UNPLUGD: what changed
Two fiscal 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.
UNPLUGD
Largest movements
- Receivables within one year -€17,808
down €17,808 (-28.0%), from €63,558 to €45,750
of which Trade receivables: -€17,814
- Deferred charges and accrued income -€7,365
down €7,365 (-34.5%), from €21,373 to €14,008
- Cash -€6,755
down €6,755 (-8.3%), from €81,300 to €74,545
mainly Contributions, distributions and other (-€86,000) and Other debts (-€36,978)
- Other debts -€36,978
down €36,978 (-33.6%), from €110,000 to €73,022
- Tax, wage and social debts +€7,337
up €7,337 (+34.0%), from €21,574 to €28,910
- Reserves -€2,650
down €2,650 (-12.8%), from €20,781 to €18,130
- Gross operating margin -€42,645
down €42,645 (-26.2%), from €162,518 to €119,873
- Taxes -€7,979
down €7,979 (-20.1%), from €39,760 to €31,781
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.
Cash bridge derived
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 | €174,252 | €141,034 | -€33,218 | -19.1% |
| Fixed assets | 21/28 | €8,021 | €6,731 | -€1,290 | -16.1% |
| Tangible fixed assets | 22/27 | €6,021 | €4,731 | -€1,290 | -21.4% |
| Furniture and vehicles | 24 | €4,014 | €3,201 | -€813 | -20.3% |
| Other tangible fixed assets | 26 | €2,007 | €1,530 | -€477 | -23.8% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €166,231 | €134,303 | -€31,928 | -19.2% |
| Amounts receivable within one year | 40/41 | €63,558 | €45,750 | -€17,808 | -28.0% |
| Trade receivables | 40 | €55,345 | €37,531 | -€17,814 | -32.2% |
| Other amounts receivable | 41 | €8,213 | €8,219 | +€6 | +0.1% |
| Cash at bank and in hand | 54/58 | €81,300 | €74,545 | -€6,755 | -8.3% |
| Deferred charges and accrued income | 490/1 | €21,373 | €14,008 | -€7,365 | -34.5% |
| Total equity and liabilities | 10/49 | €174,252 | €141,034 | -€33,218 | -19.1% |
| Equity | 10/15 | €39,331 | €36,680 | -€2,650 | -6.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €20,781 | €18,130 | -€2,650 | -12.8% |
| Distributable reserves | 133 | €20,781 | €18,130 | -€2,650 | -12.8% |
| Amounts payable | 17/49 | €134,921 | €104,353 | -€30,568 | -22.7% |
| Amounts payable within one year | 42/48 | €133,762 | €104,353 | -€29,409 | -22.0% |
| Trade debts | 44 | €2,189 | €2,421 | +€232 | +10.6% |
| Suppliers | 440/4 | €2,189 | €2,421 | +€232 | +10.6% |
| Taxes, remuneration and social security | 45 | €21,574 | €28,910 | +€7,337 | +34.0% |
| Taxes | 450/3 | €21,574 | €28,910 | +€7,337 | +34.0% |
| Other amounts payable | 47/48 | €110,000 | €73,022 | -€36,978 | -33.6% |
| Accrued charges and deferred income | 492/3 | €1,159 | - | -€1,159 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,941 | €2,246 | +€305 | +15.7% |
| Other operating charges | 640/8 | €1,179 | €977 | -€203 | -17.2% |
| Gross operating margin | 9900 | €162,518 | €119,873 | -€42,645 | -26.2% |
| Operating profit (loss) | 9901 | €159,397 | €116,650 | -€42,747 | -26.8% |
| Financial charges | 65/66B | €54 | €1,520 | +€1,466 | +2711.9% |
| Recurring financial charges | 65 | €54 | €1,520 | +€1,466 | +2711.9% |
| Profit (loss) for the period before taxes | 9903 | €159,343 | €115,131 | -€44,213 | -27.7% |
| Income taxes | 67/77 | €39,760 | €31,781 | -€7,979 | -20.1% |
| Profit (loss) for the period | 9904 | €119,583 | €83,350 | -€36,234 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €119,583 | €83,350 | -€36,234 | -30.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.