UNI4: what changed
UNI4
Largest movements
- Receivables within one year +€2,568
up €2,568 (+9.9%), from €25,968 to €28,536
of which Trade receivables: +€1,857
- Deferred charges and accrued income -€1,000
down €1,000 (-20.6%), from €4,850 to €3,850
- Formation expenses -€808
no longer reported in 2025 (was €808)
- Tangible fixed assets -€531
no longer reported in 2025 (was €531)
- Cash +€352
new in 2025: €352
mainly Depreciation (+€1,339) and Trade debts (+€1,047)
- Trade debts +€1,047
up €1,047 (+63.2%), from €1,656 to €2,702
- Tax, wage and social debts -€629
down €629 (-77.3%), from €815 to €185
- Depreciation -€798
down €798 (-37.3%), from €2,137 to €1,339
- Gross operating margin -€736
down €736 (-28.5%), from €2,579 to €1,843
- Other operating charges -€68
down €68 (-17.7%), from €387 to €319
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,189 | €32,739 | +€549 | +1.7% |
| Formation expenses | 20 | €808 | - | -€808 | |
| Fixed assets | 21/28 | €531 | - | -€531 | |
| Tangible fixed assets | 22/27 | €531 | - | -€531 | |
| Furniture and vehicles | 24 | €531 | - | -€531 | |
| Current assets | 29/58 | €30,850 | €32,739 | +€1,889 | +6.1% |
| Amounts receivable within one year | 40/41 | €25,968 | €28,536 | +€2,568 | +9.9% |
| Trade receivables | 40 | €25,968 | €27,825 | +€1,857 | +7.2% |
| Other amounts receivable | 41 | - | €711 | +€711 | |
| Current investments | 50/53 | €32 | - | -€32 | |
| Cash at bank and in hand | 54/58 | - | €352 | +€352 | |
| Deferred charges and accrued income | 490/1 | €4,850 | €3,850 | -€1,000 | -20.6% |
| Total equity and liabilities | 10/49 | €32,189 | €32,739 | +€549 | +1.7% |
| Equity | 10/15 | €29,156 | €29,288 | +€132 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €356 | €356 | = | 0.0% |
| Non-distributable reserves | 130/1 | €356 | €356 | = | 0.0% |
| Reserves not available under the articles | 1311 | €356 | €356 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,200 | €10,332 | +€132 | +1.3% |
| Amounts payable | 17/49 | €3,033 | €3,451 | +€417 | +13.8% |
| Amounts payable within one year | 42/48 | €3,033 | €3,451 | +€417 | +13.8% |
| Trade debts | 44 | €1,656 | €2,702 | +€1,047 | +63.2% |
| Suppliers | 440/4 | €1,656 | €2,702 | +€1,047 | +63.2% |
| Taxes, remuneration and social security | 45 | €815 | €185 | -€629 | -77.3% |
| Taxes | 450/3 | €815 | €185 | -€629 | -77.3% |
| Other amounts payable | 47/48 | €563 | €563 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,137 | €1,339 | -€798 | -37.3% |
| Other operating charges | 640/8 | €387 | €319 | -€68 | -17.7% |
| Gross operating margin | 9900 | €2,579 | €1,843 | -€736 | -28.5% |
| Operating profit (loss) | 9901 | €55 | €185 | +€130 | +235% |
| Financial charges | 65/66B | €51 | €53 | +€2 | +3.5% |
| Recurring financial charges | 65 | €51 | €53 | +€2 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €4 | €132 | +€128 | +3,069% |
| Profit (loss) for the period | 9904 | €4 | €132 | +€128 | +3,069% |
| Profit (loss) for the period to be appropriated | 9905 | €4 | €132 | +€128 | +3,069% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.