UMABEL: 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.
UMABEL
Largest movements
- Cash +€78,233
up €78,233 (+51.1%), from €153,113 to €231,347
mainly Net result for the year (+€123,221) and Receivables within one year (+€7,125)
- Receivables within one year -€7,125
down €7,125 (-51.9%), from €13,720 to €6,595
of which Other amounts receivable: -€7,264
- Deferred charges and accrued income -€6,920
down €6,920 (-58.1%), from €11,914 to €4,995
- Profit (loss) carried forward +€64,634
up €64,634, from -€64,634 to €0
- Reserves +€58,587
new in 2025: €58,587
- Debts after one year -€28,002
down €28,002 (-12.1%), from €231,319 to €203,317
- Tax, wage and social debts -€15,906
down €15,906 (-100.0%), from €15,906 to €0
- Other debts -€15,526
down €15,526 (-52.4%), from €29,622 to €14,096
- Gross operating margin -€14,172
down €14,172 (-8.8%), from €161,624 to €147,452
- Taxes +€5,609
up €5,609 (+44.0%), from €12,761 to €18,370
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 | €264,677 | €329,465 | +€64,789 | +24.5% |
| Fixed assets | 21/28 | €85,929 | €86,529 | +€600 | +0.7% |
| Tangible fixed assets | 22/27 | €85,929 | €86,529 | +€600 | +0.7% |
| Furniture and vehicles | 24 | €85,929 | €86,529 | +€600 | +0.7% |
| Current assets | 29/58 | €178,748 | €242,937 | +€64,189 | +35.9% |
| Amounts receivable within one year | 40/41 | €13,720 | €6,595 | -€7,125 | -51.9% |
| Trade receivables | 40 | €2,681 | €2,820 | +€139 | +5.2% |
| Other amounts receivable | 41 | €11,039 | €3,775 | -€7,264 | -65.8% |
| Cash at bank and in hand | 54/58 | €153,113 | €231,347 | +€78,233 | +51.1% |
| Deferred charges and accrued income | 490/1 | €11,914 | €4,995 | -€6,920 | -58.1% |
| Total equity and liabilities | 10/49 | €264,677 | €329,465 | +€64,789 | +24.5% |
| Equity | 10/15 | -€46,034 | €77,187 | +€123,221 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €58,587 | +€58,587 | |
| Distributable reserves | 133 | - | €58,587 | +€58,587 | |
| Profit (loss) carried forward | 14 | -€64,634 | €0 | +€64,634 | |
| Amounts payable | 17/49 | €310,711 | €252,278 | -€58,432 | -18.8% |
| Amounts payable after more than one year | 17 | €231,319 | €203,317 | -€28,002 | -12.1% |
| Financial debts | 170/4 | €231,319 | €203,317 | -€28,002 | -12.1% |
| Amounts payable within one year | 42/48 | €79,392 | €48,877 | -€30,515 | -38.4% |
| Current portion of amounts payable after more than one year | 42 | €27,186 | €28,002 | +€816 | +3.0% |
| Trade debts | 44 | €6,678 | €6,780 | +€101 | +1.5% |
| Suppliers | 440/4 | €6,678 | €6,780 | +€101 | +1.5% |
| Taxes, remuneration and social security | 45 | €15,906 | €0 | -€15,906 | -100.0% |
| Taxes | 450/3 | €15,906 | €0 | -€15,906 | -100.0% |
| Other amounts payable | 47/48 | €29,622 | €14,096 | -€15,526 | -52.4% |
| Accrued charges and deferred income | 492/3 | - | €84 | +€84 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €239 | €1,039 | +€799 | +333.9% |
| Other operating charges | 640/8 | €449 | €524 | +€74 | +16.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €161,624 | €147,452 | -€14,172 | -8.8% |
| Operating profit (loss) | 9901 | €160,935 | €145,890 | -€15,046 | -9.3% |
| Financial income | 75/76B | €22 | €1 | -€21 | -95.5% |
| Recurring financial income | 75 | €22 | €1 | -€21 | -95.5% |
| Financial charges | 65/66B | €4,560 | €4,299 | -€261 | -5.7% |
| Recurring financial charges | 65 | €4,560 | €4,299 | -€261 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €156,397 | €141,591 | -€14,806 | -9.5% |
| Income taxes | 67/77 | €12,761 | €18,370 | +€5,609 | +44.0% |
| Profit (loss) for the period | 9904 | €143,636 | €123,221 | -€20,415 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €143,636 | €123,221 | -€20,415 | -14.2% |
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 2 October 2026 via checked.be.