |
| Advances received on contracts in progress | 46 | - | €321 | +€321 | |
| Taxes, remuneration and social security | 45 | €1,663 | €893 | -€770 | -46.3% |
| Taxes | 450/3 | €1,663 | €893 | -€770 | -46.3% |
| Other amounts payable | 47/48 | €261,257 | €429,217 | +€167,960 | +64.3% |
| Accrued charges and deferred income | 492/3 | €922 | €212 | -€709 | -77.0% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,540 | €12,524 | -€2,017 | -13.9% |
| Other operating charges | 640/8 | €3,013 | €3,358 | +€345 | +11.5% |
| Gross operating margin | 9900 | €259,644 | €401,687 | +€142,043 | +54.7% |
| Operating profit (loss) | 9901 | €242,091 | €385,805 | +€143,714 | +59.4% |
| Financial income | 75/76B | €3,500 | €3,247 | -€253 | -7.2% |
| Recurring financial income | 75 | €3,500 | €3,247 | -€253 | -7.2% |
| Financial charges | 65/66B | €17,083 | €13,111 | -€3,972 | -23.3% |
| Recurring financial charges | 65 | €17,083 | €13,111 | -€3,972 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €228,508 | €375,941 | +€147,433 | +64.5% |
| Income taxes | 67/77 | €6,490 | €8,393 | +€1,903 | +29.3% |
| Profit (loss) for the period | 9904 | €222,018 | €367,548 | +€145,530 | +65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €222,018 | €367,548 | +€145,530 | +65.5% |
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.