UMAIMA: 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.
UMAIMA
Largest movements
- Receivables within one year +€29,780
up €29,780 (+103.4%), from €28,798 to €58,578
of which Trade receivables: +€17,290
- Tangible fixed assets -€18,594
down €18,594 (-20.8%), from €89,221 to €70,627
of which Plant, machinery and equipment: -€13,319
- Cash +€12,013
up €12,013 (+1379.2%), from €871 to €12,884
mainly Trade debts (+€124,023) and Depreciation (+€23,240)
- Financial fixed assets -€3,900
down €3,900 (-82.3%), from €4,740 to €840
- Intangible fixed assets -€2,951
down €2,951 (-11.1%), from €26,563 to €23,612
- Trade debts +€124,023
up €124,023 (+2003.0%), from €6,192 to €130,215
- Other debts -€104,050
no longer reported in 2025 (was €104,050)
- Tax, wage and social debts -€5,982
down €5,982 (-33.5%), from €17,870 to €11,888
of which Remuneration and social security: -€17,870
- Profit (loss) carried forward +€2,357
up €2,357 (+19.5%), from €12,081 to €14,438
- Staff costs +€91,549
up €91,549 (+132.0%), from €69,369 to €160,918
- Gross operating margin +€91,514
up €91,514 (+86.9%), from €105,323 to €196,837
- Other operating charges +€5,626
up €5,626 (+853.7%), from €659 to €6,285
- Taxes +€2,717
new in 2025: €2,717
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 | €150,193 | €166,541 | +€16,348 | +10.9% |
| Fixed assets | 21/28 | €120,524 | €95,079 | -€25,445 | -21.1% |
| Intangible fixed assets | 21 | €26,563 | €23,612 | -€2,951 | -11.1% |
| Tangible fixed assets | 22/27 | €89,221 | €70,627 | -€18,594 | -20.8% |
| Plant, machinery and equipment | 23 | €53,276 | €39,957 | -€13,319 | -25.0% |
| Furniture and vehicles | 24 | €35,945 | €29,540 | -€6,405 | -17.8% |
| Leasing and similar rights | 25 | - | €1,130 | +€1,130 | |
| Financial fixed assets | 28 | €4,740 | €840 | -€3,900 | -82.3% |
| Current assets | 29/58 | €29,669 | €71,462 | +€41,793 | +140.9% |
| Amounts receivable within one year | 40/41 | €28,798 | €58,578 | +€29,780 | +103.4% |
| Trade receivables | 40 | €28,798 | €46,088 | +€17,290 | +60.0% |
| Other amounts receivable | 41 | - | €12,490 | +€12,490 | |
| Cash at bank and in hand | 54/58 | €871 | €12,884 | +€12,013 | +1379.2% |
| Total equity and liabilities | 10/49 | €150,193 | €166,541 | +€16,348 | +10.9% |
| Equity | 10/15 | €22,081 | €24,438 | +€2,357 | +10.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,081 | €14,438 | +€2,357 | +19.5% |
| Amounts payable | 17/49 | €128,112 | €142,103 | +€13,991 | +10.9% |
| Amounts payable within one year | 42/48 | €128,112 | €142,103 | +€13,991 | +10.9% |
| Trade debts | 44 | €6,192 | €130,215 | +€124,023 | +2003.0% |
| Suppliers | 440/4 | €6,192 | €130,215 | +€124,023 | +2003.0% |
| Taxes, remuneration and social security | 45 | €17,870 | €11,888 | -€5,982 | -33.5% |
| Taxes | 450/3 | - | €11,888 | +€11,888 | |
| Remuneration and social security | 454/9 | €17,870 | - | -€17,870 | |
| Other amounts payable | 47/48 | €104,050 | - | -€104,050 | |
| Remuneration, social security and pensions | 62 | €69,369 | €160,918 | +€91,549 | +132.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,675 | €23,240 | +€565 | +2.5% |
| Other operating charges | 640/8 | €659 | €6,285 | +€5,626 | +853.7% |
| Gross operating margin | 9900 | €105,323 | €196,837 | +€91,514 | +86.9% |
| Operating profit (loss) | 9901 | €12,620 | €6,394 | -€6,226 | -49.3% |
| Financial income | 75/76B | €73 | €12 | -€61 | -83.6% |
| Recurring financial income | 75 | €73 | €12 | -€61 | -83.6% |
| Financial charges | 65/66B | €612 | €1,333 | +€721 | +117.8% |
| Recurring financial charges | 65 | €612 | €1,333 | +€721 | +117.8% |
| Profit (loss) for the period before taxes | 9903 | €12,081 | €5,073 | -€7,008 | -58.0% |
| Income taxes | 67/77 | - | €2,717 | +€2,717 | |
| Profit (loss) for the period | 9904 | €12,081 | €2,356 | -€9,725 | -80.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,081 | €2,356 | -€9,725 | -80.5% |
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 4 October 2026 via checked.be.