U-MEN: 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.
U-MEN
Largest movements
- Receivables within one year +€20,662
up €20,662 (+116%), from €17,804 to €38,466
of which Other amounts receivable: +€13,801
- Cash +€2,370
up €2,370 (+16.9%), from €13,985 to €16,355
mainly Net result for the year (+€69,461) and Other debts (+€29,515)
- Tangible fixed assets -€1,930
down €1,930 (-18.9%), from €10,225 to €8,295
of which Furniture and vehicles: -€1,767
- Other debts +€29,515
up €29,515 (+73.9%), from €39,946 to €69,461
- Trade debts -€21,601
down €21,601 (-94.4%), from €22,872 to €1,271
- Tax, wage and social debts +€13,726
up €13,726 (+238%), from €5,757 to €19,483
- Gross operating margin +€37,537
up €37,537 (+68.5%), from €54,811 to €92,348
- Taxes +€7,530
up €7,530 (+60.2%), from €12,508 to €20,038
- Financial income -€1,071
down €1,071 (-42.8%), from €2,501 to €1,430
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 | €76,075 | €97,715 | +€21,640 | +28.4% |
| Fixed assets | 21/28 | €10,225 | €8,295 | -€1,930 | -18.9% |
| Tangible fixed assets | 22/27 | €10,225 | €8,295 | -€1,930 | -18.9% |
| Furniture and vehicles | 24 | €5,947 | €4,180 | -€1,767 | -29.7% |
| Other tangible fixed assets | 26 | €4,277 | €4,114 | -€163 | -3.8% |
| Current assets | 29/58 | €65,851 | €89,421 | +€23,570 | +35.8% |
| Amounts receivable after more than one year | 29 | €32,924 | €33,856 | +€932 | +2.8% |
| Other amounts receivable | 291 | €32,924 | €33,856 | +€932 | +2.8% |
| Amounts receivable within one year | 40/41 | €17,804 | €38,466 | +€20,662 | +116% |
| Trade receivables | 40 | €15,316 | €22,176 | +€6,861 | +44.8% |
| Other amounts receivable | 41 | €2,488 | €16,289 | +€13,801 | +555% |
| Cash at bank and in hand | 54/58 | €13,985 | €16,355 | +€2,370 | +16.9% |
| Deferred charges and accrued income | 490/1 | €1,138 | €744 | -€394 | -34.6% |
| Total equity and liabilities | 10/49 | €76,075 | €97,715 | +€21,640 | +28.4% |
| Equity | 10/15 | €7,500 | €7,500 | = | 0.0% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €68,575 | €90,215 | +€21,640 | +31.6% |
| Amounts payable within one year | 42/48 | €68,575 | €90,215 | +€21,640 | +31.6% |
| Trade debts | 44 | €22,872 | €1,271 | -€21,601 | -94.4% |
| Suppliers | 440/4 | €22,872 | €1,271 | -€21,601 | -94.4% |
| Taxes, remuneration and social security | 45 | €5,757 | €19,483 | +€13,726 | +238% |
| Taxes | 450/3 | €5,757 | €19,483 | +€13,726 | +238% |
| Other amounts payable | 47/48 | €39,946 | €69,461 | +€29,515 | +73.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,062 | €1,930 | -€132 | -6.4% |
| Other operating charges | 640/8 | €1,536 | €1,222 | -€315 | -20.5% |
| Gross operating margin | 9900 | €54,811 | €92,348 | +€37,537 | +68.5% |
| Operating profit (loss) | 9901 | €51,212 | €89,196 | +€37,984 | +74.2% |
| Financial income | 75/76B | €2,501 | €1,430 | -€1,071 | -42.8% |
| Recurring financial income | 75 | €2,501 | €1,430 | -€1,071 | -42.8% |
| Financial charges | 65/66B | €1,260 | €1,127 | -€132 | -10.5% |
| Recurring financial charges | 65 | €1,260 | €1,127 | -€132 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €52,454 | €89,499 | +€37,045 | +70.6% |
| Income taxes | 67/77 | €12,508 | €20,038 | +€7,530 | +60.2% |
| Profit (loss) for the period | 9904 | €39,946 | €69,461 | +€29,515 | +73.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,946 | €69,461 | +€29,515 | +73.9% |
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 28 October 2026 via checked.be.