UVNC: 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.
UVNC
Largest movements
- Tangible fixed assets -€25,783
down €25,783 (-5.2%), from €492,115 to €466,331
of which Land and buildings: -€24,673
- Cash -€9,932
down €9,932 (-53.9%), from €18,411 to €8,480
mainly Net result for the year (-€32,545) and Accrued charges and deferred income (-€11,601)
- Profit (loss) carried forward -€32,545
down €32,545 (-269.6%), from -€12,073 to -€44,618
- Accrued charges and deferred income -€11,601
down €11,601 (-20.0%), from €58,112 to €46,510
- Other debts +€8,929
up €8,929 (+2.7%), from €334,060 to €342,990
- Financial charges -€26,555
down €26,555 (-94.6%), from €28,073 to €1,518
- Gross operating margin -€18,903
down €18,903, from €18,288 to -€615
- Financial income -€3,200
down €3,200 (-77.4%), from €4,134 to €934
- Depreciation -€1,617
down €1,617 (-5.9%), from €27,400 to €25,783
- Other operating charges +€201
up €201 (+4.0%), from €4,997 to €5,197
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 | €616,035 | €579,703 | -€36,331 | -5.9% |
| Fixed assets | 21/28 | €518,211 | €492,427 | -€25,783 | -5.0% |
| Tangible fixed assets | 22/27 | €492,115 | €466,331 | -€25,783 | -5.2% |
| Land and buildings | 22 | €489,438 | €464,765 | -€24,673 | -5.0% |
| Furniture and vehicles | 24 | €2,677 | €1,567 | -€1,110 | -41.5% |
| Financial fixed assets | 28 | €26,096 | €26,096 | = | 0.0% |
| Current assets | 29/58 | €97,824 | €87,276 | -€10,548 | -10.8% |
| Amounts receivable within one year | 40/41 | €5,897 | €5,768 | -€129 | -2.2% |
| Trade receivables | 40 | €2,229 | €2,140 | -€90 | -4.0% |
| Other amounts receivable | 41 | €3,668 | €3,629 | -€39 | -1.1% |
| Current investments | 50/53 | €71,966 | €71,437 | -€529 | -0.7% |
| Cash at bank and in hand | 54/58 | €18,411 | €8,480 | -€9,932 | -53.9% |
| Deferred charges and accrued income | 490/1 | €1,550 | €1,591 | +€41 | +2.6% |
| Total equity and liabilities | 10/49 | €616,035 | €579,703 | -€36,331 | -5.9% |
| Equity | 10/15 | €221,409 | €188,864 | -€32,545 | -14.7% |
| Contributions | 10/11 | €56,100 | €56,100 | = | 0.0% |
| Reserves | 13 | €177,382 | €177,382 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,669 | €8,669 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,669 | €8,669 | = | 0.0% |
| Distributable reserves | 133 | €168,713 | €168,713 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,073 | -€44,618 | -€32,545 | -269.6% |
| Amounts payable | 17/49 | €394,626 | €390,840 | -€3,786 | -1.0% |
| Amounts payable within one year | 42/48 | €336,514 | €344,329 | +€7,815 | +2.3% |
| Trade debts | 44 | €2,454 | €977 | -€1,477 | -60.2% |
| Suppliers | 440/4 | €2,454 | €977 | -€1,477 | -60.2% |
| Taxes, remuneration and social security | 45 | - | €363 | +€363 | |
| Taxes | 450/3 | - | €363 | +€363 | |
| Other amounts payable | 47/48 | €334,060 | €342,990 | +€8,929 | +2.7% |
| Accrued charges and deferred income | 492/3 | €58,112 | €46,510 | -€11,601 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,400 | €25,783 | -€1,617 | -5.9% |
| Other operating charges | 640/8 | €4,997 | €5,197 | +€201 | +4.0% |
| Gross operating margin | 9900 | €18,288 | -€615 | -€18,903 | |
| Operating profit (loss) | 9901 | -€14,109 | -€31,596 | -€17,487 | -123.9% |
| Financial income | 75/76B | €4,134 | €934 | -€3,200 | -77.4% |
| Recurring financial income | 75 | €4,134 | €934 | -€3,200 | -77.4% |
| Financial charges | 65/66B | €28,073 | €1,518 | -€26,555 | -94.6% |
| Recurring financial charges | 65 | €28,073 | €1,518 | -€26,555 | -94.6% |
| Profit (loss) for the period before taxes | 9903 | -€38,048 | -€32,181 | +€5,867 | +15.4% |
| Income taxes | 67/77 | €342 | €365 | +€22 | +6.5% |
| Profit (loss) for the period | 9904 | -€38,390 | -€32,545 | +€5,845 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,390 | -€32,545 | +€5,845 | +15.2% |
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 6 October 2026 via checked.be.